Deal Snapshot
MARCHEX ACQUIRES TEXT TRACKING ANALYTICS PROVIDER TELMETRICS FOR AROUND USD 13M
Thursday 08 November 2018

Seattle, US-based call analytics provider Marchex, Inc. (NASDAQ: MCHX) has acquired Canada-based call and text tracking analytics provider Telmetrics for up to USD 13.1m in cash, the company said.
Total cash consideration of up to USD 13.1m, includes USD 10.1m paid at close and contingent payments of up to USD 3m, subject to achieving certain growth targets consisting of both revenue and OIBA components over two years. In addition, Marchex will issue restricted stock units up to USD 0.5m and options to certain employees of Telmetrics subject to vesting over three and four years, respectively.


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Details
Date Published: 08/11/2018
Target: Telmetrics
Country: Canada
Deal Size: 13.1m (USD)
Sector: Telecommunications
Type: Corporate acquisition
Financing: Cash
Status: Closed
Vendor:
Buyer: Marchex, Inc
Comment:


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