TeleNav Acquires ThinkNear for $22,500,000
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ee0d960f-0bde-47ce-80b5-2f7de31ebcda&Preview=1 -
Date
10/16/2012 -
Company Name
ThinkNear -
Mailing Address
Undisclosed Los Angeles, CA 90001 -
Company Description
We started ThinkNear because we love local businesses and didn’t think there were any good marketing solutions out there that helped get customers at the right time, with the lowest cost, and with zero effort. -
Website
http://www.thinknear.com -
Transaction Type
M&A -
Transaction Amount
$22,500,000 -
Transaction Round
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Proceeds Purposes
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M&A Terms
Total consideration is $22.5 million, consisting of approximately $18.5 million in cash, plus restricted stock and assumed options.
