03/06/12

Acquisitions:

Adcieo, a digital marketing firm serving the nonprofit community with expertise in web design, the development, deployment and management of integrated marketing campaigns, social media solutions, data management and conversion, and mobile apps, was acquired by L.W. Robbins Associates, a full service direct response agency that specializes in the nonprofit industry. L.W. Robbins has made no prior acquisitions. Terms were not disclosed.

AKMG, an international performance-based online advertising agency, was acquired by Canada-based Neverblue Media, which operates as an online marketing company that focuses on lead generation and client acquisition for advertising clients in Canada, France, Germany, and the U.K. AKMG specializes in email marketing, which Neverblue Media will add to its Web-based and mobile performance marketing offerings. This marks the first acquisition for Neverblue Media, which was acquired by Vertrue, an Internet marketing services company offering membership rewards, in 2007. Terms were not disclosed.

U.K.-based FRUKT Communications, a strategic and creative music and entertainment agency, was acquired for an undisclosed amount by The Interpublic Group of Companies (NYSE:IPG). This year IPG also announced the acquisition of FUSE and NICOLE WEBER communications via its subsidiary GolinHarris, a public relations services provider.

Beijing-based digital agency eLink Advertising, was acquired by media communications and market research services provider Aegis Group (LSE:AGS). Founded in 2007, eLink operates as a full-service digital agency specializing in marketing communications strategy, online media buying and online PR, as well as website design. The company has 75 employees. eLink will become a group company within Isobar China. Terms were not disclosed.

Ireland-based social media agency Simply Zest, which offers design, applications building, blogger outreach, and social media training services, was acquired for an initial consideration of £1.7 million ($2.7 million) by U.K-based UTV Media (LSE:UTV), a provider of radio, television, new media, and publishing services. Depending on future trading performance, the price may climb to a maximum of £5 million ($7.9 million).

DaVinci Marketing Technologies, an email technology service provider, was acquired by AccuData Holdings, a Compact Information Systems subsidiary that offers national direct marketing databases. Following the transaction, DaVinci will become part of the AccuData operating division. Terms were not disclosed.

Connotate, which aims to help companies collect data and content from the Web and transform this unstructured data into actionable enterprise intelligence, has acquired fellow competitor Fetch Technologies, for an undisclosed amount. Fetch Technologies helps companies access massive amounts of real-time Internet data, especially in the areas of retail and background checks. Terms were not disclosed.

Direct marketing company KM Lists, which offers access to business mailing lists, consumer marketing lists, opt-in email marketing lists, and other direct marketing lists, was acquired by Redi-Data, a provider of healthcare professional, consumer and business data, and email lists. KM Lists has product and industry experience across a number of data verticals, but emphasizes healthcare. Terms were not disclosed.

Print1 Direct, a provider of print-on-demand, direct marketing, and document output services, was acquired by a digital print communication company First Edge Solutions, which offers multichannel national distribution strategy consulting. This is First Edge Solutions first acquisition since its founding in 2003.

Ongame Network, which provides online poker software solutions, was acquired for $25.8 million by Shuffle Master (NasdaqGS:SHFL), a supplier of automatic card shufflers and proprietary table games. Shuffle Master may pay up to an additional $13 million within five years of closing if real-money online poker becomes legal in the U.S. within that time.

Social Concepts, the parent company of mobile social casino game developer Self Aware Games, was acquired by Big Fish Games, which develops and distributes casual games for PC, Mac, mobile phone, cloud, and tablet devices. Self Aware’s 23 employees will join Big Fish Games’ more than 500 employees. Terms were not disclosed.

MCA Solutions, a provider of service planning and optimization software solutions and services, was acquired by Marlin Equity Partners. MCA, which will be merged with existing Marlin portfolio company Servigistics, had raised funding from Battery Ventures, Longworth Venture Partners, and Ben Franklin Technology Partners. Terms were not disclosed.

TestFlight, a provider of beta distribution solutions for iOS developers, was acquired by Burstly, which operates an ad management platform for mobile application developers. Burstly had raised just over $7 million from GRP Partners, Rincon Venture Partners, and SoftBank Capital. Terms were not disclosed.

Phacts, a hospital pharmacy technology and consulting company, was acquired by CareFusion (NYSE:CFN), a medical technology company operating in two segments, Critical Care Technologies, and Medical Technologies and Services. The acquisition is designed to advance CareFusion’s strategy of offering end-to-end medication management systems to hospitals. Terms were not disclosed.

InnerOffice, a health information management consulting company, sold its medical transcription business to IMedX, a healthcare software and services company providing medical transcription and medical software products and services to hospitals and medical practices. The deal will expand its customer base in Ohio, where InnerOffice is based. Terms were not disclosed.

Investments:

German publisher Axel Springer (DB:SPR) has signed a deal with General Atlantic which will see the private equity firm take a 30 percent stake in its online classified advertizing business. General Atlantic will pay Springer €237 million ($313.6 million), and provide a €460 million loan. The deal will create a new offshoot called Axel Springer Digital Classifieds GmbH.

Jumio, a provider of image recognition and mobile payment solutions, raised $25.5 million in Series B funding led by Andreessen Horowitz. The company previously raised $6.5 million in Series A funding led by Facebook co-founder Eduardo Saverin.

DocuTAP, a provider of EMR and practice management software to assist physicians with workflow management, raised $12 million in funding from Bluff Point Associates. DocuTAP’s software features automated and customizable tools that enhance healthcare providers’ ability to deliver and manage patient care.

Commerce Guys, a provider of Drupal-based eCommerce solutions, raised $5 million in Series A funding led by Alven Capital, with participation from Open Ocean Capital and ISAI. Commerce Guys will use the new capital in part to hire 30 employees, half based in Paris and half in the U.K. and France.

SignNow, a startup that develops an eSigning service, raised $2 million in funding from Khosla Ventures. The company raised $0.5 million in a previous round. SignNow’s goal is to revolutionize consumer use of eSignatures and eliminate the need for fax machines, scanners, and printers. Today, the company is also announcing a free app, which allows people to sign any document from their iPad and get other people’s signatures as well.

Yippy, which operates a family friendly search engine and web portal, raised $2 million in funding through a structured secured debt agreement with the Magna Group. The funds will be used to launch a major marketing campaign for the company.

Dollar Shave Club, which operates an eCommerce Website for razors, raised $1 million from Kleiner Perkins Caufield & Byers and Andreessen Horowitz. Dollar Shave Club is the latest company to emerge from Science, Inc., the incubator whose partners include former MySpace CEO Mike Jones and Color co-founder Peter Pham.

Wallit, which provides a mobile app that allows users to view and post to virtual walls, raised $1 million in seed funding from Storm Ventures, Tenex Capital Fund, DBO Capital, Orrick Venture Fund, and a number of angel investors.

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