Pay Per Click Acquisition
Broadplace.com a provider of ‘Pay Per Click’ (PPC) marketing services has been acquired by Logicserve.com for an undisclosed consideration. LogicServe is a provider of PPC and Search Engine Optimisation (SEO) services and is planning to make acquisitions as a consolidator of the sector which is still relatively new and served by a large number of smaller players.
Rohit Chugh, Managing Director of LogicServe comments that the acquisition of Broadplace adds further capability and client bank and demonstrates our ability to undertake consolidation of the sector.
Hyde House acted for LogicServe in the capacity of identifying appropriate target companies and initiating discussions leading to acquisition.