M&A Deal Summary

Veritone Acquires T3Media

On August 13, 2018, Veritone acquired internet software and services company T3Media from Shamrock Capital Advisors and Investcorp for 15M USD

Acquisition Highlights
  • This is Veritone’s 1st transaction in the Internet Software and Services sector.
  • This is Veritone’s 3rd largest (disclosed) transaction.
  • This is Veritone’s 2nd transaction in the United States.
  • This is Veritone’s 1st transaction in Colorado.

M&A Deal Summary
Date 2018-08-13
Target T3Media
Sector Internet Software and Services
Buyer(s) Veritone
Sellers(s) Shamrock Capital Advisors
Investcorp
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

T3Media

Denver, Colorado, United States
Wazee Digital is a provider of cloud-native video management and licensing services that enable rights holders to monetize and enrich their content. Wazee Digital delivers large scale archive management and “smart content” metadata tools as a cloud service, providing greater control with reduced cost and complexity. Wazee Digital was founded in 2003 and is based in Denver, Colorado.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Veritone

Irvine, California, United States
Category Company
Founded 2014
Sector Information Technology
Employees664
Revenue 128M USD (2023)
DESCRIPTION

Veritone is an artificial intelligence company that develops a unique platform, aiWARE, which unlocks the power of AI-based cognitive computing to transform and analyze unstructured public and private audio and video data for clients in a variety of markets, including media, politics, legal and government. Veritone was founded in 2014 and is headquartered in Irvine, California.

DEAL STATS #
Overall 2 of 6
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 4
State (Colorado) 1 of 1
Country (United States) 2 of 5
Year (2018) 1 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-20 Atigeo - Advanced Data Analytics Software & Intellectual Property

Bellevue, Washington, United States

Atigeo Corp. - Advanced Data Analytics Software & Intellectual Property (IP) is a data analytics software service provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Machine Box

San Rafael, California, United States

Machine Box, Inc. is a developer of state-of-the-art machine learning technologies that give organizations a suite of simple yet robust tools and models to create customized AI engines that can be deployed to enhance new or existing business solutions. Machine Box, Inc. was founded in 2017 and is based in San Rafael, California.

Buy $5M

Seller(S) 2

SELLER

Shamrock Capital Advisors

Los Angeles, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1978
PE ASSETS 3.5B USD
Size Large
Type Sector Focused
DESCRIPTION

Shamrock Capital Advisors is a private investment focused exclusively on the media, entertainment, marketing, and communications sectors. The Firm will consider both control and minority positions and looks to commit $30 to $300 million per transaction. Target transactions include growth equity, leveraged/management buyouts, and recapitalizations. Shamrock was originally formed in 1978 as the investment vehicle for Roy Disney. The Firm is based in Los Angeles, California.

DEAL STATS #
Overall 19 of 27
Sector (Internet Software and Services) 3 of 3
Type (Add-on Acquisition) 6 of 11
State (Colorado) 1 of 1
Country (United States) 18 of 25
Year (2018) 5 of 6
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-17 Giant Creative Strategy

San Francisco, California, United States

Giant Creative Strategy LLC is a full-service healthcare communications agency specializing in positioning and branding, and strategic and creative development for many pharmaceutical, biotech, consumer health, medical device, and diagnostics companies. Giant Creative Strategy LLC was founded in 2002 and is based in was founded in and is based in San Francisco, California.

Sell $97M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-10 Pixellot

Petach Tikva, Israel

Pixellot is an automated sports production solution that provides affordable alternatives to traditional video capture, production and distribution systems for professional and semi-professional sports events. Pixellot’s patented technology solution streamlines the production workflow by deploying an unmanned multi-camera system in a fixed location, with additional angles as required, to cover the entire field, offering a stitched panoramic image. Advanced algorithms enable automatic coverage of the flow of play and highlight generation. Pixellot was founded in 2013 and is based in Petach Tikva, Israel.

Buy -
SELLER

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.

DEAL STATS #
Overall 89 of 106
Sector (Internet Software and Services) 3 of 5
Type (Add-on Acquisition) 41 of 46
State (Colorado) 1 of 1
Country (United States) 55 of 62
Year (2018) 5 of 6
Size (of disclosed) 42 of 43
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-08-07 UTA

Beverly Hills, California, United States

UTA is a global talent and entertainment company. UTA represents many of the most acclaimed figures across film, television, news, music, sports, theater, fine art, literature, video games, podcasts and other social and digital content. UTA was founded in 1991 and is based in Beverly Hills, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-03 softgarden

Berlin, Germany

softgarden is a European Recruiting-as-a-Service provider with more than 400 corporate customers across a wide range of industries. softgarden offers an innovative recruitment technology platform to a diversified set of German midmarket and enterprise customers. softgarden was founded in 2003 and is based in Berlin, Germany.

Buy -
Mergr

Product

Company

Legal