Adtheorent holding company, inc. enters into agreement to be acquired by cadent, llc for approximately $324 million representing $3.21 per share

New york, april 01, 2024 (globe newswire) -- adtheorent holding company, inc. (“adtheorent” or the “company”) (nasdaq: adth), a machine learning pioneer delivering measurable value for programmatic advertisers, and cadent, llc (“cadent”), 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, today announced that they have entered into a definitive agreement under which a wholly owned subsidiary of cadent will acquire the company in an all-cash transaction. upon closing of the transaction, adtheorent will become a privately held company.
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