Mergers & Acquisitions ·
Marchex, Inc. closed the acquisition of 100% of Archenia, Inc., a performance-based marketing technology company, on…
MCHXMarchex Inc
Marchex, Inc. closed the acquisition of 100% of Archenia, Inc., a performance-based marketing technology company, on July 1, 2026. Consideration for the transaction was $10 million in convertible promissory notes bearing 6% interest, convertible into Class B common stock at $1.80 per share, plus potential additional equity issuance of up to 4 million Class B shares over two 12-month periods based on performance targets. Stockholders approved the acquisition via a special meeting held on July 1, 2026. Marchex, Inc. operates in the marketing technology industry, providing customer qualification and acquisition services.