Form 8-K · Current report
CoStar Group 8-K, filed Aug 21, 2026
- Filed
- CIK
- 0001057352
- Accession no.
- 0001057352-26-000072
Summary
CoStar Group completed its acquisition of Zonda — the new-home construction data and software business of Bora, Inc. — for $800 million in cash, after the deal was announced on May 29, 2026 and cleared regulatory approvals. CoStar CEO Andy Florance said the combination of Zonda's new-construction data and builder relationships with CoStar's analytics and marketplaces can accelerate growth, and Zonda President Jeff Meyers said joining CoStar gives it scale and technology to deepen its industry insights.
Key points
- Zonda serves more than 3,000 customers, including homebuilders, developers, suppliers and lenders, and generated roughly $170 million of revenue in 2025 at a 23% Adjusted EBITDA margin.
- The deal adds the new-construction marketplaces NewHomeSource.com and Livabl to CoStar Group's portfolio of online real estate marketplaces.
- CoStar Group reported second-quarter 2026 revenue of $925 million, up 18% year over year, with Adjusted EBITDA of $184 million and residential revenue up 33% to $444 million.
- BofA Securities advised CoStar Group on the transaction and Latham & Watkins LLP served as legal advisor.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 7.01Regulation FD Disclosure
- 9.01Financial Statements and Exhibits
From the filing
Item 7.01 Regulation FD Disclosure. On August 21, 2026, CoStar Group, Inc., a Delaware corporation, issued a press release (the “Press Release”) announcing the completion of its acquisition of Bora, Inc., a Delaware corporation, and its subsidiaries (together, “Zonda”), for $800 million in cash. A copy of the Press Release is hereby furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information contained in this Item 7.01 and in Exhibit 99.1 of this Current Report on Form 8-K shall be considered “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or…
An excerpt of the text as filed with the SEC, cut for length.
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