Daily Deal Activity 01/17/14

Digital Media/Commerce

comparison shopping

Sweden-based Svenska Resentverket, which provides a website for price comparisons in the travel industry, was acquired by European Travel Interactive AB, an operator of an online travel agency group. Terms were not disclosed.

niche content

Long Island Exchange, an operator of a daily news and blog website for consumers in the New York area, was acquired by Searchen Networks, which provides a range of digital marketing, website design, and hosting services. Terms were not disclosed.

Digital Advertising

ad networks/exchanges

PlaceWise MediaSM and Grocery Shopping Network have announced their intent to merge. PlaceWise provides advertisers, brands, and retailers with a shopper-marketing platform. GSN offers digital shopper planning and marketing tools for grocery retailers, Consumer Packaged Goods, and shoppers.

Marketing Technology

content management

Open Text (Nasdaq:OTEX), a Canada-based provider of enterprise content management software solutions, has raised $100 million in funding led by private investors.

content management

Patch Media, an operator of a news and information platform providing local coverage for individual towns and communities, was acquired by private equity firm Hale Global from AOL (NYSE:AOL). The acquisition will enable Patch to offer seamless, national, regional, and local advertising self-service tools and geo-targeted advertising products. Terms were not disclosed.

sem/seo tools

Intelligent SEO, a Spain-based provider of search engine optimization solutions, was acquired by InSequent, which offers software that reformats traditional websites for use on mobile devices. With the acquisition InSequent will provide local-focused digital services platform with SEO for desktop and mobile. Terms were not disclosed.

Agency & Marketing Services

marketing consulting

Kalypso and DataSquare have annouced their intent to merge. DataSquare will operate as a subsidiary of Kalypso. DataSquare is the integral systems house for PLM consulting as well as PLM software. The services range from strategic consulting, systems selection, implementation to service and operations.

Software

data management software

Beacon Information Technology, a Japan-based provider of data management solutions, was acquired by BSP (Jasdaq:3800), a company offering software and solutions for IT systems operation for a reported $864 million.

erp software, mobile technology

India-based FieldEZ, which offers on-demand mobile-based business management software solutions, has raised an undisclosed amount in Series A funding from IDG Ventures India and IvyCap Ventures. The company will use the funds raised to expand sales operations in the US and Southeast Asian markets.

erp software

Pilat Media, a UK-based provider of business management solutions for the broadcasting sector, which enables companies to manage content, media operations, and advertising sales, has sold a 77 percent stake to business management provider SintecMedia for $80 million, at a valuation of 1.9x revenue, and 14.5x EBITDA. SineticMedia had previously held a 23 percent stake of the company and with the acquisition will hold full ownership.

geo-demo software

Transdyn, a company offering traffic management software and systems integration, was acquired by Kapsch TrafficCom AG (WBAG:KTCG), a provider of intelligent transportation systems for $16 million, the transaction is valued at 0.5x revenue.

healthcare software

IkaSystems, a provider of business process optimization and intelligence management technology for healthcare insurers, has raised $15 million in funding led by Essex Woodlands Health Ventures. The investment brings the company’s total funding to $147 million.

healthcare software, bpo, erp software

Unibased Systems Architecture, a provider of enterprise resource planning and business process outsourcing to the healthcare industry, was acquired by Streamline Health Solutions, which offers enterprise document management software and SaaS. Terms were not disclosed.

security software

IdenTrust, a provider of identity management software and collaboration security to businesses and government agencies, was acquired by Sweden-based ASSA ABLOY, a manufacturer of electronic locks and locking systems. The acquisition gives ASSA ABLOY growth opportunities within the authentication software industry. Terms were not disclosed.

Information & Business Services

bpo

Symphony House Berhad, a Malaysia-based provider of BPO and transaction processing services to businesses in the Asia-pacific region, was acquired by business process outsourcing company Aegis BPO for $4.9 million.

staffing

Executive search firm Johnson Partners, was acquired by CTPartners Executive Search (AMEX:CTP), which provides recruitment and hiring services of C-level executives. The acquisition will provide a competitive advantage to clients. Terms were not disclosed.

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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