Daily Deal Activity 04/13/17

Digital Media/Commerce

ecommerce

On-demand alcohol delivery company Klink has been acquired by on-demand groceries and food delivery company Delivery.com. The acquisition provides Delivery.com with an entrance into the alcohol delivery channel. Terms of the deal were not disclosed.

ecommerce

Naspers has made a $69 million controlling investment in South Africa-based eCommerce company Takealot Online. The company will use the investment proceeds for expanding its presence within Africa and Asia.

mobile content/apps, ecommerce

Parking spot booking app SpotHero has acquired competitor Parking Panda. The company had raised $4.7 million to date and the acquisition will provide SpotHero with an expanded geographic presence. Terms of the deal were not disclosed.

social media/apps

Fishing enthusiast social media network Fishbrain has raised $3.7 million in a round of funding from FJ Labs, Northzone, Active Venture Partners, and Recruit Venture Partners. The company will use the new round of funding for expanding its user base.

digital advertising

email services, security software

J2 Global has acquired email security solutions company MXForce, email encryption service provider SendInc, and email marketing service MailerMailer. In a separate transaction, J2 has also acquired the Email Assets of Longscope Consulting and the Virtual Fax Assets of Scrypt. The acquisitions will be integrated across J2’s Email, Email Marketing, and Fax divisions. Terms of the deals were not disclosed.

marketing Technology

mrm/workflow management, sfa/lead management

SaaS-based sales approach and workflow solutions developer Akoonu has raised $8 million in Series A funding from Shasta Ventures. The company will use the new round of funding for product development efforts.

agency & Marketing Services

digital agency

eCommerce agency We Do Commerce has been acquired by digital agency Digital Evolution Group. The acquisition will provide DEG with an expanded presence in the eCommerce space and Salesforce ecosystem. Terms of the deal were not disclosed.

retail services

UK-based retailer and consumer brands marketing services provider Hangar Seven has been acquired by beauty products eCommerce player The Hut.com. The acquisition will provide The Hut.com with an expanded international presence. Terms of the deal were not disclosed.

traditional media

consumer magazine publishing

Ireland-based newspaper publisher Trinity Mirror has acquired women’s print and digital magazines publisher Northpoint Consulting. The acquisition will provide Trinity Mirror with an expanded digital audience. Terms of the deal were not disclosed.

digital place-based media

Verifone (NYSE:PAY) will merge its Pump Media division with Rockbridge Growth Equity-owned video network Gas Station TV in a 50-50 joint venture that will see the company operate under the GSTV brand. Terms of the deal were not disclosed.

newspaper publishing

The Chronicle Herald has acquired the newspaper and publishing assets of Transcontinental Media. The acquisition will provide The Chronicle Herald with expanded operations within the US. Terms of the deal were not disclosed.

Software

application management

Incident management platform PagerDuty has raised $43.8 million in a round of funding led by Accel Partners with participation from Andreesen Horowitz, Bessemer Venture Partners, Baseline Ventures, and Harrison Metal. The company will use the new round of funding for expanding operations.

application management, cloud computing

Cloud application metrics monitoring company Wavefront has been acquired by VMware (NYSE:VMW). The acquisition will provide VMware with expanded cross-cloud application monitoring capabilities. Terms of the deal were not disclosed.

erp

Fleet management platform BestMile has raised $2 million in a round of funding from Partech Ventures, Serena Capital, and Airbus Venture. The company will use the new round of funding for expanding sales and marketing efforts.

erp

SaaS-based software asset management solutions company Concorde Solutions has been acquired by Clearlake Capital-backed Ivanti. The acquisition will provide Ivanti with an expanded IT Asset Management offering. Terms of the deal were not disclosed.

erp, engineering

Construction design and management software developer Katerra has raised $130 million at a reported valuation of more than $1 billion from Greenoaks Capital, Moore Capital Management, Khosla Ventures, DFJ, Foxconn, and Paxion. The company will use the new round of funding for expanding its engineering division.

healthcare

Healthcare security solutions provider ClearDATA has raised $12 million in a round of funding from Merck Global Health Innovation Fund, Norwest Venture Partners, Excel Venture Management, and Flare Capital Partners. The company will use the funding for product development.

healthcare

Healthcare data integration platform Sansoro Health has raised $5.2 million in a round of funding from Bain Capital Ventures. The company will use the new round of funding for expanding its sales and marketing divisions.

hr

Human resources referral recruiting platform Teamable has raised $5 million led by True Ventures with participation from SaaStr Fund. The company will use the new round of funding for expanding headcount.

legal

Legal industry software solutions provider Atrium has raised $10 million in a round of funding from General Catalyst Partners. The company will use the new round of funding for expanding operations and headcount.

legal

Intapp, developer of a business application for law firms, has received a significant investment from Temasek. The company will use the investment provides for expanding its presence in the broader professional services space.

software development tools

Software development and lifecycle integration platform Tasktop has raised $11.3 million in a round of funding led by AVX Partners with participation from Austin Ventures and Yaletown Partners. The company will use the new round of funding for marketing and sales efforts.

business services

it consulting

Enterprise resource planning software publisher and integrator 3Li Business Solutions has been acquired by Industries & Finances Partners. The acquisition will provide 3Li with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

it consulting

UK-based IT support firm Computerworld Business Solutions has been acquired by Arden Group. The acquisition provides Arden Group with an expanded presence within the UK. Terms of the deal were not disclosed.

printing services

Printing kiosks company Ink Labs has raised $6.7 million in a round of funding from VTF Capital, Base Ventures, G-Bar Ventures, and NelNet. The company will use the new round of funding for expanding headcount.

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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