Business Digest August 17, 2012

OPENINGS

Children’s Hospital Colorado has opened The Children’s Hospital Colorado Therapy Care Center, a 20,000-square-foot facility at 8401 Arista Place, in the Arista mixed-use development in Broomfield. The center offers physical, occupational and speech therapy for children, as well as neurologic and psychiatric treatment. The center cost $1.2 million to outfit and will see more than 22,000 patients per year, according to Children’s Colorado. The center previously was in Westminster.

Bob Bolak has opened Sandler Training in Boulder at 36 Pima Court, Boulder. Sandler Systems Inc., based in Owings Mills, Maryland, specializes in business development, sales, management and leadership coaching, consulting and training with more than 600 trainers in more than 200 offices in 25 countries. Bolak, as president and owner of Sandler Training in Boulder, has more than 25 years of business development and management experience. Contact Sandler Training in Boulder at 303-991-0502 or bbolak@sandler.com.

Orlando, Florida-based uBreakiFix Retail Development Co., a repair company for iPhone, iPod, SmartPhone, tablets and computers, on July 18 opened a uBreakiFix repair location at 1136 Spruce St., Boulder.

Greenwood Village-based Red Robin Gourmet Burgers Inc. (Nasdaq: RRGB) opened a Red Robin’s Burger Works restaurant Aug. 6, at 2700 Arapahoe Ave., Unit 370, Boulder. Burger Works locations feature a build-your-own-burger option. The Boulder location is the fourth Burger Works in the United States and the third in Colorado; other locations include the Shops at Northfield Stapleton, the 16th Street Mall in downtown Denver and the campus of Ohio State University in Columbus, Ohio.

Ed Janos and Nick Hayes have opened Zanitas Mexican, a fast-casual Mexican restaurant at 1352 College Ave., Boulder. The restaurant features tacos, burritos, enchiladas and veggie entrees. It is open daily for lunch and dinner. Phone is 720-644-6200.

CLOSINGS

Denver-based Guaranty Bank and Trust Co. plans to close its “under-performing” branch bank in Lafayette in October, subject to regulatory approvals. Guaranty has several locations in Northern Colorado, including at least five in Boulder County. It is a wholly owned subsidiary of Guaranty Bancorp (Nasdaq: GBNK).

BRIEFS

Biotechnology company Clovis Oncology Inc. is partnering with Foundation Medicine Inc. to develop a diagnostic test for ovarian and breast cancer patients. Financial terms were not disclosed between Boulder-based Clovis (Nasdaq: CLVS) and Cambridge, Massachusetts,-based Foundation Medicine, a drug research and development company. The two companies plan to develop a test for cancer patients to find the ones most likely to respond to Clovis’ developmental drug Rucaparib, the two companies said in a press statement. Rucaparib is in the early stage of clinical development.

Array BioPharma Inc. is looking for a drug company to partner on a new patient test of its developmental pain drug ARRY-797, the company’s chief financial officer said. Boulder-based Array (Nasdaq: ARRY) recently wrapped up a drug trial that showed that 157 osteoarthritis patients saw a significant reduction in knee pain when using ARRY-797, according to a press statement.

West Ottawa Soccer, the second-largest soccer club in Canada with more than 21,000 members, is using TeamSnap for Clubs and Leagues, a product from Boulder-based mobile and web sports-management service TeamSnap Inc. The club and its teams use the service to communicate with members, manage the schedule, track which players are coming to the games, track statistics and standings, and more.

Broomfield-based Webroot Software Inc. and FI Delaware Inc., formerly Finjan Inc., reached a settlement in the patent infringement case that FI Delaware filed against Webroot and several other Internet security companies in July 2010. Terms of the settlement were not disclosed.

CONTRACTS

Bishop and Layton Design Inc., doing business as Design Concepts Inc., has a contract worth an estimated $5 million to work at nine Colorado schools as part of a Colorado Department of Education capital-projects program. The Lafayette-based landscape architecture firm is partnering with architecture firms in Denver and Colorado Springs to address health and safety concerns at mostly rural schools around the state. Funds for the work come from the Colorado Department of Education Building Excellent Schools Today, or BEST, program. Capital improvements being made to the schools include fixing substandard construction and dealing with asbestos and wasteful energy systems, Design Concepts said in the press statement.

Louisville-based Koglin Group LLC signed a contract with NCR Corp. to install electrical and data services to the Wendy’s restaurants in Tampa, Florida. It also has been chosen to provide data service to Sonic’s restaurants in Oklahoma City, Oklahoma. This is part of the Koglin Groups’ point-of -sales services.

Broomfield-based Webroot Software Inc., an Internet security provider, is partnering with Corero Network Security, an international network security company. Corero will integrate Webroot IP Reputation Service into its solutions, to provide its customers with increased real-time protection against known malicious Internet threats.

MERGERS & ACQUISITIONS

Nashville, Tennessee-based Shareholder InSite Inc., acquired the Venture Services Division of Boulder-based Quist Financial Inc. The division provides venture capital/private equity and private company valuation services. Shina Culberson, formerly managing director of Quist’s Tax & Transaction Services Division, has been appointed president of Quist Financial. Thomas Miler, former president, and Brett Suchor, former chairman of Quist Financial, will continue as owners of and advisers to Quist Financial.

SERVICES

Elevations Credit Union has launched a suite of energy loan products, giving businesses and homeowners in Boulder County and the City and County of Denver access to cost-effective financing for energy-saving upgrades and improvements through a partnership with Boulder EnergySmart and the Denver Energy Challenge. Rates for residential properties start as low as 2.8 percent and those for commercial properties start at 3.8 percent.

Deadline to submit items for Business Digest is three weeks prior to publication of each biweekly issue. Mail to Editor, Boulder County Business Report, 3180 Sterling Circle, Suite 201, Boulder, CO 80301-2338; fax to 303-440-8954; or email to news@bcbr.com with Business Digest in the subject line. Photos submitted will not be returned.

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