CoStar Group to Acquire Vexcel, Adding the World's Largest Survey Grade High-Resolution Aerial Imagery Program to Power Richer Search and Discovery Across CoStar with Tens of Billions of New AI-Derived Data Fields

CoStar Group has agreed to acquire Vexcel Group for approximately $730 million in cash. Vexcel runs a large survey-grade aerial imagery program, capturing over 60 million images a year across more than 45 countries and 320 major global metros.

Published: 2026-10-27T20:05:00+00:00

Updated: 2026-10-28T00:43:26.804+00:00

What happened

CoStar Group said it will buy Vexcel for about $730 million in cash. Vexcel will keep its name and its data program. Its current leaders, including Erik Jorgensen, will stay. The deal is expected to close in the first quarter of 2027, subject to approvals.

Global impact / market context

For everyday investors, this shows CoStar is paying a large cash sum to add aerial imagery and data to its business. CoStar says the deal should add to a measure of profit in the first full year after closing. The deal still needs approvals, so it is not final yet.

What to watch

Check whether the needed approvals come through, because the deal is expected to close only if they do.
Check the expected closing in the first quarter of 2027, because any delay would push back when the deal takes effect.
Check whether Vexcel's leadership and data program stay in place as stated, because that is central to what CoStar says it is buying.

Affected assets

CoStar Group, Inc.
Vexcel Group, Inc.

Evidence

Infoway News — CoStar: Erik Jorgensen and Vexcel Leadership Team Will Continue to Lead the Business >CSGP 2026-10-27T20:09:00+00:00
Infoway News — CoStar: Vexcel Will Continue to Operate Its Data Program Under the Vexcel Brand >CSGP 2026-10-27T20:09:00+00:00
Infoway News — CoStar Group: Vexcel Generated Rev of More Than $140 M in Last 12 Mos >CSGP 2026-10-27T20:08:00+00:00
Infoway News — CoStar Group to Acquire Vexcel for About $730M in Cash >CSGP 2026-10-27T20:07:00+00:00
Infoway News — CoStar Group, Inc. (CSGP) To Acquire Vexcel For ~$730M Cash 2026-10-27T20:05:00+00:00
Infoway News — CoStar Group To Acquire Vexcel, Adding The World's Largest Survey Grade High-Resolution Aerial Imagery Program To Power Richer Search And Discovery Across CoStar With Tens Of Billions Of New AI-Derived Data Fields >CSGP 2026-10-27T20:05:00+00:00
Infoway News — CoStar Group to Acquire Vexcel, Adding the World's Largest Survey Grade High-Resolution Aerial Imagery Program to Power Richer Search and Discovery Across CoStar with Tens of Billions of New AI-Derived Data Fields 2026-10-27T20:05:00+00:00
Incident timeline — CoStar: Erik Jorgensen and Vexcel Leadership Team Will Continue to Lead the Business >CSGP
Incident timeline — CoStar: Vexcel Will Continue to Operate Its Data Program Under the Vexcel Brand >CSGP
Incident timeline — CoStar Group: Vexcel Generated Rev of More Than $140 M in Last 12 Mos >CSGP
Incident timeline — CoStar Group to Acquire Vexcel for About $730M in Cash >CSGP
Incident timeline — CoStar Group, Inc. (CSGP) To Acquire Vexcel For ~$730M Cash
Incident timeline — CoStar Group To Acquire Vexcel, Adding The World's Largest Survey Grade High-Resolution Aerial Imagery Program To Power Richer Search And Discovery Across CoStar With Tens Of Billions Of New AI-Derived Data Fields >CSGP
Incident timeline — CoStar Group to Acquire Vexcel, Adding the World's Largest Survey Grade High-Resolution Aerial Imagery Program to Power Richer Search and Discovery Across CoStar with Tens of Billions of New AI-Derived Data Fields