HPP was pleased to advise DoubleVerify Inc., headquartered in New York, and its private equity backer Providence Equity Partners, on its acquisition of Leiki Oy, a Finnish semantic Artificial Intelligence platform provider of contextual and audience analysis solutions to advertisers and media companies. DoubleVerify Inc. is the leading independent provider of marketing measurement software and analytics in a rapidly-growing market segment. The transaction was completed as an all cash, all stock offer on December 27, 2018.
This transaction is the latest in a string of transactions in the technology sector and specifically within the AI field, in which HPP has assisted international, private-equity-backed buyers acquiring Finnish tech targets. This reflects HPP’s market-leading technology expertise (ranked as a Tier 1 TMT team by the leading global directories) and HPP’s significant cross-border M&A expertise.