Yelp Inc. announced today the completion of its previously disclosed acquisition of RepairPal, an auto services platform. The transaction was finalized for approximately $80 million in cash, subject to customary post-closing adjustments. This acquisition marks a significant expansion for Yelp within the automotive services sector.
RepairPal, founded in 2007, specializes in connecting consumers with certified and trustworthy mechanics throughout the United States. The platform has established relationships with major companies such as USAA, CarMax, and Endurance Vehicle Services, which direct their members and customers to RepairPal Certified shops.
This strategic move is expected to accelerate Yelp's growth in the high-potential Auto Services vertical, which is a core component of its broader Services category. The integration of RepairPal's specialized expertise and profitable business is anticipated to strengthen Yelp's position as a leading marketplace for local services.
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