Daily Deal Activity 08/04/16

Digital Media/Commerce

ecommerce

The Netherland-based food delivery platform Benelux has been acquired by Takeaway.com from Just Eat for $25 million. The acquisition provides Takeaway.com with an expanded geographic presence. Beleux financial information has not been disclosed.

ecommerce

Online alcohol delivery platform Drizly has raised $15 million in Series B funding led by Polaris Partners. The company will use the new round of funding for expanding its presence within the US and internationally.

ecommerce

Indonesia-based on-demand motorbike taxi service Go-Jek has raised $550 million at a reported valuation of $1.3 billion in a round of funding from KKR, Warburg Pincus, Sequoia Capital, DST Global, and NSI Ventures. The company will use the new round of funding for expanding its presence domestically.

ecommerce

Jewelry eCommerce company My Flash Trash has been acquired by Hong Kong-based jewelry manufacturer Nefertiti Group. The acquisition provides Nefertiti with an expanded customer base. Terms of the deal were not disclosed.

mobile content/apps, legal software

Airline passenger legal services app developer AirHelp has raised $12 million in Series A funding from Khosla Ventures and Galvanize Ventures. The company will use the new round of funding for expanding operations.

niche content

Local news portal Hoodline has been acquired by competitor Ripple. The acquisition will provide Ripple with a strengthened editorial team as it looks to expand its audience base. Terms of the deal were not disclosed.

niche content

Content marketing agency Sway Group has acquired fashion and beauty blogging site iFabbo. The acquisition provides Sway Group with expanded influencer marketing capabilities. Terms of the deal were not disclosed.

web search/portals

Japan-based commercial printing portal sites operator company Raksul has raised $20.2 million in a round of funding from Fidelity Investments, Development Bank of Japan, GMO Venture Partners, and Global Catalyst Partners. The company will use the funding for expanding internationally.

Marketing Technology

ad serving, analytics & targeting

Third-party analytics data and targeting solutions developer Yieldbot has raised $35 million in Series C funding led by Staley Capital with participation from RRE Ventures, New Atlantic Ventures, SJF Ventures, and Converge Venture Partners. The company will use the new round of funding for expanding sales and marketing initiatives.

analytics & targeting

Kroger’s analytics arm 84.51° has acquired Market6, a provider of collaborative analytics solutions for retailers. The acquisition provides Market6 with strengthened customer insights capabilities. Terms of the deal were not disclosed.

commerce management

Retailer eCommerce solutions developer DynamicAction has raised $15 million in a round of funding led by Accenture Ventures with participation from West Coast Capital, Frog Capital, and ePlanet Ventures. The company will use the funding for expanding its partnership with Accenture.

content management

Content marketing platform ZenContent has been acquired by content workflow solutions company IZEA for $4.5 million. The acquisition provides IZEA with expanded virtual workforce and content creation capabilities. ZenContent financial information was not disclosed.

Agency & Marketing Services

digital agency

WPP-owned J. Walter Thompson has acquired a majority stake in Turkey-based digital agency WANDA Digital. The acquisition provides Walter J. Thompson with an expanded international presence. Terms of the deal were not disclosed.

Software

cloud computing

Network traffic intelligence company Kentik Technologies has raised $23 million in Series B funding led by Third Point Ventures with participation from August Capital, First Round Capital, Engineering Capital, and Glynn Capital. The company will use the funding for expanding headcount.

healthcare

Patient-focused care platform Elation Health has raised $15 million in Series B funding led by DFJ with participation from private investors. The company will use the new round of funding for expanding operations.

hr

Cloud-based employee benefits exchange services provider benefitexpress has acquired broker benefits enrollment solutions developer benefitsCONNECT. The acquisition provides benefitexpress with expanded offerings for insurance brokers. Terms of the deal were not disclosed.

hr

Hourly worker management solutions developer Homebase has raised $6 million in a round of funding led by Khosla Ventures with participation from Baseline Ventures and Cowboy Ventures. The company will use the funding for hiring talent.

hr

UK-based human resources and payroll database developer Pyramid has been acquired by competitor Specialist Computer Services. The acquisition provides SCS with an expanded customer base. Terms of the deal were not disclosed.

infrastructure

Network discovery and converged control platform developer Sedona Systems has raised $13.6 million in Series B funding led by Intel Ventures with participation from NextStar and Bessemer Venture Partners. The company will use the funding for sales initiatives.

legal

Australia-based legal services startup LegalVision has raised $4.2 million in Series B funding from Gilbert+Tobin. The company will use the new round of funding for building out the machine learning capabilities of its product.

Information

engineering/scientific/ tech information

Commodity price reporting agency S&P Global Platts has acquired energy data consultancy Pira Energy Group. The acquisition coincides with Platts’ industry specialist data expansion strategy. 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: