Daily Deal Activity 08/09/17

Digital Media/Commerce

ecommerce

Online sports retail company Fanatics has raised $1 billion at a reported valuation of $4.5 billion in a round of funding from SoftBank. The company will use the new round of funding for challenging main competitor Amazon.

ecommerce

Germany-based Pflegix, a provider of on-demand care services, has acquired competitor HelloCare. The acquisition will provide Pflegix with an expanded presence within Europe. Terms of the deal were not disclosed.

ecommerce

Direct-to-consumer shoes company Rothy’s has raised $7 million in a round of funding from Lightspeed Venture Partners. The company will use the new round of funding for expanding its presence geographically.

ecommerce

Direct-to-consumer children’s activewear brand Super Heroic has raised $7 million in a round of funding from Accel Partners and Playground Ventures. The company will use the new round of funding for expanding operations.

gaming

France-based video games publisher Eden Games will be acquired by Millennial Esports Corp. in a transaction valuing the company at $11 million. The acquisition will provide Millennial Esports with an expanded portfolio of gaming titles. Financial information was not disclosed.

gaming

Gaming studio Super Evil Megacorp has raised $19 million in a round of funding from undisclosed investors. The company has raised $63 million to date and will use the investment proceeds for expanding operations.

social media/apps

Golf mobile application and media company Swing by Swing Golf has acquired golfing social media application gottaGOLF. The acquisition will provide Swing by Swing with an expanded user base. Terms of the deal were not disclosed.

marketing Technology

analytics & targeting

Behavioral analytics and insights company Evergage has raised $10 million in a round of funding led by Arrowroot Capital with participation from G20 Ventures. The company will use the new round of funding for expanding its marketing and sales divisions.

analytics & targeting

Content engagement analytics company Parse.ly has raised $6.8 million in a round of funding led by Grotech Ventures and Blumberg Capital with participation from Felton Group. The company will use the new round of funding for expanding its customer base.

commerce management, crm

Ride hailing app Go-Jek will acquire Indonesia-based event management and ticketing platform Loket. The acquisition will provide Go-Jek with an entrance into the live events space. Terms of the deal were not disclosed.

crm

User engagement and customer relationship management software Appboy has raised $50 million in Series D funding Battery Ventures and Iconiq Capital. The company will use the new round of funding for expanding headcount.

media management system

SaaS-based rights management solution FilmTrack has raised $5.5 million in a round of funding from Insight Venture Partners. The company will use the new round of funding for product development initiatives.

mrm/workflow managment

Amateur sports management company TeamSnap has acquired youth sports organization platform Korrio. The acquisition will provide TeamSnap with an expanded coordination offering for its platform. Terms of the deal were not disclosed.

mrm/workflow managment

Audio and voice products and services marketplace Voices.com has acquired casting and project management workflow platform Voicebank.net. The acquisition will provide Voices.com with an expanded client base. Terms of the deal were not disclosed.

agency & marketing services

digital agency

Digital advertising and marketing agency Breakfast at 12 has been acquired by Workhorse Marketing. The acquisition will provide Workhorse with an expanded geographic presence. Terms of the deal were not disclosed.

digital agency

Creative and digital marketing solutions company Wire Stone has been acquired by Accenture. The acquisition will see Wire Stone integrated into Accenture Interactive. Terms of the deal were not disclosed.

healthcare agency

MTS Health Investors has sponsored a majority recapitalization of Medical Knowledge Group, an analytics-driven and technology-enabled multi-channel healthcare marketing and communication services provider focused on the biopharmaceutical industry. The transaction coincides with MTS’s investment strategy of acquiring market leaders in targeted healthcare industry sectors. Sellers include CIVC Partners. Terms of the deal were not disclosed.

promotion agency, retail services

Advantage Solutions has acquired Brand Connections, an independent consumer promotions, retail marketing, and shopper marketing services company, from Veronis Suhler Stevenson. Financial information was not disclosed.

specialty agency

China-based radio advertising firm Yuanyu Radio has raised $90 million in a round of funding from Olympus Capital and UOB Venture Management. The company will use the new round of funding for expanding its client base.

traditional media

entertainment media

Virtual reality content studio Here Be Dragons has raised $10 million in Series A funding from Discovery Communications and private investors. The company will use the new round of funding for expanding headcount.

ewspaper publishing

New Media Investment Group (NYSE:NEWM) will acquire select newspapers and related assets of Morris Publishing Group for $120 million. The acquisition will represent 3.5x – 4.5x Morris Publishing Group LTM adjusted EBITDA.

Software

big data

Predictive analytics and machine learning software Big Squid has raised $6 million in Series A funding led by Signal Peak Ventures with participation from Silverton Partners. The company will use the new round of funding for product development.

big data

Natural language processing and machine learning solutions provider ClearGraph has been acquired by Tableau Software (NYSE:DATA). The acquisition will provide Tableau with an expanded conversational interface offering. Terms of the deal were not disclosed.

credit/risk

UK-based open banking and compliance platform Railsbank has raised $1.2 million in a round of funding from Firestartr and Kima Ventures. The company will use the new round of funding for expanding its presence within Europe.

financial

SaaS-based online 401k planning platform Guideline has raised $15 million in a round of funding from Felicis Ventures. The company will use the new round of funding for expanding its marketing and sales divisions.

healthcare

Health technology company Buoy Health has raised $6.7 million in a round of funding from F-Prime Capital Partners and private investors. The company will use the new round of funding for scaling operations.

healthcare

Medication supply chain solutions company Swisslog Healthcare has acquired pharmacy automation solutions provider Talyst. The acquisition will provide Swisslog with an expanded offering for long-term care facilities. Terms of the deal were not disclosed.

security

Identity verification technology developer Socure has raised $13.9 million in a round of funding from Commerce Ventures, Flint Capital, Santander InnoVentures, and Two Sigma Ventures. The company will use the new round of funding for expanding sales initiatives.

business services

healthcare consulting

Non-medical home healthcare services provider Independence Healthcare Corp. has been acquired by One Equity Partners-backed All Metro Health Care. The acquisition will provide All Metro with an expanded geographic presence. Terms of the deal were not disclosed.

it consulting

Application and database management services company Data Intensity has been acquired by EQT Partners from Audax Private Equity. The acquisition will provide Data Intensity with resources for expanding its presence internationally. Terms of the deal were not disclosed.

it consulting

UK-based implementation and managed services firm Symphony Ventures has raised $4.6 million in a round of funding from Livingbridge. The company will use the new round of funding for expanding headcount.

staffing

Staffing solutions provider On Assignment has acquired clinical/scientific staffing services company StratAcuity Staffing Partners. The acquisition will provide On Assignment with an expanded presence within the biotechnology and pharmaceutical sectors. Terms of the deal were not disclosed.

training

Palamon Capital Partners will acquire postgraduate education and training services provider Business School24 from Il Sole for a reported $93.9 million. The acquisition will provide Business School24 with the resources for expanding its presence internationally. Financial information was 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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