Columbia West Capital News - Southwest Deal Intelligence
07.25.18 Arizona Deal Intelligence - June 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

6/1/2018 Republic Services, Inc. (NYSE:RSG) agreed to acquire Industrial Waste & Debris Box Rentals, Inc., dba Industrial Carting. The terms of the transaction were not disclosed. Republic Services, together with its subsidiaries, provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services and is based in Phoenix.

6/2/2018 Natural Partners, Inc. agreed to acquire Healthy Web Inc., dba FullScript. The terms of the transaction were not disclosed. Natural Partners is a distributor of vitamins and natural supplements to practitioners and is based in Scottsdale.

6/4/2018 US LBM Holdings, Inc. acquired R & K Building Supplies, Inc. The terms of the transaction were not disclosed. R & K Building Supplies is engaged in the business of distribution of doors, insulation, lumber, trusses and windows and is based in Gilbert.

6/6/2018 Proteor SA agreed to acquire Ability Dynamics, L.L.C. The terms of the transaction were not disclosed.  Ability Dynamics creates prosthetics for high-level K3 and K4 patients and is based in Tempe. Weiss Brown is serving as legal advisor to Ability Dynamics.

6/7/2018 Taylor Morrison Home Corporation (NYSE:TMHC) agreed to acquire AV Homes, Inc. (NasdaqGS:AVHI) for $956.7 million. AV Homes engages in homebuilding and community development businesses and is based in Scottsdale. Taylor Morrison operates as a public homebuilder and is based in Scottsdale. Wachtell, Lipton, Rosen & Katz LLP is serving as legal advisor to AV Homes. Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal advisor to Taylor Morrison.

6/7/2018 FogChain Corp. (CNSX:FOG) agreed to acquire the RadJav rapid application development platform and other assets from Higher Edge Software, LLC for $5.0 million. Higher Edge Software develops a blockchain-based application development platform and is based in Chandler.

6/11/2018 ARC Group Inc. and affiliates agreed to acquire Tilted Kilt Pub and Eatery LLC. The terms of the transaction were not disclosed. Tilted Kilt Pub and Eatery operates and franchises sports pubs in the United States and Canada and is based in Tempe.

6/12/2018 Barnet Dulaney Perkins Eye Center, P.L.L.C. acquired Miles Eye Center, PLLC. The terms of the transaction were not disclosed. Miles Eye Center provides medical and surgical eye care services and is based in Show Low. Barnet Dulaney Perkins Eye Center provides medical and surgical eye care services and is based in Phoenix.

6/13/2018 Westland Distributing Partners, LLC acquired Arizona Home Supply Inc. The terms of the transaction were not disclosed. Arizona Home Supply distributes equipment and parts for mobile homes and is based in Phoenix.

6/14/2018 PLAYTRI Franchising LLC acquired Endurance House International LLC. The terms of the transaction were not disclosed. Endurance House operates a chain of retail stores to provide guest services for runners, triathletes, swimmers, bikers, and walkers and is based in Tucson.

6/19/2018 Mister Car Wash, Inc. acquired four Clean Machine Car Wash locations in Albuquerque, New Mexico. The terms of the transaction were not disclosed. Mister Car Wash offers car wash, maintenance, lube, and repair services and is based in Tucson. Clean Machine Car Wash offers car wash services and is based in Scottsdale.

6/19/2018 United Claim Solutions, LLC acquired Zebu Compliance Solutions. The terms of the transaction were not disclosed. United Claim Solutions develops payment integrity solutions for third party administrators, self-insured groups, labor and trust organizations, stop-loss carriers, and health plans and is based in Phoenix.

6/25/2018 Trax Technologies, Inc. acquired Veraction, LLC. The terms of the transaction were not disclosed. Trax Technologies provides SaaS-based technologies for logistics business intelligence and is based in Scottsdale. Wilson Sonsini Goodrich & Rosati, Professional Corporation served as legal advisor to Trax Technologies.

6/25/2018 Centauri Health Solutions, Inc. acquired NHI Billing Services, Inc. The terms of the transaction were not disclosed. NHI Billing Services offers out-of-state Medicaid account management services and is based in Phoenix. Centauri Health Solutions designs and develops cloud-based software and comprehensive data management solutions for risk adjustment and quality-based revenue programs and is based in Scottsdale. Radix Law served as legal advisor to NHI Billing Services. Weiss Brown served as legal advisor to Centauri Health Solutions.

6/28/2018 Impact Group acquired Co-Sales Company. The terms of the transaction were not disclosed. Co-Sales operates as a grocery broker and is based in Phoenix.

6/28/2018 NextCare Arizona, LLC acquired the assets of DRX Arizona I, LLC. The terms of the transaction were not disclosed. DRX operated Phoenix Urgent Care, an urgent care practice offering physicals and labs. NextCare provides urgent care and occupational medicine services and is based in Mesa. Jennings, Strouss & Salmon, PLC served as legal advisor to DRX.

6/30/2018 Troon Golf, L.L.C. acquired Cliff Drysdale Management. The terms of the transaction were not disclosed. Troon Golf operates as a golf management, development, and marketing company and is based in Scottsdale. Jennings, Strouss & Salmon, PLC served as legal advisor to Troon Golf.

M&A - Financial

6/5/2018 The Jordan Company, L.P. agreed to acquire GlobalTranz Enterprises, Inc. The terms of the transaction were not disclosed. GlobalTranz provides freight management services for shippers and is based in Scottsdale. Weil, Gotshal & Manges LLP served as legal advisor to GlobalTranz.

Private Placements

6/11/2018 NuPulse Inc. announced that it will receive $25.0 million in a round of funding. As of June 22, 2018, the company has received $4.5 million in its first tranche from 13 investors. NuPulse develops and manufactures a medical device to treat patients with heart failure and is based in Tucson.

6/21/2018 Verra Mobility Corporation announced that it will receive a private placement of $400.0 million, led by Alec Gores, Chairman and CEO of The Gores Group, LLC as part of its $2.4 billion reverse merger with Gores Holdings II, Inc., a special purpose acquisition company sponsored by an affiliate of The Gores Group. Verra Mobility will become a publicly traded company and at close Platinum Equity and other minority shareholders of Verra Mobility expect to hold 42% of the public Verra Mobility, subject to various purchase price adjustments. Verra Mobility Corporation provides transportation solutions and is based in Mesa.

6/26/2018 Codelucida, Inc. announced that it has received an undisclosed amount of funding from new investor UAVenture Capital, LLC. Codelucida develops customized low density parity-check based error correction solutions for the storage and communications industry and is based in Tucson. UAVenture Capital is a venture capital firm specializing in early stage and growth capital investments and is based in Tucson.