Stone Point, Insight Agree to Buy Real Estate Firm CoreLogic (3)

Feb. 4, 2021, 7:32 PM UTC

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.

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

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 ...

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