Columbia West Capital News - Southwest Deal Intelligence
01.19.11 Arizona Deal Intelligence - December 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

12-1-2010 SXC Health Solutions, Inc. entered into a definitive agreement to acquire MedfusionRx, LLC and Medtown South LLC from a group of investors for approximately $110.0 million in cash. Based in Scottsdale, Arizona, SXC Health Solutions provides healthcare transaction processing services and information technology solutions to the North American pharmaceutical industry. Sidley Austin LLP is serving as legal advisor to SXC. Morrison & Foerster LLP is serving as legal advisor to MedfusionRx and Medtown South.


12-2-2010 Logicalis, Inc. acquired Network Infrastructure Corporation for an undisclosed amount. Based in Tempe, Arizona, Network Infrastructure provides network consulting and IT services to the K-12 education, state and local government, gaming and hospitality markets across the Southwest United States. Jennings, Strouss & Salmon, PLC served as legal advisor to Network Infrastructure.


12-3-2010 Iris Data Services LLC acquired Capitol Discovery Services for an undisclosed amount. Based in Phoenix, Arizona, Capitol Discovery Services offers litigation support services.


12-8-2010 Global Pari-Mutuel Services, Inc. (OTCPK: GPRM) signed a consolidation agreement to acquire BERMASE LLC. Based in Chandler, Arizona, Global Pari-Mutuel Services engages in pari-mutuel operations in the United States.


12-8-2010 Eastbridge Investment Group Corp. (OTCBB: EBIG) and other investors acquired 96.7% stake in E Global Marketing, Inc. (OTCBB: EGLO). Based in Scottsdale, Arizona, EastBridge Investment Group helps Asian companies to become publicly listed companies in the United States capital markets.


12/13/2010 Horizon Distributors, Inc. acquired Turf Equipment And Supply Company, Inc. for an undisclosed amount. Based in Phoenix, Arizona, Horizon Distributors, Inc. distributes irrigation, landscape, and specialty and professional lawn care products to the green industry through a chain of stores and online in the United States.


12-14-2010 Southwest Windpower, Inc. acquired SunWind Solutions, LLC for an undisclosed amount. SunWind Solutions, a Flagstaff, Arizona-based software company, develops renewable energy system design tools for the renewable energy industry. Southwest Windpower manufactures wind generators and is also based in Flagstaff, Arizona.


12-22-2010 Rent-A-Center Inc. (NasdaqGS: RCII) acquired The Rental Store, Inc. (TRS) for $75.5 million. Based in Scottsdale, Arizona, The Rental Store offers in-store financing for big-ticket items purchased at stores such as Mor Furniture for Less, Ashley Furniture and others. Fulbright & Jaworski, LLP served as legal advisor to Rent-A-Center Inc.


12-22-2010 Troxell Communications, Inc. and AEA Investors LP acquired controlling interest in Integrated AV Systems, LLC, a subsidiary of CCS Presentation Systems, Inc., from Rock Hill Capital Group, LLC for an undisclosed amount. Based in Scottsdale, Arizona, CCS Presentation Systems engages in the integration, installation, and maintenance of audio and video equipment for corporate, government, and educational sectors. Based in Phoenix, Arizona, Troxell Communications distributes audio/visual electronics, furniture, and supplies in the United States.


12/22/2010 Avi-Tech Electronics, Ltd acquired Verde Designs, LLC for an undisclosed amount. Based in Tempe, Arizona, Verde Designs specializes in LED lighting electronics design. Jennings, Strouss & Salmon, PLC served as legal advisor to Avi-Tech Electronics.  


M&A - Financial

12-14-2010 H.I.G. Capital, LLC signed a definitive agreement to acquire Matrixx Initiatives Inc. (NasdaqGS: MTXX) for $75.2 million in cash. Based in Scottsdale, Arizona, Matrixx Initiatives develops, markets, and sells over-the-counter healthcare products in the United States. Sullivan & Cromwell LLP and Snell & Wilmer LLP are serving as the legal advisors to Matrixx Initiatives. Kirkland & Ellis LLP is serving as the legal advisor to H.I.G.


12-15-2010 Graham Partners acquired Eberle Design Inc. for an undisclosed amount. Based in Phoenix, Arizona, Eberle Design develops and manufactures transportation control products to enhance and augment traffic and access control systems in the United States and internationally.


12-20-2010 Huntsman Gay Global Capital, LLC acquired majority stake in Sunquest Information Systems, Inc. from Vista Equity Partners for an undisclosed amount. Based in Tucson, Arizona, Sunquest Information Systems provides health care information systems.  


Private Placements

12-23-2010 Bonovo Orthopedics, Inc. announced a series C round of funding for gross proceeds of $10.0 million. Based in Scottsdale, Arizona, Bonovo Orthopedics manufactures and distributes orthopedic products.    


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