Clipperton acted as sole financial advisor to Grasp, a media governance & data quality SaaS platform for the advertising industry, on its sale to MiQ, a New York-based programmatic media partner for marketers and agencies, backed by Bridgepoint.
Grasp will introduce an exciting new route to partner with MiQ across all markets. The company will continue to operate as an independent business unit under MiQ’s ownership and will retain its current brand.
This transaction illustrates Clipperton’s rich track record in the Martech & Adtech space, with transactions such as the sale of Smartlook to Cisco [NASDAQ: CSCO] earlier in 2023, Ardian’s €330m take-private of Artefact, Brevo’s $160m Series B or Capital Croissance’s majority stake sale in Equativ.
