Columbia West Capital News - Southwest Deal Intelligence
12.13.12 Utah Deal Intelligence - November 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  

11/14/2012 Nu Skin Enterprises Inc. (NYSE:NUS) signed an agreement to acquire Nox Technologies for $12.5 million. Nu Skin develops and distributes anti-aging personal care products and nutritional supplements worldwide and is based in Provo, Utah.   

11/15/2012 Sysxnet Limited acquired Panoptic Security, Inc. The terms of the transaction were not disclosed. Panoptic Security, a technology security company, specializes in payment card industry compliance programs for small and mid-size merchants, ISOs, acquiring banks, and credit card processors and is based in Salt Lake City, Utah.   

11/15/2012 Total System Services, Inc. (NYSE:TSS) signed an agreement to acquire ProPay Inc. The terms of the transaction were not disclosed. ProPay provides payment security solutions for organizations ranging from the small and home-based entrepreneurs to enterprises and is based in Lehi, Utah.   

11/16/2012 KaVo Dental GmbH & Co. KG acquired Aribex, Inc. The terms of the transaction were not disclosed. Aribex develops, manufactures, and markets X-ray products for the dental, veterinary, forensic, security, and industrial verification markets and is based in Orem, Utah. Kirton & McConkie, PC served as legal advisor to Aribex.   

11/26/2012 Merit Medical Systems, Inc. (NasdaqGS:MMSI) entered into a stock purchase agreement to acquire Thomas Medical Products, Inc. from Vital Signs, Inc. for $167.0 million. Merit Medical Systems designs, develops, manufactures, and markets medical devices for use in interventional and diagnostic procedures worldwide and is based in South Jordan, Utah. Parr Brown Gee & Loveless is serving as legal advisor to Merit Medical Systems.   

Private Placements  

11/4/2012 HubSpot, Inc. announced that it has raised $35.0 million in a mezzanine round of funding. The transaction saw participation from existing investors Fidelity Investments, Altimeter Capital, and Cross Creek Capital. Cross Creek Capital is a venture capital firm specializing in fund of funds and direct investments and is based in Salt Lake City, Utah.  

11/13/2012 Remedy Informatics, Inc. announced that it has received $6.0 million in a round of funding from Merck Global Health Innovation Fund. Remedy Informatics provides registries and research informatics software solutions for life science and translational research, and healthcare applications and is based in Sandy, Utah.  

11/15/2012 Orabrush, Inc. announced that it has raised its series A round of funding. The terms of the transaction were not disclosed. Orabrush provides tongue cleaners for humans, dogs, and cats and is based in Provo, Utah.      

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