Progress Partners

Investment Banking

Progress Partners is a boutique investment firm based in Boston and New York City providing financial advisory services to companies in media, marketing, advertising, and software.

Progress Partners Advises RevX on its Platform and Business Assets Sale to Affle

BOSTON, MA and New York, NY -- August 19, 2019 -- Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised RevX on its platform and business assets sale to Affle. The acquisition of RevX, recently rated #4 in the shopping category and #5 in the non-gaming category (AppsFlyer Global Retargeting Index, July - December 2018), strengthens Affle’s foothold in retargeting, a key advertising market for mobile applications and e-commerce companies.

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Progress Partners and SI Partners Advise Mad*Pow on its sale to Tech Mahindra

BOSTON, MA and New York, NY -- August 16, 2019 -- Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it acted as joint advisor, working with SI Partners, a global M&A advisor and growth consultancy, to Mad*Pow on its sale to Tech Mahindra, an India based technology company. This deal looks to bring an increase in UI/UX talent and U.S. customer base for Tech Mahindra.

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Progress Partners Advises on Sale of TruSignal to TransUnion

BOSTON, MA and NEW YORK, NY – May 3, 2019 –  Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised TruSignal on its acquisition by TransUnion, a leading global information solutions provider.

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Progress Partners Advises on Sale of Vyze to Mastercard

BOSTON, MA and NEW YORK, NY – May 3, 2019 –  Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised Vyze on their sale to Mastercard, a leading technology company in the global payments industry. Vyze’s accessible and customizable E-commerce platform through the Cloud will expand existing card and ACH-based credit solutions.

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Progress Partners Advises iQ Media on its Transaction with 4C to Create Kinetiq

BOSTON, MA and NEW YORK, NY – April 23, 2019 –  Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised iQ Media on its transaction with 4C Insights, which jointly created a new entity, Kinetiq, comprised of iQ Media and 4C’s Teletrax. Kinetiq will operate globally, with U.S. headquarters in Philadelphia, Pennsylvania, and European headquarters in Eindhoven, Netherlands. Kevin Kohn, CEO of iQ Media, will serve as CEO of Kinetiq with key management from 4C and iQ Media completing the leadership team.

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Progress Partners Advises on Boston Dynamics’ Acquisition of Kinema Systems

BOSTON, MA and NEW YORK, NY – April 12, 2019 – Progress Partners, a Boston- and New York-based M&A advisory firm, is pleased to announce that it has advised Boston Dynamics, an advanced robotics company, on their acquisition of Kinema Systems, a deep learning-based computer vision company. Kinema Systems’ vision system will support the development of Boston Dynamics’ product offerings in the logistics and autonomy space.

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Progress Partners Advises on Sale of Magnetic to Deloitte

BOSTON, MA and NEW YORK, NY – October 3, 2018 – Progress Partners, a Boston- and New York-based M&A advisory firm, is pleased to announce that it has advised on the sale of Magnetic Online, Inc’s artificial intelligence platform to Deloitte. Deloitte Digital will utilize the platform to improve its data management and AI capabilities, particularly within its Experience Services platform. 

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Progress Partners Advises on Sale of SlimCut to Telaria

BOSTON, MA and NEW YORK, NY – June 12, 2018  – Progress Partners, a Boston- and New York-based M&A advisory firm, is pleased to announce that it has advised SlimCut, a technology-based company that focuses on providing outstream video ad solutions for publishers, on their sale to Telaria, a Video Management Platform company that allows publishers to manage premium video advertising.

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Progress Partners Advises on Sale of Swiftpage to SFW Capital Partners

BOSTON, MA and NEW YORK, NY – May 23, 2018 – Progress Partners, a Boston- and New York-based M&A advisory firm, is pleased to announce that it has advised on the sale of Swiftpage, the provider of Act! CRM software, a leading cloud-enabled platform aimed at helping small and mid-sized businesses grow, to SFW Capital Partners (“SFW”), a specialized private equity firm that invests in the middle market across the information value chain with a particular focus on information, software, and analytical instrumentation.

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Pandora to Buy Ad-Tech Firm AdsWizz for $145M

BOSTON, MA and NEW YORK, NY – April 9, 2018 – Progress Partners, a Boston- and New York-based M&A advisory firm, is pleased to announce the acquisition of its client AdsWizz, the global leader in digital audio advertising and data technology, by Pandora Media, Inc. (NYSE:P), the leading music streaming service in the U.S., for a total consideration of $145,000,000.

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Progress Partners Hires David Arslanian as New Managing Director

BOSTON, MA  January 10, 2018 – Progress Partners, a Boston and New York-based corporate M&A advisory firm, is pleased to announce the strategic appointment of David Arslanian as a managing director at the firm. David’s expertise in the digital video advertising market and in marketing platform technologies provide us with a sharper lens into those markets as a business development lead for the firm.

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Progress Partners Advises Acquisio on Sale to Web.com

BOSTON, MA and NEW YORK, NY – November 16, 2017 – Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised Acquisio, a leading local business software provider for online advertising management, on its sale to Web.com, a leading global provider of Internet services and online marketing solutions for small businesses.

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Nick MacShane moderates Data Panel at Advanced Advertising

NEW YORK, NY - October 25, 2017 - Progress Partners is proud to have been an underwriter of NYC TV Week's Advanced Advertising Summit last week on October 18th at the Sheraton Times Square. Nick MacShane, founder and senior managing director, was selected to moderate the one-day summit's final 4:30pm panel session, "Data, Data Everywhere," with an esteemed panel of CEOs and senior management from some of TV's top analytics companies.

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Progress Connect 2017 featured Top Talent in Internet and Digital Media Technology

BOSTON, MA - October 16, 2017 – Progress Partners, the Boston and New York-based M&A advisory firm, held their second annual Progress Connect, a leadership and industry summit held in Boston, and welcomed over 300 industry leaders to The State Room on Wednesday, October 11.

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Progress Partners Advises Mobee on Merger with Quad Analytix to Create Wiser Solutions

BOSTON, MA and New York, NY – September 13, 2017Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised on the merger of its client, Mobeea crowdsourcing and mobile technology to collect, organize and analyze in-store retail data at scale, with Quad Analytixa platform to translate e-commerce data into action for brands and retailers.

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Progress Partners Advises on Sale of LocalBizNow (LBN) to Ansira Partners

BOSTON, MA and NEW YORK, NY – September 12, 2017 – Progress Partners, a Boston and New York-based M&A advisory firm, is pleased to announce that it has advised on the sale of LocalBizNow, an all-in-one local digital marketing platform to Ansira Partners, Inc., a leading data-driven, technology-enabled marketing solutions provider.

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Progress Partners Continues to Grow, Announcing Multiple New Hires and a Promotion

BOSTON, MA – September 7, 2017 – Progress Partners, a Boston and New York-based corporate M&A advisory firm, has announced that Peirce Sullivan and Nelson Norley have joined the firm and that Morgan Cuthbertson has been promoted. These additions and changes reflect the need to meet the growing demand for the firm’s services within the Internet and Digital Media technology sector.

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Progress Partners Advises LogMeIn on Acquisition of AI-enabled Self-Service Solution Nanorep

BOSTON, MA and NEW YORK, NY - August 3, 2017 - Progress Partners is pleased to announce that LogMeIn, Inc. (Nasdaq:LOGM) has agreed to acquire Nanorep, a chatbot-focused AI solutions company. Our team served as an advisor to LogMeIn during this transaction. Nanorep is uniquely positioned to meet the growing demand for more personalized and successful customer service solutions using Artificial Intelligence and natural language processing technologies. 

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Progress Partners Hires Brase, McCarthy, Haddad, and Promotes Hagerty

Boston, MA - May 15, 2017 - Progress Partners, a Boston and New York-based corporate M&A advisory firm, has announced that Bret Brase, Warren McCarthy (CPA), and Andre Haddad have joined the firm, while Pat Hagerty was promoted. These additions and changes reflect the need to meet the growing demand for the firm’s services within the Internet and Digital Media technology sector.

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Progress Partners Celebrates 15-year Anniversary of Dealmaking

Boston, MA – March, 2017 – We are proud to celebrate Progress Partners’ 15th year of business this year. Founded in 2002 by Nick MacShane in Wellesley, MA, the firm has provided strategic and transactional advisory to hundreds of clients, added three partners to senior management, closed over 40 transactions, and launched a successful venture fund as well as an events brand and annual Summit. While we are proud to share this landmark in our growth, we also recognize that our network is a core component of our strength, so thank you to all for your support.

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Progress Partners, Inc. © 2002-2019

50 Milk Street, 16th Floor, Boston, MA 02109  |  405 Lexington Avenue, Suite 805, New York, NY 10174

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