Vistaprint Agrees to Acquire Webs Inc. for $117.5 Million
• ContactMe.com—the first online, lightweight customer relationship management (CRM) tool created exclusively for micro businesses. ContactMe helps busy entrepreneurs consolidate and manage their contacts, track customer relationships, attract more leads, and save valuable time.
Subject to satisfaction of customary closing conditions, Vistaprint will acquire Webs for approximately $100.0 million in cash and $17.5 million in restricted shares subject to continued employment of the founding shareholders. In addition, Webs management and employees will join the Vistaprint team, and will continue to operate under the Webs brands. The transaction is expected to be completed within one month, and the consideration is subject to customary closing adjustments.
- Companies:
- Vistaprint