Daily Deal Activity 07/27-7/28/17

Digital Media/Commerce

digital marketplace

Real estate equity investment and trading platform RealtyShares has acquired competitor Acquire Real Estate. The acquisition will provide RealtyShares with an expanded user base. Terms of the deal were not disclosed.

digital marketplace

China-based B-to-B auto parts marketplace AutocloudPro has raised $17 million in a round of funding from Qingsong Fund, Matrix Partners, and Fenghou Capital. The company will use the new round of funding for hiring talent.

ecommerce

France-based online office furniture and supplies company Bruneau has been acquired by Equistone Partners from Weinberg Capital Partners. The acquisition will provide Bruneau with the resources for expanding its international presence. Terms of the deal were not disclosed.

ecommerce

Direct-to-consumer mattress company Purple will merge with Global Partner Acquisition Corp (Nasdaq:GPAC) in a transaction valuing the company at $1.1 billion. The reverse merger will see Purple become a publicly traded company with GPAC paying $90 million in cash at close in exchange for a 14 percent stake in the company. Financial information was not disclosed.

ecommerce

Eye exam and contact lenses membership platform Sightbox has raised $2.4 million in a round of funding from Rogue Venture Partners. The company will use the new round of funding for expanding headcount.

ecommerce

Online outdoor gear and actions sports retailer TheHouse.com has been acquired by Camping World Holdings (NYSE:CWH). The acquisition will provide Camping World with expanded product offerings for its eCommerce platform. Terms of the deal were not disclosed.

ecommerce

Indonesia-based online travel portal Traveloka has received a $350 million investment at a reported valuation of more than $1 billion from Expedia. The investment will see Traveloka partner with Expedia to offer international accommodations beyond Asia.

mobile content/apps

UK-based mobile insurance purchasing app Brolly has raised $1.3 million in a round of funding from Valar Ventures. The company will use the new round of funding for expanding its presence within Europe.

mobile content/apps

China-based mobile applications development company DotC United Group has raised $350 million in Series B funding from Zeus Entertainment. The investment will see Zeus take a 30.6 percent stake in the company.

mobile content/apps

Texting application developer Talkshow Industries will be acquired by online publishing platform provider Medium. The acquisition will be complementary to Medium’s product division. Terms of the deal were not disclosed.

niche content

Online technology news and editorial provider Tech.li has been acquired by public relations firm Publicize. The acquisition will provide Tech.li with the resources for relaunching in the Midwest. Terms of the deal were not disclosed.

social media/apps

Social travel recommendations app Cool Cousin has raised $2 million in a round of funding from Elevator Fund. The company will use the new round of funding for expanding its presence internationally.

marketing Technology

commerce management

China-based eCommerce software developer ShopEx has raised $105 million in a round of funding from Joy Capital, New Alliance Capital, Tianxing Capital, K2VC, China Broadband Capital, and Gopher Asset Management.

content delivery network

Peer5, a developer of video streaming solutions for large audiences, has raised $2.5 million in a round of funding from FundersClub, Tank Hill Ventures, and Oriza Ventures. The company will use the new round of funding for product development efforts.

mrm/workflow management

Content sharing and productivity platform Shelf has raised $2.2 million in a round of funding from CT Innovations. The company will use the new round of funding for launching its platform and expanding operations.

agency & marketing services

ad specialty/premium

Party City has acquired a 60 percent stake printed personalized products company Print Appeal for $2.8 million. The acquisition will provide Party City with an entrance into the personalized products vertical. Financial information was not disclosed.

ad specialty/premium

Branded merchandise services company SwervePoint will be acquired by branded merchandise distributor BDA. The acquisition will provide BDA with an expanded presence within the Northeast US. Terms of the deal were not disclosed.

database/analytics

India-based performance marketing and analytics agency Sokrati has been acquired by Merkle. The acquisition will provide Merkle with an expanded presence within the Asia Pacific region. Terms of the deal were not disclosed.

design agency

Creative services agency Narrative will be acquired by production and branded content services firm Will Packer Media. The acquisition will provide Will Packer Media with an expanded branded content offering. Terms of the deal were not disclosed.

public relations

Canada-based public relations agency Tartan Group has been acquired by UK-based Beattie Communications Group. The acquisition will provide Beattie with an expanded international presence. Terms of the deal were not disclosed.

traditional media

b-to-b media

Spain-based multimedia company Vocento has acquired gastronomy event operator Madrid Fusion for $7.6 million. The acquisition will see Madrid Fusion integrated into Corporacion de Nuevos Medios Digitales. Financial information was not disclosed.

consumer magazine publishing, niche content

The Emerson Collective will acquire a majority stake in digital and print magazine The Atlantic. The acquisition will provide The Atlantic with the resources for growing its digital audience. Terms of the deal were not disclosed.

entertainment media

Digital jukeboxes and video systems company AMI Entertainment has been acquired by The Gores Group. The acquisition will provide AMI with the resources for expanding its geographic presence. Terms of the deal were not disclosed.

entertainment media

Virtual reality studio Within has raised $40 million in a round of funding from Andreessen Horowitz, Temasek, Emerson Collective, WPP, 21st Century Fox, and Macro Ventures. The company will use the new round of funding expanding headcount.

traditional outdoor

Transit advertising services company Clean Zone Marketing has been acquired by specialty out-of-home advertising company Brite Media Group. The acquisition will provide Brite Media with an expanded offering for its transit agency partners. Terms of the deal were not disclosed.

Software

cloud computing, mobile technology

China-based mobile operating system developer Haimawan has raised $58 million in a round of funding from Elefirst Science & Technology. The company will use the new round of funding for building out its mobile content cloud computing business.

credit/risk

Compliance monitoring and eCommerce merchant risk management company G2 Web Services will be acquired by Verisk Analytics (Nasdaq:VRSK) from Primus Capital for $112 million. The acquisition will see G2 integrated into Argus. Financial information was not disclosed.

data management

Data protection solutions provider eFolder has acquired disaster recovery services company Axcient. The acquisition will provide eFolder with expanded data continuity and cloud file syncing capabilities. Terms of the deal were not disclosed.

data management

Records and information management solutions company OASIS will be acquired by Montagu Private Equity from Sverica Capital Management and Housatonic Partners. The acquisition will provide OASIS with the resources for expanding headcount. Terms of the deal were not disclosed.

financial

Restaurant accounting, back office, and workforce management software developer Compeat has acquired competitor Ctuit. The acquisition will provide Compeat with an expanded customer base. Terms of the deal were not disclosed.

financial

Payable, a provider of tax reporting software for on-demand and marketplace businesses, will be acquired by Stripe. The acquisition will see Payable integrated into Stripe Connect. Terms of the deal were not disclosed.

financial

Spera, a developer of business management and payments software for independent contractors, has raised $2 million in a round of funding from Medici Ventures. The company will use the new round of funding for expanding its engineering division.

healthcare

France-based medical software company Medasys has acquired laboratory information systems management and quality assurance software developer Netika for $11.5 million. Netika has reported 2016 EBITDA of $1.2 million, representing a 2016 EBITDA multiple of 9.8x.

hr, security

B-to-B digital governance solutions company Evidon has been acquired by SaaS-based web experience management solutions provider CrownPeak for a reported $50 million. The acquisition follows Cliqz’s acquisition of Evidon’s Ghostery assets in February 2017. Financial information was not disclosed.

hr

Human capital and workforce management solutions company Digital Instinct has been acquired by Kronos. The acquisition will provide Kronos with an expanded presence within the casino resort industry. Terms of the deal were not disclosed.

hr

UK-based digital employee engagement platform Perkbox has raised $8.6 million in a round of funding from Draper Esprit. The company will use the new round of funding for expanding its presence internationally.

hr

Financial services industry compliance and regulatory software solution StarCompliance has received an undisclosed investment from Luminate Capital Partners. The company will use the investment proceeds for expanding product development initiatives.

hr

Human capital management software provider SyncHR has raised $16 million in a round of funding from New Enterprise Associates, Grayhawk Capital, and EPIC Ventures. The company will use the new round of funding for product development efforts.

infrastructure

Data center monitoring and cloud traffic solutions company Big Switch Networks has raised $30.7 million in a round of funding from Dell Technologies Capital, Silverlake Waterman, Index Ventures, Morgenthaler Ventures, Khosla Ventures, and Intel Capital. The company will use the funding for expanding sales efforts.

infrastructure

Software-defined infrastructure solutions provider Hive-IO has acquired Software-Defined Storage company Atlantis Computing. The acquisition will provide Hive-IO with an expanded VDI deployment offering. Terms of the deal were not disclosed.

security

UK-based authentication and fraud analytics company Callsign has raised $35 million in Series A funding led by Accel Partners with participation from PTB Ventures. The company will use the new round of funding for product development initiatives.

security

Cybersecurity startup Heureka Software has raised $1.8 million in a round of funding from Bridge Investments and NCT Ventures. The company will use the new round of funding for expanding headcount.

security

Australia-based cybersecurity startup FunCaptcha has raised $1 million in a round of funding from Sequoia Financial Group. The company will use the new round of funding for expanding its presence within the US.

software development tools

Enterprise-level software testing company Tricentis has acquired load-testing platform Flood IO. The acquisition will provide Tricentis with a strengthened load-testing offering for its existing software suite. Terms of the deal were not disclosed.

software development tools

Mobile game development API startup Megacool has raised $1.5 million in a round of funding from Alliance Venture. The company will use the new round of funding for product development initiatives before launching out of beta.

software development tools

Virtual testing software provider MultiMechanics has raised $1.9 million in a round of funding from Solvay Ventures and Anzu Partners. The company will use the new round of funding for expanding its engineering division.

business services

engineering consulting

IT solutions company Cast Group has acquired automation and control systems services company Logix Group. The acquisition will be complementary to Cast Group’s control and robotics service offerings. Terms of the deal were not disclosed.

healthcare consulting

Baird Capital has taken an undisclosed minority stake in UK-based Prescient Healthcare Group, a provider of consulting services to the biopharmaceutical sector. The company will use the investment proceeds for expanding its presence within the UK.

it consulting

App development and engineering services provider Avisun Computer Solutions has been acquired by Scintel Technologies. The acquisition will provide Scintel with expanded mobile development offerings. Terms of the deal were not disclosed.

it consulting

Salesforce Gold Consulting Partner Virsys12 has acquired systems implementation services provider CRM Advantage. The acquisition will provide Virsys12 with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

Contact center consulting and systems integration company DatapointEurope will be acquired by customer experience technology company Sabio for a reported $78.8 million. The acquisition will provide Sabio with an expanded international presence. Financial information was not disclosed.

it consulting

Italy-based IT systems integration company Lutech has been acquired by One Equity Partners. The acquisition will provide Lutech with the resources for expanding its presence within Western Europe. Terms of the deal were not disclosed.

it consulting

Cloud technology software development services company SoftTelecom has been acquired by mobile financial services provider Vipera. The acquisition will provide Vipera with an expanded point-of-sales system development offering. Terms of the deal were not disclosed.

training

Online leadership development programs provider ExecOnline has raised $16 million in Series B funding from NewSpring Growth Capital, Osage Venture Partners, and New Atlantic Ventures. The company will use the new round of funding for sales and marketing efforts.

training

France-based digital communications agency Concept Image has acquired computer graphics training company Syntheses. The acquisition will provide Concept Image with an expanded training modules offering. 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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