Web.com Acquires Yodle for $344,000,000

  • Feed Type
  • Date
    2/11/2016
  • Company Name
    Yodle
  • Mailing Address
    50 W 23rd St New York, NY 10010 USA
  • Company Description
    As a leading provider of local online advertising services, Yodle helps you get found – offering the expertise and tools you need to reach these prospects, and convert them into customers.
  • Website
    http://www.yodle.com
  • Transaction Type
    M&A
  • Transaction Amount
    $344,000,000
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Web.com will acquire 100% of the outstanding shares of Yodle with $300 million paid at close and $20 million and $22 million paid at the first and second anniversary of the closing date, respectively.