Daily Deal Activity 10/13/16

Digital Media/Commerce

digital marketplace

Online auction software company Auction Mobility has acquired fine art marketplace Lofty.com. The acquisition provides Auction Mobility with expanded publishing capabilities for its art and collectibles auction house. Terms of the deal were not disclosed.

gaming

Modern Times Group has acquired a 35 percent stake in Germany-based online games publisher InnoGames in a transaction valuing the company at $287 million. InnoGames has expected 2016 revenues of $138 million with an approximate EBITDA margin of 20 percent, representing an estimated revenue multiple of 2.1x and EBITDA multiple of 10.4x.

Marketing Technology

bi tools

SaaS-based user feedback and visibility platform Zylo has raised $3.3 million in a round of funding from High Alpha Capital, GGV Capital, and SV Angel. The company will use the funding for expanding its sales and marketing divisions.

marketing data

Mobile customer data platform mParticle has raised $17.5 million in Series B funding led by Bain Capital Ventures with participation from Social Capital. The company will use the funding for scaling operations.

mobile technology, geo-demo software

Mobile consumer behavior analytics platform PlaceIQ has raised an undisclosed amount of funding from Alibaba Group. The investment is a follow-on addition to the company’s $25 million Series D. PlaceIQ will use the funding for scaling operations internationally.

mobile technology

VenueNext, developer of a mobile experience platform for venues, has $15 million in Series B funding from Causeway Media Partners. The company will use the new round of funding for expanding its presence internationally.

social technology

Social data intelligence platform Linkfluence has raised $13.3 million in a round of funding from Banexi, Orkos Capital, and Sigma Management. The company will use the funding for research and development efforts.

agency & marketing services

retail services

WPP-owned programmatic audience company Xaxis will acquire Triad Retail Media, a global leader in digital retail media advertising, from Rockbridge Growth Equity. The acquisition will provide Xaxis with advanced shopper personalization tools, new mobile products, and expanded international reach for both retailers and advertisers. Triad reported gross revenues in excess of $500 million for the year ended December 31st 2015. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)

traditional outdoor

digital place-based media

Digital display networks and promotional products company Cinema Scene Marketing has been acquired by CenterGate Capital-backed Vision Media Management. The acquisition provides Vision Media with expanded digital capabilities. Terms of the deal were not disclosed.

entertainment media

France-based sports media group Amaury Sports Organisation has acquired mass participation sporting events company Human Race. The acquisition provides Amaury with an expanded geographic presence. Terms of the deal were not disclosed.

Software

big data

Big data integration platform Astronomer has raised $1.9 million in a round of funding from Connetic Ventures, Drummond Road Capital, and CoreNetwork. The company will use the funding for expanding its engineering division.

engineering

Aditazz, a developer of software for the design and engineering industry, has raised an undisclosed amount of Series B funding from RNT Capital and Artiman Ventures. The company will use the funding for product development.

financial

UK-based compliance obligations solutions provider ComplyAdvantage has raised $8.2 million in a round of funding from Balderton Capital. The company will use the funding for expanding its presence in the US.

financial, mobile technology

Restaurant point-of-sales app TouchBistro has raised $12.9 million in a round of funding led by BDC with participation from Round13 Capital, Huff Capital, and Relay Ventures. The company will use the new round of funding for expanding its marketing and sales efforts.

healthcare

Home hospitalization programs provider Contessa Health has raised $7 million in a round of funding led by Noro-Moseley Partners with participation from BlueCross BlueShield Venture Partners and Martin Ventures. The company will use the funding for expanding into new markets.

healthcare

Relationship-based care health systems developer Iora Health has raised $75 million in Series D funding led by Temasek with participation from .406 Ventures, Flare Capital Partners, GE Ventures, Khosla Partners, and Polaris Partners. The company will use the funding for expanding its presence internationally.

healthcare

Genomics software developer Tute Genomics has been acquired by clinical analysis solutions company PierianDx. The acquisition provides PierianDx with an expanded customer base. Terms of the deal were not disclosed.

hr

Workforce intelligence and analytics startup Kanjoya has been acquired by Ultimate Software (Nasdaq:ULTI). The acquisition provides Ultimate Software with strengthened employee performance and engagement offerings. Terms of the deal were not disclosed.

security

Event management and security information company EventTracker has been acquired by managed security services company Netsurion. The acquisition provides Netsurion with expanded log management capabilities. Terms of the deal were not disclosed.

security

Application security company Virgil Security has raised $4 million in Series A funding led by KEC Ventures with participation from Bloomberg Beta, Blu Venture Partners, and NextGen Venture Partners. The company will use the funding for expanding into new verticals.

Business Services

it consulting

Japan-based IT consulting services firm Baristride Group has been acquired by software testing and quality assurance company SHIFT for $7.7 million. The acquisition provides SHIFT with an expanded managed services offering.

it consulting

Digital consultancy Bluetube has been acquired by Perficient (Nasdaq:PRFT). Bluetube has reported annual revenues of $7 million and the acquisition will provide Perficient with expanded digital capabilities. 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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