Daily Deal Activity 07/05/16

Digital Media/Commerce

digital marketplace

HourlyNerd, operator of a platform for businesses to offer and bid on projects, has raised $22 million in Series C funding led by General Catalyst Partners with participation from Highland Capital Partners, GE Ventures, and Greylock Partners. The company will use the new round of funding for product development initiatives.

digital marketplace

Canada-based digital automotive marketplace Trader Corporation has been acquired by Thoma Bravo from Apax Partners in a transaction valued at $1.2 billion. The acquisition will provide Trader with the resources for expanding its presence internationally. Further terms of the deal were not disclosed.

ecommerce

India-based ticketing portal BookMyShow has raised $81.5 million in a round of funding led by Stripes Group with participation from Accel Partners, Network 18, and SAIF Partners. The company will use the new round of funding for expanding headcount.

mobile content/apps

Homee, developer of a personal interior design app, has raised $9.2 million in a round of funding from private investors. The company will use the new round of funding for expanding its marketing and sales divisions.

mobile content/apps

Online ski resort reservation platform and app Skioo has raised $6.1 million in a round of funding from Investinor and Canica. The company will use the new round of funding for expanding its presence internationally.

niche content

Sports coverage platform ScoreStream has raised $1.8 million in a round of funding from private investors. The company will use the new round of funding for expanding headcount while focusing on building out its audience base.

social media/apps

Social media network operator Ask.fm has been acquired by Noosphere from IAC. The acquisition will provide Ask.fm with the resources for building out increased security offerings for its network. Terms of the deal were not disclosed.

Digital Advertising

comparison shopping

Germany-based insurance comparison portal Finanzchef24 has raised $4.4 million in a round of funding from Target Partners, HW Capital, and Mercura Capital. The company will use the new round of funding for platform development efforts.

Marketing Technology

analytics & Targeting

Publisher targeting solutions company Parrable has raised $2.9 million in a round of funding from undisclosed investors. The company will use the new round of funding for research and development initiatives.

market research

Market research consultancy Future Thinking has acquired data science market research services provider GemSeek. The acquisition provides Future Thinking with expanded research support offerings. Terms of the deal were not disclosed.

social technology

Social media content analytics company Echobox has raised $3.4 million in a round of funding from Mangrove Capital Partners and LocalGlobe. The company will use the new round of funding for expanding operations.

Agency & Marketing Services

digital agency

Web development agency Webvanta has been acquired by Australia-based competitor Xfive. The acquisition provides Xfive with an expanded international presence as it looks to move into the education market. Terms of the deal were not disclosed.

healthcare agency

Healthcare public relations consultancy Packer Forbes has been acquired by public relations agency Four Communications Group. The acquisition will see Pack Forbes integrated into Four Communications’ healthcare group Four Health. Terms of the deal were not disclosed.

Software

erp

France-based serialization software developer Adents has raised $13.2 million in a round of funding from NAXICAP Partners, Omnes Capital, and CapHorn Invest. The company will use the new round of funding for expanding internationally.

erp

Enterprise resource planning and retail management software developer Epicor Software will be acquired by KKR from Apax Partners in a transaction valued at a reported $3.3 billion. Epicor has reported 2015 revenues of $1 billion.

erp

Honeywell (NYSE:HON) will acquire fulfillment software solutions provider Intelligrated from Permira Advisers for $1.5 billion in cash. The acquisition provides Honeywell with expanded supply chain and warehouse automation capabilities. Further terms of the deal were not disclosed.

financial

Retirement planning solutions company aboutLife has been acquired by personal finance solutions provider NerdWallet. The acquisition provides NerdWallet with expanded offerings for small businesses. Terms of the deal were not disclosed.

financial

India-based property management startup Cozilla has been acquired by BuildTraders. The acquisition will provide BuildTraders with an expanded domestic presence and digital offering. Terms of the deal were not disclosed.

healthcare

India-based online healthcare platform CureFit has raised $15 million in a round of funding from Accel Partners, IDG Ventures, and Kalaari Capital. The company will use the new round of funding for expanding its presence domestically.

hr

UK-based healthcare staffing and workplace management software developer Network Locum has raised $7 million in Series B funding from BGF Ventures. The company will use the new round of funding for launching a mobile offering.

software development tools

Australia-based software applications development company Readify has been acquired by telecommunications provider Telstra. The acquisition will provide Telestra with an expanded cloud offering. Terms of the deal were not disclosed.

Business Services

it consulting

Canada-based telecommunications group Connex has acquired technical support services provider Dependable IT. The acquisition provides Connex with expanded technical and sales call center support 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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