Nelson Mullins Riley & Scarborough issued the following announcement on Feb. 25.
Partners Jackson Hwu (Miami) and Caio Prado (New York) represented Miami-based AI/IoT companies Admobilize and Matrix Labs in their acquisition by Rokk3r, a Miami-based company that invests in creating, acquiring, and integrating companies.
Admobilize quantifies digital advertising in the physical world so marketers can better reach their target audiences.
The deal value was $19.5 million. Tax partner Wells Hall and tax associate Chip Gray also worked on the transaction.
Original source can be found here.