TeleNav Acquires ThinkNear for $22,500,000

  • Feed Type
  • 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
  • Proceeds Purposes
  • M&A Terms
    Total consideration is $22.5 million, consisting of approximately $18.5 million in cash, plus restricted stock and assumed options.

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