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Announced

Completed

Advent completed the investment into Mantoe.

Financials

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Transaction Value-
Consideration TypeCash
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EV/EBITDA-
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One Off Charge-

Sources

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Software

Acquisition

Friendly

Australia

Private

Single Bidder

digital signage solution

Completed

Private Equity

Synopsis

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Advent Partners completed the significant investment in digital signage play Mandoe, teaming up with the company's founder Steve Baxter and his management team. Financial terms were not disclosed. Mandoe is an Australian founded software company that specialises in getting marketing programs on to digital signage and mobile devices. The company has a cloud-based platform that is used by some of the country's largest retailers and quick service restaurants.

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