Columbia West Capital News - Southwest Deal Intelligence
05.23.13 Arizona Deal Intelligence - April 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  

4/1/2013 Cellco Partnership, Inc. acquired Mohave Cellular Limited Partnership for an undisclosed amount. Mohave Cellular provides wireless communications and is based in Kingman, Arizona.        

4/4/2013 Co-Sales Company acquired KCBS for an undisclosed amount. Co-Sales Company operates as a grocery broker and is based in Phoenix, Arizona.        

4/5/2013 First Scottsdale Bank, NA agreed to acquire Gold Canyon Bank (OTCPK:GCYO) for an undisclosed amount. First Scottsdale Bank provides banking services to Scottsdale area small to mid-size businesses and is based in Scottsdale, Arizona. 

4/8/2013 MEDNAX, Inc. (NYSE:MD) acquired Neonatology Associates, Ltd. for an undisclosed amount. Neonatology Associates is an independent physician practice company, which provides multi-leveled neonatal services for sick newborns and is based in Phoenix, Arizona.                         

4/9/2013 First Solar, Inc. (NasdaqGS:FSLR) agreed to acquire TetraSun Inc. for an undisclosed amount. First Solar provides solar energy solutions and is based in Tempe, Arizona.        

4/11/2013 Asahi Net International, Inc. acquired the Sakai Division of The rSmart Group, Inc. for an undisclosed amount. The Sakai Division of The rSmart Group comprises an online enterprise application that offers support for teaching and learning, project collaboration, and group interaction. The Sakai division of The rSmart Group is based in Tempe, Arizona.        

4/25/2013 Inventure Foods, Inc. (NasdaqGM:SNAK) acquired the berry processing business of Willamette Valley Fruit Company, LLC for an undisclosed amount. Inventure Foods manufactures and markets healthy, natural, and indulgent specialty snack food products and is based in Phoenix, Arizona.        

4/28/2013 Capstone Mining Corp. agreed to acquire the Pinto Valley Mining Operation and San Manuel Arizona Railroad from BHP Copper Inc. for $650.0 million. Pinto Valley Mining Operation comprises copper mining operations near Globe, Arizona. Polsinelli PC and Cleary Gottlieb Steen & Hamilton are serving as legal advisors to BHP Copper. Blake, Cassels & Graydon LLP is serving as legal advisor to Capstone Mining.        

4/29/2013 Canam Steel Corporation acquired steel joist fabrication assets from Quincy Joist Company for an undisclosed amount. Quincy Joist Company produces steel joist fabrications and is based in Buckeye, Arizona.        

4/30/2013 Solü Technology Partners acquired Technology Staffing Solutions, LLC for an undisclosed amount. Technology Staffing Solutions offers IT staffing and recruiting services and is based in Scottsdale, Arizona.    

M&A - Financial

4/16/2013 ACP Axos Capital GmbH and Najafi Companies acquired a 75% stake in Post and Telecommunications of Kosovo J.S.C. (PTK) for $363.9 million. Najafi Companies is a private equity firm specializing in recapitalizations, acquisitions, and growth capital investments in established businesses and is based in Phoenix, Arizona.       

Private Placements

4/9/2013 AppsFreedom, Inc. announced that it has received an undisclosed amount of funding from Grayhawk Capital, LLC. AppsFreedom provides cloud-based mobile solutions to enterprises and is based in Chandler, Arizona. Grayhawk Capital is a private equity and venture capital firm and is based in Phoenix, Arizona.        

4/9/2013 Simpleview, Inc. announced that it has received an undisclosed amount of funding from new investor Ridgemont Equity Partners. Simpleview provides destination marketing solutions for large and small destination marketing organizations and is based in Tucson, Arizona.        

4/10/2013 Provista Diagnostics Inc. announced that it has received $6.0 million in funding. Provista Diagnostics develops blood-based diagnostic tests for early oncology-related disease recognition and detection. Provista Diagnostics is based in Phoenix, Arizona.       

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