American buy for Yell

Yell has agreed to acquire Znode, a privately-owned, fast-growing pioneer and industry leader in multi-store ecommerce. 
Round-up of today's M&A deals


Yell has agreed to acquire Znode, a privately-owned, fast-growing pioneer and industry leader in multi-store ecommerce. 
Round-up of today’s M&A deals

Yell has agreed to acquire Znode, a privately-owned, fast-growing pioneer and industry leader in multi-store ecommerce. 

Accroding to a statement Znode’s technology will be used as Yell’s ecommerce platform, as part of Yell’s new strategy to connect small businesses with consumers on a local level.  Znode will be incorporated into Yell Group as part of its new consumer division, Yell Connect.

Mike Pocock, chief executive officer of Yell Group says: ‘The Znode team and their innovative technology provide Yell with a platform for our digital business and enable us to provide ecommerce solutions to small businesses, connecting them more efficiently with their local consumers. 

Their talented workforce and technological capabilities are a great addition to Yell as we move forward into new digital marketplace opportunities.’

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Round-up of today’s M&A deals

  • SumTotal Systems acquires workforce management and expences software business CyberShift and Accero

Value: undisclosed

Advisors: undisclosed

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  • Dish Network buys TerreStar Networks to save it from bankruptcy

Value: £860 million

Advisors: undisclosed

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Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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