Daily Deal Activity 05/12/16

Digital Media/Commerce

classifieds/auctions/p-to-p

Online art auctioneer Paddle8 will merge with competitor Auctionata. The combined company will have revenues of more than a reported $140 million as it looks to expand in the art sales middle market. Terms of the deal were not disclosed.

classifieds/auctions/p-to-p

Spain-based mobile classifieds startup Wallapop will be acquired by competitor LetGo. The combined company will operate under the LetGo brand and has raised a $100 million investment led by Naspers. The acquisition will see the combined company expand its presence in the US. Terms of the deal were not disclosed.

ecommerce

Online wine subscription retailer Invino has acquired wine club operator Glassful. The acquisition will provide Invino with an expanded enthusiast community and distributor network. Terms of the deal were not disclosed.

ecommerce

Grocery delivery startup GroceryButler has been acquired by competitor ShopWings. The acquisition will provide ShopWings with an expanded logistics network and geographic presence. Terms of the deal were not disclosed.

mobile content/apps

Retailer discount collection app Earny has raised $1.2 million in a round of funding from Sweet Capital and Science, Inc. The company will use the new round of funding for expanding operations and product development.

mobile content/apps

On-demand insurance app Sure has raised $2.6 million in a round of funding from ff Venture Capital, Montage Ventures, and Fosun Kinzon Capital. The company will use the funding for building out platform functionality.

niche content

Motorsport.com has acquired Hungary-based motorsports website gp-live.hu. The acquisition coincides with Motorsport.com’s expansion strategy as it looks to building out its international content portfolio. Terms of the deal were not disclosed.

niche content

Outdoors resource site Trails.com has been acquired by family websites operator LoveToKnow. The acquisition will provide Trails.com with the resources for building out its member community. Terms of the deal were not disclosed.

social media/apps

China-based ChatBase, operator of a Snapchat-like app for video calls, has raised $14 million in a round of funding from private investors. The company will use the new round of funding for continued product development initiatives.

Digital Advertising

game advertising

Live gaming fan engagement platform Revlo has raised $1.1 million in a round of funding from Y Combinator, Extreme Ventures, and Tandem Ventures. The company will use the new round of funding for expanding operations.

local search, niche content

Commercial interior design search and discovery network Kontor has raised $6.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding headcount and operations.

vertical search

Local travel agent search platform Evaneos has raised $21 million in a round of funding from Serena Capital, Bpifrance, ISAI, and XAnge. The company will use the new round of funding for expanding its presence in the US.

Marketing Technology

analytics & Targeting

Business-to-business attribution analytics company 10Stories has been acquired by competitor tracking analytics platform TrackMaven. The acquisition will provide TrackMaven with expanded campaign discovery capabilities. Terms of the deal were not disclosed.

commerce management

Germany-based eCommerce solutions company Tradebyte has been acquired by online fashion retailer Zalando. The acquisition will expand Zalando’s partner program and brand network. Terms of the deal were not disclosed.

mrm/workflow management

Document and workflow management solutions business AcroSoft has been acquired by Hyland Software from Interactive Intelligence (Nasdaq:ININ) The acquisition provides Hyland with expanded offerings for insurance providers. Terms of the deal were not disclosed.

Agency & Marketing Services

digital agency

Digital design and user experience agency MMT Digital has been acquired by digital media and analytics agency Be Heard Group. The acquisition provides Be Heard with an expanded client base. Terms of the deal were not disclosed.

experiential marketing

Creative and experiential marketing firm Barkley Kalpak Agency has been acquired by UK-based events operating agency First Protocol. The acquisition provides First Protocol with expanded international presence. Terms of the deal were not disclosed.

Software

data management

Data protection and cloud migration company Vision Solutions has been acquired by Clearlake Capital Group from Thoma Bravo. The acquisition provides Vision with the resources for expanding its international presence. Terms of the deal were not disclosed.

erp

Norway-based enterprise resource planning solutions provider Merit Consulting has been acquired by Infor. The acquisition will see Merit integrate with Infor’s Services group. Terms of the deal were not disclosed.

Business Services

it consulting

Great Hill Partners has made a majority investment in cloud services company Evolve IP. The company will use the new resources for building out product offerings while expanding its geographic presence. 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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