October 2012 Arizona Mergers and Acquisitions Activity

Oct 2012 Arizona Mergers and Acquisitions ActivityM&A – Strategic

Oct 2, 2012  Scottsdale based Scottsdale Healthcare, acquired an additional stake in Biltmore Surgical Center which operates an outpatient surgery center. The terms of the transaction were not disclosed.

Oct 3, 2012  Scottsdale based Parchment Inc. acquired Avow Systems Inc., which operates a SAAS (software-as-a-service) system for educational institutions  to request, process, and deliver transcripts. The terms of the transaction were not disclosed.

Oct 3, 2012  Phoenix based Inventure Foods, which manufactures and markets natural and indulgent specialty snack food products sold it’s Direct Store Delivery to Snyder’s-Lance, Inc.  The terms of the transaction were not disclosed.

Oct 4, 2012  Tucson based Halili Physical Therapy, which provides physical therapy was acquired by Foothills Sports Medicine. The terms of the transaction were not disclosed.

Oct 8, 2012  Mesa based Guidon Performance Solutions which operates as a global management consulting company was acquired by TeleTech Holdings Inc.  The terms of the transaction were not disclosed.

Oct 8, 2012  Phoenix based CSafe, LLC  which was owned by AmSafe which manufactures safety and securement equipment for aerospace, defense, and ground transportation industries was acquired by DoubleDay Acquisitions, LLC. The terms of the transaction were not disclosed.

Oct 12, 2012  Mesa based Nextcare Urgent Care, which operates urgent care facilities and on-site employer clinics acquired Access Medical Centers. The terms of the transaction were not disclosed.

Oct 14, 2012   Tucson based Tucson Padres which operate as a minor league baseball team was acquired by Mountain Star Sports Group. The terms of the transaction were not disclosed.

Oct 23, 2012   Phoenix based  AFS Technologies, dba Advanced Food Systems, which offers business automation solutions to manufacturers, distributors, and brokers in the food and beverage industry, acquired Quofore International, Inc. and MEI Computer Technology Group, Inc. The terms of the transactions were not disclosed.

Oct 25, 2012   Mesa based Nextcare Urgent Care, which operates urgent care facilities and on-site employer clinics acquired acquired Verde Valley Urgent Care & Occupational Medicine, PLLC.. The terms of the transaction were not disclosed.

Oct 29, 2012   Payson based, SemStream Arizona Propane, LLC which Propane offers underground utility and tank propane deliveries entered into a definitive agreement to be acquired by Alliant Gas, LLC.

Oct 31, 2012   Phoenix based OSAM Document Solutions which provides document management systems was acquired by DataBank IMX, LLC. The terms of the transaction were not disclosed.

M&A – Financial

Oct 23, 2012   Chandler based Pan Am Education which provides custom tutoring solutions, sold a majority stake to Pivotal Group. The terms of the transaction were not disclosed.

Private Placements

Oct 10, 2012   Scottsdale based IO Data Centers, which designs, engineers, and delivers digital energy technology for large enterprises, governments, and service providers received $90.0 million in a third equity financing round led by new investor New World Ventures.

 

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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.