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

12/1/2016 American Home Shield Corporation acquired Landmark Home Warranty, LLC. The terms of the transaction were not disclosed. Landmark Home Warranty provides home warranties for residential properties and is based in South Jordan.    

12/2/2016 Flexan LLC acquired MEDRON Inc. The terms of the transaction were not disclosed. MEDRON develops, engineers, and manufactures percutaneous catheters and related medical devices for original equipment manufacturers and is based in Salt Lake City.

12/2/2016 DNA Diagnostics Center, Inc. acquired Identigene, L.L.C. from Sorenson Genomics, LLC. The terms of the transaction were not disclosed. Identigene provides DNA paternity testing laboratory services and is based in Salt Lake City. Sorenson Genomics provides DNA paternity testing laboratory services and is based in Salt Lake City.    

12/5/2016 GTN Limited (ASX:GTN) agreed to acquire assets of Radiate Media Holding Company for $15.0 million. Radiate Media provides software and services that enable local media and businesses to find and capture audiences and is based in Salt Lake City.    

12/6/2016 Dasheroo, Inc. acquired FreshLime Inc. The terms of the transaction were not disclosed. FreshLime provides a marketing automation, customer engagement, and attribution platform for local businesses and is based in Lehi.    

12/6/2016 Vision Solar, LLC agreed to acquire Zing Solar, LLC. The terms of the transaction were not disclosed. Vision Solar designs and installs custom solar systems and is based in Provo. Zing Solar installs solar energy systems and is based in Draper.

12/9/2016 VESTA Housing Solutions, LLC agreed to acquire assets of M Space Holdings, LLC for $14.0 million. M Space is a modular general contractor and producer of prefabricated building materials and is based in Park City. Holland & Hart LLP is serving as legal advisor to M Space.                 

12/12/2016 De La Rue plc (LSE:DLAR) agreed to acquire DuPont Holographics, Inc. from E. I. du Pont de Nemours and Company (NYSE:DD) for $25.0 million. DuPont Holographics aka DuPont Authentication is a producer of photopolymer holographic products and films and is based in Logan.    

12/14/2016 Origami Risk LLC acquired Claimwire L.L.C. The terms of the transaction were not disclosed. Claimwire owns and operates Claimwire.com, a website that provides critical forms, compliance resources, and comprehensive insight to workers compensation professionals, employers, and injured workers. Claimwire is based in Farmington.    

12/16/2016 American Natural Gas, LLC acquired Questar Fueling Company from Dominion Questar Corporation. The terms of the transaction were not disclosed. Questar Fueling Company owns and operates compressed natural gas fueling stations that provide high-speed fueling lanes for medium and heavy-duty truck operators, and light-duty vehicles and is based in Salt Lake City. Dominion Questar operates as an integrated natural gas company and is based in Salt Lake City.  

12/21/2016 Dainippon Sumitomo Pharma America Holdings, Inc. agreed to acquire Tolero Pharmaceuticals, Inc. for $780.0 million. Tolero, a biopharmaceutical company, discovers and develops novel therapeutics to treat cancer and other human diseases and is based in Lehi. Wilson Sonsini Goodrich & Rosati is serving as legal advisor to Tolero.  

M&A - Financial

12/1/2016 DW Healthcare Partners and Linden LLC acquired Edge Systems LLC from Weston Presidio, Main Post Partners and others. The terms of the transaction were not disclosed. DW Healthcare is a private equity and venture capital firm based in Park City. Kirkland & Ellis LLP and Paul Hastings LLP served as legal advisors to DW Healthcare and Linden.  

Private Placements  

12/7/2016 Finicity Corporation announced that it has received $42.0 million in its Series B round of funding led by new investor Experian Information Solutions, Inc. and including participation from existing investors. Finicity Corporation develops a cloud-based financial software platform and is based in Murray.    

12/15/2016 Questar Gas Company announced that it has entered into a note purchase agreement with lenders for private placement of notes for gross proceeds of $100.0 million. Questar Gas is a natural gas distributor and is based in Salt Lake City. Stoel Rives LLP served as legal advisor to Questar Gas.  

12/20/2016 QuickClass, Inc. announced that it will receive $6.9 million in a round of funding. QuickClass provides online learning to improve students' understanding of basic academic concepts and is based in Provo.     

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