Columbia West Capital News - Southwest Deal Intelligence
04.20.11 Utah Deal Intelligence - March 2011

 

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  

3/1/2011 Architectural Nexus Inc. acquired ANOVA Architects, Inc.  Architectural Nexus provides architectural design, programming, master planning, feasibility studies, and interior design services, and is based in Salt Lake City, Utah.     



3/3/2011 Lots Intermediate Co. signed an agreement to acquire eReinsure.com, Inc. from Century Capital Management, LLC and others for $37.0 million.  eReinsure.com provides e-commerce technology to the insurance and reinsurance industries, and is based in Salt lake City, Utah.     



3/9/2011 DemandTec, Inc. (NasdaqGM: DMAN) signed a definitive agreement to acquire M-Factor, Inc. from Pelion Venture Partners and other investors for $9.5 million.  Pelion Venture is a venture capital firm specializing in investments in seed, early venture, mid venture, and emerging companies, and is based in Salt Lake City, Utah.      



3/10/2011 OptumHealth Bank, Inc. acquired INSPIRIS, Inc. from Envest Ventures, LLC and other investors.  The financial terms of the deal were not disclosed.  OptumHealth provides health care banking services and is based in Salt Lake City, Utah.       



3/18/2011 Utah Medical Products Inc. (NasdaqGM: UTMD) acquired an unknown stake in Femcare Holdings Ltd. from Barclays Private Equity Ltd. for $40.6 million.  Utah Medical Products produces and markets medical devices for the healthcare industry, and is based in Midvale, Utah.      



Private Placements  

3/3/2011 VIA Motors, Inc. announced a private placement of $10.0 million.  As of March 18, 2011, the company raised $5.5 million.  Via Motors develops, manufactures, and markets electric trucks and SUVs, and is based in Orem, Utah.     



3/3/2011 BayHill Capital Corp. (OTCBB: BYHL) announced a private placement of $5.0 million.  BayHill Capital operates as an online marketing and distribution platform company, and is based in South Jordan, Utah.      



3/4/2011 Amedica Corporation announced that it will raise $30.0 million.  As of March 15, 2011, the company raised $22.1 million in funding.  Amedica Corporation operates as a spinal and orthopedic implant and instrument company, and is based in Salt Lake City, Utah.     



3/11/2011 Mozenda, Inc. announced that it raised funding from The Thralow Equity Fund.  Mozenda provides a software as a service based application for web data gathering, data management, and data publishing activities, and is based in Orem, Utah.      



3/16/2011 EMB Energy Inc. announced that it will raise $20.3 million in a round of equity funding.  EMB Energy provides energy utility services and is based in North Salt Lake, Utah.       



3/17/2011 Solutions BioMed LLC announced that it will raise $5.0 million in a round of equity funding. Solutions BioMed engages in the development, registration, manufacture, and distribution of anti-infective devices, and is based in Orem, Utah.      



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