Cadent, llc completes acquisition of adtheorent holding company, inc.

New york, june 21, 2024 (globe newswire) -- adtheorent holding company, inc. (“adtheorent” or the “company”) (nasdaq: adth), a machine learning pioneer delivering measurable value for programmatic advertisers, today announced that cadent, llc, a leading provider of platform-based converged tv advertising solutions and a portfolio company of novacap, one of north america's established private equity firms, completed its acquisition of adtheorent for $3.21 per share in an all-cash transaction that valued adtheorent at approximately $324 million.
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