Columbia West Capital News - Southwest Deal Intelligence
09.17.12 Utah Deal Intelligence - August 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

8/1/2012 HireVue, Inc. acquired assets of CodeEval, Inc. The terms of the transaction were not disclosed. HireVue provides online video interviewing solutions in the United States and internationally and is based in Draper, Utah.

8/13/2012 The Chefs' Warehouse Mid-Atlantic, LLC acquired Michael's Finer Meats & Seafoods, Inc. from Sorenson Capital for $54.3 million. Sorenson Capital is a private equity firm based in Lehi, Utah.

8/15/2012 Global Payments Inc. (NYSE:GPN) agreed to acquire Accelerated Payment Technologies, Inc. for $410.0 million. Accelerated Payment Technologies develops and supports payment technology solutions for businesses and is based in Pleasant Grove, Utah.

8/21/2012 WesTech Engineering, Inc. entered into an agreement to acquire the conventional water treatment business from Siemens Industry, Inc. The terms of the transaction were not disclosed. WesTech Engineering engages in engineering and manufacturing liquids-solids separation process equipment and is based in Salt Lake City, Utah. Alston & Bird, LLP is serving as the legal advisor to WesTech Engineering and Kirkland & Ellis LLP is serving as the legal advisor to Siemens Industry.

8/22/2012 Sonepar USA, Inc. signed an agreement to acquire Codale Electric Supply, Inc. The terms of the transaction were not disclosed. Codale Electric Supply distributes electrical supplies and is based in Salt Lake City, Utah. Honigman Miller Schwartz and Cohn LLP is serving as the legal advisor to Codale Electric Supply and Bass, Berry & Sims plc is serving as the legal advisor to Sonepar.

Private Placements

8/9/2012 AtTask, Inc. has announced that it will raise $16.5 million. AtTask provides on-demand SaaS project and portfolio management software and is based in Orem, Utah.

8/29/2012 HireVue, Inc. announced that it has raised $17.0 million in series C round of equity funding led by Investor Growth Capital. HireVue provides online video interviewing solutions in the United States and internationally and is based in Draper, Utah.

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