Columbia West Capital News - Southwest Deal Intelligence
01.16.14 Arizona Deal Intelligence - December 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  

12/6/2013 US Airways Group, Inc. acquired American Airlines Group Inc. (NasdaqGS:AAL). US Airways stockholders will receive one share of common stock of the combined airline for each share of US Airways common stock, representing approximately 28% ownership of the new entity. US Airways provides air transportation for passengers and cargo and is based in Tempe, Arizona. Cadwalader, Wickersham & Taft LLP; O'Melveny & Myers, LLP; Latham & Watkins LLP; Davies Ward Phillips & Vineberg LLP; and Dechert LLP served as legal advisors to US Airways.        

12/12/2013 LifeLock, Inc. (NYSE:LOCK) acquired Lemon, Inc. for $42.6 million. LifeLock provides identity theft and fraud protection services and is based in Tempe, Arizona. Greenberg Traurig, LLP served as legal advisor to LifeLock.        

12/13/2013 Fortis Inc. agreed to acquire UNS Energy Corporation (UNS) for $2.5 billion in cash. UNS engages in the electric generation and energy delivery business and is based in Tucson, Arizona. Snell & Wilmer L.L.P. is serving as legal advisor to Fortis.        

12/13/2013 StateServ acquired HME Partners. The terms of the transaction were not disclosed. StateServ provides durable medical equipment to hospice providers and is based in Tempe, Arizona. May, Potenza, Baran & Gillespie, P.C. served as legal advisor to StateServ.        

12/17/2013 Discovery Air Inc. (TSX: DA.A, DA.DB.A), a specialty aviation company, completed the acquisition of Advanced Training Systems International, Inc., a U.S. airborne training services company based in Mesa, Arizona. The terms of the transaction were not disclosed. Osborn Maledon, P.A. served as legal advisor to Discovery Air.        

12/23/2013 Upland Software, Inc. acquired Clickability, Inc. for $12.7 million from Limelight Networks, Inc. (NasdaqGS:LLNW). Limelight Networks provides content delivery and related services and is based in Tempe, Arizona.        

12/30/2013 Avnet, Inc. (NYSE: AVT) acquired MSC Investoren Gmbh. The terms of the transaction were not disclosed. Avnet distributes electronic components, enterprise computer and storage products and is based in Phoenix, Arizona. Allen & Overy LLP served as legal advisor to Avnet.        

12/23/2013 Comstock Mortgage, LLC acquired CFS Mortgage Corporation. The terms of the transaction were not disclosed. CFS Mortgage operates as a mortgage banker that specializes in originating and closing home loans for home buyers in Arizona and Southern California and is based in Phoenix, Arizona.        

12/30/2013 DxNA, LLC acquired PathoGene, LLC. The terms of the transaction were not disclosed. PathoGene develops molecular diagnostic tests for infectious diseases. PathoGene is based in Flagstaff, Arizona. Osborn Maledon, P.A. served as legal advisor to PathoGene.    

M&A - Financial  

12/3/2013 Indigo Partners LLC acquired Frontier Airlines Holdings, Inc. for $145.0 million. Indigo Partners is a private equity and venture capital firm specializing in making investments in growth capital and is based in Phoenix, Arizona. Latham & Watkins LLP served as legal advisor to Indigo Partners.    

Private Placements  

12/4/2013 5050BIZ, LLC received $20.0 million in its Series A round of funding. 5050BIZ, dba BizAnytime, provides a cloud business collaboration application and is based in Tucson, Arizona.        

12/5/2013 ClearDATA Networks, Inc. received $7.0 million in its Series B round of funding from a group of investors. ClearDATA provides cloud computing and information security services for healthcare providers, software vendors, and VARs and is based in Phoenix, Arizona.        

12/10/2013 FST Technical Services, Inc. received $14.3 million in a round of funding from new investors, BNY Mellon-Alcentra Mezzanine Partners. FST provides various types of quality assurance and control services for high purity gas and liquid delivery system installations and is based in Gilbert, Arizona.        

12/13/2013 SynCardia Systems, Inc. received $10.0 million in its equity funding from existing investor SWK Holdings Corporation (OTCPK:SWKH). SynCardia Systems manufactures artificial hearts and is based in Tucson, Arizona.     

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