Announced
Completed
Synopsis
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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