Daily Deal Activity 02/03/15

Digital Media/Commerce

ecommerce

Private equity firm MCM Capital Partners has acquired American Made Shutters and its affiliates Danmer Corp. and The Louver Shop, and have announced the formation of American Home Products. The new entity will supply direct-to-consumer shutter products. Terms of the deal were not disclosed.

gaming

Mobile gaming company TecSport Games has raised $1 million in a round of funding from Moneta Ventures. The company will use the new round of funding for expanding its game development team, securing additional entertainment licenses, and augmenting commercial operations into white label and B2B arenas.

mobile content/apps

Korea-based mobile music streaming startup Beatpacking has raised $11 million in Series B funding from Capstone Partners and Altos Ventures. The company will use the new funding for music sourcing and marketing.

mobile content/apps

Spain-based expense tracking app developer Captio has raised $2.6 million in a round of funding from Kibo Ventures, Bankinter, and THCAP. The company will use the new round of funding for consolidating its position in the domestic market while preparing for international expansion.

Digital Advertising

ad/networks/exchanges

nToggle, provider of a big data platform for real time bidding requests, has raised $5.6 million in Series A funding led by Sigma Prime Ventures and Bessemer Venture Partners. The company will use the new round of funding for advancing its platform.

digital video

Molio, a video marketing ad technology and branding company with proprietary software for ad placement on YouTube, has raised $3 million in Series A funding led by Greycroft Partners with participation from True Ventures, Subtraction Capital, Advancit Capital, and Peak Ventures.

digital video

Media Company Nexstar Broadcasting Group (Nasdaq:NXST) has acquired Yashi, an online video demand side platform with location-focused technology, for $33 million. The acquisition will broaden and diversify Nexstar’s digital media portfolio while enhancing its multi-platform marketing solutions for local and national advertisers.

Marketing Technology

mobile marketing

Mobile app marketing and retargeting platform developer Liftoff has raised $5 million in Series A funding led by Baseline Ventures with participation from Sage Venture Partners and Core Ventures Group. The company has raised $7 million to date and will use the new funding for bolstering its customer base.

Agency & Marketing Services

digital agency

India-based social and digital agency WATConsult has been acquired by Dentsu Aegis Network. WATConsult will integrate with Dentsu’s digital marketing agency Isobar, and the acquisition will allow WATConsult to expand internationally. Terms of the deal were not disclosed.

loyalty/retention

AnyPerk, operator of a platform for corporate customers to recognize and reward employees with perks, has raised $8.5 million in Series A funding led by DCM Ventures with participation for Digital Garage. The company has raised $13 million to date and will use the new round for strengthening its offering and accelerating innovation of new products and services.

specialty agency

China-based Dalian Wanda Group has acquired Switzerland-based sports marketing firm Infront Sports & Media from Bridgepoint Capital for an estimated $1 billion. The acquisition coincides with Dalian Wanda’s acquisition strategy of diversifying into the entertainment businesses. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Media Business Insight, publisher of industry magazines Broadcast and Screen International, has been acquired by Mobeus Equity partners from Top Right Group, for over $15 million. The acquisition will allow MDI to grow its customer base.

entertainment media

Investment firm Columbus Nova has acquired Sony Online Entertainment and has rebranded as Daybreak Game Company. The company will operate as an independent game development studio for MMO-style games. Terms of the deal were not disclosed.

Software

application management

Enterprise-class video management software developer Video Insight has been acquired by Panasonic. The acquisition coincides with Panasonic’s strategy of expanding business opportunities for both companies in the education market. Terms of the deal were not disclosed.

big data

Datastax, developer of an enterprise-level distributed database platform, has acquired Aurelius, which develops open source graph database solutions. The acquisition adds graph database capabilities to Datastax big data and search and analytics solutions. Terms of the deal were not disclosed.

big data

Hadoop-powered Cloudera, a provider of enterprise analytic data management solutions, has acquired Xplain.io, a provider of self-service big data integrations services. The acquisition will accelerate Cloudera’s deployment of its enterprise data hub while making it easier to add complex workloads to its platform. Terms of the deal were not disclosed.

collaboration

Canada-based media pre-production system developer Celtx, which focuses on the film and video industries, has raised $3.3 million in a round of funding from Build Ventures. The round of funding will be used for expanding customer traction and growth rates.

erp

kCura, developer of eDiscovery software Relativity, has raised $125 million in a round of funding from Iconiq Capital. The company will use the round of funding for investing in people, technology, and its community of users.

financial

Investment management industry solutions provider Archer has raised $12.5 million in a round of funding from NewSpring Growth Capital. The company will use the new round of funding for continuing to grow operations.

financial

SS&C Technologies Holdings has agreed to acquire Advent Software, a provider of software and services for the investment management industry, for $2.7 billion. Further terms of the acquisition have not been disclosed.

financial

Marketplace lending platform Social Finance has raised $200 million in Series D funding led by Third Point Ventures with participation from Wellington Management Company, Institutional Venture Partners, and Goldman Sachs. The company will use the new funding for expansion of its consumer lending products while building outs its marketplace with new options for investors.

infrastructure

FiscalNote, a developer of AI and design solutions for providing open data across industries, has raised $10 million in Series B funding led by Renren with participation from Visionnaire Ventures, New Enterprise Associates, and AME Cloud Ventures. The company will use the new funds for expanding into new markets.

legal

Smarsh, a provider of hosted archiving solutions for compliance and eDiscovery, has acquired Presensoft, a developer of cloud-based enterprise messaging compliance solutions. The acquisition will allow Smarsh to support additional messaging types within its archiving platform. Terms of the deal were not disclosed.

security

UK-based IT security solutions provider Sysec has been acquired Herjavec Group, a provider of managed security services. The acquisition coincides with Herjavec’s European expansion strategy. Terms of the deal were not disclosed.

Information

legal information, Social media/apps

Casetext, which operates a community site for attorneys to share knowledge while providing free access to legal texts, has raised $7 million in Series A funding led by Union Square Ventures with participation from Formation 8, SV Angel, A-Grade Investments, and BoxGroup. The company has raised $8.8 million to date and will use the round for hiring new talent.

Business Services

financial consulting

Equity crowdfunding platform Fundable has acquired Clarity.fm, provider of a marketplace that connects entrepreneurs with advisors and industry experts. The acquisition will enhance Fundable’s customer financing capabilities. Terms of the deal were not disclosed.

healthcare consulting

Ostendio, a provider of information security and privacy compliance solutions for digital health companies, has raised an undisclosed amount of funding from CIT GAP Funds. The company will use the new funding for increasing distribution and sales channels.

it consulting/systems integration

Aon Hewitt has acquired Workday consultancy UK-based Kloud, which specializes in deployment and application management solutions. The acquisition expands Aon’s Workday solutions to include end-to-end services. Terms of the deal were not disclosed.

logistics

Travel management services provider Gemstone Logistics has acquired Canada-based Orissa Software, a provider of accommodation and guest management solutions to remote workforce accommodation sites. The acquisition will allow Gemstone to deliver end-to-end solutions for commercial travel and charter programs. Terms of the deal 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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