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Announced

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Valor Equity-backed Augeo completed the acquisition of Brand Networks.

Synopsis

Valor Equity-backed Augeo, a provider of enterprise engagement platform technologies, completed the acquisition of Brand Networks, a social media marketing pioneer. Financial terms were not disclosed. "We are eager to cultivate Brand Network's innovative paid social solutions that optimize cross-platform advertising budgets with data-driven strategies. Moreover, there is not a more authentic and inspired strategy to advance brand experiences than through the passion and advocacy of that brand's employees, customers and partners. We recognize the power of synthesizing brand advocates across social media to deepen the connection to stakeholders and local communities," David Kristal, Augeo Founder and CEO.

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