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Aleph Acquires Majority Stake Of Clever Ads: Furthering Smb Growth & Reach

PRIVATEFeb 08, 2023

Acquiring Company

Aleph

Acquired Company

Clever Ads

New YorkAdvertisingDigital MarketingSoftwareAdvertisingDigital MarketingSocial Media MarketingSocial Media Advertising

Description

Aleph Group Inc, a leading global enabler of digital advertising, connecting 21,000+ advertisers across 115+ markets worldwide, has announced their majority acquisition of Clever Ads, a technology platform that automates client acquisition and ad spend management for Meta, Microsoft, Google, TikTok and Twitter. The acquisition will bring together Aleph's extensive global reach with Clever Ads' technology platform development capabilities, providing opportunities for further growth, and deepening relationships with the world's leading digital media players and their advertisers.

Quick answer

Aleph is acquiring Clever Ads, announced February 8, 2023. Aleph is based in New York, New York, United States.

How much did Aleph pay for Clever Ads?
The deal value was not disclosed.
What does Aleph do?
Aleph is a leading global enabler of digital advertising, connecting thousands of advertisers in frontier countries with the world's leading digital platforms, and across more than 115+ markets worldwide including..
Where are Aleph and Clever Ads based?
Aleph is based in New York, New York, United States.
Who are the decision-makers at Aleph?
Fundz holds 1 contact at Aleph. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Advertising and Digital Marketing

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Company Information

Company

Aleph

Location

New York, New York, United States

About

Aleph is a leading global enabler of digital advertising, connecting thousands of advertisers in frontier countries with the world's leading digital platforms, and across more than 115+ markets worldwide including Europe, LATAM, MENA, APAC and Africa. The Aleph Group consists of Httpool, IMS, Connect Ads, Ad Dynamo, Genart, Aleph Express, Wise.blue, Social Snack, The Mediam Group and Bangers & Mash. We enable platforms including Twitter, Meta, Snapchat, Google and nearly 35 others to expand into new markets and empower advertisers to take full advantage of platform advertising capabilities. Through these long-lasting partnerships, Aleph creates the opportunity for all to advertise at both a local and global level, without limits. We build and supply proprietary technologies with localized solutions, offering local teams of industry and platform experts, as well as education for digital advertising professionals via Digital Ad Expert, a program that certifies digital advertisers as platform professionals. Aleph further provides cross-border transaction solutions, ensuring seamless payments for 49+ currencies. Together, these solutions widen access to the digital ecosystem and ultimately work towards our purpose, to equalize the global digital ecosystem. For more information please visit: www.alephholding.com or press@alephholding.com

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Frequently asked

Who acquired Clever Ads?

Clever Ads was acquired by Aleph, based in New York. The deal was reported on February 8, 2023. Aleph is privately held and operates in Advertising.

When did Aleph acquire Clever Ads?

Aleph's acquisition of Clever Ads was reported on February 8, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Clever Ads do?

Clever Ads is a suite of multi-platform advertising tools. The company was founded in 2012 with the mission to give small & medium-sized businesses a chance to compete with larger companies — while advertising on a relatively smaller marketing budget. It is privately held, operating in Software.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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