Daily Deal Activity 12/3/12

Acquisitions:

Digital Risk, a mortgage management company, was acquired for $175 million by India-based MphasiS (BSE:526299), which provides application development and maintenance, infrastructure outsourcing, and business process outsourcing services. Digital Risk’s solutions include software, analytics, and forensics solutions that mortgage providers and insurers can employ to reduce risk of default and ensure regulatory compliance. The company was purchased from Century Capital Management. Under the terms of agreement, there will be an additional undisclosed earn-out component to the consideration.

DeFazio Communications, a public relations agency that specializes in media relations services for corporations and emerging growth companies, was acquired by Diccicco Battista Communications (DBC), a full-service brand communications firm providing brand management services and messaging strategies. The acquisition will enhance DBC’s practice by strengthening its media relations capabilities and expanding its financial and real estate clientele. Terms were not disclosed.

Brandconsulting and design firm Figtree, was acquired by Prophet, a strategic brand and marketing consultancy. Based in London and Hong Kong, Figtree has led brand positioning, naming, visual identity, and employee engagement projects for such blue-chip brands as HTC, Blackberry, Orange, AXA, Schneider Electric, and Thyssen-Krupp. Terms of the deal were not disclosed.

Mobivity Holdings, announced that it has entered into a non-binding letter of intent to acquire the assets of Sequence, which has developed the Stampt mobile loyalty application that has been utilized by more than 1,000 local advertisers across the U.S. Terms were not disclosed.

CCC Information Services, a provider of software and workflow tools to the insurance automotive claims and collision repair industries, sold a majority stake to Leonard Green & Partners, for an undisclosed amount. Committed debt financing has been provided by certain affiliates of Goldman Sachs, including its principal mezzanine funds and J.P. Morgan.

RentStuff.com, a community marketplace and platform that connects people with other individuals and rental businesses nearby to rent out various items, was acquired in an all-cash transaction by Rental Compare, which also operates an online rentals company. In April, Rent Stuff raised $0.66 million in seed funding led by Solidus, with participation from Chattanooga Renaissance Fund and angel investors. RentStuff is also a portfolio company of the Angel Investor Management Group. Terms were not disclosed.

Mercury Business Solutions (dba iPhonesIntoCash.com), a provider of iPhone recycling services, was acquired by Mindful eCycling, an electronic recycling company that partners with socially conscious charities to build electronics trade-in programs that promote societal and environmental sustainability. Terms of the deal were not disclosed.

China-based Balanced Worlds Studios, a team that specializes in action-oriented 3D social games for the Web and mobile devices, was acquired Kabam, a developer of multiplayer games on mobile, online, and social networks. Terms were not disclosed.

Competitor Group, a media and entertainment company focused on endurance sports, was acquired by Calera Capital, from Falconhead Capital. The company was founded by Falconhead in 2007 through the simultaneous acquisition and combination of three separate endurance sport event and publishing enterprises. Terms were not disclosed.

CSC Credit Services,a subsidiary of Computer Sciences Corporation (NYSE:CSC), has agreed to sell certain credit services business assets and operations to Equifax (NYSE:EFX). CSC provides consumer credit services and related information to users of financial and credit information. Terms were not disclosed.

ExpenseWire, a company offering expense report automation solutions for SMBs, was acquired by Paychex (NasdaqGS:PAYX), a provider of payroll, human resource, and benefits outsourcing solutions for SMBs, from Rearden Commerce. The acquisition of ExpenseWire gives Paychex the ability to further enhance its Paychex One-Source Solutions, a comprehensive suite of scalable workforce solutions. Terms were not disclosed.

Spain-based invoicing software provider Mensaelect, was acquired by Solera Holdings (NYSE:SLH), a provider of software and services to the automobile insurance claims processing industry. Mensaelect’s Web-based solution streamlines the invoicing process between auto body shops and insurers and provides body shops with more efficient payments from insurance companies. Terms were not disclosed.

InfoMedics, which provides patient feedback solutions for pharmaceutical and healthcare companies, was acquired by Physicians Interactive, a provider of online, point of care, and mobile clinical resources and solutions for healthcare professionals. The addition of InfoMedics, Physicians Interactive’s fourth acquisition, provides its first platform to directly reach patients in ways that will raise the quality of care, better connect patients and physicians, and improve adherence to physician prescribed therapies. Terms of the deal were not disclosed.

John M. Campbell & Co., a provider of facilities engineering training solutions in the oil and gas industry, was acquired by PetroSkills, a portfolio company of BV Investment Partners. Terms were not disclosed.

NetLearning, an online learning solutions provider developing products specifically for the healthcare industry, was acquired by HealthcareSource, which provides talent management software for the healthcare industry. The combination of HealthcareSource and NetLearning results in the first company to provide a complete, end-to-end talent management solution designed specifically for healthcare. Terms of the deal were not disclosed.

Investments:

1stdibs, which operates an online market place for decorative arts, raised $42 million in funding from Benchmark Capital, an early supporter of eBay (NasdaqGS:EBAY), which last year paid $60 million for a stake in the company. 1stdibs reportedly brings in annual revenues between $10 million and $15 million.

Smartsheet.com, a provider of an online project management and collaboration tool, raised $26 million in Series D funding led by Insight Venture Partners. This brings the company’s total investments to nearly $34 million. The company’s cloud-based application is used to track and manage various types of work, including team projects and task lists, customer information, sales pipelines, event schedules, business processes, crowdsourcing, marketing, goals and objectives tracking, human resources, and information technology.

Community-generated media site Wikia, raised $10.9 million in Series C funding led by Institutional Venture Partners, with participation from existing investors Bessemer Venture Partners and Amazon.com (NasdaqGS:AMZN). The round was completed at a valuation of approximately $100 million. The infusion brings Wikia’s total outside funding to $25 million and will enable the startup, which has been profitable since 2009, to more quickly scale operations and develop mobile and video components that will define the next iteration of the six-year-old company.

Cinemagram, which operates a mobile social network for short, hybrid photo-videos, received $8.5 million led by Menlo Ventures, with participation from Atlas Venture, Khosla Ventures, and Real Ventures. The investors who participated in Cinemagram’s Series A round had previously provided $1 million in bridge funding for the company over the summer.

Talko, a company operating in the Mobile-Backend-as-a-Service (MBaaS) market, raised $4 million in funding to develop its mobile communications apps and services. Little is known about the company except that it is developing communications software and tools for social interaction.

France-based Mailjet, a provider of cloud-based email management software, raised $3.3 million from Alven Capital and private investors. Alven invested $2.6 million of the round.

Plivo, a company operating a framework that enables users to build telephony applications ranging from click-to-call systems to complex applications, such as interactive voice responses, voice-mail systems, billing systems, or call center applications, raised $1.75 million in convertible debt from Andreessen Horowitz, Battery Ventures , Qualcomm Ventures, and SV Angel. This round brings the company’s total funding to approximately $2 million.

My-Apps.com, which provides an application development tool, raised $1.5 million in funding from Russia-based Financial Group Life, which earlier this year created a $10 million tech venture fund. My-Apps specializes in technologies to make mobile app creation easier for people without developing experience. It also has a B2B operation for the bespoke creation of enterprise apps.

Enthuse, a company operating an app that gives fans the ability to connect with their favorite sports teams via their mobile devices and get rewards for checking into games, raised $1.3 million in funding from Allegro Venture Partners, Bee Partners, and a number of angel investors. Enthuse is also looking to partner with major league sports franchises to build their programs on the Enthuse platform and have already signed a deal with several NBA and NHL teams.

TrueLens, a social media monitoring firm that maps social data against companies’ customer databases, raised $1.2 million in seed funding led by Google Ventures, with participation from Charles River Ventures, Common Angels, 500 Startups, , and individual investors.

Poland-based DocPlanner, an online medical and dental appointment scheduling startup, raised $1 million in Series A funding to expand its geographical footprint beyond the five European markets it currently operates in to five more. Investors in the round include Point Nine Capital, Piton Capital, local health technology fund RTA Ventures, and local business angels.

Austria-based Prediki Prediction Services, an analytics software company whose core product is a service that enables users to make collaborative predictions and analysis for future questions of all kinds, raised $0.65 million in funding from Austria’s federal promotion bank Austria Wirtschaftsservice, which is funded by the country’s ministry of economics.

Advertising services company Skyscraper, which aims to make direct ad sales easier for bloggers, raised $0.5 million in seed funding led by individual investors. Skyscraper gives its users a visual editor for adding advertising space to their blogs and handles all the work around invoicing, scheduling, reporting and, of course, ad serving.

Fitness Interactive Experience, a developer of health activity games, has raised an undisclosed amount of seed funding from BVM Capital.

 

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