Columbia West Capital News - Southwest Deal Intelligence
07.18.11 Utah Deal Intelligence - June 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     

6/1/2011 VWR International LLC acquired Intermountain Scientific Corporation. The terms of the transaction were not disclosed. Intermountain Scientific, doing business as ISC BioExpress, sells research products in the US and is based in Kaysville, Utah.    

 


 

6/1/2011 Schiff Nutrition Group, Inc. acquired certain assets of Ganeden Biotech, Inc. for $40.0 million in cash. Schiff Nutrition develops, manufactures, markets, and sells branded and private label vitamins and nutritional supplements in the US and internationally and is based in Salt Lake City, Utah. Benesch, Friedlander, Coplan & Aronoff LLP served as legal advisor to Ganeden Biotech. Wilson, Sonsini, Goodrich & Rosati served as legal advisor to Schiff Nutrition.    

 


 

6/2/2011 Survey Sampling International LLC signed an agreement to acquire Opinionology, Inc. from Sterling Investment Partners. The terms of the deal were not disclosed. Opinionology provides survey research data collection solutions for market researchers in the US and internationally and is headquartered in Orem, Utah.    

 


 

6/7/2011 Sycamore Ventures, Inc (OTCPK:SYVN) signed a letter of intent to acquire Precise Memory, Inc. The terms of the transaction were not disclosed. Sycamore Ventures engages in the manufacture and supply of food based meals and snacks, and non-toxic personal care products in the US and is based in Park City, Utah.    

 


 

6/13/2011 Volvo Construction Equipment Rents, Inc. acquired Sampson Equipment Company, LLC. The terms of the transaction were not disclosed. Sampson Equipment sells and rents construction equipment to construction and mining companies with stores in Ogden and Draper, Utah, and is based in Murray, Utah.    

 


 

6/21/2011 ZAGG Inc. (NASDAQ:ZAGG) acquired iFrogz, Inc. from Reminderband for approximately $110.0 million in cash and stock. iFrogz manufactures and markets iPhone, iPad, and Blackberry cases, covers, and sleeves and is based in Logan, Utah. ZAGG designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronic and hand-held devices in the US and Europe and is based in Salt Lake City, Utah. Durham Jones & Pinegar served as legal advisor to ZAGG. Parr Brown Gee & Loveless served as legal advisor to iFrogz.    

 


 

6/27/2011 Stoneware, Inc. acquired LanSchool Technologies LLC. The terms of the transaction were not disclosed. LanSchool Technologies provides classroom management and monitoring software for the education market and is based in Orem, Utah.      

 


 

Private Placements  

6/1/2011 Alliance Health Network, Inc. announced that it has raised $11.0 million in a round of funding led by New World Ventures with investors EPIC Ventures and Highway 12 Ventures. Alliance Health Network operates an online healthcare network for healthcare consumers and marketers and is based in Salt Lake City, Utah. EPIC Ventures is a private equity and venture capital firm and is headquartered in Salt Lake City, Utah.      

 


 

6/7/2011 Garb-Oil & Power Corp. (OTCPK:GARB) has raised $20.0 million in equity from Evolution Capital. Garb-Oil & Power, with its subsidiaries, engages in the manufacture and sale of equipment and products to the waste processing, energy, and recycling industries in the US and is based in Salt Lake, Utah.    

 


 

6/14/2011 inContact, Inc. (NasdaqCM: SAAS) announced a private placement of 7.19 million shares at $3.32 per share with Enterprise Networks Holdings B.V. for gross proceeds of $23.9 million. inContact provides cloud computing contact center services and network connectivity in the US and is based in Salt Lake City, Utah. Parsons Behle & Latimer is serving as legal advisor to inContact.    

 


 

6/15/2011 Aerosol Science Laboratories Inc. announced that it has raised a round of funding with DW Healthcare Partners. The terms of the transaction were not disclosed. DW Healthcare is a private equity and venture capital firm specializing in healthcare companies and is based in Park City, Utah.    

 


 

6/23/2011 Allegiance, Inc. announced that it has raised $12.0 million in a series B round of funding led by El Dorado Ventures. Allegiance provides voice-of-the-customer and enterprise feedback management solutions and is based in South Jordan, Utah.     

 


 

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