Daily Deal Activity 04/12/17

Digital Media/Commerce

ecommerce

Discounted medication purchasing platform Blink Health has raised $90 million in a round of funding from 8VC. The company will use the new round of funding for expanding its geographic presence within the US.

ecommerce

On-demand laundry services provider Cleanly has raised $5 million in Series A funding led by AddVenture with participation from Initialized Capital, Altair Capital, and Millhouse Capital. The company will use the new round of funding for expanding operations.

ecommerce

China-based online music platform NetEase Cloud Music has raised $108 million at a reported valuation of $1.2 billion led by Shanghai Media Group with participation from Mango Cultural and Creative Industry Private Equity. The company will use the new round of funding for expanding its user base.

ecommerce

Singapore-based budget travel accommodations company ZEN Rooms has raised $4.1 million in a round of funding from Redbadge Pacific and SBI Investment Korea. The company will use the new round of funding for expanding its presence within Asia.

gaming

Video game development company Nicalis has acquired gaming studios Cowboy Color and SuperVillain Studios. The acquisition will provide Nicalis with an expanded titles portfolio. Terms of the deal were not disclosed.

digital advertising

digital promotion/coupon

Hotel accommodations and deals website Travel-Ticker.com has been acquired by hotel bookings company HotelPlanner. The acquisition will provide HotelPlanner with an expanded customer base. Terms of the deal were not disclosed.

marketing Technology

market research

Survey design and consumer research company MFour Mobile Research has raised $5 million in a round of funding from Kayne NewRoad Ventures Fund. The company will use the new round of funding for expanding its sales division.

market research

SaaS-based feedback management and survey software developer Qualtrics has raised $180 million at a reported valuation of $2.5 billion in a round of funding from Insight Venture Partners and Accel Partners. The company will use the new round of funding for expanding headcount.

product/price software

Online product and pricing solutions company 360pi has been acquired by eCommerce and promotion solutions company Market Track. The acquisition will provide Market Track with expanded eCommerce analytics capabilities. Terms of the deal were not disclosed.

social technology

Influencer marketing solutions startup Popular Pays has raised $3.1 million in a round of funding led by GoAhead VC with participation from Pallasite Ventures. The company will use the new round of funding for product development efforts.

agency & Marketing Services

ad specialty/premium

Promotional and custom products company PinSource has been acquired by LML. The acquisition will provide PinSource with the resources for expanding its presence internationally. Terms of the deal were not disclosed.

design agency

Digital user experience and design services provider Merge Design + Interactive has been acquired by advertising agency HY Connect. The acquisition will provide HY with an expanded geographic presence. Terms of the deal were not disclosed.

traditional media

b-to-b media

Germany-based online video player Divimove has acquired YouTube influencer event organizer VideoDays. The acquisition will provide Divimove with an entrance into live events. Terms of the deal were not disclosed.

digital place-based media

In-venue social media display network UPshow has raised $1.5 million in a round of funding from private investors. The company will use the new round of funding for expanding its marketing and sales divisions.

Software

credit/risk

Accenture has acquired loan-origination and title settlements solutions developer BeesPath. The acquisition will see BeesPath integrated into Mortgage Cadence while providing the company with complementary capabilities for its existing product offering. Terms of the deal were not disclosed.

credit/risk

Credit scoring software company First Circle has raised $2.5 million in a round of funding from Accion Venture Lab, Deep Blue VC, and Key Capital. The company will use the new round of funding for product development efforts.

data management, cloud computing

Channel data management cloud platform provider Zyme will be acquired by Insight Venture Partners in a transaction valued at more than $100 million. The acquisition will provide Zyme with the resources for platform development initiatives. Financial information was not disclosed.

erp

SaaS-based shipping marketplace FretLink has raised $6.4 million in a round of funding from Daphni, Elaia Partners, and Breega Capital. The company will use the new round of funding for expanding its engineering division.

erp

Poland-based enterprise resource planning software developer Macrologic has been acquired by Asseco Business Solutions for $28.2 million. Macrologic has reported LTM revenues for the period ended September 30 2016 of $14.2 million and LTM EBITDA of $2.7 million, representing an LTM revenue multiple of 2.1x and an LTM EBITDA multiple of 10.9x.

erp

Administrative and enterprise resource planning software developer MUIS Software has been acquired by Main Capital. The acquisition will provide MUIS with the resources for product development. Terms of the deal were not disclosed.

erp

Export management solutions developer TridentGLOBAL has been acquired by trade operations platform essDOCS. The acquisition will provide essDOCS with expanded capabilities for its DocPrep offering. Terms of the deal were not disclosed.

financial

Germany-based Home, developer of a rent payment management platform for landlords, has raised an undisclosed amount of funding from Redalpine Venture Partners and Vito Ventures. The company will use the new round of funding for expanding operations.

financial

Payments and reporting tools developer LendingTools.com has been acquired by Juniper Networks. The acquisition will provide Juniper Networks with an expanded presence in the Credit Union space. Terms of the deal were not disclosed.

healthcare

Quality Systems (Nasdaq:QSII) has acquired clinical documentation solutions provider Entrada for $34 million. The acquisition will see Entrada integrated into NextGen Healthcare Information Systems. Entrada has reported LTM revenues for the period ended December 31 2016 of $12 million, representing and LTM revenue multiple of 2.8x.

hr

India-based technical talent management platform HackerEarth has raised $4.5 million in Series A funding from DHI Group. The company will use the new round of funding for product development while expanding its presence internationally.

infrastructure

Cloud hosting and colocation services provider Green House Data has acquired Infrastructure-as-a-Service solutions provider Cirracore. The acquisition will provide Green House with an expanded geographic presence. Terms of the deal were not disclosed.

security

Industrial control systems and security solutions firm PAS has raised $40 million in a round of funding from Tinicum. The company will use the new round of funding for expanding its operational technology security channel program.

information

geo-demo information

Germany-based digital map and environmental information company TerraLoupe has raised an undisclosed amount of funding from Bayern Kapital. The company will use the new round of funding for expanding its presence internationally.

business services

it consulting

IT solutions company Oasis Systems has acquired systems engineering services provider and consulting firm Human Solutions. The acquisition will provide Oasis with expanded offerings for its Government and commercial clients. Terms of the deal were not disclosed.

it consulting

Payments technology consulting company PayVisors has been acquired by merchant processing services provider Zift. The acquisition will provide Zift with expanded payment facilitation capabilities. Terms of the deal were not disclosed.

logistics

On-demand last mile delivery service Darkstore has raised $1.4 million in a round of funding from PIvotNorth. The company will use the new round of funding for hiring talent and expanding its presence geographically.

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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