13
May
Spektrum Capital Advisors, a U.S.-based mid-market investment bank, is pleased to announce its role as advisor to Mumbai-based Vertoz Limited, a publicly listed digital advertising and AI-led media execution company, in its acquisition of WebiMax LLC, a U.S.-based AI-driven marketing automation and performance advertising firm, through its wholly owned USA subsidiary, Vertoz Inc. The transaction, valued at an enterprise value of approximately USD 6.6 million, involves the acquisition of an initial 80% stake, with the balance to be acquired over the next three years based on performance milestones. Spektrum Capital Advisors advises Vertoz Limited on its acquisition of…
