Rokk3r’s $19.5 Million Acquisition of Admobilize

Nelson Mullins acted for Miami-based AI/IoT companies Admobilize and Matrix Labs in the acquisition.

Miami-based AdMobilize and its spin-off, Matrix Labs, announced that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding 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 Nelson Mullin team was led by partners Jackson Hwu (Picture, Miami) and Caio Prado (New York). Tax partner Wells Hall and tax associate Chip Gray also worked on the transaction.

Involved fees earner: Chip Gray – Nelson Mullins Riley & Scarborough LLP; Wells Hall III – Nelson Mullins Riley & Scarborough LLP; Jackson Hwu – Nelson Mullins Riley & Scarborough LLP; Caio Prado – Nelson Mullins Riley & Scarborough LLP;

Law Firms: Nelson Mullins Riley & Scarborough LLP;

Clients: Admobilize; Matrix Labs;

Martina Bellini

Author: Martina Bellini