Fluent Is Acquiring AdParlor for $10 Million to Expand Social-Based Performance Marketing

It's the third ad-tech acquisition in a month

Marketing agency Fluent has acquired digital-advertising company AdParlor.

Today, AdParlor—a Toronto-based firm known for its social marketing expertise—said it is joining New York City-based Fluent to expand Fluent’s performance-marketing capabilities. According to a filing with the Securities and Exchange Commission, Fluent will pay $10 million for AdParlor, $7.5 million of which will be cash, with a promissory note for $2.5 million over the next two years.

The deal gives Fluent a range of new tools and expertise with social media buying that comes from AdParlor, which was founded in 2008, during the earlier days of the social media industry.

“The combination of their high-touch approach to managing digital strategies with tech-enabled media buying and our scalable, first-party, self-declared data asset creates a unique value proposition for performance-focused and growth-minded brands,” Ryan Schulke, CEO of Fluent, said in a statement.

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