Daily Deal Activity 11/23/15

Digital Media/Commerce

classifieds/auctions/p-to-p

Apartment sharing startup Airbnb has raised $100 million in a round of funding from undisclosed investors. The round was completed at the same $25.5 billion valuation as its previous round of funding. The company is expecting revenues of $900 million.

ecommerce

UK-based bike and cycling accessories eCommerce company Ribble Cycles has raised and undisclosed amount of funding from True Ventures. The company will use the funding for expanding its management team while focusing on acquisition opportunities.

ecommerce

Women’s clothing eCommerce company Ruby Ribbon has raised $7.5 million in Series C funding led by DBL Partners and Direct Selling Capital with participation from Trinity Ventures and Mohr Davidow Ventures. The company will use the funding for expanding its presence domestically.

ecommerce

UK-based sports flash sales site Sportpursuit.com has raised $10 million in Series C funding from Scottish Equity Partners, Grafton Capital, and Draper Esprit. The company will use the funding for building out its products and services while expanding internationally.

mobile content/apps

Printed event guide app developer Guesterly has been acquired by photo book printing subscription services provider Chatbooks. The acquisition provides Guesterly with an expanded services portfolio. Terms of the deal were not disclosed.

niche content, digital video

Video streaming company Crunchyroll has raised $22 million in a round of funding from Otter Media. The company will use the funding for increasing its content library while expanding its product and engineering capabilities.

Digital Advertising

online lead generation

Social media marketing company GoSocial has acquired the people acquisition and retention division of web hosting products and security services company ShoeMoney Media for $12 million. The acquisition strengthens GoSocial’s social information offering. Further terms of the deal were not disclosed.

Marketing Technology

commerce management

eCommerce solutions developer Sidecar has raised $8 million in Series B funding led by Ascent Venture Partners with participation from Osage Venture Partners. The company will use the funding for focusing on sales and marketing efforts.

crm, healthcare

Patientpop, developer of a customer relationship platform for healthcare practices, has raised $10 million in Series A funding from Toba Capital. The company has raised $13.3 million to date and will use the round of funding for expanding headcount and scaling operations.

Agency & Marketing Services

digital agency, media planning/buying

Brazil-based advertising agency Grupo ABC has been acquired by Omnicom. Grupo ABC will be integrated into DDB Worldwide and the acquisition provides the company with an expanded presence internationally. Terms of the deal were not disclosed.

Traditional Media

broadc ast television

Carlyle Group will sell its 62 percent majority stake in Taiwan-based media and entertainment company Eastern Broadcasting to film production company DMG Entertainment for $370 million. Further terms of the deal were not disclosed.

Software

application management

Enterprise-level mobile app management platform KidoZen has been acquired by Mad Mobile, a provider of mobile touch point solutions. The acquisition provides Mad Mobile with increased scale and headcount as the company looks to build out its development group. Terms of the deal were not disclosed.

healthcare, mobile content/apps

On-demand checkups and wellness services app developer Circle Medical has raised $2.9 million in a round of funding led by Collaborative Fund with participation from Tencent, Real Ventures, Kima Ventures, and Y Combinator. The company will use the funding for building out its physician network.

Business Services

it consulting/systems integration 

IT infrastructure solutions firm Advanced Knowledge Networks has been acquired by IT outsourcing solutions company CentriLogic. The acquisition provides CentriLogic with an expanded end-to-end infrastructure solution. Terms of the deal were not disclosed.

it consulting/systems integration 

Systems integration company Bellsoft will be acquired by Ameri Holdings for $6 million. The acquisition will provide Ameri Holdings with an expanded geographic presence and a strengthened product and service offering.

it consulting/systems integration

Germany-based Wincor Nixdorf, a provider of IT solutions and to retail banks and retailers, has been acquired by Diebold (NYSE:DBD) for $1.8 billion. The acquisition represents a 35 percent premium over Wincor Nixdorf’s mid-October closing price. Wincor has reported revenues of $2.4 billion and EBITDA of $154 million.

logistics

Germany-based moving services provider Movago has raised $7.4 million in Series A funding led by DN Capital with participation from Holtzbrinck Ventures, Piton Capital, and private investors. The company will use the funding for building out its technology and expanding internationally.

training

Digital learning tools company Quizlet has raised $12 million in Series A funding led by Union Square Ventures and Costanoa Venture Capital with participation from Altos Ventures and Owl Ventures. The company will use the funding for expanding its product portfolio and hiring talent.

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: