Columbia West Capital News - Southwest Deal Intelligence
05.25.15 Utah Deal Intelligence - April 2015


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  

4/2/2015 The Ensign Group, Inc. (NasdaqGS:ENSG) acquired Coral Desert Rehabilitation and Care. The terms of the transaction were not disclosed.  Red Cliffs Healthcare, doing business as Coral Desert Rehabilitation and Care, provides rehabilitation and skilled nursing services and is based in St. George, Utah.    

4/6/2015 Gilbert Development Corporation acquired all the assets of CML Metals Corporation from CML Holdings, Inc. for $11.6 million. Gilbert Development provides construction, rock excavation, blasting, crushing, and engineering services and is based in Hurricane, Utah. CML Metals engages in mining, producing and supplying iron ore in the U.S. and internationally and is based in St. George, Utah.    

4/7/2015 BBX Sweet Holdings, LLC acquired the assets of Kencraft, Inc. from Dynamic Confections, Inc. The terms of the transaction were not disclosed. Based in Alpine, Utah, Kencraft produces confectionaries and candies. Dynamic Confections produces and distributes candies and chocolates and is based in Salt Lake City, Utah.    

4/10/2015 Gibson Brands, Inc. acquired Harmony Central, Inc. from Musician's Frend Inc. The terms of the transaction were not disclosed. Harmony Central owns and operates an online portal for musicians and is based in Draper, Utah.    

4/14/2015 Lendio Inc. acquired Business Bounce. The terms of the transaction were not disclosed. Lendio operates an online platform that matches and connects small business owners with banks, credit unions, and lending institutions and is based in South Jordan, Utah.    

4/28/2015 Corbis Entertainment acquired Plaid Social Labs Inc. The terms of the transaction were not disclosed.  Plaid Social Labs is an online advertising company that specializes in connecting brands with online video influencers (YouTube, Vine, Twitch, and Instagram) and is based in Provo, Utah.    

4/28/2015 CallSource, Inc. acquired the Phone Coaching and Training Division from ContactPoint LLC. The terms of the transaction were not disclosed. ContactPoint's Phone Coaching and Training Division provides tracking, monitoring, saving mishandled calls, and training and coaching services. ContactPoint is based in St. George, Utah.     

Private Placements  

4/2/2015 Domo, Inc. announced that it will receive $210.0 million in a round of funding led by BlackRock, Inc. (NYSE:BLK). Domo is a cloud-based business management platform based in American Fork, Utah.    

4/3/2015 MX, Inc. announced that it will receive $30.0 million in an equity round of funding led by USAA Investment Management Company and DG Incubation, Inc. MX is a Provo, Utah-based developer of an omnibanking technology-based cross-platform application that provides financial management and transactional banking solutions for financial institutions.    

4/21/2015 Rural Physicians Group announced that it has received an undisclosed amount of funding from Sorenson Capital and Leavitt Equity Partners. Sorenson Capital is a private equity and venture capital firm specializing in small to middle market buyouts, growth equity, industry consolidation, and growth capital investments based in Lehi, Utah. Leavitt Partners provides consulting services to clients in healthcare and food safety sectors and is based in Salt Lake City, Utah.    

4/27/2015 eFileCabinet, Inc. announced that it will receive $11.1 million in funding from a group of investors. eFileCabinet is a Lehi, Utah-based provider of document management software and file-sharing products and services.    

4/30/2015 Social Dental, Inc. announced that it has received an undisclosed amount of funding from Peterson Ventures, LLC. Social Dental designs and develops a mobile application which allows users to write reviews of medical establishments and is based in Provo, Utah. Peterson Ventures is a venture capital firm based in Salt Lake City, Utah.      

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