CoStar Group agrees to buy Vexcel for about $730 million

• CoStar Group agreed to acquire aerial imagery provider Vexcel for approximately $730 million in cash.
• The acquisition will support AI-derived property data across roughly half a billion properties captured by Vexcel.
• Closing is expected in the first quarter of 2027, with funding from cash on hand and an existing revolving credit facility.
• The deal is expected to increase adjusted earnings per share in the first full year of ownership.
• Vexcel generated more than $140 million in revenue over the last 12 months, up more than 30% from the preceding period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CoStar Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202610271605BIZWIRE_USPR_____20261027_BW636043) on October 27, 2026, and is solely responsible for the information contained therein.