Columbia West Capital News - Southwest Deal Intelligence
02.24.15 Arizona Deal Intelligence - January 2015


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    

1/2/2015 OpenText™ (NASDAQ: OTEX, TSX: OTC)  acquired Informative Graphics Corporation.  The terms of the transaction were not disclosed. Informative Graphics is a leading developer of viewing, annotation, redaction and publishing commercial software and is based in Scottsdale, Arizona. Osborn Maledon P.A. served as legal advisor to Informative Graphics.        

1/6/2015 Robert Bosch North America, Inc. acquired a majority stake in Climatec, LLC. The terms of the transaction were not disclosed. Climatec provides building automation and energy management services and is based in Phoenix, Arizona. Kirkland & Ellis LLP served as legal advisor to Climatec.        

1/7/2015 Alorica Inc. agreed to acquire West Direct II, Inc. from West Corporation (NasdaqGS:WSTC) for $20.7 million. West Direct II operates call centers focusing on fitness equipment, personal development, electronics, house wares, collectibles, and sporting goods and is based in Mesa, Arizona. Sidley Austin LLP served as legal advisor to West Corporation.    

1/7/2015 Republic Services, Inc. (NYSE:RSG) agreed to acquire City Carton Company, Inc. The terms of the transaction were not disclosed. Republic Services provides non-hazardous solid waste collection, transfer, and recycling and disposal services for commercial, industrial, municipal, and residential customers in the United States and Puerto Rico and is based in Phoenix, Arizona.

1/12/2015 enChoice, Inc. acquired Foster Consulting Group, Inc. The terms of the transaction were not disclosed. enChoice deploys, supports, administers, maintains, and protects end-to-end enterprise content management solutions and services and is based in Tempe, Arizona.    

1/19/2015 MindTree Limited (BSE:532819) entered into an agreement to acquire Discoverture Solutions, LLC for $15.0 million. Discoverture provides information technology solutions and services to insurance and healthcare industries and is based in Scottsdale, Arizona.

1/23/2015 Spectris plc (LSE:SXS) acquired ReliaSoft Corporation for $42.0 million. ReliaSoft provides reliability engineering software, training, and consulting and related services and is based in Tucson, Arizona.

1/26/2015 Raytheon Missile Systems Company acquired Sensintel, Inc. The terms of the transaction were not disclosed. Sensintel designs and manufactures unmanned aerial systems and sensors and is based in Tucson, Arizona.

1/27/2015 Lee & Associates Licensing and Administration Co., LLC agreed to acquire Griffin Partners, Inc. The terms of the transaction were not disclosed. Lee & Associates provides commercial real estate brokerage services in the United States and is based in Phoenix, Arizona.

1/28/2015 InfoArmor Inc. acquired IntelCrawler LLC. The terms of the transaction were not disclosed. Scottsdale, Arizona-based InfoArmor helps companies and their employees detect and manage emerging fraud. Snell & Wilmer L.L.P. served as legal advisor to InfoArmor.      

M&A - Financial    

1/5/2015 Scott Kilpatrick, Todd Belfer and PNC Mezzanine Capital acquired Sauce Pizza and Wine. The terms of the transaction were not disclosed. Sauce West End, doing business as Sauce Pizza and Wine, owns and operates a chain of restaurants and is based in Scottsdale, Arizona.        

1/5/2015 Sun Orchard, Inc. announced that it has received majority investment from Centre Partners Management LLC. The terms of the transaction were not disclosed. Sun Orchard produces and distributes fresh fruit juices to foodservice businesses in North America and is based in Tempe, Arizona.       

Private Placements    

1/6/2015 Fitmob, Inc. announced that it has received $5.0 million in funding from Venture51 Capital and other investors. Venture51 typically invests in information technology companies and is based in Phoenix, Arizona.        

1/14/2015 HTG Molecular Diagnostics, Inc. announced that it will receive $18.0 million in funding. HTG develops and markets a technology platform that facilitates the routine use of complex molecular profiling and is based in Tucson, Arizona.    

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