VP, Mergers & Acquisitions
Job Description
CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives. We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings for our customers. We ve continually refined, transformed, and perfected our approach to our business, creating platforms that have become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate. CoStar Group has a long and proven track record of successfully acquiring and integrating companies over the past 30 years. Approximately 25-30% of the company s $2.5 billion in revenue was initially generated through acquisitions that were integrated to produce double digit organic revenue growth post-integration. The company has acquired 40 companies worth an estimated $4billion in the past 30 years, and currently has over $5 billion in cash on the balance sheet earmarked for growth through acquisition. Primary focus areas include technology, property marketplaces, information and analytics and software in North America and Europe. Role Description: As the VP, M&A for CoStar Group will report directly to the CFO and is responsible for locating, analyzing, and developing new opportunities to drive growth for the company. The VP, M&A will be responsible for execution of end-to-end deal transactions including identification, due diligence to deal closing and post transaction close integration. The VP, M&A will ensure proper alignment across the company to drive integration efforts to maximize investments. Responsibilities: Drive and execute the strategic direction of merger and acquisition activities. Lead stages of the M&A process, including landscape analysis, pipeline development, strategic due diligence, transaction management and play an initial role in post-merger integration. Evaluate current actionable prospects and lead strategic due diligence and transaction management for active deals. Accelerate pipeline development efforts on an on-going basis to ensure a longer, more robust list of prospective targets. Drive formal quantitative and qualitative analytical decision support for ensuring the right value for deals and targets. Facilitate short and long-term M&A strategic plans to include sourcing activities, company alignment and overall achievement of goals. Assure proper and thorough benchmarking, research, analysis, and evaluation is completed in a timely manner. Help leadership identify and address development issues that affect integration and optimization of investment. Establish performance measures, monitor results, and evaluate the efficacy of the investments. Maintain accountability and ensure compliance with all regulations and laws, as well as the code of ethics during all growth activities. Keep abreast of business and market trends across the real estate space. Collaborate across the organization to ensure smooth execution and integration. Basic Qualifications: Bachelor s degree required, MBA strongly preferred Minimum of 10 years of experience in a Corporate Finance or M&A transactional role Minimum of 5 years of experience leading M&A deal transactions from inception to close Proven track record of driving successful transactions preferably in the Real Estate or Technology space Must demonstrate a track record of success and commitment to prior employers Strong interpersonal, decision-making and leadership skills Excellent verbal and written communication skills Strong analytical and quantitative experience Able to work cross collaboratively. International transaction experience strongly preferred.
CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing Founded in 1987, CoStar Group, Inc. (Nasdaq:CSGP) is the leading provider of commercial real estate information, analytics and online marketplaces. CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. CoStar data powers the $17 trillion world of real estate delivering the sale, lease, property, tenant, contact, reporting and industry information that makes connections happen. We help our clients make smart investments and decisions. Eighty-three percent of the nation s commercial real estate transactions involve a CoStar subscriber, and the top 95% of the leading 1,000 brokerage firms use CoStar to inform their decisions. We also help create lasting experiences through our family of marketplaces. In addition to CoStar, CoStar Group brands and marketplaces include LoopNet, Apartments.com, BizBuySell, and Lands of America collectively attracting more than 25 million monthly unique visitors. The Apartments.com Network is the nation s #1 most visited apartment listing network, with 45 million monthly visits, allowing renters to find their perfect homes. LAND.com connects landowners to their perfect properties, spots and open spaces. BizBuySell allows small business owners to bring their dreams to life. And LoopNet connects investors, sellers and brokers with clients who fall in love with their properties. Headquartered in Washington, DC, CoStar maintains offices throughout the U.S. and in Europe and Toronto, Canada with a staff of approximately 3,700 worldwide, including the industry's largest professional research organization. CoStar is committed to creating a diverse environment and is proud to be an equal opportunity workplace and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. CoStar is also committed to compliance with all fair employment practices regarding citizenship and immigration status. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to use or access www.costargroup.com/careers as a result of your disability. You can request reasonable accommodations by calling 1-855-###-#### or by sending an email to ...@costargroup.com.