Daily Deal Activity 07/01/16

Digital Media/Commerce

ecommerce

Hong Kong-based online dating platform Lovestruck has been acquired by mobile and location-based dating company DateTix Group. The acquisition provides DateTix with an expanded presence in Southeast Asia. Terms of the deal were not disclosed.

niche content

Home-focused content brand and creator community Kin Community has raised $13.5 million in Series D funding led by Emil Capital Partners with participation from Corus Entertainment. The company will use the new round of funding for expanding internationally.

Digital Advertising

digital promotion/coupon

Pamlico Capital has completed a recapitalization of consumer brand digital promotions company PrizeLogic. The transaction will provide PrizeLogic with the resources for expanding operations as it looks to build out its promotion programs offering.

Marketing Technology

analytics & targeting

Data analytics platform Vibrant Data has been acquired by commerce data company Slice Technologies. The acquisition provides Slice Technologies with expanded offerings for retailers and manufacturers. Terms of the deal were not disclosed.

content management

Customer Communications Management market solutions developer Prinova has raised $17 million in a round of funding from Volition Capital. The company will use the new round of funding for expanding the capabilities of its Messagepoint SaaS platform.

media management system

Australia-based video platform startup Genero has raised $4 million in a round of funding from Ellerstone Ventures. The company will use the new round of funding for hiring talent and expanding internationally.

mrm/workflow management

Online work schedule solution and personal planner L1NDA has raised $1.1 million in a round of funding from DHG. The company will use the new round of funding for hiring talent and expanding its presence internationally.

social technology

SaaS-based hotel reputation management platform Revinate has raised $15.3 million in Series B funding from Tenaya Capital, Northgate Capital, and Industry Ventures. The company will use the new round of funding for product development.

Agency & Marketing Services

digital agency

Sweden-based creative agency Forsman & Bodenfors has been acquired by MDC Partners for a reported $32.3 million in stock. The acquisition provides MDC with expanded creative capabilities. F&B had 2015 reported revenues of $40 million.

Software

financial

SaaS-based benchmarking solutions company DisclosureNet has been acquired by equity compensation management solutions company Certent. The acquisition provides Certent with expanded financial disclosure offerings. Terms of the deal were not disclosed.

financial

Retail point-of-sale software developer Index has raised $19 million in Series B funding led by General Catalyst with participation from Datalogix. The company will use the funding for expanding its engineering and product divisions.

financial

Wealth management solutions developer MyVest has been acquired by financial services provider TIAA. The acquisition provides TIAA with expanded capabilities for its wealth management services platform. Terms of the deal were not disclosed.

Business Services

bpo

Outsourced customer service and financial collections services provider Expert Global Solutions has been acquired by business outsourcing provider Alorica. The acquisition provides Alorica with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting/systems integrations

UK-based IT support and consultancy IT Lab has been acquired by ECI Partners. The acquisition provides IT Lab with the resources for expanding its engineering and sales divisions. Terms of the deal were not disclosed.

it consulting/systems integrations

France-based digital marketing agency Nextedia has acquired web development firm Novactive. The acquisition will provide Nextedia with expanded mobile site and application development offerings. Terms of the deal were not disclosed.

it consulting/systems integrations

Enterprise software support services provider Rimini Street has raised $125 million in a round of funding from Colbeck. The company will use the round of funding for expanding internationally while introducing new service offerings.

training

Video learning company Zaption has been acquired by Workday (NYSE:WDAY). The acquisition provides Workday with expanded capabilities for its human capital management software offering. 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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