1. SEJ
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  3. SEO Acquiring soUno Online Yellow Pages Advertising Firm is beginning to make some rather interesting news lately which may help to push them into the local search spotlight (beyond their awesome domain name). announced today that they will be acquiring soUno Directional Media Solutions, LLC, which is a provider of online yellow pages advertising to small businesses. plans to acquire soUno for $2.25 million in cash plus $6.75 million in common stock. Additionally, certain soUno employees are eligible to earn up to $4.5 million in cash and common stock over the two-year period following the closing based upon the achievement of specific financial objectives.

More from the press release on the acquisition and about soUno:

soUno markets online yellow pages advertising to small businesses nationwide. soUno’s 13,000 local advertisers each pay an average of approximately $300 per year for inclusion in search results on soUno has local exchange carrier (LEC) billing capabilities in 50 states, giving advertisers the option of paying their online advertising fees with their phone bills. Based in Tulsa , Oklahoma , soUno has approximately 20 employees. powers with its LocalConnect search platform, which provides both algorithmic search results as well as a local ad serving platform that soUno utilizes for advertiser account management purposes.

Following the transaction:

* soUno will be incorporated into
* will provide soUno advertisers with premium placement on
* soUno will expand’s direct marketing efforts in order to continue growing the number of proprietary local advertisers
* New ad products will be co-developed, engineered by, and sold by soUno to small and medium sized businesses
* will develop new search engine marketing campaigns in order to complement soUno’s marketing efforts attracts approximately 150,000 unique monthly visitors. New and existing advertisers will be placed on, which attracts around 10 million unique monthly visitors, providing an improved value proposition for soUno’s advertisers. believes this will also improve the return on soUno’s marketing efforts. The acquisition of soUno provides a sizeable entry into the sub-$500/year advertiser market.

“We have been impressed with soUno’s growth during our partnership and feel we share a common vision in local search,” said Heath Clarke , CEO. “There are considerable synergies we intend to leverage – has great search traffic and leading technologies, and soUno has developed an efficient sales channel. We believe that working together enables us to grow our business even faster. We look forward to working closely with the soUno team on integrating our efforts to become the leader in local search.”

“We are excited to become part of the team,” said Lynn Mitchell, soUno CEO. “We believe this transaction provides us with the ability to build upon our respective strengths and capitalize on the enormous opportunity in the local search market. will allow us to deliver an even better product to existing soUno advertisers as well as to attract and retain new advertisers.”

The acquisition is subject to the completion of due diligence, negotiation and execution of a definitive agreement, approval by shareholders, as well as customary closing conditions. Closing is expected to take place in April 2007. Additional information related to this transaction will be disclosed with the execution of the definitive agreement.

Financial Highlights

According to soUno, unaudited 2006 financial results indicate that soUno achieved approximately $2.8 million in revenue and was cash flow positive. soUno is expected to be accretive to earnings in 2007.

Category SEO
SEJ STAFF Loren Baker Founder at Foundation Digital

Loren Baker is the Founder of SEJ, an Advisor at Alpha Brand Media and runs Foundation Digital, a digital marketing ... Acquiring soUno Online Yellow Pages Advertising Firm

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