Arizona Deal Intelligence - June 2019

This report is prepared as a courtesy to the Arizona 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 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

6/2/2019  Wipfli LLP acquired TopLine Strategies. The terms of the transaction were not disclosed. TopLine develops a software that offers customer relationship management and business intelligence services to businesses and is based in Scottsdale.

6/3/2019  Homewood Holdings LLC acquired assets of The Door Mill, Inc. and Valley View Window and Door LLC. The terms of the transaction were not disclosed. The Door Mill distributes interior and exterior doors, hardware, moldings, and trims and is based in Chandler. Valley View engages in the distribution and installation of windows and doors in Arizona and is based in Chandler.

6/3/2019  Arizona Federal Credit Union agreed to acquire Pinnacle Bank. The terms of the transaction were not disclosed. Pinnacle Bank provides personal and business banking products and services in Arizona and is based in Scottsdale. Arizona Federal Credit Union operates as a credit union in Arizona and is based in Phoenix. Hunton Andrews Kurth LLP is serving as legal advisor to Pinnacle Bank. Howard & Howard Attorneys PLLC is serving as legal advisor to Arizona Federal Credit Union.

6/3/2019  BearCom Group, Inc. acquired the event radio rentals business of Creative Communications Sales & Rentals, Inc. The terms of the transaction were not disclosed. Creative Communications operates as a Motorola two-way radio dealer and service center and is based in Phoenix.

6/5/2019  Lorne Goldberg acquired Pei Wei Asian Diner, Inc. The terms of the transaction were not disclosed. Pei Wei operates a chain of restaurants in the United States and is based in Scottsdale. Weil, Gotshal & Manges LLP and Polsinelli PC served as legal advisors to Pei Wei.

6/7/2019  Xpressdocs Partners, Ltd. acquired Amazingmail.com, Inc. The terms of the transaction were not disclosed. Amazingmail provides print and mail solutions and is based in Phoenix.

6/19/2019  Argos Health, Inc. acquired Caid Solutions. The terms of the transaction were not disclosed. Caid manages provider enrollment, billing, and collection services for out-of-state Medicaid claims for hospitals and is based in Glendale.

6/19/2019  AssuredPartners, Inc. acquired Horizon Insurance Agency, LLC. The terms of the transaction were not disclosed. Horizon provides various types of insurance and is based in Phoenix.

6/20/2019  GO Car Wash acquired Big Splash Car Wash. The terms of the transaction were not disclosed. GO offers car washing services and is based in Phoenix.

6/21/2019  Casella Waste Systems, Inc. (NasdaqGS:CWST) entered into an asset purchase agreement to acquire solid waste assets in Albany, NY and Cheshire, MA of Republic Services, Inc. (NYSE:RSG). The terms of the transaction were not disclosed. Republic Services provides non-hazardous solid waste collection, transfer, recycling, disposal, and energy services for small-container, large-container, municipal and residential, and energy services customers in the United States and Puerto Rico and is based in Phoenix.

6/23/2019  Insight Enterprises, Inc. (NasdaqGS:NSIT) entered into a definitive agreement to acquire PCM, Inc. (NasdaqGM:PCMI) for $625.8 million. Insight provides information technology (IT) hardware, software, and services solutions and is based in Tempe. Sullivan & Cromwell LLP is serving as legal advisor to Insight.

6/23/2019  Landsea Holdings Corporation acquired Pinnacle West Homes. The terms of the transaction were not disclosed. Pinnacle West operates as a manufacturer and developer of single family houses and is based in Mesa.

6/25/2019  Datacap Systems, Inc. acquired the payments gateway technology assets of Octopi Commerce LLC. The terms of the transaction were not disclosed. Octopi operates an artificial intelligence-based point of sale customer data platform and is based in Scottsdale.

6/26/2019  Arizona Vision of Mesa, PLC acquired the assets of Horwitz Vision Center, LLC. The terms of the transaction were not disclosed. Jennings, Strouss & Salmon, PLC served as legal advisor to Arizona Vision of Mesa.

6/28/2019  An unknown buyer acquired Tempress Systems BV from Amtech Systems, Inc. (NasdaqGS:ASYS). The terms of the transaction were not disclosed. Amtech manufactures and sells capital equipment and related consumables for use in fabricating solar cells, light-emitting diodes (LEDs), and semiconductor devices and is based in Tempe.

Salt River Project Agricultural Improvement and Power District (SRP) acquired all of the equity interests of Coolidge Power, LLC from TransCanada Facility USA, Inc. Jennings, Strouss & Salmon, PLC served as legal advisor to SRP.

M&A - Financial

6/7/2019  Promus Equity Partners, LLC acquired TOTAL SEAL, Inc. The terms of the transaction were not disclosed. TOTAL SEAL manufactures and markets piston rings for automobiles and is based in Phoenix.

Private Placements

6/2/2019  The Professional Companies announced that it has raised funding from new investor Serent Capital. The Professional Companies provides home healthcare and management solutions and is based in Phoenix. Snell & Wilmer L.L.P. served as legal advisor to The Professional Companies.

6/4/2019  Lykan BioScience, LLC announced that it has received an equity round of funding from new investor WindRose Health Investors, LLC. Lykan designs and develops outsourced end-to-end production and logistics solutions for pharmaceutical and biotech companies and is based in Phoenix. Greenberg Traurig, LLP served as legal advisor to Lykan.

6/5/2019  OncoMyx Therapeutics, Inc. announced that it will receive $25.0 million in funding from Delos Capital Management, LP, Xeraya Capital Sdn Bhd., Boehringer Ingelheim Venture Fund L.P. and other investors. OncoMyx develops oncolytic immunotherapies based on the myxoma virus (MYXV) platform to orchestrate an immune response and treat cancer and is based in Phoenix.

6/18/2019  StrataTech Education Group announced that it has received funding from new investor The Halifax Group. StrataTech acquires, develops, and operates educational institutions and vocational schools and is based in Phoenix.

6/19/2019  Coplex Holdings LLC announced that it has received $2.5 million in its seed round of funding co-led by new investor DFE and existing investor AZCrown Ventures LLC and including participation from Ilya Pozin, Berke Bakay, Gregg Larson, Kal Somani, and other investors. Coplex operates as a tech startup accelerator and is based in Phoenix. AZCrown Ventures is a venture capital firm based in Tempe.