Columbia West Capital News - Southwest Deal Intelligence
12.20.17 Arizona Deal Intelligence - November 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

11/3/2017 RCSH Operations, Inc. agreed to acquire six franchised Ruth Chris Steak House restaurants in Hawaii from Desert Island Restaurants, LLC for $35.0 million. Desert Island Restaurants owns and operates restaurants and is based in Scottsdale.

11/6/2017 McKesson Specialty Health agreed to acquire RXC Acquisition Company from CVS Health Corporation (NYSE:CVS) for approximately $735.0 million. McKesson Specialty Health distributes specialty drugs to physicians and other healthcare providers in the United States and is based in Scottsdale.

11/8/2017 SuperShuttle International, Inc. acquired Supreme Airport Shuttle. The terms of the transaction were not disclosed. SuperShuttle provides shared-ride airport shuttle services and is based in Phoenix.

11/9/2017 National Waste Partners, a portfolio company of Bestige Holdings, LLC, announced that it has purchased J-Mec, Inc. from its owners and founders, Jim and Michelle Mechler. Terms of the transaction were not disclosed. National Waste Partners, through its various subsidiaries, provides compactor and baler rentals, repair, and waste coordination services and is based in Phoenix. Weiss Brown served as legal advisor to National Waste Partners.

11/12/2017 Cambridge Spa Group acquired eight Massage Envy franchise locations in Nevada and California from Massage Envy Franchising, LLC. Massage Envy provides therapeutic massage and spa services in the United States and is based in Scottsdale.

11/13/2017 CIM Group, LLC agreed to acquire Cole Capital Advisors, Inc. from VEREIT Operating Partnership, L.P for $120.0 million. Cole Capital Advisors is a privately owned investment manager and is based in Phoenix.

11/13/2017 Strategic Risk Solutions Inc. acquired The CGE Group of Companies. The terms of the transaction were not disclosed. Strategic Risk Solutions is an onshore and offshore captive manager that provides management and consulting services to the captive insurance industry in the United States and internationally and is based in Scottsdale.

11/17/2017 Res-Care Inc. acquired A Place To Call Home, Inc. The terms of the transaction were not disclosed. A Place To Call Home owns and operates care homes for children and is based in Mesa.

11/20/2017 Schuff Steel Company, Inc. agreed to acquire assets of Mountain States Steel, Inc. The terms of the transaction were not disclosed. Schuff Steel Company provides steel fabrication services in the United States and is based in Phoenix.

11/20/2017 U.S. Dermatology Partners acquired Medical Dermatology Specialist. The terms of the transaction were not disclosed. Medical Dermatology Specialist provides general and surgical dermatology services and is based in Phoenix.

11/21/2017 Centuri Construction Group, Inc. acquired New England Utility Constructors, Inc. The terms of the transaction were not disclosed. Centuri Construction Group provides energy construction services to commercial and municipal customers in North America and is based in Phoenix.

11/22/2017 Breaking Media, Inc. agreed to acquire Evolve Law LLC. The terms of the transaction were not disclosed. Evolve Law owns and operates an online platform that delivers technology services to law firms, law students, and in-house counsels and is based in Phoenix.

11/28/2017 Kazzit Inc. acquired Syndical Inc. The terms of the transaction were not disclosed. Kazzit operates an online wine community that connects wineries, vineyards, restaurateurs, collectors, and enthusiasts in the United States and internationally to help share information about services, products, experiences, and consumer needs and is based in Phoenix.

11/30/2017 Waste Management of Arizona, Inc. acquired Southwest Waste Services, Inc. and Prescott Valley C&D Landfill, Inc. The terms of the transaction were not disclosed. Waste Management of Arizona offers commercial trash collection and recycling options in areas throughout Arizona and is based in Phoenix. Southwest Waste is a waste and recycling company based in Mesa. Prescott Valley C&D Landfill provides waste collection and landfill services and is based in Prescott Valley. Snell & Wilmer served as legal advisor to Southwest Waste Services and Prescott Valley C&D Landfill.

M&A - Financial

11/6/2017 Oakley Capital Private Equity III-A L.P., managed by Oakley Capital Investments Limited (AIM:OCI), agreed to acquire Apollo Global Germany GmbH from Apollo Education Group, Inc. Oakley Capital will invest $99.8 million into the business. Apollo Education Group provides online private education services in the United States and internationally and is based in Phoenix.

Private Placements

11/6/2017 Esja Attractions ehf. announced that it has received an equity round of funding from new investor Viad Corp (NYSE:VVI). Viad operates as an experiential services company in the United States, Canada, the United Kingdom, continental Europe, and the United Arab Emirates and is based in Phoenix.

11/15/2017 Allbound, Inc. announced that it has received a round of funding led by existing investor Canal Partners, LLC and included Tallwave Capital. Canal Partners is a venture capital firm specializing in investing in a variety of internet and software as a service businesses with a focus on consumer service and is based in Scottsdale. Tallwave Capital is a venture capital firm specializing in investments in seed and early stage technology companies and is based in Scottsdale.

11/29/2017 Upward Projects, LLC announced that it has received funding from new investor Brentwood Associates, Inc. Upward Projects operates restaurants that offer wines, beers, cocktails, and food and is based in Phoenix.