1. News
October 13, 2017updated 20 Oct 2017 2:05pm

Valassis closes acquisition of MaxPoint Interactive

Intelligent media delivery solutions provider Valassis has completed the acquisition of digital marketing technology company MaxPoint Interactive.

By Katie Wong

Intelligent media delivery solutions provider Valassis has completed the acquisition of digital marketing technology company MaxPoint Interactive.

Free Report
img

What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
  • Macroeconomic and demographic environment
  • Consumer context
  • Industry environment
  • Competitive environment
  • Route to market
Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.
by GlobalData
Enter your details here to receive your free Report.

The acquisition is expected to strengthen Valassis’ digital targeting, personalisation and measurement capabilities.

Under the terms of the agreement, which was signed by both parties in August, all the outstanding shares of MaxPoint common stock were acquired for $13.86 a share.

“Our combined commitment to helping clients and consumers will continue to drive technological innovation.”

A subsidiary of integrated payment, marketing and security solutions provider Harland Clarke Holdings (HCH), Valassis is focused on integrating and optimising campaigns such as direct mail, newspaper inserts and digital advertising to increase its clients’ return on investment.

HCH CEO Victor Nichols said: “We are excited to welcome MaxPoint to our Valassis Digital team, further enhancing our unique intelligent media delivery offering while increasing our digital presence.

“Our combined commitment to helping clients and consumers will continue to drive technological innovation, creating more relevant interactions through effective solutions.”

Generating hyperlocal intelligence, MaxPoint enables brands to optimise their retail performance and provides a platform to connect with the physical world through hyperlocal execution, measurement, and consumer insights.

Valassis digital president Cali Tran said: “The combination of our two companies creates powerful targeting, delivery, and measurement capabilities that will deliver leading media quality and performance for our clients.”

The media solutions offered by Valassis are directed at influencing consumers wherever they plan, shop, buy and share.

In May, HCH completed the $630m acquisition of digital savings destination RetailMeNot that connects retailers with consumers.

Free Report
img

What’s missing from your IPO industry assessment?

IPO activity all but stopped in 2020, as the investment community grew wary of the effects of COVID-19 on economies. No matter how deserving a business was of flotation, momentum was halted by concerns of when a ‘new normal’ of working patterns and trade would set in. Recently, sentiment has changed. Flotations picked up again during the second half of 2021, and now in 2022 the mood is decidedly optimistic. Business leaders have their eyes on fast rebounding economies, buoyant market indices and the opportunity once again to take their businesses public. As a result, global IPOs are expected to hit back this year. With GlobalData’s new whitepaper, ‘IPOs in Consumer and Retail: 5 must-include elements for your prospectus industry report’, you can explore exactly what is needed in the essential literature. GlobalData’s focus lies in the critical areas to get right:
  • Macroeconomic and demographic environment
  • Consumer context
  • Industry environment
  • Competitive environment
  • Route to market
Interested to learn more about what to include in your IPO Industry Assessment report? Download our free whitepaper.
by GlobalData
Enter your details here to receive your free Report.