Venture Capital / M&A

Publicis Groupe to Acquire Epsilon

Publicis Groupe to Acquire Epsilon

PARIS, April 14 2019Publicis Groupe (Euronext Paris: FR0000130577, CAC 40) today announced it has entered into an agreement with Alliance Data Systems Corporation (NYSE: ADS) under which Publicis Groupe will acquire Alliance Data’s Epsilon business for a net purchase price of $3.95 billion after tax step-up (total cash consideration of $4.40bn) and build a strategic partnership with Alliance Data remaining business.

Centerbridge Partners to Acquire IBM’s Marketing Platform and Commerce Software Offerings to Form Standalone Marketing and Advertising Technology Company

Centerbridge Partners to Acquire IBM’s Marketing Platform and Commerce Software Offerings to Form Standalone Marketing and Advertising Technology Company

NEW YORK and ARMONK, N.Y., April 4, 2019Centerbridge Partners, L.P. ("Centerbridge") and IBM (NYSE: IBM) today announced a definitive agreement under which funds advised by affiliates of Centerbridge will acquire IBM’s marketing platform and commerce software offerings (the “Company”).

StoryFit Closes Venture Funding to Propel its Predictive AI Platform for Publishers & Studios

StoryFit Closes Venture Funding to Propel its Predictive AI Platform for Publishers & Studios

AUSTIN, Texas, March 13, 2019 /PRNewswire/ -- StoryFit, a rapid-growth technology company which continues to break new ground providing predictive AI analytics for the publishing and entertainment industry today announced that it has raised $1.75 million in new funding, led by New York-based ff Venture Capital (IndieGogo, Omaze, Livefyre).