Daily Deal Activity 07/10/17

Digital Media/Commerce

digital marketplace

Cargo Systems, developer of a mobile marketplace for selling to people in-transit, has raised $1.5 million in a round of funding from Techstars Ventures and Fontinalis Partners. The company will use the new round of funding for expanding operations.

ecommerce

Online home meal delivery company Home Bistro will be acquired by AlphaPoint Technology. The acquisition will provide Home Bistro with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

ecommerce

China-based cross-border payment technology company Sunrate has raised an undisclosed amount of funding from China Growth Capital. The company will use the new round of funding for expanding its presence internationally.

ecommerce

Snack food eCommerce company Yamibuy has raised $10 million in Series A funding led by GGV Capital with participation from K2VC. The company will use the new round of funding for expanding its geographic presence.

mobile content/apps

Mobile lottery app AutoLotto has raised $17 million in a round of funding from Aurum Partners and private investors. The company will use the new round of funding for expanding its presence within the US.

niche content

Sports technology company Blue Star Sports has acquired sports content and media company STACK. The acquisition coincides with Blue Star Sports’ youth sports content initiative. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting

Engage3, developer of SaaS-based predictive analytics solutions for CPG companies, has raised $12 million in Series B funding led by Kayne NewRoad Ventures with participation from Moneta Ventures. The company will use the new round of funding for platform development initiatives.

analytics & targeting

eCommerce activity measurement company Foxintelligence has raised $6.8 million in a round of funding from Daphni, Global Founders Capital, Partech Ventures, Iron Capital, and Kima Ventures. The company will use the new round of funding for expanding operations.

commerce management

UK-based virtual fitting room technology developer Metail has raised $12.9 million in a round of funding from TAL. The company will use the new round of funding for expanding its presence within the US and Europe.

media management system

Sports analytics and video editing solutions company Hudl has raised $30 million in a round of funding from Accel Partners and Nelnet. The company will use the new round of funding for product development initiatives.

mrm/workflow management

Event coordination and digital signage company SignUpGenius has been acquired by Providence Equity Partners. The acquisition will provide SignUpGenius with the resources for expanding its enterprise customer base. Terms of the deal were not disclosed.

search & Discovery

Germany-based Comtravo, developer of text recognition and structured search technology for the business travel industry, has raised $9.7 million in a round of funding from Project A Ventures and Creandum. The company will use the new round of funding for expanding its presence internationally.

agency & marketing services

ad specialty/premiums

H.I.G. Capital has acquired the BIC Graphics promotional products division of Societe BIC for $80 million. The acquisition will provide BIC Graphics with the resources for expanding its printing capabilities. Financial information was not disclosed.

traditional media

b-to-b media

Healthcare sector-focused B-to-B media and information platform Becker’s Healthcare has received an undisclosed investment from Pamlico Capital. The company will use the investment proceeds for expanding its conferences and digital properties divisions.

consumer magazine publishing

Print and online magazines company Penthouse Global Media has acquired science and science fiction magazine publisher OMNI. The acquisition will provide Penthouse with an expanded print media portfolio. Terms of the deal were not disclosed.

Software

data management

Enterprise document management company iBabs has been acquired by Euronext in a transaction valuing the company at $57.1 million. iBabs has reported LTM revenues for the period ended December 31 of $6.2 million and LTM EBITDA of $4 million, representing an LTM revenue multiple of 8.6x and an LTM EBITDA multiple of 13.3x.

erp

Systems operations management software Phinis has been acquired by Japan-based IT solutions company Triumph Corporation. The acquisition will provide Triumph with an expanded systems implementation offering. Terms of the deal were not disclosed.

financial

Electronic trading platform Trumid has raised $10 million in a round of funding from DB1 Ventures. The company will use the new round of funding for product development and expanding its presence within Europe.

healthcare

Care delivery management solutions provider CellTrak Technologies has raised $11 million in a round of funding from Boathouse Capital with participation from MK Capital. The company will use the new round of funding for expanding its sales division.

healthcare

Electronic health records and practice management software developer ChiroTouch has been acquired by Waud Capital Partners. The acquisition will provide ChiroTouch with the resources for expanding its presence within the US. Terms of the deal were not disclosed.

software development tools

Telestax, developer of an open source platform for building enterprise communication applications, has raised $4.7 million in a round of funding from LiveOak Venture Partners. The company will use the new round of funding for expanding headcount.

business services

management consulting

Korea-based patent renewals and intellectual property management company Markpro has raised an undisclosed amount of funding from CPA Global. The company will use the investment proceeds for expanding its presence internationally.

training

Legal education programs developer iLawVentures has been acquired by BAR review services company BARBRI. The acquisition will provide BARBRI with an expanded international presence. Terms of the deal were not disclosed.

training

Online code training platform Vidcode has raised $1.5 million in a round of funding from Cherry Ventures and CoVenture. The company will use the new round of funding for product development initiatives.

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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