Yelp Completes Strategic Acquisition of RepairPal
Yelp Inc. (YELP)
Last yelp inc. earnings: 2/13 04:05 pm
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Source: Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments.Established in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the United States. Large, trusted companies including USAA, CarMax, and Endurance Vehicle Services send their members and customers to RepairPal Certified shops for high-quality repairs at a fair price.TD Securities acted as exclusive financial advisor and Fenwick & West LLP acted as legal advisor to RepairPal on the transaction. Cooley LLP acted as legal advisor to Yelp.About YelpYelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business infor
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