Tuesday, 02 January 2024 12:17 GMT

Integral Ad Science To Go Private In $1.9B Buyout Deal With Novacap


(MENAFN- AsiaNet News)

Integral Ad Science Inc. (IAS) announced on Wednesday that it is set to go private following a buyout deal with private equity firm Novacap. The all-cash acquisition values IAS at approximately $1.9 billion, marking a move to fuel its ongoing investment in AI-driven solutions.

Under the terms of the agreement, Novacap will acquire all outstanding IAS shares at $10.30 apiece, offering a 22% premium over the company's closing price on Sept. 23, 2025. 

Following the announcement, Integral Ad Science's stock traded over 20% higher in Wednesday's premarket. 

Get updates to this developing story directly on Stocktwits.

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