Home Depot Acquires Online Web Firm Redbeacon
Press release from the issuing company
Sunday, January 22nd, 2012
The Home Depot, the world's largest home improvement retailer, today announced that it has acquired Redbeacon, an online home services platform connecting consumers with contractors for their home maintenance, repair and remodeling needs.
Redbeacon's leadership team will stay in place and will remain in San Mateo, CA.
Peter J. Solomon Company acted as financial advisor and Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor to The Home Depot. Financial details were not disclosed.
