Tech Company M&A Transactions
WordStream Acquisition
On 5/10/2018, WordStream was bought by Gannett. Financial terms set the valuation at $150 million.
Transaction Overview
Company Name
Acquired By
Announced On
5/10/2018
Transaction Type
M&A
Amount
$150,000,000
M&A Terms
The purchase price is $130 million in cash, net of cash acquired, plus up to an aggregate $20 million earnout payable in 2019 and 2020 based on achieving certain revenue targets.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
177 Huntington Ave 16th Floor
Boston, MA 02115
USA
Boston, MA 02115
USA
Phone
Website
Email Address
Overview
The company is provider of search engine marketing and optimization solutions.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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