Columbia West Capital News - Southwest Deal Intelligence
01.20.17 Arizona Deal Intelligence - December 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

12/1/2016 Cactus Sky Holdings, LLC, a wholly-owned subsidiary of Royal Oaks Retirement Community, acquired all of the assets of The Carillons Senior Living Community from CPF Senior Living - The Carillons, LLC for an undisclosed amount. CPF Senior Living is a subsidiary of Chicago Pacific Founders, a strategic healthcare investment fund based in Chicago. The assets included The Carillons 8.1 acre campus located in Sun City, Arizona, including 45 assisted living and 34 independent living residences. Steptoe & Johnson LLP served as legal advisor to Cactus Sky Holdings.    

12/5/2016 GoDaddy, Inc. (NYSE:GDDY) agreed to acquire Host Europe Group ('HEG') from Cinven Capital Management (V) General Partner Limited for $1.8 billion. GoDaddy designs and develops cloud-based technology products for small businesses, web design professionals, and individuals in the United States and internationally and is based in Scottsdale. Wilson Sonsini Goodrich & Rosati, Slaughter and May, and Gleiss Lutz is serving as legal advisor to GoDaddy.    

12/5/2016 GoDaddy Inc. (NYSE:GDDY) acquired Lifetime Value, LLC. The terms of the transaction were not disclosed. GoDaddy designs and develops cloud-based technology products for small businesses, web design professionals, and individuals in the United States and internationally and is based in Scottsdale.    

12/7/2016 PassportParking, Inc. acquired ParkX, LLC. The terms of the transaction were not disclosed. ParkX provides mobile payment solutions for parking providers and is based in Scottsdale.    

12/7/2016 Realty Executives Inc. (Phoenix brokerage) acquired RedBrick Realty, LLC. The terms of the transaction were not disclosed. Realty Executives, doing business as Realty Executives Phoenix, provides real estate brokerage services. RedBrick Realty provides real estate brokerage services in Arizona and is based in Mesa.    

12/9/2016 Due North Holdings, LLC acquired Scotty's Brewhouse Fort Wayne, LLC. The terms of the transaction were not disclosed. Due North operates and franchises restaurants and retail service brands and is based in Scottsdale.    

12/9/2016 Arete Pharmacy Network, LLC acquired RxPride, LLC. The terms of the transaction were not disclosed. Arete Pharmacy Network is a pharmacy services administrative organization and is based in Phoenix.    

12/12/2016 West Corporation (NasdaqGS:WSTC) acquired 911 ETC, Inc. for $10.0 million. 911 ETC provides enhanced management database service solutions to ensure safety while addressing the mandated E911 statutes in the United States and is based in Goodyear.    

12/13/2016 New Acton Mobile Industries LLC agreed to acquire mobile office fleet in Tennessee from Mobile Mini, Inc. The terms of the transaction were not disclosed. Mobile Mini, Inc., Mobile Office Fleet in Tennessee comprises a real estate property. Mobile Mini provides portable storage and specialty containment solutions and is based in Phoenix.    

12/14/2016 Car Wash Partners, Inc. acquired Downtowner Car Wash. The terms of the transaction were not disclosed. Car Wash Partners operates a chain of car wash and lube centers and is based in Tucson.    

12/15/2016 Marana Aerospace Solutions, Inc. signed an agreement to acquire Ascent Aviation Services Corp. The terms of the transaction were not disclosed. Marana provides aircraft maintenance, repair, overhaul, and storage services and is based in Marana. Ascent provides heavy maintenance, repair, and overhaul (MRO) services to owners, operators, and lessors of narrow body aircraft and is based in Tucson.    

12/15/2016 Pinpoint Holdings, Inc. acquired Accipiter Communications, Inc. for $5.3 million. Accipiter Communications, Inc., doing business as Zona Communications, provides high-speed Internet, telephone, and digital television services to residents and businesses and is based in Phoenix.    

12/16/2016 Barron Lighting Group, Inc. acquired Growlite Inc. The terms of the transaction were not disclosed. Barron Lighting manufactures commercial and industrial lighting products and is based in Glendale. Growlite designs, manufactures, and markets lighting products to the indoor horticulture market and is based in Glendale.    

12/19/2016 Confie Seguros, Inc. acquired Oasis Insurance. The terms of the transaction were not disclosed. Oasis provides auto insurance brokerage services for customers in Arizona and surrounding areas and is based in Mesa.    

12/21/2016 Home Brands Group LLC acquired substantially all the assets of ForzaStone, LLC. The terms of the transaction were not disclosed. Home Brands Group owns and operates 5 Day Kitchens and BlueFrog Plumbing + Drain, plumbing and drain-cleaning franchise brands, and is based in Tempe. ForzaStone manufactures lightweight thin stone panels and accessories for commercial and residential applications and is based in Tempe.    

12/22/2016 WellCare Health Plans, Inc. (NYSE:WCG) agreed to acquire Medicaid assets from Phoenix Health Plans, Inc. The terms of the transaction were not disclosed. Phoenix Health Plans is a health maintenance organization that provides Medicare Advantage health plans and is based in Phoenix.    

12/31/2016 Ringler Associates, Inc. acquired the assets of Galaher Settlements and Insurance Services, Inc. from Sedgwick Claims Management Services, Inc. The terms of the transaction were not disclosed. Galaher offers structured claims settlement services and is based in Scottsdale.  

12/27/2016 GlyEco, Inc. (OTCPK:GLYE) signed an agreement to acquire WEBA Technology Corp. and a 96% stake in Recovery Solutions & Technologies Inc. for $5.3 million. GlyEco is a green chemistry company that collects and recycles waste glycol into a reusable product and is based in Phoenix. Recovery Solutions & Technologies produces and commercializes ethylene glycol and is based in Phoenix.  

M&A - Financial

12/7/2016 JLL Partners and Water Street Healthcare Partners acquired MedPlast, Inc. from Baird Capital Partners. The terms of the transaction were not disclosed. MedPlast provides integrated custom plastic processing solutions for finished medical devices and is based in Tempe.  

12/18/2016 Siris Capital Group, LLC agreed to acquire Mitel Mobility Inc. from Mitel U.S. Holdings, Inc. Pursuant to the terms of agreement, Siris will pay $350.0 million in cash, a $35.0 million non-interest bearing promissory note and an equity interest in Sierra Private Investments L.P. Mitel Mobility provides telecommunications networking solutions and is based in Mesa. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to Mitel U.S. Holdings.  

Private Placements

12/5/2016 The Center For Orthopedic And Research Excellence, Inc. announced that it will receive $14.0 million in a round of funding from two investors. The Center For Orthopedic And Research Excellence provides musculoskeletal and neurological care services and is based in Phoenix.    

12/7/2016 eVisit, Inc. announced that it will raise $5.0 million in a round of funding. As of December 19, 2016, the company received $4.4 million in funding from 57 investors. eVisit provides a telemedicine software that allows healthcare providers to connect with their patients for checking in post-operation or for medical condition diagnosing aspects and is based in Gilbert.  

12/22/2016 Solera Health, Inc. announced that it will receive $5.0 million in a round of funding from four investors. Solera Health operates as a technology-enabled healthcare services company and is based in Phoenix.     

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