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L to R: Samuel Geisler- Peakmedia, Jonas Wilhelm- Peakmedia, Per Mandorf-ZetaDisplay, Alois Oppacher-Peakmedia. Image provided by Zeta Display.
ZetaDisplay, an Austrian digital signage and SaaS firm, has acquired Austria-based integrator Peakmedia, in a move to expand its reach in the DACH markets, according to a press release.
The deal will be accretive to EBITDA and will be funded through the group’s existing debt facilities.
“We are now proactively continuing to drive the consolidation in the European market for Digital Signage,” Per Mandorf, CEO at ZetaDisplay, said in the release. “This latest acquisition complements our DACH platform to further fuel our growth and quality ambitions. The Peakmedia team, in addition to strong financial performance, add a matching entrepreneurial focus to the group that will positively boost our ever-evolving business and culture. I’m very excited to have them join the group.
“Since our German acquisition in 2021, we have continuously reviewed our strategy for expanding the DACH markets,” he continued. “With the addition of Peakmedia to our subsidiary portfolio, we’re adding significant market presence to open up new opportunities across DACH, but also in Southern and Eastern Europe and the Balkans where Peakmedia has existing customers. Peakmedia also comes with an attractive customer portfolio where we will align on collaborative growth and expansion initiatives over time. Initially through joint product and concept development, commercial co-operation and added financial capacity.”
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