Next Sparc Acquires Leading Social Automation Company Tiger Pistol
Cleveland, OH –Next Sparc recently acquired Tiger Pistol, the world’s #1 social advertising automation platform for local, providing investment and strategic partnership to accelerate and enhance the company’s growth strategy.
For nearly a decade, Tiger Pistol has been obsessively focused on building the world’s most effective social advertising platform for global brands, resellers, and agencies who realize the power of local activation at scale. As a Facebook Marketing Partner and the largest third-party publisher of social advertising for local, Tiger Pistol creates, deploys, manages, and optimizes high-performance Facebook and Instagram ads at unprecedented scale, with more than 650,000 Facebook and Instagram campaigns published. Tiger Pistol’s first of its kind technology delivers meaningful and measurable business impact for brands, resellers, and agencies alike, helping to unlock value and efficiency through innovation-led social advertising automation.
“Tiger Pistol offers an attractive specialty with its local social advertising platform, and favorable industry dynamics shows strong demand for the platform due to the rise of social media and consumer screen time” said Next Sparc Partner Nathan Carmon. “Next Sparc offers the financial resources and additional expert abilities to shepherd in the next stage of company growth.”
“Social advertising is the fastest growing segment of digital ad spend, projected to grow at a greater than 30% compound annual growth rate to $242.7B by 2023,” said Len Pagon, Chairman and CEO of Next Sparc, LLC. “With Facebook controlling more than 80% of the global market share of social media advertising spend, Tiger Pistol’s social advertising automation platform is uniquely positioned to take advantage of growth within the Facebook ecosystem (Facebook, Instagram, WhatsApp, Marketplace).”
With headquarters in Austin, TX and offices in Cleveland, OH and Los Angeles, Tiger Pistol’s social advertising automation platform is the dominant solution for multi-location marketers. Tiger Pistol’s customers span multiple industries, including real estate, financial services and insurance, consumer products, retail, restaurant and food service, and value-added resellers.