Columbia West Capital News - Southwest Deal Intelligence
07.10.15 Arizona Deal Intelligence - June 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    

6/8/2015 Mahr GmbH acquired Engineering Synthesis Design, Inc. The terms of the transaction were not disclosed. Engineering Synthesis Design develops and provides metrology instrumentation and software solutions for companies, research laboratories, and universities worldwide and is based in Tucson, Arizona.        

6/10/2015 AV Homes, Inc. (NasdaqGS:AVHI) entered into an asset purchase agreement to acquire substantially all of the assets of Bonterra Builders, LLC from R. Dean Harrell and Darren L. Sutton for $96.0 million. AV Homes, based in Scottsdale, Arizona, engages in the homebuilding, community development, and land sale of businesses in Florida, Arizona, and North Carolina markets. Faegre Baker Daniels LLP served as legal advisor to AV Homes.        

6/10/2015 LINK Shareholder Services, LLC acquired First American Stock Transfer, Inc. (FAST). The terms of the transaction were not disclosed. FAST serves as a transfer agent and registrar performing the functions of original issue, cancellation, and reissuance of certificated and electronic shares and is based in Phoenix, Arizona.        

6/19/2015 Aspen Avionics, Inc. acquired Accord Technology LLC. The terms of the transaction were not disclosed. Accord Technology manufactures GPS/GPS WAAS receivers/sensor solutions for avionics applications and is based in Phoenix, Arizona.

6/23/2015 K2 Waste Solutions LLC acquired Greenline Waste and Recycling LLC. The terms of the transaction were not disclosed. K2 Waste Solutions offers waste management services and is based in Chandler, Arizona. Greenline Waste and Recycling provides residential curbside solid waste and optional recycling services and is based in Phoenix, Arizona.                         

ResCare, Inc. acquired Agape Homes, Inc. The terms of the transaction were not disclosed. Agape Homes is an Avondale, Arizona-based specialty provider of Medicaid-funded residential services for individuals with intellectual/developmental disabilities. Gammage & Burnham served as legal advisor to Agape Homes.       

M&A - Financial    

6/17/2015 Thomas Franchise Solutions LTD. acquired the remaining stake in Happy To Be Here, Inc. The terms of the transaction were not disclosed. Thomas Franchise Solutions is a venture capital firm specializing in early stage and growth capital and is based in Phoenix, Arizona.        

Private Placements  

6/10/2015 Contractor Management Services LLC received an undisclosed amount of funding from Riverside Partners LLC. Contractor Management Services provides compliance, settlement processing, and benefit solutions to company owners and independent contractors in the transportation industry in the United States and is based in Phoenix, Arizona.        

6/16/2015 CyMedica Orthopedics, Inc. announced that it has received $11.5 million in its series A round of funding. New investor, Research Corporation Technologies, participated in the transaction. CyMedica Orthopedics is a Scottsdale, Arizona-based medical device company that develops and commercializes products that target joint injuries and the resulting muscle atrophy. Research Corporation Technologies is a venture capital firm specializing in start-up and early-stage companies focused on technology development in the healthcare sector and is based in Tucson, Arizona.        

6/23/2015 AV Homes, Inc. (NasdaqGS:AVHI) announced that it has entered into a series of agreements with institutional buyers for the issue of 6% senior convertible notes due in 2020 for gross proceeds of $80.0 million. AV Homes engages in the homebuilding, community development, and land sale businesses in Florida, Arizona, and North Carolina markets and is based in Scottsdale, Arizona.     

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