Angie's List Expands Headquarters, Expects To Raise Workforce From 500 In 2011 To 2,800 In 2019

Angie's List ANGI announced today that as part of its continued investment in growth, it plans to expand its Indianapolis headquarters, creating hundreds of new jobs by 2019. The expansion, which is enabled in part by an attractive incentive plan from the City of Indianapolis and State of Indiana, is expected to begin in 2015 and extend through 2019, broadening Angie's List's footprint in the city's east side. "Today's announcement reflects our expectation for continued growth and expansion and highlights our commitment to the city of Indianapolis," said Bill Oesterle, Angie's List Chief Executive Officer. "We look forward to growing our thriving campus and continuing to attract talent to Indianapolis." Angie's List intends to continue its growth in its headquarters location, expanding from approximately 500 employees in 2011 to approximately 2,800 by the end of 2019. The Company plans to begin hiring in 2015 for positions including information technology, sales and member services. As part of the incentive plan, Angie's List has agreed to achieve certain business and financial targets including annual investment, number of employees and average wage levels. The company expects to invest more than $10 million in expansion-related capital expenditures in 2015, with cumulative investment expected to be approximately $40 million by the end of 2019.