Columbia West Capital News - Southwest Deal Intelligence
07.23.17 Utah Deal Intelligence - June 2017


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  

6/2/2017 Leavitt Partners, LLC acquired substantially all of the assets of BLIS, Inc. The terms of the transaction were not disclosed. Leavitt Partners provides healthcare consulting services and is based in Salt Lake City. Dorsey & Whitney served as legal advisor to Leavitt Partners.    

6/7/2017 CROE, INC. acquired The Crypto Company for $25.3 million. CROE develops and markets sports bras and fitness apparel and is based in Draper.    

6/9/2017 ORBCOMM Inc. (NasdaqGS:ORBC) acquired inthinc, inc. for $60.1 million. Inthinc develops telematics solutions to impact driver behavior, reduce crashes, increase fleet productivity, improve fuel mileage, and reduce emissions worldwide and is based in Salt Lake City. Haynes and Boone, LLP served as legal advisor to inthinc.    

6/12/2017 Appiphany Technologies Holdings Corp. agreed to acquire all assets of ARALOC from Modevity, LLC. The terms of the transaction were not disclosed. Appiphany Technologies offers online brand protection and internet monitoring services and is based in Salt Lake City.    

6/13/2017 An affiliate of iSolved Network, LLC completed a majority equity purchase and recapitalization of JobMatch, LLC d/b/a Applicant Pro. The terms of the transaction were not disclosed. Applicant Pro is an integrated applicant tracking system based in Eagle Mountain. Durham Jones & Pinegar, P.C. served as legal advisor to JobMatch.    

6/13/2017 BSN Sports, Inc. acquired Academy Sports, Inc. The terms of the transaction were not disclosed. Academy Sports distributes sporting goods, apparel, and accessories and is based in Midvale.    

6/22/2017 NorthMarq Capital, Inc. acquired Western Capital Realty Advisors, LC. The terms of the transaction were not disclosed. Western Capital Realty Advisors provides for debt and equity needs for its clients through a network of correspondent financial institutions in commercial real estate transactions and is based in Salt Lake City.    

6/28/2017 Pacific Stock Transfer Company acquired Fidelity Transfer Company. The terms of the transaction were not disclosed. Fidelity Transfer Company is a stock transfer agent based in Sandy.    

6/29/2017 Marquis Software Solutions, Inc. acquired DocuMatix, LLC. The terms of the transaction were not disclosed. DocuMatix develops a communication software platform to conduct marketing operations and is based in Draper.    

6/29/2017 An undisclosed buyer acquired all of the Five Guys® restaurants located in Utah and Idaho. The terms of the transaction were not disclosed. Durham Jones & Pinegar, P.C. served as legal advisor to the seller.    

6/30/2017 CertainTeed Corporation acquired assets of SimTek Fence, Inc. The terms of the transaction were not disclosed. SimTek Fence manufactures plastic, granite stone, and knotty pine wood fence products and is based in Orem.  

6/30/2017 CareMeridian, LLC acquired Country Life Care Centers, Inc. The terms of the transaction were not disclosed. Country Life Care Centers provides respiratory care and intensive nursing services for children and adults recovering from catastrophic injury or illness and is based in Riverton. Durham Jones & Pinegar, P.C. served as legal advisor to Country Life Care Centers.  

Private Placements  

6/1/2017 Bright Health Inc. announced that it has received $160.0 million in its Series B round of funding from Cross Creek Advisors and other investors. Cross Creek Advisors is a venture capital firm based in Salt Lake City.    

6/1/2017 RiskRecon Inc. announced that it has received $12.0 million in its Series A round of funding led by new investors Dell Technologies Capital and F-Prime Capital Partners. RiskRecon develops and markets online vendor security assessment solutions and is based in Salt Lake City.    

6/5/2017 Vivint Solar, Inc. (NYSE:VSLR) announced that it will receive $100.0 million in a round of funding from two repeat investors. Vivint Solar provides distributed solar energy to residential, commercial, and industrial customers and is based in Lehi.    

6/15/2017 Scopely, Inc. announced that it has received $60.0 million in its Series C round of funding from Cross Creek Advisors and other investors. Cross Creek Advisors is a venture capital firm based in Salt Lake City.    

6/21/2017 Pillow Homes, Inc. announced that it has received $13.5 million in a round of funding from Peak Capital Partners, LLC and other investors. Peak Capital Partners is a real estate investment firm based in Provo.    

6/22/2017 Crystal Peak Minerals Inc. (TSXV:CPM) announced that it will receive $12.0 million in funding from EMR Capital. Crystal Peak Minerals focuses on the production and sale of specialty fertilizers and is based in Salt Lake City.  

6/28/2017 ProSteel Security Products, Inc. received a round of funding from investors including Promus Equity Partners, LLC and City Capital Ventures, LLC. The terms of the transaction were not disclosed. ProSteel Security Products manufactures and distributes steel residential and commercial security doors, vault doors, and tornado doors for safe or panic rooms, home vault and storage rooms, storm shelters, and secure data storage rooms and is based in Provo.