Daily Deal Activity 08/30/16

Digital Media/Commerce

digital marketplace

Used machinery and equipment marketplace IronPlanet will be acquired by Ritchie Bros Auctioneers for a reported $758.5 million. The acquisition will see Ritchie Bros partner with Caterpillar for live onsite and online auctions. IronPlanet financial information was not disclosed.

ecommerce

Brazil-based pet-sitting marketplace DogHero has raised $3.1 million in a round of funding from Monashees Capital. The company will use the new round of funding for building out its sitter network domestically.

mobile content/apps

Mobile messaging application Trumpit has been acquired by Wayfair. The acquisition provides Wayfair with expanded photo and video messaging capabilities for its mobile app. Terms of the deal were not disclosed.

Marketing Technology

content management, healthcare software

Zillion Group, developer of a content management system for healthcare providers, has raised $28 million in Series C funding from TwinFocus Capital Partners. The company will use the funding for platform development efforts.

market research

Game analytics and research firm EEDAR has been acquired by The NPD Group. The acquisition provides The NPD Group with expanded marketing and design capabilities for game releases. Terms of the deal were not disclosed.

media management platform

Media monitoring platform company Blackwood Seven has raised $15.1 million in a round of funding from Conor Venture Partners, Jolt Capital, and Sunstone Capital. The company will use the funding for expanding its presence into the US.

mrm/workflow management

Employee engagement platform Glint has raised $25 million in Series C funding led by Meritech Capital Partners and Bessemer Venture Partners with participation from Norwest Venture Partners and Shasta Ventures. The company will use the funding for expanding headcount.

teleservices/eservices

Call center software solutions company Calabrio will be acquired by KKR for reported $200 million. The acquisition provides Calabrio with the resources for building out its unified workforce optimization solution. Calabrio financial information was not disclosed.

agency & Marketing Services

design agency

Local search and digital marketing company Advice Interactive Group has acquired mobile app design agency Scanther Mobile. The acquisition provides Advice Interactive with strengthened local presence management offerings. Terms of the deal were not disclosed.

Software

cloud computing

Cloud adoption programs provider Cloud Technology Partners has raised an undisclosed amount of Series C funding from Rackspace, State Street Bank, and Pritzker Group Venture Capital. The company will use the funding for expanding its sales and delivery divisions.

collaboration

Business processes communication platform xMatters has raised $42 million in a round of funding from Golub Capital and JMI Equity. The company will use the new round of funding for expanding operations and product development.

credit/risk

Digital ID verification company Jumio has raised $15 million in a round of funding from Centana Growth Partners and Millennium Technology Value Partners. The company will use the new round of funding for sales and marketing initiatives.

financial

Corporate travel and meetings program management company American Express Global Business Travel has acquired travel and expense solutions company KDS. The acquisition provides American Express Global with an expanded international presence. Terms of the deal were not disclosed.

healthcare

Care management platform Health2Sync has raised $3 million in Series A funding led by WI Harper Group with participation from Cherubic Ventures. The company will use the funding for expanding its presence within Asia.

healthcare

Care coordination platform Patient IO has been acquired by athenahealth (Nasdaq:ATHN). The acquisition will provide athenahealth with an expanded mobile patient self-management offering. Terms of the deal were not disclosed.

healthcare

Pharmacy benefit management company RxAdvance has raised an undisclosed amount of funding from private investors. The company will use the new round of funding for expanding its presence within the US.

healthcare

Life sciences analytics company SHYFT Analytics has raised $12.5 million in Series B funding from McKesson Ventures, Medidata Solutions, Health Enterprise Partners, and Milestone Venture Partners. The company will use the funding for platform development initiatives.

infrastructure

Data center container integration solutions company ContainerX will be acquired by Cisco. The acquisition will see ContainerX integrated into Cisco’s Cloud Platform & Services Group. Terms of the deal were not disclosed.

infrastructure

Big data container deployment developer Galactic Exchange has raised an undisclosed amount of funding from Signia Venture Partners and Floodgate. The company will use the new round of funding for hiring talent.

security

Cyber threat intelligence company IntSights has raised $7.5 million in Series A funding led by Blumberg Capital with participation from Glilot Capital Partners, Blackstone, and Wipro Ventures. The company will use the funding for expanding its marketing and sales divisions.

security

Security intelligence company LogRhythm has raised $50 million in a round of funding led by Riverwood Capital with participation from Adams Street Partners, Siemens Venture Capital, and Delta-v Capital. The company will use the funding for expanding its presence internationally.

business services

Frazier Healthcare Partners will acquire a 60 percent majority stake in in-home health assessment services provider Matrix Medical Network from Providence Service Corporation (NYSE:PRSC) in a transaction valuing Matrix Health at $537.5 million. The acquisition represents 2.5x Matrix Health’s 2015 revenue and 18.2x 2015 EBITDA.

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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