Daily Deal Activity 10/05/16

Digital Media/Commerce

ecommerce

Kids classes subscription service KidPass has raised $1.2 million in a round of funding from private investors. The company will use the new round of funding for expanding its geographic presence domestically.

mobile content/apps, local search

Meal review app developer Wine n Dine has raised $2.5 million in a round of funding from Jordache Ventures and Melo7 Tech Partners. The company will use the new round of funding for expanding its geographic presence.

social media/apps

Social virtual reality platform VRChat has raised $1.5 million in a round of funding from HTC, Rothenberg Ventures, and Brightstone Venture Capital. The company will use the funding for product development efforts.

digital advertising

mobile marketing

Mobile data marketplace TapFwd has raised $3 million in a round of funding from Partech Ventures and private investors. The company will use the new round of funding for expanding its sales and marketing divisions.

Search MArketing

Update from 10/4: Criteo’s $250 million acquisition of Hooklogic represents approximately 2 to 2.5x the company’s 2019 projected net revenue ($110 million), and is estimated to represent between 6.6 and 7.1x 2016E revenue. Hooklogic is expected to generate $130 million in gross revenue in 2016.

Marketing Technology

analytics & targeting

Video analytics and customer engagement solutions company Rednun has been acquired by customer experience management company NGDATA. The acquisition will the company integrated into NGDATA’s Lily Enterprise operating system. Terms of the deal were not disclosed.

commerce management

Sellerworx, a developer of solutions for launching online marketplaces, has been acquired by customer relationship management platform developer Capillary Technology. The acquisition provides Capillary with expanded digital commerce management capabilities. Terms of the deal were not disclosed.

social technology

Social media management and analytics tools developer JustGo has been acquired by digital music distributor TuneCore. The acquisition provides TuneCore expanded social capabilities for its Artist and music marketer platform. Terms of the deal were not disclosed.

teleservices/eservices

UK-based customer interaction solutions company Vizolution has raised $6.4 million in a round of funding from HSBC. The company will use the new round of funding for expanding its presence within the US.

Software

application management

Machine intelligence software developer CognitiveScale has raised $3.2 million in a round of funding from Microsoft Ventures. The company will use the new round of funding for product development initiatives.

data management

Enterprise information archiving solutions company GWAVA has been acquired by Micro Focus. The acquisition will provide Micro Focus with an expanded software portfolio. Terms of the deal were not disclosed.

data management

Customer consent and personal data management company Trunomi has raised $3 million in a round of funding from WorldQuant Ventures and Saturn Partners. The company will use the funding for expanding its presence internationally.

erp

Supply chain management solutions company DiCentral has raised $15 million in Series A funding from Kayne Partners. The company will use the new round of funding for pursuing potential strategic acquisition opportunities.

financial

Payments API company Stripe has raised an undisclosed amount of funding from Japan-based credit card company Sumitomo Mitsui Card Company. The funding coincides with the company’s initial service launch in Japan.

financial

Online restaurant reservation management company Tock has raised $7.5 million in a round of funding from Origin Ventures, Chicago Ventures, Hyde Park Ventures, and Pritzker Group. The company will use the funding for expanding headcount.

healthcare

Patient engagement software company Emmi Solutions has been acquired by Wolters Kluwer for $170 million. The acquisition will see the company integrated into Wolters Kluwer Health. Emmi Solutions financial information was not disclosed.

business services

healthcare consulting

Medical information and compliance consulting company ProPharma Group has been acquired by Linden Capital Partners. The acquisition provides ProPharma with the resources for expanding operations. Terms of the deal were not disclosed.

it consulting

Nonprofit customer relationship management implementation company ACF Solutions has been acquired by management consulting firm Attain. The acquisition provides Attain with an expanded Salesforce practice. Terms of the deal were not disclosed

it consulting, security

Federal agency cybersecurity solutions company Defense Point Security has been acquired by Accenture. The acquisition will be complementary to Accenture’s Federal Services Group. Terms of the deal were not disclosed.

it consulting

HNA Group will acquire China-based IT outsourcing firm Pactera Technology from Blackstone Group in a transaction valuing the company at $930 million. Pactera reported $777 million in 2015 revenue, representing a revenue multiple of approximately 1.2x.

it consulting

UK-based eCommerce systems integration Williams Commerce has acquired competitor Flint Technology. The acquisition provides Williams Commerce with an expanded geographic presence. Terms of the deal were not disclosed.

training

Emergency medical service continuing education programs provider Medic-CE has been acquired by professional training programs company Career Step. The acquisition provides Career Step with an expanded EMS training offering. 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: