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THE RERUN (Edition 06.)
Marketing Tech. + Marketing Services
Rerun Recap 📰
Croud finds a new home
Two Circles continues its buying spree
Riverside expands its Impact XM investment
Let’s rerun last week…
M&A.
Croud 😃, a global, full-service digital agency, has sold a majority stake to ECI Partners 🤝 in a deal exceeding $230M. Expect more acquisitions as a portion of the proceeds have been set aside to boost Croud’s M&A war chest.
Sold From: |
🏗️ A “buy-and-build” platform
BOLD! 💥, an ecommerce, shopper marketing and creative services firm, was acquired by Harvest Group 🌽, a national integrated commerce agency.
Sold From: |
Reach 🫱, a low-cost business text messaging platform, was acquired by Link Mobility 🔗, a leading global provider of mobile messaging and CPaaS solutions, including mobile marketing.
Backed By: | OSL: LINK |
EV / EBITDA | 6.3x |
🔥3rd acquisition (EZ4U, NRSGATEWAY)
Space & Time Media 🚀, a U.K. independent growth marketing agency, has sold a majority stake to Datawrks 📈, a global advertising technology firm focused on accelerating user and revenue growth through highly optimized digital advertising, for $6M.
Backed By: |
Matrex Exhibits ➕, a full-service exhibit, experiential and event agency, was acquired by Impact XM ❌, a leading experiential marketing agency.
Backed By: |
🔥 2nd acquisition (Enigma Creative Solutions)
🏗️ A “buy-and-build” platform
Influence Agency 📜, an communications agency with an expertise in “opinion communication” consulting , was acquired by Calmon Partners 🧑💼, a headhunting firm specializing in finance and specializing in fundraising and press relations support
Spring Media ⚽️, a sports agency specializing in media rights management, live production, and streaming, was acquired by Two Circles ⭕️, a data-driven sports marketing agency.
Backed By: | Bolt Ventures |
Sold From: |
🔥 3rd acquisition YTD (Let It Fly Media, KORE)
🏗️ A “buy-and-build” platform
Growth + Venture
Insider 🚪, a leading AI-native omnichannel experience and customer engagement platform, raised a $500M Series E led by General Atlantic 🌊.
Community. Community. Community.
It’s what we’re all about here at Clearpact. Did we miss any notable transactions you came across over the past week. If so, let us know!
In what we call our “forgotten, but not gone” segment, we’ll include any deals that have been crowdsourced from the Pact community and a shoutout for our watchful eyes.