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New Deal


Announced

Ascential to acquire Hangzhou Duozhun Data Technology for $16m.

Financials

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Transaction Value£11m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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China

digital services

Friendly

Acquisition

Single Bidder

Majority

Private

Cross Border

Software

Pending

Synopsis

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Ascential, the specialist information, data and analytics company, agreed to acquire Hangzhou Duozhun Data Technology, a digital services provider in China for $16m. The acquisition will allow Ascential to extend its offering in China, with the broadest available eCommerce analytics proposition for consumer product companies, while also providing the opportunity to cross-sell and enhance customer relationships with Ascential’s Yimian business.

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