Daily Deal Activity 02/14/14

Noteworthy:

mobile content/apps

Cyprus-based messaging platform and application developer Viber Media, was acquired by internet services company Rakuten (Jasdaq:4755) for $900 million. Viber can now potentially add Rakuten Group’s approximately 225 million members to its existing user base of 300 million registered users. The acquisition will strengthen Rakuten’s global platform through the use of Viber’s range of customers in the company’s eCommerce and digital contents services.

Digital Media/Commerce

ecommerce

Jos. A Bank (Nasdaq: JOSB) has agreed to acquire clothing retailer Eddie Bauer from private equity firm Golden Gate Capital. The deal is valued at an enterprise value of approximately $825 million. Eddie Bauer makes casual clothing, sportswear and outerwear for men, women, and children. The retailer has around 370 stores in the U.S. and Canada.

ecommerce

China-based Lailaihui, an eCommerce website focusing on outbound travel sales, has raised $1 million in funding led by CDH Investment.

ecommerce

China-based Lefeng, which operates an online retailer of cosmetic products, jewelry, and women’s apparel, has sold a 75 percent stake to online discount retailer Vipshop (NYSE:VIPS) for $132 million. The acquisition of Lefeng enables Vishop to diversify their product offerings, expanding their customer reach, and further enhancing their customers’ experience.

mobile content/apps

Rise Labs, which provides a mobile application for dieting and health that enables users to create their own personalized diet plans and receive daily feedback from nutrition coaches, has raised $2.3 million in seed funding led by FLOODGATE, Cowboy Ventures, Google Ventures, and Greylock Partners.

Digital Advertising

local search

Urbansitter, an online service for parents and sitters to connect, has raised $15 million in Series B funding led by DBL Investors, with participation from Match Group, Canaan Partners, First Round Capital, Menlo Ventures, and Rustic Canyon Partners. The company has raised $22.7 million in funding to date.

mobile marketing

Full-service mobile development and marketing agency Roll Mobile, was acquired by full-service digital agency Ascedia. The acquisition will expand Ascedia’s mobile marketing offerings. Terms were not disclosed.

vertical search

Architizer, which operates an online resource platform for architects and designers, has raised $2 million in seed funding led by Gaspar Global Ventures and individual investors. The new capital will be used to expand its offerings to building product manufacturers.

Marketing Technology

bi tools

Canada-based Klipfolio, which provides real-time Web and mobile dashboard solutions, has raised $1.7 million in funding led by BDC Venture Capital IT Fund and Mistral Venture Partners, with participation from Fundfire, BOLDstart Ventures, Acadia Woods, and CommonAngels Ventures. The company intends on using the funds to continue to expand its operational team and global reach.

content management

UK-based Capablue, which provides customer-focused content distribution and monetization across multiple devices for retailers, brands, and broadcasters, was acquired by Arqiva (fka NTL Broadcast), which offers satellite-based TV, radio broadcast, and wireless infrastructure and transmission services for businesses. The acquisition positions Arqiva to offer services across multiple channels, platforms, and technologies. Terms were not disclosed.

content management

Curious.com, which offers tools to help teachers create and sell their lessons to “lifelong learners” online, raised $15 million in Series B funding led by GSV Capital, with participation from Redpoint Ventures and individual investors. The company intends on using the funds to execute its growth plans.

Agency & Marketing Services

experiential marketing

Audio Visual Management Group, which offers audio visual solutions for associate trade shows, was acquired by integrated marketing solutions for live engagements company The Freeman Company. This acquisition will enhance the solutions and expertise available to both organizations’ customers. Terms were not disclosed.

specialty agency

In Sync Advertising and Bemis Balkind announced their intent to merge, forming one full-service integrated entertainment agency effective immediately. Under the name, In Sync Bemis Balkind, the agency will offer a range of audio/visual, print, digital, and branding services for theatrical, home entertainment, TV, and life-style industries. Terms were not disclosed.

Traditional Media

entertainment media

UK-based Windfall Films, which produces television shows providing science, social, and history documentaries, was acquired by entertainment media distributor Argonon (fka Leopard international). The acquisition extends Argonon’s reach in factual TV genres such as history, military, adventure, science, and natural history. Terms were not disclosed.

Software

hr software, collaborative software

Distill, which operates a video interviewing platform to help companies hire candidates, was acquired by Yahoo (Nasdaq:YHOO). Distill’s product pairs the basic features of a video chat service like Skype, and put them alongside a text editor and file upload space so that an interviewer could guide a candidate through a collaborative coding session. Terms were not disclosed.

legal software

Ireland-based Cernam, which provides digital investigation and e-discovery software that captures and collects online information for legal, law enforcement, and HR departments, was acquired by data management services provider Daybreak Information Technologies. The acquisition of Cernam allows Daybreak to enter the digital evidence market. Terms were not disclosed.

Information & Business Services

staffing

Staffing solutions provider Alar Staffing, was acquired by Corporate Resource Services (Nasdaq:CRRS), a technology, staffing, and recruiting consulting services firm. The Alar acquisition will generate higher gross margins for CRS and increase the overall value to CRS’ shareholders.

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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