Daily Deal Activity 04/24/17

Digital Media/Commerce

digital marketplace

Portugal-based B-to-B marketplace 360imprimir has raised $4.3 million in a round of funding from Omnes Capital and Pathena. The company will use the new round of funding for expanding its presence internationally.

digital marketplace

Homeowner and renter insurance marketplace Lemonade has received an undisclosed strategic investment from Allianz. The company will use the new round of funding for expanding its presence within the US.

ecommerce

India-based on-demand services company Wassup has acquired on-demand home services company DoorMint from Helion Venture Partners. The acquisition will provide Wassup with an expanded client base. Terms of the deal were not disclosed.

ecommerce

Online grocery platform Farmdrop has raised $9 million in a round of funding led by Atomico with participation from private investors. The company will use the new round of funding for expanding its local foods network.

gaming

France-based cloud-gaming company Blacknut has raised $2.6 million in a round of funding from Go Capital and Nestadio Capital. The company will use the new round of funding for expanding its presence within Europe.

niche content

Germany-based digital video company TargetVideo has acquired millennial-focused online magazine Hallo:Eltern. The acquisition will provide TargetVideo with expanded social and mobile content offerings. Terms of the deal were not disclosed.

social media/apps

Question-and-answer website Quora has raised $85 million at a reported valuation of $1.8 billion in Series D funding led by Collaborative Fund and Y Combinator with participation from Tiger Global Management and Matrix Partners. The company will use the new round of funding for expanding its ads business.

marketing Technology

bi tools

France-based business intelligence solutions company Ellisphere has been acquired by AnaCap Financial Partners from Natixis. The acquisition will provide Ellisphere with the resources for product development. Terms of the deal were not disclosed.

crm

B-to-B customer relationship management and eCommerce software developer ProspectSoft has been acquired by Maven Capital Partners. The acquisition will provide ProspectSoft with the resources for expanding operations. Terms of the deal were not disclosed.

marketing asset management

Media asset management and broadcast automation solutions provider Crispin has been acquired by Sony Electronics. The acquisition will provide Sony with expanded production workflow capabilities. Terms of the deal were not disclosed.

social technology

Influencer and brand marketing platform Inzpire.me has raised $1 million in a round of funding from Sno Ventures. The company will use the new round of funding for expanding its presence internationally.

teleservices/eservices

Customer services solutions company RightAnswer has been acquired by Upland Software for $19.7 million. The acquisition will provide Upland Software with a complementary Knowledge Management offering. Financial information was not disclosed.

Software

financial, bi tools

New Zealand-based customer management software integration company Gentrack Group has acquired prediction and capacity forecasting software developer Blip Systems and business intelligence solutions company CA Plus. Terms of the deals were not disclosed.

healthcare

UK-based healthcare startup Cera has raised $1.8 million in a round of funding from Kima Ventures and private investors. The company will use the new round of funding for continued platform development initiatives.

healthcare

Healthcare analytics and predictive modeling company Forecast Health has been acquired by value-based care managed services company Lumeris. The acquisition will provide Lumeris with a strengthened population health offering. Terms of the deal were not disclosed.

hr

Human resource outsourcing software PrismHR has been acquired by Summit Partners in a transaction valued at more than a reported $100 million. The acquisition will provide PrismHR with the resources for expanding geographically while focusing on product development initiatives. Financial information was not disclosed.

business services

fulfillment

Oyster Group, a provider of circulation and fulfillment services for regional and specialty magazines, has been acquired by Inovva. The acquisition will provide Inovva with an expanded presence within Canada. Terms of the deal were not disclosed.

healthcare consulting

Edgewater Growth Capital Partners-backed healthcare revenue cycle management services company Bolder Healthcare Solutions has acquired healthcare management consulting firm Business Dynamics. The acquisition will provide Bolder with an expanded spine RCM offering. Terms of the deal were not disclosed.

it consulting

China-based IT consulting services provider Sinoage Technology Group has been acquired by INESA Intelligent Tech. The acquisition will provide INESA with an expanded geographic presence. Terms of the deal were not disclosed.

training

Outsourced transportation services company Hallcon Corporation has acquired rail and transit training services company Transportation Certification Services and Rail Temps. The acquisition will provide Hallcon 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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