Columbia West Capital News - Southwest Deal Intelligence
02.23.16 Arizona Deal Intelligence - January 2016


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

1/1/2016 Avnet, Inc. (NYSE:AVT) acquired ExitCertified Corp. The terms of the transaction were not disclosed. Avnet, headquartered in Phoenix, distributes electronic components, enterprise computer and storage products, IT solutions and services, and embedded subsystems.    

1/4/2016 KUBRA Data Transfer Ltd. acquired iFactor Consulting, Inc. The terms of the transaction were not disclosed. iFactor Consulting, headquartered in Tempe, develops software products and delivers communication solutions for the utility sector in North America.    

1/4/2016 Viad Corp (NYSE:VVI) acquired the business of Maligne Tours Ltd. for $15.0 million. Viad, based in Phoenix, provides experiential services in the exhibition and events, and travel and recreation industries in the United States, Canada, the United Kingdom, Germany, and the United Arab Emirates.    

1/4/2016 The Chamberlain Group, Inc. acquired Guardian Traffic Systems and Guardian Gate Hinges from Antech Corporation. The terms of the transaction were not disclosed. Tucson-based Guardian Traffic Systems and Guardian Gate Hinges manufacture perimeter access solutions. Antech designs, integrates, installs, and maintains entry gate systems, card access systems, and closed circuit television systems for commercial, government, education, and residential customers in Arizona and is based in Tucson.    

1/5/2016 MiTek Industries, Inc. acquired Sales Simplicity Software, Inc. The terms of the transaction were not disclosed. Based in Chandler, Sales Simplicity Software develops and delivers customer relationship management, sales automation, content management, and reporting software solutions for home builder and real-estate sectors in the United States, Canada, and Australia.     

1/7/2016 Yokogawa Venture Group Inc., a subsidiary of Yokogawa Electric Corporation, acquired Industrial Evolution, Inc. The terms of the transaction were not disclosed. Industrial Evolution is a provider of cloud-based plant data sharing services and is based in Phoenix.    

1/8/2016 Taylor Morrison Home Corporation (NYSE:TMHC) acquired the assets of Acadia Homes & Neighborhoods for approximately $85.0 million. Taylor Morrison Home operates as a public homebuilder in the United States and is based in Scottsdale. Simpson Thacher & Bartlett LLP served as legal advisor to Taylor Morrison.    

1/11/2016 Hensley & Company agreed to acquire Golden Eagle Distributors, Inc. The terms of the transaction were not disclosed. Hensley & Company distributes beverages to retailers in the United States and is based in Tucson. Golden Eagle Distributors engages in the distribution and sale of beer and is also based in Tucson.    

1/12/2016 Idaho Asphalt Supply, Inc. acquired Western Emulsions, Inc. The terms of the transaction were not disclosed. Western Emulsions manufactures and supplies asphalt emulsion solutions for pavement preservation, repair, and recycling applications and is headquartered in Tucson.    

1/12/2016 Microchip Technology Inc. (NasdaqGS:MCHP) agreed to acquire Atmel Corporation (NasdaqGS:ATML) for $3.4 billion. Microchip Technology develops, manufactures, and sells semiconductor products for various embedded control applications and is based in Chandler. Wilson Sonsini Goodrich & Rosati is serving as legal advisor to Microchip Technology.    

1/17/2016 Axway Software S.A. (ENXTPA:AXW) acquired Appcelerator Inc. The terms of the transaction were not disclosed. Axway Software, based in Phoenix, publishes enterprise software for governing the flows of data that facilitates interactions within the value chains of medium and large commercial enterprises or governments worldwide.    

1/19/2016 OpenTech Alliance, Inc. acquired a majority stake in Storage Treasures, Inc. The terms of the transaction were not disclosed. OpenTech Alliance is a Phoenix-based provider of self-storage solutions that connect storage owners with tenants in the United States and internationally. Scottsdale-based Storage Treasures operates a storage auction information portal and storage facility directory in the United States and Canada.    

1/27/2016 RentPath Inc. acquired Live Response Solutions, Inc. The terms of the transaction were not disclosed. Live Response Solutions is a Scottsdale-based provider of centralized leasing, customer service, lead management, ad tracking, call scoring and other services to businesses in the multifamily or single family to rent space.    

M&A - Financial

1/19/2016 Linsalata Capital Partners acquired a majority stake in Glynlyon, Inc. The terms of the transaction were not disclosed. Glynlyon provides web-based curriculum and e-learning solutions and is headquartered in Chandler.  

Private Placements

1/13/2016 Kovach Inc. announced that it has received an equity round of funding from new investor AV Capital Holdings, LLC and ORIX Mezzanine & Private Equity. The terms of the transaction were not disclosed. Kovach designs, manufactures, and installs sheet metal products and is based in Chandler.    

1/17/2016 FlexPrint, Inc. announced that it has received funding from new investor Oval Partners. The terms of the transaction were not disclosed. FlexPrint provides managed print and technology services and is based in Mesa.  

1/22/2016 Cancer Prevention Pharmaceuticals, Inc. announced that it will receive $5.0 million in a round of funding from Sucampo Pharmaceuticals, Inc. Cancer Prevention Pharmaceuticals is a Tucson-based clinical-stage biopharmaceutical company that develops and commercializes therapeutic agents.