M&A
confidence high
sentiment neutral
materiality 0.65
MediaAlpha subsidiary to acquire Customer Helper Team for $50M initial consideration plus $20M earn-out
MediaAlpha, Inc.
- Initial purchase price $50M, subject to working capital adjustments; up to $20M earn-out tied to revenue/profitability targets over two years.
- Acquires customer generation and acquisition services for Medicare, auto, health, life, debt, and credit repair companies.
- Expected to close within two weeks after Feb 24, 2022; subject to no material adverse effect, third-party consents, customary conditions.