Inmar Intelligence acquires Aki Technologies, the personalized digital advertising and moments marketing technology company that has pioneered personalized digital circulars.
Madison Alley advises Aki Technologies on the strategic M&A transaction.
The summary below includes excerpts from Inmar Intelligenceâs press release.
Madison Alley is delighted to announce that its client, Aki Technologies, a San Francisco-based advertising technology company specializing in personalized advertising, moments marketing, and digital circulars, has been acquired by Inmar Intelligence.
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INMAR INTELLIGENCE, THE LEADING APPLIED DATA AND TECH-ENABLED SERVICES COMPANY HAS AGREED TO ACQUIRE AKI TECHNOLOGIES, THE PERSONALIZED DIGITAL ADVERTISING AND MOMENTS MARKETING TECHNOLOGY COMPANY THAT HAS PIONEERED PERSONALIZED DIGITAL CIRCULARS.
Inmar Intelligence, a data and tech-enabled services company, has agreed to acquire Aki Technologies, which will expand its retail media and personalized advertising capabilities for retailers and brands. The acquisition will add Aki Technologiesâ ability to deliver personalization at scale to Inmar Intelligenceâs existing retail media offerings, which are driven by rich first-party consumer data highly-sought by retailers and brands alike.
In light of the pandemic and other recent catalysts for improved customer-centricity, consumers increasingly expect above-and-beyond convenience and relevance from retailers and brands with whom they engage. The booming retail media category boasts superior consumer data as one of its foundational advantages. But most offerings lack the technology required to create personalized experiences at scale, especially when it comes to digital engagements like paid media and offers.
The consummation of this strategic acquisition will enhance Inmar Intelligenceâs retail data media solution with the addition of patented personalization technology, designed to use rich media to create more relevant experiences, including high-performing personalized contextual advertising, personalized virtual circulars featuring digital coupons and price promotions, and personalized offer-based advertising. Whatâs more, Inmarâs offerings will enable the real-time measurement of these tactics in terms of their impact on in-store and online sales.
Inmar Intelligenceâs General Manager of Media and Data, Aaron Kechley says, âThe combination of Aki with Inmarâs ShopperSyncTM customer data offerings, will uniquely enable retailers to more powerfully use data to create impactful, personalized consumer experiences at scale. Akiâs moments methodology helps retailers to effectively connect with consumers by identifying when consumers are most receptive to advertising and then using multi-patented personalization technology to serve up the best deals and promotions that will resonate with them at a particular moment.â
Aki Technologies CEO, Scott Swanson, added, âWith the capabilities and assets Inmar Intelligence offers, we couldnât think of a more inspiring alliance to help accelerate the growth of Akiâs technology to its full potential and deliver further value to our customers and their consumers.
Inmar Intelligence was named a âleader in the Forrester WaveTM: Sell-Side Retail Media Solutions Q3 2021 Report. The report, authored by Forrester Senior Analyst, Collin Colburn states, “Inmarâs longstanding loyalty and in-store media solutions paved the way for its modern sell-side retail media solution that aims to enhance retailersâ digital transformation, loyalty, and profitability goals. Inmar is exceptional at balancing retailersâ and brandsâ needs when innovating.â
Aki holds four personalization technology patents and does not rely on personally-identifiable information. As such, Aki will arm Inmar Intelligence with additional contextual advertising solutions for a privacy-compliant world. This acquisition will help great businesses grow by building more powerful interactions between brands and people, with a methodology that will be future-proof for the years to come.
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The Madison Alley team, led by Michael Seidler, Boris Fridman, and Bill Flatley, served as the exclusive M&A advisor to Aki Technologies on its acquisition by Inmar Intelligence.
Scott Swanson, CEO of Aki Technologies, commented, âMadison Alley was the ideal partner to advise us on this journey. They conducted an efficient, disciplined, and successful process. They enabled us the opportunity to meet with strategic industry leaders, prepared us for all stages of the process, and were integral to us reaching this game-changing acquisition.â
Boris Fridman, Managing Director at Madison Alley, commented, âWorking with the visionary Aki team was a rewarding experience from start to finish. We are thrilled to see Aki Technologies and Inmar Intelligence merge to create a powerhouse of world-class personalized advertising for global retailers and brands.â
The terms of the agreement were undisclosed.
Aki Technologies empowers brands and retailers to reach people by targeting pivotal moments in the consumer journey with personalized advertising. With four personalization patents, Aki’s award-winning technology dynamically tailors ads in the moment based on region, weather, buying preferences, and other historical and present factors. This ensures a more relevant ad experience that drives stronger campaign results. To learn how Aki’s personalized mobile, CTV, desktop and DOOH campaigns can help you reach your marketing goals, visit www.a.ki.
Inmar Intelligence is a leading applied data and tech-enabled services company. $120 billion dollars of commerce runs through our market-driven systems which are propelling digital transformation through unified data, workflows and fund flows to help companies drive innovation and achieve digital transformation. Our integrated workflows create insights through Analytics, AI, Machine Learning and to drive faster actions and outcomes.
Throughout our 41-year history, we have served retailers, manufacturers, pharmacies, health systems, government and employers as their trusted intermediary in helping them redefine success. For more information about Inmar, please follow us on Twitter, LinkedIn or Facebook, or call (866) 440-6917.
Madison Alley advises clients on strategic capital and M&A transactions, establishing market leaders and realizing premium value for digital marketing, advertising and commerce technology, data and services companies.
Led by former digital industry CEOs, strategic buyers and investment executives, Madison Alleyâs distinct team has advised on landmark industry transactions. Notable deals include the merger between Jam3, an award-winning design and experience agency, and MediaMonks, the global creative production company of S4 Capital; the sale of BORN Group to Tech Mahindra, establishing the largest customer experience (CX) and digital commerce agency of any digital transformation consultancy; the capitalization of Mobilewalla, the mobile consumer data insights provider; and the strategic acquisition of Heat by Deloitte Digital to establish “the world’s first creative digital consultancySM.”
CONTACT:
Michael Seidler, Founder + CEO
michael.seidler@madisonalley.com
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Boris Fridman, Managing Director
boris.fridman@madisonalley.com
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Bill Flatley, Vice President