Columbia West Capital News - Southwest Deal Intelligence
02.17.10 Utah Deal Intelligence - January 2010


This report is prepared as a courtesy to the Utah business community by Columbia West Capital, LLC based on our research and information collected by our firm. This is the first edition of this report, and we anticipate monthly preparation and distribution. 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 assure 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

1/6/2010 AdvancedMD Software, Inc. has acquired PracticeOne, LLC. The financial terms of the deal were not disclosed. Draper-based AdvancedMD Software provides web-based medical practice management solutions for physician offices, management services organizations, and medical billing services. Shearman & Sterling served as legal advisor to Advanced Software.



1/26/2010 Emdeon Inc. (NYSE: EM) acquired FutureVision Technologies LLC for $60 million. Under the terms of the agreement, $20 million is to be paid in cash at closing with additional contingent payments of $0 to $40 million in cash based upon the financial performance of FutureVision Technologies over a three year period. FutureVision Technologies is headquartered in Salt Lake City and provides document imaging, digital conversion, and workflow management services.




Private Placements


1/13/2010 Remote MDx Inc. (OTCBB: RMDX) announced a private placement of 12,200 series D convertible preferred shares at $500 per share for gross proceeds of $6.1 million. Sandy-based RemoteMDx, markets and deploys offender management programs, combining patented global positioning system tracking technologies, intervention-based monitoring capabilities, and case management services in the United States. Druham Jones and Pinegar served as legal advisor to RemoteMDx.



1/21/2010 World Heart Corp. (NasdaqCM: WHRT) announced a private placement of 1.4 million shares at $5.15 per share for gross proceeds of $7.3 million. World Heart Corporation, based in Salt Lake City, manufactures, develops, commercializes, and distributes implantable ventricular assist devices. Cooley Godward Kronish served as legal advisor to World Heart Corporation.



For deal submissions, please contact Jordan Nelson at jnelson@columbiawestcap.com.