Daily Deal Activity 12/17/15

Digital Media/Commerce

ecommerce, mobile content/apps

Digital content and commerce company Purch has acquired mobile shopping app developer ShopSavvy. The acquisition coincides with Purch’s mobile and online to offline strategies. Terms of the deal were not disclosed.

niche content

Digital sports sites operator 247Sports has been acquired by CBS. The acquisition provides CBS with a strengthened digital sports offering and will see 247Sports integrated into CBSSports.com. Terms of the deal were not disclosed.

niche content

Tastemade, a digital media company focused on food and travel, has raised $40 million in a round of funding led by Goldman Sachs’ Merchant Banking Division with participation from Redpoint Ventures, Raine Ventures, Comcast Ventures, Liberty Media, and Scripps Networks Interactive. The company will use the funding for expanding its audience base.

social media/apps

Concert discovery app developer Songkick has raised $10 million in Series D funding from Access Industries. The company will use the funding for expanding its artist database while focusing on its presence in Europe.

Digital Advertising

ad networks/exchanges

Online advertising network AdEngage has been acquired by online traffic monetization services provider Redirect.com. The acquisition provides Redirect.com with complimentary traffic monetization offerings. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Intellectual property analytics and management software developer PatSnap has raised $10 million in a round of funding from Summit Partners. The company will use the funding for scaling operations while focusing on international expansion.

crm

Marketing performance management solutions company Full Circle Insight has raised $4.7 million in Series B funding led by Aligned Partners with participation from Salesforce Ventures. The company will use the funding for expanding its sales and marketing initiatives.

market research

ShareTracker, a provider of market research solutions to the telecom market, has acquired measurement and analytics solutions company Centris National Model. The acquisition provides ShareTracker with expanded survey capabilities for the pay-tv and broadband sectors. Terms of the deal were not disclosed.

mobile technology

Cloud-based mobile technology developer Omadi has raised $5 million in Series A funding led by Pelion Venture Partners with participation from Tall Wave Capital and Service Provider Capital. The company will use the funding for expanding its sales and client success teams.

sfa/lead management

SureShot, a developer of Oracle Marketing Cloud applications, will acquire cross-channel marketing solutions developer Connexio Labs. The acquisition provides SureShot with an expanded b-to-b sales team offering. Terms of the deal were not disclosed.

social technology

Customer identity management solutions developer Janrain has raised $27 million in Series D funding led by HighBar Partners with participation from Split Rock Partners, Epic Ventures, Emergence Capital, RPM Capital, and DFJ Frontier. The company will use the funding for building out user engagement capabilities.

Agency & Marketing Services

healthcare agency

Healthcare engagement agency System Analytic will be acquired by WPP-owned healthcare marketing network Sudler & Hennessey. The acquisition provides Sudler Hennessey with expanded leader identification capabilities. Terms of the deal were not disclosed.

Software

erp

Germany-based business process and decision management technology company Signavio has raised $33.6 million in a round of funding from Summit Partners. The company will use the funding for expanding its presence internationally.

financial

Bloomberg will acquire Barclays Risk Analytics and Index Solutions business. The acquisition provides Bloomberg with a strengthened portfolio analytics solution and expanded attribution modeling capabilities. Terms of the deal were not disclosed.

financial

DealCloud, a developer of software for financial services companies, has raised $5.3 million in a round of funding led by Cultivation Capital with participation from Holekamp Ventures. The company will use the funding for product development efforts.

financial

Retirement portfolio management solutions provider NextCapital Group has raised $16 million in Series B funding led by AllianceBernstein and Route 66 Ventures with participation from Russell Investment. The company will use the funding for building out its digital advice offering.

financial

Event management solutions startup Eved has raised $14.3 million in Series C funding from Huizenga Capital Management and Pritzker Group Venture Capital. The company will use the funding for expanding headcount.

Information

healthcare information

Italy-based medical records solutions provider UMS will be acquired by communications company Ascom. The acquisition provides Ascom with an expanded healthcare workflow offering. Terms of the deal were not disclosed.

Business Services

it consulting/systems integration

Ludvik Holdings will make a $5 million majority investment in enterprise-level IT services provider Unitiv. The company will use the funding for expanding its data center infrastructure solutions and domestic presence.

logistics

India-based logistics platform Rivigo has raised $30 million in Series B funding from SAIF Partners. The company will use the funding for scaling operations domestically while focusing on international expansion.

training

Leadership programs provider Discovery Learning will be acquired by Multi-Health Systems, a publisher for the psychological assessment community. The acquisition provides Multi-Health with complimentary portfolio offerings. 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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