Arizona Deal Intelligence - November 2024
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
11/1/2024 Fathom Holdings Inc. (NasdaqCM:FTHM) acquired My Home Group Real Estate, LLC. The terms of the transaction were not disclosed. My Home Group provides residential real estate brokerage services and is based in Scottsdale.
11/5/2024 Lumifi Cyber, Inc. acquired Critical Insight, Inc. The terms of the transaction were not disclosed. Lumifi provides end-to-end cybersecurity resilience solutions with a specialty in managed detection and response (MDR) services and is based in Scottsdale. Snell & Wilmer, L.L.P. served as legal advisor to Lumifi.
11/6/2024 Tessenderlo Kerley, Inc. acquired Tiger-Sul Products Co. The terms of the transaction were not disclosed. Tessenderlo produces and markets specialty chemical solutions for agriculture, mining, industrial, and water reclamation markets worldwide and is based in Phoenix. Fennemore Craig Dowling Aaron served as legal advisor to Tessenderlo.
11/6/2024 Viad Corp (NYSE:VVI) acquired Eddie's Cafe & Mercantile for $15.9 million. Viad provides hospitality, leisure activities, experiential marketing, and live events in the U.S., Canada, Europe, the Middle East, and Africa and is based in Scottsdale.
11/7/2024 QuickStart Intelligence, Inc. acquired Promineo Education LLC. The terms of the transaction were not disclosed. Promineo provides vocational school for software development courses and is based in Peoria.
11/7/2024 Grace Hebert Curtis Architects, LLC acquired Orcutt Winslow Architecture USA, LLC. The terms of the transaction were not disclosed. Orcutt Winslow provides architecture, interior design, and planning services and is based in Phoenix.
11/11/2024 Osaic Inc. acquired Nova Wealth. The terms of the transaction were not disclosed. Osaic, through its subsidiaries, provides financial solutions in the U.S. and is based in Phoenix.
11/12/2024 Perimeter Solutions Group, LLC acquired Diamond Iron LLC. The terms of the transaction were not disclosed. Diamond provides permanent fence and gate installation services and is based in Glendale.
11/13/2024 Imagine Learning LLC acquired EarlyBird Education. The terms of the transaction were not disclosed. Imagine designs and develops digital education technology solutions and is based in Tempe.
11/18/2024 OpenTech Alliance, Inc. acquired iBid4storage.com, Inc. The terms of the transaction were not disclosed. OpenTech provides self-storage solutions that connect storage owners with tenants in the U.S. and internationally and is based in Phoenix.
11/18/2024 Sun Auto Tire & Service Inc. acquired 4 Locations of Tire Max in North Carolina. The terms of the transaction were not disclosed. Sun Auto provides automotive aftermarket repair services under the BRAKEmax and Tire Works brands and is based in Tucson.
11/19/2024 Strive Compounding Pharmacy acquired The Compounding Center. The terms of the transaction were not disclosed. Strive specializes in customizing medications to fit the unique health conditions and wellness goals of each individual and is based in Gilbert.
11/20/2024 Kinematics Manufacturing, Inc. agreed to acquire P.4.Q. Electronics, S.L. The terms of the transaction were not disclosed. Kinematics manufactures slewing drives for solar, wind, industrial, mobile, satellite, and medical markets. and is based in Phoenix.
11/20/2024 Performance Inflatables Co., LLC, a portfolio company of Pinewell Capital, acquired Flexi-Liner Corporation. The terms of the transaction were not disclosed. Performance engineers inflatable solutions for all environments from subsea to space and is based in Scottsdale.
11/20/2024 Snowflake Inc. (NYSE:SNOW) agreed to acquire Datavolo, Inc. The terms of the transaction were not disclosed. Datavolo develops and provides multimodal data pipelines for generative AI and is based in Peoria.
11/21/2024 RMA Group, Inc. acquired HydroGEOPHYSICS, Inc. The terms of the transaction were not disclosed. HydroGEOPHYSICS is a geophysical consulting and service provider specializing in the application of advanced geophysical methodologies to analyze, understand, and image near-subsurface earth structures and is based in Tucson.
11/25/2024 Sunland Asphalt & Construction, Inc. acquired Metro Pavers, Inc. The terms of the transaction were not disclosed. Sunland offers commercial asphalt paving, maintenance, and specialty contract services for roads, parking lots, and sports field artificial surfaces and is based in Phoenix.
M&A - Financial
11/7/2024 LPL Financial LLC acquired S&G Wealth Partners LLC. The terms of the transaction were not disclosed. S+G offers wealth management services and is based in Tempe.
11/13/2024 Galanthus Partners acquired ActiveG. The terms of the transaction were not disclosed. ActiveG provides GIS-integrated enterprise asset management solutions and is based in Mesa.
11/18/2024 Charlesbank Capital Partners, LLC acquired an unknown stake in Capital Consultants Management Corporation. The terms of the transaction were not disclosed. Capital Consultants offers third-party property management services and is based in Scottsdale. Quarles & Brady LLP served as legal advisor to Capital Consultants.
Private Placements
11/1/2024 Daiwa House USA Holdings Inc. acquired a 35% equity interest in Alliance Residential Company. Alliance is a rental residential real estate developer based in Scottsdale. Dentons US LLP served as legal advisor to Alliance.
11/12/2024 Auror Limited announced that it has received a round of funding co-led by Axon Enterprise, Inc. (NasdaqGS:AXON), W23 Global Fund, and Reinventure Group Pty. Ltd. with participation from Movac Limited, GD1 Management Limited, and other investors. Axon develops, manufactures, and sells conducted energy devices under the TASER brand in the U.S. and internationally and is based in Scottsdale.
11/21/2024 Polaris Modular announced that it has received $6.3 million in a round of funding co-led by new investors Sentry Financial Corporation and HSL Properties Financial Corp. HSL is a property development and management company based in Tucson.