Arizona Deal Intelligence - October 2019
This report is prepared as a courtesy to the Arizona business community by Columbia West 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 ensure 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
10/1/2019 In Vitro Sciences, LLC acquired an unknown majority stake in Advanced Fertility Care, LLC. The terms of the transaction were not disclosed. Advanced Fertility Care owns and operates fertility clinics and is based in Scottsdale.
10/1/2019 NextGen Healthcare, Inc. (NasdaqGS:NXGN) acquired Topaz Information, L.L.C. The terms of the transaction were not disclosed. Topaz develops electronic health record and practice management software and is based in Phoenix.
10/2/2019 Stop Loss Insurance Services, Inc. agreed to acquire Stealth Partner Group. The terms of the transaction were not disclosed. Stealth Partner Group negotiates, implements, and assists in managing medical stop loss and ancillary benefits and is based in Scottsdale.
10/3/2019 Vivabox Solutions, LLC acquired assets of Design Packaging, Inc. The terms of the transaction were not disclosed. Design Packaging designs and provides packaging solutions and is based in Scottsdale.
10/7/2019 Avison Young (Canada) Inc. acquired Strategic Retail Group, Inc. The terms of the transaction were not disclosed. Strategic Retail Group provides property and business solutions to retail investors, owners, landlords, and tenants and is based in Scottsdale.
10/7/2019 Restoration Builders Inc. acquired assets of Next Generation Roofing Contractors, LLC. On 10/15/2019, Restoration Builders acquired assets of Elbert Construction, LLC. The terms of the transactions were not disclosed. Restoration Builders provides property restoration services to both residential and commercial clients and is based in Phoenix.
10/14/2019 Repay Holdings Corporation (NasdaqCM:RPAY) acquired assets of APS Payments Inc. for $60.0 million. APS Payments offers integrated payment processing solutions for businesses and is based in Mesa. Burns & Levinson LLP served as legal advisor to APS Payments.
10/15/2019 Goettl Air Conditioning, Inc. acquired Dutton Plumbing Inc. The terms of the transaction were not disclosed. Goettl provides repair, installation, and replacement services for air conditioning and heating systems and is based in Tempe.
10/15/2019 Mintaka Financial, LLC acquired Summit Commercial Finance Company. The terms of the transaction were not disclosed. Summit Commercial Finance provides equipment financing and leasing services for businesses and is based in Scottsdale.
10/17/2019 GlobalTranz Enterprises, Inc. acquired Global Freight Solutions, Inc. The terms of the transaction were not disclosed. GlobalTranz develops a suite of transportation services and logistics solutions and is based in Scottsdale.
10/21/2019 Carlisle Companies Incorporated (NYSE:CSL) agreed to acquire Providien, LLC. The terms of the transaction were not disclosed. Providien manufactures and supplies medical devices and solutions and is based in Scottsdale. Carlisle operates as a diversified manufacturing company and is based in Scottsdale.
10/22/2019 Restoration Builders Inc. acquired Renown Construction LLC, doing business as Renown Roofing & Construction. The terms of the transaction were not disclosed. Restoration Builders provides property restoration services to both residential and commercial clients and is based in Phoenix.
10/22/2019 Carlisle Companies Incorporated (NYSE:CSL) agreed to acquire Draka Fileca SAS for $81.3 million. Carlisle operates as a diversified manufacturing company and is based in Scottsdale.
10/22/2019 Spectrum Veterinary, LLC agreed to acquire the U.S. Veterinary Allergy Testing and Treatment Activities from ALK-Abelló A/S (CPSE:ALK B). The terms of the transaction were not disclosed. Spectrum Veterinary provides serum allergy testing and allergen-specific immunotherapy services and is based in Phoenix.
10/29/2019 Kingsbridge Holdings, LLC acquired Technology Finance Corporation. The terms of the transaction were not disclosed. Technology Finance Corporation provides information technology infrastructure leasing and financing to businesses and is based in Scottsdale.
10/29/2019 Restoration Builders Inc. agreed to acquire Mile High Restoration, Inc., doing business as Sorensen Roofing and Exteriors, G.C. The terms of the transaction were not disclosed. Restoration Builders provides property restoration services to both residential and commercial clients and is based in Phoenix.
10/31/2019 Simplicity Group Holdings, Inc. acquired PFG Marketing Group, Inc. The terms of the transaction were not disclosed. PFG provides advisory services to professional insurance agents whose primary practice is the sale of life insurance and annuities and is based in Glendale.
10/31/2019 Mobile Mini, Inc. (NasdaqGS:MINI) agreed to acquire the portable storage rental assets located in Long Island from Mobile On Demand Storage of NY Inc. Mobile Mini provides portable storage and specialty containment solutions and is based in Phoenix.
10/31/2019 Verra Mobility Corporation (NasdaqCM:VRRM) acquired Pagatelia S.L. for $30.9 million. Verra Mobility provides smart mobility technology solutions and services and is based in Mesa.
M&A – Financial
10/30/2019 Outlier Capital acquired an unknown interest in K1 Speed, Inc. The terms of the transaction were not disclosed. Outlier is a private equity firm based in Phoenix.
Private Placements
10/1/2019 DeUVe Photonics Inc. announced that it has received funding from new investor UAVenture Capital, LLC. DeUVe Photonics develops a deep-ultraviolet short-wavelength laser technology and is based in Sahuarita. UAVenture is a venture capital fund designed to commercialize University of Arizona science, technology, services and products and is based in Tucson.
10/15/2019 STYR Labs Inc. announced that it has received a round of funding from new investor HCAP Partners. STYR Labs develops a mobile application to track diet, exercise, hydration, and other fitness aspects and is based in Scottsdale.
10/22/2019 Systems Oncology, LLC announced that it has received its Series B round of funding from new investor The Pritzker Organization, LLC. Systems Oncology develops drugs and therapies for cancer patients and is based in Scottsdale.