Columbia West Capital News - Southwest Deal Intelligence
05.26.17 Arizona Deal Intelligence - April 2017


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  

4/3/2017 Mistras Group, Inc. (NYSE:MG) acquired Semiray Inspection Services. The terms of the transaction were not disclosed. Semiray Inspection Services provides nondestructive services, chemical and special processes for the aerospace, military, electronics, and commercial manufacturing industries and is based in Phoenix.    

4/5/2017 Heraeus Holding GMBH agreed to acquire Graphite Machining Services & Innovations, LLC. The terms of the transaction were not disclosed. Graphite Machining Services & Innovations provides machining services and manufactures products made from graphite and carbon and is based in Tempe.    

4/9/2017 Knight Transportation, Inc. (NYSE:KNX) agreed to acquire Swift Transportation Company (NYSE:SWFT) for $3.0 billion. Knight Transportation, together with its subsidiaries, operates as a short-to-medium haul truckload carrier of general commodities and is based in Phoenix. Swift Transportation Company operates as a multifaceted transportation services company and is based in Phoenix. Fried, Frank, Harris, Shriver & Jacobson LLP is serving as legal advisor to Knight Transportation. Kirkland & Ellis LLP is serving as legal advisor to Swift Transportation Company.    

4/10/2017 Heffernan Insurance Brokers, Inc. acquired National Truck Services Group. The terms of the transaction were not disclosed. BCA Insurance Inc., doing business as National Truck Services Group, provides truck insurance and vehicle compliance agency services for trucking companies and is based in Phoenix.    

4/11/2017 Tiempo Development, LLC acquired Jaguar Labs Mobile Developers  S.A.P.I. de C.V. The terms of the transaction were not disclosed. Tiempo Development, a software development company, provides software development, deployment, and support services and is based in Tempe.    

4/13/2017 U-Haul International, Inc. agreed to acquire substantially all of the assets of Door to Door Storage, Inc. for $4.4 million. U-Haul International rents trucks, trailers, and towing devices to do-it-yourself movers and their households in North America and is based in Phoenix. Perkins Coie LLP is serving as legal advisor to U-Haul International.    

4/13/2017 AlphaGraphics, Inc. agreed to acquire Brand X. The terms of the transaction were not disclosed. 3AM Projects LLC, doing business as Brand X Custom T-Shirts, specializes in personalized apparel printing for unisex, ladies, and kids, as well as offers ready-to-wear items available for purchase from its flagship store and online and is based in Tempe.    

4/18/2017 PetSmart, Inc. agreed to acquire Chewy, Inc. The terms of the transaction were not disclosed. PetSmart, together with its subsidiaries, operates as a specialty retailer of products, services, and solutions for pets in the United States, Puerto Rico, and Canada and is based in Phoenix. Simpson Thacher & Bartlett LLP is serving as legal advisor to PetSmart. 

4/19/2017 Genuine Parts Company (NYSE:GPC) agreed to acquire Merle's Automotive Supply, Inc. The terms of the transaction were not disclosed. Merle's Automotive Supply owns and operates stores and car care centers and is based in Tucson.    

4/25/2017 Magnus Logistics Solutions, LLC acquired Candelaria Corporation. The terms of the transaction were not disclosed. Candelaria Corporation provides construction and logistics services to the United States Government and others and is based in Glendale. Jennings, Strouss & Salmon, PLC served as legal advisor to Albert Reggie Candelaria.

4/27/2017 Airgain, Inc. (NasdaqCM:AIRG) acquired substantially all of the assets of Antenna Plus, LLC for $6.4 million. Antenna Plus develops and manufactures antennas for cellular, PCS, GPS, Wi-Fi, and private radio frequencies and is based in Scottsdale.

4/27/2017 SAIFE Inc. acquired the assets of GreenZone Systems, Inc. The terms of the transaction were not disclosed. SAIFE develops software defined perimeter solutions that enable secure communications over the Internet and is based in Tempe.    

4/28/2017 Machine Solutions Inc. acquired SEBRA. The terms of the transaction were not disclosed. Machine Solutions develops, manufactures, and supplies process and testing equipment for catheter and stent manufacturers worldwide and is based in Flagstaff.

M&A - Financial

4/17/2017 Platinum Equity, LLC agreed to acquire American Traffic Solutions, Inc. The terms of the transaction were not disclosed. American Traffic Solutions provides traffic safety, mobility, and compliance solutions for state and local governments, commercial fleets, and rental car companies and is based in Mesa. O'Melveny & Myers LLP is serving as legal advisor to American Traffic Solutions.  

Private Placements

4/4/2017 PHS Technologies Group, LLC announced that it will receive funding from new investor Bracco Imaging S.p.A. PHS Technologies Group develops cumulative patient radiation dose monitoring software and is based in Scottsdale.    

4/6/2017 SOCI, Inc. announced that it has received $8.5 million in its Series A round of funding co-led by new investor Vertical Venture Partners and Grayhawk Capital, LLC. The transaction included participation from other new investors, Peninsula Ventures, Tallwave Capital, and Stanford University DAPER Fund. SOCI provides a social media management platform to address scalability issues faced by enterprises, multi-location brands, and service providers on social media and is based in San Diego. Grayhawk Capital is a venture capital firm based in Phoenix. Tallwave Capital is a venture capital firm based in Scottsdale.

4/12/2017 Parchment Inc. announced that it will receive $5.0 million in a round of funding. As of April 24, 2017, the company has received $ 2.5 million in its first tranche close from three investors. Parchment, an academic credentials management company, operates an eTranscript exchange community that connects high schools, community colleges, four year public and private universities, trade schools, and employers and is based in Scottsdale.    

4/17/2017 Southwestern Eye Center, Ltd. announced that it has received a strategic investment from H.I.G. Capital, LLC. The terms of the transaction were not disclosed. Southwestern Eye Center owns and operates a network of eye care centers in Arizona and New Mexico and is based in Mesa.  

4/17/2017 Barnet Dulaney Perkins Eye Center, P.L.L.C. announced that it has received funding from new investor H.I.G. Capital, LLC. The terms of the transaction were not disclosed. Barnet Dulaney Perkins Eye Center provides medical and surgical eye care services in Arizona and is based in Phoenix.