Locafy to Acquire Map Labs’ Assets, Significantly Expanding Revenue and U.S. Customer Base
Locafy (Nasdaq: LCFY, LCFYW) will acquire Map Labs' assets for up to $3.0M. The deal adds $2.0M in ARR and $900k in EBIT, expanding Locafy's U.S. customer base and cross-selling opportunities. The transaction is expected to close by December 31, 2026, and is funded through debt.
