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Announced

Completed

Montefiore and EDG-backed Adventure Conseil completed the merger with Cardata.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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software development

data performance

United States

Software

Acquisition

Cross Border

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Merger

Synopsis

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Montefiore and EDG-backed Adventure Conseil, a marketing services provider, completed the merger with Cardata, a provider of performance-based customer acquisition solutions for all business sectors. Financial terms were not disclosed. “I am delighted with this merger and our arrival within EDG, which materializes our ambition to become the European leader in Data and Performance Marketing, with two levels of synergies, the fruits of which we are already seeing. This operation, in a market context conducive to performance marketing, provides us with a unique support capacity in the service of identifying and converting new growth opportunities for brands and their agencies," Jérémy Lellouche, Cardata Managing Director.

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