Weekly Deal Report

closed 4/11/2023 via BusinessWire

Arch Capital Group Ltd., acquired Thimble Insurance Services

synopsis: Arch Insurance has acquired Thimble, a leading insurtech platform for small business customers and agents. Thimble enables small businesses to quickly get insurance coverage by the job, month or year using its app, website, or over the phone. The acquisition expands Arch’s suite of digital solutions for small business customers and brokers.
buyer: Arch Capital Group Ltd. (ACGL:$6,928.20)
Arch Capital Group Ltd. is a publicly listed Bermuda exempted company with approximately $15.6 billion in capital at Dec. 31, 2022. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. "
target: Thimble Insurance Services
Thimble helps small businesses acquire general and professional liability, business equipment, and other types of insurance coverage via a proprietary digital platform. Thimble works with a variety of carriers to bring the best digital insurance solutions to small businesses, brokers and agents.
price ($mm)
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closed 4/11/2023 via BusinessWire

Tangible Global, acquired Autto

synopsis: Tangible Global, a leading concierge legal services provider, announced the acquisition of AUTTO, a London, U.K. based no-code automation platform.
buyer: Tangible Global
Founded in 2015, Tangible delivers world-class legal services by combining legal delivery, technology, and workflow to enterprise customers and law firms. The company’s mission is to reimagine and revolutionize legal service delivery. "
target: Autto
Headquartered in London, U.K., AUTTO, a leading no-code automation platform, enables knowledge workers across legal, finance, HR, and operations to digitally transform their business processes using automated workflows, data tables, and integrations.
price ($mm)
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closed 4/11/2023 via PR Newswire

Wrapmate Inc., acquired Wrapify

synopsis: Wrapmate has completed a strategic, majority investment in Wrapify, a leader in measurable rideshare advertising and a three-time Inc. 5000 company. Together the two companies will leverage their operational synergies, technology platforms, and buying power to deliver more effectively for customers nationally.
buyer: Wrapmate Inc.
Wrapmate is a technology-driven managed marketplace that is reimagining the buy-and-sell experience in the vehicle graphics industry. With a network of 1,400+ local installation service providers, Wrapmate efficiently serves business owners, fleet managers, franchises, and consumers coast-to-coast. "
target: Wrapify
Wrapify is a performance-driven ad platform that helps brands create measurable advertising. Wrapify connects offline and online advertising channels that drive quantifiable results while putting cash back into the pockets of drivers.
price ($mm)
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closed 4/11/2023 via BusinessWire

DaySmart Software, acquired ReCPro Software

synopsis: DaySmart Software, a leading provider of vertically-focused business management software, announced the acquisition of R.C. Systems Inc. (a.k.a. ReCPro Software) and veteran provider of recreation management software based in Warren, MI.
buyer parent: LLR Partners
buyer: DaySmart Software
DaySmart Software is committed to providing SMB and enterprise clients tailored business management solutions to help them run and grow their businesses. Since 1999, DaySmart has offered vertically focused cloud-based applications and payment processing solutions to businesses of all sizes. "
target: ReCPro Software
Originally established in 1985, R.C. Systems, Inc. is a (C) Corporation in Michigan and a leading software solution provider in both the Recreation Management market as well as the Enterprise Resource Management market.
price ($mm)
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closed 4/11/2023 via BusinessWire

TrustCloud Inc merged with Branddocs Inc,

synopsis: Branddocs Inc, a prominent provider of secure digital transactions and video verification services, has announced it is acquiring TrustCloud Inc, the world's first choreographing platform for secure digital transactions.
buyer: Branddocs Inc
Branddocs is a prominent provider of secure digital transactions and video verification services. They offer a portfolio of B2B and SaaS video services that secure all digital transactions undertaken by the company, which directly benefits cybersecurity and the rights of digital consumers. "
target: TrustCloud Inc
TrustCloud is a secure digital transaction choreographer (SDTC) providing a range of services, including identity verification, authentication and authorization, encryption, digital signature verification, e-vaulting and e-archiving.
price ($mm)
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closed 4/11/2023 via BusinessWire

VideoVerse, acquired Reely.ai

synopsis: VideoVerse, a leading video-editing SaaS platform, announced its acquisition of Reely.ai, a prominent Esports AI-Powered content creation, and social media distribution company. This acquisition aims to enhance VideoVerse's existing capabilities and better serve its customers in the gaming and esports sectors.
buyer: VideoVerse
VideoVerse is a leading video-editing SaaS platform. VideoVerse has found an extremely strong product-market fit in serving enterprises across numerous industries - OTT players, broadcasters, sports clubs and leagues, marketing agencies, e-gaming platforms and more. "
target: Reely.ai
REELY leverages proprietary computer vision technology and artificial intelligence to identify, segment, and rate key events (highlights) in live streaming and stored VOD content.
price ($mm)
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closed 4/10/2023 via Company Press Release

Edanz Inc., acquired Scribendi.com

synopsis: M3, Inc. has announced the acquisition via its subsidiary Edanz Inc,. of Scribendi Inc., which provides global editing and proofreading services. Canada-based Scribendi owns an editing and proofreading platform with approximately 400 active freelancers and provides services to 28,000 clients annually.
buyer parent: M3, Inc.
buyer: Edanz Inc.
Edanz owns a freelance platform with approximately 500 top-class scientific and medical research professionals, supporting the drafting and editing of research papers mainly within the medical field. They are a globally leading company within English editing services for research papers. "
target: Scribendi.com
Canada-based Scribendi owns an editing and proofreading platform with approximately 400 active freelancers and provides services to 28,000 clients annually, including the global academic community, students, researchers, authors, companies, and individuals for whom English is a second language.
price ($mm)
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closed 4/10/2023 via GlobeNewswire

Xalles, acquired Appy Perks, Inc.

synopsis: Xalles Holdings Inc. has executed an acquisition agreement with Appy Perks, Inc. and completed the transaction to become a wholly owned subsidiary under Xalles Financial Services Inc. Appy Perks is a SaaS that will offer business rewards and incentives targeted to mobile users (IOS & Android) through a proprietary native app.
buyer: Xalles (OTCPK:XALL:$0.42)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: Appy Perks, Inc.
Appy Perks is a software as a service company (SaaS) that will offer business rewards and incentives targeted to mobile users (IOS & Android) through a proprietary native app. Users will have the opportunity to download the app for free through the App Store and Google Play.
price ($mm)
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closed 4/10/2023 via BNC Analysis

Yanolja Inc., acquired Innsoft Inc.

synopsis: Yanolja, South Korea’s leading accommodation platform, has acquired Innsoft, a leading provider of affordable and easy-to-use hospitality solutions. Innsoft provides straightforward, value-oriented hotel property management systems and website reservation systems capable of supporting properties with up to 350 rooms.
buyer: Yanolja Inc.
Yanolja is South Korea’s leading accommodation platform. They help people enjoy various leisure activities by providing space-based on-demand service. Their main business is to provide accommodation information, reservation platform, budget hotel franchise and travel contents. "
target: Innsoft Inc.
Innsoft is a leading provider of affordable and easy-to-use hospitality solutions. Innsoft provides straightforward, value-oriented hotel property management systems and website reservation systems capable of supporting properties with up to 350 rooms.
price ($mm)
$8.30
rev ($mm)
EBITDA ($mm)
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closed 5/4/2023 via GlobeNewswire

Lumina Datamatics, acquired diacriTech

synopsis: Lumina Datamatics, a strategic partner for publishers and eCommerce companies in India, has acquired diacriTech Technologies Private Limited, a leading publishing solutions and services company based in India. diacriTech's cloud-based publishing platform enables users to automate their publishing, lower costs, and drive sustainable growth.
buyer parent: Datamatics Global Services Ltd
buyer: Lumina Datamatics
Lumina Datamatics is a strategic partner for publishers and eCommerce companies in India. Lumina Datamatics provides intelligent solutions to digitally transform content and data processes. They help their clients improve their business competitiveness and achieve operational efficiencies. "
target: diacriTech
diacriTech is a leading publishing solutions and services company based in India. diacriTech offers practical tailored solutions to meet publisher requirements. Their cloud-based publishing platform enables users to automate their publishing, lower costs, and drive sustainable growth.
price ($mm)
$2.56
rev ($mm)
EBITDA ($mm)
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closed 4/7/2023 via BNC Analysis

CIPHR, acquired Marshall E-Learning Consultancy

synopsis: Marshall E-Learning has been acquired by ECI-backed, SaaS HR provider Ciphr. London-based Marshall E-Learning was founded as a specialist e-learning provider in diversity and inclusion e-learning. Joining forces gives Marshalls the scale to bring their diversity, inclusion, and unconscious bias training to a broader range of organisations.
buyer: CIPHR
Ciphr is a leading UK provider of cloud-based HR, payroll, recruitment and learning software that helps clients securely connect their people data across the whole organisation. Ciphr also offers fully integrated HR and payroll through Ciphr Payroll: powerful, reliable and scalable payroll software."
target: Marshall E-Learning Consultancy
Marshall E-Learning (Marshall) was founded as a specialist e-learning provider in diversity and inclusion e-learning. Marshall is London-based and has been serving clients globally for over 20 years with a library of over 50 courses, available to individuals or tailored for organizations.
price ($mm)
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announced 4/7/2023 via BNC Analysis

KFintech, will acquire WebileApps

synopsis: KFintech, a global investor and issuer solutions provider, will acquire WebileApps (India) Private Limited, an enterprise product development and design company in India. WebileApps helps companies turn their ideas into prototypes within 4 weeks. They offer services for web development, SAP development, product strategy, UI design, and more.
buyer: KFintech (NSEI:KFINTECH:$78.56)
KFintech is a global investor and issuer solutions provider. KFintech serves the mission-critical needs of asset managers. The company provides SaaS based end-to-end transaction management, channel management, compliance solutions, data analytics and various other digital services. "
target: WebileApps
WebileApps is an enterprise product development and design company in India. WebileApps helps innovative companies turn their ideas into prototypes within 4 weeks. They offer services for web development, SAP development, product strategy, UI design, and more.
price ($mm)
$1.34
rev ($mm)
EBITDA ($mm)
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closed 4/7/2023 via BNC Analysis

Imarticus Learning, acquired Hero Mindmine

synopsis: Imarticus Learning, a professional education firm in India, has acquired Hero Mindmine from Hero Group, an Indian group delivering outstanding products and services. Hero Mindmine is an Indian provider of training and development services. They offer services for learning strategy and deployment, performance consulting, lite learning, and more.
buyer: Imarticus Learning
Imarticus Learning is a leading professional education firm in India. Imarticus is dedicated to shaping the workforce of the future through their online training programs. They offer courses for finance, analytics, technology, marketing, and management. "
target parent: Hero MotoCorp
target: Hero Mindmine
Hero Mindmine is an Indian provider of training and development services. Hero Mindmine helps organizations and individuals in discovering and achieving their full potential. They offer services for learning strategy and deployment, performance consulting, lite learning, and more.
price ($mm)
$7.32
rev ($mm)
EBITDA ($mm)
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closed 4/7/2023 via BNC Analysis

Quest CDN, acquired Pantera Global Technology, Inc.

synopsis: Through its subsidiary QuestCDN, Byggfakta Group has acquired Pantera Global Technology, Inc. Pantera's offering focuses on procurements in the commercial construction sector. Pantera's SaaS platform tools include an Invitation to Bid (ITB) service and a subcontractor qualification service.
buyer parent: Stirling Square Capital Partners
buyer: Quest CDN
QuestCDN provides a SaaS-based bid management systems for the construction industry. The QuestCDN application is designed to digitize, automate, and effectively serve as the information channel between the owner and the entire bidding community. "
target: Pantera Global Technology, Inc.
Pantera Global Technology in a leading provider of software tools for the construction industry. Its industry-leading Pantera Tools platform helps construction professionals simplify their bids and workflow to maximize team productivity and communication.
price ($mm)
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.0x
EV / EBITDA
closed 4/7/2023 via BNC Analysis

Swagger Agency, acquired IDEAS Orlando

synopsis: Swagger Agency, a privately held marketing agency specializing in digital marketing, advertising, strategic planning, design, social media, film, and motion graphics, has acquired IDEAS, a brand and experience design company whose clients traditionally come from the worldwide healthcare, government, enterprise, and entertainment industries.
buyer: Swagger Agency
Swagger is a full-service creative marketing communications and advertising agency with a focus on people. Combining deep technical expertise with artistic talent, Swagger creates ideas, tactics, websites, ads, and more that speak to customers in ways they relate and react positively to. "
target: IDEAS Orlando
IDEAS is a a brand and experience design company. Their services include concept development, experience design, branding, training, media production, and mobile development for healthcare, government, enterprise, and entertainment clients worldwide.
price ($mm)
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closed 4/6/2023 via BNC Analysis

Pearl Comms, acquired Kinetic Communications

synopsis: Midlands-based Pearl Comms has acquired B2B technical PR specialist Kinetic Communications. Formed almost 20 years ago in Birmingham, Kinetic Communications provides integrated PR and marketing services to clients spanning a range of sectors including construction, logistics, IT, property, health and safety.
buyer: Pearl Comms
Pearl Comms is a UK-based PR agency that specialises in getting great results. From media relations, to social media and content marketing, Pearl Comms makes sure its campaigns stand out. "
target: Kinetic Communications
Based in the UK, Kinetic Communications specialises in helping businesses stand out and grow with affordable, guaranteed results. Kinetic provides integrated PR and marketing services to clients spanning a range of sectors including construction, logistics, IT, property, health and safety.
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closed 4/6/2023 via Company Press Release

ScalePad, acquired LifecycleInsights

synopsis: ScalePad, the premier provider of solutions Managed Service Providers (MSPs) use to effectively manage their clients’ infrastructure and improve their internal operations, announced the acquisition of Lifecycle Insights, a leading provider of a vCIO reporting tool, risk assessments, and asset lifecycle management solutions for MSPs.
buyer: ScalePad
ScalePad is an automated asset management platform in Canada. ScalePad equips IT service providers with data-driven insights to create a better technology experience for their clients. Their platform enables MSPs to improve and protect their clients' IT infrastructures. "
target: LifecycleInsights
Lifecycle Insights is a leading provider of a vCIO reporting tool, risk assessments, and asset lifecycle management solutions for managed service providers (MSPs).
price ($mm)
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closed 4/6/2023 via BNC Analysis

hy Co., Ltd, acquired Mesh Korea Co., Ltd.

synopsis: hy Co., one of the largest food companies in South Korea, has acquired a 66.7% stake in Mesh Korea, a logistics innovator in South Korea. Mesh Korea provides last-mile logistics services through their Vroong platform. Their online and mobile platform makes it easier for restaurants, retailers, and e-commerce companies to complete their deliveries.
buyer: hy Co., Ltd
hy is one of the largest food companies in South Korea. hy specializes in producing beverages and dairy products. Their products include fermented dairy products, milk, health drinks and supplements, and other health foods. "
target: Mesh Korea Co., Ltd.
Mesh Korea is a logistics innovator in South Korea. Mesh Korea provides premium last-mile logistics services through their Vroong platform. Their online and mobile platform makes it easier for restaurants, retailers, and e-commerce companies to complete their deliveries.
price ($mm)
$56*
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closed 4/6/2023 via BusinessWire

VettaFi LLC, acquired ROBO Global Index, LLC

synopsis: VettaFi, a data, analytics, digital distribution, and thought leadership company, has acquired the ROBO Global index suite. ROBO Global indexes focus on helping investors capture the unique opportunities of fast-growing robotics, artificial intelligence, and healthcare technology companies around the world.
buyer: VettaFi LLC
VettaFi is a data, analytics, indexing, digital distribution, and thought leadership company that helps asset managers solve their most pressing and complex challenges. "
target: ROBO Global Index, LLC
ROBO Global indexes focus on helping investors capture the unique opportunities of fast-growing robotics, artificial intelligence, and healthcare technology companies around the world. The suite includes the first benchmark indexes tracking the robotics and AI revolution for investors.
price ($mm)
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closed 4/6/2023 via PR Newswire

Axiata Digital Advertising, acquired dhiOmics

synopsis: Malaysia-based ADA, the largest digital growth partner in South and Southeast Asia, has acquired dhiOmics to launch its Global Data and AI delivery hub. dhiOmics is an Indian technology start-up operating with the aim to solve real world business problems using Machine Learning and Artificial Intelligence.
buyer parent: Axiata Group
buyer: Axiata Digital Advertising
Headquartered in Malaysia, ADA provides services that enable enterprises and brands to drive topline growth through digital marketing and sales transformation across Asia. It operates three data-driven service segments: marketing solutions, ecommerce solutions, and customer engagement solutions. "
target: dhiOmics
Headquartered in India, dhiOmics is a technology start-up operating with the aim to solve real world business problems using Machine Learning and Artificial Intelligence. dhiOmics enables business leaders across Fortune 500 companies in multiple verticals to make data driven decisions.
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Weekly Deal Report


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Thimble Insurance Services

Autto

Wrapify

ReCPro Software

TrustCloud Inc

Reely.ai

Scribendi.com

Appy Perks, Inc.

Innsoft Inc.

diacriTech

Marshall E-Learning Consultancy

WebileApps

Hero Mindmine

Pantera Global Technology, Inc.

IDEAS Orlando

Kinetic Communications

LifecycleInsights

Mesh Korea Co., Ltd.

ROBO Global Index, LLC

dhiOmics

Geography
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