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Announced

Completed

Trive Capital completed the acquisition of a minority stake in Terraboost Media for $130m.

Financials

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Transaction Value£98m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Completed

United States

Acquisition

Domestic

Media Agencies

Single Bidder

Private Equity

Friendly

advertising

Minority

Synopsis

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Trive Capital, a private equity firm, completed the acquisition of a minority stake in Terraboost Media, a company in the out-of-home media industry operating a nationwide advertising network of rich-format wellness displays, for $130m. "We are thrilled to partner with Trive as we embark on our next stage of rapid growth. Our success has been the result of our dedication to delivering the best wellness solutions to our venue partners and maximizing brand exposure and return on investment for our advertisers. The relationship with Trive will enable us to deliver more value, faster as we continue to execute on our vision of providing advertising that gives back to the world," Brett Morrison, Terraboost President.

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