Daily Deal Activity 11/07/13

Digital Media/Commerce

classifieds/auctions/p-to-p

Bookabach, an operator of a vacation rental site in New Zealand, has sold a 55 percent equity stake to HomeAway (NasdaqGS:AWAY), an online marketplace for vacation rental. The acquisition also includes Bookastay, the company’s affiliated Australian vacation rental site. Terms were not disclosed.

eCommerce, digital Promotion/Coupons

Ticket Monster, a South Korea-based operator of a sports, concerts, and theater tickets website, was acquired by Groupon. The company was purchased for $260 million from LivingSocial. Ticket Monster will help Groupon’s transition into the mobile commerce marketplace.

gaming

Seriously Digital Entertainment, a Finland-based startup game developer, has raised $2.4 million in seed funding led by Upfront Ventures and Sunstone Capital.

social medi/apps

Sincerely, a company that provides a mobile and social network application for photo card creation, was acquired by eCommerce retailer Provide Commerce. Sincerely raised $5.5 million in total venture capital prior to the purchase. Terms were not disclosed.

Digital Advertising

Search marketing

SEOPledge, a full-service search engine optimization firm providing Internet and content marketing, public relations, social media, brand building, and search marketing services for online businesses, was acquired by digital advertising and marketing company Didit. Terms were not disclosed.

Marketing Technology

sfa/lead management, big data technology

Granify, a Canada-based company providing SaaS solutions that enables online retailers to maximize their sales by using big data and machine learning technologies, has raised $1.5 million in funding led by BDC Venture Capital, Extreme Startups, iNovia Capital , Klass Capital, Social Starts and Valar Ventures.

Agency & Marketing Services

database/analytics

France-based ETO Groupe, a CRM marketing services firm, has been acquired for an undisclosed amount by Publicis Groupe (ENXTPA:PUB). ETO has more than 220 employees specializing in helping brands develop sustainable and profitable relationships with their clients through CRM, digital marketing, and big data technologies.

public relations, specialty agency

Longbottom Communications, a marketing communications and advertising firm representing enterprises that serve military and defense communications markets and the nuclear power industry, was acquired by communications agency Sage Communications. The acquisitions will allow Sage Communications to strengthen and deliver value to the company’s commercial satellite space, defense, and energy customers. Terms were not disclosed.

Technology & Communications

cloud storage

Funambol, a company that provides mobile cloud sync and device management solutions for mobile operators, has raised an undisclosed amount of funding led by Harbert Management.  Funambol’s solutions are offered to device manufacturers, internet portals, cable operators, software firms, system integrators, and other organizations that offer mobile services to consumers and business users.

financial technology

nCourt, provider of online payment solutions for municipal and county courts and government agencies, was acquired by growth equity firm Mainsail Partners.  The acquisition will further Mainsail Partners’ adoption of online payment capabilities. Terms were not disclosed.

Software

infastructure software

ComSci, a provider of SaaS-based enterprise application solutions for the information technology industry, was acquired by cloud-based enterprise provider Upland Software. Terms were not disclosed.

infastructure software

Smarsh, a company offering message and data archiving solutions, has sold a 60 percent equity stake to venture capital firm Toba Capital from Dell. Terms were not disclosed.

infrastructure software

Espresso Logic, a provider of software solutions enabling developers to connect Web and mobile applications to external databases, has raised $1.6 million in funding led by Inventus Capital Partners.

security software

HighCloud Security, which develops encryption and key management software designed to address security challenges of virtualized server infrastructures, was acquired by cloud security automation company Hytrust. The acquisition offers customers of both companies security in compliance and data privacy requirements in all cloud environments—private, public, and hybrid. Terms were not disclosed.

Information & Business Services

hr information, vertical search

OnTargetJobs, a company that offers online job boards, was acquired by specialized career websites provider Dice Holdings (NYSE: DHX). The acquisition fits with Dice Holdings’ expansion strategy and adds vertical recruiting services in healthcare and hospitality to the company’s portfolio.

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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