Columbia West Capital News - Southwest Deal Intelligence
03.14.14 Arizona Deal Intelligence - February 2014


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  

2/3/2014 First Watch Restaurants Inc. acquired The Good Egg. The terms of the transaction were not disclosed. The Good Egg operates as a restaurant and is based in Scottsdale, Arizona.        

2/4/2014 NSM Insurance Group, Inc. acquired Professional Underwriters Agency, Inc. from Nova Insurance Group, Inc. The terms of the transaction were not disclosed. Nova Insurance Group provides insurance brokerage services and is based in Tucson, Arizona.

2/5/2014 CarePatrol Franchise Systems, Inc. acquired Assisted Transition, LLC. The terms of the transaction were not disclosed. Carepatrol operates as a franchised assisted living placement company and is based in Gilbert, Arizona.                         

2/6/2014 NBS Payment Solutions Inc. acquired Equinox Payments, LLC. The terms of the transaction were not disclosed. Equinox manufactures and distributes point-of-sale payment terminals and is based in Scottsdale, Arizona.        

2/10/2014 Ametek Inc. (NYSE:AME) acquired VTI Instruments Corporation from Alerion Capital Group, LLC for $74.0 million. Alerion is a venture capital and private equity firm based in Scottsdale, Arizona.        

2/10/2014 Storage Treasures, Inc. acquired Storage Battles Inc. The terms of the transaction were not disclosed. Storage Battles is an online self-storage auction company based in Scottsdale, Arizona that operates a Web portal that allows storage facilities to post their auctions online.        

2/10/2014 Microchip Technology Inc. (NasdaqGS:MHCP) acquired Supertex Inc. (NasdaqGS:SUPX) for $393.3 million. Microchip develops, manufactures, and sells semiconductor products for embedded control applications and is based in Chandler, Arizona. Wilson, Sonsini, Goodrich & Rosati served as legal advisor to Microchip.        

2/11/2014 Caldwell Manufacturing Company North America, LLC acquired Doors in Motion, LLC. The terms of the transaction were not disclosed. Doors in Motion is based in Scottsdale, Arizona and provides residential automation solutions for multi-slide doors and windows.        

2/14/2014 Climatec, LLC acquired the assets of Open Environmental Technologies, L.P. and Open Environmental Technologies San Antonio, L.P. The terms of the transaction were not disclosed. Climatec provides advanced building technologies and system integration services for a wide variety of industries and buildings. Climatec is based in Phoenix, Arizona. Fennemore Craig, P.C. served as legal advisor to Climatec.        

2/17/2014 Blueocean Market Intelligence Services Private Limited acquired Cognicient Limited. The terms of the transaction were not disclosed. Blueocean provides market research and industry analysis services and is based in Scottsdale, Arizona.        

2/28/2014 Calumet Specialty Products Partner LP (NasdaqGS:CLMT) acquired United Petroleum Company, LLC for $10.5 million. Calumet engages in the production and marketing of lubricants and is based in Gilbert, Arizona.        

2/28/2014 Universal Health Services Inc. (NYSE:UHS) acquired Palo Verde Behavioral Health from TMC Healthcare. The terms of the transaction were not disclosed. TMC provides emergency care and pediatric care services and is based in Tucson, Arizona.  

M&A - Financial    

2/4/2014 Evergreen Pacific Partners acquired Vantage Mobility International, LLC. The terms of the transaction were not disclosed. Vantage Mobility manufactures and distributes wheelchair accessible vehicles and is based in Phoenix, Arizona. DLA Piper LLP (US) served as legal advisor to Vantage Mobility.        

2/18/2014 Court Square Capital Partners acquired AFS Technologies, Inc. The terms of the transaction were not disclosed. AFS Technologies provides integrated business enterprise and on-demand software solutions and is based in Phoenix, Arizona. Snell & Wilmer L.L.P. served as legal advisor to AFS Technologies.   Private Placements  

2/4/2014 HTG Molecular Diagnostics, Inc. announced that it has raised $7.5 million from a group of investors. HTG provides molecular technology solutions and is based in Tucson, Arizona.        

2/7/2014 Cayenne Medical, Inc. raised $5.0 million from a group of investors. Cayenne Medical develops and sells products used in knee, ligament and muscle repair. Cayenne Medical is based in Scottsdale, Arizona.        

2/11/2014 Mountainside Fitness Centers of Gilbert, LLC announced that it has received $40.0 million from PNC Mezzanine Capital. Mountainside Fitness operates a chain of fitness centers and is based in Gilbert, Arizona.        

2/11/2014 TPI Composites, Inc. has announced that it has received $10.0 from a group of investors. TPI manufactures and supplies wind turbine blades for the wind energy industry and is based in Scottsdale, Arizona.        

2/14/2014 Sottera, Inc. (dba NJOY) has announced that it will receive $72.0 million from a group of investors including Brookside Capital along with Morgan Stanley Investment Management at a rumored valuation of $1 billion. Sottera manufactures and distributes rechargeable and non-rechargeable electronic cigarette products and is located in Scottsdale, Arizona.    

2/26/2014 Bitium Inc. has announced that it has received $6.5 million from a group of investors including Social Leverage, LLC. Social Leverage is a technology venture capital firm based in Phoenix, Arizona.      

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