Daily Deal Activity 04/02/14

Digital Media/Commerce

gaming

Germany-based game network for advertisers TrafficCaptain, was acquired by games performance marketing company Crobo. With the acquisition Crobo expands its capabilities within the gaming market. Terms were not disclosed.

ecommerce

Spain-based online ticketing service Ticketea, has acquired legacy ticket sales service Spain-based Telentrada, which provides a ticket sales platform. The acquisition of Telentrada gives Ticketea access to a significant local customer database, which currently has 357,000 users and a number of large events to service. Terms were not disclosed.

classifieds/auctions/p-to-p

France-based online marketplace Creads, which provides advertising jobs, has raised $4.1 million in funding from CM-CIC Capital Prive. The company will use the newly raised funds to expand its project platform.

classifieds/auctions/p-to-p

Peer-to-peer boating marketplace Boatbound, has raised $2.5 million in funding led by Brunswick Corporation, OurCrowd, and angel investors. The new round raised will be used to continue expansion and inventory growth in new markets.

mobile content/apps

Japan-based EventRegist, which provides an online event ticketing and management mobile platform, has raised $1.6 million in seed funding led by newspaper publishing company Nikkei Business Publications. The new capital raised will enable the company to continue with product development and marketing efforts.

Digital Advertising

local search

Lovely, which provides mobile-powered end-to-end rental marketplace, was acquired by vertical search company Rentpath, for $13 million. The acquisition will enable Rentpath to expand from property search into a full rental service company. Lovely will continue to operate as a standalone brand.

mobile marketing

UK-based mobile marketing and advertising company Somo, has raised $5.5 million in funding led by MMC Ventures, with participation from other private investors. Somo offers clients mobile solutions for creative and custom development, strategy and innovation, and performance marketing.

Marketing Technology

digital video

Bigframe, which provides marketing and production resources for Youtube influencers, as well as video advertising campaigns, was acquired by DreamWorks Animation’s digital arm AwesomenessTV,  for $15 million. Bigframe had raised about $3.4 million in funding from investors including Anthem Venture Partners, DFJ Frontier, Pritzker Group Venture Capital, Richmond Park Partners, Lowercase Capital, Launchpad LA, and Social Starts.

segmentation/data mining

ByAllAccounts, which provides data aggregation technology for financial applications, was acquired by Morningstar (Nasdaq:MORN), which provides independent research for investors, for $28 million.  With the acquisition Morningstar will gain access to ByAllAccounts’ more than 2,100 clients, including independent financial advisers, asset managers, wealth managers, trust companies, and broker-dealers. ByAllaccounts had raised $10 million in VC funding Commonwealth Capital Ventures and Castile Ventures.

Agency & Marketing Services

dm agency, digital agency

New Control, a full-service digital and direct marketing agency primarily serving the financial services, healthcare, and service industries, was acquired by customer relationship marketing agency Merkle. Terms were not disclosed.

social agency

Spain-based social media data analytics agency The Data Republic, was acquired by audience research company Kantar Media which is part of Kantar, WPP’s data investment management arm. The acquisition will build on the company’s activities in audience measurement and insight in over 60 markets. Terms were not disclosed.

Technology & Communications

mobile infrastructure

Israel-based UTX Technologies, which provides mobile device tracking solutions, was acquired by workforce optimization solutions provider Verint Systems (Nasdaq:VRNT), for $84.4 miillion. UTX will be integrated into the communications intelligence operation segment of Verint Systems.

Software

engineering software

UK-based engineering design software company Symetri, was acquired by Sweden-based AddNode (OM:ANODB), which offers design, engineering, and product lifecycle management solutions, for $4.7 million, at a valuation of 0.4x revenue. The acquisition of Symetri is an asset deal.

healthcare software

CHCA Computer Systems, which provides operating room management and analytics solutions, was acquired by medical technologies and services provider GE Healthcare. The acquisition allows GE to enhance its software footprint. Terms were not disclosed.

hr software

Automated scheduling and video interviewing technology provider Distill, which provides a platform to help businesses hire candidates, has sold its IP and technology to Gild, which provides a service for creating and comparing developers skill profiles. The Distill team and engineers were earlier acquired in an acqui-hire by Yahoo (Nasdaq:YHOO). Gild will service existing customers as well as bring on new customers. Terms were not disclosed.

hr software

Profiles International, which provides employee assessments and human resource management solutions, was acquired by John Wiley & Sons (NYSE:JW.A), which publishes scientific, technical, and medical works, for $51 million. Wiley can now integrate Profiles’ pre-hire assessment solutions to its post-hire assessment platform for an end-to-end solution that addresses critical pain points in the hiring and development process.

hr software

Cloud-based human resource and compliance solutions company ThinkHR, has raised $3 million in funding from SaaS Capital. The new capital raised will be used to develop and deliver new products and expand into new markets, such as small and medium-size businesses.

security software

Sookasa, which provides compliance solutions for cloud applications and mobile devices to protect sensitive files, has raised an undisclosed amount of Series A funding led by Accel Partners, First Round Capital, Andreesseen Horowitz, SV Angel. The company plans to use the newly raised funds to continue development and expansion of traction in key regulated industries such as healthcare, education, legal, and finance.

software development tools

Openfin, which provides a HTML5 runtime technology for financial desktops, has raised $4 million in Series A funding led by Bain Capital Ventures. The company, which has now raised $7 million in funding, intends to use the newly raised funds for product development and engineering team expansion in both New York and London.

Information & Business Services

healthcare information

North Light Software, which provides community resources, case management, and referral information services to care specialist, was acquired by Revation Systems, which offers secure workflow solutions and unified communications. Terms were not disclosed.

market research

UK-based SecondSync, a Web based platform that provides data analytics on television broadcasts, was acquired by Twitter (NYSE:TWTR), from Kantar Media Intelligence. Terms were not disclosed.

printing services

Italy-based printing services company Pixartprinting, providing a Web-to-print business that serves graphic design agencies, print resellers, and local printers, was acquired by Netherlands-based Vistaprint (Nasdaq:VPRT) for $175 million, at a valuation of 3.1x revenue, and 11.7x EBITDA. The acquisition will better position Vistaprint in the European market.

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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