Constant Contact Acquires SinglePlatform for $100,000,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=3eb0cf7e-9c3d-41b9-9330-d9e7d785caed&Preview=1 -
Date
6/13/2012 -
Company Name
SinglePlatform -
Mailing Address
Undisclosed New York, NY 10001 -
Company Description
SinglePlatform provides rich restaurant content to our Publisher Network, so that customers now have up-to-date menus, photos, and specials. -
Website
http://www.singleplatform.com -
Transaction Type
M&A -
Transaction Amount
$100,000,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
The acquisition price $65 million cash, plus a $5 million cash and equity earn out for employee retention, and another $30 million based on hitting revenue targets.
