Daily Deal Activity 04/11/17

Digital Media/Commerce

ecommerce

Audio content and digital media company RBmedia has acquired on-demand audiobooks company Audiobooks.com. The acquisition will provide RBmedia with an expanded audio content library. Terms of the deal were not disclosed.

ecommerce

India-based B-to-B grocery delivery platform Ninjacart has raised $5.5 million in a round of funding from Accel Partners, Qualcomm Ventures and M&S Partners. The company will use the new round of funding for expanding operations.

gaming

Game design and development studio Fuzzycube Software has been acquired by virtual reality products company Magic Leap. The acquisition will provide Magic Leap with expanded content capabilities. Terms of the deal were not disclosed.

gaming

Scientific Games Corporation (Nasdaq:SGMS) has acquired mobile and social games company Spicerack Media. The acquisition will be complementary to Scientific Games’ portfolio of social casino titles. Terms of the deal were not disclosed.

mobile content/apps

Contact lens and eye test application Simple Contacts has raised $8 million in a round of funding from Notation Capital and Autonomous Ventures. The company will use the new round of funding for expanding its marketing division.

niche content

Arts and crafts sector educational videos company Creativebug has been acquired by Jo-Ann Fabric and Craft Stores. The acquisition will provide Jo-Ann Fabric with an expanded digital presence. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Harland Clarke will acquire RetailMeNot (Nasdaq:SALE) in a transaction valued at $620 million. The acquisition of $11.60 per RetailMeNot share represents a premium of 49 percent from the company’s April 7th closing price. Based on the company’s approximate enterprise value of $470 million, the transaction represents an LTM revenue multiple of 1.7x and an LTM EBITDA multiple of 15.0x.

marketing Technology

analytics & targeting

App discovery and referral program analytics company Branch has raised $60 million in a round of funding from Playground Ventures. The company will use the new round of funding for expanding its engineering division.

analytics & targeting, bi tools

Software engineering firm Exadel has acquired data analytics and business intelligence company ReeWise. The acquisition will provide Exadel with an expanded software services portfolio. Terms of the deal were not disclosed.

content management

Enterprise content and information management solutions company Orbis Technologies has acquired competitor RSI Content Solutions. The acquisition provides Orbis with an expanded international presence. Terms of the deal were not disclosed.

search & discovery

China-based speech recognition and artificial intelligence company Mobvoi has raised $180 million in Series D funding from Volkswagen. The company will use the new round of funding for expanding its partnership with Volkswagen’s mobility division.

website creation/hosting

Activities and events marketplace ACTIVE Network has acquired team and club sports website creation company TeamPages. The acquisition will be complementary to ACTIVE Network’s existing sports organizer solution. Terms of the deal were not disclosed.

agency & Marketing Services

design agency

Brand engagement solutions firm Sullivan has acquired digital design studio FOUR32C. The acquisition will provide Sullivan with an expanded presence within new verticals. Terms of the deal were not disclosed.

traditional media

broadcast television

The Netherlands-based television station operator SBS Broadcasting has been acquired by television programs producer Talpa from Sanoma in a transaction valuing the company at $375 million. Financial information was not disclosed.

Software

big data

Virtual reality data visualization and analytics platform Virtualitics has raised $4.4 million in Series A funding from The Venture Reality Fund. The company will use the new round of funding for expanding headcount while focusing on platform development initiatives.

erp

Fleet management solutions company FleetUp has raised $5 million in Series B funding from HUMAX. The company will use the new round of funding for expanding customer acquisition and support initiatives.

healthcare

Practice management and electronic health records company LeonardoMD has been acquired by healthcare solutions and services company Azalea Health. The acquisition will provide Azalea with an expanded presence within the US. Terms of the deal were not disclosed.

healthcare

Providence Equity Partners-backed life sciences software platform Anju Software has acquired Key Opinion Leader database solutions company OpenQ. The acquisition will provide Anju with expanded offerings for pharmaceutical and medical device companies. Terms of the deal were not disclosed.

hr

UK-based recruiting software developer Beamery has raised $5 million in a round of funding led by Index Ventures with participation from Edenred Capital Partners, GP Ventures, and LocalGlobe. The company will use the new round of funding for expanding headcount.

security

Cybersecurity solutions company Synack has raised $21.3 million in a round of funding led by Microsoft Ventures with participation from Hewlett Packard Enterprise, Sintel Innov8, GGV Capital, GV, and Kleiner Perkins Caufield & Byers. The company will use the new round of funding for product development efforts.

virtualization

Container deployment and development company Deis has been acquired by Microsoft. The acquisition will provide Microsoft with expanded capabilities for its Azure Cloud suite. Terms of the deal were not disclosed.

virtualization

Flash-driven databases and virtualized server solutions provider Tegile Systems has raised $33 million in a round of funding led by Western Digital with participation from Meritech Capital, Capricorn Investment Group, and Cross Creek Capital. The company will use the new round of funding for product development efforts.

business services

it consulting

Capgemini will acquire the US-based assets IT services company Ciber for a reported $50 million. The acquisition coincides with Ciber’s filing for Chapter 11 bankruptcy protection, and will see the US-based assets integrated into Sogeti. Financial information was not disclosed.

it consulting

IT services and solutions company Data Blue has acquired cloud platform and consulting services provider Williams & Garcia. The acquisition will provide 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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