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MiQ acquires Adsmovil's Latin America business

Acquisition
March 25, 2026Verified

Last updated May 18, 2026

Overview

On March 25, 2026, MiQ signed an agreement to acquire the Latin America business of Adsmovil — covering ~150 employees across 12 LatAm markets. The deal creates what both companies describe as the largest independent programmatic provider in the region. Critical scope distinction: this is a business-unit / asset acquisition, NOT a full-company acquisition. Adsmovil's US business is NOT part of the transaction and continues to operate independently under the leadership of founder Alberto Pardo. No `subsidiary_of` edge is created between Adsmovil and MiQ — only an `acquired` edge with `deal_scope = 'latam_business_unit'` metadata.

Acquirer
MiQ
Market Segment
Hispanic / LatAm Programmatic
Deal Terms
Status
Announced