Columbia West Capital News - Southwest Deal Intelligence
02.13.12 Utah Deal Intelligence - January 2012


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

1/4/2012 Great River Energy acquired the remaining 51% stake in Blue Flint Ethanol LLC from Headwaters Inc. (NYSE: HW) for $18.5 million in cash. Headwaters is a construction materials company based in South Jordan, Utah.

1/12/2012 School Health Corporation acquired Mindnautilus.com Corporation. The terms of the transaction were not disclosed. Mindnautilus.Com, DBA Enablemart.Com, distributes assistive technology and assistive living devices online in the United States and internationally and is located in Salt Lake City, Utah.

1/16/2012 PivotLink Corp. acquired Acteea, Inc. The terms of the transaction were not disclosed. Acteea provides hosted eCommerce solutions for online retail site merchants and is located in Salt Lake City, Utah.

1/17/2012 Lockheed Martin Corporation (NYSE:LMT) acquired Procerus Technologies. The terms of the transaction were not disclosed. Procerus develops and markets autopilot systems for mini and micro unmanned aerial vehicles (UAVs) for military and commercial applications. Procerus is located in Vineyard, Utah.

1/23/2012 Action Target, Inc. acquired Ata Defense Industries, Inc. The terms of the transaction were not disclosed. Action Target designs, manufactures, and installs shooting range products and equipment for law enforcement, military, and commercial ranges in the United States and internationally. Action Target is based in Provo, Utah.

1/23/2012 Fleet Brake Parts & Service Ltd. agreed to acquire the assets of Page Brake Company. The terms of the transaction were not disclosed. Page Brake Company distributes heavy-duty truck parts for the commercial vehicle aftermarket in the Rocky Mountain region and is based in Salt Lake City, Utah.

1/27/2012 Radiate Media Inc. acquired the media advertising business of Nokia Corporation. Terms of the transaction were not disclosed. Radiate Media, an online and mobile publishing company, offers digital publishing solutions for local and national media companies. Radiate Media is based in Salt Lake City, Utah.

1/31/2012 ADP AdvancedMD acquired PhyLogic Healthcare, LLC. The terms of the transaction were not disclosed. ADP AdvancedMD develops and delivers software-as-a-service electronic health record and practice management software solutions for healthcare and medical billing service providers in the United States. ADP AdvancedMD is located in South Jordan, Utah.

1/31/2012 NCR Corp. (NYSE:NCR) acquired a minority stake in uGenuis Technology, LLC. The terms of the transaction were not disclosed. uGenius provides transaction technologies and is based in Sandy, Utah.

Private Placements

1/23/2012 Joyent, Inc. has received $85.0 million in funding including participation from Salt Lake City, Utah-based, Epic Ventures. Epic Ventures is a private equity and venture capital firm specializing in start-ups, early stage, mid stage, buyout, and bridge financing.

1/30/2012 Solera Networks, Inc. announced that it has received $20.0 million in its series D round of funding led by new investor, Intel Capital. Returning investors, including Salt Lake City-based Signal Peak Ventures, also participated in the round. Signal Peak Ventures is a venture capital firm specializing in early-stage investments.

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