Columbia West Capital News - Southwest Deal Intelligence
06.23.16 Arizona Deal Intelligence - May 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

5/2/2016 Rokwader, Inc. (OTCPK:ROKR) acquired certain entities and express car wash businesses from affiliates of Clean Freak Holdings. The terms of the transaction were not disclosed. Osborn Maledon, P.A. served as legal advisor to Clean Freak Holdings.

5/3/2016 PEI-Genesis, Inc. acquired Filconn Inc. The terms of the transaction were not disclosed. Based in Chandler, Filconn manufactures precision filtered, EMP suppression, and custom configuration connectors for mil-aero, medical, transit, and oil and gas industries.

5/3/2016 Centerbridge Partners, L.P. and Champion Home Builders, Inc. agreed to acquire Southwest Stage Funding LLC. The terms of the transaction were not disclosed. Southwest Stage Funding, doing business as Cascade Financial Services, provides lending services to the manufactured housing industry and is based in Gilbert.                 

5/4/2016 Zoftec, LLC acquired JDA Point-of-Sale Solutions from JDA Software Group, Inc. The terms of the transaction were not disclosed. Zoftec, doing business as Veras Retail, develops in-store software solutions and is based in Phoenix. JDA Software Group provides supply chain and retail management software solutions and is based in Scottsdale.    

5/17/2016 GoDaddy Inc. (NYSE:GDDY) agreed to acquire Freedom Voice Systems, Inc. from Newstar Ventures Ltd. and others for $47.0 million. Scottsdale-based GoDaddy designs and develops cloud-based technology products for small businesses, web design professionals, and individuals. Wilson Sonsini Goodrich & Rosati is serving as legal advisor to GoDaddy.    

5/20/2016 Gac, Inc. acquired Moore Air Conditioning & Heating Inc. The terms of the transaction were not disclosed. Gac, a HVAC services company, provides air conditioning and heating services and is based in Tempe.    

5/25/2016 MTY Food Group Inc. (TSX:MTY) agreed to acquire Kahala Corp. (OTCPK:KAHL) from Delavaco Group and others for $301.5 million. Kahala owns and franchises a chain of quick-service restaurant brands and is headquartered in Scottsdale.  

5/26/2016 Peterson's Nelnet, LLC acquired Mind Streams Education, LLC. The terms of the transaction were not disclosed. Based in Phoenix, Mind Streams Education provides professional development services to educators at various grade levels.  

M&A - Financial

5/17/2016 Hall Capital Partners acquired 4Knines. The terms of the transaction were not disclosed. 4Knines manufactures heavy duty seat covers and is based in Glendale.  

Private Placements

5/16/2016 Centauri Health Solutions, Inc. announced that it has received equity funding of $50.0 million from new investor Silversmith Capital Partners and $12.55 million from eight investors. In a subsequent transaction, Centauri Health Solutions acquired IMI Health Inc. The terms of the transaction were not disclosed. Based in Scottsdale, Centauri Health Solutions designs and develops cloud-based software and comprehensive data management solutions for risk adjustment and quality-based revenue programs. Weiss Brown served as legal advisor to Centauri Health Solutions.  

5/24/2016 Global Water Resources, Inc. (NasdaqGM:GWRS) announced that it has entered into a note purchase agreement for a private placement of two series of senior secured notes for gross proceeds of $115.0 million. Global Water Resources is a Phoenix-based water resource management company that owns, operates, and manages regulated water, wastewater, and recycled water utilities.      For submissions, please email David Lawless at dlawless@columbiawestcap.com.