Columbia West Capital News - Southwest Deal Intelligence
05.26.15 Arizona Deal Intelligence - April 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    

4/1/2015 AXIS Accident & Health acquired Ternian Insurance Group, LLC from ProPrivate Equity, LLC. The terms of the transaction were not disclosed. Ternian Insurance Group provides customizable benefit solutions for employer groups and is based in Phoenix, Arizona. ProPrivate Equity is a venture capital firm specializing in early-stage investments and is based in Tucson, Arizona.    

4/3/2015 5th Dimension Logistics, LLC acquired Superior Financial Service LLC. The terms of the transaction were not disclosed. The combined entity will be named Sparrow. Superior Financial Service offers credit and debit card payment processing services and is based in Scottsdale, Arizona.    

4/7/2015 Early Warning Services, LLC signed a definitive agreement to acquire Authentify, Inc. The terms of the transaction were not disclosed. Early Warning Services provides fraud prevention and risk management solutions and is based in Scottsdale, Arizona.    

4/9/2015 Corvisa Services, LLC acquired Codebox from FriendCode. The terms of the transaction were not disclosed. Codebox operates as a web-based developer IDE (Integrated Development Environment) and is based in Oro Valley, Arizona.    

4/13/2015 eScribers acquired A/V Tronics, Inc. The terms of the transaction were not disclosed. A/V Tronics, doing business as AVTranz, provides verbatim transcripts and electronic reporting from digital recordings of interviews, phone conversations, covert recordings, and other open-microphone recordings. A/V Tronics is based in Phoenix, Arizona.    

4/16/2015 New Acton Mobile Industries LLC entered into a definitive agreement to acquire North American Wood Mobile Office Fleet from Mobile Mini, Inc. for $92.0 million. North American Wood Mobile Office Fleet rents wood mobile office units to construction, mining, and drilling sites in North America. Mobile Mini is based in Phoenix, Arizona.    

4/23/2015 Sierra Nevada Corporation acquired Kutta Technologies, Inc. The terms of the transaction were not disclosed. Kutta Technologies engages in the research, development, manufacture, and supply of command-control-communications software applications, interconnects, components, and subsystems for the Department of Defense, the Department of Homeland Security, and National Institute of Occupational Safety and Health programs. Kutta Technologies is based in Phoenix, Arizona.    

4/24/2015 Energy Knowledge Inc. entered into a stock purchase agreement to acquire Industrial Evolution, Inc. The terms of the transaction were not disclosed. Phoenix, Arizona-based Industrial Evolution provides real-time data as a cloud service for remote access and sharing; consulting services to recommend real-time data standards and governance processes; and system and application design, implementation and support.

4/27/2015 Integrated Distribution & Logistics Direct, LLC acquired Marketing Support Solutions, Inc. The terms of the transaction were not disclosed. Integrated Distribution & Logistics Direct, doing business as SPExpress, provides third-party logistics services in the United States and is based in Tucson, Arizona.    

4/27/2015 TransForce, Inc. acquired Choice Drivers, Inc. The terms of the transaction were not disclosed. Choice Drivers is a Tucson, Arizona-based labor lease company that connects businesses with experienced drivers and helps drivers to find trucking jobs.    

4/29/2015 Universal Technical Institute, Inc. (NYSE:UTI) acquired Roush & Yates Racing Engines LLC. The terms of the transaction were not disclosed. Universal Technical Institute is a Scottsdale, Arizona-based provider of postsecondary education services for students seeking careers as professional automotive, diesel, collision repair, motorcycle, and marine technicians in the United States.    

4/29/2015 Affinity Specialty Apparel, Inc. acquired DragonTech Manufacturing Company. The terms of the transaction were not disclosed. DragonTech manufactures protective clothing and occupational wear for industries and is based in Scottsdale, Arizona.

M&A - Financial       

4/17/2015 Redrock Partners, LLC acquired Mac Parent LLC from Ignite Restaurant Group, Inc. (NasdaqGS:IRG) for $8.2 million. Mac Parent and its subsidiaries are in the business of operating and franchising the right to operate Romano's Macaroni Grill restaurants. Redrock Partners is an investment group based in Phoenix, Arizona.     

Private Placements  

4/30/2015 HealthTell, Inc. announced that it will receive $5.0 million in funding. HealthTell, a life sciences company based in Chandler, Arizona, develops healthcare diagnosing tools for individuals to monitor their health status.     

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