Daily Deal Activity 05/06/15

Digital Media/Commerce

ecommerce

On-demand storage service Omni has raised $7 million in a round of funding led by Highland Capital Partners with participation from Formation 8 and Bolt Capital. The company will use the funding for expanding its geographic presence.

ecommerce

France-based online health products and medical equipment marketplace Vivadia has been acquired by online retailer Damartex. The acquisition is complimentary to Damartex’s Home & Lifestyle business. Terms of the deal were not disclosed.

mobile content/apps

China-based ride hailing service Chehejia has raised $120 million in a round of funding led by LEO with participation from Source Code Capital and Plum Ventures. The company will use the funding for research and development efforts.

social media/apps

Public service social media platform developer Qlue has raised $1 million in a round of funding private investors. The company will use the new round of funding for hiring talent while focusing on product development.

web search/portals

Israel-based Azrieli Group has acquired the web search assets of eCommerce technology solutions company Buy2 Networks for $16.5 million. The acquisition provides Azrieli with expanded digital assets. Further terms of the deal were not disclosed.

Digital Advertising

local search

Fairfax Media-owned Domain Group has acquired Australia-based online local services marketplace provider Oneflare in a transaction valued at $43 million. The acquisition provides Domain Group with entrance into new areas of the property lifecycle. Further terms of the deal were not disclosed.

Marketing Technology

market research

Market research and consulting firm Exhibit Surveys has been acquired by trade show and convention services company Freeman. The acquisition provides Freeman with strengthened data measurement and support strategy capabilities. Terms of the deal were not disclosed.

marketing data 

Germany-based commercial real estate information business Thomas Daily has been acquired by CoStar Group. The acquisition provides CoStar with an expanded presence in international real estate. Terms of the deal were not disclosed.

product/price software

Eversight, developer of a SaaS-based in-store promotions platform for retailers and consumer packaged goods companies, has raised $14.5 million in a round of funding led by Sutter Hill Ventures with participation from Emergence Capital. The company will use the funding for expanding operations.

teleservices/eservices

Live video assistance solutions provider Vee24 has raised $8.5 million in Series B funding led by Ascent Venture Partners with participation from Data Point Capital and Point Judith Capital. The company will use the funding for expanding its client base.

Agency & Marketing Services

performance/contract sales

CI Capital Partners has acquired a majority stake in Impact Sales, a provider of outsourced sales execution and merchandising support for the consumer packaged goods industry. The acquisition will provide Impact Sales with the resources for expanding geographically. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Corporate engagement events and marketing services company The Innovation Enterprise has been acquired by C-level executive events provider Argyle Executive Forum. The acquisition provides Argyle with expanded b-to-b event offerings. Terms of the deal were not disclosed.

radio

Local radio programming provider Orion Media has been acquired by Australia-based magazine publisher Bauer Media for $58 million. The acquisition is complimentary to Bauer’s existing radio properties. Further terms of the deal were not disclosed.

Software

application management

Sirqul, a provider of internet-of-things application deployment solutions, has raised $3 million in additional Series A funding from Minteno. The investment brings Sirqul’s Series A total to $12 million and will be used for marketing and sales initiatives.

erp

MPD Group, a developer of delivery services software for eCommerce companies, has raised $3.6 million in a round of funding from NVM Private Equity, Praetura Investors, and Seneca Partners. The company will use the funding for expanding its engineering division.

geo-demo

3D mapping and tracking company Eonite Perception has raised $5.3 million in a round of funding from Lightspeed Venture Partners, Signia Venture Partners, Presence Capital, CLI Ventures, and Rising Tide. The company will use the funding for product development.

healthcare

Healthcare cost management solutions provider MultiPlan will be acquired by Hellman & Friedman, Starr Investment, Leonard Green & Partners, and GIC in a transaction valued at $7.5 billion. Further terms of the deal have not been disclosed.

infrastructure

VLine, a developer of video chat infrastructure for SaaS-based companies, has been acquired by video chat room app Airtime. The acquisition provides Airtime with strengthened back-end capabilities. Terms of the deal were not disclosed.

security

Network security startup Observable Networks has raised $2 million in a round of funding from MK Capital and private investors. The company will use the new round of funding for expanding marketing and sales initiatives.

Information

product/price information

RangeMe, operator of a product discovery platform for retailers, has raised $4 million in a round of funding led by Simon Equity Partners and Freestyle Capital with participation from Transmedia Capital. The company will use the funding for product development.

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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