Columbia West Capital News - Southwest Deal Intelligence
11.24.15 Arizona Deal Intelligence - October 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

10/1/2015 Insight Enterprises Inc. (NasdaqGS:NSIT) acquired Bluemetal Architects, Inc. The terms of the transaction were not disclosed. Insight provides information technology hardware, software, and services solutions that manage and secure IT environments for businesses and government clients and is based in Tempe, Arizona.    

10/1/2015 Imaginetics LLC acquired Azmark Aero Systems LLC. The terms of the transaction were not disclosed. Azmark designs, develops, and manufactures precision machined parts, component sub-assemblies, line replaceable units, electro-mechanical sub-systems, and power systems for aviation and aerospace industries and is based in Gilbert, Arizona.    

10/6/2015 Halma plc (LSE:HLMA) acquired Firetrace USA, LLC for $110.0 million. Firetrace manufacturers cabinet and machine level fire protection systems for mission critical machinery and equipment and is based in Scottsdale, Arizona.    

10/7/2015 Achilles Technology Solutions LLC acquired Materials and Electrochemical Research Corporation. The terms of the transaction were not disclosed. Achilles Technology Solutions manufactures and distributes rigid body armor products and weapons and is based in Scottsdale, Arizona. Materials and Electrochemical Research Corporation engages in the research and development of electro chemicals and is based in Tucson, Arizona.    

10/13/2015 Hyland Software, Inc. acquired LawLogix Group, Inc. The terms of the transaction were not disclosed. LawLogix Group develops and delivers Software as a Service (SaaS) based electronic I-9, E-verify, and immigration case management software solutions to immigration attorneys and human resource professionals and is based in Phoenix, Arizona.    

10/14/2015 Circle K Stores, Inc. entered into an agreement to acquire the assets of Texas Star Investment, Inc. The terms of the transaction were not disclosed. Circle K Stores owns, operates, and franchises a network of convenience stores in the United States, Japan, Mexico, China, Guam, and other countries and is based in Tempe, Arizona.    

10/23/2015 Western Refining, Inc. (NYSE:WNR) agreed to acquire the remaining 61.63% stake in Northern Tier Energy LP (NYSE:NTI) for $1.5 billion in cash and stock. Tempe, Arizona-based Northern Tier Energy is an independent downstream energy company engaging in refining, retail, and pipeline operations in the United States.    

10/26/2015 Early Warning Services, LLC agreed to acquire clearXchange LLC. The terms of the transaction were not disclosed. Early Warning Services provides risk management solutions to financial institutions, government entities, payment companies, and consumers and is based in Scottsdale, Arizona.    

10/28/2015 CAID Industries, Inc. acquired Black Box Engineering, Inc. The terms of the transaction were not disclosed. CAID Industries designs and builds machines and provides machining services, sheet metal work services, structural steel erection, tank fabrication, ventilation work, and general engineering contracting and is based in Tucson, Arizona.  

10/29/2015 LifeLock, Inc. (NYSE:LOCK) acquired Bop FM, Inc. The terms of the transaction were not disclosed. LifeLock provides identity theft protection services for consumers and consumer risk management services for enterprises in the United States and is based in Tempe, Arizona.  

M&A - Financial

10/28/2015 Nautic Partners, LLC and management of Aerostar Aerospace acquired Aerostar Aerospace Manufacturing, Inc. The terms of the transaction were not disclosed. Aerostar manufactures and markets industrial equipment and is based in Phoenix, Arizona.  

Private Placements

10/5/2015 ReplyBuy, Inc. announced that it has received $2.0 million in its seed round of funding led by new investor MRTNZ Ventures. ReplyBuy provides online ticket purchasing services and is based in Scottsdale, Arizona. MRTNZ Ventures is a venture capital firm based in Phoenix, Arizona.    

10/9/2015 AudioEye, Inc. (OTCPK:AEYE) announced that it has entered into a note and warrant purchase agreement for private placement of secured convertible promissory notes for gross proceeds of $3.8 million. AudioEye provides Web accessibility solutions to Internet, print, broadcast, and other media to people regardless of their network connection, device, location, or disabilities and is based in Tucson, Arizona. DLA Piper LLP (US) served as legal advisor to AudioEye.    

10/9/2015 High Performance Beverage Co. (OTCPK:TBEV) announced that it has entered into a binding term sheet and definitive agreements for a private placement of an equity line for gross proceeds of $5.0 million and a bridge loan of $.45 million with new investor GHS Capital LLC.    

10/14/2015 Sharperoo, LLC announced that it has received $10.6 million in its series A round of funding led by existing investor Formation 8 Partners. Sharperoo operates an online community for homeowners and home improvement contractors and is based in Scottsdale, Arizona.    

10/16/2015 Discount Laptop Shop, LLC closed a $3.0 million debt financing from the Arizona Commerce Authority (in conjunction with Biltmore Bank of Arizona) and existing investors. Discount Laptop Shop acquires, refurbishes, and sells used personal computers and servers, and has recently relocated to Phoenix, Arizona from Connecticut.  Weiss Brown served as legal advisor to Discount Laptop Shop.    

10/19/2015 Femtogenix, Ltd. announced that it has received series A round of funding from new investor Research Corporation Technologies. The terms of the transaction were not disclosed. Research Corporation Technologies is a venture capital firm based in Tucson, Arizona.    

10/28/2015 Bioscience Americas, LLC announced that it will raise $15.0 million in a round of funding. Bioscience Americas is a biotechnology company based in Peoria, Arizona.  

10/29/2015 Solera Health, Inc. announced that it has received $3.0 million in series A funding from BlueCross BlueShield Venture Partners with participation by Sandbox Industries. Solera Health is a Phoenix, Arizona-based technology-enabled healthcare services company that provides access to lower-cost, higher access community and digital preventive health solutions through referrals from healthcare providers and health plans. Jennings, Strouss & Salmon, PLC served as legal advisor to Solera Health.