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New Deal


Announced

iClick Interactive to acquire an 80% stake in Optimal Power from Creative Big.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For80%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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premium media licensing

Media Agencies

Acquisition

Private

Single Bidder

media licensing

Majority

Friendly

Virgin Islands (British)

Pending

Synopsis

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iClick Interactive, an independent online marketing and enterprise data solutions provider, agreed to acquire an 80% stake in Optimal Power, a provider of media licensing assets, from Creative Big. Financial terms were not disclosed. "This transaction represents an exciting step for our company. The success of such execution will not only give us the ability to enrich our offerings, but also a vital step toward our profitability improvement this year," Jian Tang, iClick's Chief Executive Officer and Co-Founder.

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