Jakala has acquired Roibox, a technology and payments company based in Latvia, in a move to bolster its performance marketing technology offerings. The acquisition closed on September 27, 2023.

Acquirer Jakala (IT)
Target Roxibox (LV)
Deal Value Undisclosed
Type of Deal Acquisition
Date Announced Not disclosed
Close Date 2023-09-27
Buy-side Advisors Not disclosed
Sell-side Advisors Not disclosed
Legal Buy-side Not disclosed
Legal Sell-side Not disclosed

The acquisition of Roibox by Jakala aims to further validate BlackSheep's thesis on the consolidation of performance marketing technology in Europe. Roibox, known for its disruptive geospatial advertising solutions, will strengthen Jakala’s capabilities in targeting and personalizing digital ad campaigns.

Roibox's advanced technology allows advertisers to reach customers based on their real-world locations and behaviors, enhancing campaign relevance and effectiveness. This strategic move by Jakala is expected to drive growth through the integration of geospatial data into its marketing platform.