Daily Deal Activity 03/20/17

Digital Media/Commerce

digital marketplace

China-based Chezhibao has raised $100 million in Series C funding led by PAG with participation from JD Capital, Gobi Partners, and Addor Capital. The company will use the new round of funding for expanding its presence within Asia.

digital marketplace

Online grain marketplace Farmlead has raised $6.5 million in a round of funding led by Monsanto Growth Ventures with participation from Avrio Ventures and Serra Ventures. The company will use the new round of funding from expanding its presence in the US.

digital marketplace

UK-based professional florist marketplace Florismart has raised $3.1 million in a round of funding from Beaubridge and private investors. The company will use the new round of funding for expanding its presence within Europe.

digital marketplace

UK-based home sales platform Nested has raised $9.9 million in a round of funding led by Passion Capital with participation from Balderton Capital and Global Founders Capital. The company will use the funding for expanding its presence within Europe.

ecommerce

Germany-based online customizable furniture company mycs has raised $10.7 million in a round of funding from Global Founders Capital and Tripos. The company will use the new round of funding for expanding its product offerings.

marketing Technology

analytics & targeting

Germany-based data analytics company Cobrainer has raised an undisclosed amount of funding from Bayern Kapital, Vogel Ventures, and Linden Capital. The company will use the new round of funding for expanding operations.

analytics & targeting

Web and mobile analytics company Piwik PRO has raised $2 million in a round of funding from Warsaw Equity Group. The company will use the new round of funding for building out its data management platform offering.

media management system, social technology

Cision will be acquired by public investment vehicle Capital Acquisition Corp. III (Nasdaq:CLAC) from GTCR in a reverse merger transaction that will see Cision become a publicly listed company with a reported enterprise value of $2.4 billion. The acquisition is expected to represent 10.5x Cision’s projected 2017 adjusted EBITDA.

product/price software

France-based product information management software developer Akeneo has raised $13 million in a round of funding from Partech Ventures and Alven Capital. The company will use the new round of funding for expanding its engineering division.

social technology

Social media content monitoring and marketing platform Newrank has raised $26 million in Series B funding from CMC Capital and HG Capital. The company will use the new round of funding for expanding sales efforts.

 

agency & marketing services

database/analytics

Germany-based consumer database marketing services company Global Group has been acquired by Bisnode in a transaction valued at $6.1 million. The acquisition provides Bisnode with an expanded presence within Europe. Global Group has LTM revenues for the period ended December 31 of $11.1 million, representing a 0.5x LTM revenue multiple.

loyalty/retention, content management

Synchrony Financial (NYSE:SYF) has acquired retail mobile app developer GPShopper. The acquisition will see GPShopper integrated into Synchrony’s Retail Card sales platform offering. Terms of the deal were not disclosed.

Software

cloud computing

Cloud management platform CloudCheckr has raised $50 million in Series A funding from Level Equity. The company will use the new round of funding for hiring talent while focusing on product development initiatives.

data management

Storage and data management company Reduxio Systems has raised $22.5 million in a round of funding led by G5 Capital with participation from Carmel Ventures, Jerusalem Venture Partners, and Intel Capital. The company will use the new round of funding for expanding marketing initiatives.

financial

Market risk and portfolio attribution solutions company BI-SAM Technologies has been acquired by FactSet (NYSE:FDS) from Aquiline Capital Partners for $205.2 million. The acquisition will be complementary to FactSet’s analytics suite and client reporting solutions. BI-SAM has reported LTM revenues for the period ended December 31 2016 of $28 million, representing an LTM revenue multiple of 7.3x.

financial

Bank and credit union account opening and loan origination solutions platform Gro Solutions has raised $4.3 million in a round of funding from TTV Capital, BIP Capital, and BLH Venture Partners. The company will use the new round of funding for research and development efforts.

healthcare

Healthcare population solutions company Aetion has raised $11.2 million in a round of funding led by Flare Capital Partners with participation from Lakestar. The company will use the new round of funding for platform development efforts.

hr

Employee engagement solutions company MomentSnap has raised $2.3 million in a round of funding from Bowery Capital and The Entrepreneurs’’ Fund. The company will use the new round of funding for building out its mobile offering.

security

Industrial infrastructure cyber protection company Bayshore Networks has raised $11 million in Series A funding led by Benhamou Global Ventures with participation from Trident Capital and Samsung Next. The company will use the new round of funding for platform development efforts.

business services

it consulting

Enterprise risk and cybersecurity services company Accume Partners has acquired IT systems auditing and security services provider Aporia Solutions. The acquisition provides Accume with an expanded geographic presence. Terms of the deal were not disclosed.

training

UK-based education consultancy and training company Pivotal Education has been acquired by Crisis Prevention Institute. The acquisition provides Crisis Prevention Institute 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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