Columbia West Capital News - Southwest Deal Intelligence
12.01.08 Arizona Deal Intelligence - November 2008

M&A - Strategic

11/3/2008 Timken Co. (NYSE:TKR) announced it closed the acquisition of ExTeX, Ltd. for an undisclosed amount. Gilbert, Arizona-based ExTeX manufactures, designs, and distributes flight replacement parts for rotorcraft, air transport, commuter airlines, and general aviation operators.

11/5/2008 enChoice, Inc. announced its intention to acquire CYA Technologies, Inc. for an undisclosed amount. enChoice provides enterprise content management solutions for business and government customers. enChoice is headquartered in Chandler, Arizona.

Private Placements

11/15/08 FiREapps, Inc. announced it closed a $7.5 million capital raise. FiREapps provides corporate foreign exchange (FX) and currency exposure management software. FiREapps is based in Scottsdale, Arizona.