Columbia West Capital News - Southwest Deal Intelligence
12.17.14 Utah Deal Intelligence - November 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  

11/3/2014 Ingo Money, Inc. reached an agreement to acquire Fuze Network, Inc. from TPG Growth and other shareholders for an undisclosed amount. Fuze Network, based in Salt Lake City, Utah, develops applications for the payments industry.   

11/4/2014 eLearning Brothers, LLC acquired assets of eLearningImages.comfrom Website Talking Heads for an undisclosed amount. eLearning Brothers, based in Saratoga Springs, Utah, designs and develops templates and stock assets that enable users to create online courses.   

11/5/2014 Gerflor USA, Inc. acquired Connor Sport Court International, Inc. from The Riverside Company and other shareholders for an undisclosed amount. Connor Sport Court, based in Salt Lake City, Utah, designs and builds sports surfacing and flooring products.   

11/5/2014 Maritz Research, Inc. agreed to acquire Allegiance Software, Inc.from Allegis Capital, El Dorado Ventures, and other shareholders for an undisclosed amount. Allegiance, based in South Jordan, Utah, develops cloud-based Voice-of-the-Customer (VOC) and Enterprise Feedback Management (EFM) solutions, including email, Web, print, and Web-based Software-as-a-Service data.   

11/13/2014 Blackboard Inc. acquired ParentLink from Parlant Technology, Inc. for an undisclosed amount. ParentLink, based in Provo, Utah, provides mobile applications for K-12 school districts. Dorsey & Whitney LLP served as legal advisor to ParentLink.   

11/17/2014 Larry H. Miller Corporation acquired Lakewood Ford Inc. fromRobert Liedel for an undisclosed amount. Larry H. Miller, based in Sandy, Utah, operates as a new and used car dealer in Arizona, Colorado, Idaho, New Mexico, Utah, and Washington.   

11/19/2014 Pluralsight LLC acquired Smarterer, Inc. from a group of investors for $75.0 million. Pluralsight, based in Farmington, Utah, publishes online training courses for software developers, information technology specialists, and creative artists.   

11/20/2014 AvidXchange, Inc. acquired Piracle, Inc. for an undisclosed amount. Piracle, based in Murray, Utah, provides payment management tools.   

11/20/2014 Savage Industries, Inc. acquired Trans Dynamics, Inc. for an undisclosed amount. Savage Industries, based in Midvale, Utah, develops, provides, and operates materials management systems, transportation systems, and facilities for energy and chemical companies.  

Private Placements  

11/3/2014 MX, Inc., formerly known as Money Desktop, announced that it has received $20.0 million in funding from Commerce Ventures, North Hill Ventures, TTV Capital and other investors. MX, based in Provo, Utah, develops an omnibanking technology-based cross-platform application that provides financial management and transactional banking solutions for financial institutions.   

11/6/2014 RevOptix announced that it has received an undisclosed amount of funding from new investor Peterson Partners LP. Peterson Partners, based in Salt Lake City, Utah, is a private equity firm specializing in investments in growth capital and leveraged buyouts with small to mid-sized companies.   

11/10/2014 DealStruck, Inc. announced that it has received an undisclosed amount of funding from new investor Peterson Ventures, LLC. Peterson Ventures, based in Salt Lake City, Utah, is a venture capital firm specializing in investments in seed, early, growth, and later stage companies.   

11/10/2014 QuotaDeck Inc. announced that it has received an undisclosed amount of funding from Peterson Ventures, LLC. Quotadeck, based in Salt Lake City, Utah, operates an online platform that connects businesses with freelance salespeople, which allows businesses to create sales teams and generate leads without the overhead of adding employees. Peterson Ventures, based in Salt Lake City, Utah, is a venture capital firm specializing in investments in seed, early, growth, and later stage companies.   

11/24/2014 VASA Fitness LLC announced that it has received funding led by new investor Silver Oak Services Partners, LLC for an undisclosed amount. VASA Fitness, based in Provo, Utah, owns and operates health clubs.    

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