Turnstyle Analytics Inc.

Turnstyle Analytics Inc. in its acquisition by Yelp Inc.

Client

Turnstyle Analytics Inc.

Value

US$20 million

Service

Mergers and Acquisitions

Date Closed

April 2017

Lead Office

Toronto


 

On April 3, 2017, Turnstyle Analytics Inc. and Yelp Inc. entered into a share purchase agreement pursuant to which Yelp acquired all of Turnstyle’s issued and outstanding securities for approximately US$20 million, paid in cash.

Turnstyle is a location-based marketing and analytics platform that provides Wi-Fi as a digital marketing tool to retain and reward customers.

Osler, Hoskin & Harcourt LLP represented Turnstyle with a team led by Chad Bayne and includes Michael Grantmyre, Simon Leith and Trevor Kirsh (Corporate) and Steven Dickie (Employment & Labour).


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Emerging and High Growth Companies

Michael Grantmyre

Michael Grantmyre

Associate, Emerging and High Growth Companies

Steven Dickie

Steven Dickie

Partner, Employment & Labour