Investment firms acquire Clearwater company for $95 million
March 4, 2025 - Clearwater-based Digital Media Solutions (DMS) has sold nearly all its assets as part of Chapter 11 bankruptcy proceedings, according to court documents filed Feb. 28. Global investment firm Blackrock partnered with Bain Capital, Blackstone and Abry Partners to acquire the local digital advertising and media distribution company for $95 million. DMA also agreed to sell its international ad network platform to Imon Media Ltd. for about $8 million.