TBC Holdings has acquired LocalVox, a marketing automation service, for an undisclosed amount.

LocalVox, headquartered in New York, provides marketing software that aims to help local businesses market on websites, and through local publishers, deal sites, social media, directories, mobile applications and email. The company's software measures and monitors marketing performance and tracks marketing activity to point-of-sale transactions. The company has raised about $10.3 million in debt and venture capital from parties that include Blackstone Group's (Nasdaq: GX) GSO Capital Partners, an asset management group.

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