Reply Acquires MerchantCircle for $60,000,000
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4ec10187-d3af-416a-958f-3496a5d2beef&Preview=1 - Date
5/26/2011 - Company Name
MerchantCircle - Mailing Address
201 Main Street Los Altos, CA 94022 - Company Description
MerchantCircle is the largest online network of local business owners in the nation, combining social networking aspects with a customizable web listing that allows merchants to attract new customers. More than 14 million MerchantCircle business listings across the country are easily accessed on major search engines. Currently, over 250,000 merchants on the MerchantCircle network upload pictures, blog, build coupons, ads, and newsletters, while connecting with other business owners. MerchantCircle also gives business owners the power to manage their online reputation by aggregating reviews and increasing visibility across the web. - Website
http://www.merchantcircle.com - Transaction Type
M&A - Transaction Amount
$60,000,000 - Transaction Round
- Proceeds Purposes
- M&A Terms
The acquisition will be paid for with a combination of cash and stock.
