BLPA’s Rearview Mirror: Mergers & Acquisitions Ending May 18th, 2014

BLPA’s Rearview Mirror:

Mergers & Acquisitions Ending May 18th, 2014

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The FCC got its way and has voted to go down a forked path:

  1. Net Neutrality for all, while at the same time–
  2. Providing a Fast Lane for content providers, such as Netflix.
Source:  Dancing with the Word.com
Lilac Bushes. Source: Dancing with the Word.com

Truthfully, I just don’t understand. Does Tom Wheeler, Chairman of the FCC, really think that he’s fooling anyone? This is in spite of the tech company consortium, including Amazon, Google and Yahoo!, that urged Wheeler to rethink his stance. If you want to know what you can do on this topic, go to http://consortiumnews.com/2014/05/14/the-net-neutrality-fight-heats-up/.

Meanwhile, the leaves are out on the trees, and the Dandelion and Bamboo Wars have begun. Each morning when I let the pugz out into the back yard, we are search and destroy missions for bamboo sprouts. They will grow four feet in a day, no joke. Each afternoon when I walk the pugz, we end our sojourn by hunting for dandelions and weeds.

When we moved to New Hampshire, our builder talked about how invasive the bamboo plant can be. We now have a grove of bamboo plants in the Back-40, commingling nicely with the poison ivy. In New Hampshire, you maintain your lawn and gardens protecting them from encroachment, and cede the remaining land to natural forces.

Finally, we have our first sighting of a blooming lilac bush, the New Hampshire state flower, of which there are literally hundreds of varieties. We’re enjoying the sweet scents.

Mergers & Acquisitions

[20 transactions]

Music

Beats Electronics acquired by Apple for $3.2b.

Financial Services

Mercury Payment Systems acquired by Vantiv for $1.6b.  Mercury Payment Solutions are embedded onto POS software applications, and was owned by SilverLake.

Media

Screenvision, a national leader in in-theater advertising, is being acquired by National Cinemedia for $375m.

LiveRamp, a leading service for onboarding customer data into digital marketing applications, is being acquired by Acxiom for $310m.

Online marketing resource, Adometry, is being acquired by Google.  Adometry  claims to be the leading provider of advanced marketing attribution and cross-channel optimization solutions for leading online brands.

Adchemy, a product search company and leader in e-commerce technology, is being acquired by WalmartLabs.

Apps

Kippt, which is a collaborative tool to save links, read articles, watch videos and share notes is being acquired by Coinbase.

Founded in Santiago Chile, and now in San Francisco, Los Angeles and New York City, Nixter, lets party seekers find nightlife events, buy tickets, and view RSVPs acquired by Skout.

Restaurant website builder, Appetas, is being acquired by Google.  The service integrates with social apps such as GrubHub, OpenTable, Foursquare and other services.

Blink, a Snapchat like messaging service, was acquired by Yahoo!

Software

Natural Language Processing company, Ginger Software, is being acquired by Intel.  Ginger is a platform that enables you to check grammar, reorder sentences.  It also has personal trainer and text reader functionalities.

Lettuce, a leading order management and inventory app for small businesses, is being acquired by Intuit for $30m.

Workforce optimization provider CallCopy Inc., which operates under the name Uptivity, is being acquired by InContact for $46m.  Uptivity provides speech and desktop analytics, desktop recording as well as quality, performance, workforce management and satisfaction surveys.  inContact is a leading provider of cloud contact center software and contact center agent optimization tools.

Discovery and Liberty Global are acquiring All3Media, maker of Skins and Midsomer Murders for $930m.  

Security

Cybersecurity firm, Wurldtech, is being acquired by General Electric.  Wurldtech works to protect “connected systems.”  According to its website, Wurldtech is a type of consulting firm, where it assesses, protects and certifies.

Services

Caring.com acquired by Bankrate for $54m.  Caring.com is a leading senior care resource for family caregivers seeking information and support as they care for aging parents, spouses and loved ones.

Connectivity

Syniverse, a leading provider of mobility solutions, announced that it will acquire Aicent a mobile connectivity infrastructure company, for $290m.  Aicent, a TL9000 certified organization, is the world’s largest multi-service IPX provider of data network services and solutions connecting to over 200 global mobile operators.

Ionia Corporation , an “internet of things” connectivity company, is being acquired by LogMeIn for $12m.  It will become part of Xively.

Storage

CitiStorage, a records storage company, is being acquired by Georgia-based Recall, an information management company, for $47m.

Medical

Bayer AG’s interventional division is being acquired by Boston Scientific for $415m.

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That’s it for now.

All the best,

Margaret Johns

Founder, BlueLake Partners, LLC

Affiliates:

SiVal_LogoJan Robertson

SiVal Advisors, LLC

Bic Stevens
Stevens Capital Advisors

Chartworth2Susan Woods and Vlad Harris

Chartworth

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Margaret Johns is the Founder and Chairman of BlueLake Partners, a boutique M&A investment bank based in the Greater Boston Area.  Prior to founding BlueLake she was an employee founder and Managing Director at Needham & Company where she worked in Corporate Finance in New York City and headed up its Boston office.  She now lives in Londonderry, New Hampshire with her husband, 16 year old step-daughter and three pugs.  When she’s not working with clients, FINRA or writing blogs she competes on the Granite State Penguins Masters Swim Team, skis, rides her bike or is out walking her pugs.

Content researched, edited and reviewed on a best efforts basis.

We make no claim to being comprehensive in our review, as the contents are companies and topics we, ourselves, find of interest.

This newsletter is currently being proofed by Dave Henshaw, which is much appreciated. Dave is my USMS swimming lane mate, and Granite State Penguin team-mate.  He is retired from MIT, where he used to produce and proof their annual financial report.  Exactly what we need.