Daily Deal Activity 05/11/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Sweden-based online real estate marketplace Hemnet has been acquired by Schibsted Media for $180 million representing 9.2x revenue. The acquisition coincides with Schibsted Media’s strategy of modernizing its online real estate advertisements as the company looks to strengthen its position in European markets.

classifieds/auctions/p-to-p

Freelance model, photographer, and makeup artist marketplace operator My Style Blox has raised an undisclosed amount of funding from private investors. The company will use the new round of funding for building out its platform and expanding geographically.

classifieds/auctions/p-to-p

UK-based crowdfunding software provider Sharein has raised $1 million in a round of funding from undisclosed investors. The company will use the new round of funding for developing its platform solutions while expanding its management team.

ecommerce

China-based women’s products eCommerce site Honeymate has raised $1.6 million in a round of funding from undisclosed investors. The company is valued at $16 million and will use the new funding for appealing to the younger Chinese demographic.

social media/apps

Social bookmarking site Pinterest has raised $186 million to finish its Series G at $533 million from Wellington Management, Goldman Sachs, Andreessen Horowitz, Bessemer Venture Partners, FirstMark Capital, Valiant Capital Partners, SV Angel, and Fidelity Investment. The company has raised $1.3 billion to date and is currently valued at $11 billion.

Digital Advertising

comparison shopping

India-based price comparison website Buyhatke.com has raised $1 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount, developing new products, and investing in marketing.

digital promotion/coupon

Recoleta Digital Media, developer of digitally driven personalized grocery circulars, has raised an undisclosed amount of Series A funding from Desert Angels and Arizona Tech Investors. The company will use the new round of funding for customer acquisition initiatives while expanding adoption of its platform.

local search

UK-based healthcare appointments booking platform Zesty has raised $7.2 million in Series A funding led by Innovation Capital with participation from Qualcomm Ventures, Maya Capital, Mangrove Capital Partners, TA Ventures, and ABRT Fund. The company has raised $9.2 million to date and will use the new round of funding for launching out of beta testing.

online lead generation

The Priceline Group (Nasdaq:PCLN) has acquired PriceMatch, a developer of cloud-based data and analytics solutions for booking hotels. PriceMatch increases the business intelligence capabilities of Bookingsuite, a division of Priceline Group-owned Booking.com. Terms of the deal were not disclosed.

Marketing Technology

analytics & Targeting

CrediFi, a developer of a big data analytics platform for commercial real estate finance, has raised $8 million in a round of funding led by Battery Ventures with participation from Carmel Ventures and OurCrowd. The company will use the new round of funding for increased product development initiatives.

bi tools

Envysion, a developer of cloud-based video driven business intelligence solutions, has acquired LightHaus Logic, a provider of visual intelligence customer insight solutions for retailers. The acquisition expands Envysion’s video analytics capabilities. Terms of the deal were not disclosed.

commerce management

Thailand-based aCommerce, a provider of eCommerce logistics and services, has raised $5 million in a round of funding from Ardent Capital, Sinarmas, and Inspire Ventures. The company has raised $15.7 million to date and will use the new round of funding for investing in marketing, technology, and warehouse space.

commerce management

Israel-based eCommerce marketing platform Stucco Media has been acquired by Market Tech Holdings for $34.5 million representing 6.7x EBITDA. The acquisition boosts Market Tech Holdings’ online capabilities in mobile marketing and customer relationship management as the company looks to branch into the retail and leisure assets market.

crm

ReplyManager, a developer of software solutions for helping online sellers manage customer communications, has been acquired by SaaS-based eCommerce solutions provider XSellco. The acquisition broadens the capabilities of XSellco’s commerce platform. Terms of the deal were not disclosed.

mrm/workflow management

Mobile sales tools developer Immediately has raised $2 million In a round of funding from Queensbridge Venture Partners, Streamlined Ventures, Maiden Lane, and Galvanize Ventures. The company will use the new round of funding for onboarding larger pilot customers.

Agency & Marketing Services

database/analytics

Internet marketing company Red Ventures has acquired Pitney Bowes’ (Nasdaq:PBI) marketing services organization Imagitas for $310 million. The acquisition provides Red Ventures with increased customer experience capabilities. Further terms of the deal were not disclosed.

digital agency

Search engine optimization digital marketing agency ATMOS Marketing Group has been acquired by Canada-based web app development firm Inspiratica. The acquisition will see ATMOS Marketing merged with Inspiratica’s eCommerce development division. The combined entity will operate under the name Northern Commerce. Terms of the deal were not disclosed.

Traditional Media

newspaper publishing

Tribune Publishing Company (NYASE:TPUB) has acquired MLIM, the parent company of the San Diego Union-Tribune, for $85 million. The acquisition coincides with Tribune Publishing’s California operations expansion strategy. Further terms of the deal were not disclosed.

Software

geo-demo

Earth observation analytics tools developer OmniEarth has raised $5 million in Series A funding from undisclosed investors. The company will use the new round of funding for developing a range of analytics tools and geo-informatics solutions.

hr

Online talent recruitment marketplace Talentpad has acquired hiring and assessment portal operator OptimizedBits. The acquisition will provide Talentpad with embedded assessment and screening capabilities for candidate profiles listed on its site. Terms of the deal were not disclosed.

software development tools

Communications development platform Tropo has been acquired by Cisco Systems (Nasdaq:CSCO). The acquisition will see Tropo integrated into Cisco’s collaboration and communications group as the company looks to extend its platform to increased third party endpoints and applications. Terms of the deal were not disclosed.

Information

healthcare information

Sentry Data Systems, a developer of solutions for helping healthcare providers reduce costs, has been acquired by ABRY Partners for over $200 million. The acquisition provides Sentry Data Systems with the resources for increased organic growth initiatives. Further terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Domestic IT services provider Ameritas Technologies has raised an undisclosed amount of funding from Moneta Ventures. The company will use the new round of funding for scaling up its operations while focusing on expanding its service offerings.

staffing

Staffing firm On Assignment (NYSE:ASGN) has acquired a majority stake in Creative Circle, a professional staffing firm for advertising and marketing talent, from Morgan Stanley for $570 million representing 11.9x EBITDA. The acquisition provides On Assignment with increased expertise in the digital/creative space.

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: