Columbia West Capital News - Southwest Deal Intelligence
07.19.11 Arizona Deal Intelligence - June 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      


6/1/2011 Swan & Hercules Global Logistics Co. Ltd. acquired GP Logistics, Inc. The terms of the transaction were not disclosed. Swan & Hercules provides supply chain management services for customers in the United States and internationally and is based in Phoenix, Arizona.    

 


 

6/1/2011 Kone Oyj (HLSE:KNEBV) acquired the business operations of Southwest Elevator, Inc. The terms of the transaction were not disclosed. Southwest Elevator designs, installs, renovates, and offers support and maintenance programs for elevator products and is based in Gilbert, Arizona.    

 


 

6/2/2011 RSC Equipment Rental, Inc. entered into an agreement to acquire operations and certain operating assets of TSK Holdings, LLC. The terms of the transaction were not disclosed. RSC provides rentals, service, and sales of equipment, parts, and tools for construction, industrial, petrochemical, governmental, and manufacturing businesses in the US and Canada and is based in Scottsdale, Arizona.    

 


 

6/6/2011 Shadow Beverages and Snacks, LLC acquired WheyUp, LLC. The terms of the transaction were not disclosed. WheyUp produces non-carbonated and sugar-free pre-workout drinks with whey protein, caffeine, and B vitamins and is based in Gilbert, Arizona. Shadow Beverages and Snacks provides brand extensions to partners and companies to extend into the beverage and snack industry and is based in Tempe, Arizona.    

 


 

6/7/2011 Endexx Corp. (OTCPK:EDXC) acquired Global Solaris Group, LLC. The terms of the transaction were not disclosed. Global Solaris Group provides grid-tie and off-grid solar and wind power solutions and is based in Sedona, Arizona. Endexx Corporation provides electronic board book and document management solutions in the US and is based in Phoenix, Arizona.    

 


 

6/14/2011 General Dynamics C4 Systems, Inc. signed a definitive agreement to acquire Fortress Technologies, Inc. The terms of the transaction were not disclosed. General Dynamics C4 Systems engages in the design, development, manufacture, and integration of secure communication, information, and technology solutions in the US and internationally and is based in Scottsdale, Arizona.     

 


 

6/17/2011 Clear2Pay, nv/sa acquired Lexcel Solutions, Inc. The terms of the transaction were not disclosed. Scottsdale, Arizona-based Lexcel Solutions provides payment test software applications for core payment platforms and system capacity. Jennings, Strouss & Salmon served as legal advisor to Lexcel.     

 


 

6/20/2011 SolarWinds Worldwide, LLC signed an agreement to acquire TriGeo Network Security, Inc. for $35.0 million in cash from Greentree Partners. Greentree Partners is a private equity and venture capital firm focused on the software and technology industries and is based in Scottsdale, Arizona.    

 


 

6/23/2011 Nuvilex, Inc. (OTCPK:NVLK) signed a definitive agreement to acquire the assets of SG Austria Pte. Ltd. The terms of the transaction were not disclosed. Nuvilex, through its subsidiaries, engages in the development and marketing of products for improving the health and well-being in the United States and internationally and is based in Scottsdale, Arizona.      

 


 

6/24/2011 Garmin Ltd. (NASDAQ:GRMN) signed an agreement to acquire Tri-Tronics Inc. The terms of the transaction were not disclosed. Tri-Tronics engages in designing, manufacturing, and selling electronic dog training products and is based in Tucson, Arizona.      

 


 

6/24/2011 TriStar Inc. acquired BRT Solutions Inc. The terms of the transaction were not disclosed. TriStar provides product lifecycle management solutions for companies in North America and is based in Phoenix, Arizona.    

 


 

6/28/2011 TDS Hosted & Managed Services, LLC agreed to acquire OneNeck IT Services Corporation for $95 million. OneNeck IT Services provides a suite of enterprise resource planning outsourcing solutions to mid-market companies and is based in Scottsdale, Arizona.     

 


 

Private Placements  

 

6/6/2011 Regenesis Biomedical, Inc. announced that it has raised $5.2 million in its series C round of funding. Regenesis Biomedical, focuses on developing and marketing noninvasive regenerative medical products and is based in Scottsdale, Arizona.    

 


 

6/27/2011 Athletes' Performance, Inc. announced a round of funding for gross proceeds of $6.3 million by issuing common shares. Athletes' Performance provides performance training services for athletes and is headquartered in Phoenix, Arizona.    

 


 

6/30/2011 The Go Daddy Group, Inc. announced that it will raise $2.25 billion in funding. The round will see new investors KKR, Silver Lake Partners, and Technology Crossover Ventures. The Go Daddy Group provides domain name registration services in the US and is based in Scottsdale, Arizona.  Wilson, Sonsini, Goodrich & Rosati is serving as legal advisor to The Go Daddy Group.     

 


 

6/30/2011 Sallie Mae in conjunction with Next Generation Insurance Group, LLC, raised $7.1 million to create Sallie Mae Insurance Services. Next Generation is an insurance provider focused on the collegiate and young adult markets with operations in Scottsdale, Arizona. Osborn Maledon served as legal advisor to Next Generation.     

 


 

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