Palo Alto, Calif. – October 24, 2012 – Cooley LLP announced today that it is advising Yelp Inc. in its approximately $50 million acquisition of Qype GmbH, Europe's largest local reviews site. Qype was acquired to accelerate Yelp's international expansion, bringing more than two million reviews and 15 million visitors per month across 13 countries. It is Yelp's first acquisition since going public on March 12, 2012.
The Cooley team was led by Mergers & Acquisitions partner Jennifer Fonner DiNucci and included associates Robin Bennett and Tali Sealman.
Cooley has also represented Yelp on numerous corporate matters with a team that includes partners Craig Jacoby, Kenn Guernsey, Jodie Bourdet and David Peinsipp.
Yelp announced the transaction here.
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