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Synopsis
HIG Capital-backed Hibu, a provider of technology-enabled digital marketing solutions to small- and medium-sized businesses, completed the acquisition of RevLocal, a digital marketing company. Financial terms were not disclosed. "We are thrilled to welcome the talented team and loyal customers of RevLocal to Hibu. Digital marketing is rapidly changing and becoming increasingly complex, which creates real challenges for SMBs. The combination of these two great companies will further expand our reach to local businesses who will benefit from working with a single provider that integrates and optimizes all their core digital marketing services on one platform," Kevin Jasper, Hibu Chief Executive Officer.
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