Columbia West Capital News - Southwest Deal Intelligence
12.18.13 Arizona Deal Intelligence - November 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

11/1/2013 Signature Technology Group, Inc. acquired the customer support services division of GlassHouse Technologies, Inc. The terms of the transaction were not disclosed. Signature Technology provides consultancy and outsourced services and is based in Phoenix, Arizona.        

11/4/2013 PING, Inc. acquired Ping Collection Europe (PCE) from Peter McGuigan, its former licensee. The terms of the transaction were not disclosed. PING engages in the design, manufacture and sale of golf equipment and is based in Phoenix, Arizona.        

11/8/2013 Inventure Foods, Inc. (NasdaqGM: SNAK) acquired substantially all of the assets of Fresh Frozen Foods, LLC. Inventure Foods markets and manufactures specialty food and is based in Phoenix, Arizona. Osborn Maledon, P.A. served as legal advisor to Inventure Foods.        

11/12/2013 FlipChip International, LLC acquired Millennium Microtech (Shanghai) Co., Ltd. The terms of the transaction were not disclosed. FlipChip operates as a merchant supplier of advanced wafer level packaging solutions and is based in Phoenix, Arizona.

11/21/2013 Microchip Technology Inc. (NasdaqGS:MCHP) acquired EqcoLogic NV. The terms of the transaction were not disclosed. Microchip engages in developing, manufacturing and selling semiconductor products for embedded control applications and is based in Scottsdale, Arizona.                                   

M&A - Financial

11/4/2013 The Riverside Company acquired Paradigm Tax Group, LLC. The terms of the transaction were not disclosed. Paradigm Tax provides outsourced property tax management services to commercial property owners and is based in Phoenix, Arizona.  

Private Placements  

11/5/2013 Betable Limited will receive $18.5 million of Series A funding from a group of investors including Venture51 Capital Fund LLP. Venture 51 is an early-stage venture capital firm and is based in Phoenix, Arizona.        

11/25/2013 Level 4 Funding LLC will receive $20.0 million in convertible debt funding. Level 4 operates as a short term hard money funding company and is based in Phoenix, Arizona.     

Other Transactions

11/8/2013 Inventure Foods, Inc. (NasdaqGM: SNAK) entered into a new senior secured credit facility with a syndicate of lenders led by U.S. Bank National Association. Inventure Foods markets and manufactures specialty food and is based in Phoenix, Arizona. Osborn Maledon, P.A. served as legal advisor to Inventure Foods.  

11/25/2013 Sprouts Farmers Market, Inc. (NasdaqGS:SFM) raised $723.7 million in a follow-on equity offering. Sprouts engages in the retailing of natural and organic food and is based in Phoenix, Arizona. Weiss Brown served as legal advisor to the selling stockholders in connection with the offering.       

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