Yesterday, digital media resource provider Madison Ave. Media, Inc. announced that the company has acquired 100% of ProMark Data and Media Group’s capital stock. The acquisition occurred via a share-for-share transaction.
Madison Ave. Media (formerly Kahzam Inc.) owns and delivers an integrated matrix of business and proprietary digital media resources designed to generate significant revenue and returns. Madison Ave’s multidisciplinary executive and management teams include business experts with the requisite vision, diversity, focus and experience to deliver prompt and successful results for itself and its clients. Acquiring ProMark is a step towards consolidating the best assets of each company.
ProMark, based in Florida, is a full-service online marketing firm that specializes in permission based opt-in e-mail data, Mobile SMS, e-mail append and traditional postal data. The companies finalized the transaction today according to an announcement by Stephen F. Molinari, the Chairman of ProMark and Chairman of the Board of the company.
“ProMark Data and Media, Inc.,” Molinari stated, “plays an integral role in the delivery of our many products and services to our customers. As an advanced digital media company, Madison Ave. Media offers a differentiated and competitive array of marketing technologies and services to clients in multiple industries.”
He concluded, “Our technology and services bring advanced, highly productive marketing, communications and advertising solutions to clients. Those services address the complete digital media value chain, combining the best practices of comprehensive media solutions, accelerated with the power of technology.”