Retail MediaSaturday, September 19, 2026
Strategics drive 71% of 2025 ad-tech M&A activity
Strategic buyers accounted for 71% of scaled ad-tech deals in 2025, including acquisitions by T-Mobile, The Trade Desk, and Publicis.
The numbers
- 71% Strategic buyers accounted for 71% of scaled ad tech transactions in 2025.
- 58% Strategic buyers accounted for 58% of scaled ad tech transactions last year.
- $600 million T-Mobile acquired Vistar Media for $600 million.
- $300 million Rokt bought customer data platform mParticle for $300 million.
- $85 million DoubleVerify bought Rockerbox in a deal valued at $85 million.
