Columbia West Capital News - Southwest Deal Intelligence
03.21.12 Arizona Deal Intelligence - February 2012

 

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


2/4/2012 ResponseLogix, Inc. acquired Digital Air Strike. Terms of the transaction were not disclosed. Digital Air Strike offers complete social media and reputation management solutions for the automotive industry and is based in Scottsdale, Arizona.


2/7/2012 Prismic Pharmaceuticals, Inc. acquired the assets of Scarista Limited. Terms of the transaction were not disclosed. Prismic Pharmaceuticals develops prescription drugs and is based in Scottsdale, Arizona.


2/9/2012 Volvo Construction Equipment Rents, Inc. acquired Arizona Rentals. Terms of the transaction were not disclosed. Arizona Rentals engages in the rental of construction equipment and is based in Tucson, Arizona.


2/12/2012 Lee & Associates Licensing and Administration Co., LLC acquired Anchor Commercial, LLC. Terms of the transaction were not disclosed. Lee & Associates provides commercial real estate brokerage services in the United States and is based in Phoenix, Arizona.


2/13/2012 Rohrer Corporation acquired Hogue Printing, Inc. Terms of the transaction were not disclosed. Hogue Printing provides marketing, digital solutions, packaging, and printing services and is based in Mesa, Arizona.


2/13/2012 The Bode Technology Group, Inc. acquired Chromosomal Laboratories, Inc. Terms of the transaction were not disclosed. Chromosomal Laboratories, an analytical laboratory, provides DNA testing services for immigration and private paternity and is based in Phoenix, Arizona.


2/15/2012 CellTrust Corporation acquired RevMobile. Terms of the transaction were not disclosed. CellTrust Corporation provides secure mobile transactions, communications products and services for mobile phones and is based in Scottsdale, Arizona. RevMobile is a mobile marketing firm based in Phoenix, Arizona.


2/16/2012 P.F. Chang's China Bistro, Inc. (NasdaqGS: PFCB) agreed to acquire a 51% stake in FRC Balance LLC from Fox Restaurant Concepts LLC. Terms of the transaction have not been finalized, as the deal is not yet closed. P.F. Chang's engages in the ownership and operation of restaurants in the United States and is based in Scottsdale, Arizona. FRC Balance, doing business as True Food Kitchen, owns and operates a chain of restaurants in Arizona and California and is based in Phoenix, Arizona.


M&A - Financial


2/28/2012 RLJ Equity Partners, L.P. along with Monroe Capital LLC acquired an unknown minority stake in LAI International, Inc. from Spell Capital Partners Fund. The deal was funded by a $37.0 million loan facility provided by Monroe Capital. LAI International, a contract manufacturer, offers precision-engineered finished parts, components, and subassemblies for aerospace, power generation, defense, medical, electronics, and other technology industries worldwide and is based in Scottsdale, Arizona.


2/28/2012 Arcadia Biosciences, Inc. and Bioceres S.A. announced the formation of Verdeca, a 50-50 joint venture between the two companies. Terms of the transaction were not disclosed. Arcadia Biosciences, an agricultural technology company, engages in the development and commercialization of agricultural technologies and products that improve the environment and enhance human health and has offices in Phoenix, Arizona. Snell & Wilmer served as legal advisor to Arcadia Biosciences.


Private Placements


2/8/2012 Unicorn Media, Inc. announced that it has raised series A round of funding from new investor Nexeven AB. Terms of the transaction were not disclosed. Unicorn Media develops video workflow optimization solutions for content owners to deliver their media assets online and is based in Tempe, Arizona.


2/13/2012 American Standard Energy Corp. (OTCBB: ASEN) announced a private placement of secured promissory convertible note with returning investor, Pentwater Capital Management L.P. for gross proceeds of $20.0 million. American Standard Energy engages in the acquisition, development, exploration, and production of oil and natural gas properties in the United States and is based in Scottsdale, Arizona.


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