Columbia West Capital News - Southwest Deal Intelligence
09.22.16 Utah Deal Intelligence - August 2016


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  

8/1/2016 Whiteclouds Inc. acquired Sandboxr, Inc. Whiteclouds is a 3D printing and 3D design company that specializes in creating architectural models, prototypes, medical models, end-use parts, and entertainment and video game models for mass markets and is based in Ogden. Sandboxr operates a custom merchandising platform that enables 3D artists, brand creators, and content creators to prepare and upload their 3D content and is based in Salt Lake City.    

8/10/2016 OmniGuide, Inc. acquired Domain Surgical, Inc. from Salt Lake Life Science Angels, OrbiMed Advisors, L.L.C. and BioStar Ventures LLC. The terms of the transaction were not disclosed. Domain Surgical engages in the development, manufacture, and supply of thermal surgical products to seal and divide tissue with minimal lateral thermal spread in open and laparoscopic surgical procedures and is based in Salt Lake City.     

8/11/2016 Hewlett Packard Enterprise Company (NYSE:HPE) signed a definitive agreement to acquire Silicon Graphics International Corp. (NasdaqGS:SGI) from Wasatch Advisors Inc. for $378.4 million. Wasatch Advisors is an employee owned investment manager and is based in Salt Lake City.    

8/22/2016 Ogden Newspapers of Utah, LLC agreed to acquire the Provo newspaper assets including the Daily Herald and heraldextra.com from Lee Enterprises, Incorporated (NYSE:LEE). The terms of the transaction were not disclosed. Ogden Newspapers publishes newspapers and is based in Provo.    

8/19/2016 Headwaters Incorporated acquired Krestmark Industries, L.P., Crest Vinyl Extrusions, LLC and Legacy Vinyl Windows, LP for $240.0 million. Headwaters is a building products company based in South Jordan. Pillsbury Winthrop Shaw Pittman LLP is serving as legal advisor to Headwaters.    

8/24/2016 CHG Healthcare Services, Inc. acquired Global Medical Staffing, Inc. The terms of the transaction were not disclosed. CHG Healthcare provides staffing solutions to hospitals and healthcare organizations and is based in Salt Lake City. Global Medical provides recruiting services for healthcare facilities and is based in Salt Lake City.    

8/25/2016 Ascential plc (LSE:ASCL) agreed to acquire Oneclickretail.com LLC for approximately $230.0 million. Oneclickretail.com provides eCommerce data measurement, sales analytics, and search optimization services for brand manufacturers in North America, Europe, and Asia and is based in Sandy.  

8/31/2016 Myriad Genetics, Inc. (NasdaqGS:MYGN) acquired AssureRx Health, Inc. for $410.0 million. Myriad Genetics develops and markets predictive, personalized, and prognostic medical tests worldwide and is based in Salt Lake City. Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. is serving as legal advisor to Myriad Genetics.  

Private Placements  

8/11/2016 UpGuard Inc. announced that it has received $17.0 million in its Series B round of funding co-led by new investor Pelion Venture Partners and returning investor Square Peg Capital Pty. Pelion is a venture capital firm based in Salt Lake City.    

8/12/2016 Axiom Materials, Inc. announced that it has received a recapitalization round of funding with participation from new investors Sorenson Capital and Yukon Partners Management, LLC. The terms of the transaction were not disclosed. Sorenson Capital is a private equity and venture capital firm based in Lehi.    

8/17/2016 Ender Labs, LLC announced that it has received $13.5 million in its Series B round of funding led by new investor Nokia Growth Partners and including participation from new investor GE Ventures and existing investors Greycroft Partners LLC, Origin Ventures and Zetta Venture Partners. Ender Labs operates a platform that manages room scheduling and displays upcoming events using an interface of an iPad and is based in Salt Lake City.

8/18/2016 Wasatch Microfluidics, Inc. announced that it has received $10.3 million in a round of funding that included participation from 19 investors. Wasatch Microfluidics develops label-free biomolecular interaction analysis solutions and is based in Salt Lake City.                 

8/24/2016 Tremus, Inc. announced that it has received $7.1 million in its Series A round of funding led by Pelion Venture Partners and including participation from Accel Partners and Aspect Ventures. Pelion Venture Partners is a venture capital firm and is based in Salt Lake City.    

8/25/2016 Jive Communications, Inc. announced that it has received $7.5 million in an equity round of funding from a single investor. Jive provides enterprise-grade hosted VoIP and unified communications to businesses and institutions worldwide and is based in Orem.

8/25/2016 FFG Global Holdings LLC announced that it has received over $35.0 million in a round of funding from Opus Bank, Red Bridge Capital, and other private capital providers. FFG Global, through its subsidiaries, owns and operates restaurants and is based in American Fork. Red Bridge Capital is an alternative finance fund that lends in several key business verticals to provide unique financing options for borrowers and is based in Salt Lake City.    

8/30/2016 Viper Subsea Technology Limited acquired a 33% stake in LiveWire Innovation Inc. The terms of the transaction were not disclosed. LiveWire develops a technology to detect, locate, and monitor live electrical systems and is based in South Jordan.  

8/31/2016 RackWare Incorporated announced that it has received $10.2 million in its Series B round of funding led by new investor Signal Peak Ventures and including participation from existing investors Kickstart Seed Fund, Osage Venture Partners LLC and six other investors. Signal Peak Ventures is a private equity and venture capital firm based in Salt Lake City. Kickstart Seed Fund is a venture capital firm based in South Jordan.     

For submissions, please email David Lawless at dlawless@columbiawestcap.com.