High-Growth Mobile Media Tech Company with Blue-chip Clients – Seeking Funds for Acquisition Opportunity

An established Asia-Pac Technology company boasting clients such as Coca-Cola, Disney, Google, Unilever, Adidas and HSBC now seeks to acquire a competitor in a first-mover consolidation to become the largest specialist mobile advertising technology company in Australia and New Zealand.

The publicly listed company has received the support from a sovereign backed Chinese technology fund to subscribe for 40 per cent of the capital raising as a cornerstone investor, plus further funding to support the company’s expansion plans into China.

1P Capital Advisors, as financial advisor to the company is requesting interested parties to participate pro-rata with the Chinese fund across the equity placement of $6 million and Convertible Note offering of $10 million to fund the company’s acquisition.

With existing offices in Jakarta and Singapore and the support of a credible local partner in China that has government backing, growth is anticipated to accelerate across Asia.

The business has shown consistent growth over the past 5 years, outpacing the industry average to reach Revenues and EBITDA of circa $25 million and $2.5 million respectively for last twelve months.

The mobile ad market in which the company operates across Asia and the Asia-Pacific region is estimated by eMarketer to more than double in size within three years to reach close to $60 billion.