Columbia West Capital News - Southwest Deal Intelligence
03.13.14 Utah Deal Intelligence - February 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  

2/3/2014 BlueStep Systems LLC acquired BridgeGate International, Inc. The terms of the transaction were not disclosed. BlueStep provides information management solutions to the healthcare industry and is based in Layton, Utah.        

2/4/2014 Myriad Genetics Inc. (NasdaqGS:MYGN) acquired Crescendo Bioscience, Inc. for $270.0 million. Myriad Genetics is a molecular diagnostic company based in Salt Lake City, Utah. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. served as legal advisor to Myriad Genetics.        

2/7/2014 Guest-tek Interactive Entertainment Ltd. acquired iBahn, Inc. for $13.0 million. iBahn provides digital information/entertainment and Internet solutions and is based in Salt Lake City, Utah. Pachulski Stang Ziehl & Jones LLP served as legal advisor to iBahn.        

2/11/2014 Digibell, Inc. acquired Rastar, Inc. The terms of the transaction were not disclosed. Rastar provides digital print communications and services for brands and is based in Salt Lake City, Utah.        

2/11/2014 EnergySolutions, Inc. agreed to acquire the Memphis and Erwin, Tennessee operations of Studsvik, Inc., as well as Studsvik's membership interests in Semprasafe, LLC, for $23.0 million. This transaction has subsequently closed. EnergySolutions provides nuclear services to government and commercial customers and is based in Salt Lake City, Utah.        

2/17/2014 Cal-Maine Foods, Inc. acquired the remaining 50% stake in Delta Egg Farm, LLC from Sunbest Foods of Iowa, LLC for $17.0 million. Delta Egg Farm owns and operates a feed mill and provides production, processing, and distribution of shell eggs. Delta Egg Farm is based in Delta, Utah.    

2/25/2014 S&N Communications Inc. acquired Stake Center Locating, Inc. The terms of the transaction were not disclosed. Stake Center Locating provides utility locating services and is based in Salt Lake City, Utah.  

Private Placements    

2/4/2014 AtTask, Inc. announced that it has received $38.0 million from a group of investors including University Venture Fund. AtTask provides software-as-a-service enterprise work management solutions and is based in Lehi, Utah. University Venture Fund is the venture capital arm of The University of Utah and is based in Salt Lake City, Utah.      

2/5/2014 Domo, Inc. announced that it raised $125.0 million from a group of investors including Mercato Partners. Domo provides an executive management platform as a software-as-a-service solution for managers and executives to run their business and is based in American Fork, Utah. Mercato Partners is a private equity and venture capital firm based in Salt Lake City, Utah. Ropes & Gray LLP served as legal advisor to Domo.      

2/6/2014 Xi3 Corporation announced that it will receive $10.0 million from a group of investors. Xi3 develops modular computers and is based in Salt Lake City, Utah.     

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