Daily Deal Activity 05/17/17 – 05/18/17

Digital Media/Commerce

digital marketplace, local search

Vacation booking service Leavetown has acquired outdoor equipment sharing marketplace ShareShed and local guides and enthusiast’s platform Guiides. The acquisitions will provide Leavetown with an expanded presence within the adventure travel space. Terms of the deals were not disclosed.

ecommerce

Pharmacy delivery startup Capsule has raised $20 million in a round of funding from Thrive Capital, Sound Ventures, and Virgin Group. The company will use the new round of funding for expanding its presence geographically.

ecommerce, training

Education technology company Yup Technologies has acquired on-demand tutoring startup Quickhelp. The acquisition will provide Yup with an expanded offering for college students. Terms of the deal were not disclosed.

ecommerce

Mobile food ordering platform Slice has raised $15 million in a round of funding led by GGV Capital with participation from Primary Ventures. The company will use the new round of funding from expanding its presence geographically.

ecommerce

Direct-to-consumer pet food company The Farmer’s Dog has raised $8.1 million in a round of funding from Shasta Ventures. Forerunner Ventures, and Collaborative Fund. The company will use the new round of funding for expanding its customer experience division.

ecommerce

The Netherlands-based ticketing startup Tiqets has raised $17 million in Series B funding from HPE Growth Capital. The company will use the new round of funding for expanding its presence within Europe.

mobile content/apps, digital promotion/coupon

Mobile payment network LevelUp has raised $50 million in a round of funding from JPMorgan Chase, US Boston, and CentroCredit Bank. The company will use the new round of funding for product development efforts.

mobile content/apps

Spain-based mobile payments app Verse has raised $20 million in a round of funding from Spark Capital. The company will use the new round of funding for focusing on product development while expanding operations.

social media/apps

Artist and illustrator social network Nabaroo has been acquired by social networks operator Ello. The acquisition will provide Ello with an expanded within the artists and creative space. Terms of the deal were not disclosed.

social media/apps

Tournaments and leagues social network Oomba has been acquired by special purpose acquisition company Barington/Hilco Acquisition Corp. in a transaction valued at $60 million. The acquisition will see the company operate alongside entertainment venues operator GameWorks Entertainment. Financial information was not disclosed.

digital advertising

digital promotion/coupon

Restaurant deal app provider Spotluck has raised $4.8 million in a round of funding from Jobi Capital. The company will use the new round of funding for hiring talent while building out its restaurant network.

search marketing

Third-party linking and content services company AuthLinks will be acquired by AppSwarm. The acquisition will provide AppSwarm with an expanded direct website traffic offering. Terms of the deal were not disclosed.

vertical search

France-based tech recruitment marketplace Talent.io has raised $8.9 million in a round of funding from Alven Capital and Ventech. The company will use the new round of funding for expanding operations within Europe.

marketing Technology

analytics & Targeting

SaaS-based footfall attribution and location data platform Cuebiq has received an undisclosed amount of funding from Balyasny Asset Management and Elevate Innovative Partners. The company will use the new round of funding for product development.

bi tools

Visual data reporting software Dapresy has raised and undisclosed amount of funding from Verdane Capital. The company will use the new round of funding for product development initiatives while expanding operations.

creative production platform

Data visualization startup Infogram will be acquired by Hungary-based presentation technology company Prezi. The acquisition will see Infogram integrated into Prezi’s presentation creation offering. Terms of the deal were not disclosed.

email/messaging software

ServiceNow has acquired virtual messaging and chatbot deployment company Qlue. The acquisition will see Qlue integrated into ServiceNow’s Intelligent Automation Engine. In a separate transaction, ServiceNow has also invested in chatbot solutions company BuildOnMe. The company will use the investment proceeds for product development efforts.

search & discovery

Search and big data applications software developer Twigkit has been acquired by search solutions developer Lucidworks. The acquisition will provide Lucidworks with an expanded presence within the enterprise search space. Terms of the deal were not disclosed.

agency & marketing Services

general agency

Public relations firm Dalton Agency has acquired media buying and creative services agency Bill Hudson & Associates. The acquisition will see the combined firm operate under the name DaltonHudson. Terms of the deal were not disclosed.

loyalty/retention

Business Logic Systems, a provider of loyalty management solutions for mobile carriers, has been acquired by Evolving Systems. The acquisition will provide Evolving Systems with an expanded customer engagement offering.

traditional media

radio

Newfoundland Capital Corporation-backed radio and television broadcasting services provider Newcap has acquired radio broadcaster NL Broadcasting. The acquisition will provide Newcap with an expanded presence geographically. Terms of the deal were not disclosed.

Software

big data

Data science and machine learning solutions company Statistica has been acquired by TIBCO Software. The acquisition will see Statistica integrated into Tibco’s Insight Platform. Terms of the deal were not disclosed.

cloud computing

Secure cloud workspace platform Frame has raised $16 million in a round of funding from Bain Capital Ventures, In-Q-Tel, CNTP, and Microsoft Ventures. The company will use the new round of funding for expanding headcount.

credit/risk

Risk data aggregation engine Riskopy has been acquired by Coupa Software (Nasdaq:COUP). The acquisition will provide Coupa with expanded supplier risk data aggregation capabilities. Terms of the deal were not disclosed.

data management

Data management platform Atavium has raised $8.7 million in a round of funding from Rally Ventures, Grotech Ventures, Origin Ventures, and Correlation Ventures. The company will use the new round of funding for expanding its engineering division.

erp

Global Health Exchange, a developer of supply chain solutions for healthcare providers, will be acquired by Temasek from Thoma Bravo for a reported $1.8 billion. The acquisition will provide GHE with the resources for expanding its presence within North American and Europe. Financial information was not disclosed.

financial

Buy-side decision support and analytics company OTAS Technologies has been acquired by LiquidNet. The acquisition will see OTAS integrated into LiquidNet’s Virtual High Touch trading platform. Terms of the deal were not disclosed.

financial

China-based personal finance bookkeeping solution Wacai has raised $42 million in a round of funding from China Development Bank Capital. The company will use the new round of funding for expanding its personal credit and debt management offering.

healthcare

Patient-doctor conversation platform Conversa has raised $8 million in a round of funding from Northwell Ventures and Epic Ventures. The company will use the new round of funding for expanding headcount.

healthcare

Clinical process improvement solutions provider LogicStream Health has received an undisclosed amount of Series B funding from Noro-Mosely Partners. The company will use the new round of funding for expanding its sales and marketing divisions.

hr

France-based university recruitment platform JobTeaser has raised $16.7 million in a round of funding from Alven Capital and Korelya Capital. The company will use the new round of funding for expanding internationally.

hr

Germany-based human resources network MoBerries has raised $2 million in a round of funding from High-Tech Grunderfonds. The company will use the new round of funding for expanding its presence internationally.

legal

Zapproved, a developer of eDiscovery software for corporate legal departments, has received an undisclosed strategic investment from Vista Equity Partners. The company will use the investment proceeds for expanding headcount.

security

Endpoint protection platform CrowdStrike has raised $100 million at a reported valuation of more than $1 billion in a round of funding from Accel Partners with participation from CapitalG, Warburg Pincus, and March Capital Partners. The company will use the new round of funding for expanding its presence within the US.

information

financial information

Alternative investments data platform AltX has been acquired by financial operating systems developer Addepar. The acquisition will provide Addepar with an expanded alternative investments offering for wealth advisors. Terms of the deal were not disclosed.

geo-demo information

Garmin has acquired ActiveCapitan, operator of a crowdsourced electronic marine database. The acquisition will provide Garmin with expanded engineering and marine cartography capabilities. Terms of the deal were not disclosed.

business services

bpo

Faneuil will acquire the BPO and Contact Center Operations of Vertex Business Services in a transaction valued at a reported $13 million. The acquisition is expected to contribute $25 million to Faneuil revenues over the next twelve months.

healthcare consulting

myMatrixx, a provider of pharmacy benefit solutions for the workers’ compensation industry, has been acquired by Express Scripts. The acquisition will provide Express Scripts with expanded pharmacy services offerings. Terms of the deal were not disclosed.

it consulting

Cloud development and application strategy services provider OneCloud Consulting has been acquired by ePlus. The acquisition will see OneCloud integrated into ePlus Technology. Terms of the deal were not disclosed.

it consulting

Software support services provider Rimini Street will be acquired by special purpose acquisition company GP Investors Acquisition Corp. in a transaction valued at a reported $837 million. The acquisition will see Rimini Street trade on the Nasdaq under the ticker RMNI. Financial information was not disclosed.

it consulting

Thailand-based IT consulting services provider Suvitech has been acquired by Axiata in a transaction valuing the company at $16 million. The acquisition will see Survitec integrated into Axiata Business Services. Financial information was not disclosed.

it consulting

Denmark-based Microsoft Dynamics implementation services provider SCALES has been acquired by IT consultancy NNIT. The acquisition will provide NNIT 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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