Integral Ad Science (IAS) has been acquired by Novacap, a North American private equity firm, in an all-cash transaction valued at approximately $1.9 billion.
The acquisition marks a significant milestone for IAS, transitioning it into a private company with expanded resources for global media measurement and optimization.
Under the terms of the agreement, IAS shareholders received $10.30 in cash for each share of common stock they owned, leading to the delisting of IAS from the Nasdaq Stock Market.
Acquisition Details
Novacap acquired IAS in an all-cash transaction valued at $1.9 billion, providing support for enhancing global media measurement and optimization services.
Shareholder Benefit
IAS shareholders received $10.30 per share of common stock in the acquisition, leading to the delisting of IAS from the Nasdaq Stock Market.
Strategic Vision
The acquisition aims to accelerate IAS's growth, focusing on innovation, global expansion, and delivering transformative value for advertisers and publishers.
- The acquisition solidifies IAS's position as a leader in media measurement and optimization, offering enhanced solutions to address the evolving needs of digital advertising.
- Novacap's strategic partnership is expected to fuel IAS's growth trajectory, enabling the company to pioneer trust and transparency in digital media quality at a global scale.
The acquisition by Novacap represents a new chapter for IAS, providing the company with the resources and strategic support to drive innovation and value creation in the digital media landscape.