Private Equity
Kahala Brands has acquired Santa Monica, California-based frozen yogurt brand Pinkberry. No financial terms were disclosed. Pinkberry was backed by Maveron.
3 min read · 15 December 2015
The Hudson’s Bay Co. is near a deal to buy Gilt Groupe Inc. for about $250 million, according to the Wall Street Journal. The sale price is a fraction of the $1.1 billion value that venture capitalists placed on Gilt in 2011, the story said. Gilt, a pioneer of flash sales, has raised about $280 million in capital since 2007, the WSJ said.
1 min read · 15 December 2015
Alibaba Group Holding Ltd has agreed to pay HK$2.06 billion ($265.8 million) to acquire Hong Kong's flagship English-language newspaper the South China Morning Post (SCMP), Reuters News reported.
1 min read · 14 December 2015
Yummly has acquired San Francisco-based The Orange Chef, a smart nutrition scale developer. No financial terms were disclosed. Also, Yummy has named Santiago Merea as its first chief revenue officer. Previously, Merea was CEO and founder of Orange Chef. Yummly is backed by Bauer Venture Partners, Physic Ventures, Unilever Corporate Ventures, First Round Capital, Harrison Metal Capital and Intel Capital. The Orange Chef's backers included Melo7 Tech Partners, Google Ventures, SparkLabs Global Ventures, Bertelsmann Digital Media Investments, Kima Ventures, The Social+Capital Partnership and Graph Ventures.
3 min read · 11 December 2015
TransUnion has acquired Cork, Ireland-based fraud protection startup Trustev. No financial terms were disclosed. Trustev's backers included Notion Capital.
3 min read · 11 December 2015
Tel Aviv-based SimilarWeb, which raised a $25 million late-stage round in October, has agreed to purchase VC-backed mobile analytics startup Quettra for about $10 million. Mountain View, Calif.-based Quettra had raised $2.9 million in funding from Google Ventures, Horizons Ventures, Miramar Venture Partners, SV Angel, CrunchFund and Data Collective, according to data from Thomson Reuters. The company was founded two years ago by former Google Play exec Ankit Jain.
1 min read · 10 December 2015
IBM has acquired Duluth, Georgia-based Clearleap Inc, a provider of cloud-based video services. No financial terms were disclosed. Clearleap was backed by Susquehanna Growth Equity, Trinity Ventures and Noro-Moseley.
4 min read · 09 December 2015
Walt Disney Co (DIS.N) is doubling its stake in youth-focused digital media company Vice Media to $400 million, Reuters News reported.
1 min read · 09 December 2015
Rise Interactive has acquired Chicago-based SimpleRelevance, a platform that personalizes marketing messages using machine learning. No financial terms were disclosed. SimpleRelevance was backed by Pritzker Group Venture Capital, Chicago Ventures, Garland Capital Group and Hyde Park Angels.
3 min read · 08 December 2015
Consumer health enterprise platform Welltok has raised $45 million in funding. The investors included Georgian Partners, EDBI and Flare Capital Partners. Also, Welltok has acquired Silverlink, a healthcare consumer communications company. No financial terms were disclosed.
3 min read · 03 December 2015
