Mergers and Acquisitions

Telmetrics in its acquisition by Marchex for US$13.1 million in cash

Telmetrics Inc.
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Damian Rigolo

Partner, Employment and Labour, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

On November 5, 2018, Marchex, Inc., a leading provider of call analytics that drive, measure, and convert callers into customers, acquired Telmetrics Inc. (“Telmetrics”) for US$13.1 million in cash.

Telmetrics, based in Mississauga, Canada, specializes in providing call analytics to enterprise customers in a variety of vertical categories such as auto, local aggregators, digital agencies and online directories. In addition, the company’s Smart Number product enables enterprises to capture and analyze SMS/text interactions as part of its real-time media call analytics solutions. Telmetrics processed more than 100 million minutes of conversation between businesses and consumers so far this year.

Osler, Hoskin & Harcourt LLP represented Telmetrics with a team consisting of Chad Bayne, Manveer Bisla, Shannon Davidson, Sahil Chopra (Corporate) and Damian Rigolo (Employment & Labour).

Value
US$13.1 million
Date Closed
November 5, 2018
Lead Office
Toronto
Team
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Damian Rigolo

Partner, Employment and Labour, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto