Columbia West Capital News - Southwest Deal Intelligence
04.22.13 Utah Deal Intelligence - March 2013


This report is prepared as a courtesy to the Utah business community by Columbia West Capital based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to ensure is included and credit attributed to appropriate advisors. Also, feel free to forward to others who may have interest; they can be added to the regular distribution by contacting our office. Our contact information is below.                        

M&A - Strategic  

3/11/2013 Franklin Covey Client Sales, Inc. acquired the remaining 90% stake in NinetyFive 5 LLC for $12.7 million. Franklin Covey Client Sales operates as a subsidiary of Franklin Covey Co. and is based in Salt Lake City, Utah. Franklin Covey Co. provides training and consulting solutions to address leadership, execution, productivity, trust, customer loyalty, sales performance, and education problems worldwide. Dorsey & Whitney LLP served as legal advisor to Franklin Covey Client Sales.        

3/14/2013 Huntsman Corporation (NYSE:HUN) acquired 20% of Nippon Aqua Co., Ltd. The terms of this transaction were not disclosed. Huntsman Corporation and its subsidiaries engage in the manufacture and sale of differentiated organic and inorganic chemical products worldwide and is based in Salt Lake City, Utah.

3/14/2013 Larry H. Miller Corporation acquired four Tucson auto dealerships from Avondale Auto Group. The terms of this transaction were not disclosed. Larry H. Miller Corporation operates a network of automobile dealerships in Utah, Idaho, Oregon, Colorado, Arizona, and New Mexico and is based in Sandy, Utah.

3/18/2013 Fusion-io, Inc. (NYSE:FIO) acquired ID7. The terms of the transaction were not disclosed. Fusion-io engages in the development, marketing, and sale of storage memory platforms for enterprise data decentralization primarily in the United States and is based in Salt Lake City, Utah.      

Private Placements  

3/5/2013 Summit Training Source, Inc. announced that it has received funding from DW Healthcare Partners and Health & Safety Institute. The terms of the transaction were not disclosed. DW Healthcare is a private equity and venture capital firm specializing in growth capital, acquisition transactions, buyouts, add-on acquisitions, middle stage, mature, and late stage healthcare companies and is based in Park City, Utah.        

3/11/2013 Domo, Inc. announced that it has received $60.0 million in its series B round of funding led by GGV Capital with participation by Mercato Partners and BYU Cougar Capital. Domo provides an executive management platform as a software-as-a-service solution for managers and executives to run their business. Mercato Partners is a venture capital firm specializing in growth capital and late stage investments and is based in Salt Lake City, Utah. BYU Cougar Capital is the private equity and venture capital arm of Marriott School Of Management, Brigham Young University and is based in Provo, Utah.     

For submissions, please contact Jordan Nelson at jnelson@columbiawestcap.com.