Daily Deal Activity 06/29/17

Digital Media/Commerce

ecommerce

China-based home renovations services company iKongjian has raised $31 million in Series C funding from Gome Holdings. The company will use the new round of funding for expanding its geographic presence within Asia.

ecommerce

On-demand flowers company UrbanStems has raised $6 million in a round of funding from GSW Investments, SWaN & Legend, and NexGen Venture Partners. The company will use the new round of funding for expanding its geographic presence.

gaming, social media/apps

Esports competition platform and community Super League Gaming has raised $15 million in a round of funding from Viacom, DMG Entertainment, and Toba Capital. The company will use the new round of funding for expanding its user base.

digital advertising

affiliate/cpa network

Network marketing and online casino affiliate company Kama Net will be acquired by gaming companies operator Nordic Leisure. The acquisition will provide Nordic Leisure with an expanded online casino offering. Terms of the deal were not disclosed.

digital promotion/coupon

Germany-based online gift coupons and vouchers retailer Jochen Schweizer has been acquired by ProSiebenSat.1 Media for $120.3 million. Jochen Schweizer has reported LTM EBITDA of $10.9 million, representing an LTM EBITDA multiple of 11.0x.

online lead generation, niche content

Real estate lead generation and client relationship platform HomeActions has acquired real estate and mortgage digital and print lead generation company Gooder Group. Terms of the deal were not disclosed.

marketing Technology

email/messaging software

Credit union and bank email marketing solutions provider DocuMatix has been acquired by Falfurrias Capital Partners-backed Marquis Software Solutions. The acquisition will provide Marquis with expanded offerings for financial institutions. Terms of the deal were not disclosed.

market research

Australia-based insights and marketing research services provider Acuity Research and Insights has been acquired by KPMG. The acquisition will see Acuity integrated into KMPG Australia. Terms of the deal were not disclosed.

marketing data

Shopper insights and retail analytics company InfoScout has been acquired by pricing and business intelligence solutions company Market Track. The acquisition will provide Market Track with an expanded purchasing decision insights offering. Terms of the deal were not disclosed.

mrm/workflow management

Germany-based make.tv, developer of a live video cloud for publishers and video creators, has raised $8.5 million in a round of funding led by Voyager Capital with participation from Microsoft Ventures, Vulcan Capital, Arnold Ventures, and High-Tech Grunderfonds. The company will use the new round of funding for expanding its engineering division.

agency & Marketing services

design agency

UK-based brand design and marketing services company Aswellas has been acquired by commercial printing services company Ginger Root Print. The acquisition will provide Ginger Root with expanded creative capabilities. Terms of the deal were not disclosed.

traditional media

b-to-b media

Consumer motoring market B-to-B publisher Unity Media has been acquired by Mark Allen Group. The acquisition will be complementary to Mark Allen’s B-to-B portfolio. Terms of the deal were not disclosed.

consumer book publishing

Children’s book and information texts publisher Rourke Educational Media has been acquired by children’s publisher Carson-Dellosa Publishing Group. The acquisition coincides with Carson-Dellosa’s school and library expansion strategy. Terms of the deal were not disclosed.

entertainment media

Mixed martial arts events company Hardrock MMA has been acquired by live events sports company B2Digital. The acquisition will provide B2Digital with an expanded presence within the MMA industry. Terms of the deal were not disclosed.

entertainment media

Esports entertainment company RFRSH Entertainment has raised $8.2 million in a round of funding from Creandum. The company will use the new round of funding for expanding support initiatives for affiliated teams.

Software

cloud computing

Microsoft will acquire Israel-based cloud computing resources management company Cloudyn in a transaction valued between a reported $50 million and $70 million. Cloudyn has raised $20.5 million to date. Financial information was not disclosed.

collaboration

Astronomer, developer of a collaborative data platform for data engineers, has raised $3.5 million in a round of funding from Wireframe Ventures, Frontline Ventures, Grand Ventures, Core Network, and M25 Group. The company will use the new round of funding for product development.

collaboration, credit/risk

UK-based ClauseMatch, a provider of collaboration solutions for fintech compliance, has raised $1.4 million in a round of funding from SpeedInvest. The company will use the new round of funding for expanding its presence internationally.

data management

High performance in-memory distributed database Kinetica has raised $50 million in a round of funding from Canvas Ventures, Meritech Capital Partners, and Citi Ventures. The company will use the new round of funding for expanding its engineering division.

data management

Container and cloud storage solution StorageOS has raised $2 million in a round of funding from Bain Capital Ventures. The company will use the new round of funding for expanding marketing and sales efforts.

financial, mobile technology

Switzerland-based hospitality point-of-sale platform iKentoo has raised $5.3 million in a round of funding from undisclosed investors. The company will use the new round of funding for expanding its presence within Europe.

financial

Norway-based SMB management software developer Visma will be acquired by HgCapital from Cinven and KKR in a transaction valuing the company at $5.3 billion. The acquisition will see Cinven continue to hold a minority stake in the company. Visma has reported 2016 revenues of $943 million, representing a 2016 revenue multiple of 5.6x.

geo-demo

Peer-to-Peer location technology company Lynq has raised $1.9 million in a round of funding from Plus Eight Equity Partners. The company will use the new round of funding for expanding marketing and sales initiatives.

hr

Employee sentiment tools developer Brand Amper has been acquired by recruitment site The Muse. The acquisition will provide The Muse with expanded workplace environments gauging capabilities. Terms of the deal were not disclosed.

hr

Human resources technology startup Harver has raised $8.1 million in Series A funding from Insight Venture Partners. The company will use the new round of funding for expanding its presence internationally.

hr

Employee recruitment and retaining solutions company The Pracuj Group has received an undisclosed minority investment from TCV. The company will use the investment proceeds for expanding its presence within Europe.

software development tools

Mobile backend-as-a-service company Kinvey will be acquired by Progress Software Corporation (Nasdaq:PRGS) for $49 million. The acquisition will provide Progress with expanded mobile app development capabilities. Financial information was not disclosed.

information

it information

Open source software vulnerabilities website operator Vor Security has been acquired by supply chain automation software provider Sonatype. The acquisition will provide Sonatype with an expanded security research offering. Terms of the deal were not disclosed.

business services

it consulting

Mobile application and web development services company Gyanmatrix Services has been acquired by News Corp. (Nasdaq:NWSA). The acquisition will provide News Corp with expanded operations and infrastructure support. Terms of the deal were not disclosed.

it consulting

UK-based Microsoft Azure services provider Inframon has been acquired by IT services company Ensono. The acquisition will provide Ensono with an expanded international 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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: