DMS · Categories · M&A
DMS - Mergers and acquisitions
Digital Media Solutions Inc. (DMS) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for DMS
- DMS and Seekr Announce New Strategic PartnershipSeekr will leverage the power of the DMS toolset to maximize advertising results and scale its global user reach Seekr, an internet technology and content evaluation company, and Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of digital performance advertising solutions, today announced a multi-year agreement to support Seekr's media strategy, revenue and advertising operations across its global search advertising platform and vertical content sponsorships. The alliance will accelerate the build-out and monetization of new Seekr verticals in concert with expanding its global audience and reach. This press release features multimedia. View the full release here: https://www.bu
- DMS Announces CFO TransitionCompany Names Financial Leader Richard Rodick As Chief Financial Officer Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of data-driven, technology-enabled digital performance advertising solutions, announced today that Richard Rodick, CPA, will join the Company and assume the role of CFO on July 1, 2022. To ensure continuity, current CFO Vasundara Srenivas will remain in her role until July 1, at which time she will step down to pursue new career goals. DMS CEO Joe Marinucci said, "DMS has a deep bench of talent driving our success, and I'm extremely pleased to have Richard join DMS as we focus on our next phase of growth. Richard's track record of success as a public compan
- DMS Names Insurance Industry Leader Billy Hubbard SVP of Strategic AccountsDemonstrating Company's Commitment To Growth And Excellence In The Insurance Vertical Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of data-driven, technology-enabled digital performance advertising solutions, announced that insurance marketing leader Billy Hubbard has been named Senior Vice President of Strategic Accounts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220606005335/en/Billy Hubbard joins DMS as SVP of Strategic Accounts. (Photo: Business Wire) With a track record renowned for delivering profitable, scalable growth and improved business operations, Hubbard is highly regarded as a gifted and experi
- DMS Announces the Acquisition of Traverse Data, Inc. & Enhancements to Its Data Program & Technology StackDMS Data & Technology Are Synchronized To Create Personalized Advertising At Scale Across Digital Media Channels Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of data-driven, technology-enabled digital performance advertising solutions connecting consumers and advertisers, announced the acquisition of Traverse Data, Inc. Traverse Data leverages the power of data and technology to generate new customers for advertisers and incremental revenue for publishers, via a commercialized audience activation, re-engagement and retargeting platform. Traverse Data helps advertisers identify new audiences that look like their best customers and match emails to website shoppers for re-eng
- DMS Launches Protect Health Insurance AgencyProtect Health Insurance Agency Opens Up New Market Segments For DMS In Health Insurance & Creates Streamlined Process For Consumers Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, announced the launch of Protect Health Insurance Agency as an approved agency to sell health insurance policies. "Protect Health Insurance Agency opens up a completely new segment of the market for DMS," said DMS CEO Joe Marinucci. "This milestone gives DMS access to the $130 billion Medicare insurance market that we previously did not have access to." Protect Health Insurance Agency was a key str
- Digital Media Solutions Announces New $275 Million Senior Secured Credit FacilityDigital Media Solutions, Inc. (NYSE:DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today announced that its operating subsidiary, Digital Media Solutions, LLC, has entered into a new $275 million five-year senior secured credit facility, which consists of term loans in an aggregate principal amount of $225 million and a $50 million revolving credit facility. Proceeds from the term loans were used to repay and terminate the previous $220 million senior secured credit facility, which consisted of term loans in an aggregate principal amount of $205 million and a $15 million revolving credit facility. At closing, t
- Digital Media Solutions, Inc. Announces Preliminary Q1 2021 Financial Results And Q2 GuidanceGenerated revenue of $96.8 million and adjusted revenue of $99.5 million, up 33.1% and 33.5% year over year, respectively. Preliminary net loss of $0.6 million, compared to net income of $0.8 million in the first quarter of 2020. Adjusted EBITDA was $14.1 million, up 5.4% year over year. Reiterated FY 2021 guidance of adjusted revenue of $455-465 million and adjusted EBITDA of $72-75 million. Announced second quarter 2021 guidance of adjusted revenue of $102-107 million and adjusted EBITDA of $15.2-15.7 million. Digital Media Solutions, Inc. (NYSE:DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers, today a
- DMS Completes Asset Purchase from Crisp Results; Announces Preliminary, Unaudited First-Quarter Results; Updates Full-Year GuidanceCLEARWATER, Fla.--(BUSINESS WIRE)--Digital Media Solutions, Inc. (NYSE: DMS) announced that it has completed an asset purchase from Crisp Marketing, LLC (dba Crisp Results). DMS and Crisp Results are both providers of technology-enabled, data-driven digital performance advertising solutions. The Crisp Results business has a primary focus on insurance with a deep concentration in the fast-growing Medicare insurance category. “Through this acquisition, we believe we are better able to control the full-funnel engagement of consumers in the market for insurance-related products. The Crisp Results assets will expand both advertiser demand and media distribution for DMS,” stated Joe Mari
- Digital Media Solutions, Inc. Announces Record Fourth Quarter and Full Year 2020 Financial ResultsCLEARWATER, Fla.--(BUSINESS WIRE)--Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology and digital performance advertising solutions leveraging innovative, performance-driven brand-direct and marketplace solutions to connect consumers and advertisers, today announced record financial results for the fourth quarter and full year that ended December 31, 2020. “2020 was a key year of growth for us,” said Joe Marinucci, co-founder and Chief Executive Officer of DMS. “As we look at the four quarters of 2020, we demonstrated the ability to continue to grow in each of the first three quarters, with that growth accelerating in the fourth quarter. We were able to exe
- DMS Acquires Aimtell/PushPros To Enhance Its Industry-Leading Digital Media Distribution CapabilitiesCLEARWATER, Fla.--(BUSINESS WIRE)--Digital Media Solutions, Inc. (NYSE: DMS), a leading provider of technology-enabled digital performance advertising solutions connecting consumers and advertisers within auto, home, health and life insurance plus a long list of top consumer verticals, announces the addition of mobile and web push notification technology and solutions with the acquisition of Aimtell/PushPros. The addition of the Aimtell/PushPros technology and AI infrastructure within the DMS proprietary advertising technology stack enhances the ability of both companies to connect consumers and advertisers with relevant ads delivered to the right people at the right times. Trust