May 2012 Arizona Mergers and Acquisitions Activity

November 2011 Arizona M&A ActivityMergers and Acquisitions – Strategic

M&A – Strategic

5/2/2012 Chandler based Microchip Technology Inc. (NasdaqGS: MCHP), which develops, manufactures, and sells semiconductor products for embedded control applications entered into an agreement to acquire Standard Microsystems Corp. (NasdaqGS: SMSC) for approximately $830.0 million.

5/8/2012  Scottsdale based General Dynamics C4 Systems, Inc. which designs, developes, and integrates secure communication technology solutions  signed a definitive agreement to acquire IPWireless, Inc. from Spark Capital, North Atlantic Capital, and others. Terms of the transaction were not disclosed.

5/8/2012 Service King Paint & Body, LLC agreed to acquire Tolleson based Auto Body World Inc., which engages in auto body collision repair services.  Terms of the transaction were not disclosed.

5/9/2012 Catalyst Corporate Federal Credit Union signed a non-binding letter of intent to acquire Chandler based FirstCorp Credit Union. The terms of the transaction were not disclosed.

5/11/2012 Matheson Tri Gas, Inc. acquired the business and assets of Phoenix based US Airweld, Inc., which sells welding supplies.  The terms of the transaction were not disclosed.

5/14/2012 ImpactRx, Inc. acquired a majority stake in Phoenix based Source Healthcare Analytics, LLC which provides information, analytics, and consulting services from Wolters Kluwer Health, Inc. Terms of the transaction were not disclosed.

5/15/2012  Phoenix based First Rate Staffing Inc., which provides staffing solutions, entered into an agreement to acquire Moosewood Acquisition Corp. The terms of the transaction were not disclosed.

5/18/2012 Ultra Clean Holdings, Inc. (NasdaqGS: UCTT) entered into a merger agreement to acquire Chandler based Advanced Integration Technologies, which develops, manufactures, and supplies critical modules to semiconductor, solar, and flat panel display industries, for $99.4 million in cash and stock. Ultra Clean will pay $74.4 million in cash and will issue 4.5 million shares of its common stock.

5/21/2012 FleetPride, Inc. acquired the assets of  Phoenix based Westpac Heavy Duty

5/1/2012 Centerbridge Capital Partners entered into an agreement to acquire Scottsdale based P.F. Chang’s China Bistro, Inc., (NasdaqGS: PFCB), which owns and operates restaurants, for $1.1 billion in cash.

Private Placements

5/1/2012  Gilbert based Heliae Development, LLC, which develops a technology platform solution to produce renewable materials from algae, announced that it has raised $15.0 million in funding from Agri Investments Pte. Ltd.


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