---
title: "Locafy enters deal to buy Map Labs assets for up to US$3 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301032014.md"
description: "Locafy Ltd. has entered a definitive agreement to acquire Map Labs' assets and customer base for up to USD 3 million. The deal includes a USD 2 million upfront payment, funded via debt, with an additional USD 1 million contingent on achieving specific revenue targets in 2027 and 2028. Expected to close by December 31, 2026, the acquisition aims to expand Locafy's U.S. multi-location customer base and integrate automation capabilities."
datetime: "2026-10-06T12:04:59.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301032014.md)
  - [en](https://longbridge.com/en/news/301032014.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301032014.md)
generator: "portal-rs"
---

# Locafy enters deal to buy Map Labs assets for up to US$3 million

-   Locafy entered a definitive agreement to acquire Map Labs assets and customer base for up to USD 3 million cash. \* Deal set to close on or before Dec. 31, 2026; consideration includes USD 2 million upfront, funded mainly through a debt facility. \* Additional USD 1 million contingent on revenue targets: USD 500,000 if 2027 revenue exceeds USD 3.84 million, USD 500,000 if 2028 exceeds USD 4.76 million. \* Map Labs expected to contribute about USD 2 million ARR and about USD 900,000 EBIT in calendar 2026. \* Transaction expands U.S. multi-location customer base; integration to focus on automation and cross-selling SEO and AEO products. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Locafy Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610060800PRIMZONEFULLFEED9839737) on October 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**