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New Deal


Announced

Completed

Blackstone Group completed the acquisition of Vungle for $750m.

Financials

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Transaction Value£602m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

United States

Private

Acquisition

performance marketing platform

Private Equity

Digital Services

Single Bidder

Completed

Domestic

Majority

Synopsis

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Blackstone Group, an American alternative investment management company, completed the acquisition of Vungle, a performance marketing platform company. Financial terms were not disclosed. “We are delighted to join the Blackstone portfolio of companies and kick off the next chapter of Vungle’s story. With Blackstone’s resources and expertise, we will build upon our proven track record as a trusted guide for mobile growth and engagement for the world’s largest brands,” Rick Tallman, Vungle CEO.

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