CoStar Group acquired Business Immo (BIH) for EUR 5.8 million ($6.3 million), net of cash acquired and the assumption of outstanding debt, structured as Acquired Business Immo (BIH) (cash, net of debt assumed).
Business Immo (BIH) operates in International. In April 2022, CoStar acquired Business Immo, a leading commercial real estate news service provider in France.
Added a leading French commercial real estate news service to CoStar's international operations.
Advisory firms were not disclosed for this transaction.