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Exciting news: Verve has announced the acquisition of Jun Group. Together, we’re connecting advertisers with premium mobile ads and connected TV inventory at scale. Jun Group’s trusted relationships with Fortune 500 advertisers, cutting-edge AI technology, and innovations on emerging channels are a powerful complement to Verve’s supply-side strengths. “Over the past few years, we have built Verve into a strong, organically growing media company with a primary focus on the advertising supply side. With Jun Group, we are now significantly strengthening the demand side, which will enable us to achieve significant synergies. With a better balance between supply and demand, we can further increase transparency and efficiency for our clients, both publishers and advertisers, in line with our mission: Let's make media better.” says Remco Westermann, CEO of Verve. Key highlights: 🔹 Direct access to 230+ Fortune 500 advertisers and agencies 🔹 Combined 2024 pro forma revenues of €447 million and adj. EBITDA of €151 million 🔹 Improved financial targets with an EBITDA margin of 30-35% and a net leverage of 1.5-2.5x Join us for an investor call on June 19, 2024, at 09:30 am CEST to discuss this exciting acquisition. 🔗 Full press release: https://hubs.la/Q02CknDW0 📞 Register for the investor call: https://hubs.la/Q02CkFlT0 #Verve #JunGroup #LetsMakeMediaBetter #adtech #acquisition #advertising Media and Games Invest (MGI)

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Fabrício Pereira

Head of Marketing/ CRM na Gurupass | Marketing Digital

3w

Akaena Serrano Jaime I won a scholarship at Ohio University to do an MBA in Strategic Marketing Management, so I'm looking for a job opportunity in the USA to help me cover the costs of my studies. I am interested in the Business Development Director position you announced. I sent a message to your direct. Can we talk about the position? I waiting for your return.hug

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Christian B.

DSP ADX RTB Partnerships

4w

Well done

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Andreas Incze

Strategic and Tactical purchaser

4w

Great solution

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