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Announced

Completed

Platinum Equity-backed Cision completed the acquisition of Streem.

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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Friendly

Majority

Australia

Acquisition

Cross Border

media monitoring

Single Bidder

Media Agencies

Private

Private Equity

Completed

Synopsis

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Platinum Equity-backed Cision, a communications intelligence company, completed the acquisition of Streem, a realtime media monitoring company. Financial terms were not disclosed. "Streem has grown faster than we ever could have imagined thanks to great tech, strong support from customers and an incredible local team. Backed by Cision, we'll continue to build upon that growth, delivering new tools and products to help communications teams work smarter," Elgar Welch, Streem CEO.

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