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Announced

Completed

Clubhouse Media Group completed the acquisition of Magiclytics.

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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Majority

Domestic

Software

Friendly

Private

Single Bidder

Acquisition

United States

software development

Completed

Synopsis

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Clubhouse Media Group, an influencer-based marketing and media firm, completed the acquisition of Magiclytics, a revenue prediction software platform. Financial terms were not disclosed. "Integrating our platform and team into the flourishing influencer model at Clubhouse Media creates enormous complementarity, and we are thrilled to come on board. Our AI engine has processed billions of social, demographic and financial data points in order to optimize virtually any influencer campaign. Simply put, we give brands meaningful insight into the ROI they can expect from an influencer before they part with a single penny," Wilfred Man, Magiclytics Founder and CEO.

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