Columbia West Capital News - Southwest Deal Intelligence
02.19.14 Utah Deal Intelligence - January 2014


This report is prepared as a courtesy to the Utah 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  

1/2/2014 Wencor Group, LLC acquired Flight Line Products LLC. The terms of the transaction were not disclosed. Wencor Group designs, develops and manufactures aircraft parts and is based in Springville, Utah.        

1/7/2014 Luxottica Group S.p.A. (BIT:LUX) acquired Glasses.com from 1-800 CONTACTS, Inc. The terms of the transaction were not disclosed. Glasses.com helps clients to try on glasses virtually and is based in Orem, Utah. Ballard Spahr LLP served as legal advisor to Glasses.com.        

1/14/2014 Leavitt Group Enterprises, Inc. acquired Mountain West Benefits, Inc. The terms of the transaction were not disclosed. Leavitt Group offers insurance brokerage services and is based in Cedar City, Utah.        

1/17/2014 HID Global Corporation acquired IdenTrust, Inc. from Zions Bancorporation (NasdaqGS:ZION). The terms of the transaction were not disclosed. Zions Bancorporation provides retail and commercial banking services and is based in Salt Lake City, Utah.        

1/20/2014 Brent Williams, President and Chief Executive Officer of Dental Select, Inc., acquired the remaining stake in the company. The terms of the transaction were not disclosed. Dental Select is based in Salt Lake City, Utah and provides dental plans for groups, families, and individuals in Utah, Texas, and Nevada.        

1/22/2014 TechMediaNetwork, Inc. acquired BuyerZone.com, LLC. The terms of the transaction were not disclosed. TechMediaNetwork operates as a digital publisher and is based in Ogden, Utah.        

1/22/2014 Spark Solutions Group, LLC acquired MICROS Boise and MICROS Spokane from MICROS Systems, Inc. (NasdaqGS:MCRS). The terms of the transaction were not disclosed. Spark Solutions Group operates as a distributor of point-of-sale solutions for restaurants and is based in Salt Lake City, Utah.        

1/23/2014 Vivint Solar, Inc. acquired Solmetric Corporation. The terms of the transaction were not disclosed. Vivint Solar designs and installs solar photovoltaic systems and is based in Provo, Utah.    

1/30/2014 Wright Medical Group Inc. (NasdaqGS:WMGI) acquired OrthoPro, LLC for $36.0 million. OrthoPro manufactures surgical products for the foot and ankle market and is based in Salt Lake City, Utah. Mitchell Barlow & Mansfield, P.C. served as legal advisor to OrthoPro.    

M&A - Financial    

1/7/2014 Thomas H. Lee Partners, L.P. acquired 1-800 CONTACTS, Inc. The terms of the transaction were not disclosed. 1-800 CONTACTS operates as an online retailer of contacts and is based in Orem, Utah. Ballard Spahr LLP served as legal advisor to 1-800 CONTACTS.      

1/23/2014 Palladin Capital Group, Inc. acquired LUMOS Inc. The terms of the transaction were not disclosed. LUMOS designs and develops sports medicine products and is based in Lindon, Utah. Durham Jones & Pinegar served as legal advisor to LUMOS.      

1/29/2014 Tower Arch Capital acquired Future Telecom, Inc. The terms of the transaction were not disclosed. Tower Arch Capital is a private equity and venture capital firm and is based in Draper, Utah.       

Private Placements    

1/9/2014 Health Catalyst, LLC received $41.0 million in a round of funding led by Sequoia Capital. Health Catalyst designs, develops, and delivers healthcare data warehousing and process improvement solutions and is based in Salt Lake City, Utah.        

1/9/2014 Volta Industries LLC received an undisclosed amount of funding from a group of investors including EPIC Ventures. EPIC Ventures is a private equity and venture capital firm based in Salt Lake City, Utah.        

1/15/2014 EquityMetrix, LLC received $5.0 million in a round of funding from Peterson Partners LP. Peterson Partners is a private equity and venture capital firm based in Salt Lake City, Utah.

1/21/2014 Nexmo Inc. received $18.0 million in a round of funding from investors including Sorenson Capital. Sorenson Capital is a private equity and venture capital firm based in Lehi, Utah.    

1/29/2014 Rocker Traveler, Inc. received $6.5 million in a round of funding from investors including Peterson Partners LP. Peterson Partners is a private equity and venture capital firm based in Salt Lake City, Utah.      

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