Trade Sale

Kakao feeds on Radish and Tapas
Kakao has agreed to acquire portfolio companies Tapas, for $510m, and Radish, for $440m, as it looks to strengthen its recently merged entertainment subsidiary.
Bill.com decides on $2.5bn Divvy acquisition
Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.
Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
Zynga gets Chartboost in $250m deal
The SK Telecom-backed app advertising and monetisation service provider is set to be bought by Zynga following $21m of venture funding.
Better Collective to buy Action Network
The Chernin Group is set to exit the sports betting news platform provider it extablished four years ago, in a $240m acquisition deal.
Nuvei sends $250m for Simplex acquisition
Bitmain and DRW subsidiary Cumberland Mining are set to exit the crypto finance software provider five years after their investment.
Daily Deal Round Up: May 6, 2021
Opioid addiction care provider Groups Recover Together and healthcare management platform developer Vim each raised $60m, with Optum Ventures backing both rounds.
BitGo to enter Galaxy in $1.2bn acquisition
BitFury is set to exit the crypto wallet developer through a cash-and-stock acquisition by another investor, Galaxy Digital Holdings.

Other News

Kahoot to spend big on Clever acquisition
GV is set to exit educational software portal developer Clever in a purchase by Kahoot set to be sized between $435m and $500m.
R1 RCM buys VisitPay for $300m
Intermountain Healthcare, Inova Health System, Ascension Ventures and St Luke’s Health System are all set to exit the medical payment software producer.
Daily Deal Round Up: May 5, 2021
SoftBank Vision Fund led a $75m round valuing OKR platform developer WorkBoard at $800m while therapist network provider Headway hit a $750m valuation.
Inivata inspires $390m acquisition
NeoGenomics has agreed to buy portfolio company Inivata, a liquid biopsy platform developer, a year after it invested $25m.
Daily Deal Round Up: May 4, 2021
Solidia Technologies, Kelun Biotech and Doer Biologics all raised more than $70m while Sony added cash to a round valuing Discord at $7bn.
Mobvista wins Reyun in $232m deal
Fosun is set to exit the mobile data-monitoring platform developer in an acqusition by Mobvista that will follow $36m of funding.

Editor's Picks

Bill.com decides on $2.5bn Divvy acquisition
Hanaco and PayPal are set to exit Divvy, a provider of corporate spend management software, at a 56% premium to the valuation at which they invested in January.
Valmont to harvest Prospera in $300m deal
Tekfen Ventures, Cisco Investments and Qualcomm Ventures are set to exit the crop monitoring technology developer later this year in a deal with Valmont Industries.
MessageBird's series C mushrooms to $1bn
Bonnier was among the investors that added $800m to the marketing technology provider's latest round, with $600m funding its purchase of SparkPost.
Okta organises $6.5bn Auth0 acquisition
Salesforce Ventures, NTT Docomo Ventures, DTCP and Telstra Ventures are set to exit the authentication technology developer in an all-stock transaction.
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