Columbia West Capital News - Southwest Deal Intelligence
01.14.16 Utah Deal Intelligence - December 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  

12/1/2015 BC Technical, Inc. acquired Magnaserv Enterprises, Inc. The terms of the transaction were not disclosed. BC Technical supplies molecular imaging solutions and is based in West Jordan.    

12/1/2015 Swift Communications, Inc. acquired Diversified Suburban Newspapers, Inc. from MediaNews Group, Inc. The terms of the transaction were not disclosed. Diversified Suburban Newspapers owns and operates The Park Record newspaper and is based in Park City.  

12/2/2015 Providence Group, Inc. acquired Arden Courts and Heartland of Louisville from HCR ManorCare, Inc. The terms of the transaction were not disclosed. Providence Group owns senior care facilities and is based in Farmington.    

12/10/2015 Spring Communications, Inc. acquired 27 AT&T dealers from AT&T, Inc. (NYSE:T). The terms of the transaction were not disclosed. Spring Communications offers retail wireless phones, plans, and accessories and is based in Salt Lake City.    

12/10/2015 Spring Communications, Inc. acquired 50 electronic retail stores in Florida from Nobile Communications. The terms of the transaction were not disclosed. Spring Communications offers retail wireless phones, plans, and accessories and is based in Salt Lake City.    

12/14/2015 TCN, Inc. agreed to acquire Global Connect LLC. The terms of the transaction were not disclosed. TCN provides cloud-based call center technology solutions for enterprises, contact centers, BPOs, and collection agencies worldwide. TCN is based in Saint George.    

12/14/2015 BC Technical, Inc. acquired Legacy Medical Imaging, L.P. The terms of the transaction were not disclosed. BC Technical supplies molecular imaging solutions and is based in West Jordan.    

12/17/2015 Purch, Inc. acquired ShopSavvy, Inc. The terms of the transaction were not disclosed. Purch operates a digital content and commerce company and is based in Ogden.  

12/28/2015 Sack Lunch Productions, Inc. (OTCPK:SAKL) acquired the remaining 33.3% stake in Slide the City, LLC, Slide the City Franchising, LLC, Slide the City Canada, LLC, and The Lantern Fest, LLC for $12.5 million. Based in Salt Lake City, Sack Lunch Productions operates lifestyle salons and is involved in assisting with the development and production of film products; and the acquisition, leasing, and sale of commercial and residential properties.  

M&A - Financial  

12/16/2015 AEA Investors LP agreed to acquire a majority interest in 1-800 CONTACTS, Inc. The terms of the transaction were not disclosed. 1-800 CONTACTS retails lenses online and is based in Orem.    

Private Placements  

12/10/2015 Steel House, Inc. announced that it has received $49.0 million in its series C round of funding led by new investor Mercato Partners, L.P. Mercato Partners is a private equity firm based in Salt Lake City.    

12/16/2015 Janrain, Inc. announced that it has raised $27.0 million in series D funding from Epic Ventures and other investors. Epic Ventures is a venture capital firm based in Salt Lake City.    

12/21/2015 DemoChimp LLC announced that it has received $5.3 million in its seed round of funding led by Peak Ventures and other investors. DemoChimp operates a Software-as-a-Service platform that automates product demonstrations and is based in American Fork. Peak Ventures is a venture capital firm based in Provo.  

12/30/2015 Great Basin Scientific, Inc. (Nasdaq:GBSN) announced that it has raised $18.4 million from Hudson Bay Capital Management and other investors. Great Basin Scientific is a molecular diagnostic testing company based in Salt Lake City. Dorsey & Whitney LLP served as legal advisor to Great Basin Scientific.