Stone Point, Insight strike $6B deal for CoreLogic
February 5, 2021
Stone Point Capital and Insight Partners have agreed to acquire CoreLogic, an Irvine, Calif.-based provider of property info and analytics software, for $80 per share in cash, or roughly $6 billion. The deal marks a 51% premium to the company's closing price on June 25, 2020, the final day before sale rumors began. A previous report indicated CoreLogic rival CoStar made a bid to purchase the company for some $6.7 billion.