M&A Deal Summary

Spectrio Acquires Ping HD

On May 26, 2022, Spectrio acquired digital media company Ping HD

Acquisition Highlights
  • This is Spectrio’s 4th transaction in the Digital Media sector.
  • This is Spectrio’s 16th transaction in the United States.
  • This is Spectrio’s 1st transaction in Colorado.

M&A Deal Summary
Date 2022-05-26
Target Ping HD
Sector Digital Media
Buyer(s) Spectrio
Deal Type Add-on Acquisition

Target

Ping HD

Denver, Colorado, United States
Ping HD is a digital signage company specialized in creative content and digital menu boards, video walls, live video feeds, interactive kiosks, and other digital signage for sports and entertainment brands. Ping HD was founded in 2007 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Spectrio

Tampa, Florida, United States
Category Company
Founded 1986
Sector Marketing
DESCRIPTION

Spectrio is a provider of technology-enabled, customer engagement, and content management solutions, including digital signage, interactive kiosks, on-hold marketing, on-premise messaging & music, and Wi-Fi marketing. Spectrio's subscription-based model is underpinned by a large, proprietary content library including 10,000+ templates and 100,000+ pieces of customized, vertical-specific content delivered through a proprietary, cloud-based content management software platform that enables scalable, efficient deployment of brand-compliant content for its large, diverse, and location-based clients. Spectrio was founded in 1986 and is based in Tampa, Florida.

DEAL STATS #
Overall 18 of 18
Sector (Digital Media) 4 of 4
Type (Add-on Acquisition) 17 of 17
State (Colorado) 1 of 1
Country (United States) 16 of 16
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Sixteen:Nine

Burlington, Ontario, Canada

Sixteen:Nine is a digital signage blog and podcast company developed into the widely read and respected resource in the emerging digital signage industry, with an ever-growing archive of articles. With almost 8,200 posts and 250-plus podcasts, it’s both a history of the industry and a deeply informed and frank look at its current state and its future. Sixteen:Nine was founded in 2006 and is based in Burlington, Ontario.

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