Daily Deal Activity 03/17/17

Digital Media/Commerce

digital marketplace

Online auction house operator Public Auction Finder has been acquired by competitor Auction Media Group. The acquisition will provide Auction Media with expanded auction inventory publishing capabilities. Terms of the deal were not disclosed.

ecommerce

Bedding products eCommerce company Brooklinen has raised $10 million in a round of funding from FirstMark Capital. The company will use the new round of funding for expanding marketing and sales initiatives.

ecommerce

India-based on-demand washing and laundry services provider OneClickWash has been acquired by competitor PickMyLaundry. The acquisition will provide PickMyLaundry with an expanded geographic presence. Terms of the deal were not disclosed.

ecommerce

Lingerie eCommerce company True&Co has been acquired by Calvin Klein and Timmy Hilfiger owner PVH (NYSE:PVH). True&Co has raised a reported $13 million to date. Terms of the deal were not disclosed.

mobile content/apps, niche content

Imoji, a developer of artist-created stickers for messaging apps, has been acquired by GIF-finding platform Giphy. The acquisition will provide Giphy with an expanded sticker messaging offering. Terms of the deal were not disclosed.

niche content

POPxo, operator of a digital media platform catering to young women, has raised $2.7 million in a round of funding led by GREE Ventures with participation from Kalaari Capital, and IDG Ventures. The company will use the new round of funding for expanding into different news formats.

digital advertising

digital video

Engagement-based video platform TruEngage has been acquired by digital advertising and video technology platform PK4 Media. The acquisition will provide PK4 with expanded pre-roll campaign offerings. Terms of the deal were not disclosed.

vertical search

Flights and hotel search platform AirlineFlightSearch.com has been acquired by Emedia Group. The acquisition will provide Emedia with an expanded web presence in the travel vertical. Terms of the deal were not disclosed.

marketing Technology

content management

Live events operator GES has acquired cloud-based event management platform Poken. The acquisition will provide GES with an expanded digital event documentation offering. Terms of the deal were not disclosed.

traditional media

broadcast television

Providence Equity Partners has acquired the Baltic broadcasting operations of MTG for a reported $124 million. The acquisition will provide MTG’s broadcasting division with the resources for expanding its presence internationally. Financial information was not disclosed.

entertainment media

Full service animation studio Nitrogen Studios Canada will be acquired by television visual effects company Cinesite. The acquisition will provide Cinesite with expanded animation capabilities. Terms of the deal were not disclosed.

Software

collaboration, software development tools

UK-based software developer networking community Gitter has been acquired by Git repository management company GitLab. The acquisition provides GitLab with expanded community messaging capabilities. Terms of the deal were not disclosed.

financial

Sports events ticketing solution PrepMo has been acquired by digital and paper ticketing company Huddle. The acquisition will provide Huddle with an expanded geographic presence. Terms of the deal were not disclosed.

financial

The Netherlands-based online wealth management solution Pritle has been acquired by BinckBank for $13.4 million. The acquisition provides BinckBank with an expanded wealth management services presence within Europe. Financial information was not disclosed.

financial

Germany-based simplesurance, a developer of cross-selling insurance software solutions for eCommerce companies, has raised $32.2 million in a round of funding from Rakuten, Route 66, and Allianz. The company will use the new round of funding for expanding its presence internationally.

financial

Xceptor, a provider of technology solutions for financial institutions, has been acquired by CBPE Capital from SVG Capital. The acquisition will provide Xceptor with the resources for product development efforts. Terms of the deal were not disclosed.

software development tools, mobile technology

Mobile development framework provider Corona Labs has been acquired by mobile ad company Appodeal. The acquisition will see Appodeal launch Corona as an open source framework. Terms of the deal were not disclosed.

business services

hr consulting, staffing

Contract staffing and human resources consulting firm Employee Relations Associates has raised an undisclosed amount of funding from Boathouse Capital and Spring Capital Partners. The company will use the new round of funding for supporting its acquisition of staffing services company TalentBridge. Terms of the deal were not disclosed.

management consulting

Information security and operational management consultancy Magnus Management Group has been acquired by NXTKey Corporation. The acquisition will be complementary to NXTKey’s existing consulting arm. 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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