| |
Ebiquity Hints at Possible Sale
The Board of UK-based media and marketing insights firm Ebiquity says it is reviewing options which could include a sale of the company, in response to interest from 'various parties'.
 Founded in 1997 as Thomson Intermedia, North Tyneside-based Ebiquity includes an Analytics division offering media buying measurement and benchmarking, performance measurement and attribution services, and reputation management services; while its Platform division provides media monitoring products. In July, the firm reported a 21% increase in revenue to £64.0m for the year ended 30 April 2013, up from £52.9m in the same period last year and mainly driven by acquisitions.
In today's statement, the Board said it has appointed M&A advisor Ingenious Corporate Finance to assist with the review of its 'strategic options', but said that there can be no certainty that an offer will be made for the company, or as to the terms of any such offer should one be forthcoming.
The company, which is led by CEO Michael Greenlees (pictured), is online at: www.ebiquity.com .
|
