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

GoHealth.MD + Herb Companion
Press
, HealthStream + SynQuest Technologies, Keyware + Neosys, Predict It + Hollywood Stock
Exchange
, Vertex Interactive + Renaissance
Software
, Xpedior + Parago

















































 Xpedior (XPDR) to acquire Parago
unit

 

  
* 
Amount:
        
$800,000

 

  
* 
Terms:
           
150,000-179,450 shares

 

  
* 
Premium:
        n/a

 

  
* 
Industry:
        Performance
software

 

  
* 
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

 

  
* 
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

 

  
* 
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

 

  
* 
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.


     

 

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