ZetaDisplay has acquired Peakmedia digital signage, an Austrian digital signage integrator.
image L-R: Samuel Geisler- Peakmedia, Jonas Wilhelm- Peakmedia, Per Mandorf-ZetaDisplay, Alois Oppacher-Peakmedia
The acquisition is a decisive step for ZetaDisplay towards further strengthening its significant market presence in the DACH region and Europe. The deal will be accretive to EBITDA and will be funded through the Group’s existing debt facilities.
Per Mandorf, CEO at ZetaDisplay said: “We are now proactively continuing to drive the consolidation in the European market for Digital Signage. This latest acquisition complements our DACH platform to further fuel our growth and quality ambitions. The Peakmedia team, in addition to strong financial performance, add a matching entrepreneurial focus to the group that will positively boost our ever-evolving business and culture. I’m very excited to have them join the group.
"Since our German acquisition in 2021, we have continuously reviewed our strategy for expanding the DACH markets. With the addition of Peakmedia to our subsidiary portfolio, we’re adding significant market presence to open up new opportunities across DACH, but also in Southern and Eastern Europe and the Balkans where Peakmedia has existing customers. Peakmedia also comes with an attractive customer portfolio where we will align on collaborative growth and expansion initiatives over time. Initially through joint product and concept development, commercial co-operation and added financial capacity.”
Jonas Wilhelm, co-founder and CEO of Peakmedia added: "We will initially continue to operate under the Peakmedia brand as part of ZetaDisplay to make sure we can leverage and expand on our existing positive brand perception. In parallel we will begin to develop and integrate our operations, business and products to align within the larger group offering.”