The M&A Scene: ACG NY's Manufacturing & Logistics Conference
Dealmakers recently gathered at Bank of America Tower for the ACG New York event "Made in the USA: Dealmaking in a US Manufacturing Revival," which featured keynote speaker Adam Max, managing partner at The Jordan Co. Panelists included Christopher Chase of Morgan Joseph TriArtisan; Robert Landis of The Riverside Co.; Joseph Powers of Bank of America Business Capital; and Michael Teplitsky of Wynnchurch.
Spartan Race Founder Woos PE with Olympic Hopes
Joe DeSena, founder of Spartan Race Inc., looks to bring his own brand of mud runs to more than 50 countries
10 Startups Marissa Mayer Bought Before Tumblr
Summly, a news-sharing service Yahoo picked up for $30M, tops the list of purchases the new CEO made before the deal for Tumblr
Marine Shippers Aim to Stay Afloat
Excel Maritime and Seanergy Maritime are working towards restructuring their loans
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Vice President
Firm: BNY Mellon- Alcentra Mezzanine Partners
In the news: Ampersand Capital, Harris Williams, Riverstone
Jun 18, 2013 – News comes days after Detroit's emergency manager unveiled a controversial restructuring plan that will slash the city's unsecured debt
Jun 18, 2013 – The firm plans to invest between $15 million and $30 million for minority stakes in Mexican companies
Jun 18, 2013 – The pharmaceutical company, which has accumulated nearly $400M in debt, has earmarked the cash for a clinical trial
Jun 18, 2013 – Companies that have recently indicated doubt about continuing as going concerns in SEC filings
Jun 18, 2013 – The deal follows several others between companies that provides services to the oil and gas industry
Jun 18, 2013 – The deal marks an exit for private equity firm Clearlake Capital Partners
Jun 18, 2013 – RLJ Lodging Trust, the buyer, is one of three companies that Robert Johnson has taken public
Jun 18, 2013 – Mengniu looks to buy a local infant formula maker as baby food demand surges and the government pushes for safer products
Jun 17, 2013 – The target provides power engineering services to power generation systems, transmission lines and distribution networks
Jun 17, 2013 – Ampersand hires health care specialist; Harris Williams opens office in Germany; Riverstone names new head of Houston office
Jun 17, 2013 – AstraZeneca, Salix Pharmaceutical and Novo A/S have also made recent pharmaceutical acquisitions
Jun 17, 2013 – Allegience Capital and Deloitte recently purchased middle-market M&A advisory firms
Jun 17, 2013 – This is the largest forestry acquisition in North America after deals by Resource Management Service in 2006 and Plum Creek Timber Co. in 2001
Jun 17, 2013 – One Equity Partners will still make direct investments on behalf of JPMorgan for an “interim period” and continue to manage the bank’s existing group of portfolio companies
Jun 17, 2013 – The hardware store chain filed for Chapter 11 on June 17, citing increased competition from Home Depot and Lowe’s, and a highly-leveraged capital structure
Jun 17, 2013 – Rockwood is selling the ceramics business as a way to narrow the focus of the company
Jun 14, 2013 – Both brands make home products that they say are eco-friendly
Jun 14, 2013 – The target publishes e-newsletters Your Travel Insider, Luxury Cruise News and Your Travel Insider – Travel Tools
Jun 14, 2013 – See which companies have recently hit the auction block, including Lincoln Benefit Life Co. and Strategic Hotels & Resorts Inc.
Jun 14, 2013 – Deloitte Corporate Finance purchases McColl Partners; Gannett acquires Belo; Rcap Holdings buys First Allied
Jun 14, 2013 – CBRE has owned a minority stake in the target, Sogesmaint-CBRE, since 2006
Jun 14, 2013 – Both companies provide M&A advisory services. EquiCap was co-founded by Thomas Moore (pictured)
Jun 14, 2013 – The buyer focuses on funding and acquiring software and mixed-media companies
Jun 14, 2013 – MCB makes resistors, which are used as motion sensors by the aviation, military and space industries
Jun 14, 2013 – The real estate developer is picking up about 30 current and future communities from Centerline Homes in the transaction
Jun 14, 2013 – Joe DeSena, founder of Spartan Race Inc., looks to bring his own brand of mud runs to more than 50 countries
Jun 13, 2013 – "We haven't seen a deal like this in half a decade," says investment banker at ACG New York event
Jun 13, 2013 – Xradia develops 3-D x-ray microscopes for industrial and academic research
Jun 13, 2013 – The target develops ultrasound technology
Jun 13, 2013 – Murdock will pay $12 a share in cash for the 60 percent stake in the fresh fruit and vegetable producer
Jun 13, 2013 – The deal follows metal sector acquisitions by New Gold, Coeur d’Alene and Arian Silver
Jun 13, 2013 – The game developer previously acquired Hallpass Media and Minjolt
Jun 13, 2013 – The transaction adds to TV station M&A, which is expected to continue
Jun 12, 2013 – The PE firm offered $108M to take the company private in March, but withdrew the bid once the NYSE halted Ambow’s trading
Jun 12, 2013 – The deal marks an exit for PE firm Lovell Minnick Partners, which picked up a stake in the company in November 2011
Jun 12, 2013 – The buyer provides life insurance, 401(k) plans, long-term care insurance and other forms of business insurance
Jun 12, 2013 – Century Midstream, a newly formed company, will focus on developing and acquiring shale assets in North America
Jun 12, 2013 – Apollo agreed to sell most of its South African operations to Sumitomo Rubber last month
Jun 12, 2013 – Ascend does business through subsidiary Andover Games, which will cease to exist after the merger
Jun 11, 2013 – MasTec, Clearlake and PetroWeb have also recently bought companies that provide services to the oil and gas industry
Jun 11, 2013 – The buyer recently bought an anesthesia physician group based in Houston
Jun 11, 2013 – The search giant builds on Google Maps by acquiring the Israeli startup in a deal said to be worth $1.1B
Jun 11, 2013 – The biotechnology company has been notified by the New York Stock Exchange that it could be delisted, partially due to significant losses
Jun 11, 2013 – Companies that have recently indicated doubt about continuing as going concerns in SEC filings
Jun 11, 2013 – The PE buyer focuses on making control investments in lower middle-market companies
Jun 11, 2013 – AstraZeneca, Parallon and Great Point Partners have also recently made acquisitions in the health care space
Jun 11, 2013 – If it wants to counter, Dish has until June 18 to make its “best and final” proposal, Sprint said
Jun 11, 2013 – The target’s services include downloadable coupons and online ordering and delivery
Jun 10, 2013 – The target, Source Technologies, provides magnetic ink character recognition printers, software and maintenance
Jun 10, 2013 – Both companies provide time-sensitive messages for emergency notifications
Jun 10, 2013 – The target develops access management software
Jun 10, 2013 – B.C. Ziegler grows banking team, Gleacher hires restructuring officer, Bank of Montreal head retires
Jun 10, 2013 – The target, McColl Partners, has about 70 employees, who will join Deloitte Corporate Finance
Jun 10, 2013 – The $1.2B deal expands its portfolio of respiratory-disease treatments as competition for lung medicines increases
Jun 10, 2013 – The target, Twin Rivers Paper Co., makes packaging, label and publishing paper as well as lumber
Jun 10, 2013 – Campbell Soup, Cloetta and Bellisio Foods have also made recent food acquisitions
Jun 10, 2013 – Outsource provides insurance billing, Medicaid eligibility and follow up services to hospitals
Jun 10, 2013 – The deal provides a boost for IHS offerings in the global automotive industry
Jun 10, 2013 – The insurer hopes the acquisition will strengthen its position in the Canadian insurance market
Jun 7, 2013 – The beachwear retailer is looking to jettison DaKine Hawaii Inc., RVCA and West49
Jun 7, 2013 – See which companies have recently hit the auction block
Jun 7, 2013 – Carlson Systems buys Western Supply Co.; Salesforce acquires ExactTarget; Xerox picks up LearnSomething
Jun 7, 2013 – Latest offer for the Irish biotechnology company, which rejected two previous bids, is deemed a "game changer"
Jun 7, 2013 – Honolulu City plans to conduct between $120M and $150M in road repairs over the next five years
Jun 7, 2013 – Aircastle buys, leases and sells commercial jets
Jun 7, 2013 – The $10M deal should boost expansion efforts for the hospital services provider
Jun 7, 2013 – The REIT focuses on correctional, detention and re-entry facilities
Jun 6, 2013 – The target, TT Design Labs, also makes JustMount, a magnetic block that holds up iPhones that have the TidyTilt case
Jun 6, 2013 – The target’s products include hand-held staplers, tapers and marking and labeling products
Jun 6, 2013 – The combined company will have $765M in debt, which it plans to refinance
Jun 6, 2013 – Domestic deals in oil and gas have been heating up, as U.S. seeks to reduce dependence on other countries
Jun 6, 2013 – The insurer agreed to buy Peruvian insurer Rehder y Asociados Group in May
Jun 6, 2013 – This is the firm’s first European property purchase
Jun 6, 2013 – Banks, such as AmericanWest, are evaluating if all of their branches are necessary
Jun 5, 2013 – The deal marks an exit for PE firm HGGC (formerly known as Huntsman Gay Global Capital)
Jun 5, 2013 – The manufacturer is focuses on resolving its loan situation, but is willing to consider M&A opportunities
Jun 5, 2013 – ABB, First Reserve, Google and Renovalia Reserve have also recently made alternative energy acquisitions
Jun 5, 2013 – M&A in online businesses, including Seamless and Grubhub, is driven by companies seeking to attract local advertisers
Jun 5, 2013 – Buyers, including TransDigm and Heico, have also recently acquired plane-parts manufacturers
Jun 5, 2013 – PE-backed Aqua expands dermatology line with Verdeso Foam
Jun 5, 2013 – LearnSomething provides industry information and educational programs to the food, drug and health care industries
Jun 4, 2013 – RMK Timberland was sold by Regions Financial, which is focusing on "core banking activities"
Jun 4, 2013 – The group of education publications was sold by Thompson Media Group
Jun 4, 2013 – The buyer looks to combine ExactTarget capabilities with technology that is already in-house from previous acquisitions, including Radian6 and Buddy Media
Jun 4, 2013 – The deal should help should help IBM compete with Amazon.com
Jun 4, 2013 – The buyer makes Valspar Signature, Duramax, PlastiKote and Guardsman brand coatings
Jun 4, 2013 – Companies that have recently indicated doubt about continuing as going concerns in SEC filings
Jun 4, 2013 – ACG chair Charles Morton says 5,000-plus dealmakers are expected at Tianjin event
Jun 4, 2013 – The $750M deal follows other insurance buys by Tower Group, Digital Insurance and Marsh
Jun 4, 2013 – Since PE firm TA Associates bought SpeedCast in December, it has added on two companies – Australian Satellite Communications and Elektrikom Satellite Service
Jun 3, 2013 – The insurance industry is experiencing a period of consolidation, evidenced by deals from Digital Insurance, Marsh and others
Jun 3, 2013 – Dresner names two new managing directors, K&L expands Hong Kong office, former CIA director Petraeus joins KKR
Jun 3, 2013 – The unit provides point-of-sale, self-services and wireless mobility services to retailers
Jun 3, 2013 – The deal marks an exit for PE firm Altus Capital, which invested in the insulation company in 2007
Jun 3, 2013 – “We’re going to lose a tremendous opportunity” if medical device manufacturers leave the U.S., cautions the former senator from Massachusetts, who is reportedly considering a move to New Hampshire to run for the Senate again in 2014
Jun 3, 2013 – The target makes polyurethane film used to protect surfaces
Jun 3, 2013 – The company filed a $100 million shelf registration earlier this month to prepare for potential deals
May 31, 2013 – The San Jose, Calif.-based buyer has proposed a deal for the energy management solutions vendor
May 31, 2013 – Dassault Systemes acquires Apriso; ITalk picks up Eezinet; Tech Energy buys New Mexico Gas
May 31, 2013 – The industrial parts company expects the acquisition to add to its fluid-power product business
May 31, 2013 – The transaction follows gold and silver acquisitions by Coeur d’Alene Mines, Arian Silver and Hecla Mining
May 31, 2013 – The deal continues the consolidation in the insurance industry
May 30, 2013 – ITalk joins Sprint and AT&T, which have also made recent spectrum purchases
May 30, 2013 – The target provides technology-enabled fundraising and enrollment management services to nonprofit and higher education organizations
May 30, 2013 – A boom in oil and gas M&A is sparking deal flow in the industry’s supporting sectors
May 30, 2013 – The medical group picked up Houston-based Anesthesia Specialists
May 30, 2013 – The patents are for a medication that treats side effects from liver disease
May 29, 2013 – The $205M deal adds synchronization software to Dassault’s modeling business
May 29, 2013 – The deal follows oil and gas transactions by Teco Energy, Contango Oil, Crimson Exploration and Atlas Pipeline
May 29, 2013 – Smithfield’s livestock unit is the world’s largest hog producer
May 29, 2013 – The PE and venture capital firm has invested in Tumblr, Shutterstock and Exact Target
May 29, 2013 – The deal marks an exit for PE firm TA Associates, which invested in the target in 2006
May 29, 2013 – The buyer continues a trend in insurance industry consolidation, following deals by Marsh and Confie Seguros
May 29, 2013 – 600 dealmakers are expected to attend New England’s largest M&A conference
May 28, 2013 – The oil and gas exploration company says if the offer doesn’t go through, it could end up in bankruptcy
May 28, 2013 – The PE firm already owns Slinky, Poof and Fundex Games
May 28, 2013 – Contango Oil, Crimson Exploration and Atlas Pipeline have also made recent oil and gas deals
May 28, 2013 – Companies that have recently indicated doubt about continuing as going concerns in SEC filings
May 28, 2013 – Ares hires former adviser to Tony Blair; BofA grows hedge fund division; R&C expands Boston office
May 28, 2013 – The PE firm made an equity investment in Gulf Coast Shipyard, which manufactures marine vessels
May 28, 2013 – Video streaming service Hulu is owned by Walt Disney, News Corp. and Comcast
May 28, 2013 – The transaction marks an exit for Warburg Pincus, which bought the eye-care company in a 2007 leveraged buyout
May 24, 2013 – Campbell distributes Pepperidge Farm, Arnott’s and V8-brand foods
May 24, 2013 – Sheshunoff publishes how-to guides for the financial services industry, and A.S. Pratt publishes analytical content for the bank market
May 24, 2013 – GrubHub and Seamles merge; Vista Equity Partners buys Websense; Yahoo pays $1.1B for Tumblr
May 24, 2013 – The PE firm plans to combine the two specialty paper businesses to form Expera Specialty Solutions
May 24, 2013 – Bluefly was placed on Mergers & Acquisitions’ Distressed Company Watch list after it indicated concern about continuing without liquidation
May 23, 2013 – The transaction follows insurance deals by Confie Seguros and Aquiline Capital Partners
May 23, 2013 – The PE firm has a history of retail investments, including Tommy Hilfiger, Cole Haan and Takko
May 23, 2013 – PlayerScale produces gaming infrastructure used by developers to build games
May 23, 2013 – The PE firm invested in the corporate reputation-tracker from its third fund, which closed in August
May 23, 2013 – The transaction is Google’s 12th in the alternative energy sector, following a $200M investment in an Oldham County, Texas, wind farm
May 22, 2013 – Signet’s alternative funds unit has $700 million in assets
May 22, 2013 – MGPA manages about $12B, focusing on real estate funds management, co-investments and separate-account mandates for institutional investors
May 22, 2013 – Waiting staff can use the service to place orders from mobile phones, and process payment at the table
May 22, 2013 – The network security transaction follows similar acquisitions by Vista Equity Partners and McAfee
May 22, 2013 – Multiband can solicit alternative proposals for 45 days as part of the agreement
May 22, 2013 – The IT company’s $120M N-Able purchase, announced May 21, follows 10 smaller acquisitions the company has made since its 2009 IPO
May 22, 2013 – Archer is selling the oil drilling equipment unit to focus on its product offerings for unconventional resources
May 22, 2013 – Though Tennessee’s Magna Bank went private last year, according to CEO Kirk Bailey, other banks with weaker capital positions could find an IPO attractive
May 21, 2013 – Our weekly perusal of SEC filings reveals a growing list of companies indicating they may not continue as going concerns
May 21, 2013 – The “solar tree” maker plans to raise more money and extend the maturity dates of loans again in order to stay in business
May 21, 2013 – The deal marks an exit for PE firm 3i Group, which spun Xellia out from Alpharma in 2008
May 21, 2013 – Sprint, which already owns 51 percent of Clearwire, raised its offer to $10.7B
May 21, 2013 – The target manufactures candy without fat, dairy, gelatin, nuts or artificial colors, from fruit juices
May 21, 2013 – The tobacco company is paying $700M for 20 percent of Philip Morris Mexico SA de CV, owned by Grupo Carso, which was founded by billionaire Carlos Slim
May 21, 2013 – The PE firm has already made eight investments from the new fund, including in retailer Matilda Jane Clothing
May 20, 2013 – Bedford, Mass.-based SoundBite is expected to bring Genesys additional expertise in developing and marketing cloud-based services
May 20, 2013 – Clarion hires VP in L.A., Madison Street’s India head joins Pailan board, NBGI hires food and beverage specialist
May 20, 2013 – Summly, a news-sharing service Yahoo picked up in March for $30 million, tops the list of purchases the new CEO made before the $1.1B deal for Tumblr
May 20, 2013 – Both companies allow users to order food take out or delivery from mobile phone applications or online
May 20, 2013 – Websense provides online security services
May 20, 2013 – A Toshiba subsidiary is selling the shares of Wuxi Tongzhi Microelectronics
May 20, 2013 – The buyer is assuming more than $3B in debt, bringing the all-stock deal’s value to $8.5B
May 20, 2013 – The buyer owns PCMag.com and Toolbox.com
May 20, 2013 – Deft manufactures structural primers and military topcoats for the North American aviation industry
May 20, 2013 – Interest is coming from banks interested in Oklahoma's energy and agriculture sectors
May 20, 2013 – As part of Yahoo's agreement "not to screw it up," Tumblr CEO David Karp, 26, will remain in charge
May 17, 2013 – Alliant buys Savage Sports; Bellisio Foods picks up Overhill Farms; TransDigm purchases Arkwin Industries
May 17, 2013 – The British energy company plans to invest $304M in the project
May 17, 2013 – The U.S. wireless industry is facing a period of increased consolidation, with companies competing for Sprint and Clearwire
May 17, 2013 – NBH Capital Finance will focus on the lower middle market
May 17, 2013 – The transaction follows pharmaceutical purchases from Takeda, Auxilium and Opko Health
May 17, 2013 – The buyer assists businesses in using Internet-based technology
May 16, 2013 – The target develops technology to enable high-speed networks
May 16, 2013 – The target, Steigerwald Arzneimittelwerk, should expand Bayer’s gastrointestinal disorder product offerings
May 16, 2013 – The combination follows several alternative energy M&A transactions, including deals by Renovalia Energy, First Reserve Corp., ABB and EDF Renewable Energy
May 16, 2013 – If the restructuring plan goes through, the company will get a new $15 million loan
May 16, 2013 – Both companies supply durable medical equipment, such a respiratory equipment and home medical equipment
May 15, 2013 – An increase in real estate M&A is having a ripple effect on the surrounding industries
May 15, 2013 – TransDigm agreed to buy another aircraft parts maker, Aerosonic Corp., in April
May 15, 2013 – Hearthside Food and Ryt-way Industries will boast 19 manufacturing facilities in seven states
May 15, 2013 – Overhill produces frozen foods for Boston Market, Jenny Craig, Target and others
May 15, 2013 – DayStar is a South Korea company that makes chemicals for LED products
May 14, 2013 – Included in the sale of Crown Group are seven manufacturing facilities located across the Midwest
May 14, 2013 – Companies that have recently indicated doubt about continuing as going concerns in SEC filings include:
May 14, 2013 – Maxcom Telecommunications is facing increased competition from other providers
May 14, 2013 – Advisers say Southeast Asia and Turkey should not be overlooked
May 14, 2013 – The target, Challenger Lifts, sells its products to the automotive repair sector
May 14, 2013 – A surge in energy M&A is having a trickle-down effect on the industries that provide services to oil and gas companies
May 14, 2013 – The PE firm focuses on investments in eastern Africa
May 14, 2013 – The insurer has already purchased several other insurance companies in 2013
May 13, 2013 – Forms Systems manages customer print and branded products
May 13, 2013 – Elan's board has rejected a $5.7B takeover offer from Royalty Pharma
May 13, 2013 – Adveq appoints head of China, Nardello adds to London and N.Y. offices, Silicon Legal announces fourth hire in 2013
May 13, 2013 – The segment, spun out amid Lazard Ltd.’s 2005 IPO, also may sell a minority stake as a way to increase the value of the franchise
May 13, 2013 – AsiaInfo-Linkage, a Chinese company, provides IT services and software to the telecommunications industry
May 13, 2013 – PE firms, including Cerberus, are looking to divest from weapons companies in the wake of the Sandy Hook Elementary School shooting
May 13, 2013 – This is the PE firm’s 10th investment from its fourth fund, which closed with $1.5B in March 2009
May 13, 2013 – The deal follows an uptick in health care M&A activity, including acquisitions by Takeda Pharmaceutical, Auxilium Pharmaceuticals and Opko Health
May 13, 2013 – The target provides news, sports, movies and music content for the maritime, hotel and retail markets
May 13, 2013 – The number of banks classified as critically undercapitalized has reached its lowest point since late 2008
May 10, 2013 – Fifth Street Finance Acquires Healthcare Finance Group; Onex picks up Nielsen Expositions; and Trulia buys Market Leader
May 10, 2013 – The PE firm, which has also invested in Jimmy Choo, closed its fourth fund with $3.5B in commitments in February
May 10, 2013 – The planned $300M initial public offering comes after Apollo’s building the organic grocer through several acquisitions, including Sunflower Farmers Market and Henry’s Marketplace
May 10, 2013 – The PE firm’s portfolio companies include Bausch & Lomb, Sterling Financial and Velvet Energy
May 10, 2013 – Providing cash management for corporations would help diversify income streams further, reducing reliance on LBOs
May 10, 2013 – Area Property has formed multiple real estate investment funds with more than $14 billion in equity commitments
May 10, 2013 – Icahn and Southeastern, which together own about 13 percent of Dell, say their proposal is more valuable than the Michael Dell/Silver Lake buyout proposal
May 9, 2013 – CTI Foods provides food, such as meat and pizza toppings, to chain restaurants
