Daily Deal Activity 10/03/16

Digital Media/Commerce

digital marketplace

Germany-based online social lending platform Smava has raised $34 million in a round of funding from Runa Capital, Verdane Capital, and Earlybird. The company will use the funding for building out its credit comparison offering.

ecommerce

Italy-based wine eCommerce company Tannico has raised $4.3 million in a round of funding from Programma 101. The company will use the new round of funding for expanding its geographic presence within Europe.

mobile content/apps, ecommerce

China-based bike rental app developer MoBike has raised $100 million in a round of funding led by Hillhouse Capital and Warburg Pincus with participation from Sequoia Capital and Qiming Venture Partners. The company will use the funding for expanding its presence geographically.

niche content

Italy-based online newspaper publisher Giornalettismo has been acquired by Nexilia from Banzai Media. The acquisition provides Nexilia with an expanded digital news portfolio. Terms of the deal were not disclosed.

digital advertising

local search

Pet sitter network Rover.com has raised $40 million in Series E funding led by Foundry Group and Menlo Ventures with participation from Madrona Venture Group. The company will use the funding for expanding its presence geographically.

vertical search

India-based air ticket aggregator Mystifly has raised $5 million in a round of funding from Recruit Holdings. The company will use the new round funding for expanding sales and marketing initiatives internationally.

vertical search

Business travel hotel booking platform Roomex has raised $3.9 million in a round of funding from Frontline Ventures and private investors. The company will use the new round of funding for product development.

Marketing Technology

analytics & targeting

Digital to print website tracking technology developer NaviStone has raised an undisclosed amount of funding from Queen City Angels. The company will use the new round of funding for expanding marketing efforts.

analytics & targeting

Video analytics solutions provider Tout has raised $26 million in Series C funding led by Melohn Group with participation from Windsor Media, Pittco Capital Partners, HL Capital, Seavest Capital, and WWE. The company will use the funding for sales initiatives.

crm

CarForce, developer of a customer retention platform for car dealerships, has raised an undisclosed amount of funding from Digitech Venture Capital. The company will use the new round of funding for expanding its presence within the US.

Traditional Media

broadcast television

UK-based pay-TV streaming service TVPlayer has raised $6.4 million in a round of funding from A&E Networks and Beringea. The company will use the new round of funding for expanding operations in the UK.

Software

financial, mobile technology

Japan-based restaurant reservation management platform TORETA has raised $12 million in a round of funding from Eight Roads Ventures. The company will use the new round of funding for expanding its engineering division.

healthcare

Healthcare management platform developer vCareConnect has been acquired by private equity firm GCI. The acquisition provides vCareConnect with the resources for product development efforts. Terms of the deal were not disclosed.

information

credit/risk information

Consumer credit score startup Aire has raised $2 million in a round of funding led by White Star Capital with participation from Sunstone Capital and Accion Venture Lab. The company will use the new round of funding for expanding its customer base.

engineering/scientific/tech information

Life science patent search company GQ Life Sciences has been acquired by mission critical software solutions developer Aptean. The acquisition provides Aptean with expanded search capabilities. Terms of the deal were not disclosed.

financial information

IG Group Holding will acquire financial news and research portal DailyFX from Forex Capital Markets (Nasdaq:FXCM) for $40 million. The acquisition provides IG Group with an expanded client base. DailyFX financial information was not disclosed.

business services

engineering consulting

Environmental engineering and technical consulting services provider ATC Group Services will acquire competitor Environmental Compliance Services. The acquisition provides ATC with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

Australia-based IT solutions provider ASG Group will be acquired by Japan-based Nomura Research Institute for $262 million. The acquisition represents of 1.8x ASG’s LTM revenue and 14.3x its LTM EBITDA.

it consulting

Web and software development company Inviqa has acquired software consultancy Byng Group. The acquisition will provide Inviqa with an expanded digital innovations practice. Terms of the deal were not disclosed.

training

K-12 digital learning platform operator Redbird Advanced Learning has been acquired by McGraw-Hill Education. The acquisition is complementary to McGraw-Hill’s adaptive learning products portfolio. 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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