Daily Deal Activity 10/19/15

Digital Media/Commerce

ecommerce

B-to-b plastics and packaging industry marketplace Bizongo has raised an undisclosed amount of funding from Accel Partners. The company will use the new round of funding for expanding operations while hiring talent.

ecommerce

Independent retailer network StreetHub has raised $2.6 million in a round of funding led by Octopus Ventures with participation from Index Ventures and Playfair Capital. The company will use the funding for brand development.

mobile content/apps

AppSheet, developer of a code-free mobile business app platform, has raised $1.5 million in a round of funding from New Enterprise Associates. The company will use the new funding for expanding its presence domestically while hiring talent.

niche content

Lifestyle website operator Hello Giggles has been acquired by Time for a reported $20 million. The acquisition will provide Time with an expanded audience reach for its People and Entertainment Weekly magazine brands. Further terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Deluxe (NYSE:DLX) has acquired Datamyx, a provider of marketing data and analytics solutions to the financial services industry, from Halyard Capital for a reported $160 million in cash. The acquisition strengthens Deluxe’s financial services division as the company looks to expand its marketing solutions. (A Petsky Prunier led transaction)

analytics & targeting

Tag management platform Ensighten has raised $53 million in debt and equity funding from Insight Venture Partners, Lead Edge Capital, Mack Capital, Volition Capital, and Silicon Valley Bank. The company will use the funding for focusing on sales initiatives.

analytics & targeting

India-based data analytics startup Retention.ai has been acquired by content distribution app developer Inshorts. The acquisition provides Inshorts with expanded usability data and uninstalled user tracking capabilities. Terms of the deal were not disclosed.

bi tools

iControl, a provider of drug and food business intelligence solutions to retail chains, has raised $20 million in a round of funding from Goldman Sachs. The company will use the new round of funding for expanding operations.

mrm/workflow management

Workplace management software developer Matrix42 has been acquired by Emeram Capital Partners from Asseco Poland. The acquisition provides Matrix42 with the resources for customer acquisition and international expansion efforts. Terms of the deal were not disclosed.

sfa/lead management

Sales productivity suite developer TinderBox has raised $7 million in a round of funding led by Greycroft Partners with participation from High Alpha. The company will use the new round of funding for product development efforts while expanding headcount.

social technology

Online presence management solutions provider uberall has acquired online social marketing platform Spotistic. The acquisition provides uberall with location-based social media monitoring capabilities. Terms of the deal were not disclosed.

Agency & Marketing Services

digital agency

B-to-b marketing agency Yesler has acquired marketing automation and sales enablement agency Lead Lizard. The acquisition expands Yesler’s b-to-b marketing program offering and client portfolio. Terms of the deal were not disclosed.

Traditional Media

broadcast television

IBM has offered to acquire the digital assets of The Weather Channel. The acquisition would provide IBM with an expanded emergency management solution as the company continues to build out local government cloud computing relationships. Terms of the deal were not disclosed.

Software

Business consultancy and technology solutions firm UXC Eclipse has acquired the ERP solutions division of wine direct sales and logistics company WineDirect. The acquisition provides UXC with a strengthened offering for its Asia Pacific wine industry division. Terms of the deal were not disclosed.

security

Cloud application security platform FireLayers has raised an undisclosed amount of funding from led by Akamai Technologies with participation from YL Ventures. The company will use the funding for expanding its sales and marketing efforts while focusing on product development initiatives.

Information

credit/risk information

Automotive industry data services company AIS Nordic will be acquired by digital business information company Bisnode for $7.8 million. AIS Nordic has reported EBITDA of $1.6 million and the acquisition provides Bisnode with expanded vehicle-related information solutions.

Business Services

engineering consulting

Mobile services and technology company Brightstar has acquired WirelessWorks, a provider of consulting services to mobile network operators. The acquisition provides Brightstar with an expanded customer profile in Canada. Terms of the deal were not disclosed.

it consulting/systems integrations

Information and communication technology solutions provider Pinnacle Holdings will acquired a 55 percent majority stake in South Africa-based IT services business Datacentrix for $43 million. The Datacentrix has reported revenues of $179 million and EBITDA of $12.6 million.

it consulting/systems integrations

Information management consulting firm Noah Consulting has been acquired by Infosys for $70 million. The acquisition provides Infosys with a strengthened end-to-end data management service offering for the oil and gas industry. Further 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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