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 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.
About Cooley LLP
Cooley's 650 attorneys have an entrepreneurial spirit and deep, substantive experience, and are committed to solving clients' most challenging legal matters. From small companies with big ideas to international enterprises with diverse legal needs, Cooley has the breadth of legal resources to enable companies of all sizes to seize opportunities in today's global marketplace. The firm represents clients across a broad array of dynamic industry sectors, including technology, life sciences, venture capital, clean energy, real estate and retail.
The firm has full-service offices in eleven major business and technology centers: Boston, MA; Broomfield, CO; Los Angeles, CA; New York, NY; Palo Alto, CA; Reston, VA; San Diego, CA; San Francisco, CA; Seattle, WA; Washington, DC; and Shanghai, China.