{"id":791014,"date":"2024-11-26T16:56:09","date_gmt":"2024-11-26T21:56:09","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-completes-strategic-acquisition-of-repairpal\/"},"modified":"2024-11-26T16:56:09","modified_gmt":"2024-11-26T21:56:09","slug":"yelp-completes-strategic-acquisition-of-repairpal","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-completes-strategic-acquisition-of-repairpal\/","title":{"rendered":"Yelp Completes Strategic Acquisition of RepairPal"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Yelp Completes Strategic Acquisition of RepairPal<\/b><\/p>\n<p>SAN FRANCISCO&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nYelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments.<\/p>\n<p>\nEstablished in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the United States. Large, trusted companies including USAA, CarMax, and Endurance Vehicle Services send their members and customers to RepairPal Certified shops for high-quality repairs at a fair price.<\/p>\n<p>\nTD Securities acted as exclusive financial advisor and Fenwick &amp; West LLP acted as legal advisor to RepairPal on the transaction. Cooley LLP acted as legal advisor to Yelp.<\/p>\n<p><span class=\"bwuline\">About Yelp<\/span><\/p>\n<p>\nYelp Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fyelp.com&amp;esheet=54158705&amp;newsitemid=20241126440898&amp;lan=en-US&amp;anchor=yelp.com&amp;index=1&amp;md5=4ae296b17a54dc28a35d7c413546b018\">yelp.com<\/a>) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos to help inform their spending decisions. As a one-stop local platform, Yelp helps consumers easily discover, connect and transact with businesses across a broad range of categories by making it easy to request a quote for a service, book a table at a restaurant, and more. Yelp was founded in San Francisco in 2004.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241126440898r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241126440898\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241126440898\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations Contact:<br \/>\n<br \/>Kate Krieger<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@yelp.com\">ir@yelp.com<\/a><\/p>\n<p>\nPress Contact:<br \/>\n<br \/>Amber Albrecht<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@yelp.com\">press@yelp.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Apps\/Applications Technology Mobile\/Wireless Communications Restaurant\/Bar Food\/Beverage Internet Social Media Retail<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241126440898\/en\/1460543\/3\/Yelp_Logo_May_2022.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Yelp Completes Strategic Acquisition of RepairPal SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments. Established in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the United States. Large, trusted companies including USAA, CarMax, and Endurance Vehicle Services send their members and customers to RepairPal Certified shops for high-quality repairs at a fair price. TD Securities acted as exclusive financial advisor and Fenwick &amp; West LLP acted as legal advisor to RepairPal on the transaction. Cooley LLP acted as legal advisor to Yelp. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-completes-strategic-acquisition-of-repairpal\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Yelp Completes Strategic Acquisition of RepairPal&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791014","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yelp Completes Strategic Acquisition of RepairPal - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-completes-strategic-acquisition-of-repairpal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yelp Completes Strategic Acquisition of RepairPal - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Yelp Completes Strategic Acquisition of RepairPal SAN FRANCISCO&#8211;(BUSINESS WIRE)&#8211; Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments. Established in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the United States. Large, trusted companies including USAA, CarMax, and Endurance Vehicle Services send their members and customers to RepairPal Certified shops for high-quality repairs at a fair price. TD Securities acted as exclusive financial advisor and Fenwick &amp; West LLP acted as legal advisor to RepairPal on the transaction. Cooley LLP acted as legal advisor to Yelp. &hellip; Continue reading &quot;Yelp Completes Strategic Acquisition of RepairPal&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/yelp-completes-strategic-acquisition-of-repairpal\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-26T21:56:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241126440898r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Yelp Completes Strategic Acquisition of RepairPal\",\"datePublished\":\"2024-11-26T21:56:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/\"},\"wordCount\":264,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20241126440898r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yelp-completes-strategic-acquisition-of-repairpal\\\/\",\"name\":\"Yelp Completes Strategic Acquisition of RepairPal - 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