BOSTON, April 7, 2026 (Newswire.com) – Progress Partners, a full-service investment bank, is pleased to announce it served as exclusive financial advisor to Rocket Lab, a leading mobile app growth hub, in its acquisition by MiQ, a global programmatic advertising portfolio company of Bridgepoint Group. The acquisition combines Rocket Lab’s deep in-app expertise with MiQ’s omnichannel offering to deliver an end-to-end solution for clients across all media channels.
“This acquisition is a strategic step forward in our commitment to helping clients accelerate customer acquisition through smarter, data-driven marketing,” said Gurman Hundal, Co-Founder and Global CEO, MiQ. “By giving global brands and agencies access to our first mobile-app offering through Rocket Lab’s AI capabilities, we’ll deliver better performance that will continue to strengthen over time. With Rocket Lab’s expertise, we can offer even more tailored solutions that drive real business outcomes.”
As mobile-first consumption accelerates and advertisers increasingly prioritize measurable user acquisition, in-app advertising has emerged as a critical performance channel. While programmatic tools and expanding global inventory have enabled broader access to mobile growth strategies, many brands still face challenges around fragmentation, data integration, and consistent performance optimization across regions. MiQ’s acquisition of Rocket Lab addresses these gaps by combining Rocket Lab’s deep expertise in mobile app growth with MiQ’s omnichannel capabilities and AI-powered Sigma platform. Together, the combined offering enables brands to execute more precise, data-driven strategies and optimize performance across the full customer journey.
Noted Tim Harned, Managing Director, who led the transaction for Progress Partners, “Certainly one of the more rewarding transactions of my career while also being one of the most strategic for both Rocket Lab and MiQ. I am humbled to have been a part of this multi-faceted transaction that delivers the global power of an AI-driven partnership for mobile user acquisition and engagement at scale. As my second successful acquisition process with MiQ, it is a pleasure working with such a high-caliber internal M&A team.”
This acquisition reinforces MiQ’s commitment to expanding its global footprint and advancing its mobile capabilities as a core pillar of its product offering. With a strong regional footprint across Latin America including Argentina, Brazil, Mexico and Uruguay, Rocket Lab brings deep expertise in user acquisition and engagement. By integrating Rocket Lab’s regional strength and in-app expertise, MiQ is positioned to accelerate innovation across its technology stack, enhance its data and measurement capabilities, and scale its presence in high-growth markets to meet increasing advertiser demand globally.
Stated Juan Echavarria Coll, Co-Founder and CEO of Rocket Lab, “The Progress Partners team, led by Tim, was incredibly supportive and were there 24/7 whenever needed. They were great partners to help make this transaction a reality.”
About Rocket Lab
Rocket Lab is an App Growth Hub that integrates multiple solutions to help companies and their apps achieve their business goals through attraction, acquisition, and engagement strategies. Founded in 2019 in Mexico, the company has rapidly expanded across LATAM and EMEA, supporting leading brands across industries including retail, finance, and e-commerce. Rocket Lab is driven by a mission to connect applications to the most valuable audiences at scale.
For additional information on Rocket Lab, please visit https://www.rocketlab.ai/
About MiQ
MiQ is a global advertising technology company that works with advertisers and agencies to enhance campaign performance through data- and technology-driven programmatic solutions. Founded in 2010 in London, UK, MiQ operates in more than 33 offices worldwide. The company combines data science, artificial intelligence, and proprietary technology to help clients make more informed decisions, optimize digital campaigns, and maximize return on investment. At the core of its offering is Sigma — MiQ’s award-winning AI-powered technology — which integrates multiple data sources and signals to deliver a comprehensive view of audience behavior and drive more effective marketing outcomes.
For more information on MiQ, visit https://www.wearemiq.com/
About Progress Partners
Progress Partners is a full-service investment bank providing M&A, capital raise, and strategic growth expertise for emerging technology and media companies since 2002. As part of the next category of investment banking, Progress Partners employs experts who work with entrepreneurial leaders to realize superior value. Securities are offered by FNEX Capital, LLC, member of FINRA and SIPC.
For additional information on Progress Partners, please visit https://www.progresspartners.com
