| Target | Acquirer | Value ($millions) | Synopsis |
| Acacia Communications Inc | Cisco Systems Inc | 3059.3 | Cisco Systems Inc definitively agreed to merge with Acacia Communications Inc, a Maynard-based manufacturer of high-speed coherent interconnect products, for $70 in cash per share, or a total $3. 059 bil. |
| Virgin Galactic LLC | Social Capital Hedosophia Holdings Corp | 1300.0 | Social Capital Hedosophia Holdings Corp (SCH) definitively agreed to merge with Virgin Galactic LLC (VG), a Mojave-based provider of commercial space travel services, from Virgin Group Ltd, for a total $1.3 bil, in a stock swap reverse takeover transaction. The consideration was to consist of $300 million in cash and $1 billion in SCH common shares. Upon completion, SCH and VG shareholders were to own 49% stake and 51% interest in the merged entity, respectively. Additionally, SCH was to be renamed Virgin Galactic Holdings Inc. |
| BioTek Instruments Inc | Agilent Technologies Inc | 1165.0 | Agilent Technologies Inc definitively agreed to acquire BioTek Instruments Inc, a Winooski-based manufacturer of analytical laboratory instruments, for $1.165 bil. |
| Adapthealth Holdings LLC | DFB Healthcare Acquisitions Corp | 510.1 | DFB Healthcare Acquisitions Corp (DFB) agreed to acquire the entire share capital of Adapthealth Holdings LLC (AdaptHealth), a Phoenixville-based medical equipment and supplies merchant wholesaler, in exchange for 49 million DFB common shares valued at an estimated $510.09 million , in a stock swap reverse takeover transaction. The shares were valued based from DFB's closing stock price of $10. 41 on 5 July 2019, the last full trading prior the announcement. Upon completion, DFB and AdaptHealth, were to own 41% and 59% respectively, and DFB will be renamed as AdaptHealth Holding Corp and remain listed on NASDAQ. |
| Sandler O'Neill Partners LP | Piper Jaffray Cos | 485.0 | Piper Jaffray Cos definitively agreed to merge with Sandler O'Neill Partners LP, a New York-based securities brokerage, for a total $485 million . The consideration was to consist of $350 million in cash and $135 million in restricted common shares. |
| Isle Of Capri Casino Kansas City,Kansas City,Missouri | Twin River Worldwide Holdings Inc | 230.0 | Twin River Worldwide Holdings Inc (Twin River) definitively agreed to acquire Isle Of Capri Casino Kansas City (Isle Kansas City) , a Kansas City-based casino operator, from Eldorado Resorts Inc. Concurrently, Twin River definitively agreed to acquire Lady Luck Casino VicksBurg. The two transactions had a combined value of $230 million . |
| Aspen Surgical Products Inc | Audax Group LP | 170.0 | Audax Group LP definitively agreed to acquire Aspen Surgical Products Inc, a Caledonia-based manufacturer of medical instruments, from Hill-Rom Holdings Inc, for a total $170 million , in a leveraged buyout transaction. |
| Caliber Co | Long Range Acquisition LLC | 170.0 | Long Range Acquisition LLC acquired the entire share capital of Caliber Co, a Westfield-based manufacturer of ammunition, from Vista Outdoor Inc, for a total $170 million . The consideration was consisted of $158 million in cash and $12 million in promissory notes. |
| The Frederick,Brooklyn,New York | Harbor Group International LLC | 117.0 | Harbor Group International LLC acquired The Frederick, a Brooklyn-based lessor of residential buildings and dwellings, from Heritage Equity Partners, for a total $117 million . |
| Spitfire Pharma Inc | Altimmune Inc | 93.0 | Altimmune Inc definitively agreed to merge with Spitfire Pharma Inc, a South San Francisco-based manufacturer of pharmaceutical preparation, for an estimated $93 million . The consideration was to consist of $5 million in common shares and up to $88 million in profit-related payments. |
| Treehouse Foods Inc-Flagstone Foods Trail Mix Business | Atlas Holdings LLC | 90.0 | Atlas Holdings LLC definitively agreed to acquire flagstone foods trail mix business of Treehouse Foods Inc, an Oak Brook-based manufacturer of canned fruits and vegetables, for an estimated $90 million , in a leveraged buyout transaction. Originally, in November 2018, TreeHouse was rumored to be seeking a buyer for its flagstone foods trail mix business. |
| Artesyn Embedded Technologies Inc-Embedded Computing business | SMART Global Holdings Inc | 90.0 | SMART Global Holdings Inc (SMART Global) acquired the Embedded Computing business of Artesyn Embedded Technologies Inc, a Boca Raton-based manufacturer of electronic components, ultimately owned by Platinum Equity LLC, for an estimated $90 million . The consideration was to consist of an estimated $80 million in cash and up to $10 million in profit-related payments. Concurrently, SMART Global acquired Inforce Computing Inc. |
| Exton Apartment Complex,Exton,PA | Morgan Properties Trust | 82.0 | Morgan Properties Trust acquired Exton Apartment Complex, an Exton-based lessor of residential buildings and dwellings, for a total $82 million . |
| Virginia Sealing Products Inc-Assets & Trade | Diploma PLC | 80.0 | Diploma PLC of the UK acquired assets & trade of Virginia Sealing Products Inc, a Prince George-based manufacturer of packing devices, for a total $80 million . The consideration consisted of $70 million in cash and up to $10 million in profit-related payments. |
| Advantor Systems Corp | Vectrus Systems Corp | 44.0 | Vectrus Systems Corp, a unit of Vectrus Inc, acquired Advantor Systems Corp, an Orlando-based provider of security technology solutions service, for $44 million . |
| American Sinopan LLC | Excel Earth Ltd | 23.7 | Excel Earth Ltd, a unit of Imperial Pacific International Holdings Ltd, agreed to acquire a 50% interest in American Sinopan LLC, intermediator, from First Sinopan International Ltd, for a total $23.653 million . |
| Lake Point Business Center | TerraCap Management LLC | 17.6 | TerraCap Management LLC acquired Lake Point Business Center, an Orlando-based lessor of nonresidential buildings, for a total $17. 625 million . |
| SAVSU Technologies LLC | BioLife Solutions Inc | 17.3 | BioLife Solutions Inc (BSI) was granted an option to acquire the remaining 56% interest, which it did not already own, in SAVSU Technologies LLC, an Albuquerque-based provider of computer systems design services, from Barson Corp, in exchange for 1.1 million common shares valued at $17.281 million . The shares were valued based on BSI's closing stock price of $15.71 on 5 July 2019, the last full trading day prior to the announcement. |
| First National Bank of Jackson | Citizens Deposit Bank & Trust Inc,Vanceburg,Kentucky | 14.8 | Citizens Deposit Bank & Trust Inc,Vanceburg,Kentucky, a unit of Premier Financial Bancorp Inc, Huntington,West Virginia, definitively agreed to acquire First National Bank of Jackson, a Jackson-based commercial bank, from First National Holding Co of Jackson, for an estimated $14.8 million in cash. |
| Inforce Computing Inc | SMART Global Holdings Inc | 12.0 | SMART Global Holdings Inc (SMART Global) acquired Inforce Computing Inc, a Fremont-based provider of computer systems design services, for a total $12 million . Concurrently, SMART Global acquired the Embedded Computing business of Artesyn Embedded Technologies Inc. |
| Zetta Medical Technologies LLC | Agiliti Inc | | Agiliti Inc, a unit of VeriCenter Inc, acquired Zetta Medical Technologies LLC, a Lake Zurich-based medical equipment and supplies merchant wholesaler. |
| Degginger Mcintosh & Associates Inc | Alliant Insurance Services Inc | | Alliant Insurance Services Inc, a unit of Kohlberg Kravis Roberts & CoLP, acquired Degginger Mcintosh & Associates Inc, a Bellingham-based insurance agency. Terms were not disclosed. |
| Pavonia Life Insurance Co Of Michigan | Ares Insurance Solutions-Aspida Financial | | Ares Insurance Solutions- Aspida Financial, a unit of Ares Management Corp-Ares Insurance Solutions, acquired Pavonia Life Insurance Co Of Michigan, insurance agency, from Household Life Insurance Co Of Delaware, ultimately owned by Enstar Group Ltd. |
| THLETE Inc | Ares Outdoors LLC | | Ares Outdoors LLC acquired THLETE Inc, a Franklin-based sporting and recreational goods and supplies merchant wholesaler. Terms of the transaction were not disclosed. |
| Stonehenge Insurance Solutions Inc | Arthur J Gallagher & Co | | Arthur J Gallagher & Co acquired Stonehenge Insurance Solutions Inc, a Palm Beach Gardens-based provider of commercial insurance products and consulting services. Terms were not disclosed. |
| RIS Insurance Services Inc | AssuredPartners Inc | | AssuredPartners Inc, a unit of Apax Partners LP, acquired RIS Insurance Services Inc, an Anacortes-based insurance agency. |
| Navigator Management Partners LLC | Avaap USA LLC | | Avaap USA LLC acquired Navigator Management Partners LLC, a Columbus-based provider of management consulting services. |
| Westlane Shopping Center | Baceline Investments LLC | | Baceline Investments LLC acquired Westlane Shopping Center, an Indianapolis-based lessor of nonresidential buildings. Concurrently, Baceline Investments LLC acquired Cooper St Marketplace, lessor of nonresidential buildings and Tarrant Parkway, a Dallas-based lessor of nonresidential buildings. |
| Cooper St Marketplace | Baceline Investments LLC | | Baceline Investments LLC acquired Cooper St Marketplace, lessor of nonresidential buildings. Concurrently, Baceline Investments LLC acquired Westlane Shopping Center, an Indianapolis-based lessor of nonresidential buildings and Tarrant Parkway, a Dallas-based lessor of nonresidential buildings. |
| Tarrant Parkway | Baceline Investments LLC | | Baceline Investments LLC acquired Tarrant Parkway, a Dallas-based lessor of nonresidential buildings. Concurrently, Baceline Investments LLC acquired Westlane Shopping Center, an Indianapolis-based lessor of nonresidential buildings and Cooper St Marketplace, lessor of nonresidential buildings. |
| People's United Financial Inc-Branches(8) | Bar Harbor Bank & Trust Co | | Bar Harbor Bank & Trust Co, a unit of Bar Harbor Bankshares, definitively agreed to acquire 8 branches of People's United Financial Inc, a Bridgeport-based savings institution. |
| Elanco Animal Health Inc | Bayer AG | | Bayer AG of Germany was rumored to be planning to merge with Elanco Animal Health Inc, a Greenfield-based manufacturer of pharmaceutical preparation, from Eli Lilly & Co. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $7.8 bil. |
| Industrial Properties(3) | Bixby Land Co | | Bixby Land Co acquired Industrial Properties(3), an Atlanta-based lessor of nonresidential buildings. |
| Siege Technologies LLC | Braes Capital LLC | | Braes Capital LLC acquired Siege Technologies LLC, a Rome-based provider of computer systems design services, from Nehemiah Security. |
| Cleary Gull Inc | Canadian Imperial Bank of Commerce,Toronto,Ontario | | Canadian Imperial Bank ofCommerce,Toronto,Ontario of Canada agreed to acquire Cleary Gull Inc, a million waukee-based investment bank. Terms were not disclosed. |
| Wayin Inc | Cheetah Digital Inc | | Cheetah Digital Inc acquired Wayin Inc, a Denver-based provider of custom computer programming services. |
| Century 21 Adams Lawndale | Commonwealth Real Estate | | Commonwealth Real Estate acquired Century 21 Adams Lawndale, a Belmont-based lessor of residential buildings and dwellings. |
| Rose Orchard,San Jose,CA | Drawbridge Realty Trust LLC | | Drawbridge Realty Trust LLC acquired Rose Orchard, a San Jose-based owner and operator of office buildings, from Shorenstein Realty Services LP. Terms were not disclosed. |
| Convergent Energy Power | Energy Capital Partners LLC | | Energy Capital Partners LLC acquired Convergent Energy Power, producer of crude petroleum and natural gas, in a leveraged buyout transaction. |
| Globe Composite Solutions Ltd | ESCO Technologies Inc | | ESCO Technologies Inc acquired Globe Composite Solutions Ltd, a Stoughton-based manufacturer of rubber products. |
| Kmr Inc | Finlink Inc | | Finlink Inc acquired Kmr Inc, software publisher, from Park Capital Investment Management. |
| Todd Cable Construction LLC | FirstLight Fiber Inc | | FirstLight Fiber Inc, a unit of Antin Infrastructure Partners SAS, acquired Todd Cable Construction LLC, a Newport-based power and communication line constructor. Terms were not disclosed. |
| Sole Financial | FleetCor Technologies Inc | | FleetCor Technologies Inc acquired Sole Financial, a Portland-based provider of payroll services. |
| Rifiniti Inc | FM:Systems Inc | | FM:Systems Inc acquired Rifiniti Inc, a Boston-based software publisher. |
| Red Book Connect LLC | Fourth Ltd | | Fourth Ltd of the UK, a unit of Insight Venture Partners LLC, acquired the entire share capital of Red Book Connect LLC, an Austin-based software publisher. |
| Blackrock Inc-Community Wind South | Greenbacker Renewable Energy Co LLC | | Greenbacker Renewable Energy Co LLC agreed to acquire an undisclosed majority ownership interest in community wind south of Blackrock Inc, a New York City-based investment bank. |
| Ehrmann Commonwealth Dairy LLC | Groupe Lactalis SA | | Groupe Lactalis SA of France, a unit of BSA SAS, acquired Ehrmann Commonwealth Dairy LLC, a Brattleboro-based manufacturer of dry dairy products, from Ehrmann Ag. |
| Leaf Life | Harvest Health & Recreation Inc | | Harvest Health & Recreation Inc acquired Leaf Life, a Casa Grande-based drug store operator. |
| Peter A Ripper & Associates, Inc | Healthcare Financial Resources Inc | | Healthcare Financial Resources Inc, a unit of Housatonic Equity Investors V LP, acquired Peter A Ripper & Associates, provider of financial transactions services. |
| Airganics LLC | Heavenly Rx Ltd | | Heavenly Rx Ltd of Canada, a unit of SOL Global Investments Corp, entered into a Letter of Intent {LoI} to acquire the entire share capital of Airganics LLC, yarn spinning million l operator. |
| Kirkman Group Inc-Nutraceutical Business | Hemptown Organics Corp | | Hemptown Organics Corp acquired the nutraceutical business of Kirkman Group Inc, a Lake Oswego-based manufacturer of medicinals and botanicals. |
| SAFER Systems LLC | Industrial Scientific Corp | | Industrial Scientific Corp, a unit of Fortive Corp, acquired SAFER Systems LLC, a Westlake Village-based reproducer of software. |
| Psychiatric Medical Care LLC | Integrated Telehealth Partners | | Integrated Telehealth Partners acquired Psychiatric Medical Care LLC, a Nashville-based health specialist's office operator. |
| Corepoint Health LLC | Interoperability Bidco Inc | | Interoperability Bidco Inc planned to acquire the entire share capital of Corepoint Health LLC, a Frisco-based software publisher. |
| Valence Surface Technologies Inc | Investor Group | | An investor group, comprised of British Columbia Investment Management Corp and ATL Partners LLC acquired Valence Surface Technologies Inc, a The Woodlands-based manufacturer of aircraft parts and auxiliary equipment, from Trive Capital LLC. |
| Matrix Composites Inc | ITT Inc | | ITT Inc acquired Matrix Composites Inc, a Rockledge-based manufacturer of aerospace composite products, from Skaps Industries. |
| Home Franchise Concepts LLC | JM Family Enterprises Inc | | JM Family Enterprises Inc acquired Home Franchise Concepts LLC, an Irvine-based retailer of home improvement goods and related services, from Trilantic Capital Management LP. |
| Kensington International Inc | Keystone Partners | | Keystone Partners, a unit of Silver Oak Services Partners LLC, acquired Kensington International Inc, an Oak Brook-based provider of human resources and executive search consulting services. Terms were not disclosed. |
| Greenberg Strategy | Lieberman Research Worldwide | | Lieberman Research Worldwide, a unit of Tailwind Capital Partners LP, acquired Greenberg Strategy, an Emeryville-based provider of research and development services, in a leveraged buyout transaction. |
| Clarus Commerce llc | Marlin Equity Partners LLC | | Marlin Equity Partners LLC (Marlin Equity) acquired an undisclosed majority interest in Clarus Commerce LLC (Clarus), internet service provider, in a secondary buyout transaction. Originally, Clarus was acquired by Clarus Commerce LLC SPV, a special purpose vehicle formed by Falcon Investment Advisors LLC, Trivergance LLC and Landon Capital Partners LLC. |
| Covia Holdings Corp-Lime Business,Calera,AL | Mississippi Lime Co | | Mississippi Lime Co, a unit of HBM Holdings Co, definitively agreed to acquire lime business,Calera, AL of Covia Holdings Corp, a New Canaan-based industrial sand mine operator, ultimately owned by SCR Sibelco NV. |
| Actuant Corp-Engineered Components & Systems Segment | One Rock Capital Partners LLC | | One Rock Capital Partners LLC agreed to acquire engineered components & systems segment of Actuant Corp, a Menomonee Falls-based manufacturer of fluid power cylinders and actuators, in a leveraged buyout transaction. In January 2019, Actuant Corp, a Menomonee Falls-based manufacturer of fluid power cylinders and actuators, announced that it was seeking a buyer for its engineered components & systems segment. |
| Advizr Inc | Orion Advisor Services LLC | | Orion Advisor Services LLC acquired Advizr Inc, a New York-based provider of financial planning & wellness platform. Terms were not disclosed. |
| LYMI Inc | Permira Advisers LLP | | Permira Advisers LLP of the UK, a unit of Permira Advisers Holdings Ltd, planned to acquire an undisclosed majority interest in LYMI Inc, a Vernon-based women's apparel cutting and sewing contractor, in a leveraged buyout transaction. |
| Bolingbrook Dermatology | Pinnacle Dermatology LLC | | Pinnacle Dermatology LLC acquired Bolingbrook Dermatology, a Bolingbrook-based physician's office operator. |
| Lasselle Place,Moreno Valley,California | Praedium Group LLC | | Praedium Group LLC acquired Lasselle Place, a Moreno Valley-based lessor of residential buildings and dwellings. |
| Valicor Environmental Services LLC | Pritzker Private Capital | | Pritzker Private Capital definitive ly agreed to acquire Valicor Environmental Services LLC, a Monroe-based water supply system operator, in a leveraged buyout transaction. |
| Meritra Health LLC | Quad M Solutions Inc | | Quad M Solutions Inc signed a letter on intent {LoI} to acquire a 51% interest in Meritra Health LLC, a Westerville-based physician's office operator. |
| QxBranch Inc | Rigetti & Co Inc | | Rigetti & Co Inc acquired QxBranch Inc, a Washington-based software publisher. |
| York Risk Services Group Inc | Sedgwick Claims Management Services Inc | | Sedgwick Claims Management Services Inc, a unit of The Carlyle Group LP, planned to acquire York Risk Services Group Inc, a Jersey City-based provider of claims adjusting services, from Onex Corp. Terms were not disclosed. |
| Callon Petroleum Co-non core assets | Sequitur Permian LLC | | Sequitur Permian LLC, a unit of Sequitur Energy Resources LLC, acquired non core assets of Callon Petroleum Co, a Natchez-based producer of crude petroleum and natural gas, ultimately owned by Callon Petroleum Co. |
| Grupo Rotoplas Sab De Cv-Rotomoulding Factories(3) | Tank Holding Corp | | Tank Holding Corp, a unit of Leonard Green & Partners LP, acquired 3 rotomoulding factories of Grupo Rotoplas Sab De Cv, an Alvaro Obregon-based manufacturer of commercial and service industry machinery. |
| MJ Fitness Management LLC | Taymax Fitness LLC | | Taymax Fitness LLC acquired MJ Fitness Management LLC, a Huntsville-based fitness and recreational sports center operator. Terms were not disclosed. |
| Aspen Heights,Clemson,SC | The Preiss Co | | The Preiss Co acquired Aspen Heights, a Clemson-based rooming and boarding houses operator. |
| Beauty Quest Group | Transom Capital Group LLC | | Transom Capital Group LLC acquired professional liquids division of Conair Corp (liquids division), a Stamford-based manufacturer of electric housewares, in a leveraged buyout transaction. On Completion, liquids division was renamed as Beauty Quest Group. |
| Lady Luck Casino Vicksburg,Vicksburg,Mississippi | Twin River Worldwide Holdings Inc | | Twin River Worldwide Holdings Inc (Twin River) definitively agreed to acquire Lady Luck Casino Vicksburg (Lucky Luck), a Vicksburg-based casino operator, from Eldorado Resorts Inc. Concurrently, Twin River, definitively agreed to acquire Isle of Capri Casino Kansas City. The two transactions had a combined value of $230 million . |
| AM PAN Business Systems | UBEO Inc | | UBEO Inc, a unit of Sentinel Capital Partners LLC, acquired AM PAN Business Systems, a Port Neches-based provider of computer and office machine repair and maintenance services. Terms were not disclosed. |
| Kendall Green Energy | Veolia Energy North America Holdings Inc | | Veolia Energy North America Holdings Inc, a unit of Veolia Environnement SA, acquired an undisclosed majority interest in Kendall Green Energy, a Cambridge-based electric power generation facility operator, from ISQ Global Infrastructure Fund LP, ultimately owned by I Squared Capital Advisors LLC. |
| Riverwalk Apartments,Rockhill,SC | West Shore LLC | | West Shore LLC acquired Riverwalk Apartments, a Rock Hill-based owner and operator of apartment community. |
| Hendrick Acura,Overland Park,Kansas | Wolfe Automotive Group LLC | | Wolfe Automotive Group LLC acquired Hendrick Acura, an Overland Park-based new car dealer. |
| US M&A Deals Announced June 28 to July 11, 2019 | | | |
