ThinkEquity Says It Advised Peanut Labs Deal

A collection of big-name banks and boutique investment firms compete across Silicon Valley to provide financial advice to client companies planning to sell themselves, raise money, or buy. They normally try to stay out of the public eye to preserve trust and focus with clients. And in social gaming, they’ve been especially quiet.

However, ThinkEquity today disclosed that it had advised Peanut Labs in its acquisition earlier this fall by Research Now. After starting out as Xuqa, a social network, Peanut Labs has been a provider of surveys and other offers for social application developers on Facebook and online games for the last couple of years. ThinkEquity is an investment bank based in San Francisco.

We’ve previously heard that JP Morgan may have worked on Playfish’s sale to Electronic Arts last year, and that Allen & Co has advised Zynga on its various funding rounds (hiring managing director David Wehner in July to be its new chief financial officer). We’ve also heard from industry sources that Allen & Co has worked with other developers, as has Code Advisors and George Boutros from Frank Quattrone’s Qatalyst Partners.

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