Daily Deal Activity 03/31/17

Digital Media/Commerce

digital marketplace

Germany-based on-demand staffing platform ZenJob has raised $3.2 million in a round of funding from Redalpine Ventures and Acton Capital Partners. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Vietnam-based car hailing company FaceCar has been acquired by Vivu Technology Development. The acquisition will provide FaceCar with the resources for contending with regional competitors. Terms of the deal were not disclosed.

ecommerce

India-based PharmEasy, developer of an app for ordering diagnostic tests and medicine, has raised $17 million in a round of funding from Bessemer Venture Partners, Orios Venture Partners, and Aarin Capital. The company will use the new round of funding for expanding its pharmacy network.

social media/apps

Social trading application developer The Naga Group has raised $13.4 million in a round of funding from Fosun. The company will use the round of funding for building out new app functionality while expanding internationally.

digital advertising

mobile marketing

Israel-based mobile advertising and campaign management technology company Aditor has been acquired by social games developer Playtika in a transaction valued at less than $10 million. Terms of the deal were not disclosed.

marketing Technology

analytics & Targeting

Compass, a provider of analytics and benchmarking solutions for eCommerce companies, has been acquired by The Sage Group. The acquisition will provide Compass with the resources for product development efforts. Terms of the deal were not disclosed.

content management

Augmented reality content discovery and marketing platform ADVR has raised $3 million in a round of funding from undisclosed investors. The company will use the new round of funding for launching out of beta testing.

crm, commerce management

Event planning and ticketing platform nvite has been acquired by event management platform Eventbrite. The acquisition will provide Eventbrite with an expanded offering for tech-focused events. Terms of the deal were not disclosed.

agency & Marketing Services

design agency

UK-based strategy and design services company Shine Design has been acquired by graphic design agency Stocks Taylor Benson. The acquisition provides STB with an expanded geographic presence. Terms of the deal were not disclosed.

digital agency

Sri Lanka-based independent creative agency Grant Group has been acquired by Dentsu Aegis Network. The acquisition will see Grant Group integrated into Dentsu’s Carat network. Terms of the deal were not disclosed.

experiential marketing

France-based sensory marketing company FullSense has been acquired by France-based advertising agency Passage Pieton. The acquisition will see FullSense integrated into Passage’s Luxury & Premium division. Terms of the deal were not disclosed.

traditional media

entertainment media

China-based technology and entertainment conglomerate LeEco has acquired a controlling stake in China-based film production company Le Young Pictures. The acquisition will complementary to LeEco’s LeVision Pictures division. Terms of the deal were not disclosed.

Software

financial

Mortgage valuation software developer Appraisal Scope has been acquired by appraisal management and valuation technology company Mercury Network. The acquisition will provide Mercury Network with strengthened collateral valuation tools offering. Terms of the deal were not disclosed.

geo-demo, mobile technology

Mobile positioning and GPS software solutions company Rx Networks will be acquired by Beijing BDStar Navigation for $23.3 million. The acquisition will provide BDStar with an expanded international presence. Financial information was not disclosed.

healthcare

Sweden-based Optolexia, a developer of a language screening solutions for children, has raised $5.6 million in a round of funding from The Ponoma Group and private investors. The company will use the new round of funding for expanding its presence in the US.

infrastructure, financial

Germany-based Ndgit, developer of a financial architecture for banking and insurance solutions, has raised an undisclosed amount of funding from DvH Ventures. The company will use the new round of funding for product development efforts.

information

financial information

Outsourced investment market content and analysis company DISCUS has been acquired by Embark Group. The acquisition will be complementary to Embark’s existing portfolio of investment insight and research businesses. Terms of the deal were not disclosed.

business services

it consulting, erp software

India-based supply chain management services company Keystone Logic has been acquired by Zensar Technologies for $20.4 million. The acquisition will provide Zensar with expanded digital transformation offerings for its retail clients. Keystone has reported LTM revenues for the period ended March 31 2016 of $12.5 million, representing an LTM revenue multiple of 1.6x.

it consulting

IT services provider Lenmar Consulting has been acquired by India-based IT solutions company Kellton Tech. The acquisition will provide Kellton with an expanded presence within India. Terms of the deal were not disclosed.

it consulting

Project and business productivity management services company Tivitie has been acquired by Microsoft Partner Wicresoft. The acquisition provides Wicresoft with an expanded geographic presence. Terms of the deal were not disclosed.

staffing

Staffing and recruiting services company MAU Workforce Solutions has acquired staffing solutions provider FutureStaff. The acquisition will provide MAU 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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