CoStar Group, Inc. (Nasdaq: CSGP), a leading provider of online real estate marketplaces, information, and analytics across the property markets, has announced that it has entered into a definitive agreement to acquire Zonda, a leading provider of new home construction data, homebuilder software, and residential real estate marketplaces, for US$800 million in cash.
Latham & Watkins LLP represents Costar Group in the transaction with a corporate team led by Orange County partner Daniel Rees, with associates Andrew Forgy, Danny Del Giorno, Blake LaClaire, and Chloe Wallace. Advice was also provided on benefits and compensation matters by Washington, D.C. partners David Della Rocca and Nikhil Kumar, with associates Hayden Rutledge and Julia Harriman; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with associates Dena Behnam and Azam Chaudry; on data privacy matters by Bay Area partner Robert Blamires, with associate Kathryn Parsons-Reponte; on tax matters by Washington, D.C. partner Andrea Ramezan-Jackson, with associate Nolon Blaylock; on antitrust matters by Washington, D.C. partner Farrell Malone, with associate Joseph Lorusso; on labor and employment matters by New York partner Sandra Benjamin, with associates Alexis Grinstead and Alexis Pinzon; and on insurance matters by Los Angeles partner Harrison White.
