Columbia West Capital News - Southwest Deal Intelligence
04.23.10 Utah Deal Intelligence - March 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. 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

3/19/2010 Rush Enterprises, Inc. (NasdaqGS: RUSH.B) entered into a definitive asset purchase agreement to acquire substantially all assets of Lake City International Trucks, Inc. from Edward S. Pace for $76.8 million in cash. Lake City Trucks retails commercial trucks and is based in Salt Lake City, Utah. Ray Quinney & Nebeker served as legal advisor to Lake City International Trucks.



3/23/2010 Turner Publishing Company acquired the publishing arm of Ancestry.com Inc. (NasdaqGS: ACOM). Ancestry.com operates as an online resource for family history for subscribers worldwide and is based in Provo, Utah.



M&A - Financial

3/23/2010 BAML Capital Partners acquired a majority stake in Provo Craft and Novelty, Inc. from Sorenson Capital. Provo Craft and Novelty manufactures and distributes craft, hobby, and education products for school projects and is headquartered in Spanish Fork, Utah.



3-31-2010 Compass Diversified Holdings (NasdaqGS: CODI), acquired Liberty Safe & Security Products, Inc. from National City Equity Partners, LLC and Catterton Partners. Liberty Safe & Security Products is based in Payson, Utah and manufactures and sells home, gun, office, and commercial safes in the United States.



Private Placements

3/5/2010 OrangeSoda, Inc. announced that it has raised an undisclosed amount of funding from Citysearch, Inc. The company has raised $7.5 million in funding previously. OrangeSoda, Inc. is based in American Fork, Utah and provides internet marketing services for small and medium-sized businesses.



3/13/2010 Nueva Esperanza signed an agreement to acquire a 49% stake in International Green N-ergy Corporation from Refill Energy, Inc. (OTCPK: REFG) for $10 million. International Green N-ergy Corporation is based in Woods Cross, Utah.



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