$64m sale of StitcherAds to Kargo Global Inc.

Software & TMT
Written By Catriona Barry

Pegasus Capital has advised Betapond Limited T/A StitcherAds on its sale to US company Kargo Global Inc.

StitcherAds is a leading paid social advertising platform empowering advertisers and agencies to scale full-funnel performance marketing campaigns on Facebook, Instagram, Snapchat, Pinterest, and TikTok.

Kargo Global Inc. is the leader in creating mobile advertising experiences that elevate brands and motivate customers. Kargo’s advertising partners fill the ranks of the Fortune 500 and its invitation-only editorial marketplace sets the standard for quality content and reach.

“Pegasus Capital provided critical advice and infrastructure throughout the M&A process. We could not have gotten the deal done without them”

Declan Kennedy
CEO & Co-Founder Stitcherad

stitcherads.com

  • Year: 2021

  • Sector: Technology

  • Terms: USD 64,000,000

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Software & TMT
Catriona Barry
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