Daily Deal Activity 01/04/17

Digital Media/Commerce

mobile content/apps, ecommerce

China-based bike sharing app developer Mobike has raised $215 million in a round of funding led by Warburg Pincus and Tencent with participation from TPG Capital, Ctrip, Hillhouse Capital, and Sequoia Capital. The company will use the new round of funding for expanding its presence domestically.

digital marketplace

Parking space marketplace ParqEx has raised $1.2 million in a round of funding from Venture Management Partners. The company will use the new round of funding for expanding its presence geographically.

ecommerce

Subscription children’s clothing company Rockets of Awesome has raised $12.5 million in Series A funding led by August Capital with participation from Forerunner Ventures and General Catalyst Partners. The company will use the new round of funding for expanding operations.

 

niche content

Millennial women-focused online publisher PureWow has been acquired by media company The Gallery. The acquisition will see PureWow operate alongside The Gallery’s sister company, brand consulting agency VaynerMedia. Terms of the deal were not disclosed.

marketing technology

analytics & targeting, ad serving

Advertisement management and predictive analytics company MentAd has been acquired by social ad technology company SocialCode. The acquisition provides MentAd with expanded campaign scaling capabilities. Terms of the deal were not disclosed.

commerce management

eCommerce solutions company Magento has raised $250 million in an equity round of funding from Hillhouse Capital Management. The company will use the new round of funding for expanding sales and marketing initiatives while exploring potential acquisition opportunities.

content management, analytics & targeting

Video metadata analysis and tag management platform Watchwith has been acquired by Comcast. The acquisition will see Watchwith integrated into Comcast’s X1 platform. Terms of the deal were not disclosed.

market research

Lodging metrics and marketing intelligence company Destimetrics has been acquired by hotel eCommerce and reservation systems developer Inntopia. The acquisition provides Inntopia with an expanded resort platform offering. Terms of the deal were not disclosed.

sfa/lead management

Sales process delivery solutions company Mediafly has raised $10 million in a round of funding from Boathouse Capital. The company will use the new round of funding for expanding operations internationally.

social technology

Social media management software developer Tracx has raised $12.5 million in a round of funding led by Canaan Partners with participation from Edison Partners. The company will use the new round of funding for sales and marketing efforts.

agency & Marketing Services

dm agency

Platinum Equity has acquired Cox Target Media, the direct marketing arm of Cox Media Group. The acquisition will provide Cox Target Media with the resources for expanding operations. Terms of the deal were not disclosed.

specialty agency, entertainment media

Video production services firm VideoLink has been acquired by audio visual software developer AVI-SPL. The acquisition provides AVI-SPL with an expanded in-house video content service. Terms of the deal were not disclosed.

traditional media

traditional outdoor

Bell Media has acquired out-of-home advertising company Cieslok Media from Clairvest Group. The acquisition will provide Bell Media with an expanded geographic presence. Terms of the deal were not disclosed.

Software

data management

Automotive sector over-the-air software lifecycle and data management solution Movimento has been acquired by Delphi Automotive (NYSE:DLPH). The acquisition will see Movimento integrated into Delphi’s vehicle connectivity offering. Terms of the deal were not disclosed.

geo-demo

Floored, a developer of 3D graphics technology for the commercial real estate industry, has been acquired by CBRE. The acquisition provides CBRE with an expanded 3D technology offering. Terms of the deal were not disclosed.

geo-demo

Intel has acquired a 15 percent stake in Here Maps, Nokia’s former mapping division that was acquired by Audi, BMW, and Daimler in 2015 for $3 billion. The acquisition coincides with Intel’s self-driving vehicle systems strategy. Terms of the deal were not disclosed.

geo-demo

Mapping and visualization solutions company Idevio has been acquired by visual analytics company Qlik Technologies. The acquisition provides Qlik with expanded mapping capabilities. Terms of the deal were not disclosed.

infrastructure

Public spaces infrastructure software developer PSMS has been acquired by Main Capital-backed Roxit Group. The acquisition provides Roxit with an expanded public infrastructure offering. Terms of the deal were not disclosed.

security

Mobile app security startup Seworks has raised $8.2 million in Series A funding led by Smilegate Investment with participation from SoftBank Ventures, Qualcomm Ventures, and Samsung Ventures. The company will use the new round of funding for expanding marketing and sales initiatives.

information

credit/risk information

UK-based technical automotive services information company Autodata has been acquired by Solera. The acquisition will see Autodata integrated into Solera’s risk management solution offering. Terms of the deal were not disclosed.

business services

hr consulting

Employee benefits company Alera Group has raised an undisclosed amount of funding from Genstar Capital. The company will use the new round of funding for expanding operations and pursuing potential acquisition opportunities.

it consulting

Proact IT has acquired Germany-based IT consulting services provider Teamix for $9.4 million. The acquisition provides Proact IT with an expanded presence within Germany. Teamix has reported LTM EBITDA of $1.2 million, representing an LTM EBTIDA multiple of 8.0x.

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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