February 2012 Arizona Mergers and Acquisitions Activity

February 2012 Arizona Mergers and Acquisitions ActivityM&A – Strategic

2/4/2012 ResponseLogix, Inc. acquired Scottsdale based Digital Air Strike which offers online reputation an social media management in the automotive industry. Terms of the transaction were not disclosed.

2/7/2012 Scottsdale based Prismic Pharmaceuticals, Inc. which develops prescription drugs acquired the assets of Scarista Limited. Terms of the transaction were not disclosed.

2/9/2012 Volvo Construction Equipment Rents, Inc. acquired Tucson based Arizona Rentals which is in the construction equipment rental industry. Terms of the transaction were not disclosed.

2/12/2012 Phoenix based Lee & Associates Licensing and Administration Co., LLC, that provides commercial real estate brokerage services acquired Anchor Commercial, LLC. Terms of the transaction were not disclosed.

2/13/2012 Rohrer Corporation acquired Mesa based Hogue Printing, Inc., which provides marketing services. Terms of the transaction were not disclosed.

2/13/2012 The Bode Technology Group, Inc. acquired Phoenix based Chromosomal Laboratories, Inc. which provides DNA testing services for immigration and private paternity.  Terms of the transaction were not disclosed.

2/15/2012 Scottsdale based CellTrust Corporation which provides secure mobile transactions as well as communications services and products, acquired RevMobile. Terms of the transaction were not disclosed.

2/16/2012  Scottsdale restaurants owner and operator P.F. Chang’s China Bistro, Inc. (NasdaqGS: PFCB) agreed to acquire a 51% stake in Phoenix based FRC Balance LLC from Fox Restaurant Concepts LLC. Terms of the transaction have not been finalized, as the deal is not yet closed.

M&A – Financial

2/28/2012 RLJ Equity Partners, L.P. along with Monroe Capital LLC acquired an unknown minority stake in Scottsdale based LAI International, Inc. which offers precision-engineered finished parts, and components, to technology industries from Spell Capital Partners Fund. The deal was funded by a $37.0 million loan facility provided by Monroe Capital.

 

2/28/2012  Phoenix based Arcadia Biosciences, Inc., which engages in the development of agricultural technologies and products that improve the environment and enhance human health, and Bioceres S.A. announced the formation of Verdeca, a 50-50 joint venture between the two companies. Terms of the transaction were not disclosed.

Private Placements

2/8/2012 Tempe based Unicorn Media, Inc. which develops video workflow optimization solutions , announced that it has raised series A round of funding from new investor Nexeven AB. Terms of the transaction were not disclosed.

2/13/2012  Scottsdale based American Standard Energy Corp. (OTCBB: ASEN) which engages in the exploration, development, and production of oil and natural gas properties, announced a private placement of secured promissory convertible note with returning investor, Pentwater Capital Management L.P. for gross proceeds of $20.0 million.

This report is prepared as a courtesy. Despite our best efforts, occasionally a deal is missed or the deal credits are not correct. 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.
Base data was supplied by: Columbia West Capital, LLC