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New Deal


Announced

IronSource to acquire Tapjoy for $400m.

Financials

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Transaction Value£291m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales4.9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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IT Services: Other

Friendly

Pending

Acquisition

mobile advertising

Cross Border

United States

Majority

Single Bidder

Private

mobile monetization

Synopsis

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IronSource, a software developer, agreed to acquire Tapjoy, a mobile advertising and app monetization company, for $400m. “Our platform-based approach to serving app developers means we’re able to plug in multiple strategic additions to our software platform to add more value for customers. This acquisition follows that strategy, ultimately allowing us to serve our customers in the most beneficial way possible, by growing our SDK footprint, improving our monetization capabilities, and positioning our platform as a deep and integral part of the in-app and in-game economy," Omer Kaplan, IronSource Co-Founder and CRO.

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