Acast buys Backyard Ventures for $20 million cash-and-stock deal

Reuters2026/08/11 16:01

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Acast bought Backyard Ventures, a US creator network spanning audio, YouTube, newsletters, and social, to expand omnichannel monetization capabilities.
Total consideration USD 20 million: USD 16 million cash at closing, USD 4 million in Acast shares on a deferred schedule.
Consideration shares set at 1,005,671, based on the 30-day VWAP before closing; maximum dilution about 0.6% if newly issued.
Backyard Ventures generated USD 16.1 million revenue in 2025; revenue CAGR 65% since 2023; adjusted EBITDA margin 12%.
Team will remain; Austin operation becomes Acast’s base in the city; Backyard Ventures brand to be retired during integration.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Acast AB (publ) published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Acast buys Backyard Ventures for $20 million cash-and-stock deal

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