Columbia West Capital News - Southwest Deal Intelligence
06.19.12 Utah Deal Intelligence - May 2012

 

This report is prepared as a courtesy to the Utah business community by Columbia West Capital 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    


5/1/2012 ConvaTec Inc. acquired AbViser Medical, LLC from Wolfe Tory Medical, Inc. The terms of the transaction were not disclosed. AbViser Medical provides healthcare products for critical care and surgical marketplaces and is based in Salt Lake City, Utah.        


5/8/2012 Hosting Metro, Inc. acquired Goleman Networks, Inc. The terms of the transaction were not disclosed. Goleman Networks offers a range of hosting solutions for small to medium sized organizations and is based in Salt Lake City, Utah.        


5/15/2012 Alliance Health Network, Inc. acquired Medify, Inc. from Voyager Capital and other shareholders. The terms of the transaction were not disclosed. Alliance Health Network, a social networking company, develops, owns, and operates online social health networks for healthcare consumers and marketers and is based in Salt Lake City, Utah. O'Melveny & Myers, LLP served as legal advisor to Alliance Health Network.        


5/16/2012 Pearson VUE acquired Certiport, Inc. from Spire Capital Partners and others for $140.0 million in cash. Certiport provides performance-based certification practice test and program management solutions to academic institutions and IT professionals and is headquartered in American Fork, Utah. SNR Denton served as legal advisor to Certiport and Morgan, Lewis & Bockius LLP served as legal advisor to Pearson VUE.        


5/23/2012 An undisclosed buyer entered into an agreement to acquire a 26% stake in TRIP Linhas Aéreas S/A from SkyWest Inc. (NasdaqGS: SKYW) for $42.0 million. SkyWest, through its subsidiaries, operates a regional airline and is based in St. George, Utah.        


5/31/2012 POP Radio, LP acquired In-Store Broadcasting Network, LLC. The terms of the transaction were not disclosed. In-Store Broadcasting operates a retail radio network and is based in Salt Lake City, Utah.        


5/31/2012 BC Technical, Inc. acquired Xpert, Inc. The terms of the transaction were not disclosed. BC Technical, a molecular imaging solutions provider, offers service, support, and parts for the nuclear, positron emitted tomography (PET), PET/CT, SPECT, and SPECT/CT market and is based in West Jordan, Utah.    


M&A - Financial   


5/1/2012 RHV Capital, LLC acquired Continental Fire & Safety Inc. from Housatonic Partners and Peterson Partners LP. The terms of the transaction were not disclosed. Peterson Partners is a private equity and venture capital firm specializing in growth, buyout, middle market, turnaround, and small to mid-sized companies and is based in Salt Lake City, Utah.        


Private Placements    


5/10/2012 Communitect, Inc. announced that it has received a round of funding through the issuance of equity shares to new investor Summit Partners. The terms of the transaction were not disclosed. Communitect provides electronic communication solutions to healthcare practices and is based in Lehi, Utah.


5/15/2012 Qualtrics announced that it has raised $70.0 million in a round of funding from new investors, Accel Management Co, Inc. and Sequoia Capital. Qualtrics provides online data collection and analysis services and is based in Provo, Utah.                  


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