Sensor Tower Acquires market intelligence platform data.ai
March 18, 2024
Sensor Tower has acquired market intelligence and mobile app analytics provider data.ai for an undisclosed amount, combining the two companies' data assets and product suites to create a broader digital intelligence offering. Bain Capital Credit led financing for the transaction with follow-on investments from Riverwood Capital and Paramark Ventures; the deal is intended to expand Sensor Tower's product capabilities, APAC presence and enterprise customer base.
- Buyers
- Sensor Tower, Bain Capital Credit, Riverwood Capital, Paramark Ventures
- Targets
- data.ai
- Industry
- Data & Analytics
- Location
- California, United States
- Transaction Type
- Buyout
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