Daily Deal Activity 06/19/17

Digital Media/Commerce

digital marketplace, vertical search

Apollo Global Management and Ontario Teachers’ Pension Plan Board will acquire a 75.7 percent majority stake in job postings website Careerbuilder from Tegna (NYSE:TGNA), Tribune National Marketing, and Knight Ridder Digital in a transaction valuing the company at $627 million, including debt. Careerbuilder has reported LTM revenues for the period ended December 31 2016 of $714 million, representing an LTM revenue multiple of 0.9x.

digital marketplace

Turkey-based second hand fashion items marketplace Modacruz has raised $9 million in a round of funding from Middle East Venture Partners and Hummingbird Ventures. The company will use the new round of funding for expanding its geographic presence.

ecommerce

Direct to consumer mattress company Casper has closed a $170 million Series C round of funding led by Target with participation from Tresalia, IVP, Norwest Venture Partners, New Enterprise Associates, and Irving Capital. The company will use the round of funding for multi-channel expansion efforts.

ecommerce

Fitness class membership platform ClassPass has raised $70 million in Series C funding led by Temasek with participation from Acequia Capital, CRV, GV, and General Catalyst. The company will use the new round of funding for expanding operations.

ecommerce

On-demand housecleaning startup Fairy has raised $4.1 million in a round of funding from Crunchfund and private investors. The company will use the new round of funding for expanding its geographic presence.

mobile content/apps

Student behavior management application developer Hero K12 has raised a $150 million equity investment from BV Investment Partners. The company will use the new round of funding for platform development initiatives.

mobile content/apps

Virtual reality app developer VRB has been acquired by Samsung for a reported $5.5 million. The acquisition will provide Samsung with an expanded presence within the VR space. Financial information was not disclosed.

digital advertising

ad networks/exchanges

Mode Media, a publisher of vertical content that shut down operations in September of last year, has been acquired by wedding-focused advertising company BrideClick. The acquisition will see the combined company relaunched as Glam. Terms of the deal were not disclosed.

mobile marketing

SaaS-based location and mobile marketing company Verve has acquired Germany-based push marketing company matchinguu. The acquisition will provide Verve with an expanded presence internationally. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting, marketing data

TV audience data and analytics platform Samba TV has raised $30 million in a round of funding led by Union Grove Venture Partners with participation from Disney, Interpublic Group, MDC Ventures, Time Warner, A+E Networks, and Draper Associates. The company will use the new round of funding for expanding its presence internationally.

email/messaging software

UK-based SMS voice and email solutions company Esendex has raised $11.3 million in a round of funding from HgCapital. The company will use the new round of funding for acquiring messaging services company SMSpubli. Terms of the deal were not disclosed.

product/price software

Product discovery platform Unbxd has raised $12.5 million in a round of funding from Eight Roads Ventures, Fidelity International, IDG Ventures, and Inventus Capital Partners. The company will use the new round of funding for product development.

teleservices/eservices

Service desk automation provider Talla has raised $8.3 million in a round of funding from Glasswing Ventures, Avalon, and Pillar and Launch. The company will use the new round of funding for sales and marketing efforts.

agency & marketing services

digital agency, marketingconsulting

UK-based digital transformation consulting services company The Customer Framework has been acquired by Dentsu Aegis Network. The acquisition will see the company integrated into Dentsu Aegis Network’s Global Clients division. Terms of the deal were not disclosed.

traditional media

entertainment media

Television and film visual effects company Milk Visual Effects has raised $2.5 million in a round of funding from BGF. The company will use the new round of funding for research & development initiatives.

newspaper publishing

Newspaper publishing and television stations operator Calkins Media will be acquired by New Media Investment for $17.5 million. The acquisition is reported to be valued between 3.5x -4.5x LTM Adjusted EBITDA. Financial information was not disclosed.

Software

cloud computing

Internet of Things artificial intelligence solutions company Augury has raised $17 million in Series B funding from Eclipse Ventures, Munich Re/HSB Ventures, First Round Capital, and Lerer Hippeau Ventures. The company will use the new round of funding for expanding its presence within the mechanical diagnostics industry.

financial

SaaS-based financial impact forecasting technology company Alight has raised $11 million in Series A funding from Caterpillar Venture Capital. The company will use the round of funding for expanding into new industries.

financial

Loan lifecycle management platform Precise Real Estate Solutions has raised $1.5 million in a round of funding from undisclosed investors. The company will use the new round of funding for marketing and sales initiatives.

healthcare

Patient care coordination technology company ChartSpan Medical Technologies has raised $16 million in a round of funding from Cypress Growth Capital. The company will use the new round of funding for expanding its geographic presence.

healthcare

Main Capital has made an undisclosed equity investment in The Netherlands-based connected healthcare and remote care platform Verklizan. The company will use the investment proceeds for expanding its presence internationally.

hr

Background checking solutions startup Trooly has been acquired by Airbnb. The acquisition will provide Airbnb with expanded host screening and customer violation capabilities. 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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