Daily Deals Activity 06/30/16

Digital Media/Commerce

classifieds/auctions/p-to-p, online lead generation

Care services marketplace Care.com (NYSE:CRCM) has received a $46.4 million investment from Google Capital. The transaction makes Google Capital the largest shareholder in Care.com and marks its first investment in a public company. Care.com had a market capitalization of $276 million as of June 29th.

classifieds/auctions/p-to-p

Furniture resale marketplace Move Loot has been acquired by home services company Handy. The acquisition will see Handy expand its customer list and shut down all remaining Move Loot assets. Terms of the deal were not disclosed.

ecommerce

UK-based music festival booking platform Festicket has raised $6.3 million in Series B funding from Wellington Partners, PROfounders, and Playfair Capital. The company will use the funding for expanding operations.

ecommerce

France-based personal vehicle rental platform TravelerCar has received an undisclosed investment from PSA Group. The company will use the new round of funding for expanding its geographic presence within Europe.

niche content

Millennial male-focused digital media company Woven Digital has raised $18.5 million in a round of funding led by WPP Ventures with participation from Institutional Venture Partners and Advancit Capital. The company will use the funding for expanding its presence internationally.

Marketing Technology

analytics & targeting

dv01, developer of an analytics platform for lending markets, has raised $7.5 million in a round of funding from Quantum Strategic Partners and Pivot Investment Partners. The company will use the funding for expanding its engineering division.

content management

Italy-based sports media broadcasting and live-streaming solutions company deltatre has been acquired by Bruin Sports Capital. The acquisition will provide deltatre with an expanded presence in the US. Terms of the deal were not disclosed.

teleservices/eservices

IT alerting and on-call management platform OpsGenie has raised $10 million in Series A funding from Battery Ventures. The company will use the new round of funding for go to market initiatives and product development.

Agency & Marketing Services

channel services

IT company channel marketing services provider The IT Marketing Agency has been acquired by UK-based digital marketing agency Sherpa Marketing. The acquisition provides Sherpa Marketing with an expanded presence in the US. Terms of the deal were not disclosed.

Traditional Media

b-to-b media

Germany-based interdisciplinary technology festival operator Tech Open Air has raised an undisclosed amount of funding from Project A Ventures, Delivery Hero, Auto1 Group, HelloFresh, and Zalando. The company will use the funding for expanding its presence internationally.

cable & Satellite Television, Entertainment media

Media and entertainment company Starz (Nasdaq:STRZ.A) will be acquired by Lions Gate Entertainment (NYSE:LGF) for $4.4 billion in cash and stock. The acquisition of $32.73 per Starz share represents a premium of 18 percent over the company’s 20-day average trading price as of June 28th. Starz has reported LTM revenues of $1.7 billion and EBITDA of $391 million.

consumer book publishing

Seidler Equity Partners has acquired a majority stake in print music publisher Hal Leonard. The acquisition provides Hal Leonard with the resources for potential acquisition opportunities and digital initiatives. Terms of the deal were not disclosed.

Software

erp

Fulfillment software developer Convey has raised $4.5 million in Series A funding from Silverton Partners. The company will use the new round of funding expanding its research and development initiatives.

financial

Healthcare supply chain management solutions company Global Health Exchange has acquired payment management solutions company Hap-X. The acquisition provides GHE with an expanded financial products portfolio. Terms of the deal were not disclosed.

financial

Higher education institution refund disbursement and payment processing solutions provider Higher One Holdings (NYSE:ONE) has been acquired by Blackboard in a transaction valuing the company at $260 million. The acquisition of $5.15 per Higher One share represents a 37.3 percent premium over the company’s June 29th closing price. Higher One has 2015 revenues of $152 million.

geo-demo

Indoor mapping platform developer Mappedin has raised $3.5 million in a round of funding from Green Century Investments and Amolino. The company will use the new round of funding for platform development initiatives.

healthcare

Healthcare revenue cycle performance solutions company iHealth Solutions has raised an undisclosed amount of funding from Fulcrum Equity Partners. The company will use the new round of funding for expanding its customer base.

hr

Talent acquisition platform developer SmartRecruiters has raised $30 million in Series C funding from Insight Venture Partners. The company will use the new round of funding for product development initiatives.

security

IoT management and security platform developer Zentri has been acquired by data aggregation and management platform developer Buddy Platform. The acquisition provides Buddy Platform with expanded product authentication capabilities. Terms of the deal were not disclosed.

Information

healthcare information

Consumer personal financial and health data company digi.me has raised $6.1 million in Series A funding from Swiss Re. The company will use the new round of funding for product development initiatives and hiring talent.

hr information

Employee engagement programs provider HealthiestYou has been acquired by telemedicine company Teladoc (NYSE:TDOC) for $125 million. HealthiestYou has reported 2015 revenues of $10 million and $8 million in revenues for the first 6 months of 2016.

Business Services

it consulting/systems integration

Compliance software IT solutions company Cymbel Corporation has been acquired by Pinnacle Group. The acquisition provides Pinnacle with expanded offerings for the security and compliance software market. 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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: