Columbia West Capital News - Southwest Deal Intelligence
08.04.08 Arizona Deal Intelligence - July 2008


M&A - Strategic


7/7/08 TCV Group, Inc. announced its intention to acquire certain assets of Syntax-Brillian Corporation (OTCPK:BRLC.Q) for $60 million. Syntax-Brillian engages in the design, development, and distribution of high-definition televisions (HDTVs) utilizing liquid crystal display (LCD) and liquid crystal on silicon (LCoS) technologies. Syntax-Brillian is based in Tempe, Arizona and has retained Greenberg Traurig, LLP as legal counsel.



7/7/08 Ensynch, Inc. announced its intention to acquire eBI Solutions, LLC for an undislcosed amount. Ensynch is a Tempe, Arizona-based information technology (IT) consulting company providing businesses with IT infrastructure, IT staffing, and data center managed services.



7/7/08 OneNeck IT Services, Corporation announced it closed the acquisition of Ensynch's Managed Hosting Business Unit for an undisclosed amount. The Managed Hosting Business Unit comprises data center and skilled technical resources and is based in Tempe, Arizona.



7/10/08 Insight Enterprises Inc. (NasdaqGS:NSIT) announced it closed the acquisition of Minx Ltd. for $6.8 million. Insight provides brand-name information technology hardware, software, and services to large enterprises, small- to medium-sized businesses, and public sector institutions in North America, Europe, the Middle East, Africa, and Asia-Pacific. Insight is headquartered in Tempe, Arizona.



7/10/08 Copper Moon Coffee, LLC announced it closed the acquisition of Copper Moon Refreshment Services from Crystal Food Services, LLC for an undisclosed amount. Copper Moon Refreshment Services provides coffee and related products and services. Copper Moon is based in Tucson, Arizona.



7/14/08 BKM Technology Partners, LLC announced it closed the acquisition of RVSI Inspection, LLC from Rudolph Technologies Inc. (NasdaqGS:RTEC) for an undisclosed amount. BKM distributes semi-conductor products and provides marketing, support, and spare parts for products. BKM is based in Phoenix, Arizona.



7/14/08 IMPRESS Public Relations, Inc. announced its intention to acquire Smithco Marketing + Communications Inc. for an undisclosed amount. IMPRESS is based in Phoenix, Arizona and provides public relations agency services for the semiconductor and related industries.



7/14/08 American Residential Services LLC announced it closed the acquisition of Goettl Air Conditioning, Inc. for an undisclosed amount. Based in Tempe, Arizona, Goettl constructs new and custom homes in the United States, remodels and makes additions to homes, and manufactures and supplies indoor air quality products and accessories to residential and commercial customers.



7/14/08 RSC Equipment Rental announced it closed the acquisition of American Equipment Rentals LLC for an undisclosed amount. RSC engages in short-term rental of equipment, including ancillary sales of parts, supplies, and equipment, through a network of rental locations throughout the United States. RSC is headquartered in Scottsdale, Arizona. Legal advisor to RSC was Squire, Sanders & Dempsey L.L.P.



7/16/08 ON Semiconductor Corp. (NasdaqGS:ONNN) announced its intention to acquire Catalyst Semiconductor, Inc. (NasdaqGM:CATS) for $105.41 million. ON engages in the design, manufacture, and marketing of power and data management semiconductors, and standard semiconductor components worldwide. ON is based in Phoenix, Arizona and has retained DLA Piper US LLP as its legal counsel for the transaction.




M&A - Financial

7/8/08 Pacific Coast Capital Partners, LLC and DiNapoli Capital Partners announced it closed the acquisition of Hyatt Regency Phoenix from Strategic Hotels & Resorts, Inc. (NYSE:BEE) for $96.0 million. Hyatt Regency Phoenix operates as a hotel in Phoenix, Arizona.



7/11/08 Najafi Companies announced its intention to acquire Bertelsmann Direct North America, Inc. from Bertelsmann AG for an undisclosed amount. Najafi Companies is a private equity firm in Phoenix, Arizona that specializes in acquisitions and middle market investments. Ballard Spahr Andrews & Ingersoll, LLP has been retained as legal counsel for Najafi.



7/28/08 Insight Equity announced its intention to acquire Meadow Valley Corp. (NasdaqCM:MVCO) for $88.78 million. Meadow Valley is based in Phoenix, Arizona and operates in the construction industry in the United States. Meadow Valley has retained DLA Piper US LLP as legal counsel for the transaction.




Private Placements

7/28/08 Flypaper Studio, Inc., an innovator of rich media content creation software, announced it closed a $3.5 million financing from Sierra Ventures of Menlo Park, California, and SCF Arizona of Phoenix, Arizona. Flypaper is based in Phoenix, Arizona. Osborn Maledon, PA, is counsel to Flypaper Studios.