Daily Deal Activity 03/06/17

Digital Media/Commerce

ecommerce

Israel-based women’s fashion marketplace Brayola has raised $5 million in a round of funding from Firstime Venture Capital. The company will use the new round of funding for expanding its presence internationally.

ecommerce

France-based beauty appointments booking platform Planity has raised $1.5 million in a round of funding led by Alven Capital with participation from PriceMatch and eFounders. The company will use the new round of funding for expanding its domestic presence.

mobile content/apps

Parenting app Lucy has raised $2.3 million in a round of funding from Forerunner Ventures and Felicis Ventures. The company will use the new round of funding for expanding headcount while building out operations.

niche content

Urban culture media & content company Mass Appeal has raised $6 million in Series A funding led by Universal Music Group with participation from Evolution Media, Raintree Ventures, and White Owl Capital. The company will use the new round of funding for expanding headcount.

digital advertising

vertical search

Vacation rental online booking services company RedAwning has acquired vacation rental search website VaycayHero. The acquisition will provide RedAwning with an expanded customer base. Terms of the deal were not disclosed.

agency & Marketing services

digital agency

Canada-based digital agency CloudRaker has been acquired by France-based marketing and publishing services company Altavia. The acquisition provides Altavia with an expanded international presence. Terms of the deal were not disclosed.

traditional media

broadcast television

Nature programs television broadcaster NatureVision TV has been acquired by B-to-B music company Stingray Digital Group. The acquisition will provide Stingray with expanded content offerings. Terms of the deal were not disclosed.

Software

data management

Scientific data management platform Core Informatics has been acquired by Thermo Fisher Scientific. The acquisition will be complementary to Thermo Fisher’s cloud platform and informatics solutions. Terms of the deal were not disclosed.

data management, collaboration

Trimble (Nasdaq:TRMB) has acquired Savcor, a developer of information management software for the forestry industry, and Silvadata, a provider of collaboration solutions for forestry companies. The acquisitions will be complementary to Trimble’s Connect Forest solutions offering. Terms of the deal were not disclosed.

financial

Germany-based investment management tools developer Liqid has raised $4.8 million in a round of funding from Project A Ventures, DvH Ventures, and Berliner Volksbank Ventures. The company will use the new round of funding for expanding headcount.

hr

Recruitment technology startup Relink has raised $1 million in a round of funding from Seed Capital. The company will use the new round of funding for expanding research and development and sales initiatives.

infrastructure

UK-based ITRS, a provider of real-time monitoring and systems management software for the financial services sector, has been acquired by TA Associates from The Carlyle Group. The acquisition will provides ITRS with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

infrastructure

Stormpath, a developer of API and application ID management solutions, has been acquired by identity management startup Okta. The acquisition provides Okta with expanded talent. Terms of the deal were not disclosed.

software development tools

Application orchestration and cluster management solutions company Caicloud has raised $6 million in Series A funding led by Matrix Partners with participation from Cybernaut. The company will use the new round of funding for product development efforts.

business services

it consulting

IT solutions design and deployment company Bailiwick has received an undisclosed equity investment from Norwest Equity Partners. The company will use the new round of funding for expanding its presence geographically.

it consulting, healthcare consulting

Tech Mahindra will acquire healthcare IT services provider HCI Group in a transaction valuing the company at $110 million. The transaction will see Tech Mahindra acquire an 84.7 percent stake in the company for $89.5 million and pay a maximum consideration of $241 million over the next three years (including contingencies of $131 million) to acquire the remaining 15.3 percent. HCI has reported LTM revenues for the period ended September 31 2016 of $114 million, representing an LTM revenue multiple of 0.9x.

logistics

Ci Capital will acquire a majority stake in less-than-truckload third party logistics company Simplified Logistics. The acquisition will provide Simplified Logistics with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

training

First aid training services company Cardio Partner Resources has been acquired by cardiac care products company DXE Medical. The acquisition provides DXE with an expanded training services 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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