Perion Network acquires PRN (Premier Retail Networks)

● STRATEGIC | MARTECH · Ad Tech & Measurement

AUGUST 26, 2026

Perion Network Ltd. acquires PRN (Premier Retail Networks) (Stratacache)

TARGET

In-store retail media network operator providing software, content management, ad sales, and measurement across exclusive multi-year digital signage networks inside major North American retailers including warehouse club, pharmacy, big-box, and grocery chains.

Deal value	$12M transaction value
EBITDA	Approximately $3 million adjusted EBITDA by 2027 (before synergies)
Ownership	PE-backed · Stratacache (prior owner)
Headcount	454 FTEs
Headquarters	San Francisco, California
Leadership	Kevin Carbone, CEO
Sell-side advisor	—

ACQUIRER

Perion Network Ltd.

AI-native omnichannel digital advertising platform spanning programmatic DOOH, CTV, retail media, commerce, and social for advertisers, agencies, and publishers.

Ownership	Publicly traded (NASDAQ: PERI)
Capital raised	$76.7 million
Headcount	420 FTEs
Headquarters	Tel Aviv, Israel
Leadership	Tal Jacobson, CEO
Buy-side advisor	—

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Perion Network Ltd. -> PRN (Premier Retail Networks)  (2026-09-18)
strategic_acquisition | MarTech | $12 million transaction value | announced
Target: In-store retail media network operator providing software, content management, ad sales, and measurement across exclusive multi-year digital signage networks inside major North American retailers including warehouse club, pharmacy, big-box, and grocery chains.
Website: prn.com | Buyer site: perion.com
HQ: San Francisco, California | Ownership: pe-backed | Seller: Stratacache | Buyer ownership: public (NASDAQ: PERI)
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/perion-network-ltd-prn.html

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