Investment Summary

SilverHaze Partners Exits Spongecell

On January 29, 2018, Flashtalking invested in business services company Spongecell from SilverHaze Partners

Investment Highlights
  • This is Flashtalking’s 1st transaction in the Business Services sector.
  • This is Flashtalking’s 2nd transaction in the United States.
  • This is Flashtalking’s 2nd transaction in New York.

Investment Summary

Date 2018-01-29
Target Spongecell
Sector Business Services
Investor(s) Flashtalking
Sellers(s) SilverHaze Partners
Deal Type Add-on Acquisition

Target

Spongecell

New York, New York, United States
Spongecell intelligently manages calendar and event information through their web-based product. Spongecell was founded in 2006 and is based in New York City.

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Investor(S) 1

Investor

Flashtalking

London, United Kingdom

Category Company
Founded 2001
Sector Marketing
DESCRIPTION

Flashtalking provides a software platform for intelligent ad serving – the creation and delivery of online advertising campaigns, including robust post-delivery analytics and reporting. Customers build, execute and track campaigns via an efficient self-service platform. The company offers products for desktop, tablet, and mobile devices across multiple ad formats, including video, rich media, and standard display. Flashtalking was founded in 2001 and is based in London, United Kingdom.


DEAL STATS #
Overall 3 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
State: New York M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-12 Encore Media Metrics

New York, New York, United States

Encore Media Metrics LLC is a provider of campaign measurement, attribution and reporting services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Protected Media

Petah Tikva, Israel

Protected Media is a provider in ad fraud prevention and detection, accredited by MRC for SIVT detection and filtration on OTT as well as Desktop, Mobile Web and Mobile Apps. ProtectedTV, Protected Media’s patent pending CTV solution, offers a unique three-way authentication and verification technology that guarantees the validity and quality of any given transaction across the CTV supply chain. Protected Media was founded in 2014 and is based in Petah Tikva, Israel.

Buy -

Seller(S) 1

SELLER

SilverHaze Partners

Washington, District of Columbia, United States

Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

SilverHaze Partners is a private investment firm that acts as both a fund of funds vehicle as well as a direct investor in companies. SilverHaze devotes 80% of capital to other buyout funds with the remainder reserved for opportunistic investments in technology related businesses. SilverHaze Partners was formed in 2000 and is based in McLean, Virginia.


DEAL STATS #
Overall 13 of 13
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 8 of 8
State: New York M&A 2 of 2
Country: United States M&A 13 of 13
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 EdgeCast

Los Angeles, California, United States

EdgeCast helps companies meet the ever-growing expectations of their customers. Edgecast's set of solutions across content delivery, cloud security, and video streaming, combined with a team of customer-oriented domain experts, streamlines operations and improves efficiencies, so businesses can redirect their energy into creating value for their customers not managing multiple vendors and workflows. EdgeCast was founded in 2006 and is based in Los Angeles, California.

Sell -