SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

American Family Care, Dovetail Insurance, Yahoo

American Family Care acquires Doctors Express; Dovetail Insurance buys NetComp Insurance; Yahoo grabs Summly

TargetAcquirerSynopsis
Tulip Enterprises Inc Abby Inc Abby Inc signed a Letter of Intentl to acquire the entire share capital of Tulip Enterprises Inc, a San Diego-based investment company.
Student Marketing Group-Assets Alloy/ASL Marketing LLC Alloy/ASL Marketing LLC acquired certain assets of Student Marketing Group Inc, a Lynbrook-based provider of marketing services, and a unit of Nelnet Inc.
Blythe Energy LLC AltaGas Power Holdings(US)Inc AltaGas Power Holdings (US) Inc, a unit of AltaGas Ltd, agreed to acquire Blythe Energy LLC, an electric and gas utility company, from LS Power Equity Advisors LLC, a unit of LS Power Group, for $515 million.
Lee Wholesale Supply Inc American Builders American Builders & Contractors Supply Co Inc acquired Lee Wholesale Supply Inc, a New Hudson-based wholesaler of roofing materials.
Doctors Express American Family Care Inc American Family Care Inc agreed to acquire Doctors Express, a Baltimore-based provider of urgent care services, from Immediate Clinic LLC, a unit of The Ensign Group Inc.
Antec(US)Inc Antec Inc Antec Inc of Taiwan planned to acquire the entire share capital of Antec (US) Inc, a manufacturer and wholesaler of automation products, from Li Yichang and Li Shuzhu, for $2.66 million.
Desert Orthopedic Specialists Arizona Orthopaedic Associates Arizona Orthopaedic Associates merged with Desert Orthopedic Specialists, a Chandler-based provider of orthopedic care services.
Everest Security Ins-Assets Arrowhead General Insurance Arrowhead General Insurance Agency Inc, a unit of Brown & Brown Inc's Pacific Merger Corp subsidiary, definitively agreed to acquire certain assets related to the non- standard automobile business of Alpharetta-based Everest Security Insurance Co, a unit of Everest Re Group Ltd.
Steel City Inc Barnhart Crane & Rigging Co Barnhart Crane & Rigging Co acquired Steel City Inc, a Birmingham-based provider of lifting services.
Portage Pharma Ltd Bontan Corp Inc Bontan Corp Inc (Bontan) of Canada signed a Letter of Intent to acquire the entire share capital of Portage Pharma Ltd, a biotechnology company, in exchange for estimated 81.7 million common shares valued at $11.601 million. The shares were valued based on Bontan's closing stock price of $143 on March 25, the last full trading day prior to the announcement.
Sharps Rifle Co Broadsword Group LLC Broadsword Group LLC acquired Sharps Rifle Co, a Glenrock-based manufacturer and wholesaler of rifles and ammunition.
Western United Life Assurance Central United Life Insurance Central United Life Insurance Co acquired Western United Life Assurance Co, a Spoken-based insurance agency, from Global Life Holdings LLC, a joint venture between DLB Capital LLC and Global Secured Capital LLC.
N-1 IT Asset Disposal CentricsIT LLC CentricsIT LLC acquired N-1 IT Asset Disposal, a Westchester-based provider of information technology management services, from N-1 Technologies LLC. Terms were not disclosed.
Edu Cloud Inc China Education Intl Inc China Education International Inc signed a Letter of Intent to acquire Edu Cloud Inc, a New York-based provides multi- functional online education services.
FC Banc Corp,Bucyrus,Ohio CNB Financial Corp CNB Financial Corp (CNB) definitively agreed to acquire FC Banc Corp (FC), a Bucyrus-based bank holding company, offer a choice between $30 in cash per share, or a total value of $23.648 mil, or 1.754 CNB common shares valued at $23.74 million. FC common shareholders were to receive 1.754 CNB common shares per share held. Based on CNB's closing stock price of $17. 17 on March 25, the last full trading day prior to the announcement, each FC share was valued at $30.116.
Maxiom Consulting Group Inc Collaborative Consulting LLC Collaborative Consulting LLC acquired Maxiom Consulting Group Inc, a Waltham-based provider of information technology and consultancy services. Terms were disclosed.
KitchMe Inc Coupons.com Inc Coupons.com Inc acquired KitchMe Inc, a San Francisco- based developer of meal planning and savings software.
GateHouse Media Inc Creditors GateHouse Media Inc, a Fairport-based publishing company, rumored to be planning to a debt restructuring transaction with Creditors (CRs). Terms were not disclosed but, according to people familiar with the transaction, the book value of the existing debt that will be exchanged under the terms of the offer is $1.2 billion.
OnlineTutorSolutions.com Credo Reference Ltd Credo Reference Ltd acquired OnlineTutorSolutions. com, a Red Bank-based provider of online tutoring services.
Xcellent Creations Inc Double Encore Inc Double Encore Inc merged with Xcellent Creations Inc, a Denver-based application services provider.
NetComp Insurance Corp Dovetail Insurance Inc Dovetail Insurance Inc acquired NetComp Insurance Corp, a Columbia-based insurance agency.
Diversified Info Tech Inc EDM Group Ltd EDM Group Ltd of UK, a unit of Sala International Ltd subsidiary of Lloyds TSB Bank PLCs Lloyds TSB Development Capital Ltd unit (TSB), acquired Diversified Information Technologies Inc, a Scranton-based provider of information management and outsourcing solutions. TSB was a unit of Lloyds Banking Group PLC.
Mr Bar-B-Q Ferrellgas Partners LP Ferrellgas Partners LP acquired Mr Bar-B-Q, an Old Bethpage-based manufacturer of grilling accessories. Terms were not disclosed.
Appomattox Bio Energy LLC Future Capital Partners Ltd Future Capital Partners Ltd acquired Appomattox Bio Energy LLC, a Hopewell-based manufacturer of bio-ethanol products, in a leveraged buyout transaction.
Genworth Financial Inc-Bus Genworth Financial Inc-Bus SPV Genworth Financial Inc- Businesses SPV (Genworth SPV), a special purpose acquisition vehicle between Genstar Capital Inc and Aquiline Capital Partners LLC agreed to acquire the Wealth Management and Alternative Investment businesses of Genworth Financial Inc, a Richmond-based provider of insurance and mortgage financing services, in a leveraged buyout transaction, for an estimated $412.5 million. Originally, In February 2013, Genworth SPV was rumored to be planning to acquire the Wealth Management and Alternative Investment businesses.
Midwest Wind Energy-Portfolio Geronimo Wind Energy LLC Geronimo Wind Energy LLC acquired the Project Development Portfolio of Midwest Wind Energy LLC, a Chicago-based owner and operator of wind farms. Terms were not disclosed.
Applied Power Inc ICCNexergy Inc ICCNexergy Inc acquired Applied Power Inc, a Brighton- based manufacturer of battery products.
The Haley Group LLC-Assets Innovative Food Holdings Inc Innovative Food Holdings Inc acquired certain assets from The Haley Group LLC, a Naples-based provider of consulting services. Terms were not disclosed.
Brake Parts Inc LLC Investor Group An investor group led by Torque Capital Group LLC, including Wanxiang America Corp and Panoramic Results Ltd, acquired Brake Parts Inc LLC, a McHenry-based manufacturer and wholesaler of motor vehicle brake products.
Courtyard by Marriot Hotels(7) Investor Group An investor group, comprised of Sage Hospitality Resources LLC and Whitman Peterson, acquired seven Courtyard by Mariott hotels, an owner and operator of hotels, from Clarion Partners LLC and C-III Capital Partners LLC. Terms were not disclosed.
Concord Music Group Inc Investor Group AUSTRALIA - An investor group led by Wood Creek Capital Management LLC, a joint venture between Norfolk Management Group LLC and Babson Capital Management LLC, a unit of Massachusetts Mutual Life Insurance Co, including Steve Smith and Scott Pascucci, definitively agreed to acquire Concord Music Group Inc, a Beverly Hills-based manufacturer and wholesaler of prerecorded records and tapes, from Village Roadshow Entertainment Group. Terms were not disclosed.
Miami Beach Resort & Spa Joseph Chetrit Mr. Joseph Chetrit acquired the Miami Beach Resort & Spa, a Miami-based owner and operator of hotels, from Blackstone Group LP, for $117 million.
Green Cannabis Collective Inc Latteno Food Corp Latteno Food Corp acquired Green Cannabis Collective Inc, a manufacturer and wholesaler of marijuana.
Baltimore Hunt Valley Inn Laurus Corp Laurus Corp acquired Baltimore Hunt Valley Inn, a Hunt Valley-based owner and operator of hotels. Terms were not disclosed.
LifeTek Solutions Inc M+W Group GmbH M+W Group GmbH of Germany, a unit of the Stumpf AG subsidiary of Millennium Privatstiftung's Andorra Bauprojekt GmbH, acquired the entire share capital of LifeTek Solutions Inc, a Blue Bell-based provider of consulting services. Terms were not disclosed.
Siemens Water-Hemodialysis Bus Mar Cor Purification Inc Mar Cor Purification Inc, a unit of Cantel Medical Corp, acquired the hemodialysis water business from Siemens Water Technologies Corp, an Alpharetta-based provider of water and wastewater treatment services, from Siemens AG of Germany.
PolyOne Corp-Resin Assets Mexichem SAB de CV Mexichem SAB de CV of Mexico agreed to acquire the vinyl dispersion, blending and suspension resin assets of PolyOne Corp, an Avon Lake- based manufacturer and wholesaler of polymer products, for $250 million in cash.
VoterTide MindMixer MindMixer acquired VoterTide, an Omaha-based provider of online networking services.
Tekelec Inc Oracle Corp Oracle Corp agreed to acquire Tekelec Inc, a Morrisville-based manufacturer and wholesaler of network management equipments, from Titan Private Acquisition Corp, a unit of Siris Capital Group LLC's subsidiary, Titan Private Holdings I LLC. Terms were not disclosed.
Honeycomb Co of America Inc Overall Capital Partners Overall Capital Partners acquired Honeycomb Co of America Inc, a Sarasota-based manufacturer of aircraft components, in a leveraged buyout transaction. Terms were not disclosed.
Checkpoint Systems Inc-Bus Platinum Equity LLC Platinum Equity LLC definitively agreed to acquire the Checkview business of Checkpoint Systems Inc, a Thorofare- based manufacturer and wholesaler of surveillance systems products, in a leveraged buyout transaction.
Central United Life Insurance Raintree Graphics Raintree Graphics acquired Beechler's Printing Inc, a Gainesville-based provider of printing services.
Mustang Survival Safariland LLC Safariland LLC, a unit of Kanders & Co Inc, acquired Mustang Survival, a Bellingham-based manufacturer of lifesaving products.
Fairview Health Services Sanford Health-MeritCare Sanford Health-MeritCare was rumored to be planning to acquire Fairview Health Services, a Minneapolis-based provider of medical and health services.
Harvard Apparatus Regenerative Shareholders Harvard Bioscience Inc planned to spin off its Harvard Apparatus Regenerative Technology Inc unit to its shareholders.
SARcode Bioscience Inc Shire Pharmaceuticals Group Shire Pharmaceuticals Group, a wholly-owned unit of Shire PLC, planned to acquire SARcode Bioscience Inc, a Brisbane-based manufacturer of pharmaceuticals, for $160 million and an undisclosed amount in profit-related payments.
Strategic Engineering & SLR International Corp SLR International Corp (SLR) acquired Strategic Engineering & Sciences, an Irvine-based provider of engineering and environmental consulting services. Concurrently, SLR acquired Synergistics Environmental Services Ltd. The two transactions had a combined value of $12.186 million.
Fournier Air Conditioning Source Refrigeration & HVAC Source Refrigeration & HVAC Inc, a unit of Arsenal Capital Partners LP, acquired Fournier Air Conditioning & Refrigeration, a Jacksonville- based provider of commercial air conditioning & refrigeration contracting services, in a leveraged buyout transaction. Terms were not disclosed.
Microsoft Corp Telefonaktiebolaget LM Telefonaktiebolaget LM Ericsson of Sweden, was rumored to be planning to acquire Microsoft Corp, a Redmond-based developer and wholesaler of software products.
Covenant Flight Group The Automotive Resource The Automotive Resource Network Holdings Inc acquired Covenant Flight Group, a Burlington-based provider of air charter services.
Gramercy Capital Corp-Branch Unity Bank,Clinton,New Jersey Unity Bank, a unit of Unity Bancorp Inc, agreed to acquire three branches, located in New Jersey, owned by Gramercy Capital Corp, a New York-based real estate investment trust, for $4. 325 million.
Wexford Science & Tech LLC Westco Sub LLC Westco Sub LLC, a wholly- owned unit of BioMed Realty Trust Inc's (BioMed) BioMed Realty LP subsidiary, definitively agreed to merge with Wexford Science & Technology LLC (Wexford), a Baltimore-based real estate investment and development firm and a unit of Wexford Equities LLC, for an estimated $640 million. The consideration was to consist of assumption of $169 million in liabilities, $133 million BioMed common shares, and $338 million in cash.
Suntricity Corp Wildlaw Capital CPC 2 Inc Wildlaw Capital CPC 2 Inc of Canada signed a Letter of Intent  to acquire Suntricity Corp, a Las Vegas- based manufacturer of solar modules.
Summly Inc Yahoo! Inc Yahoo! Inc agreed to acquire Summly Inc, a San Francisco-based provider of news application services. Terms were not disclosed.
cherry.com Zimride Inc Zimride Inc acquired cherry.com, a New York-based provider of online carwash services. Terms were not disclosed.

 

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