Creative Realities Inc. has completed its acquisition of Cineplex Digital Media (CDM) for CAD $70 million in cash. The deal more than doubles the size of Creative Realities and brings Canada's largest mall retail media network into its portfolio, adding over 750 digital Out-of-Home screens across 95 shopping destinations. CDM reported sales of nearly CAD $56 million in 2024 and is expected to achieve 25% year-over-year growth in 2025. The combined company anticipates annualized cost synergies of at least USD $10 million across North America by the end of 2026, driven by operating efficiencies and integration of Creative Realities' technology platforms. The acquisition was financed through a mix of debt and preferred equity. Three new directors have also been added to the board as part of the expansion.