Daily Deal Activity 10/07/13

Digital Media/Commerce

ecommerce

On the Beach, a UK-based online travel agency, was acquired for £73 million ($117.4 million) by Inflexion Private Equity, from ISIS Equity Partners. The company operates a single online brand, focusing on short-haul packaged beach holidays.

niche content

Govtoday, a digital media platform that provides public sector and government news, including views from various fields of local and central government, has raised $1.13 million in funding from AXM Venture Capital, The North West Fund, and Osprey Capital.

Marketing Technology

analytics/reporting, big data technology

ERN Global, an analytics company for transactional big data, has raised $1 million in seed funding from unnamed investors, bringing the total raised to $5.6 million. ERN’s platform brings together card payment and merchant data in real time to enable banks and retailers to see detail corresponding to single purchases.

commerce management

(10/2/2013) Runa, a software company that helps online retailers increase sales by personalizing the shopping experience via personalization algorithms, was acquired for an undisclosed amount by Staples (NasdaqGS:SPLS). Specifically, Staples will be incorporating two services developed by Runa: PerfectOffer for automated personalized offers in real-time; and PerfectShipping for real-time delivery estimates and free-shipping offers.

content management

Netherlands-based Silk, a provider of a cloud-based data publishing platform, has raised $1.6 million in new seed funding from New Enterprise Associates. The company’s Web app lets users collect, sort, visualize, and store rich information in a structured way.

crm, social technology

Sparkcentral (fka TwitSpark), a platform that allows teams within larger enterprises to follow up on customer service and engagement over Twitter and Facebook, has raised $4.5 million in Series A funding from individual and angel investors. The company previously raised $1.1 million from Limburgse Reconversie Maatschappij. Sparkcentral offers private tags, search monitoring, conversation history, multi-user permissions, and automatic follow-up on social platforms.

mobile technology

Mobile engagement platform Appoxee has raised $1.8 million in seed funding led by U.S.-based hedge fund Lazarus Israel Opportunities Fund and an individual investor. This brings Appoxee’s total funding to $2.4 million to date. Appoxee’s cloud-based mobile app engagement platform provides app publishers with a set of tools to increase app engagement and retention.

Technology & Communications

financial technology

Fastacash, a Singapore-based social payments platform, has raised $3 million in Series A funding from Jungle Ventures, Spring Seeds Capital and Funding the Future. The company plans to launch in Indonesia and Russia within the year. It has partnered with Indonesian payment service provider Doku, an operator in the electronic payments industry offering Internet payment services. In Russia, its partner is international payments and money transfer system, UNISTREAM.

Software

data management

MongoDB, a NoSQL database company, has raised $150 million in funding led by T. Rowe Price, with participation from Altimeter Capital,Salesforce.com (NYSE:CRM) and return investors Intel Capital, New Enterprise Associates, Red Hat (NYSE:RHT), and Sequoia Capital. The company previously raised approximately $73 million.

infrastructure software

Confio Software, which develops database performance solutions for physical and virtual server environments, was acquired for $103 million by SolarWinds (NYSE:SWI), a company offering enterprise-class IT and infrastructure management software to IT professionals in various organizations.

security software

Iolo Technologies, a provider of software that repairs, optimizes, and protects Windows computers, was acquired for an undisclosed amount by Phoenix Technologies, which designs, develops, and supports core system software for computing devices. Iolo Technologies has global sales presence in 33 countries and products in 15 languages.

Information & Business Services

bpo

HR Plus, a provider of background screening, drug and occupational health screening, and fingerprinting services, was acquired by Sterling Infosystems, a background check company sponsored by Calera Capital. No financial terms were disclosed. The seller was AlliedBarton Security Services.

printing services

Staples (Nasdaq: SPLS) has sold its printing systems division to CoBe Capital. No financial terms were disclosed. Staples’ Printing Systems Division is headquartered in Amsterdam and has nearly 500 employees across subsidiaries in Belgium, Greece, Italy, and Spain. Its annual revenue is approximately €225 million ($305 million).

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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