CoStar Group Completes $800M Cash Acquisition of New Home Data Firm Zonda

CoStar Group announced the completion of its acquisition of Zonda, a leading provider of new home construction data, analytics, and online marketplaces, for $800 million in cash. This strategic acquisition significantly expands CoStar's presence into the U.S. new home market, a sector with approximately $400 billion in annual sales.

Key Details

• Acquisition Price: The all-cash transaction was valued at $800 million.
• Acquired Business: Zonda provides data, software, and operates marketplaces like NewHomeSource.com and Livabl, serving over 3,000 customers in the homebuilding industry.
• Financial Impact: In 2025, Zonda generated approximately $170 million in revenue at a 23% Adjusted EBITDA margin. The acquisition is expected to enhance the profitability of CoStar's residential segment.