About This Deal

CoStar Group acquired BureauxLocaux (Comreal Info) for Base purchase price of EUR 35 million ($41 million) in cash, subject to customary working-capital and other post-closing adjustments, a transaction completed in October 2021, structured as Acquired all share capital interests in Comreal Info (all cash).

BureauxLocaux (Comreal Info) operates in International, is based in France. On October 1, 2021, CoStar acquired all of the share capital interests in Comreal Info, the French owner and operator of BureauxLocaux, a leading commercial real estate digital marketplace in France.

Expanded CoStar's international online marketplace footprint into France.

Deal Terms

Acquirer
CoStar Group
Target
BureauxLocaux (Comreal Info)
Value
Base purchase price of EUR 35 million ($41 million) in cash, subject to customary working-capital and other post-closing adjustments
Date
October 2021
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
France
Segment
International
Structure
Acquired all share capital interests in Comreal Info (all cash)
Closed
October 1, 2021

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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