mynth
06/2026100%

Vibe acquired by Walmart

UNITED STATES Software / AdTech EV $1–10bn

Context

Walmart has entered into an agreement to acquire Vibe, a leading connected TV advertising specialist founded by French entrepreneurs Arthur Querou and Franck Tetzlaff. The transaction, which is subject to customary regulatory approvals, is part of Walmart's strategy to bolster its advertising capabilities and accelerate the growth of its retail media ecosystem. This acquisition enables Walmart to gain a cutting-edge technology platform in the connected TV segment, a critical advertising channel for brands seeking to combine targeting, performance measurement, and access to massive audiences. The acquisition complements Walmart Connect's existing capabilities, the company's advertising division, as well as the media assets acquired through the purchase of Vizio. Together, these platforms will allow Walmart to offer brands comprehensive advertising solutions that span the entire consumer journey, from video campaign exposure to purchase. For Vibe, the deal marks a significant milestone following a period of rapid growth in the North American market. By joining Walmart, the company will gain privileged access to one of the world's largest transactional databases and a vast network of advertisers. This combination is expected to drive product innovation, enhance advertising targeting capabilities, and expand the adoption of performance-oriented connected TV campaigns. The founders and teams of Vibe are expected to integrate into Walmart's organization to continue developing the platform. This move will enable Walmart to further strengthen its position in the rapidly evolving advertising landscape, while Vibe will benefit from the resources and expertise of a global retail leader.

In the past, Vibe was acquired by Hedosophia in 2025 as part of its expansion strategy.

Vibe, which reported an EBITDA margin of [members only] in 2026, is valued in this transaction at an EV/EBITDA multiple of [members only].

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Target

Founded in 2022 by French entrepreneurs Arthur Querou and Franck Tetzlaff, Vibe is a cutting-edge advertising platform specializing in Connected TV (CTV), a rapidly growing segment driven by the rise of streaming and shifting media consumption habits. The company has developed a proprietary technology that enables advertisers to purchase, manage, and measure ad campaigns across leading streaming platforms with the same ease and efficiency as they would on search engines or social media. Positioned at the intersection of adtech, digital television, and artificial intelligence, Vibe bridges the gap between advertisers and premium ad inventory offered by top TV channels and apps. Its self-service platform democratizes access to a medium traditionally reserved for large corporations, allowing small to medium-sized enterprises (SMEs) to launch targeted campaigns with flexible budgets. Additionally, the company offers AI-powered automation and content creation tools to streamline the design and optimization of ad content, making it easier for advertisers to produce high-performing ads.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2026
$150–250M
[members only]
[members only]
2025
$150–250M
[members only]
[members only]

Other operations with Vibe

Other operations with Vibe
DateAcquirerTargetCountrySector
09/2025HEDOSOPHIAVIBEUNITED STATESAdTech

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REFERENCES

Valuation range: EV $1–10bn

Revenue range: $150–250M

EV/Revenue range: 4x - 10x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Vibe by Walmart are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: vibe

FAQ

What transaction does this page cover?

This page covers Walmart’s acquisition of 100% of Vibe, an American company specialised in AdTech, in 2026. This followed an earlier holding cycle initiated in September 2025, when the company was acquired by Hedosophia.

How was the acquisition of Vibe by Walmart valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band and its EV/revenue multiple within the 4x - 10x range. Exact figures are available to members.

What was Vibe’s revenue at the time of the deal?

At the time of the transaction, Vibe’s annual revenue was estimated within the $150–250M range (FY 2026). Detailed financial figures are available to members.

What sources support the information on this transaction?

Data on this transaction was compiled from the official corporate announcement published by the parties, combined with independent reporting from specialized financial and M&A publications.

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