Locafy enters deal to buy Map Labs assets for up to US$3 million
LCFY•Locafy agreed to acquire Map Labs’ assets and customer base for up to US$3 million in cash, including US$2 million upfront and up to US$1 million tied to revenue targets. The deal is expected to close on or before Dec. 31, 2026.
1. Deal terms
Locafy entered a definitive agreement to acquire Map Labs’ assets and customer base for up to US$3 million in cash. The US$2 million upfront payment is expected to be funded mainly through a debt facility. An additional US$500,000 is contingent on 2027 revenue exceeding US$3.84 million, and another US$500,000 on 2028 revenue exceeding US$4.76 million.
2. Expected contribution
Map Labs is expected to contribute about US$2 million in calendar 2026 ARR and about US$900,000 in EBIT. Locafy said integration will focus on automation and cross-selling its SEO and AEO products, while expanding its U.S. multi-location customer base.
