Local Launch! is a privately held company and terms of the transaction were not disclosed. R.H. Donnelley does not expect this acquisition to affect the current guidance for full-year 2006 revenue, EBITDA, free cash flow or debt at year-end.
This is huge news for the search community because Local Launch was run by two WebmasterWorld mods. Justin known at WebmasterWorld as Chicago and Brad know at WebmasterWorld as eWhisper(blog here) sold the company to R.H. Donnelley.
It is kinda funny, because bakedjake, Jake Baillie, owner of TrueLocal and also a WebmasterWorld mod said in a joking manner, "Justin and Brad - want a job? :-D"
Everyone is happy for them, even AdWordsAdvisor popped into say congrats!
Justin (Chicago) and Brad (eWhisper) did pop in to thank the community.
Thanks guys. We appreciate it. We aren't going anywhere. This is our space. LocalLaunch is our company. And this is our community.
We'll see you in Vegas if not sooner.
Thank you for all the support. It's been a great day. A big thanks to the entire LocalLaunch family. Many hang out, read, and post here at WebmasterWorld.
See everyone in Vegas.
Huge congrats to them!
Forum discussion at WebmasterWorld.