Private Equity
Palladium Equity Partners LLC has agreed to sell Pronto Holdco LLC, the parent company of Pronto Insurance, to Risk Placement Services Inc., a unit of Arthur J. Gallagher & Co. No financial terms were disclosed. William Blair & Company was financial adviser to Pronto on the deal. Pronto is a provider of personal automobile insurance for consumers throughout Texas, California and Florida, with a special focus on serving the Hispanic community.
3 min read · 10 May 2018
Hatton Consulting has acquired a majority stake in Quantvex, a tech startup focused on digital engagement for the wealth management industry. No financial terms were disclosed. Quantvex's backers include Fika Ventures.
2 min read · 03 May 2018
Cisco is planning on acquiring Los Altos, California-based Accompany, a relationship intelligence platform. The price of the acquisition will be $270 million in cash and stock. Accompany's backers include Ignition Venture Partners, Cowboy Ventures and CRV.
2 min read · 02 May 2018
Marketo has acquired Bizible, a provider of marketing performance management software. No financial terms were disclosed. Bizible's backers included Scale Venture Partners, Madrona Venture Partners, MHS Capital and Investment Group of Santa Barbara.
3 min read · 01 May 2018
B2B marketing analytics companies Radius and Leadspace are merging. No financial terms were disclosed. Both companies will unite under the Radius brand. Also, Doug Bewsher, CEO of Leadspace, will become CEO of the combined company while Darian Shirazi, founder of Radius, has been named executive chairman. Radius is backed by 8VC, BlueRun Ventures, Founders Fund and Salesforce Ventures while Leadspace is backed by Jerusalem Venture Partners and Arrowroot Capital.
4 min read · 01 May 2018
ServiceNow (NYSE: NOW) has agreed to acquire VendorHawk, a Seattle, Washington-based software-as-a-service vendor management platform. No financial terms were released for the all-cash deal, which is expected to close this month. ServiceNow, a Santa Clara, California-based enterprise information technology solutions provider, said the buy will help expand its capabilities in software asset management. Founded in 2015, VendorHawk last year raised US$1.2 million in a seed-stage financing led by Canadian venture capital firm iNovia Capital.
3 min read · 25 April 2018
Ardian has agreed to sell Kallista Energy Investment to Boralex. Financial terms weren't announced. Kallista, of Paris, is a producer of wind energy.
3 min read · 20 April 2018
Coinbase has acquired Earn.com, according to a blog post. Balaji Srinivasan, Earn.com’s co-founder and CEO, is joining Coinbase as chief technology officer. Earn.com lets senders use cryptocurrency to pay users when replying to emails or completing tasks. CNBC.com pegged the sale at $100 million.
1 min read · 16 April 2018
6sense has acquired Los Altos, California-based ZenIQ, a B2B marketing platform provider. No financial terms were disclosed. ZenIQ's backers included Costanoa Ventures and Salesforce Ventures.
6 min read · 11 April 2018
Roche Holdings, which is backed by Versant Ventures, has acquired the Inception 5 program. No financial terms were disclosed. Inception is focused on regenerative therapies for multiple sclerosis.
3 min read · 04 April 2018
