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Yelp Completes Acquisition of RepairPal, Expanding Auto Services Platform

Nov 26, 2024over 1 year ago

Contract Type

partnership

Salt Lake CityBanking

Description

Yelp Inc. has completed its strategic acquisition of RepairPal, an auto services platform, for approximately $80 million in cash. This acquisition expands Yelp's auto services platform and enhances its ability to connect consumers with certified trustworthy mechanics throughout the United States.

Company Information

Company

Holladay Bank & Trust

Location

Salt Lake City, Utah, United States

About

Holladay Bank & Trust is a Utah-based financial institution that previously provided traditional banking services. The bank has maintained a clean balance sheet and is known for its strong performance in terms of return on assets. It has been integrated into Redemption Bank, marking a historic change in ownership. The bank aims to serve diverse customer backgrounds under new management.

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Strategic

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.