Private Equity
Google has acquired 60dB, a curator and streamer of short-form audio news, the latter announced in a blog post on its site. No financial terms were disclosed. 60dB will be shutting down on November 10, 2017 and its team will join Google. 60dB's backers included Khosla Ventures.
1 min read · 11 October 2017
Avizia has acquired Seattle-based Carena, a virtual care provider. No financial terms were disclosed. Carena's backers included Cambia Health Solutions, McKesson Ventures and Catholic Health Initiatives.
3 min read · 10 October 2017
Ace Hardware Corp has acquired a majority stake in Massachusetts-based The Grommet, an ecommerce startup. No financial terms were disclosed. According to Crunchbase, The Grommet's backers included Rakuten and LaunchCapital.
3 min read · 05 October 2017
Boston Scientific Corp has agreed to acquire Campbell-California-based medical device firm Apama Medical Inc for $300 million, which includes $175 million in cash upfront. Apama's backers included Ascension Ventures, Medvance Incubator Partners, ONSET Ventures and Incept.
3 min read · 03 October 2017
StackCommerce has acquired San Francisco-based Joyus, an online first direct response video network for women. No financial terms were disclosed. Joyus' backers included Marker Capital, Interwest Partners, Accel Partners and Time Warner Investments.
3 min read · 02 October 2017
Varsity Tutors has acquired UK-based First Tutors, a tutoring marketplace. No financial terms were disclosed. Varsity Tutors' backers include Technology Crossover Ventures.
3 min read · 28 September 2017
Clubessential, which is backed by Battery Ventures, has acquired Rockville, Maryland-based PrestoSports Inc, a provider of athletic content management software to colleges and conference offices. No financial terms were disclosed.
3 min read · 28 September 2017
United Derm Partners, which is backed by Frazier Healthcare Partners, has acquired Texas-based Vitalogy Skincare, a provider of dermatology services. No financial terms were disclosed.
3 min read · 26 September 2017
SAP (SAPG.DE), Europe’s biggest technology company, has agreed to buy U.S.-Israeli customer identity software company Gigya to strengthen its position in the booming market for online customer relationship marketing, the company said on Sunday.
2 min read · 25 September 2017
U.S. growth equity firm Edison Partners said it has exited eSentire Inc, a Cambridge, Ontario-based managed cybersecurity solutions provider. The exit, the result of a reported US$100 million-plus investment by U.S. private equity firm Warburg Pincus, generated a "meaningful return and IRR," Edison said. Edison made an initial investment in eSentire in 2013 and co-led last year's US$19.5 million financing. While the firm was invested, eSentire showed 8x revenue growth. With the Warburg deal, scheduled to close this month, Edison said it will maintain a minority ownership position in the company.
3 min read · 19 September 2017
