Zillow Group to sell Market Leader for $23M

Takeaways:

Zillow Group plans to sell Market Leader to the Perseus Division of Constellation Software Inc., a global provider of software and services, for $23 million in cash.
The firms expect the deal to close early in the fourth quarter.
Zillow Group had been shopping around the real estate customer relationship management and marketing company for months.

Zillow Group is selling Market Leader to the Perseus Division of Constellation Software Inc., a Toronto-based software and services firm, for $23 million in cash. The firms expect the deal to close early in the fourth quarter.

Though publicly coy about its plans around Market Leader for months, the company has been trying to sell the asset for six months, Inman previously reported. Zillow absorbed the real estate …