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New Deal


Announced

Blackstone-backed Vungle to acquire JetFuel.

Financials

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

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United States

Majority

Domestic

Pending

Single Bidder

Friendly

Private

Acquisition

Private Equity

influencer marketing

Media Agencies

Synopsis

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Blackstone-backed Vungle, a mobile performance marketing platform, agreed to acquire JetFuel, an influencer marketing platform headquartered in San Francisco. Financial terms were not disclosed. "JetFuel brings strong technical expertise and commercial success in social media and influencer marketing, creating a unique and valuable extension to our performance marketing platform that will empower not only our current customers but the next generation of digital entrepreneurs," Jeremy Bondy, Vungle CEO.

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