Searchlight Capital, a private equtiy company, completed the acquisition of MediaMath, a platform that empowers brands and agencies to take control of their marketing, for $150m. "This transaction is a part of the ongoing commitment by our investors to the Company and its employees, customers, and partners. The transaction and investment will strengthen our financial foundation and enable the company to deliver on the value proposition of a global independent omnichannel platform. The entire MediaMath team and I are excited to drive the next chapter in this company's rich history as a technology partner to marketers and agencies. We appreciate the support of our world-class customers and ecosystem partners, and look forward to continuing to be a leading, innovative partner in this industry," Neil Nguyen, MediaMath Chief Executive Officer.