Columbia West Capital News - Southwest Deal Intelligence
03.27.18 Arizona Deal Intelligence - February 2018


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  

2/1/2018 AMETEK, Inc. (NYSE:AME) acquired Arizona Instrument LLC for approximately $38.0 million. Arizona Instrument manufactures precision moisture analysis instruments and is based in Chandler.    

2/1/2018 Newscycle Solutions, Inc. acquired The Media Services Group, Ltd. The terms of the transaction were not disclosed. The Media Services Group designs and develops software for the publishing industry and is based in Scottsdale.    

2/5/2018 Inca Capital LLC acquired Scottsdale Private Lending, LLC. The terms of the transaction were not disclosed. Scottsdale Private Lending provides real estate loans and is based in Scottsdale. Inca Capital provides real estate financing services and is based in Scottsdale.    

2/6/2018 ComForCare Health Care Holdings LLC acquired CarePatrol Franchise Systems, Inc. The terms of the transaction were not disclosed. CarePatrol Franchise Systems operates as a franchised assisted living placement company and is based in Gilbert.    

2/9/2018 Olla LLC, dba PickleballCentral, acquired Pickleball Tournaments, LLC. The terms of the transaction were not disclosed. Pickleball Tournaments operates PickleballTournaments.com, a pickleball tournament management software providing tournament operations management, training, and consulting services, and is based in Sun City.    

2/9/2018 L.A.R.K. Industries, Inc., dba Residential Design Services and Commercial Design Services, acquired Greencraft Interiors Inc. The terms of the transaction were not disclosed. Greencraft Interiors is a general contractor, providing installation of flooring, cabinets, and countertops for residential customers, and is based in Phoenix.    

2/10/2018 Seeman Holtz Property and Casualty, Inc. acquired Senior Advisory Group of America Inc. The terms of the transaction were not disclosed. Senior Advisory Group of America offers insurance brokerage services for annuity and life insurance products and services and is based in Scottsdale.    

2/13/2018 Summit Behavioral Healthcare, LLC acquired Cottonwood De Tucson, Inc. The terms of the transaction were not disclosed. Cottonwood De Tucson operates an inpatient holistic behavioral health treatment and addiction rehabilitation center and is based in Tucson.    

2/15/2018 WebPT, Inc. acquired BMS Medical Management, Inc., dba BMS Reimbursement Management, Inc. The terms of the transaction were not disclosed. WebPT develops electronic medical record and practice management solutions for physical therapists, occupational therapists, and speech-language pathologists and is based in Phoenix.

2/21/2018 HealthCare, Inc. acquired Pivot Health. The terms of the transaction were not disclosed. Pivot Health provides health insurance products and services and is based in Phoenix.    

2/22/2018 Brown Transfer Company acquired Central Arizona Freight, Inc. The terms of the transaction were not disclosed. Central Arizona Freight engages in providing freight transportation services by road and is based in Phoenix.     

2/27/2018 Butterfly Enterprises, LLC acquired Modern Market. The terms of the transaction were not disclosed. Modern Market operates as a farm-to-table fast casual restaurant and is based in Phoenix. Davis Wright Tremaine LLP served as legal advisor to Modern Market.

2/28/2018 Envision Healthcare Corporation (NYSE:EVHC) acquired Chandler Radiology Associates LLP. The terms of the transaction were not disclosed. Chandler Radiology Associates provides radiology services and is based in Chandler.  

M&A - Financial  

2/2/2018 Virtus Partners, Inc. agreed to acquire a 70% stake in Sustainable Growth Advisers, LP from Estancia Capital Management LLC for $129.5 million. Estancia Capital Management is a private equity firm involved in buy-out investments and asset management and is based in Scottsdale.   

2/5/2018 Capital Dynamics Inc. agreed to acquire 8point3 Energy Partners LP (NASDAQ:CAFD) from First Solar Inc. (NASDAQ:FSLR) and other shareholders for approximately $1.7 billion. First Solar provides photovoltaic solar energy solutions and is based in Tempe. Baker Botts LLP and Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisors to 8point3, First Solar, and related entities.  

Private Placements

2/6/2018 Daisy Pharma Opioid Venture, LLC, dba Daisy Pharma, Inc., announced that it will receive $75.0 million in funding from an undisclosed investor. Daisy Pharma combines FDA-approved drugs into drug formulations known as fixed dose combinations (FDCs) and is based in Scottsdale.    

2/9/2018 IMH Financial Corporation announced that it has raised approximately $8.0 million through investment from JPMorgan Chase Funding Inc. IMH Financial operates as a real estate investment and finance company and is based in Scottsdale.    

2/12/2018 Vantage Point Consulting, LLC announced that it will receive $8.3 million from an undisclosed investor. Vantage Point Consulting provides business consulting services and is based in Phoenix.    

2/13/2018 KualiCo announced that it has received $10.0 million in a round of funding from new investor Owl Ventures. KualiCo offers open source administrative software solutions using SaaS technologies for higher education and is based in Scottsdale.  

2/19/2018 Black Dog Venture Partners has acquired a 10% stake in 6DAYS Productions. Black Dog Venture Partners provides venture capital consulting, corporate finance, business development, digital marketing, and publicity to growing companies and is based in Scottsdale.