Columbia West Capital News - Southwest Deal Intelligence
08.27.10 Utah Deal Intelligence - July 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

7/1/2010 Sikorsky Support Services, Inc. acquired LifePort, Inc. from Sorenson Capital for an undisclosed amount. Sorenson Capital is a private equity and venture capital firm located in Lehi, Utah specializing in small to middle market buyouts and growth capital investments.


7/12/2010 Gurtler Industries, Inc. acquired AuroraChem West for an undisclosed amount. Based in Salt Lake City, Utah, AuroraChem West manufactures and distributes specialty laundry chemicals and services for the hospitality, healthcare, linen supply, and industrial laundry sector.


7/15/2010 Ancestry.com Inc. (NasdaqGS: ACOM) acquired Genline AB (OM: GENL) for $6.7 million in cash. Ancestry.com operates as an online resource for family history for subscribers worldwide and is headquartered in Provo, Utah. Danowsky & Partners Advokatbyrå KB served as legal advisor to Genline. Mannheimer Swartling served as legal advisor to Ancestry.com


7/21/2010 General Motors Holdings LLC entered into a definitive agreement to acquire AmeriCredit Corp. (NYSE: ACF) from Leucadia National Corp. (NYSE: LUK) for $3.3 billion in cash. Leucadia National is located in Salt Lake City, Utah and is a multi-sector holding company. Weil, Gotshal & Manges LLP serves as the legal advisor to Leucadia, Andrews Kurth, LLP to General Motors, and Hunton & Williams LLP with Akin Gump Strauss Hauer Feld LLP to AmeriCredit.


7/26/2010 AccessData Corporation acquired CT Summation, Inc. from CT Corporation for an undisclosed amount. AccessData offers password cracking, decryption, and computer forensic solutions. It was founded in 1987 and is headquartered in Lindon, Utah.


M&A - Financial

7/7/2010 Post Capital Partners LLC in partnership with management acquired BHS Marketing, LLC for an undisclosed amount. Based in Salt Lake City, Utah, BHS Marketing sells specialty dry chemicals. Jones Waldo Holbrook & McDonough PC served as the legal advisor to BHS Marketing. Winston & Strawn LLP served as the legal advisor to Post Capital Partners.


Private Placements

7/12/2010 Community Bancorporation announced that it raised over $12.0 million of funding through issuance of common shares. The round included participation from an investor group led by Blake M. Roney, Park R. Roney, Steve J. Lund, and R. Tod Monsen. Community Bancorporation is a bank holding company located in Pleasant Grove, Utah. Kirton & McConkie served as the legal advisor to the investor group.


7/16/2010 Cypress Five Star, LLC announced it will raise $5.0 in a round of funding through issuance of common shares. Cypress Five Star is the holding company for Five Stars Burgers North America and is located in South Jordan, Utah.


7/20/2010 HireVue, Inc. announced that it raised $5.0 million in its equity round of funding. HireVue is an online video interviewing company headquartered in Sandy, Utah.


7/26/2010 Solera Networks, Inc. announced that it has raised $15.0 million in a round of funding led by new investor Trident Capital, Inc. The round included participation from returning investors Allegis Capital and Canopy Ventures. Solera Networks is located in South Jordan, Utah and delivers network appliance products and monitoring services.


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