By Adriano Marchese
Popreach Corp. has acquired California-based model transformation firm Schiefer Media Inc. for $14.9 million in money and inventory.
The digital media mentioned Schiefer’s companies, which embrace media, inventive and content material, complement Popreach’s service choices that it delivers by way of its manufacturers Q1Media and Contobox.
Furthermore, it brings to the fold a client-base that spans totally different industries together with retail, style way of life, and automotive.
“The energy of their monetary profile, blue chip buyer base, and potential cross-sell alternatives inside our model options choices supplies many levers for us to drive progress and returns for Popreach and its shareholders,” Chief Govt Jon Walsh mentioned.
Write to Adriano Marchese at adriano.marchese@wsj.com