Daily Deal Activity 06/26/17

Digital Media/Commerce

digital marketplace

UK-based peer-to-peer online fundraising platform Giving.com will be acquired by Blackbaud (Nasdaq:BLKB) for $121 million. The acquisition will provide Blackbaud with expanded offerings for individual donors and nonprofits. Financial information was not disclosed.

digital marketplace, training

Live online K-12 classes’ marketplace Outschool has raised $1.4 million in a round of funding from Collaborative Fund, Sesame Workshop, Y Combinator, and Learn Capital. The company will use the new round of funding for expanding operations.

mobile content/apps, financial software

Spain-based personal finance app Fintonic has raised $28 million in a round of funding from ING Group and PSN. The company will use the new round of funding for expanding its geographic presence within Europe.

mobile content/apps, local search

Pet health and care provider connection app PetDesk has raised $2.1 million in a round of funding from Canal Partners. The company will use the new round of funding for expanding its sales and engineering divisions.

niche content

Media startup OMG Digital has raised $1.1 million in a round of funding from Kima Ventures, Soma Capital, Comcast Ventures, Social Capital, and Macro Ventures. The company will use the new round of funding for building out video content.

social media/apps

Tournament and league management company FanAppEvents has been acquired by team management applications provider TeamSnap. The acquisition will provide TeamSnap with an expanded presence within youth and recreational sports. Terms of the deal were not disclosed.

digital advertising

comparison shopping

Red Ventures has acquired energy provider and rates comparison company Choose Energy in a transaction valued at less than a reported $100 million. Choose Energy is reportedly profitable with “double digit millions” in revenue. Financial information was not disclosed.

mobile marketing

Mobile payment and customer loyalty platform Yoyo Wallet has raised $15.3 million in a round of funding from Metro Group, Woodford Investment Management, and Touchstone Innovations. The company will use the new round of funding for expanding its presence within Europe.

 

marketing Technology

bi tools

Television audience insights and data solutions company Genius Digital has sold is MiriMON client data collection solution to digital television services company Verimatrix. Terms of the deal were not disclosed.

search & discovery

Australia-based data and image search company Zegami has raised $4 million in a round of funding from Oxford University and private investors. The company will use the new round of funding for product development.

teleservices/eservices

Visual customer support solutions company TechSee has raised $7.5 million in a round of funding from Planven Investments, OurCrowd, and Comdata Group. The company will use the new round of funding for product development efforts.

agency & marketing services

ad specialty/premiums

Branded products provider BrandSource Incentives has been acquired by manufacturer representative services company Sharp Incentives. The acquisition will provide Sharp Incentives with an expanded presence within North America. Terms of the deal were not disclosed.

promotional agency

Promotional products distributor The Image Group has acquired promotional marketing and branding company Target Marketing. The acquisition will provide The Image Group with an expanded geographic presence. Terms of the deal were not disclosed.

traditional media

b-to- b media

Haymarket Media has acquired the British Media Awards and Digital Media Strategies conference portfolio of Briefing Media. The acquisition will be complementary to Haymarket’s live events division. Terms of the deal were not disclosed.

consumer magazine publishing

France-based print and digital magazines company INfluencia has been acquired by journalism and training services company LMD. The acquisition will provide LMD with an expanded publishing portfolio. Terms of the deal were not disclosed.

entertainment media

China-based digital publishing and film company Dook Book has raised $18 million in Series A funding from Legend Capital and Zhihe Capital. The company will use the new round of funding for expanding its presence internationally.

Software

financial, loyalty/retention

Belgium-based online and point-of-sale payment and loyalty solutions company Dalenys will be acquired by Natixis in a transaction valuing the company at $161 million. Dalenys has reported LTM revenues for the period ended December 31 2016 of $68.3 million, representing an LTM revenue multiple of 2.2x.

financial

Investment technology company Trizic has raised $2.5 million in a round of funding led by PEAK6 with participation from Freestyle Capital, Broadhaven Capital Partners, and Commerce Ventures. The company will use the new round of funding for scaling operations.

security

Mobile carrier anti-fraud company BlockFraud has raised $5 million in Series A funding from Palisades Venture Capital. The company will use the new round of funding for expanding its presence internationally.

security

Security analytics company SparkCognition has raised $32 million in Series B funding led by Verizon Ventures with participation from The Boeing Company. The company will use the new round of funding for product development initiatives.

security

Cloud cybersecurity platform Upstream has raised $2 million in a round of funding from Glilot Capital Partners and Maniv Mobility. The company will use the new round of funding for expanding marketing and sales efforts.

business services

logistics

Local delivery fulfillment solutions company Homer Logistics has raised $8.5 million in Series A funding led by Two Sigma Ventures with participation from Lerer Hippeau Ventures, RSE Ventures, and Laconia Capital Group. The company will use the new round of funding for research and development initiatives.

it consulting

Canada-based IT services provider Glenbriar Technologies has been acquired by internet access and communications services provider Uniserve. The acquisition will provide Uniserve with an expanded managed services offering. Terms of the deal were not disclosed.

it consulting

IT infrastructure and services company Cancom has acquired Germany-based managed services provider Synaix. The acquisition will provide Cancom 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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