Columbia West Capital News - Southwest Deal Intelligence
07.24.17 Arizona Deal Intelligence - June 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  

6/1/2017 Enterprise Security, Inc. agreed to acquire Preventronics. The terms of the transaction were not disclosed. Circuit-Tron Corporation, doing business as Preventronics, provides design-build and build-only security systems and systems integration involving closed circuit television, access control, alarm and fire detection, and gated entry systems and is based in Tucson.    

6/2/2017 EPCOR Water (USA) Inc. acquired Hughes Gas Resources, Inc. The terms of the transaction were not disclosed. EPCOR Water builds, owns, and operates water and wastewater treatment facilities in the southwestern United States and is based in Phoenix.

6/7/2017 Oakcreek Golf & Turf Inc. acquired Simpson Norton Corporation from The Toro Company. The terms of the transaction were not disclosed. Simpson Norton is a distributor of commercial turf maintenance and irrigation equipment, systems and parts to customers located in the southwestern United States and is based in Goodyear.    

6/7/2017 Nexus Technologies, Inc. acquired Arizona Internet, L.L.C. The terms of the transaction were not disclosed. Arizona Internet, L.L.C., doing business as CyberTrails, provides managed information technology services to small and mid-size businesses and is based in Phoenix.    

6/8/2017 Creative Brands acquired Stephan Baby. The terms of the transaction were not disclosed. Creative Brands manufactures, distributes, and imports gifts, inspirational products, and drinkware and is based in Phoenix.    

6/8/2017 Sharp Incentives LLC acquired Brand Source Incentives. The terms of the transaction were not disclosed. Sharp Incentives provides manufacturer's representative services and is based in Phoenix.    

6/13/2017 Clayton Nash Real Estate acquired the Houston division from Home Team of America. The terms of the transaction were not disclosed. Clayton Nash Real Estate provides residential real estate brokerage services and is based in Scottsdale.

6/15/2017 Reactive Group acquired Arraid, Inc. The terms of the transaction were not disclosed. Arraid manufactures wireless emergency notification systems and replacement data storage systems for legacy computer systems and is based in Phoenix.

6/16/2017 GlobalTranz Enterprises, Inc. acquired Worthington Logistics Solutions. The terms of the transaction were not disclosed. GlobalTranz provides freight management services for shippers in the United States and is based in Scottsdale.

6/22/2017 McKesson Specialty Health agreed to acquire intraFUSION, Inc. The terms of the transaction were not disclosed. McKesson Specialty Health distributes specialty drugs to physicians and other healthcare providers in the United States and is based in Scottsdale.

6/28/2017 Matrix Absence Management, Inc. acquired Partners Claims Services, Inc. The terms of the transaction were not disclosed. Matrix Absence Management provides absence management services, such as customized claim management of disability, workers' compensation, and family leave programs and is based in Phoenix.

6/30/2017 Streets of New York, Inc. acquired New York Pizza 3:16 LLC. Streets of New York is a full-service, franchised, casual dining, NY-themed pizza, pasta and sub restaurant with 26 valley locations, including 2 in Prescott and 2 in Las Vegas. New York Pizza 3:16 is located at 1959 S. Signal Butte Road, Mesa, AZ 85209. Squire Patton Boggs served as legal advisor to Streets of New York.

M&A - Financial

6/20/2017 Global Environment Fund acquired GRO-WELL Brands Inc. The terms of the transaction were not disclosed. GRO-WELL Brands manufactures and markets natural and organic lawn and garden care products in the Western United States and is based in Tempe. Morrison Cohen LLP served as legal advisor to GRO-WELL Brands.

Private Placements

6/2/2017 NOCIRA, LLC announced that it will receive $7.5 million in funding. As of June 29, 2017, the company has received $5.1 million in its first tranche from 19 investors. NOCIRA operates in the healthcare industry and is based in Tempe.

6/5/2017 Rion LLC announced that it will receive $9.3 million in funding. As of June 29, 2017, the company has received $5.2 million in its first tranche from 22 investors. Rion, doing business as Krispy Kreme, retails bakery products and is based in Mesa.

6/13/2017 Trusona Inc. announced that it has received $10.0 million in a Series B funding round led by Microsoft Accelerator. Trusona develops a category-defining identity and authentication device which helps ensure the identity of the person on the other side of the login and is based in Scottsdale.

6/15/2017 Zero Mass Water, Inc. announced that it will receive $12.0 million in funding. As of June 22, 2017, the company has received $3.8 million in its first tranche from four investors. Zero Mass Water develops equipment that uses solar energy to produce potable water and is based in Scottsdale.

6/19/2017 Carrier Enterprise, LLC acquired a 35% ownership interest in Russell Sigler, Inc. for $63.6 million. Russell Sigler, Inc. operates as an independent distributor for HVAC products for residential, heavy commercial, and industrial customers and is based in Tolleson. Jennings, Strouss & Salmon, PLC served as legal advisor to Russell Sigler, Inc.

6/19/2017 Ronn Motor Group, Inc. announced that it will receive $10.0 million in funding. As of July 7, 2017, the company has received $350,000 in its first tranche from two investors. Ronn Motor Group designs and manufactures cars and is based in Scottsdale.

6/29/2017 Vector Space Systems announced that it has received $21.0 million in a Series A round of funding led by new investor Sequoia Capital. Vector Space Systems develops a launch vehicle that provides access to space for satellites and is based in Tucson.

6/29/2017 Innovative Health LLC announced that it will receive $5.0 million in a round of funding from five investors. Innovative Health reprocesses medical devices and is based in Scottsdale.

6/30/2017 Solera Health, Inc. announced that it will receive $18.3 million in a Series B round of funding led by new investor Adams Street Partners, LLC. Solera Health operates as a technology-enabled healthcare services company and is based in Phoenix.