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 represented Turnstyle with a team led by Chad Bayne and includes Michael Grantmyre, Simon Leith and Trevor Kirsh.


Team
Chad Bayne
Key Contact

Chad Bayne

Partner, Corporate

Michael Grantmyre

Michael Grantmyre

Associate, Corporate

Simon Leith

Simon Leith

Associate, Corporate

Trevor Kirsh

Trevor Kirsh

Associate, Corporate