Today’s Deals: HSX.com Merges Into Predict It

 Xpedior (XPDR) to acquire Parago
unit

  
* 
Amount:        
$800,000

  
* 
Terms:           
150,000-179,450 shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
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Scorecard:      B+

CHICAGO, Sept. 19–Xpedior , a provider of
eBusiness solutions to Global 2000 companies and emerging digital
businesses, and Parago, a promotional marketing CRM company,
announced Xpedior will acquire certain
assets from Parago, formerly How2.com,
that will expand Xpedior’s creative services capabilities. Xpedior will
hire up to 24 of Parago’s creative design employees, who will bring a
number of skillsets such as streaming media and online illustration,
enhancing Xpedior’s creative services team. Xpedior will issue a minimum of
150,000 and a maximum of 179,540 new shares of Xpedior common stock in
exchange for the assets acquired by Xpedior.




 

 Vertex Interactive (VETX) acquires Renaissance
Software

  
* 
Amount:         $50
million

  
* 
Terms:           
3.6 million shares

  
* 
Premium:        n/a

  
* 
Industry:        Performance
software

  
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Scorecard:      B

CLIFTON, N.J., Sept. 19–Vertex Interactive , provider of business-to-business fulfillment technologies,
announced the acquisition of Renaissance Software, a provider of
e-business supply chain management software. The acquisition of Renaissance will enable Vertex to offer a broader and
more complete suite of supply chain management and technology tools. The
transaction is valued at approximately $50 million, paid for through the
issuance of approximately 3.6 million shares of Vertex common stock.




 

 HealthStream (HSTM) acquires SynQuest
Technologies

  
* 
Amount:         $4
million

  
* 
Terms:           
820,000 shares + debt

&n

bsp; 
* 
Premium:        n/a

  
* 
Industry:        Internet
services

  
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Scorecard:      C+

NASHVILLE, Sept. 19–HealthStream , a
provider of e-learning solutions to healthcare organizations and
professionals, announced the completion of a transaction to acquire
substantially all of the assets of SynQuest Technologies, a provider
of online training and education to hospitals and healthcare organizations.
With the acquisition of SynQuest
Technologies, based in Raleigh, North Carolina, HealthStream adds more than 300
hospital customers, bringing its total hospital customer base to over 850
hospitals. The consideration paid for SynQuest includes issuance of
approximately 820,000 shares of HealthStream common stock and the
assumption of approximately $2.5 million of liabilities.




 

 GoHealth.MD to merge with Herb Companion
Press

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C

CHERRY HILL, N.J., Sept. 19–GoHealth.MD
announced that it has executed the definitive merger agreement with Herb
Companion Press of Loveland, Colorado, publisher of Herbs for Health
magazine, which has a newsstand and paid circulation of more than 250,000
per issue. The acquisition is intended to accelerate the multi-media
platform strategy of GoHealth.MD, which owns and operates HealthMall.com.




 

 Predict It (PRIT) to merge with Hollywood Stock
Exchange

  
* 
Amount:        
Undisclosed

  
* 
Terms:           
n/a

  
* 
Premium:        n/a

  
* 
Industry:       
Content/Communities

  
* 
Scorecard:      C

NEW YORK, Sept. 19–Predict It , a provider
of interactive prediction applications targeting the online sports and
financial markets, announced that it has entered into a letter of intent to
merge with Hollywood Stock Exchange, an online entertainment company
best known for its patented and highly popular entertainment virtual stock
market. The combined company will be known as “HSX.” As part of the
proposed merger transaction, a group of institutional investors have also
signed the letter of intent signifying their intention to invest $10
million in new equity capital in the combined company upon the merger, in
which former shareholders of Predict
It and Hollywood Stock Exchange will
receive approximately 19% and 57% respectively, while the new investor
group will receive approximately a 24% stake.




 

 Keyware acquires Neosys

  
* 
Amount:         $3
million

  
* 
Terms:           
cash and stock

  
* 
Premium:        n/a

  
* 
Industry:        E-commerce
enablers

  
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Scorecard:      n/a

WOBURN, Mass., Sept. 19–Keyware, a provider of biometric
identification solutions, announced the acquisition of Neosys,
providers of advanced e-commerce solutions, located in Belgium. Neosys will be integrated into the Keyware Internet Division, which develops
technology designed to speed the growth of biometric-enabled Internet
applications. The deal was worth approximately $3 million in cash and
shares plus an earn-out incentive.