Daily Deal Activity 07/11/16

Digital Media/Commerce

digital marketplace

Pre-owned car retailer Vroom has raised $28.8 million in a round of funding undisclosed investors. The company will use the new round of funding for expanding its geographic presence and building out its customer base.

ecommerce

India-based produce marketplace Crofarm has raised $1.5 million in a round of funding from SAIF Partners. The company will use the new round of funding for expanding its geographic presence domestically.

ecommerce

India-based online beauty marketplace Purplle has raised $6 million in a round of funding from JSW Ventures. The company will use the new round of funding for expanding its research and development division.

mobile content/apps

Mobile productivity app cSuite has raised an undisclosed amount of funding from Caretta Partners. The company will use the new round of funding for expanding operations while focusing on marketing and sales initiatives.

mobile content/apps

Savings and investment app Moneybox has raised $1.8 million in a round of funding led by Oxford Capital Partners with participation from Samos Investments. The company will use the funding for expanding its customer base.

social media/apps

Singapore-based dating app developer Paktor has raised $10 million in a round of funding led by YJ Capital with participation from Golden Equator Capital. The company will use the new round of funding for expanding user base.

Digital Advertising

local search

Germany-based intercity bus meta-search company CheckMyBus has raised an undisclosed amount of funding from Howzat Partners. The company will use the new round of funding for expanding its presence internationally.

vertical search

Spain-based jobs marketplace Cornerjob has raised $25 million in Series B funding led by Northzone with participation from e.ventures. The company will use the new round of funding for expanding its presence internationally.

Marketing Technology

crm

Switzerland-based online car dealership platform Autolina.ch has raised an undisclosed amount of funding from AXA Strategic Ventures. The company will use the new round of funding for introducing new product capabilities.

media management system

India-based automotive media solutions company AllGo Embedded Systems has been acquired by Visteon (NYSE:VC) for $15 million. The acquisition provides Visteon with expanded capabilities for its infotainment offerings. Further terms of the deal were not disclosed.

Agency & Marketing Services

general agency

Belgium-based creative agency Famous has been acquired by Grey Group. The acquisition will see Famous rebranded as FamousGrey while expanding Grey’s presence in Belgium. Famous has 2015 reported revenues of more than $9 million.

Traditional Media

entertainment media

WME|IMG will acquire Ultimate Fighting Championship from Zuffa in a transaction valued at a reported $4 billion. WME will serve as operating partner along with equity financing support from Silver Lake Partners, KKR, and MSD Capital. UFC has reported 2015 earnings of between $200 million and $250 million.

Software

collaboration

Data collaboration solutions developer Data.world has raised $14 million in Series A funding led by Shasta Ventures with participation from Capital Factory, Chicago Ventures, Floodgate, Rothenberg Ventures, and Homebrew. The company will use the funding for expanding operations.

engineering

Energy resource management software developer CleanSpark has been acquired by Stratean for $36 million. The acquisition provides Stratean with an expanded presence in the renewable energy sector. Further terms of the deal were not disclosed.

healthcare

Emergency medical services software developer ESO Solutions has raised an undisclosed amount of funding from Accel-KKR. The company will use the investment proceeds for sales, marketing, and product development initiatives.

security

Bot traffic detection solutions company Swarm Enterprises has been acquired by advertising technology firm Integral Ad Science. The acquisition provides Integral with expanded side channel analysis capabilities. Terms of the deal were not disclosed.

Information

healthcare information

Health engagement solutions company StayWell has been acquired by Merck & Co. The acquisition will see StayWell integrated into Merck’s Healthcare Services & Solutions arm. Terms of the deal were not disclosed.

scientific/tech information

Onex Corporation and Bering Private Equity have acquired the Intellectual Property & Science business of Thomson Reuters for $3.6 billion. The acquisition provides Reuters’ IP & Science business with the resources for expanding internationally. Further terms of the deal were not disclosed.

Business Services

it consulting/systems integration

UK-based contact center consulting services provider Sabio has raised $65 million in a round of funding from Lyceum Capital. The company will use the new round of funding for pursuing potential acquisition opportunities.

logistics

Entertainment and retail logistics company ANconnect has been acquired by home entertainment company Alliance Entertainment. The acquisition will provide Alliance with expanded distribution capabilities. 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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