Osborne Clarke advised CoStar Group on the deal.
CoStar Group acquired Emporis GmbH, a Germany-based provider of international commercial real estate data and images.
With over 700,000 building records and 600,000 images, Emporis brings valuable research content from over 100 countries in every major region around the world, which CoStar Group plans to integrate into its international platform. CoStar Group provides information, analytics and marketing services to the commercial property industry in the United States, Canada, the United Kingdom, France, Germany, and Spain.
For CoStar Group, the acquisition of Emporis GmbH marks the second M&A transaction in Germany. In 2016, the company acquired Thomas Daily GmbH, an information provider focused on the German real estate market.
CoStar Group, Inc. (NASDAQ: CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces.
Dr Björn Hürten (Picture), Partner at Osborne Clarke, led the team with support from Dr Philipp Reeb, Charlotte Mager, David Jaschke (all M&A), Dr Marc Störing (Data Protection), Felix Hilgert (IP/IT), Alexander Schlicht (Employment), Dr Christoph Torwegge (Foreign Investments), Dr Sebastian Hack (Antitrust) and Florian Merkle (Tax).
Luther (Dr Jörgen Tielmann) advised on the buyer side.
Involved fees earner: Felix Hilgert – Osborne Clarke; Sebastian Hack – Osborne Clarke; Björn Hürten – Osborne Clarke; Charlotte Mager – Osborne Clarke; Florian Merkle – Osborne Clarke; Philipp Reeb – Osborne Clarke; Alexander Schlicht – Osborne Clarke; Marc Störing – Osborne Clarke; Christoph Torwegge – Osborne Clarke;
Law Firms: Osborne Clarke;
Clients: CoStar Group, Inc.;