Columbia West Capital News - Southwest Deal Intelligence
09.25.18 Utah Deal Intelligence - August 2018


This report is prepared as a courtesy to the Utah 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

8/1/2018 BroadVoice, Inc. acquired YipTel, L.L.C. The terms of the transaction were not disclosed. Yiptel offers business voice, video, and data communication solutions and is based in Sandy.

8/1/2018 Leavitt Group Enterprises, Inc. acquired a majority stake in ComTech Specialty Group, Inc. The terms of the transaction were not disclosed. ComTech Specialty Group provides insurance brokerage solutions to the technology and communication sectors and is based in St. George. Leavitt Group provides insurance brokerage, risk management, and employee benefits solutions for businesses, industries, and individuals and is based in Cedar City.

8/2/2018 Global Payments Inc. (NYSE:GPN) acquired AdvancedMD, Inc. for $700.0 million. AdvancedMD provides cloud-based practice management, electronic health record, and medical scheduling software for medical practices and billing companies and is based in South Jordan.

8/3/2018 Bonneville International Corporation agreed to acquire eight radio stations in San Francisco and Sacramento from Entercom Communications Corp. (NYSE:ETM) and related entities for $141.0 million. Bonneville, a broadcast and digital media company, owns and operates radio stations in Seattle, Phoenix, Denver, and Salt Lake City and is based in Salt Lake City.

8/6/2018 C.H. Guenther & Son, Inc. acquired Cookietree, Inc., dba Cookietree Bakeries, Inc. The terms of the transaction were not disclosed. Cookietree Bakeries manufactures cookies for foodservice industries and is based in Salt Lake City.

8/6/2018 CarePoint Healthcare agreed to acquire Emergency Physicians Integrated Care, LLC. The terms of the transaction were not disclosed. Emergency Physicians Integrated Care offers healthcare services and is based in Salt Lake City.

8/7/2018 ADT Cybersecurity acquired Secure Designs, Inc. The terms of the transaction were not disclosed. ADT Cybersecurity provides cyber security services for mid-sized companies and is based in Park City.

8/8/2018 Nelson Laboratories, Inc. acquired Gibraltar Laboratories, Inc. Nelson Laboratories provides life-cycle microbiology testing services for medical device, pharmaceutical, and natural product industries and is based in Salt Lake City. Jones Day served as legal advisor to Nelson Laboratories.

8/14/2018 Sullivan, Inc. acquired Darren Gygi Home Collection. The terms of the transaction were not disclosed. Darren Gygi Home Collection manufactures paintings for home decorations and is based in Orem.

8/20/2018 Bristol Hospice, LLC acquired the Colorado operations from Suncrest Hospice LLC. The terms of the transaction were not disclosed. Bristol Hospice provides hospice healthcare services and is based in Salt Lake City.

8/21/2018 Bioworld Merchandising Inc. acquired Vandor, LLC. The terms of the transaction were not disclosed. Vandor designs and markets licensed consumer products, and gifts and memorabilia and is based in Salt Lake City.

8/29/2018 GoEngineer, Inc. acquired the 3D Printer VAR Business Unit of FATHOM. The terms of the transaction were not disclosed. GoEngineer distributes product design tools for customers in high tech, medical, machine design, energy, and other industries and is based in Salt Lake City.

8/30/2018 SEO Werkz LLC acquired Be Locally SEO. The terms of the transaction were not disclosed. Be Locally is a search engine optimization and Internet marketing company and is based in South Jordan. SEO Werkz provides search engine optimization and internet marketing services and is based in Draper.

M&A - Financial

8/6/2018 Webster Capital acquired Jean Brown Associates, Inc. The terms of the transaction were not disclosed. Jean Brown Associates operates as a medical research company and is based in Salt Lake City.

8/7/2018 Tower Arch Capital, Pear Orchard Partners and Kiinde management acquired Kiinde, LLC in a recapitalization transaction. The terms of the transaction were not disclosed. Tower Arch Capital is a private equity firm based in Draper. Choate, Hall & Stewart LLP served as legal advisor to Tower Arch Capital.

8/8/2018 Tower Arch Capital and management acquired Panoramic Doors, LLC in a recapitalization transaction. The terms of the transaction were not disclosed. Tower Arch Capital is a private equity firm based in Draper. Choate, Hall & Stewart LLP served as legal advisor to Tower Arch Capital.

Private Placements

8/7/2018  RiskRecon Inc. announced that it has received $25.0 million in its Series B round of funding led by new investor Accel Partners with participation from General Catalyst Partners, F-Prime Capital Partners and other investors. RiskRecon develops and markets online vendor security assessment solutions and is based in Salt Lake City.

8/7/2018  Nikola Motor Company announced that it will receive $200.0 million in its Series C round of funding. As of 8/7/2018 the company has received $100.0 million in its first tranche closing. Nikola Motor manufactures and markets electric vehicles and is based in Salt Lake City.

8/9/2018  t0.com, Inc. announced that it will receive $270.0 million from GSR Capital in exchange for an 18% stake in the company. t0.com, a subsidiary of Overstock.com, develops a distributed ledger platform for capital markets and is based in Salt Lake City.

8/20/2018  California Psychcare announced that it has received a round of funding from DW Healthcare Partners, a private equity and venture capital firm based in Park City.

8/29/2018  Bark Technologies, Inc. announced that it has received $9.0 million in its Series A round of funding led by new investor Signal Peak Ventures with participation from Two Sigma Ventures, Symmetrical Ventures LLC, and other investors. Signal Peak Ventures is a private equity and venture capital firm based in Salt Lake City.