Yelp acquires Hatchify for ~$270M in cash; closed Feb 2, 2026

YELP INC

Merger consideration: ~$270M cash for all outstanding Hatch stock and options, subject to adjustments.
Additional $30M in retention packages for Hatch employees, paid over 2-3 years.
Transaction funded in part via Yelp's revolving credit facility (JPMorgan/Wells Fargo).
Merger closed on February 2, 2026; Hatch becomes wholly owned subsidiary.

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