Stone Point, Insight Agree to Buy Real Estate Firm CoreLogic

(Bloomberg) — Funds managed by Stone Point Capital and Insight Partners have agreed to buy the real estate data firm CoreLogic Inc. in a deal with an equity value of about $6 billion.

a room filled with furniture and a flat screen tv: A living room is displayed inside of a newly renovated home in West Philadelphia, Pennsylvania.

© Photographer: Charles Mostoller/Bloomberg
A living room is displayed inside of a newly renovated home in West Philadelphia, Pennsylvania.

Stone Point and Insight are acquiring the company at $80 a share, a 51{ac967ad544075fb2f6bcea1234f8d91da186cac15e616dc329e302b7c7326b8c} premium to CoreLogic’s unaffected share price on June 25, according to a statement Thursday.


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The auction had come down to a group led by Warburg Pincus and CoStar Group Inc., according to a person familiar with the matter, who asked to not be identified because it isn’t public.

The Warburg Pincus group had submitted a cash bid at $74 a share, one of the people said. Stone Point Capital was part of the original Warburg Pincus group and continued negotiations after Warburg Pincus left the group, the people said.

Earlier this week, CoStar had offered to bid 0.0933 per CoreLogic share, they added. This was worth $86 a share based on CoStar’s close on Wednesday, according to Bloomberg calculations.

CoStar’s bid didn’t include a stock collar, which would protect the deal value

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13 ways with tiles, slabs and stone for a contemporary look

These modern paving ideas are exactly what you need if you’re after a fresh new look for your plot. Not only does paving add colour and texture, it also helps to structure your space. Lay paving down and you have an instant seating area, pathway or relaxation spot near the pool. They are a perfect addition to our other modern garden ideas.

a living area with a building in the background: null

© Provided by gardening etc.

Abbas Youssefi, Director of Porcelain Superstore, says, ‘Outdoor tiles have so much to offer for anyone looking to create an outside living area. Not only do they look gorgeous, but unlike wooden decking they require minimum maintenance to look fantastic. What’s more, they are incredibly durable and hardwearing, as well as effortlessly stylish. They are the perfect foundation on which to build your outdoor living space.’

You can find all kinds of varieties when it comes to paving. For a contemporary look, try more minimal designs – think smooth surfaces in natural stones. You can also create an indoor-outdoor feel by using the same paving material throughout the house and into the garden. 

A bold pattern can do wonders if you’re looking for something a bit jazzier – choose geometric

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