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Announced

Completed

Digital Turbine completed the acquisition of a 95% stake in Fyber from Tennor Holding for $600m.

Financials

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Transaction Value£410m
Consideration TypeContingent Deferred Consideration, Cash, Ordinary Shares
Capital Owned-
Capital Bid For95%
EV/Sales2.5x
EV/EBITDA119.47x
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Majority

Single Bidder

Friendly

Germany

Acquisition

mobile advertising monetization

Public

Cross Border

Completed

Synopsis

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Digital Turbine, a mobile marketing platform, completed the acquisition of a 95% stake in Fyber, a mobile advertising monetization platform, from Tennor Holding, an investment holding company, for $600m. "Being part of Digital Turbine will provide us strategic advantages and synergies in the marketplace to build upon the much larger opportunity in front of us," Ziv Elul, Fyber CEO.

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