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Announced

Completed

Cohere Capital completed the investment in iPromote.

Financials

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

Tags

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Online and Social Platforms

Single Bidder

Digital Services

Private Equity

Minority

United States

Completed

Private

Domestic

digital advertising

Acquisition

Friendly

Synopsis

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Cohere Capital, a growth buyout investment firm, completed the investment in iPromote, an operator of digital advertising technology and services platform. Financial terms were not disclosed. “The iPromote team has built an impressive and unique technology platform, which is evident in their history of growth within the local SMB market," Nik Shah, Cohere Capital Managing Partner and Co-Founder.

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