Acquisitions in Colorado in 2017

Everyday Health Professional, a subsidiary of j2 Global, acquired Health eCareers from DHI Group, Inc. for approximately $15 million in cash. The transaction closed on December 4, 2017; DHI said it will use the proceeds to reduce debt and focus on its core technology-focused talent businesses.

Ogdon Ventures, a family-run private equity firm, has acquired Westland Distributing Inc., a leading distributor of manufactured housing supplies in the Western United States. The firm has formed Westland Distributing Partners, LLC and hired Lou Braun as President to drive growth via a sales and marketing playbook and increased digital presence.

L3 Technologies completed the acquisition of Doss Aviation, Inc. on September 12, 2017; terms were not disclosed. The purchase adds Doss’s initial flight training and airfield support capabilities (including a Pueblo, Colorado training facility) to L3’s Electronic Systems segment, expanding L3’s military pilot training footprint and expected to be accretive to earnings.

Savaria Corporation has entered into an agreement to acquire all of the assets of Visilift, LLC for US$5.0 million, with additional contingent consideration tied to post-closing performance. The acquisition expands Savaria's residential elevator product portfolio by adding Visilift's round and octagonal panoramic glass elevator technology and transfers production to Savaria's manufacturing facilities.

Equifax Inc. acquired ID Watchdog, a Denver-based identity theft protection and resolution services company, for approximately $63 million. The acquisition will integrate ID Watchdog's identity solutions into Equifax's consumer and employee benefits offerings to expand capabilities in identity protection and breach resolution.

Sunbelt Rentals has acquired Van's Equipment Co., a two-location construction equipment rental company serving the Denver metro (with branches in Dacono and Aurora). The acquisition expands Sunbelt's presence in the Rocky Mountain region; SDR Ventures served as exclusive sell-side advisor to Van's.

KAISER AG, a family-owned Liechtenstein industrial vehicle manufacturer, has acquired Premier Oilfield Equipment, a North American designer and manufacturer of specialized hydrovac (vacuum) trucks and petroleum tanks. Brown Gibbons Lang & Company served as exclusive financial advisor to Premier; transaction terms were not disclosed.

Boston Logic, a Providence Equity–backed real estate SaaS platform, has acquired Propertybase, a Boulder-based real estate CRM and marketing SaaS provider. Propertybase's management and its ~48-person team will remain in place as the combined company maintains both product offerings and seeks to expand its US and global footprint.

Brass Ring Capital purchased a majority equity interest in Creative Learning Systems, a Longmont, Colorado-based provider of turn-key STEM SmartLabs for K-12 schools. Cherry Tree advised Creative Learning Systems’ owners, Gary Nelson and Matt Dickstein, on the ownership transition as founder Gary Nelson planned for retirement.

Daxko, a Birmingham-based provider of software for member-based health and wellness organizations, has acquired Zen Planner, a Highlands Ranch/Denver-based member management SaaS provider that serves over 5,500 gyms and studios. The acquisition expands Daxko's reach into the small business segment of the health & wellness market and adds Zen Planner's payments and integrated websites capabilities to Daxko's product portfolio.