Columbia West Capital News - Southwest Deal Intelligence
10.25.17 Arizona Deal Intelligence - September 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  

9/6/2017 Tabula Rasa Healthcare, Inc. (NasdaqGM:TRHC) acquired SinfoníaRx, Inc. for $131.5 million. SinfoníaRx provides medication management services and is based in Tucson. Hecker PLLC served as legal advisor to the shareholders of Sinfonia.    

9/6/2017 JustKapital Limited (ASX:JKL) signed a conditional purchase agreement to acquire 70% in National Health Finance, DM, LLC for $68.0 million. National Health Finance is a medical lien and finance company that facilitates health services to accident victims on a lien basis and is based in Chandler.    

9/12/2017 CopperPoint Mutual Insurance Company agreed to acquire Pacific Compensation Insurance Company from Alleghany Insurance Holdings LLC for $150.0. CopperPoint Mutual Insurance provides workers' compensation insurance to businesses and their employees and is based in Phoenix.    

9/12/2017 Mister Car Wash, Inc. acquired Car Wash Express, Inc. The terms of the transaction were not disclosed. Mister Car Wash offers car wash services, maintenance, lube, and repair services and is based in Tucson.    

9/13/2017 HealthSplash Inc. acquired DMERX (Power Mobility Doctor Rx, LLC). The terms of the transaction were not disclosed. Power Mobility Doctor Rx develops and operates multi-faceted technology platform for patient assessment and documentation compliance and is based in Glendale.    

9/14/2017 Nobilis Health Corp. (NYSE American: HLTH) acquired DeRosa Medical, P.C. Nobilis is a full-service healthcare development and management company with 24 locations across Texas and Arizona. DeRosa Medical is a primary care practice with locations in Scottsdale, Chandler and Glendale. Weiss Brown served as legal advisor to DeRosa Medical.

9/18/2017 A subsidiary of GTT Communications, Inc. (NYSE: GTT) acquired Global Capacity from Pivotal Group, Inc. for $100.0 million and 1,850,000 shares of stock. Pivotal Group is an investment company headquartered in Phoenix. Squire Patton Boggs served as legal advisor to Pivotal Group.    

9/20/2017 Pacific Office Automation Inc. acquired Trans-West Network Solutions Inc. The terms of the transaction were not disclosed. Trans-West manufactures phone systems and related equipment and is based in Phoenix.    

9/22/2017 Kurt Riske and Geoff Schuman acquired Los Sombreros Restaurants, Inc. The terms of the transaction were not disclosed. Los Sombreros owns and operates restaurants in Arizona and is based in Scottsdale.    

9/22/2017 Oregon Potato Co. entered into a definitive asset purchase agreement to acquire Rader Farms Inc. and Willamette Valley Fruit Company, LLC from Inventure Foods, Inc. (NasdaqGS:SNAK) for $50.0 million. Inventure Foods manufactures and markets healthy/natural and indulgent specialty snack food products in the United States and internationally and is based in Phoenix. DLA Piper LLP (US) served as the legal advisor to Inventure Foods.  

9/29/2017 Insight Enterprises, Inc. (NasdaqGS:NSIT) acquired Caase Services B.V. The terms of the transaction were not disclosed. Insight Enterprises provides information technology hardware, software, cloud, and service solutions for business, government, healthcare, and educational clients and is based in Tempe.  

Private Placements

9/11/2017 Cancer Prevention Pharmaceuticals, Inc. announced that it has received $5.0 in funding from returning investor Sucampo Pharmaceuticals, Inc. (NasdaqGM:SCMP). Cancer Prevention Pharmaceuticals is a clinical-stage biopharmaceutical company that develops and commercializes therapeutic agents for the treatment and prevention of certain diseases and is based in Tucson.    

9/14/2017 Mikey's announced that it has received $5.0 million in a round of funding from new investor Factory LLC. Mikey's is a gluten-free baked food company based in Scottsdale.

9/25/2017 The University of Phoenix, Inc. announced that it has received $23.0 million from 40 investors. The University of Phoenix is an educational institution that offers undergraduate, graduate, and doctoral programs and is based in Tempe.  

9/25/2017 StateServ Medical, LLC announced that it has received an equity funding from Blue Wolf Capital Partners LLC. The terms of the transaction were not disclosed. StateServ Medical provides durable medical equipment (DME), DME services, and DME software for the hospice industry and is based in Tempe.