Equativ Explained

Equativ
Former Name:Smart AdServer
Type:Private
Industry:Computer software
Advertising
Predecessors:-->
Successors:-->
Founded:2001
Hq Location City:Paris
Hq Location Country:France
Area Served:Worldwide
Key People:Arnaud Creput
Products:Ad Server, SSP, DSP
Owner:Bridgepoint Group, Capital Croissance
Num Employees:450
Revenue:197M€[1]
Revenue Year:2021
Num Employees Year:2022

Equativ (formerly known as Smart AdServer) is a French advertising technology company. Created in 2001 as part of Aufeminin, it was bought by private-equity fund Cathay Capital in 2015,[2] and then by private-equity fund Capital Croissance for a secondary LBO in 2021.[3] It operates mostly in the US, Europe, Latin America and Asia.

History

Smart AdServer (now Equativ) was created in 2001 by aufeminin.com in order to manage advertisements on the publisher's websites. It became an independent company within the same group in 2005, then expanded locally and internationally[4]

Axel Springer, the largest digital publishing house in Europe, bought AuFeminin in 2007. Following that take-over, Equativ expanded into Europe, Latin America and the United States.[5] In 2015, Axel Springer sold the company to private equity fund Cathay Capital for 37 million €.[6] In 2021 private equity fund Capital Croissance became the new majority shareholder of the company for a secondary LBO, in a bid to accelerate the development of the company in the United States and in connected TV.[7]

The company operates an adserver, an SSP and a DSP and specializes in solutions for Advanced TV and premium publishers. As of 2023, the company operates on 4 continents with a management team split between Paris, New York and London.[8]

In February 2023, Equativ is bought by Private Equity fund Bridgepoint Group, in a transaction valued "at more than €300m".[9]

Acquisitions

In 2019, Equativ acquired LiquidM, a global Demand Side Platform (DSP) based in Berlin.[10]

In 2021, Equativ acquired DynAdmic, a Cookie-Free CTV and Video Advertising Platform providing Managed DSP services.[11]

In 2022, Equativ acquired Nowtilus, a German Advanced TV specialist.[12]

See also

Notes and References

  1. https://www.societe.com/societe/smartadserver-487613481.html Societe.com
  2. Aufeminin va vendre Smart AdServer pour plus de 35 millions d'euros, JDN
  3. Smart AdServer Undergoes Ownership Overhaul, Adweek
  4. http://www.clubic.com/actualite-145758-100-clients-francais-smart-adserver.html 100 clients français Smart Adserver
  5. http://www.e-marketing.fr/Breves/Smart-AdServer-poursuit-son-developpement-a-l-international Smart poursuit son développement à l'international
  6. http://www.journaldunet.com/ebusiness/publicite/vente-smart-adserver-cathay-capital.shtml Aufeminin va vendre Smart pour plus de 35 millions d'euros
  7. https://www.lefigaro.fr/medias/pub-en-ligne-smart-se-pose-en-arme-anti-google-20210127 Pub en ligne: Smart se pose en arme anti-Google
  8. Interview de Cyrille Geffray, Stratégies
  9. https://capitalfinance.lesechos.fr/deals/lbo/equativ-valorisee-plus-de-300-m-dans-un-buy-out-avec-bridgepoint-1910636 Equativ valorisée plus de 300 M€ dans un buy-out avec Bridgepoint
  10. Web site: AdServer . Smart . Smart s'offre le DSP LiquidM . 2022-07-21 . www.strategies.fr . 19 December 2019 . fr.
  11. Web site: A French ad firm just snapped up a startup to cash in on the boom in digital TV advertising . 2022-08-05 . www.businessinsider.com . en-GB.
  12. Web site: L'adtech française Equativ se renforce dans la télévision connectée . 2022-07-21 . www.lesechos.fr . 7 July 2022 . fr.