---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-103937"
form_type: "8-K"
ticker: "CSGP"
cik: "0001057352"
company_name: "COSTAR GROUP, INC."
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T13:26:08.266369+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CoStar Group to acquire Matterport for ~$1.6B in cash/stock deal

## Summary
- Value of $5.50/share ($2.75 cash + $2.75 stock) for Matterport; enterprise value ~$1.6B.
- Matterport's 2023 revenue $158M, up 16% YoY; over 12M spaces captured in 177 countries.
- CoStar intends to integrate Matterport 3D digital twins across all its marketplaces including Homes.com.
- Transaction unanimously approved by Matterport Board; holders of ~15% of shares support it.
- Expected to close in 2024, subject to Matterport stockholder approval and regulatory clearances.

## SEC filing metadata
- accession: 0001193125-24-103937
- form_type: 8-K
- ticker: CSGP
- cik: 0001057352
- company_name: COSTAR GROUP, INC.
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1057352/000119312524103937/0001193125-24-103937-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1057352/000119312524103937/d828310d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-103937
- JSON: https://secwatch.observer/filing/0001193125-24-103937.json
- Plain text: https://secwatch.observer/filing/0001193125-24-103937.txt

## Key facts
- Material Agreements
  COSTAR GROUP, INC. entered into Agreement and Plan of Merger and Reorganization with Matterport, Inc. (effective 2024-04-21).
  - Action: entry
  - Agreement: merger
  - Counterparty: Matterport, Inc.
  - Effective: 2024-04-21
  source text: On April 21, 2024, CoStar Group, Inc., a Delaware corporation (“CoStar”), entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with Matterport, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1057352/000119312524103937/0001193125-24-103937-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.