M&A Deal Summary

Zoomd Acquires Albert

On March 28, 2022, Zoomd acquired marketing company Albert

Acquisition Highlights
  • This is Zoomd’s 2nd transaction in the Marketing sector.
  • This is Zoomd’s 2nd transaction in the United States.
  • This is Zoomd’s 1st transaction in New York.

M&A Deal Summary

Date 2022-03-28
Target Albert
Sector Marketing
Buyer(s) Zoomd
Deal Type Add-on Acquisition

Target

Albert

New York, New York, United States
Albert is a U.S.-based artificial intelligence marketing platform for advertisers, driving fully autonomous digital campaigns for some of the world's leading brands. The company processes and analyzes audience and tactical data at scale, thereby autonomously allocating budgets and optimizing creative and evolving campaigns across paid search and social media. Albert's value proposition to its clients is to ease the complexities of scaling, primarily using the Google and Facebook platforms, by executing campaigns at a pace and scale that were generally not previously possible. By autonomously combing through mass amounts of data, converting this data into insights, and autonomously acting on these insights, across channels, devices, and formats, Albert eliminates the manual and time-consuming tasks that generally limit the effectiveness and results of modern digital advertising and marketing. Albert was formed in 2010 and is based in New York, New York.

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Buyer(S) 1

Buyer

Zoomd

Tel Aviv, Israel

Category Company
Sector Internet Software and Services
DESCRIPTION

Zoomd Ltd. is a provider of online In-Site Search services.


DEAL STATS #
Overall 3 of 3
Sector (Marketing) 2 of 2
Type (Add-on Acquisition) 3 of 3
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-09 Performance Revenues

Tel-Aviv, Israel

Performance Revenues is an international mobile marketing agency and Ad-Network. Performance Revenues is based in Tel-Aviv, Israel.

Buy $4M