Daily Deal Activity 07/05/17

Digital Media/Commerce

ecommerce

France-based on-demand fitness class’s platform Gymlib.com has raised $3.4 million in a round of funding from Breega Capital, Kima Ventures, and Alyan Group. The company will use the new round of funding for expanding operations.

ecommerce

Germany-based office products and equipment marketplace Mercateo has raised an undisclosed amount of funding from BIP. The company will use the new round of funding for expanding its presence within Europe.

social media/apps, gaming

UK-based Whipper, developer of a gamified messaging platform, has raised $1.4 million in a round of funding from private investors. The company will use the new round of funding for expanding operations.

digital advertising

local search, yellow pages

Online directories and local search company YP.com has been acquired by competitor Dex Media for a reported $600 million. The acquisition will see the combined company operate under the name DexYP. Financial information was not disclosed.

online lead generation, financial information

Bankrate (NYSE:RATE) will be acquired by Red Ventures in a transaction valuing the company at $1.4 billion. The acquisition of $14 per Bankrate share represents a premium of 31 percent over the company’s three-month average closing price. Bankrate has reported LTM revenues for the period ended March 31 2017 of $460 million and LTM EBITDA of $96 million, representing an LTM revenue multiple of 3.2x and an LTM EBITDA multiple of 15.1x.

marketing Technology

content management

UK-based content recommendations solution platform Bibblio has raised $1.5 million in a round of funding from 01 Ventures. The company will use the new round of funding for expanding operations within Europe.

email/messaging software

SME email and digital marketing software developer Sarbacane Software has received an undisclosed minority investment from Ardian The company will use the new round of funding for expanding its presence internationally.

mrm/workflow management

Software vendor management platform VendorHawk has raised $1.2 million in a round of funding from iNovia Capital, Techstars Ventures, and Telos Ventures. The company will use the new round of funding for hiring talent.

social technology

Social media data and insights company Nexalogy has been acquired by Point of Sale analysis solutions company Datametrex for $4.6 million. The acquisition will provide Datametrex with expanded social media intelligence capabilities. Financial information was not disclosed.

agency & Marketing Services

database/analytics

UK-based data analytics consulting services company Aquila Insight has been acquired by Merkle. The acquisition will provide Merkle with an expanded presence within Europe. Terms of the deal were not disclosed.

digital agency, design agency

Creative agencies collection The Creative Engagement Group has been acquired by Huntsworth in a transaction valued at $32 million. TCEG has reported LTM revenues for the period ended October 31 2016 of $32.5 million, representing an LTM revenue multiple of 0.9x.

healthcare agency, public relations

Havas has acquired UK-based health and wellness communications firm SO What Global. The acquisition will see SO What grouped with Health & You to form a new entity called Havas SO Group. Terms of the deal were not disclosed.

promotion agency

The Netherlands-based branding and marketing services firm Hamilton Bright Group has been acquired by Advantage Smollan. The acquisition will provide Advantage Smollan with an expanded international presence. Terms of the deal were not disclosed.

public relations

Publicis has acquired Australia-based public relations agency The Herd Agency. The acquisition will see The Herd Agency integrated into MSLGROUP and will operate under the name Herd MSL. Terms of the deal were not disclosed.

Software

big data

We Predict, a developer of predictive analytics software for automobile manufacturers and suppliers, has raised an undisclosed amount of funding from Breed Reply and Finance Wales Group. The company will use the new round of funding for expanding operations.

credit/risk

Auto, mortgage, and retail lending fraud solution PointPredictive has raised an undisclosed amount of funding from Mosaik Partners. The company will use the new round of funding for product development efforts.

data management

Database solutions company DBmaestro has raised $4.5 million in a round of funding from Vertex Ventures and Lool Ventures. The company will use the new round of funding for expanding marketing and sales and efforts.

financial

Norway-based Enoro, a provider of customer information systems and billing solutions to the energy-sector, has been acquired by Hansen Technologies a reported $96 million. Enoro is forecasting 2017 EBTIDA of $9 million, representing a 2017E EBITDA multiple of 10.6x.

financial

Singapore-based cross-border payments company InstaReM has raised $13 million in Series B funding led by GSR Ventures with participation from Global Founders Fund and Vertex Ventures. The company will use the new round of funding for expanding its presence within the US.

financial

The Netherlands-based core banking software developer Ohpen has raised $17 million in a round of funding from Amerborgh. The company will use the new round of funding for expanding its enterprise-level customer base.

financial

Digital bank accounts company Qonto has raised $11.3 million in a round of funding from Valar Ventures and Alven Capital. The company will use the new round of funding for research and development initiatives.

financial

Israel-based cloud cost management solutions developer Spotinst has raised $15 million in a round of funding led by Intel Capital with participation from Vertex Venture Capital. The company will use the new round of funding for expanding its engineering division.

financial

SME banking service Tide has raised $14 million in Series A funding from Anthemis, Passion Capital, LocalGlobe, and Creandum. The company will use the new round of funding for product development initiatives.

healthcare

Royal Philips has acquired UK-based healthcare and family-related mobile apps company Health & Parenting. The acquisition will be complementary to Philips’ uGrow platform. Terms of the deal were not disclosed.

healthcare

Video doctor consultation platform Push Doctor has raised $26.1 million in Series B funding from Accelerated Digital Ventures, Draper Esprit, Oxford Capital, Partech Ventures, and Seventure Partners. The company will use the new round of funding for expanding headcount.

security

Security and compliance management solutions company Enforcive Systems has been acquired by Clearlake Capital-backed Vision Solutions. The acquisition will provide Vision Solutions with expanded capabilities for its business resilience offering. Terms of the deal were not disclosed.

software development tools, cloud computing

Artificial intelligence and natural language startup Kitt.ai has been acquired by Baidu. The acquisition will provide Baidu with an expanded voice-based chatbots and applications framework. Terms of the deal were not disclosed.

information

credit/risk information

Germany-based insurance information startup ottonova has raised $11.4 million in a round of funding from Debeka, Holtzbrinck Ventures, Tengelmann Ventures, and STS Ventures. The company will use the new round of funding for expanding headcount.

business services

healthcare consulting

Italy-based hospital services provider Santa Lucia Pharma Apps has been acquired by H.I.G. Europe. The acquisition will provide SLPA with the resources for expanding its presence geographically. Terms of the deal were not disclosed.

it consulting

NCI, a provider of IT services to federal government agencies, has been acquired by H.I.G. Capital for a reported $283 million. The acquisition will provide NCI with the resources for expanding its presence internationally. NCI has reported LTM revenues of $318 million and LTM EBITDA of $28 million, representing an LTM revenue multiple of 0.9x and an LTM EBITDA multiple of 10.0x.

it consulting

Security systems integrator SigNet Technologies has been acquired by service-based integrator Convergint Technologies. The acquisition will provide Convergint with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting, software development tools

Mobile and web application development firm Techjini Solutions has been acquired by India-based Datamatics Global Services in a transaction valued at $8.5 million. Techjini has reported LTM revenues for the period ended March 31 2017 of $5 million, representing an LTM revenue multiple of 1.7x.

it consulting

Microsoft Dynamics 365 solutions and managed cloud services provider Tribridge will be acquired by DXC Technology. The acquisition will see Tribridge integrated into DXC Eclipse. 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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