Daily Deal Activity 02/03/17

Digital Media/Commerce

ecommerce

Direct-to-consumer audiobook retailer Audio Editions has been acquired by audiobooks platform Blackstone Audio. The acquisition will provide Blackstone with an expanded customer base. Terms of the deal were not disclosed.

ecommerce

Online curated home décor and furniture company Dot & Bo has been acquired by direct response marketplace company OSP. The acquisition provides OSP with an expanded SME distribution channel. Terms of the deal were not disclosed.

gaming

UK-based free-to-play gaming studio Hutch has raised $5.5 million in a round of funding from Index Ventures and Backed VC. The company will use the new round of funding for launching new gaming titles.

social media/apps

Switzerland-based dating app Blinq has been acquired by outdoor advertising firm APG|SGA. The acquisition will provide APG|SGA with an expanded interactive ads offering. Terms of the deal were not disclosed.

digital advertising

digital video

Israel-based digital marketing and ad services company WhiteSmoke has acquired video advertising firm Wise Data Media in a transaction valued at $5.3 million. The acquisition provides WhiteSmoke with expanded mobile ad service offerings. Financial information was not disclosed.

vertical search

Germany-based B-to-B search engine Wer liefert was has been acquired by Capvis Equity Partners from Paragon Partners. The acquisition will provide Wer liefert was with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

marketing technology

media management system

Online video production and management company 3Minute has been acquired by Gree in a transaction valued at $38.2 million. 3Minute has reported LTM revenues for the Period ended August 31st 2016 of $4.3 million, representing a 9.8x revenue multiple.

website creation/hosting

Australia-based hosting solutions company Hostworks has been acquired by telecommunications company Inabox Group for $5.4 million. The acquisition will provide Inabox with expanded cloud offerings. Financial information was not disclosed.

Software

financial

Germany-based restaurant point-of-sale system Gastrofix has raised $8.6 million in a round of funding from Radeberger Gruppe. The company will use the new round of funding for expanding its presence internationally.

financial

Business lending automation platform LendingFront has raised an undisclosed amount of funding from Las Olas Venture Capital. The company will use the new round of funding for expanding operations and product development.

financial

SaaS-based government purchasing platform Vendor Registry has raised $1.8 million in a round of funding from Allos Alpha and Cantos Ventures. The company will use the new round of funding for expanding operations.

healthcare

Warburg Pincus-backed telemedicine technology and services company Specialists On Call has acquired competitor NeuroCall. The acquisition provides SOC with an expanded customer base. Terms of the deal were not disclosed.

healthcare

Professional training and online education provider Career Step has acquired the Revenue Capture and Coding and Documentation divisions of Panacea Healthcare Solutions. The acquisition will be complementary to Career Step’s Professional Training division. Terms of the deal were not disclosed.

hr

Integrated workplace management systems developer FM:Systems has been acquired by Accel-KKR. The acquisition will provide FM:Systems with the resources for expanding headcount and operations. Terms of the deal were not disclosed.

hr

Job candidate engagement platform Jobaline has raised $3.5 million in a round of funding from Madrona Venture Group, Trilogy Equity Partners, and private investors. The company will use the new round of funding for expanding its user base.

legal

Legal discovery solutions startup Text IQ has raised $3 million in a round of funding from Floodgate. The company will use the new round of funding for expanding operations and building out its engineering division.

business services

it consulting

The Gores Group and Platinum Equity-owned cloud architecture company Data Blue has acquired cloud infrastructure services company LPS Integration. The acquisition provides Data Blue with an expanded geographic presence. 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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