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Announced

Verve Group to acquire Jun Group from Advantage Solutions for $185m.

Synopsis

Verve Group, a digital advertising company, agreed to acquire Jun Group, a digital advertising platform, from Advantage Solutions, a business solutions provider to consumer goods manufacturers and retailers, for $185m. “The sale of Jun Group largely completes our business portfolio transformation, which is sharpening Advantage’s focus squarely on providing best-in-class services to our retailer and CPG clients. Over the last year and a half, we’ve simplified our portfolio around our core capabilities, and we are building the foundation for growth," Dave Peacock, Advantage Solutions CEO.

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