10:03 AM EDT, 09/24/2025 (MT Newswires) -- Shares of Integral Ad Science ( IAS ) soared on Wednesday after the digital ad verification company agreed to be acquired and taken private by Novacap in an all-cash deal worth $1.9 billion.

Shareholders of media measurement and optimization platform Integral Ad Science ( IAS ) will receive $10.30 per share from the private equity firm, according to a joint statement. That represents a premium of about 22% to the stock's closing price on Tuesday.

The deal, which requires regulatory approvals, is expected to complete before the year ends, the companies said.

The stock was up 20% in Wednesday trade, trimming its year-to-date losses to 2.3%.

"As a private company with the support of Novacap, we will have access to new resources to achieve our strategic goals and further build upon the differentiated value we bring our customers as we advance our mission to be the global benchmark for trust and transparency in digital media quality," Integral Ad Science ( IAS ) Chief Executive Lisa Utzschneider said.

Last month, Integral Ad Science ( IAS ) posted second-quarter earnings of $0.10 per share, compared with $0.05 a year earlier, as revenue jumped 16% to $149.2 million. At the time, it expected full-year revenue of $597 million to $605 million.

Integral Ad Science ( IAS ) will continue to retain its name. Shareholder Vista Equity Partners will conclude its investment in the company upon deal completion, according to the Wednesday statement.

"We look forward to partnering closely with (Integral Ad Science ( IAS )) to accelerate its pace of innovation to deliver even more powerful advertising solutions for customers around the world," Samuel Nasso, a partner at Novacap, said.

Price: 10.18, Change: +1.72, Percent Change: +20.33