Daily Deal Activity 12/20/16

Digital Media/Commerce

ecommerce

Germany-based food delivery company HelloFresh has raised $88.3 million at a reported valuation of $2 billion in a round of funding from Baille Gifford and undisclosed investors. The company will use the new round of funding for expanding its presence in the US.

ecommerce

France-based apparel eCommerce company Solendro has raised $3.1 million in a round of funding from Attitude and Breega Capital. The company will use the new round of funding for expanding its presence internationally.

gaming

South Korea-based mobile and online gaming company Netmarble Games has acquired mobile gaming studio Kabam in a transaction valued between a reported $700 million and $800 million. The acquisition provides Netmarble with an expanded North America-based gaming portfolio. Financial information was not disclosed.

digital adveritisng

affiliate/cpa network, mobile marketing

China-based mobile performance marketing company Yeahmobi has raised $100 million at a reported valuation of $720 million in a round of funding from China-based private equity firms Shenzhen Private Equity and Tongxin Private Equity. The company will use the new round of funding for expanding operations while pursuing potential strategic acquisition opportunities.

comparison shopping

eCommerce price aggregator iPrice has raised $4 million in Series A funding from Asia Venture Group, Venturra Capital, Gobi Partners, and Starstrike Ventures. The company will use the new round of funding for expanding its presence in Southeast Asia.

Marketing Technology

ad serving

Digital ad creation and management platform developer Flite has been acquired by Snap. Flite had raised $41 million to date from investors including Sequoia Capital and General Catalyst. Terms of the deal were not disclosed.

analytics & targeting

Online personalized experience solutions provider Dynamic Yield has raised $22 million in Series C funding led by Vertex Ventures with participation from Bessemer Venture Partners, Baidu, Global Founders Capital, and Innovation Endeavors. The company will use the funding for hiring talent.

crm

SaaS-based insurance consumer experience platform Zipari has raised $7 million in a round of funding from Vertical Venture Partners. The company will use the new round of funding for expanding operations.

marketing asset management

Virtual asset management system developer Whiterock Group has raised $1.1 million in a round of funding from Maven Capital Partners. The company will use the new round of funding for product development initiatives.

marketing data, market research

Music and video content data company Gracenote will be acquired by Nielsen from Tribune Media for a reported $560 million. Gracenote was previously acquired by Tribune for $170 million in December 2013. Financial information was not disclosed.

product/price software

SaaS-based pricing optimization solution provider Price f(x) has raised $4.1 million in a round of funding from Credo Ventures and Talis Capital. The company will use the new round of funding for expanding headcount.

sfa/lead management

Lead management solutions company LeanData has raised $10 million in Series B funding led by Sapphire Ventures with participation from Shasta Ventures and Correlation Ventures. The company will use the new round of funding for product development efforts.

agency & Marketing services

digital agency

Germany-based digital agency ad xmedia has been acquired by digital marketing services company DAC Group. The acquisition provides DAC with an expanded international presence. Terms of the deal were not disclosed.

healthcare agency

Canada-based healthcare and consumer agency Tank has been acquired by Grey Group. The acquisition will see Tank integrated into Grey Group Canada while providing the group with an expanded presence in the healthcare sector. Tank has reported fiscal 2016 net revenues of $10.5 million as of April 30th 2016. Terms of the deal were not disclosed.

marketing consulting

Hospitality sector-focused marketing firm MMGY Global has acquired travel and tourism marketing firm Myriad Marketing. The acquisition provides MMGY with an expanded international presence. Terms of the deal were not disclosed.

traditional media

b-to-b media

Events and trade shows operator Escape Events has been acquired by Livingbridge-backed Upper Street Events. The acquisition provides Upper Street with an expanded geographic presence. Terms of the deal were not disclosed.

consumer magazine publishing

UK-based magazine publisher Immediate Media will be acquired by Germany-based media company Hubert Burda for a reported $322.3 million. The acquisition provides Hubert Burda with an expanded international presence. Terms of the deal were not disclosed.

Software

collaboration

Subcontractor project management software eSUB Construction Software has raised $5 million in Series A funding from Revolution Ventures. The company will use the new round of funding for expanding its sales and engineering divisions.

credit/risk

Insurance software developer ISCS has been acquired by property/casualty insurers software developer Guidewire Software for $160 million. The acquisition provides Guidewire with an expanded policy administration offering. Financial information was not disclosed.

financial

Point-of-sales systems developer Appetize has raised $20 million in a round of funding led by Shamrock Capital Advisors with participation from Oak View Group. The company will use the new round of funding for expanding headcount.

healthcare

TPG Capital will acquire healthcare and human services software provider Mediware Information Systems from Thoma Bravo. The acquisition provides Mediware with the resources for expanding operations.  Terms of the deal were not disclosed.

business services

it consulting

Federal health agency IT solutions company Edaptive Systems has been acquired by ManTech International Corporation. The acquisition provides ManTech with an expanded presence in the federal health sector. 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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