Perion Acquires Greenbids

Insight Partners Leads $49.5M Series B in GreenLite

September 22, 2025

Construction

GreenLite, a U.S.-based construction technology company offering AI-powered permitting and private plan review solutions, raised $49.5 million in a Series B led by Insight Partners with participation from Energize Capital and existing backers Craft Ventures, LiveOak Ventures, and Chicago Ventures. The funding will be used to enhance GreenLite's AI platform (LiteTable) and expand into additional end markets including lodging, logistics, clean energy infrastructure, and multifamily housing; the company has ~50 employees and serves major enterprise customers.

Enverus Acquires BidOut

August 6, 2024

Cloud & SaaS

Enverus, the energy-focused SaaS provider, has acquired BidOut, an AI-powered RFx procurement platform headquartered in Houston. The acquisition will integrate BidOut’s sourcing and RFx capabilities into Enverus’ Source-to-Pay suite to expand procurement automation and drive greater efficiency across Enverus’ energy customer base.

Perion Network Acquires Hivestack

December 12, 2023

Media & Entertainment

Perion Network Ltd. has completed the acquisition of Hivestack Inc., a global full‑stack programmatic digital out‑of‑home (DOOH) platform, for $100 million in cash plus up to $25 million in employee retention and performance‑based payments. The deal gives Perion immediate entry into the DOOH market with Hivestack's platform deployed across 32 countries and is intended to expand Perion's advertising product capabilities and diversify its revenue mix.

Perion Network Acquires Vidazoo

October 4, 2021

Marketing & Advertising

Perion Network Ltd. has acquired Vidazoo, a Tel Aviv–based video monetization platform, for $35.0 million in cash at closing plus a performance-based earn-out of up to $58.5 million (total consideration up to $93.5 million). The deal immediately expands Perion’s video advertising/CTV capabilities and is expected to be accretive to earnings and help accelerate the company’s video advertising growth.

Perion Network Acquires Pub Ocean for up to $22 Million

July 22, 2020

Media & Entertainment

Perion Network Ltd. agreed to acquire the assets of Pub Ocean, a publisher-focused technology platform, for up to $22.0 million (including $4.0M paid at signing, $17.0M in earnouts and $1.0M in retention). Pub Ocean will be integrated into Perion’s ContentIQ (CIQ) business to expand publisher orchestration, real-time revenue analytics and drive immediate revenue and EBITDA synergies.

Inperium Acquires Mercadien Technologies

May 4, 2020

IT Services

Inperium, a Reading, Pennsylvania-based non-profit that holds a portfolio of health and human services companies, has acquired Mercadien Technologies, an IT and cybersecurity services firm headquartered in Hamilton Township, New Jersey. The acquisition — terms undisclosed — will allow Inperium’s IT services portfolio company, Ocellus Tech, to expand its product and service offerings to Inperium affiliates and other clients in the Tri-State area.