Columbia West Capital News - Southwest Deal Intelligence
10.20.11 Arizona Deal Intelligence - September 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  

9/1/2011 AFS Technologies, Inc. acquired Synectics Group, Inc. and Answers Systems Inc. The terms of the transactions were not disclosed. AFS, doing business as Advanced FoodSystems, provides food and beverage enterprise software solutions in North America and the Caribbean and is based in Phoenix, Arizona.  Snell & Wilmer served as legal advisor to AFS.    


9/1/2011 Thermo Fisher Scientific, Inc. (NYSE: TMO) acquired Intrinsic Bioprobes, Inc. The terms of the transaction were not disclosed. Intrinsic Bioprobes, a biotechnology company, engages in the development and application of clinical and diagnostic assays and platforms for rapid and sensitive protein biomarker analysis and is based in Tempe, Arizona.    


9/1/2011 Noranco, Inc. acquired Stewart Machining and Jet Processing divisions of Premier Precision Group. The terms of the transaction were not disclosed. Stewart Machining and Jet Processing Divisions of Premier Precision Group provides aero-engine precision machine components, such as auxiliary power units, various housings, turbofan engines, and environmental control units and related special processing services for the commercial and military aerospace markets and are located in Phoenix, Arizona. Briggs & Morgan, PA served as legal advisor to Premier Precision Group and Faegre & Benson LLP served as legal advisor to Noranco.    


9/3/2011 General Dynamics C4 Systems, Inc. acquired Innovative Security Systems, Inc. from Open Prairie Ventures. 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 United States and internationally and has a location in Tempe, Arizona.    


9/12/2011 Solta Medical, Inc. (NasdaqGS: SLTM) entered into a stock purchase agreement to acquire Medicis Technologies Corporation from Medicis Pharmaceutical Corp. (NYSE: MRX) for $35.0 million in cash. Medicis Pharmaceutical engages in the development and marketing of products for the treatment of dermatological and aesthetic conditions in the United States, Canada, and Europe and is based in Scottsdale, Arizona. Hogan Lovells US LLP served as legal advisor to Medicis Pharmaceutical.    


9/19/2011 Selective Insurance Group Inc. (NasdaqGS: SIGI) signed an agreement to purchase Montpelier US Insurance Company from Montpelier Re U.S. Holdings Ltd. for $55.4 million in cash. Montpelier US Insurance Company offers general insurance services and underwriting services and is based in Scottsdale, Arizona. Skadden, Arps, Slate, Meagher & Flom, L.L.P. is serving as legal advisor to Selective Insurance Group Inc.    


9/19/2011 True North Companies acquired Anmark, Inc. The terms of the transaction were not disclosed. Anmark is a contract manufacturer in the aerospace industry specializing in curvic couplings and is based in Tempe, Arizona. True North is a private equity firm specializing in business acquisitions and management buy outs, middle market, mature, and turnaround investments and is based in Scottsdale, Arizona. Jennings, Strouss & Salmon, PLC served as legal advisor to Anmark.    


9/20/2011 Quadriga Worldwide Ltd. acquired NXSystems, LLC from Pivotal Group, Inc. The terms of the transaction were not disclosed. Pivotal Group provides real estate investment and management services for land, residential and commercial development, apartments, office buildings, retail centers, and hotels and is based in Phoenix, Arizona.    


9/21/2011 Salesforce.com (NYSE: CRM) acquired Assistly, Inc. from Social Leverage, LLC and other owners for approximately $50.0 million in cash. Social Leverage is a venture capital and private equity firm based in Phoenix, Arizona.    


9/23/2011 The Orthotic Group, Inc. acquired Arizona AFO, Inc. The terms of the transaction were not disclosed. Arizona AFO manufactures medical ankle braces for non operative treatment of foot problems, foot disorders, and ankle problems and is based in Mesa, Arizona.    


9/28/2011 E2020, Inc. agreed to acquire assets of Giant Campus, Inc. The terms of the transaction were not disclosed. E2020 operates as a digital education company and is based in Scottsdale, Arizona.    


9/29/2011 Rural/Metro Corp. agreed to acquire Professional Medical Transport, Inc. from Starwest Associates LLC. The terms of the transaction were not disclosed. Rural/Metro provides medical ambulance response services in the United States and is based in Scottsdale, Arizona.    


9/29/2011 VisiInc PLC announced a definitive agreement to acquire VIA3 Corporation for approximately $16.0 million in stock. VIA3 provides web conferencing tools and services for professionals and businesses and is based in Scottsdale, Arizona.    


9/30/2011 Sunquest Information Systems, Inc. acquired Anatomic Pathology Information System from Elekta AB for $34.0 million. Sunquest Information Systems provides health care information systems and is based in Tucson, Arizona.    


9/30/2011 Ecoland International Inc. (OTCBB: ECIT) signed a letter of intent to acquire D&R Technology Inc. from D Mecatronics Inc. The terms of the transaction were not disclosed. Ecoland International focuses on processing, packaging, and marketing Dry Bar Cave bat guano, an organic fertilizer, from deposits in Angola/Mozambique and is based in Chandler, Arizona.    


M&A - Financial   

9/21/2011 Welsh, Carson, Anderson & Stowe agreed to acquire Community Care Health Network, Inc. The terms of the transaction were not disclosed. Community Care Health Network provides medical assessments on behalf of health plans and medical service providers in the United States and is based in Phoenix, Arizona.    


9/27/2011 Aton GmbH acquired OrthoScan, Inc. from River Cities Capital Funds and other investors. The terms of the transaction were not disclosed. OrthoScan operates as a medical device company and is based in Scottsdale, Arizona.  Latham & Watkins served as legal advisor to OrthoScan.     


Private Placements   

9/7/2011 FireHost, Inc., a company that specializes in secured cloud hosting, raised $10.3 million in Series B funding in a round led by family-owned private equity firm The Stephens Group, with earlier backers also participating. Osborn Maledon served as legal advisor to FireHost.    


9/13/2011 Petsense announced that it has raised $10.0 million in an equity round of funding with new investor Winona Capital Management, LLC. Petsense operates as an animal products retailer and is based in Scottsdale, Arizona.      


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