Banzai Completes Acquisition of Vidello, Growing TTM Revenue 59% and Adding $2M in EBITDA
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Banzai International, Inc. (NASDAQ: BNZI) has completed its acquisition of Vidello, enhancing its portfolio with advanced video creation and marketing tools. This acquisition is projected to boost Banzai's revenue by $6.5 million and EBITDA by $2 million, reflecting a 59% increase in TTM revenue.
February 03, 2025 | 1:45 pm
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Banzai International has completed its acquisition of Vidello, which is expected to increase its revenue by $6.5 million and EBITDA by $2 million. This acquisition enhances Banzai's offerings in video marketing solutions.
The acquisition of Vidello is a strategic move for Banzai, expected to significantly boost its financial performance with a 59% increase in TTM revenue and an additional $2M in EBITDA. This positions Banzai strongly in the video marketing sector.
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IMPORTANCE 80
RELEVANCE 100