EVC - Entravision acquires digital ad solutions firm 365 Digital

Entravision (NYSE:EVC) has acquired South Africa-based digital advertising solutions company, 365 Digital. Terms of the deal were not disclosed. Upon deal closing, all 365 Digital employees will remain with the company and Julian Jordaan will continue to serve as CEO of the business based out of its headquarters in Cape Town. 365 Digital is an online media and ad-technology business. It maintains exclusive sales representations with TikTok and Anzu, an in-game advertising platform. The company is also the authorized representative for Triton Digital. The acquisition provides Entravision with a geographic foothold in Africa. Walter Ulloa, Chairman and CEO of Entravision, stated, "365 Digital's strong management team will fit seamlessly into Entravision’s growing digital business, and we look forward to leveraging their regional expertise and existing big tech representations to scale Entravision’s digital platform across Africa. This acquisition fully aligns with our vision to position Entravision as a global digital marketing

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Entravision acquires digital ad solutions firm 365 Digital