Perion Network Acquires Pub Ocean for up to $22 Million

Perion Acquires Greenbids

May 13, 2025

Marketing & Advertising

Perion Network Ltd. acquired Greenbids, an AI-powered media buying optimization platform that creates custom bidding algorithms for walled gardens and leading DSPs. The deal (approximately up to $65 million in total consideration) includes $27.5 million cash at closing, a $22.5 million two-year earnout, and $15 million in employee retention (cash and equity), and is expected to immediately enhance Perion One's lower-funnel, walled-garden capabilities and be accretive to adjusted EBITDA.

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 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.

Partner One to Acquire SeaChange International's Product and Services Assets

March 11, 2024

Media & Entertainment

An affiliate of Partner One will acquire substantially all of SeaChange International’s product and services assets for a purchase price of $30 million, less SeaChange's cash and cash equivalents at closing. The asset sale is expected to close in SeaChange’s fiscal 2025 first quarter, subject to shareholder approvals, and SeaChange expects net proceeds of approximately $13–15 million while retaining its cash and NOLs.

Bison Capital Makes Growth Recapitalization Investment in Ocean Media

June 27, 2022

Marketing & Advertising

Bison Capital (Bison Capital Partners V, LP) completed a growth recapitalization investment in Ocean Media LLC, a Huntington Beach-based provider of data- and technology-driven media planning, buying and analytics services. Ocean Media management (including CEO Jay Langan and COO Ron Leubbert) retained significant ownership and will remain in their current roles.

Equistone-backed ChartCo merges with Marine Press to form OneOcean

November 1, 2019

Software

Equistone Partners Europe–backed ChartCo has merged with Canadian navigation solutions provider Marine Press (backed by Champlain Financial Corporation) to create a new global business called OneOcean. The transaction, supported by a refinancing from Pemberton, brings together complementary digital navigation and voyage-compliance capabilities to expand the combined group's product offering and international reach.