Columbia West Capital News - Southwest Deal Intelligence
04.23.13 Arizona Deal Intelligence - March 2013


This report is prepared as a courtesy to the Arizona 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  

3/5/2013 Tax Credit Co. acquired Incentives Advisors, LLC for an undisclosed amount. Incentives Advisors provides negotiation, compliance management, and screening services for a range of companies to capitalize on grants and incentive programs and is based in Mesa, Arizona.      

3/6/2013 Wired Real Estate Group Inc. acquired Applied Computer Research, Inc. for an undisclosed amount. Applied Computer Research engages in publishing directories of computer executive database of information technology executives and is based in Phoenix, Arizona.      

3/7/2013 ePrize, LLC acquired Bulbstorm, Inc. for an undisclosed amount. Bulbstorm operates a social engagement platform that allows brand owners to create interactive Web experiences that transform Facebook fans into brand advocates and is based in Phoenix, Arizona.      

3/8/2013 Spindle, Inc. acquired MeNetwork, Inc. for $10.8 million. Spindle provides mobile payment solutions for the banking industry, retail sector, and consumer-facing companies and is based in Scottsdale, Arizona.      

3/11/2013 First Solar, Inc. (NasdaqGS:FSLR) acquired an unknown stake in Desertec Industrial Initiative. The terms of the transaction were not disclosed. First Solar provides solar energy solutions and is based in Tempe, Arizona.

3/14/2013 Larry H. Miller Corporation acquired four Tucson auto dealerships from Avondale Auto Group for an undisclosed amount. Avondale Auto Group operates as an automotive dealer and is based in Avondale, Arizona.      

3/22/2013 Scientific Technologies Corporation acquired KL Crane & Associates and MD EMR Systems. The terms of the transaction were not disclosed. Scientific Technologies Corporation develops, implements, and supports domain and information technology solutions for addressing the problems of public health programs and is based in Tucson, Arizona.      

3/25/2013 AudioEye, Inc. acquired AudioEye Acquisition Corporation. The terms of the transaction were not disclosed. AudioEye focuses on creating voice driven technologies to improve the mobility, usability, and accessibility of Internet based content and is based in Tucson, Arizona.    

M&A - Financial

3/25/2013 A group of investors acquired Citation Technologies Inc. for an undisclosed amount. The company will operate under a new name, Citation Global, Inc. Citation Global offers the Citation Compliance Suite, a solution to manage compliance needs, and is based in Scottsdale, Arizona.       

Private Placements

3/20/2013 SynCardia Systems, Inc. received $19.0 million in a round of funding led by Athyrium Capital Management. SynCardia Systems manufactures artificial hearts and is based in Tucson, Arizona.        

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