Daily Deal Activity 02/06/13

Digital Media/Commerce

local search

Airtasker has acquired fellow startup TaskBox. Both companies offer a platform for people to outsource everyday jobs such as house cleaning, pickups, and deliveries of items. Terms were not disclosed.

mobile content/apps

eBook Architects, an firm specializing in designing a wide range of eBooks for tablet and mobile devices, was acquired by Firebrand Technologies, a digital publishing services and software vendor. Terms were not disclosed.

mobile content/apps

Livefyre, a provider of social commenting and real-time applications, has raised $15 million in Series C funding led by U.S. Venture Partners, with participation from return backers Greycroft Partners, Cue Ball, HillsVen Group, and ff Venture Capital.

mobile content/apps

Brazil-based iFood, which offers a mobile food ordering app, has raised $2.6 million in strategic funding from Brazil-based mobile content company Movile.

Digital Advertising

Mobile marketing

Broadtexter, which offers a text messaging marketing platform, was acquired by Tatango, which also operates as a text message marketing provider. This purchase, coupled with the recent acquisition of HungryThumb, a restaurant text message marketing platform, augments Tatango’s role as a leader in driving SMS marketing forward. Terms were not disclosed.

Marketing Technology

commerce management

Channel Intelligence, a provider of on-demand data solutions that help online consumers find and buy products on retailer sites, manufacturer sites, or destination shopping sites, has been acquired for $125 million in cash by Google (NasdaqGS:GOOG), from private equity and venture capital firm ICG Group (NasdaqGS:ICGE). The company’s tools help marketers to outperform online with CI Boost services, which include Facebook Platform, Where-to-Buy, Product Search Engines, and Shopping Engine solutions. The deal is expected to close in the first quarter of 2013.

content management

Engagio, which offers a social Web platform and browser plug-in for searching, discovering, and following social conversations, was acquired by Canada-based Influitive, an advocate marketing company serving B-to-B marketers.  Engagio will be added to Influitive’s current tools and best practices that are intended to improve brand recognition, website traffic, search rankings, lead generation, and sales conversion.

content management

TeamSnap, the creator of a mobile and Web service for managing groups, has closed a $2.75 million round of financing led by Canada-based Torstar, a media company that owns the Toronto Star newspaper. TeamSnap previously raised approximately $1.6 million over two financing rounds.

media management system

IMD has acquired the eBUS Media Network to create a worldwide footprint for digital TV ad delivery. eBUS, which has offices in Singapore, Australia, India, and New Zealand, provides video content management and distribution tools for Asian advertising and media market. Terms of the deal were not disclosed.

mobile technology

Urban Airship, which provides a  way to deliver real-time push notifications and in-app purchase content for mobile developers, has raised an additional $25 million in outside funding led by August Capital, and included participation from existing investors Foundry Group, Intel Capital, True Ventures, and Verizon Communications (NYSE:VZ). The additional financing brings the company’s total raise to date to $46.6 million. In December the company also acquired Tello, which offers a visual pass builder for the Apple passbook.

social technology

Sprinklr, a provider of social media management solutions for enterprises, raised $15 million in Series B funding from current investor Battery Ventures and new investor Intel Capital. Sprinklr’s tools help customers increase revenue through improved engagement with fans as advocates, cut costs by improving customer support, and minimize risk by ensuring that brand guidelines are in place for all outbound and inbound social communications. The company has now raised approximately $20 million.


ShowUhow, which has developed a Web-based sales and customer support platform for manufacturers and retailers, was acquired by SellPoint, a publisher of video and interactive product content for consumer brands to online retail shopping sites. The company offers a 360 degree Product Experience Platform that enables manufacturers and retailers to offer a series of on-demand, video-based product guides for every stage of the customer lifestyle, such as pre-sale, installation, feedback, and repeat business through brand loyalty. Terms of the deal were not disclosed.

web to print

Israel-based Scodix, a maker of digital enhancement presses, confirmed it has raised $14 million in a round led by Lightspeed Venture Partners, joined by Sequoia Capital and Israel Cleantech Ventures. Scodix’ digital presses enable customers to print items such as glossy marketing materials, greeting cards and industrial packaging. The company has raised $30 million to date.


dm agency

Specialists Marketing Services, a direct marketing company offering list management and brokerage, insert media advertising, direct data, and targeted and email marketing, was acquired by multi-channel marketing solutions provider Take 5 Solutions. Post acquisition, the merged company will be known as SMS Marketing Services. Terms were not disclosed.

experiential marketing

UK-based Taste Festivals, which organizes a number of international festivals that bring together restaurants and chefs to offer signature dishes and inspiration to thousands of foodies, has been acquired by IMG Arts and Entertainment, a subsidiary of sport, entertainment and media company IMG Worldwide. The company was sold by Brand Events and its investor Ingenious Media Active Capital. Terms of the deal were not disclosed.

social agency

Kip Solutions, a social media, cause marketing company that helps social impact companies disseminate their message using social media and the Web, has been acquired by full service communications firm Post+Beam. Kip Solutions will continue to run as a separate brand until June 2013 when it will be integrated into Post+Beam. Terms were not disclosed.

Marketing Services

printing services

Label World, a full-service printer specializing in labels and flexible packaging printing, was acquired by printing and label converter WS Packaging Group. Terms were not disclosed.

traditional Media

cable & satellite television

UK-based Virgin Media (NasdaqGS:VMED), which provides various entertainment and communications services, is being acquired by international cable company Liberty Global (NasdaqGS:LBTY.A). The implied purchase price, before taking into account transaction costs and other expenses, represents an equity value of approximately $16.0 billion and an enterprise value of approximately $23.3 billion. Under the terms of the deal, Liberty Global offered a package of $5.9 billion in cash and the rest in stock that it valued at $47.87 for each share in Virgin Media, a 24 percent premium over Virgin Media’s closing price on February 4, 2013. The takeover ranks as one of the 10 largest cable deals of all time, according to figures from Thomson Reuters. After the deal, roughly 80 percent of Liberty Global’s revenue will come from just five attractive and strong countries — the UK, Germany, Belgium, Switzerland, and the Netherlands.


data center technology

ANTs Data Server, which offers a database that enables high-performance data management and is designed to run a company’s mission critical applications, has been re-acquired by ANTs Software (OTCPK:ANTS), which develops and sells data management architectural products and solutions. The purchase returns the full featured, standards-compliant relational database management system to its founding company. Terms were not disclosed.


Application Management software, Database Management services

Cloudant, a company offering a distributed database as a service (DBaaS) API that scales and manages the databases behind Web and mobile apps, has raised an undisclosed amount of funding from Samsung Ventures. Aside from this funding and an undisclosed investment last year from In-Q-Tel, Cloudant has raised approximately $4 million in equity from Y Combinator and Avalon Ventures.

collabortaion, engineering

UK-based 4Projects, which offers cloud-based collaboration software solutions for the building and infrastructure sectors, was acquired by Viewpoint Construction Software, a company providing software solutions to manage areas of finance and operations for construction contractors. The UK-based company has 61 employees who will join the Viewpoint team and over 40,000 unique monthly users employing its software. Terms were not disclosed.


Oak Investment Partners, which worked together with nonprofit hospital-system operator Geisinger Health System to spin out, xG Health Solutions, has announced its $40 million investment in the newly launched company in exchange for equity. XG Health will offer intellectual property developed at Geisinger as a for-profit business, offering consulting, data analytics, care management software, and various products to help with administration.


PhishLabs, an Internet security startup, has raised $1.2 million in Series A funding from individual investors.

Information & Business Services

bpo, crm

Philippines and U.S.-based SPi Global, a company offering voice and non-voice business process outsourcing, and customer relationship management services, has agreed to sell an 80 percent stake to CVC Capital Partners, for approximately $320 million. The stake was previously owned by Philippines-based wireless telecommunications services provider Philippine Long Distance Telephone Company (PSE:TEL).

it consulting/systems integration

Think Big Analytics, which provides data science software and engineering services that enable customers to analyze their data faster, has raised a $3 million round led by Daniel Scheinman with participation from WI Harper Group. The company selects and assembles the technologies that best suit each customer’s business case, then applies new techniques and big data analytics models to harness value from big data.

marketing data

Ireland-based UBM (LSE:UBM) has received a binding offer from Electra Partners to acquire its Data Services businesses (“Delta”), for a total consideration of $250.5 million. Delta represents the bulk of UBM’s Data Services segment, which provides data and information products which professionals use to support their decision-making and day-to-day marketing and analytics activities. In 2012, these businesses generated revenue of $291.4 million and adjusted operating profit of $44.5 million.


Perioperative Nurses, a company that provides experienced OR, PACU, endoscopy, and pain management personnel to hospitals and surgical centers on a temporary or permanent basis throughout the U.S., was acquired for an undisclosed amount by Alliant Staffing. The acquisition continues to strengthen Alliant’s position as the market leader in per diem and travel nurse staffing.



Online scrapbooking company Pinterest, which last month disclosed a $30 million funding round from SV Angel at a $1.5 billion valuation, is reportedly in talks to raise a new round of financing at a $2 billion to $2.5 billion valuation. The company’s current investors include Rakuten (JASDAQ:4755), Bessemer Venture Partners , Andreessen Horowitz, and FirstMark Capital.


About Petsky Prunier
Petsky Prunier is one of the leading investment banks in the technology, media, marketing, eCommerce, and healthcare industries. Our firm's mergers and acquisitions and private placements advisory services reflect a unique blend of product specialization and industry expertise. Together with strategic consulting firm Winterberry Group, a Petsky Prunier company, our organization represents one of the largest industry-specific advisors providing strategic and transactional services. In addition, we offer international reach through our partnership with investment bank Altium, which operates from nine offices across Europe. Securities transactions are processed through Petsky Prunier Securities LLC, a member of FINRA and an affiliated entity.

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