Tag Archives: P

Matt Likens - AZ Business Magazine January/February 2012

$600M sale of Ulthera named Deal of the Year for 2014

The $600 million purchase of Mesa-based Ulthera, Inc. by German company Merz Pharma was selected as the 2014 Deal of the Year Award by the Association for Corporate Growth-Arizona Chapter.

The “Deal of the Year” is an award given by the Arizona Chapter of the Association for Corporate Growth (ACG) to recognize a company or private equity firm for their accomplishments regarding a merger, acquisition or capital market transaction.  The award recognizes a deal/transaction in the Arizona marketplace involving established businesses with between $10 million and $750 million of revenue that closed in calendar year 2014.

The Deal of the Year Award was given Tuesday night at a dinner at the Arizona Biltmore. Vonage’s purchase of Scottsdale-based Telesphere Networks in a $114 million transaction was the runner-up for the award.

“This is an example of a merger and acquisition that was truly a win for the companies involved and for Arizona’s economy,” said Sanat Patel, Board President for ACG-Arizona. “We congratulate the team behind the Ulthera purchase for their hard work in creating a transaction that has helped an Arizona company expand its global presence.”

Ulthera, Inc. is a venture capital-funded start-up company that was established in Mesa in January, 2004. Ulthera has developed a focused ultrasound approach to creating reliable and significant firming, tightening and lifting of facial skin tissue in one-hour non-invasive procedures.

Matt Likens, President & CEO with Ulthera, said that the transaction has strengthened Ulthera’s position in the marketplace significantly.

“Ulthera represents the only medical device within the Merz Pharma product portfolio,” Likens said. “Since the deal closed six months ago, our presence in Mesa has continued to expand. We are now positioned as the medical device center of innovation and excellence for Merz Pharma globally.”

The award criteria for the Deal of the Year included:

·       Deal-making that either created or demonstrates a real potential for substantial return on investment

·       Deal-making that evidences the unlocking of value and/or contribution to the strategic development of the business

·       Deal-making that produces a wider business impact, such as the development of new markets, products, services and/or technologies and the creation or retention of quality employment opportunities in Arizona

·       Deal-making that reflects a high level of professional expertise in the design of the transaction and tested creativity and deal-making skills in completing the transaction

·       At least one company involved in the transaction must be headquartered or have a majority of its operations in Arizona

Founded in 1954, the Association for Corporate Growth (ACG) is a global association for professionals involved in corporate growth, corporate development, and mergers and acquisitions. Today ACG stands at more than 14,000 members from corporations, private equity, finance, and professional service firms representing Fortune 500, Fortune 1000, FTSE 100, and mid-market companies in 56 chapters in North America, Europe, and Asia. The Arizona chapter of ACG includes representatives from corporate investment and private equity groups, financiers, venture capitalists and supporting consultant services. For more information, visit www.acg.org/arizona.

spielberg

Spielberg Benefit Concert Raises more than $600K

On Saturday September 28th The Phoenix Symphony hosted a Benefit Concert Conducted by John Williams with Special Guest Steven Spielberg. This one-night-only performance was a fundraiser that combined two Hollywood titans, iconic music scores and a selection of unforgettable film clips in order to benefit The Phoenix Symphony’s Education and Community Engagement programs.

This special evening began with a pre-concert reception for Sponsors and VIPs held in the Green Room at Symphony Hall. The private reception featured cocktails, hors d’oeuvres and was attended by 150 event sponsors, VIP’s and members of The Phoenix Symphony Board of Directors.

After the reception, over 2,200 attendees entered a sold-out Symphony Hall for an unforgettable evening of music from the movies. The concert featured selections from some of Williams’ most popular scores including Star Wars, Harry Potter, Jaws, Schindler’s List, and much more. This special concert also showcased Steven Spielberg presenting the magic of music and cinema along with a selection of film clips projected over the orchestra with clips from Close Encounters of the Third Kind and Indiana Jones. The concert ended with an encore of the theme to Indiana Jones and a triple standing ovation for Maestro Williams, Steven Spielberg, and The Phoenix Symphony.

The evening concluded with an exclusive post-concert VIP Meet & Greet for 50 people. Champagne and desserts were served as the guests relived and reveled in the magical performance and presentation. Maestro Williams and Mr. Spielberg joined the reception where they greeted attendees, posed for photographs and signed autographs.

“What an honor to have such an incredible benefit concert with two of the biggest names from Hollywood Maestro John Williams and legendary film director Steven Spielberg,” said Jim Ward, President and CEO of The Phoenix Symphony. “My sincere thanks to our special guests for donating their time and tremendous talent and to our event sponsors for demonstrating a commitment to music education.”