CoStar Group Acquires Ten-X Commercial

May 13, 2020

CoStar Group agreed to acquire Ten-X Commercial for $190 million in cash. The acquisition brings Ten-X's digital commercial real estate auction and transaction platform (which has transacted roughly $24 billion in sales) into CoStar's ecosystem to integrate with LoopNet and expand CoStar's end-to-end online transaction capabilities.

Buyers
CoStar Group
Targets
Ten-X
Sellers
Investment funds affiliated with Thomas H. Lee Partners and certain co-investors
Industry
Cloud & SaaS
Location
California, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.