‘We are looking more now’: The Trade Desk is eyeing the M&A aisle
Digiday ·
The Trade Desk’s CEO says the company is looking harder at M&A than ever before.
The Trade Desk has spent a decade as a public company buying close to nothing. On Monday night, CEO Jeff Green suggested that streak is up for review.
Asked about M&A on the company’s third quarter earnings call, the ad tech boss said the demand-side platform is combining the market for deals more closely than at any point in its history. He said: “Our philosophy on M&A has not fundamentally changed. We are always looking, and I will just transparently say we are looking more now than we historically have, partly because I just think there is a bunch of opportunity in the market that there has not been in the past.”
For a company whose deal record fits on an index card, that’s quite the admission.
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