Columbia West Capital News - Southwest Deal Intelligence
09.19.13 Arizona Deal Intelligence - August 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  

8/5/2013 First Solar, Inc. (NasdaqGS:FSLR) acquired thin-film Solar Panel technology and related R&D resources from General Electric Company (NYSE:GE) for $83.8 million. First Solar is a provider of solar energy solutions and is based in Tempe, Arizona. Cravath, Swaine & Moore LLP served as legal advisor to First Solar.

8/5/2013 Renaissance Sports and Entertainment Group acquired Phoenix Coyotes Hockey Club from National Hockey League, L.P. for $170.0 million. Phoenix Coyotes operates as a national hockey league team and is based in Glendale, Arizona. Skadden Arps, Slate, Meagher & Flom, L.L.P. served as legal advisor to National Hockey League.

8/6/2013 Swift Transportation Company (NYSE:SWFT) acquired Central Refrigerated Service, Inc. for $225.0 million. Swift Trucking operates as a multi-faceted transportation services company and is based in Phoenix, Arizona. Snell & Wilmer served as legal advisor to Swift Transportation.

8/6/2013 First Solar, Inc. (NasdaqGS:FSLR) acquired a 1.5 GW pipeline of U.S. and Mexico development assets from Element Power US, LLC. The terms of the transaction were not disclosed. First Solar is a provider of solar energy solutions and is based in Tempe, Arizona.

8/7/2013 Sun Orchard, Inc. acquired 4U2U Brands, LLC. The terms of the transaction were not disclosed. Sun Orchard produces and supplies citrus juices and other beverages to food service customers and is based in Tempe, Arizona.

8/11/2013 InfoArmor, Inc. acquired Aggra, Inc. (dba PwnedList). The terms of the transaction were not disclosed. InfoArmor offers identity protection and privacy management solutions to businesses and is based in Scottsdale, Arizona. Snell & Wilmer served as legal advisor to InfoArmor.

8/12/2013 Revana Inc. acquired WebMetro for $21.7 million. Revana provides integrated sales and marketing solutions and is based in Tempe, Arizona.

8/19/2013 The Go Daddy Group, Inc. acquired Locu, Inc. for $70.0 million. The Go Daddy Group provides domain name registration and web hosting services and is based in Scottsdale, Arizona.

8/19/2013 Adreima, Inc. acquired Optimum Outcomes, Inc. The terms of the transaction were not disclosed. Adreima provides Medicaid eligibility and revenue cycle management services and is based in Phoenix, Arizona.

8/23/2013 Stewart Precision Manufacturing, Inc. acquired the assets of C.G. Tech, Inc. (now known as NCH Investments, Inc.). The terms of the transaction were not disclosed. Stewart Precision and C.G. Tech are Phoenix, Arizona-based manufacturers in the aerospace and medical device industries. Jennings, Strouss & Salmon, PLC served as legal advisor to Stewart Precision.

8/23/2013 First Fidelity Bank, NA acquired Sunrise Bank of Arizona. The terms of the transaction were not disclosed. Sunrise Bank provides various banking and financial services and is based in Phoenix, Arizona.

8/23/2013 Madison 51 LLC acquired Albacore Holdings LLC from Thornwood Furniture Manufacturing, Inc. for $10.0 million. Albacore Holdings operates as a holding company and is based in Phoenix, Arizona. Thornwood Furniture engages in the design, manufacture and marketing of home and office furniture and is based in Phoenix, Arizona. Schian Walker, P.L.C. served as legal advisor to Thornwood.

8/26/2013 VIA International, Inc. acquired Cyber Sound & Security Inc. The terms of the transaction were not disclosed. Cyber Sound provides audio, video automation, IT and electrical services and is based in Scottsdale, Arizona.

8/27/2013 AssuredPartners, Inc. acquired Golseth & Gregson Insurance Services, Inc. The terms of the transaction were not disclosed. Golseth & Gregson (dba GBP Risk Solutions) operates as an insurance agency and is based in Tucson, Arizona.

8/31/2013 Machine Solutions Inc. acquired Engineering and Research Associates, Inc. The terms of the transaction were not disclosed. Engineering and Research Associates (dba VANTE) designs and manufactures medical device manufacturing systems and is based in Tucson, Arizona. Machine Solutions supplies process and testing equipment for the medical device industry and is based in Flagstaff, Arizona.

M&A - Financial

8/19/2013 The Delavaco Group acquired Kahala Corp. (OTCPK:KAHL). The terms of the transaction were not disclosed. Kahala engages in the franchising, development and marketing of quick-service restaurants and is based in Scottsdale, Arizona.

8/27/2013 Estancia Capital Management LLC acquired Sustainable Growth Advisers, L.P. The terms of the transaction were not disclosed. Estancia Capital is a lower middle market private equity firm and is based in Scottsdale, Arizona.

8/27/2013 Brazos Private Equity Partners, LLC acquired Eberle Design Inc. The terms of the transaction were not disclosed. Eberle Design develops, manufactures and distributes traffic control products and is based in Phoenix, Arizona.

Private Placements

8/6/2013 ClearDATA Networks, Inc. received $7.0 million in its series B round of funding led by Excel Venture Management. ClearDATA is a provider of cloud computing and information security services and is based in Phoenix, Arizona.

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