Tech Company M&A Transactions

ThinkNear Acquisition

Headquartered in Los Angeles, ThinkNear was acquired by TeleNav. The parties disclosed the acquisition price to be $22.5 million.

Transaction Overview

Company Name
Acquired By
Announced On
10/16/2012
Transaction Type
M&A
Amount
$22,500,000
M&A Terms
Total consideration is $22.5 million, consisting of approximately $18.5 million in cash, plus restricted stock and assumed options.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
Undisclosed
Los Angeles, CA 90001
USA
Email Address
Overview
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.
Profile
ThinkNear LinkedIn Company Profile
Social Media
ThinkNear Company Twitter Account
Company News
ThinkNear News
Facebook
ThinkNear on Facebook
YouTube
ThinkNear on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Eli Portnoy
  Eli Portnoy LinkedIn Profile  Eli Portnoy Twitter Account  Eli Portnoy News  Eli Portnoy on Facebook
Chief Operating Officer
David Tannenbaum
  David Tannenbaum LinkedIn Profile  David Tannenbaum Twitter Account  David Tannenbaum News  David Tannenbaum on Facebook
VP - Engineering
John Hinnegan
  John Hinnegan LinkedIn Profile  John Hinnegan Twitter Account  John Hinnegan News  John Hinnegan on Facebook


 

 

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We report on every notable VC transaction. 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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