Daily Deal Activity 12/01/15

Digital Media/Commerce

ecommerce

France-based online winter sports equipment retailer Snowleader has raised $2.7 million in a round of funding from Bpifrance and Turenne Capital. The company will use the funding for expanding into other apparel categories.

social media/apps, niche content

Singapore-based food discovery app Burpple has raised $6 million in a round of funding from Tembusu Partners, SPH Media, and Triumph Capital. The company will use the funding for expanding its presence within Asia.

Digital Advertising

ad networks/exchanges

Cross-screen advertising solutions company Undertone will be acquired by Perion Network (Nasdaq:PERI) for $180 million. The acquisition provides Perion with strengthened brand and agency relationships and expanded programmatic capabilities. Undertone has reported expected 2015 revenues of $145 million and EBITDA of $23 million.

vertical search

Hotel bookings mobile app RoomsTonite has raised $1.5 million in a round of funding from Alchemy Capital and Sixth Sense Ventures. The company will use the funding for building out its hotel network while focusing on customer service initiatives.

Marketing Technology

analytics & targeting

Website visitor analytics company Navilytics has been acquired by A/B website testing platform Wingify. The acquisition provides Wingify with a strengthened conversion rate optimization platform. Terms of the deal were not disclosed.

commerce management

Online shopping preferences application Passo has raised $1.1 million in a round of funding from Deep Fork Capital. The company will use the funding for building out increased integration functionality for online retailers.

content management

Landlord and broker inventory management platform Nestio has raised $8 million in Series A funding led by Trinity Ventures with participation from Freestyle Capital and private investors. The company will use the funding for building out its engineering and sales divisions.

crm

Auto dealer marketing platform MotoFuze will be acquired by HGGC. The acquisition will see MotoFuze integrated with HGGC’s automotive dealership lead generation portfolio company AutoAlert. Terms of the deal were not disclosed.

media management system

Hg Capital will acquire a majority stake in Italy-based media and news publishing systems developer EidosMedia. The acquisition provides EidosMedia with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

mobile technology

Mobile rewards platform Perk.com has acquired mobile app development platform Corona Labs for $2.3 million. The acquisition provides Perk.com with a mobile app and game development platform for its monetization tools. Further terms of the deal were not disclosed.

mrm/workflow management

Norway-based accounting and administration software developer Visma has acquired online booking system developer DigitalBooker. The acquisition provides Visma with a SaaS-based online scheduling solution. Terms of the deal were not disclosed.

Software

application management

Application performance management company AppDynamic has raised $158 million at a reported valuation of $1.9 billion in a round of funding led by General Atlantic and Altimeter Capital with participation from Adage Capital, Industry Ventures, Goldman Sachs, Greylock Partners, and Lightspeed Venture Partners. The company will use the funding for sales and marketing initiatives.

credit/risk

Intellectual property software company CPA Group has acquired IP search and analytics software developer Innography. The acquisition provides CPA Group with a strengthened IP management offering. Terms of the deal were not disclosed.

credit/risk

Credit evaluation software developer Mirador has raised $7 million in Series A funding led by Core Innovation Capital with participation from Nyca Partners, Jump Capital, Collaborative Fund, Wicklow Capital, and Crosslink Capital. The company will use the funding for expanding its product development team.

data management

Big data solutions company Antuit will acquire the web analytics and network performance management software division of Japan-based AuriQ Systems. The acquisition provides Antuit with an expanded data management offering. Terms of the deal were not disclosed.

erp

EQT Partners will acquire a 63 majority stake in enterprise resource planning software suite developer Industrial & Financial Systems for $664 million. The acquisition represents a 20 percent premium compared with IFS’ previous six month weighted average share price. IFS has reported revenues of $390 million and EBITDA of $48 million.

healthcare

Healthcare analytics company HBI Solutions has raised $12.6 million in Series A funding from Wonders Information Company. The company will use the funding for expanding its presence in the US while building out new disease prediction models.

security

Cybersecurity platform ThreatConnect has raised $16 million in Series B funding led by SAP National Security Services with participation from Grotech Ventures. The company will use the funding for expanding its market presence internationally.

Business Services

healthcare consulting

Healthcare IT consulting firm DataTrade Solutions has been acquired by medical record exchange platform Healthjump. The acquisition provides Healthjump with expanded communication offerings for its exchange platform. Terms of the deal were not disclosed.

it consulting/systems integration

Agile framework service firm Davisbase Consulting will be acquired by Agile consulting firm SolutionsIQ. The acquisition provides SolutionsIQ with an expanded presence in the US. Terms of the deal were not disclosed.

training

Job skills training and certification program provider CleanEdison has been acquired by Kaplan. The acquisition will see CleanEdison rebranded as Kaplan Clean Technology Education. 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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