Aleutian Capital Group (“Aleutian Capital”), a New York-based middle-market investment bank, is pleased to announce the successful acquisition of Adxcel, Inc. dba ArtsAI by Claritas, LLC. Principals of Aleutian Capital advised the ownership group of ArtsAI. Terms of the transaction were not publicly disclosed.
About Adxcel, Inc. dba ArtsAI
Headquartered in San Francisco, CA, ArtsAI is a leading provider of trusted, AI-driven solutions for modern marketers, agencies, and media companies across all digital platforms as well as broadcast radio. ArtsAIs’ AI Personalization product customizes ad creative elements for each user cohort using advanced machine learning algorithms, increasing ROAS by an average of 53%. The company’s focus is audio, but their solutions also run effectively across display, digital video, and OTT/CTV. ArtsAI was recognized as the fastest-growing AdTech company in the 2023 INC 5000, ranking #29 overall. For more information, please visit www.artsai.com.
Yuri Khidekel, Founder and CEO of ArtsAI, commented, “We are extremely thankful to the Aleutian team for their assistance during our process. They were able to guide us through various aspects of a complex transaction and helped us successfully close this deal. We would highly recommend them for their knowledge of the marketplace, exceptional service, and commitment towards their client.”
About Claritas, LLC
Headquartered in Cincinnati, OH, Claritas, LLC is a provider of consumer segmentation analysis for marketers. Claritas provides an all-in-one solution suite that enables marketers to enhance ROI by pinpointing ideal audiences, executing precise multichannel marketing engagements, and optimizing media spend across online and offline channels. With an accuracy-first foundation, the robust Claritas Identity Graph serves as the engine that drives these powerful solutions, encompassing a proprietary data set including 100% of U.S. adult consumers, over 1 billion devices and 10,000+ demographic and behavioral insights. Claritas is a portfolio company of The Carlyle Group Inc. For more information, please visit www.claritas.com.
About Aleutian Capital Group
Headquartered in New York, NY, Aleutian Capital is an M&A advisory firm serving sellers and buyers of companies throughout North and South America, Asia and Europe. Aleutian has expertise in technology, e-commerce, healthcare, aerospace, consumer, transportation, professional services, and industrial manufacturing industries. Our banking practice, through our broker-dealer Bradley Woods & Co. Ltd. (Member FINRA/SIPC), provides services relating to advisory, capital raises, valuations, and recapitalizations. All securities are offered through Bradley Woods & Co. Ltd., member, FINRA and SIPC. Aleutian is a division of Bradley Woods & Co. Ltd., member, FINRA and SIPC. For more information, please visit www.aleutiancapital.com.