Daily Deal Activity 10/10/16

digital marketplace

Student housing booking platform DormBooker has been acquired by Spire Technologies. The acquisition will see Spire launch a new web-based student housing platform. Terms of the deal were not disclosed.

digital marketplace

Interior design projects marketplace CoContest has raised $1.9 million in a round of funding from Draper Associates and LVenture Group. The company will use the new round of funding for expanding operations.

digital marketplace

France-based Share Your Office, operator of a marketplace for connecting freelancers with unused office space, has raised $2.2 million in a round of funding from undisclosed investors. The company will use the funding for expanding its presence internationally.

ecommerce

Germany-based real estate crowdinvesting platform iFunded has raised an undisclosed amount of funding from Creathor Venture. The company will use the new round of funding for user adoption efforts while expanding operations.

ecommerce

Australia-based subscription video-on-demand company Quickflix has been acquired by Karma Media. The acquisition provides Quickflix with the resources expanding its content offerings in niche markets. Terms of the deal were not disclosed.

gaming

France-based interactive gaming platform company Oxent has been acquired by website publishing services company Webedia. The acquisition provides Webedia with an expanded presence in the areas of gaming and entertainment. Terms of the deal were not disclosed.

gaming

Finland-based mobile gaming company Snowfall has raised $1.1 million in a round of funding from private investors. The company will use the new round of funding for expanding its geographic presence within Asia.

mobile content/apps, ecommerce

Iran-based ride sharing app Snapp has raised $22.3 million in a round of funding from MTN. The company will use the new round of funding for building out its mobile platform and expanding its geographic presence.

social media/apps

Nightlife social app Hooch has raised $1.5 million in a round of funding led by Blue Scorpion Investments with participation from Access Industries. The company will use the new round of funding for expanding its geographic presence.

Marketing Technology

analytics & targeting

Singapore-based data analytics startup Nugit has raised $5.2 million in a round of funding from Sequoia Capital. The company will use the new round of funding for expanding headcount and research and development initiatives.

agency & marketing services

b-to-b agency

Employee incentives and events agency Fisher Moy has been acquired by voucher and prepaid gift cards company Park Group. The acquisition is complementary Park Group’s geographic presence. Terms of the deal were not disclosed.

specialty agency, broadcast radio

Atairos Group will acquire college sports marketing company Learfield Communications from Providence Equity Partners for a reported $1.3 billion. The acquisition provides Atairos with the resources for expanding its presence in the collegiate sports market. Learfield Communications financial information was not disclosed.

Software

application management

Open-source applications framework Skymind has raised $3 million in a round of funding from Tencent and Y Combinator. The company will use the new round of funding for product development on its open source project.

collaboration

Online audio collaboration company Soundtrap has raised $6 million in Series A funding from private investors. The company will use the new round of funding for product development initiatives while expanding into new markets.

collaboration

Cloud application consulting enablement software developer WorkRails has raised $2.3 million in a round of funding led by Boldstart Ventures with participation from Lerer Hippeau Ventures and Lattice Ventures. The company will use the funding for product development.

credit/risk

Treasury and risk management solutions company Reval has been acquired by trading workflow automation solutions developer ION Investment Group. The acquisition provides ION with complementary TRM offerings. Terms of the deal were not disclosed.

erp

Fleet management technology developer Zonar has raised a majority investment from Continental. The investment will provide Continental with an expanded mobility services offering and aftermarket product portfolio for commercial vehicles.

healthcare, collaboration

Caregiver collaboration platform SeniorLink has raised $7.5 million in a round of funding from NewSpring Capital. The company will use the new round of funding for building out its collaboration and coaching platform.

information

healthcare information

Medical terminology solutions company Intelligent Medical Objects has raised an undisclosed amount of funding from Warburg Pincus. The company will use the new round of funding for pursuing strategic acquisition opportunities.

healthcare information

Healthcare professional information company M3 will acquire France-based healthcare information systems company Vidal Group for $111 million. The acquisition is complementary to M3’s healthcare informatics system offering. Vidal Group financial information was 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: