Digital Media Solutions, Inc. Enters Asset Purchase Agreement with Existing Lenders
09/12/24, 4:06 AM
Type
agreement
Digital Media Solutions, Inc. has reached an asset purchase agreement with existing lenders, including a financial consortium, securing approximately $122 million in financing to facilitate voluntary Chapter 11 proceedings and execute a court-supervised sale process. The agreement aims to maximize value, strengthen the business's financial foundation, and position DMS for continued growth.
Company Info
Additional Info
Digital Media Solutions, Inc. (DMS) is a leading provider of technology-enabled digital performance advertising solutions. The company specializes in connecting high-intent consumers with advertisers across key verticals like insurance and education. DMS is focused on delivering measurable results to enhance business outcomes for its clients. The company is positioned for growth due to its innovative technology platform and strong client base.