Velocity Acquires Impax Media, Inc.
October 15, 2020
Velocity, a managed services company based in Holland, Ohio, has acquired Impax Media, Inc., a provider of in-store digital signage advertising that operates a checkout-area network across 49 grocery stores in the New York City area. The acquisition expands Velocity’s media solutions portfolio into the grocery/retail media market and positions it to sell Impax’s ad inventory through a partnership with Screenvision Media.
- Buyers
- Velocity
- Targets
- Impax Media, Inc.
- Industry
- Media & Entertainment
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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