Daily Deal Activity 02/01/17

Digital Media/Commerce

digital marketplace

Argentina-based automotive classifieds website Demotores has been acquired by automotive marketplace carsales.com in a transaction valuing the company at $5.1 million. The acquisition provides carsales.com with an expanded presence in South America. Financial information was not disclosed.

digital marketplace

The Netherlands-based themed vacations travel marketplace Tripaneer has raised an undisclosed amount of funding from Point Nine Capital. The company will use the new round of funding for expanding operations.

digital marketplace

On-demand manufacturing marketplace Xometry has raised an undisclosed amount of funding from GE Ventures and Highland Capital Partners. The company will use the new round of funding for product development initiatives.

gaming

Spain-based mobile gaming studio Social Point has been acquired by gaming company Take-Two Interactive (Nasdaq:TTWO) in a transaction valuing the company at $280 million. The acquisition provides Take-Two with an expanded mobile gaming portfolio. Financial information was not disclosed.

mobile content/apps

Sweden-based health-behavior management app developer Goodlifeme has raised $1.5 million in a round of funding from Frumtak Ventures. The company will use the new round of funding for expanding its presence internationally.

social media/apps

India-based casual dating app Woo has acquired dating app DUS. The acquisition will provide Woo with an expanded user base and a broadened presence within the US and the UK. Terms of the deal were not disclosed.

social media/apps

Video app Flipagram has been acquired by China-based news reading app Toutiao. The acquisition will see Flipagram integrated into Toutiao’s article and video recommendations platform. Terms of the deal were not disclosed.

social media/apps

Video sharing app startup Sparku has raised $1.1 million in a round of funding from Turki Almadhi Ventures. The company will use the new round of funding for expanding its engineering division and user base.

marketing technology

analytics & targeting

Predictive analytics platform UpTake Technologies has raised $40 million at a reported valuation of $2 billion from Revolution Partners. The company will use the new round of funding for expanding operations. UpTake has raised $85 million in funding to date.

content management

Location marketing technology company SIM Partners has raised $5 million in a round of funding from River Cities Capital Funds and Jump Capital. The company will use the new round of funding for expanding headcount.

website creation/hosting

Argentina-based web hosting and domains services company Dattatec has been acquired by Web.com Group (Nasdaq:WEB). The acquisition provides Web.com with an expanded presence in Latin America. Terms of the deal were not disclosed.

agency & Marketing Services

public relations

Public relations agency ESSE PR has been acquired by technology public relations agency PMBC Group. The acquisition provides PMBC with expanded offerings for the virtual and augmented reality vertical. Terms of the deal were not disclosed.

traditional media

b-to-b media

Pamlico Capital has led a majority recapitalization of publishing and B-to-B information provider Winsight. The transaction provides Winsight with the resources for exploring potential strategic acquisition opportunities. Terms of the deal were not disclosed.

Software

data management

Data loss and protection software developer Double-Take Software has been acquired by Carbonite (Nasdaq:CARB) from Clearlake Capital-backed Vision Solutions for $65.3 million. The acquisition will be complementary to Carbonite’s existing data protection solution offering. Financial information was not disclosed.

erp

SaaS-based supply chain solutions company Arrowstream has been acquired by Diversis Capital. The acquisition will provide Arrowstream with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

financial

Maritime commercial trading software solutions provider Veson Nautical Corporation has raised an undisclosed investment from Pamlico Capital. The company will use the investment proceeds for expanding its presence internationally. Terms of the deal were not disclosed.

hr

Compliance management software company GAN Integrity has raised $9 million in a round of funding led by Edison Partners with participation from NorthCap, Chicago Ventures, and Cultivation Capital. The company will use the new round of funding for product development efforts.

security

Employee protection and cyber intelligence startup InfoArmor has raised an undisclosed amount of funding from Summit Partners. The company will use the new round of funding for expanding its customer base.

security

Cybersecurity startup LogicHub has raised $8.4 million in Series A funding from Storm Ventures and Nexus Venture Partners. The company will use the new round of funding for platform development initiatives.

information

financial information

UK-based derivatives risk analytics provider OpenGamma has raised an undisclosed amount of funding from The Japan Exchange Group. The company will use the new round of funding for expanding operations.

business services

it consulting

Engineering services and software development firm Convera Solutions has been acquired by wireless industry distributor Vertex Wireless. The acquisition provides Vertex with an expanded mobile device management and integration practice. Terms of the deal were not disclosed.

it consulting

Software development services company Luxoft has acquired enterprise architectural design consultancy IntroPro. The acquisition provides Luxoft with an expanded offering for wireless and cable/satellite providers. Terms of the deal were not disclosed.

it consulting

Accenture has acquired InvestTech Systems Consulting, a provider of systems integration and consulting services for investment service providers. The acquisition is complementary to Accenture’s Asset-Management Consulting practice. Terms of the deal were not disclosed.

it consulting

Netgain, a provider of IT-as-a-Service to healthcare providers, has raised $25 million in a round of funding from Bluff Point Associates. The company will use the new round of funding for expanding headcount.

it consulting

IT outsourcing and consulting services provider Jade Global has acquired Oracle Platinum Consulting Partner Saturn Infotech. The acquisition provides Jade Global with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

Software development and consulting firm Axispoint has acquired T2 Computing, a provider of IT solutions for the broadcast, post-production, finance, and hospitality industries. 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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