Mediahuis-backed Mather Economics completed the acquisition of Sophi from The Globe and Mail.

Mediahuis-backed Mather Economics, a global consulting firm that offers analytical tools and insights, completed the acquisition of Sophi, a platform that provides AI-powered automation, optimization, analytics, paywalls, and insights services for content publishers, from The Globe and Mail, a news media company. Financial terms were not disclosed. “The strategic acquisition of Sophi enables Mather to deliver a comprehensive range of services, including advising publishers on execution of their digital transformation strategies, and providing the tools and capabilities that are vital for those digital business models. This integration allows us to serve the needs of publishers, offering a complete suite of AI-powered solutions designed to optimize their operations and drive revenue growth. In addition to our existing offices in the United States and Europe/UK, we are thrilled to establish a strong presence in Canada. This acquisition amplifies our global footprint and signifies our commitment to expanded capabilities with best-in-class AI tools that complement our existing services,” Matt Lindsay, Mather President.