Columbia West Capital News - Southwest Deal Intelligence
03.23.11 Arizona Deal Intelligence - February 2011


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


2/1/2011 Blackbaud Inc. (NasdaqGS: BLKB) acquired Public Interest Data, Inc. from Zanbar Capital, LLC and other shareholders.  Zanbar Capital is a private investment firm focused exclusively on investing or acquiring small to mid-sized established companies and is based in Scottsdale, Arizona. 

 


 

2/8/2011 Cint AB acquired Thumbspeak LLC.  The financial terms of the transaction were not disclosed.  Thumbspeak , a do-it yourself mobile relationship marketing platform and opinion network, offers SaaS based mobile relationship marketing, market research, and lead generation solutions, and is based in Scottsdale, Arizona. 

 


 

2/11/2011 Monitor Clipper Partners, Inc. acquired ScriptSave.  The financial terms of the transaction were not disclosed.  ScriptSave, a consumer pharmacy benefit management company, administers prescription drug benefit solutions and is headquartered in Tucson, Arizona. 

 


 

2/16/2011 Sprouts Farmers Market, LLC signed a definitive agreement to acquire Henry's Farmers Market from Smart & Final Stores Corporation.  In conjunction with the Henry's transaction, Sprouts announced that it will receive an equity investment from Apollo Management, L.P.  The financial terms of the transactions were not disclosed.  Sprouts owns and operates a network of food retail stores and is based in Phoenix, Arizona. 

 


 

2/22/2011 Harris Corp. (NYSE: HRS) signed a definitive agreement to acquire Carefx Corporation from a group of investors including Grayhawk Capital LLC for approximately $160 million.  Carefx provides information technology solutions to the healthcare organization and is headquartered in Scottsdale, Arizona. Grayhawk is a private equity and venture capital firm, and is based in Phoenix, Arizona.   

 


 

2/22/2011 Urgent Cares of America, Inc. acquired Tri-City Express Care, PLLC. The financial terms of the transaction were not disclosed.  Tri-City Express provides urgent care services for minor health and injury care, and is based in Gilbert, Arizona. 

 


 

2/23/2011 ORBCOMM, Inc. (NasdaqGM: ORBC) entered into a definitive agreement to acquire the assets of StarTrak Systems, LLC from Alanco Technologies Inc. (NasdaqCM: ALAN) for $20 million.  Alanco Technologies provides GPS tracking and wireless asset management services to the transportation industry and is based in Scottsdale, Arizona. 

 


 

2/24/2011 U-Haul International, Inc. acquired Collegeboxes, Inc. The financial terms of the deal were not disclosed.  U-Haul, a do-it-yourself moving and storage operator, rents trucks and trailers, and is based in Phoenix, Arizona. 

 


 

Private Placements


2/8/2011 Ulthera Inc. announced that it has raised $10.5 million in its Series C round of funding.  The funding was led by New Enterprise Associates.  Ulthera develops and markets therapeutic ultrasound-based medical devices and is based in Mesa, Arizona. 

 


 

2/9/2011 The Citizenre Corporation announced that it will raise $20 million of funding from Adam Capital, Inc.  Adam Capital extends loans to energy developers, power producers, and support industries, and is based in Scottsdale, Arizona. 

 


 

2/18/2011 High Throughput Genomics, Inc. announced that it will raise $14 million through the issuance of equity shares.  High Throughput provides quantitative nuclease protection assay (qNPA) systems and services for the life sciences industry, and is based in Tucson, Arizona.     

 


 

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