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Costar Group

Arlington, Virginia, United States · Analytics, Commercial Real Estate, Manufacturing

Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Its primary business activities include offering data solutions and insights that help real estate professionals make informed decisions. Key products and services encompass a suite of analytical tools, research offerings, and online platforms for property sales and leasing. The comp

Key facts

Headquarters
Arlington, Virginia, United States
Employees
8,500
Industries
Analytics, Commercial Real Estate, Manufacturing
Status
Public (CSGP)
Website
costargroup.com
LinkedIn
Company page

Recent activity at Costar Group

  • : CoStar Group to acquire Vexcel for $730 million
  • : SEC 8-K (1.01): On October 27, 2026, CoStar Group, Inc. entered into a Merger Agreement to acquire Vexcel Group, Inc. for $730 million in cash. This strategic acquisition involves CoStar's wholly owned subsidiaries and is aimed at enhancing their capabilities in aerial imagery and geospatial data programs. The transaction is dependent on customary conditions such as regulatory approvals and the absence of any legal prohibitions. Additionally, either party can terminate the agreement if not consummated by July 27, 2027, with specified extensions under certain circumstances.
  • : SEC 8-K (7.01): On August 21, 2026, CoStar Group, Inc. announced the completion of its acquisition of Bora, Inc. and its subsidiaries, collectively referred to as Zonda, for a total cash consideration of $800 million. This transaction marks a significant strategic move for CoStar Group, enhancing its portfolio and market presence in the relevant sector. The acquisition aligns with CoStar's growth strategy and is expected to bring valuable assets and capabilities into its operations. The deal was officially reported in a press release issued on the same date, signaling its immediate impact on the company's business activities.
  • : CoStar Group Appoints Robin Rossmann as Chief Financial Officer
  • : SEC 8-K (5.02): On July 13, 2026, CoStar Group, Inc. appointed Robin Rossmann as the new Chief Financial Officer, effective July 31, 2026. Mr. Rossmann, who has over 20 years of financial and operational leadership experience, previously served as Managing Director for CoStar's European operations. His new role includes an annual base salary of £440,000, transitioning to $590,000 upon relocation to Arlington, VA, expected by December 31, 2026. Additionally, he is set to receive a one-time equity grant valued at $2,500,000 under the 2025 Stock Incentive Plan, indicating a significant investment in leadership as the company seeks to enhance its operational effectiveness and global competitiveness.
  • : SEC 8-K (5.02): On July 13, 2026, CoStar Group, Inc. appointed Robin Rossmann as the new Chief Financial Officer, effective July 31, 2026. Mr. Rossmann has over 20 years of experience in financial and operational leadership, and he previously served as the Managing Director for Europe at CoStar Group. His contributions include enhancing the margins of the European business and achieving significant revenue growth, alongside the launch of CoStar in France. This leadership change indicates a strategic shift in the company’s financial management as it prepares for future growth.
  • : SEC 8-K (5.02): On June 23, 2026, CoStar Group, Inc. held its Annual Meeting of Stockholders where the stockholders approved the CoStar Group, Inc. 2026 Employee Stock Purchase Plan (the '2026 ESPP'). This plan, which authorizes the issuance of 2,500,000 shares of common stock, replaces the previous Second Amended and Restated Employee Stock Purchase Plan. The 2026 ESPP became effective immediately upon stockholder approval at the Annual Meeting. The approval reflects a strategic shift in employee compensation and benefits, aimed at enhancing employee engagement through expanded stock ownership. The plan's details reference material terms revealed in the company's Definitive Proxy Statement filed on April 30, 2026.
  • : SEC 8-K (5.02): On June 23, 2026, CoStar Group, Inc. approved the 2026 Employee Stock Purchase Plan (ESPP) during its Annual Meeting of Stockholders. This new plan, which replaces the 2021 ESPP, was approved based on the recommendation of the company's Board of Directors. The 2026 ESPP authorizes the issuance of 2,500,000 shares of common stock. With this approval, the 2021 ESPP will no longer issue any further shares, signaling a strategic shift in the company's employee stock purchase framework.
  • : CoStar Group Acquires Zonda for $800 Million
  • : SEC 8-K (1.01): On May 28, 2026, CoStar Group, Inc. entered into a Stock Purchase Agreement to acquire Zonda, a leading provider of new home construction data, for $800 million in cash. This acquisition is contingent upon customary conditions such as regulatory approvals and the accuracy of representations and warranties by both parties. Notably, the agreement has a deadline for consummation by May 28, 2027, and includes provisions for termination should regulatory issues arise. The strategic acquisition aims to enhance CoStar Group's offerings in the residential real estate sector.

Leadership

  • Jason Pellegrino, President, Domain
  • Robin Rossmann, Chief Financial Officer
  • Andy Florance, Founder
  • Cyndi Eakin, Chief Accounting Officer
  • Rich Simonelli, Head of Investor Relations
  • Christian M. Lown, Chief Financial Officer
  • Sandra Roumi, General Manager

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Costar Group in the news

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About Costar Group: questions and answers

What does Costar Group do?

Costar Group, Inc. is a leading provider of commercial real estate information, analytics, and online marketplaces. Its primary business activities include offering data solutions and insights that help real estate professionals make informed decisions. Key products and services encompass a suite of analytical tools, research offerings, and online platforms for property sales and leasing. The comp

Where is Costar Group headquartered?

Costar Group is headquartered in Arlington, Virginia, United States.

How many employees does Costar Group have?

Costar Group has about 8,500 employees.

Who leads Costar Group?

Jason Pellegrino is a President, Domain at Costar Group.

What is the latest news on Costar Group?

On Oct 27, 2026, CoStar Group to acquire Vexcel for $730 million

Is Costar Group a public company?

Yes. Costar Group is publicly traded under the ticker CSGP.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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