Arizona Deal Intelligence - July 2025

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

7/1/2025 Southwest Strategies, LLC acquired Kiterocket, LLC. The terms of the transaction were not disclosed. Kiterocket offers marketing and public relations services and is based in Phoenix.

7/2/2025 Lamar Advertising Limited Partnership acquired assets from Verde Outdoor Media, LLC. The terms of the transaction were not disclosed. Verde operates as an outdoor advertising agency and is based in Tempe. Snell & Wilmer served as legal advisor to Verde.

7/2/2025 Raceway Car Wash acquired Rowlett Car Wash. The terms of the transaction were not disclosed. Raceway provides express car wash services and is based in Phoenix.

7/2/2025 Aqueous Health Holdings acquired an unknown majority stake in Principle Diagnostics Laboratory. The terms of the transaction were not disclosed. Based in Phoenix, Aqueous offers laboratory services across all sectors of medical care, such as pain management, substance abuse, podiatry, urology, long-term care, memory care, and assisted living. Polsinelli PC served as legal advisor to Aqueous.

7/7/2025 Equimine, Inc. acquired Batch Leads and Batch Dialer of BatchService, LLC. The terms of the transaction were not disclosed. BatchService designs and develops a real estate data software as a service (SaaS) platform and is based in Tempe.

7/7/2025 Cultural Experiences Abroad, Inc. (CEA) acquired Center for International Studies from Global Educators Inc. The terms of the transaction were not disclosed. CEA provides international education opportunities and support for students in the U.S. and Canada and is based in Phoenix.

7/8/2025 Simplicity Group Holdings, Inc. acquired DuVall Financial Group. DuVall will re-brand to Simplicity DFG. The terms of the transaction were not disclosed. DuVall specializes in developing custom strategies for agents and their clients to secure financial independence and is based in Phoenix.

7/8/2025 Accredited Labs acquired Trident Calibration Labs. The terms of the transaction were not disclosed. Trident offers electronics calibration and repair services and is based in Phoenix.

7/9/2025 Revelyst, Inc. acquired Golflogix, Inc. The terms of the transaction were not disclosed. Based in Scottsdale, Golflogix designs and develops a GPS and shot-tracking mobile app technology that empower golfers with immersive 3D mapping, precise yardage, and performance analytics to improve scoring worldwide.

7/9/2025 Finch, LLC acquired The Wizard Marketing Group, LLC. The terms of the transaction were not disclosed. The Wizard provides digital marketing and search engine optimization services and is based in Maricopa.

7/10/2025 Viirl, LLC acquired Yelp Division from Phoenix Online Advertising. The terms of the transaction were not disclosed. Phoenix Online Advertising provides marketing services such as search engine optimization, pay per click, and graphic design services and is based in Scottsdale. Viirl is a digital marketing agency focused on measuring, reporting, and demonstrating results to services businesses across the U.S. and is based in Scottsdale.

7/14/2025 Cavco Industries, Inc. (NasdaqGS:CVCO) agreed to acquire American Homestar Corporation for $190.0 million. Cavco designs, produces, and retails factory-built homes primarily in the U.S. and is based in Phoenix. DLA Piper LLP (US) is serving as legal advisor to Cavco.

7/15/2025 Doorvest Inc. acquired Wreno Home Services LLC. The terms of the transaction were not disclosed. Wreno designs and develops an end-to-end home evaluation and maintenance service platform for iBuyers, REITs, and prop-tech companies and is based in Scottsdale.

7/15/2025 TopBuild Corp. (NYSE:BLD) acquired Progressive Services, Inc., dba Progressive Roofing, LLC, for $810.0 million. Progressive provides roofing installations, maintenance, repairs, and design build services in the U.S. and is based in Phoenix. Brownstein Hyatt Farber Schreck, LLP served as legal advisor to Progressive.

7/15/2025 Crown Concepts, LLC acquired Racing Equipment Sales from Radical Motorsport Ltd. The terms of the transaction were not disclosed. Crown manufactures and distributes collectible vehicles and is based in Tucson.

7/16/2025 Enser Corporation acquired LiftTrac Product Line from Isbell Lifts, LLC. The terms of the transaction were not disclosed. Isbell provides material lifts and handling solutions and is based in Phoenix.

7/22/2025 Kinective acquired Janusea, Inc. The terms of the transaction were not disclosed. Kinective is a provider of banking operations platforms for financial institutions and is based in Gilbert.

7/22/2025 Sunbelt Modular, Inc. acquired Whitley Manufacturing Co., Inc. The terms of the transaction were not disclosed. Sunbelt designs and manufactures modular buildings and is based in Phoenix.

7/22/2025 Fennemore agreed to acquire an unknown majority stake in Galvanize Law Group, LLC. The terms of the transaction were not disclosed. Fennemore offers legal advisory services and is based in Phoenix.

7/23/2025 Sonoran Desert Institute acquired CL Driving School, LLC. The terms of the transaction were not disclosed. Based in Tempe, Sonoran offers online education services that helps students learn the skills and techniques needed in the firearms technology and uncrewed technology industries.

7/23/2025 Osaic Services, Inc. acquired an unknown majority stake in Innovative Wealth Team. The terms of the transaction were not disclosed. Osaic offers management consulting services and is based in Scottsdale.

7/24/2025 iWave Information Systems Inc. acquired Affinaquest, LLC. The terms of the transaction were not disclosed. Based in Scottsdale, Affinaquest provides a Software-as-a-Service (SaaS) platform and offers a CRM database system based on the Salesforce platform to manage information for fundraising.

7/24/2025 Action Verb LLC, dba Files.com, acquired ExpanDrive LLC. The terms of the transaction were not disclosed. ExpanDrive offers cloud storage services and is based in Tempe. Files.com designs and develops a cloud platform that empowers collaboration, automation, integration, and compliance, and is based in Tempe.

7/28/2025 Sun Auto Tire & Service Inc. acquired Barrett's Tire Co. The terms of the transaction were not disclosed. Sun Auto Tire provides automotive aftermarket repair services under the BRAKEmax and Tire Works brands and is based in Tucson.

7/29/2025 Clinisys, Inc. acquired Orchard Software Corporation. The terms of the transaction were not disclosed. Clinisys develops diagnostic informatics solutions to laboratories worldwide and is based in Tucson.

7/30/2025 Ancestry.com LLC acquired iMemories, LLC. The terms of the transaction were not disclosed. Based in Scottsdale, iMemories provides a cloud-based storage and streaming service that enables users to store, manage, and share their family memories, such as videos and photos. Leonis Principal LLC served as legal advisor to iMemories.

7/31/2025 Wealth Enhancement Group, LLC acquired Manwaring Wealth Management LLC. The terms of the transaction were not disclosed. Manwaring is an employee-owned investment manager based in Gilbert.

M&A - Financial

7/2/2025 CSG.BIO, Corbel Management, LLC, and Weave Growth Partners, LLC acquired an unknown majority stake in New England Fertility Institute. The terms of the transaction were not disclosed. CSG.BIO provides integrated fertility, stem cell, and regenerative medicine services, and is based in Scottsdale.

7/21/2025 CapitalSpring announced a majority investment in Mister Sparky Franchising SPE LLC in a transaction that included a significant co-investment from Atticus Franchise Group, LLC. Based in Phoenix, Mister Sparky Franchising SPE LLC is the second largest franchisee of Mister Sparky, a consumer electrical franchise offering premium residential services in more than 150 cities.

Private Placements

7/1/2025 Supersede announced that it has received $5.0 million in a round of funding from new investor Closed Loop Partners, LLC. Supersede manufactures structural sheathing boards made from recycled plastics and is based in Phoenix.

7/9/2025 Inshur Inc. announced that it will receive $35.0 million in a round of funding led by new investor Trinity Capital Inc. (NasdaqGS:TRIN). Trinity is a venture capital firm specializing in venture debt and is based in Phoenix.

7/9/2025 ALTR FLTR Inc. announced that it has received $5.0 million in a round of funding led by Demeter Investment Managers with participation from Suntory Global Spirits Inc., Arizona Venture Development Corporation (AVC), and other investors. ALTR operates as a nanotechnology company that removes alcohol molecules from drinks and is based in Scottsdale. AVC is a venture capital firm based in Phoenix.

7/14/2025 evolvedMD, LLC announced the close of its $34.0 million Series B investment led by Sustainable Investing at Goldman Sachs Alternatives with participation from Conductive Ventures, Clayton Associates, LLC, and other investors. evolvedMD provides integrated psychiatric collaborative care management (CoCM) services in primary care and is based in Scottsdale. Gunderson Dettmer Stough Villenueve Franklin & Hachigian, LLP served as legal advisor to evolvedMD.

7/23/2025 Volca announced that it has received $5.5 million in a round of funding led by Pathlight Ventures and included participation from GTMfund LLC, Recall Capital, and other investors. GTMfund is a venture capital firm based in Scottsdale.

7/31/2025 EarthDaily Analytics Corp. announced that it has received $60.0 million in a round of funding that included participation from new investor Trinity Capital Inc. (NasdaqGS:TRIN). Trinity is a venture capital firm specializing in venture debt and is based in Phoenix.