Who Acquired Facebook PMD Majestic Media?

HighTechHandshakeA Facebook Preferred Marketing Developer changed hands late last week, as Majestic Media, which is based in Toronto, announced that it was acquired by Toronto-based private-equity firm Lynx Equity. Terms were not disclosed.

Majestic Media was founded in 2008 by Managing Director Mario Zelaya, who said in a press release announcing the transaction:

I couldn’t imagine a better fit for us than Lynx. Its team and vision is perfectly aligned with how I imagined Majestic growing over the next five years. I’ll be working very closely with Lynx to acquire other companies in the marketing and technology space. It’s going to be a very exciting time for Majestic and Lynx. It’s only going to help Majestic better service our clients with different offerings.

Lynx Partner Dustin Mandel added:

We are thrilled to acquire a world-class, multinational brand. This is a new platform for Lynx, and we look forward to the tremendous potential for growth within this space.

Image courtesy of Shutterstock.

Related Stories
Mediabistro Course

Podcasting

PodcastingLearn to develop, create, and launch your own podcast! On October 23, Steve Belaner, the host of the weekly podcast The Gamut, will teach you how to determine the goals of your podcast, perfect your concept, contact and book guests, market your podcast, and get your show up and running in just a few weeks. Register now!