Daily Deal Activity 04/28/17

Digital Media/Commerce

digital marketplace

Online rural properties sales platform LandWatch has been acquired by CoStar Group (Nasdaq:CSGP). The acquisition will provide CoStar with complementary offerings for its existing rural land portfolio. Terms of the deal were not disclosed.

digital marketplace

UK-based digital automotive marketplace Auto Trader Group has acquired trade delivery marketplace  Motor Trade Delivery. The acquisition provides Auto Traders Group with an expanded offering for logistics providers. Terms of the deal were not disclosed.

ecommerce

On-demand beauty services platform Blow has raised $4.5 million in a round of funding from Unilever Ventures. The company will use the new round of funding for expanding its geographic presence internationally.

ecommerce

Warburg Pincus-backed jewelry stores operator Kalyan Jewelers has acquired jewelry eCommerce platform Candere. The acquisition will provide Kalyan with an expanded digital presence. Terms of the deal were not disclosed.

ecommerce

Sweden-based eBooks startup Nextory has raised $3.3 million in a round of funding from Acacia, Industrifonden, and private investors. The company will use the new round of funding for expanding its reader base.

mobile content/apps, mobile technology

France-based connected car services platform Xee has raised $13.1 million in a round of funding from Bridgestone, EMEA, Total, Cofip, and Via ID. The company will use the new round of funding for product development efforts.

marketing Technology

bi tools

Data management and analytics company Domo has raised $100 million at a reported post-money valuation of $2.3 billion from BlackRock and undisclosed investors. The company will use the new round of funding for prepping a potential IPO.

bi tools

Campaign dashboards and reporting tools developer TapClicks has raised $3 million in a round of funding from SaaS Capital. The company will use the investment proceeds for funding its recent purchase of SEO tools developer Raven Tools.

agency & marketing services

experiential marketing

Exhibition and event management services company Praveg Communications will be acquired by India-based pharmaceutical company Sword and Shield Pharma. The acquisition will provide Sword and Shield with an entrance into the event management services industry. Terms of the deal were not disclosed.

traditional media

consumer magazine publishing

Mexico-based book and magazine publisher Grupo Expansion will be acquired by outdoor advertising services company Cinco M Dos from Southern Cross Group. The acquisition will provide Cinco M Dos with expanded media holdings. Terms of the deal were not disclosed.

 Software

 application management

Software asset management and cloud spend management solutions company Snow Software has raised $120 million in a round of funding from Sumeru Equity Partners and Ontario Pension Board. The company will use the new round of funding for expanding its presence internationally.

 big data

Big data analysis firm Guavus will be acquired by France-based aerospace and defense company Thales for a reported $215 million. The acquisition will provide Thales with expanded real-time data analysis capabilities. Financial information was not disclosed.

financial

Digital wealth management platform AdvisorEngine has acquired financial advisor software solutions developer Kredible Technologies. The acquisition will provide AdvisorEngine with an expanded practice management offering. Terms of the deal were not disclosed.

financial

Marlin Equity Partners-backed Asentinel will acquire telecom expense management solutions company Tangoe in a transaction valuing the company at $260 million. The acquisition will see Tangoe integrated into TAMS. The acquisition will represent a NTM revenue multiple of 1.1x and a NTM EBITDA multiple of 9.9x.

healthcare

Critical care software developer Ambient Clinical Analytics has raised $5.4 million in Series A funding led by Waterline Ventures and Bluestem Capital with participation from Social Capital. The company will use the new round of funding for product development efforts.

 healthcare

Belgium-based independent living solutions developer Cubigo has raised $4.4 million in a round of funding from Transvision. The company will use the new round of funding for expanding its presence internationally.

information

financial information

Professionals’ knowledge sharing platform Lynk has raised $4 million in a round of funding from Hong Leong Group and CRE Venture Capital. The company will use the new round of funding for expanding its presence internationally.

financial information

Startup research and information platform Oddup has raised $6 million in Series A funding led by Brand Capital with participation from 500 Startups, Click Ventures, and White Capital. The company will use the new round of funding for expanding within Asia.

business services

it consulting

CGI Group (NYSE:GIB) has acquired digital transformation services companies CTS and ECS Team. The acquisitions will provide CGI Group with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting, healthcare consulting

Healthcare systems integrator Image Stream Medical will be acquired by Olympus for a reported $87 million. The acquisition will be complementary to Olympus’ medical segment. Financial information was 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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