Columbia West Capital News - Southwest Deal Intelligence
12.21.10 Arizona Deal Intelligence - November 2010



This report is prepared as a courtesy to the Arizona 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

11/1/2010 Van's International Foods, Inc. acquired the frozen waffle business of Nestlé USA, Inc. for an undisclosed amount. Based in Phoenix, Arizona, Van's International Foods is a provider of natural, organic frozen breakfast foods. Osborn Maledon served as legal advisor to Van's.   


 

11/2/2010 Diversified Human Resources, Inc. acquired Terra Firm for an undisclosed amount. Based in Phoenix, Arizona, Diversified Human Resources operates as a professional employer organization.


 

11/2/2010 MedCath Partners, LLC sold its 27% stake in Southwest Arizona Heart and Vascular Center, LLC for $6.9 million. Based in Phoenix, Arizona, Southwest Arizona Heart and Vascular Center provides cardiac catheterization lab services.


 

11/2/2010 Halma plc (LSE: HLMA) acquired Alicat Scientific, Inc. from financial shareholders and members of current management for $25.2 million in cash. Based in Tucson, Arizona, Alicat Scientific designs and manufactures mass flow and pressure instruments. Dorsey & Whitney LLP served as legal advisor to Alicat Scientific.


 

11/4/2010 Comtech EF Data Corporation acquired Stampede Technologies, Inc. for an undisclosed amount. Based in Tempe, Arizona, Comtech EF Data designs, develops, and markets satellite communication products for commercial and government customers internationally.


 

11/8/2010 Early Warning Services, LLC acquired Austin Logistics' Risk Analytics Business from ALI Solutions, Inc. for an undisclosed amount. Based in Scottsdale, Arizona, Early Warning Services provides fraud management services.


11/15/2010 Tisport, LLC acquired Three Rivers Holdings, LLC for an undisclosed amount. Based in Mesa, Arizona, Three Rivers Holdings develops, manufactures, and markets products to wheelchair users, clinicians, and researchers.


 

11/22/2010 Dycom Industries Inc. (NYSE: DY) acquired substantially all assets of Communication Services, Inc. for $9.7 million. Based in Tempe, Arizona, Communication Services designs, acquires, deploys, and manages wireless infrastructure facilities for cellular, PCS, broadband wireless carriers, and equipment suppliers in the United States.


 

11/22/2010 iPacesetters, LLC acquired Automated Resources Group, Inc. from TSG Equity Partners LLC, M&T Bank Corp. (NYSE: MTB), Shore Points Capital and other shareholders for an undisclosed amount. Based in Mesa, Arizona, iPacesetters provides business-to-business teleservices for the circulation industry.


 

11/23/2010 Lancaster Group US LLC agreed to acquire Philosophy, Inc. from The Carlyle Group and its fund Carlyle Partners IV, L.P. for an undisclosed amount. Based in Phoenix, Arizona, Philosophy provides cosmetics and beauty care products. Gibson, Dunn & Crutcher LLP is serving as legal advisor to Lancaster Group. Latham & Watkins LLP is serving as legal advisor to Philosophy.


 

An affiliate of The Gorman-Rupp Company (NYSE Amex: GRC) acquired the assets of National Pump Company LLC for approximately $39.0 million in cash and assumed liabilities. Based in Glendale, Arizona, National Pump Company designs and manufactures industrial pumps. Jones Day served as legal advisor to The Gorman-Rupp Company. Osborn Maledon served as legal advisor to National Pump Company.  


 

Private Placements

11/4/2010 M2M GOLD, LLC announced an equity private placement for gross proceeds of $10.0 million. Based in Tucson, Arizona, M2M GOLD purchases wholesale gold from mines, processes it, and then sells it retail on the open gold market.


 

11/4/2010 DICOM Grid has raised $7.5 million in Series A financing with investments from Canaan Partners, CHL Medical Partners and other investors. Based in Phoenix, Arizona, DICOM Grid develops software to help healthcare professionals manage, search and archive medical images.


 

11/16/2010 EC Source Services, LLC announced that it has received $10.0 million in its equity round of funding from a new investor, MasTec, Inc., which acquired a 33% interest in the company through the transaction. Based in Mesa, Arizona, EC Source Services provides construction and engineering services.  


 

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