SAN FRANCISCO–(BUSINESS WIRE)–Yelp Inc. (NYSE: YELP), the trusted platform that connects people to great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an automotive service platform, for approximately $80 million in cash, subject to customary post-closing adjustments .

Founded in 2007, RepairPal connects consumers with trusted certified mechanics across the United States. Big, trusted companies, including USAA, CarMax and Endurance Vehicle Services, refer their members and customers to RepairPal-certified shops for high-quality repairs at a fair price.

TD Securities acted as exclusive financial advisor and Fenwick & West LLP acted as legal advisor to RepairPal on the transaction. Cooley LLP acted as legal counsel to Yelp.

About Yelp

Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos to help inform their spending decisions. As a unique local platform, Yelp helps consumers easily discover, connect and transact with businesses across a wide range of categories, making it easy to request a quote for a service, book a restaurant and more. Yelp was founded in San Francisco in 2004.

Contacts

Investor Relations Contact:

Kate Krieger

[email protected]

Press contact:

Amber Albrecht

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