Arizona Deal Intelligence - June 2022


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

6/1/2022 US LBM Holdings, Inc. acquired Truss Fab Companies. The terms of the transaction were not disclosed. Truss is a manufacturer of structural roof and floor trusses, wall panels and supplier of lumber to customers in Arizona, California, Nevada and New Mexico and is based in Glendale.

6/1/2022 Insight Enterprises, Inc. (NasdaqGS:NSIT) acquired Hanu Software Solutions, Inc. The terms of the transaction were not disclosed. Insight, together with its subsidiaries, provides information technology hardware, software, and services solutions and is based in Tempe. Snell & Wilmer served as legal advisor to Insight.

6/1/2022 Orcutt Winslow Architecture USA, LLC agreed to acquire HHCP Design International, Inc. The terms of the transaction were not disclosed. Orcutt is an architectural and interior design firm based in Phoenix.

6/2/2022 Cerberus Cyber Sentinel Corporation (NasdaqCM:CISO) acquired Creatrix, Inc. The terms of the transaction were not disclosed. Cerberus operates as a security services company and is based in Scottsdale.

6/3/2022 Anderson Powersports, LLC acquired Arizona West All Sport, Inc. The terms of the transaction were not disclosed. Arizona West is a powersports dealership based in Lake Havasu City. Anderson is a powersports dealership with locations in Lake Havasu City, Bullhead City, and Parker. Frazer, Ryan, Arnold & Goldberg served as legal advisor to Arizona West. Jennings, Strouss & Salmon, PLC served as legal advisor to Anderson.

6/7/2022 Majco, Inc. acquired 11 service centers in Tucson from MPG Automotive Services. The terms of the transaction were not disclosed. MPG provides tire and automotive services and is based in Tucson.

6/7/2022 Healthcare Outcomes Performance Company (HOPCo) acquired the Musculoskeletal Patient Engagement and Outcomes Tracking Platform from Future Health Works Ltd. The terms of the transaction were not disclosed. HOPCo provides orthopedic practice and service line management to hospitals and health systems, medical groups and practices, and payors and is based in Phoenix.

6/9/2022 Christie Innomed Inc. acquired Comp-Ray, Inc. The terms of the transaction were not disclosed. Comp-Ray is an independent x-ray service and sales corporation in the Desert Southwest and is based in Phoenix.

6/14/2022 Andavi Solutions, LLC acquired Business Impact, Inc. The terms of the transaction were not disclosed. Andavi develops data insights and analytics platforms for the beverage alcohol and consumer packaged goods industries and is based in Phoenix.

6/14/2022 Fennemore agreed to acquire Wendel Rosen LLP. The combined firm will be called Fennemore Wendel in Northern California and Fennemore across the rest of its footprint in Southern California, Arizona, Colorado and Nevada. The terms of the transaction were not disclosed. Fennemore offers legal advisory services and is based in Phoenix.

6/14/2022 Camping World Holdings, Inc. (NYSE:CWH) agreed to acquire Anthem RV. The terms of the transaction were not disclosed. Anthem operates as a recreational dealership and is based in Phoenix.

6/15/2022 Dogs 24/7 LLC acquired Learning Pawsibilities LLC. The terms of the transaction were not disclosed. Learning Pawsibilities provides pet care services and is based in Phoenix. Dogs 24/7 engages in pet care services and is based in Chandler.

6/16/2022 Arcomet Beheer NV acquired Compass Equipment Holdings LLC. The terms of the transaction were not disclosed. Compass provides tower crane and hoist rental services and is based in Gilbert.

6/16/2022 Wm T. Burnett & Co., Inc. acquired Flex Foam. The terms of the transaction were not disclosed. Flex manufactures polyurethane foam and is based in Phoenix.

6/21/2022 Global Market Innovators, Inc. (GMI) acquired HarborTech Mobility, Inc. The terms of the transaction were not disclosed. GMI offers information technology infrastructure products and services and is based in Phoenix.

6/22/2022 Evoke Group acquired Diffusion Group, LLC, dba meltmedia. The terms of the transaction were not disclosed. meltmedia operates as a life sciences digital marketing agency providing digital strategy, design, and development services to the life science industry and is based in Tempe.

6/22/2022 Advisor Group, Inc. agreed to acquire American Portfolios Financial Services, Inc. The terms of the transaction were not disclosed. Advisor Group is a network of independent wealth management firms and is based in Phoenix.

6/23/2022 gr0.com LLC, dba GR0, acquired QuaGrowth. The terms of the transaction were not disclosed. QuaGrowth, an email marketing agency, provides email strategy and management services for ecommerce brands and is based in Paradise Valley.

6/27/2022 Kolbe Corp. agreed to acquire Dynamynd, Inc. The terms of the transaction were not disclosed. Dynamynd offers educational training applications for teachers and students and is based in Scottsdale. Kolbe operates as an employee testing company and is based in Phoenix.

6/28/2022 Eco Safety, Inc., dba Eco Safety Products, acquired Soy Technologies, LLC. The terms of the transaction were not disclosed. Eco Safety manufactures bio-renewable paint and chemicals and is based in Phoenix.

6/29/2022 GoDaddy Inc. (NYSE:GDDY) agreed to acquire Dan.com. The terms of the transaction were not disclosed. GoDaddy engages in the design and development of cloud-based technology products in the U.S. and internationally and is based in Tempe.

6/30/2022 Pueblo Mechanical & Controls, LLC acquired Travers Mechanical Services, LLC. The terms of the transaction were not disclosed. Pueblo provides HVAC and installation services for school districts, governmental agencies, municipalities, and private firms and is based in Tucson.

M&A - Financial

6/14/2022 Vance Street Management LLC acquired Eberle Design Inc. The terms of the transaction were not disclosed. Eberle develops, manufactures, and distributes traffic control and access control products in the U.S. and internationally and is based in Phoenix.

Private Placements

6/2/2022 TYB Technologies, LLC announced that it has raised $9.8 million in a round of funding led by new investors Unusual Ventures and SoGal Ventures with participation from existing investor Castle Island Ventures. TYB develops and operates a platform that helps brands build direct relationships with their fans and is based in Tucson.

6/13/2022 Prenda, Inc. announced that it has raised $20.0 million in a round of funding led by new investor 776 Fund Management, LLC with participation from returning investors Album VC, Modern Venture Partners, and others. Prenda operates micro schools of small groups for kids that meet in a home, office, or studio in Arizona and is based in Mesa.

6/14/2022 BW Events LLC announced that it has raised a round of funding from Serent Capital Management Company, L.L.C. BW provides managed services and technology consulting solutions for the events industry and is based in Gilbert.

6/21/2022 Layer 9 Data Centers announced that it has raised a round of funding led by a highly accredited investor group within the digital infrastructure sector, including Lemonroy Business Solutions, S.A. De C.V. Layer 9 operates as a data center solutions provider and is based in Phoenix.

John Farr