Daily Deal Activity 10/17/16

Digital Media/Commerce

digital marketplace, ecommerce

Poland-based online auction portals operator Allegro Group will be acquired by a consortium of private equity firms led by Cinven, Permira Advisors, and Mid Europa Partners from Naspers for $3.3 billion. Allegro Group financial information was not disclosed.

digital marketplace

France-based used cars marketplace Aramisauto has raised an undisclosed amount of funding from The PSA Group. The investment will provide PSA Group with an entrance into the online user-car sales market.

ecommerce

India-based online parenting and child care products company FirstCry has acquired online baby-care company BabyOye for $54 million. The acquisition provides FirstCry with an expanded presence in the baby-care market. BabyOye financial information was not disclosed.

ecommerce

India-based eBooks company Dailyhunt has raised $25 million in Series D funding led by ByteDance with participation from Matrix Partners, Sequoia Capital, Falcon Edge, and Omidyar Network. The company will use the funding for expanding its presence internationally.

ecommerce

Attractions marketing and ticketing company Smart Destinations has been acquired by sightseeing tours provider Big Bus. The transaction provides the combined entity with expanded cross-selling opportunities. Terms of the deal were not disclosed.

Marketing Technology

analytics & targeting

Search-driven analytics platform ThoughtSpot has raised an undisclosed amount of funding from Hewlett Packard Pathfinder. The company will use the new round of funding for scaling operations and expanding headcount.

email/messaging software

SaaS-based business texting platform Zipwhip has raised $9 million in Series B funding led by Voyager Capital with participation from Microsoft Ventures. The company will use the new round of funding for expanding its sales division.

marketing data

Virtual claims technology company Snapsheet has raised $20 million in Series C funding led by F-Prime Capital and IA Capital Group with participation from Intact Ventures. The company will use the new round of funding for expanding its engineering division.

sfa/lead management

Enterprise sales management solution developer Taptera has been acquired by sales enablement platform Showpad. The acquisition provides Showpad with an expanded customer base. Terms of the deal were not disclosed.

traditional outdoor

b-to-b media

UK-based B-to-B magazine publisher Focus Business Media has been acquired by trade publications publisher Sandhills East. The acquisition provides Sandhills East with an expanded presence in the specialist automotive sector. Terms of the deal were not disclosed.

Software

collaboration

Meeting productivity software developer Heroik Labs has been acquired by Cisco. The acquisition will be complementary to Cisco’s existing collaboration offering Cisco Spark. Terms of the deal were not disclosed.

data management

Hungary-based data access solutions company VirtDB has raised $1.2 million in a round of funding from undisclosed investors. The company will use the new round of funding for product development initiatives.

erp

B-to-B supply chain integration solutions company Appterra has been acquired by The Descartes Systems Group for $7.4 million. The acquisition provides Descartes Systems with an expanded supply chain management offering. Appterra financial information was not disclosed.

financial

Bank transaction records and accounting software developer BankStream has been acquired by Intuit. The acquisition will provide Intuit QuickBooks with expanded bank data capabilities. Terms of the deal were not disclosed.

financial

UK-based Flypay, a developer of digital solutions for restaurants, has raised $3.9 million in a round of funding from Just Eat. The company will use the new round of funding for building out its mobile app and loyalty programs.

legal

Trial lawyer technology  startup CloudLex has raised $3.7 million in Series A funding from Aligned Partners. The company will use the new round of funding for product development while launching out of beta testing.

virtualization

Container deployment solutions company Redspread has been acquired by Linux Containers management solutions developer CoreOS. The acquisition provides CoreOS with complementary container distribution capabilities. Terms of the deal were not disclosed.

Business Services

healthcare consulting

Clinical development and contract research services company Premier Research has raised an undisclosed amount of funding from Metalmark Capital. The company will use the new round of funding for hiring talent.

it consulting

Thoma Bravo has acquired an undisclosed stake in IT consulting and services firm ProKarma. The acquisition provides ProKarma with the resources for strengthening its Digital, DevOps, Cloud, and Analytics capabilities while pursuing strategic acquisition opportunities. Terms of the deal were not disclosed.

training

Relias Learning has acquired acute care markets training company Swank HealthCare and continuing medical education company AHC Media. The acquisition provides Relias with an expanded geographic presence. Terms of the deals were not disclosed.

staffing

Talent outsourcing company Yoh has acquired staffing and talent solutions company Starpoint Solutions. The acquisition provides Yoh with and expanded presence in the areas of application development and enterprise resources planning. 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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