Daily Deal Activity 12/02/16

Digital Media/Commerce

digital marketplace

Credit and loans platform IndiaLends.com has raised $4 million in Series A funding from American Express Ventures, DSG Consumer Partners, and AdvantEdge Partners. The company will use the new round of funding for expanding its presence domestically.

digital marketplace

Peer-to-peer boat rental platform Click & Boat has raised $1.1 million in a round of funding from Olma Fund. The company will use the new round of funding for expanding its geographic presence within Europe.

 

ecommerce

Private equity firm Flexpoint Ford has acquired purchase programs company Purchasing Power from Rockbridge Growth Equity. The acquisition provides Purchasing Power with the resources for building out its technology platform. Terms of the deal were not disclosed.

gaming

Mobile games development company Boomlagoon has been acquired by online games publisher Wargaming. The acquisition provides Wargaming with an expanded portfolio of mobile titles. Terms of the deal were not disclosed.

digital advertising

mobile marketing

Mobile loyalty application and programs provider LoyalTree has been acquired by mobile marketing company SessionM. The acquisition provides SessionM with expanded loyalty program offerings. Terms of the deal were not disclosed.

Marketing Technology

bi tools

Financial gathering and business intelligence solutions provider Finagraph has raised $5 million in a round of funding from Moody’s Corporation. The company will use the new round of funding for platform development initiatives.

agency & marketing services

design agency, it consulting

Mobile application development and design solutions company Yes has been acquired by Twitter. The acquisition will see Yes integrated into Twitter’s design and product division. Terms of the deal were not disclosed.

sepcialty agency

Dentsu Aegis Network has acquired S&E Sponsorship Group, a leading Canada-based independent sponsorship consultancy focused on the sports and entertainment industries. The acquisition will see S&E Sponsorship integrated into Dentsu’ global lifestyle marketing agency MKTG. Terms of the deal were not disclosed. (A Petsky Prunier-led transaction)

traditional media

consumer magazine publishing

Canada-based direct marketing company Direct Response Media Group has acquired direct mail magazine publisher Ad Save Publications. The acquisition provides Ad Save with complementary digital offerings. Terms of the deal were not disclosed.

Software

cloud computing

Cloud operations management and optimization startup AppFormix will be acquired by Juniper Networks (NYSE:JNPR). The acquisition will see AppFormix integrated into Juniper’s Contrail offering. Terms of the deal were not disclosed.

collaboration

Finland-based visualization and collaboration solutions company MultiTaction has raised $7.5 million in a round of funding from Harbert European Growth Capital. The company will use the new round of funding for research and development efforts.

data management

Open data source management software developer Latize has raised $1.5 million in a round of funding led by Tembusu Partners with participation from ACP Venture Capital. The company will use the new round of funding for expanding its presence internationally.

geo-demo

Finland-based indoor spaces mapping solutions company Indoor.io has been acquired by Apple. The acquisition provides Apple with complementary capabilities for its indoor mapping project. Terms of the deal were not disclosed.

healthcare

eClinical technology company MedNet Solutions has raised $16.5 million in a round of funding led by Arrowroot Capital with participation from Cohesive Capital Partners. The company will use the new round of funding for product development efforts.

security

Mobile application security solutions provider Seworks has raised $8.2 million in Series A funding from SoftBank Ventures, Qualcomm Ventures, Samsung Ventures, Smilegate Investment, and Wonik Investment Partners. The company will use the new round of funding for expanding its presence internationally.

software development tools

Online and mobile game development tools provider Playfab has raised $4 million in a round of funding from undisclosed investors. The company will use the new round of funding for hiring talent and expanding operations.

business services

healthcare consulting

China-based clinical contract research company dMed has raised $8 million in Series A funding led by Qiming Venture Capital and Tairui Investment. The company will use the new round of funding for expanding its clinical operations division.

hr consulting

Employee benefits solutions company Presidio Benefits Group has been acquired by Marsh & McLennan. The acquisition provides Presidio with the resources for expanding operations. Terms of the deal were not disclosed.

it consulting

Information Services Group (Nasdaq:III) has acquired digital transformation and advisory services company Alsbridge for $74 million. The acquisition provides Information Services Group with an expanded sourcing and automation advisory offering. Financial information was not disclosed.

it consulting

Software development company LShift has been acquired by Marsh & McLennan-owned Oliver Wyman. The acquisition provides Oliver Wyman with an expanded technology and data 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.

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