ValueClick (VCLK) Acquires Greystripe for $70M Cash
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ValueClick, Inc. (Nasdaq: VCLK) acquires Greystripe, Inc., for a total consideration of $70 million.
For the remainder of 2011, Greystripe is expected to contribute to ValueClickâs consolidated results approximately $24 - $26 million in revenue and $2-$3 million in adjusted-EBITDA. ValueClick anticipates that Greystripe will be accretive on an adjusted-EBITDA multiple-basis in 2012.
Montgomery & Co. acted as financial advisor to Greystripe. Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital were investors in Greystripe.
For the remainder of 2011, Greystripe is expected to contribute to ValueClickâs consolidated results approximately $24 - $26 million in revenue and $2-$3 million in adjusted-EBITDA. ValueClick anticipates that Greystripe will be accretive on an adjusted-EBITDA multiple-basis in 2012.
Montgomery & Co. acted as financial advisor to Greystripe. Steamboat Ventures, Monitor Ventures, Peacock Equity, and Incubic Venture Capital were investors in Greystripe.
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