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New Deal


Announced

PLYmedia Israel to buy Webpals Mobile from XLMedia.

Financials

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

Tags

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Digital Services

mobile app

Pending

Israel

marketing

Acquisition

Private

Natural

Single Bidder

Synopsis

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PLYmedia Israel, ad-tech and online marketing company, to buy Webpals Mobile, mobile apps marketing company, from XLMedia. Financial terms were not disclosed. "The sale of Mobile marks an important step for our business as we focus our attention on our core publishing activities. We remain committed to growing our Gambling & Personal Finance publishing networks while continuing with complementary media activities, which we believe ideally places the Group to deliver sustainable and high margin growth." Ory Weihs, Chief Executive Officer of XLMedia.

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