Columbia West Capital News - Industry Deal Intelligence
11.18.11 CWC Q3 2011 Health and Wellness M&A and Financing Report


This report is prepared as a courtesy to the Health and Wellness 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.


M&A - Strategic

8/4/2011 IMD Companies, Inc. (OTCPK: ICBU) acquired Botanical Sciences, Inc. for consideration of cash and common stock. The terms of the transaction were not disclosed. Botanical Science provides health and weight control supplements and is based in Tampa, Florida. IMD Companies focuses on marketing and distributing nutraceutical supplements, pills, bars, and gels through participating clinics and on-line web marketing retail methods and is based in Tampa, Florida.


8/25/2011 AL International, Inc. (OTCPK: JCOF) acquired Adaptogenix International. The terms of the transaction were not disclosed. Adaptogenix manufactures and supplies adaptogen based products and is based in Salt Lake City, Utah. AL International operates as a nutritional company that improves lifestyles by promoting vibrant health and is based in Chula Vista, California.


8/31/2011 Cyalume Technologies Holdings, Inc. (OTCBB: CYLU) entered into an asset purchase agreement to acquire JFC Technologies, LLC for $11.6 million in cash and stock. Cyalume Specialty Products develops and produces life-sciences and specialty chemical products and is based in Bound Brook, New Jersey. Cyalume Technologies Holdings engages in the manufacture and sale of chemiluminescent products, and reflective and photoluminescent materials to the military, ammunition, and commercial and public safety markets primarily in the United States, Europe, and the Middle East and is based in West Springfield, Massachusetts.


9/6/2011 United Treatment Centers, Inc. (OTCPK: UTRM) entered into a letter of intent to acquire Nature's Instincts, Inc. The terms of the transaction were not disclosed. Nature's Instincts develops natural health products for men and women and is based in Houston, Texas. United Treatment Centers focuses on developing a patent pending oral health care product, a waterless toothbrush in the United States and is based in Lake Success, New York.


9/19/2011 E.I.D Parry (India) Limited (BSE: 500125) signed a share purchase agreement to acquire the remaining 49% stake in Valensa. The terms of the transaction were not disclosed. Valensa discovers, develops, and provides science-based botanical sourced products for human health and well-being and is based in Eustis, Florida. E.I.D Parry engages in the manufacture and marketing of sugar, bio-products, and nutraceuticals in India and internationally and is based in Chennai, India.


Private Placements

7/8/2011 DC Brands International Inc. (OTCBB: DCBR) announced an equity line of credit for gross proceeds of up to $10.0 million. DC Brands together with its subsidiary, DC Nutrition engages in the manufacture, marketing, and distribution of health related products that utilize natural botanicals, vitamins, minerals, and supplements primarily in the Colorado area and is based in Wheat Ridge, Colorado.


7/11/2011 Fuse Science, Inc. announced that it has received first round of seed funding. The terms of the transaction were not disclosed. Fuse Science provides energy and body replenishment products for professional athletes and weekend warriors and is based in Miami, Florida.


7/19/2011 Atrium Innovations Inc. (TSX: ATB) announced a private placement of 25,000 convertible unsecured subordinated debentures with Fonds de solidarite FTQ for gross proceeds of $24.4 million. Atrium Innovations engages in the development, formulation, manufacture, and commercialization of science-based dietary supplements for the health and nutrition industry and is based in Quebec City, Canada. Fonds de solidarité FTQ is a private equity and venture capital firm based in Montreal, Canada.


7/27/2011 ReNew Life Formulas, Inc. announced that it has raised $13.8 million in a round of funding with Triangle Capital Corporation. ReNew Life Formulas develops, manufactures, and distributes natural digestive care products and functional foods and is based in Palm Harbor, Florida.


8/8/2011 Nawgan Products, LLC announced that it will receive $6.0 million in its series A equity round funding from Kirin Holding Company. Nawgan develops caffeinated and non-caffeinated brain supplements and is based in Chesterfield, Missouri. Kirin engages in the manufacture and sale of food and beverages primarily in Asia and Oceania and is based in Tokyo, Japan. Allen & Overy LLP is serving as legal advisor to Kirin Holding Company.