M&A
confidence high
sentiment positive
materiality 0.80
Zeta Global closes $250M acquisition of LiveIntent, plus $75M earnout
Zeta Global Holdings Corp.
- Zeta completed acquisition of LiveIntent on Oct 21, 2024, for aggregate consideration of $250M upfront.
- Consideration includes $77.5M in cash and ~$172.5M in stock (~5.9M shares of Zeta Class A common stock).
- Potential earnout payments of up to $75M subject to performance targets.
- LiveIntent's assets, publisher network, and channels will bolster Zeta's AI-powered marketing platform.
- CEO Steinberg says deal is accretive to financial profile and widens competitive moat.