The Weekly Wrap
New plays from the Gores Group, Sun Capital Partners and SoftBank; other recent deals listed here in alphabetical order according to buyer
Target | Acquirer
Accellos Inc | Accel-KKR LLC
Accel-KKR LLC, a joint venture between Accel Partners and Kohlberg Kravis Roberts & Co LP, a unit of KKR & Co LP, acquired an undisclosed majority interest in Accellos Inc, a Colorado Springs-based developer of supply chain management software.
Medrec Inc | Accountable Healthcare
Accountable Healthcare Holdings Corp acquired Medrec Inc, a San Antonio-based provider of staffing and recruitment services. Terms were not disclosed.
CSafe LLC | AcuTemp Thermal Systems
AcuTemp Thermal Systems acquired the remaining 50% interest, which it did not already own, in CSafe LLC, a Dayton-based provider of cold chain air cargo shipping services, from its joint venture partner AmSafe Partners Inc, a unit of Greenbriar Equity Group LLC. Upon completion, the merged entity was to be renamed in CSafe.
Gulf Coast Machine & Supply Co | Altus Capital Partners II LP
Altus Capital Partners II LP, a unit of Altus Capital Partners LLC, acquired Gulf Coast Machine & Supply Co, a Beaumont-based manufacturer of forged metal products, from Industrial Opportunity Partners LLC.
Texas Instruments-Mobile Chip | Amazon.com Inc
Amazon.com Inc was rumored to be planning to acquire the mobile chip business of Texas Instruments Inc, a Dallas-based manufacturer and wholesaler of integrated circuits.
Particle LLC | Apple Inc
Apple Inc was rumored to be acquiring Particle LLC, a San Francisco provider of application services. Terms were not disclosed.
Cymer Inc | ASML Holding NV
ASML Holding NV of the Netherlands definitively agreed to acquire the entire share capital of Cymer Inc, a San Diego-based manufacturer and wholesaler of laser systems, in a stock swap transaction valued at $ 2.614 billion. ASML offered $ 20 in cash and 1.1502 ordinary shares per Cymer share. Based on ASML's closing stock price of $ 54. 12 on 16 October 2012, the last full trading day prior to the announcement, each Cymer share was valued at $ 82.249.
Presidio Pharmaceuticals Inc | BioCryst Pharmaceuticals Inc
BioCryst Pharmaceuticals Inc agreed to acquire the entire share capital of Presidio Pharmaceuticals Inc, a San Francisco-based biotechnology company, in exchange for 24.5 million BioCryst common shares, or a total value of $ 100.695 mil, in a reverse takeover transaction
Boardwalk Acquisition Co LLC | Boardwalk Pipeline Partners LP
Boardwalk Pipeline Partners LP, a majority-owned unit of Loews Corp's Boardwalk Pipelines Holding Corp wholly-owned subsidiary, acquired the remaining 65% interest, which it did not already own, in Boardwalk Acquisition Co LLC, a Delaware-based provider of natural gas transportation and storage services, from its joint venture partner BPHC, for $ 94.15 mil. The value was prorated at 35%, based on the percentage not held in Boardwalk Acquisition by Loews. The transaction included PL Midstream LLC.
Carolina Coml Heat Treating | Bodycote plc
Bodycote of the UK acquired Carolina Commercial Heat Treating LLC, a Reidsville-based provider of heat treating services, from Bluewater Thermal Solutions LLC, for $ 68 million in cash.
ARINC-Defense Engineering Bus | Booz Allen Hamilton Hldg Corp
Booz Allen Hamilton Holding Corp definitively agreed to acquire the defense systems engineering and support business division of ARINC Inc, an Annapolis-based provider of communication and engineering services, and a unit of The Carlyle Group LP's The Carlyle Group LLC subsidiary, for an estimated $ 154 million in cash.
Shona Energy Co Inc | Canacol Energy Ltd
Canacol Energy Ltd agreed to acquire the entire share capital of Shona Energy Co Inc, a Houston-based oil and gas exploration and production company, in a stock swap transaction valued at $ 122. 402 mil, via a statutory plan of arrangement. Canacol offered 1.2587 common shares per Shona share. The consideration was to consist of an undisclosed amount in cash and the issuance of 292. 868 million ordinary Canacol shares.
Zmanda Inc | Carbonite Inc
Carbonite Inc definitively agreed to acquire Zmanda Inc, a Sunnyvale-based developer of open source software, for $ 14.75 mil
E.N.M.R.-Wireless Assets | Cellco Partnership Inc
Verizon Wireless, a unit of Verizon Communications Inc and Vodafone Group plc, acquired the wireless assets of Eastern New Mexico Rural Telephone Cooperative Inc, a provider of telecommunication services. Terms were not disclosed.
Bode Concrete LLC | Central Concrete Inc
Central Concrete Supply Co, a wholly-owned subsidiary of US Concrete Inc, definitively agreed the entire share capital Bode Concrete LLC from Randolph Boardman, Terri Boardman, Douglas Boardman, Lauren Boardman, Danvers Boardman and Kathy Boardman for $ 31. 5 mil. The consideration was to consist of $ 24.4 millionin cash and up to a further $ 7 mil, payable within 6 years of closing, contingent upon reaching negotiated volume hurdles.
KCBT | CME Group Inc
CME Group Inc definitively agreed to acquire Kansas City Board of Trade, a provider of commodity exchange services, for $ 126 million in cash.
Helix Energy-Pipelay Vessel(2) | Coastal Trade Ltd
Coastal Trade Ltd agreed to acquire the Caesar and Express pipelay vessels of Helix Energy Solutions Group Inc, a Houston-based oil and gas exploration and production company, for $ 238.25 million in cash. Concurrently, Stabbert Maritime Holdings LLC acquired the Intrepid pipelay vessel of Helix.
DTx Inc | Contec Co Ltd
Contec Co Ltd of Japan, agreed to acquire a 85% interest, or 3.448 million shares, in DTx Inc, a Melbourne- based provider of embedded systems and computing solutions services, from Antares Capital Fund III LP, Arthur R Schmitt (17. 48%), Eugene R Garofalo Jr (16.38%), and other shareholders, for $ 20.54 mil.
WFME-FM | Cumulus Media Inc
Cumulus Media Inc acquired WFME-FM, an owner and operator of a radio station.
HydroFuel LLC | Dynamic Fuel Systems Inc
Dynamic Fuel Systems Inc of Canada agreed to acquire the undisclosed remaining stake in HydroFuel LLC, a Pompano Beach-based distributor of hydrogen generator products, from Global Partners Consulting Canada Inc and William Brandt.
T-Chek Systems Inc | Electronic Funds Source LLC
Electronic Funds Source LLC definitively agreed to acquire T-Chek Systems Inc, an Eden Prairie-based provider of payment solutions services, and a unit of CH Robinson Worldwide Inc, for $ 302.5 million in cash and the assumption of undisclosed amount in liabilities.
Geoloqi | Envi Systems | Research Inst Inc
US -Environmental Systems Research Institute Inc acquired Geoloqi, a Portland- based developer of software. Terms were not disclosed.
Landacorp Inc | ExlService Holdings Inc
ExlService Holdings Inc acquired Landacorp Inc, a Chico-based developer of healthcare management solutions and technology software, from SHPS Holdings Inc, a unit of Welsh Carson Anderson & Stowe Co. On completion, Landacorp was renamed EXL Landa.
Fast Cash Stores - Pawn (16) | First Cash Finl Services Inc
First Cash Financial Services Inc acquired a 16 pawn stores of Fast Cash Sores Inc, a San Jose-based provider of financial services.
ABE Fairmont-Ethanol Plant,NE | Flint Hills Resources LP
Flint Hills Resources LLC, a wholly-owned unit of Koch Industries Inc, agreed to acquire the ethanol plant, located in Fairmont, of ABE Fairmont LLC, a Fairmont- based manufacturer and wholesaler of ethanol and a wholly-owned unit of Advanced BioEnergy LLC, for an estimated $ 175 mil.
Top Grade Construction Inc | Goodfellow Bros Inc
Goodfellow Bros Inc acquired Top Grade Construction Inc, a Livermore- based provider of general engineering contractor services.
Newport Coachworks Inc | Green Automotive Co Inc
Green Automotive Co Inc definitively agreed to acquire the entire share capital of Newport Coachworks Inc, a manufacturer of bus and limousine, in exchange for an estimated $ 13 million in GAC common shares.
NASG - Assets | Grey Mountain Partners LLC
Grey Mountain Partners LLC acquired the assets of North American Specialty Glass, located in Trumbauersville, Pennsylvania.
MyStudentBody.com | Hazelden Foundation
Hazelden Foundation acquired MyStudentBody.com, a Newton-based provider of addiction treatment services.
Senior Housing Communities | HCP Inc
HCP Inc definitively agreed to acquire the senior housing communities portfolio, located in California, from an undisclosed 50:50 joint venture between Emeritus Corp and Blackstone Real Estate Partners VI, a majority-owned unit of Blackstone Group LP, for $ 1.73 billion in cash, including the assumption of an undisclosed amount in liabilities.
Valley Wholesale Drug Co Inc | HD Smith Wholesale Drug Co Inc
HD Smith Wholesale Drug Co Inc acquired Valley Wholesale Drug Co Inc, a Stockton-based wholesaler of pharmaceutical products.
MedVenture Technology Corp | Helix Medical LLC
Helix Medical LLC, a unit of Freudenberg & Co KG and NOK Corp's Freudenberg-NOK, acquired MedVenture Technology Corp, a Jeffersonville-based developer of medical device technology software, from Ampersand Capital Partners.
St Vincent Health System | Highmark Inc
Highmark Inc agreed to acquire an undisclosed majority interest in St Vincent Health System, an Eerie-based owner and operator of hospitals, for $ 65 mil.
BTG Test Prep LLC | Hobsons Inc
Hobsons Inc, a unit of the Hobsons Publishing plc subsidiary of Daily Mail & General Trust plc's Daily Mail & General Investments unit, acquired BTG Test Prep LLC, a Palo Alto-based provider of online networking services for MBA applicants. Terms were not disclosed. Daily Mail & General Trust plc was a unit of Rothermere Continuarion Ltd.
www.taxlossauction.com | Hodgins Auctioneers Inc
Hodgins Auctioneers Inc of Canada planned to acquire www.taxlossauction.com, a Los Angeles-based provider of internet search engine services. The transaction was to include associated intellectual property rights and product marketing program.
Edward Surovell Realtors | Howard Hanna Real Estate Svcs
Howard Hanna Real Estate Services merged with Edward Surovell Realtors, an Ann Arbor-based real estate agency.
On-Line Strategies Inc | InComm
InComm Inc acquired On- Line Strategies Inc, a Dallas- based developer of software. Terms were not disclosed.
Justice Corp-Certain Assets,TN | Investor Group
An investor group of Canada, comprised of Novadx Ventures Corp & Sandstorm Metals & Energy Inc, signed a letter of intent to acquire certain assets, located in Tennessee, of Justice Corp, a coal mining company, for $ 8.544 mil. The consideration was to consist of $ 3 million in cash, $ 3.5 million in notes payable and the issuance of 4. 378 million Sandstorm common shares valued at $ 2.044 mil.
FCX Performance Inc | Investor Group
An investor group led by Harvest Partners LP and including management of Sterling Investment Partners, acquired FCX Performance Inc, a Columbus-based wholesaler of industrial process control products, from Truflo International plc, a unit of Alchemy Partners LLP, in a secondary leveraged buyout transaction. Terms were not disclosed.
Fidelis Communications Inc | iQ Solutions Group
iQ Solutions Group acquired Fidelis Communications Inc, a Tukwila- based provider of voice, data and convergence technology services. Terms were not disclosed.
Jamestown Medical Imaging | Jamestown Radiologists PC
Jamestown Radiologists PC acquired Jamestown Medical Imaging, a Jamestown-based provider of medical imaging services. Terms were not disclosed.
A123 Systems Inc-Assets | Johnson Controls Inc
Johnson Controls Inc agreed to acquire the automotive business assets of bankrupt A123 Systems Inc, a Watertown-based designer, developer, manufacturer, and wholesaler of rechargeable lithium-ion batteries and battery systems, for $ 125 mil. The transaction was to include automotive technology, products and customer contracts, facilities in Livonia and Romulus, Michigan, cathode powder manufacturing facilities in China, and A123's equity interest in Shanghai Advanced Traction Battery Systems Co.
Link Media | KCET-TV
KCET TV acquired Link Media, an owner and operator of the broadcast channel Link TV. Terms were not disclosed.
Home Solutions Inc | KRG Capital Partners LLC
KRG Capital Partners acquired Home Solutions Inc, a Somers Point-based provider of infusion services, from Flexpoint Ford LLC in a secondary buyout transaction. Terms were not disclosed. Previously, Flexpoint acquired Home Solutions in a leveraged buyout transaction.
Chemical Logistics Inc | LeSaint Logistics Inc
LeSaint Logistics Inc acquired Chemical Logistics Inc, a Dallas- based provider of chemical storage and trucking services. Upon completion, Chemical was renamed LeSaint Chemical Logistics.
New Frontier Media Inc | LFP Broadcasting LLC
LFP Broadcasting LLC, a wholly-owned subsidiary of LFP Inc planned to launch a tender offer to acquire all the outstanding common stock of New Frontier Media Inc, a provider of adult themed and general motion picture entertainment services, for an estimated $ 2.02 in cash per share, or an estimated total value of $ 33 mil.
Americal Title Company | Linear Title & Closing Ltd
Linear Title & Closing Ltd acquired Americal Title Company, an Orange County- based provider of title and closing services for real estate.
Pinhole Press | liveBooks Inc
liveBooks Inc acquired Pinhole Press, an Albany- based manufacturer of fine paper products. Terms were not disclosed.
Pinhole Pro | liveBooks Inc
liveBooks Inc acquired Pinhole Pro, an Albany-based provider of photography services. Terms were not disclosed.
Essentia Insurance Co | Markel Corp
Markel Corp definitively agreed to acquire Canton- based Essentia Insurance Co, from OneBeacon Insurance Group LLC, a unit of OneBeacon Insurance Group Ltd.
MedBE Inc | MediGain Inc
MediGain Inc acquired MedBE Inc, a Monroe-based provider of revenue cycle management and practice management services.
StorSimple Inc | Microsoft Corp
Microsoft Corp definitively agreed to acquire StorSimple Inc, a Santa Clara-based manufacturer of enterprise storage products. Terms were not disclosed.
Connell Industrial Tool Corp | Misumi Group Inc
Misumi Group Inc of Japan agreed to acquire the entire share capital of Connell Industrial Tool Corp, an investment holding company, from Connell LP for $ 200 mil. The transaction was to include Dayton Progress Corp and the components business of Anchor Danly Corp.
McDonnell Investment Mgmt LLC | Natixis Global Asset Mgmt SA
Natixis Global Asset Management SA of France, a unit of Groupe BPCE SA's Natixis SA unit, agreed to acquire McDonnell Investment Management LLC, an Illinois- based provider of investment management services.
Glickenhaus & Co | Neuberger Berman Group LLC
Neuberger Berman Group LLC acquired Glickenhaus & Co, a New York-based provider of asset management services. Terms were not disclosed.
Daylife Inc | NewsCred Inc
NewsCred Inc acquired Daylife Inc, a provider of visual content and related products and services. Terms were not disclosed.
Watson-Product line | Par Pharmaceutical Inc
Par Pharmaceutical Inc, a unit of Pharmaceutical Resources Inc agreed to acquire the Product line of Watson Pharmaceutical Inc, a manufacturer and wholesaler of generic pharmaceutical products. Terms were not disclosed.
Sea Recovery LLC | Parker Hannifin Corp
Parker Hannifin Corp agreed to acquire Sea Recovery LLC, a Carson-based manufacturer of reverse osmosis systems from Danfoss AS. Terms were not disclosed.
Moen Industries | Pearson Packaging Systems
Pearson Packaging Systems acquired Moen Industries, a producer of packaging equipments and design. Terms were not disclosed.
Embanet-Compass Knowledge Grp | Pearson plc
Pearson plc of the UK planned to acquire Embanet- Compass Knowledge Group, an Elk Grove Village-based provider of online learning services, from EBNT Holdings Inc, Technology Crossover Ventures and Knowledge Universe Education LP, for $ 650 million in cash. Originally, in August 2012, Embanet was rumored to be seeking a buyer for the company, and Bain Capital LLC, Providence Equity Partners LLC, Hellman & Friedman LLC, Advent International Corp, and Cengage Learning Inc were rumored to be potential bidders.
Pan Am Education | Pivotal Group Inc
Pivotal Group Inc acquired an undisclosed majority stake in Pan Am Education, a provider of e- learning services in a privately negotiated transaction.
Spraylat Corp-Certain Assets | PPG Industries Inc
PPG Industries Inc definitively agreed to acquire certain assets from Spraylat Corp, a Pelham-based manufacturer of paint and coating. Terms were not disclosed.
Suntera Security Inc | Protection One Inc
Protection One Inc, a unit of GTCR LLC, acquired Suntera Security Inc, a Fort Worth-based provider of comprehensive security solutions services.
Harper Brush Works Inc | QEP Co Inc
QEP Co Inc agreed to acquire bankrupt Harper Brush Works Inc, a Fairfield-based manufacturer and wholesaler of brooms and brushes. Originally, Harper announced that it was seeking a buyer for the company, via auction.
UMass-Clinical Outreach Lab | Quest Diagnostics Inc
Quest Diagnostics Inc agreed to acquire the Clinical Outreach Laboratory, located in Marlborough, Massachusetts, of UMass Memorial Medical Center, a Marlborough-based provider of medical/health services. Terms were not disclosed.
Premier Medical Corp | Riverside Co
Riverside Co acquired Premier Medical Corp, a Denver-based provider of respiratory equipment, liquid oxygen, durable medical equipment rental services, in a leveraged buyout transaction.
Duddy Enterprises LLC | Samuel Michael Katz
Samuel Michael Katz acquired Duddy Enterprises LLC, a Scottsdale-based investment company.
Murphy Oil USA Inc | Shareholders
Murphy Oil Corp planned to spin off its Murphy Oil USA Inc unit, an El Dorado-based owner and operator of gasoline stations, to its shareholders. Concurrently, in October 2012, the board of Murphy Oil authorized the repurchase of up to $ 1 billion of the company's common stock outstanding in open market and privately negotiated transactions.
Sprint Nextel Corp | SoftBank Corp
Softbank Corp definitively agreed to acquire a 70% interest, or 2. 1 billion common shares, in Sprint Nextel Corp, an Overland Park- based provider of telecommunications and internet services, for $ 23. 332 billion . The consideration was to consist of $ 7.3 in cash per share, or a total value of $ 15.332 billion , and $ 8 billion in capital infusion. Originally, Softbank was rumored to be planning to acquire an undisclosed majority interest in Sprint Nextel.
Daymark Realty Advisors Inc | Sovereign Capital Management
Sovereign Capital Management Group Inc acquired the remaining 50% interest, which it did not already own, in Daymark Realty Advisors Inc, a Santa Ana-based provider of investment management services, from its joint venture partner Infinity Urban Century, a unit of Infinity Real Estate & Management Group.
Warrior of Arkansas Inc | Stribling Equipment LLC
Stribling Equipment LLC acquired Warrior of Arkansas Inc, a Mabelvale-based provider of equipment repairs and services.
Sleep Innovations Inc | Sun Capital Partners Inc
Sun Capital Partners Inc definitively agreed to acquire Sleep Innovations Inc, a West Long Branch-based manufacturer of foam products, in a leveraged buyout transaction. Terms were not disclosed.
Spring Street Pavilion,Long | Terramar Retail Centers LLC
Terramar Retail Centers LLC acquired Spring Street Pavilion, a Long Beach-based owner and operator of retail center, for $ 42.2 mil.
ThomasPartners Inc | The Charles Schwab Corp
The Charles Schwab Corp agreed to acquire ThomasPartners Inc, a Wellesley-based provider of investment management services, for $ 85 million in cash.
Therakos Inc | The Gores Group LLC
The Gores Group LLC agreed to acquire Therakos Inc, a Raritan-based provider of cellular therapy services, from Ortho-Clinical Diagnostics Inc, a unit of Johnson & Johnson, in a leveraged buyout transaction. Terms were not disclosed.
Sequa Corp | The Jordan Co LP
The Jordan Co LP was rumored to be planning to acquire Sequa Corp, a Tampa-based manufacturer of aircraft engine component, from The Carlyle Group LLC, a unit of The Carlyle Group LP, in a secondary buyout transaction. Previously, Carlyle acquired Sequa, in a leveraged buyout transaction. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at an estimated 400 mil.
Commercial Armored Vehicles | The O'Gara Group Inc
The O'Gara Group Inc agreed to acquire Commercial Armored Vehicles LLC, a West Chester-based manufacturer of armored vehicles, from BAE Systems PLC, for $ 10 million in cash.
Toner's Inc | Titan Machinery Inc
Titan Machinery Inc agreed to acquire Toner's Inc, a Grand Island-based wholesaler of agricultural equipments.
Peter E Greenberg & Associates | TLA Worldwide PLC
TLA Worldwide plc of the UK, through it PEGA, agreed to acquire Peter E Greenberg & Associates Ltd, a New York-based provider of sports marketing services, for an estimated $ 11.605 mil. The consideration was to consist of $ 3.225 mil, up to $ 7.066 million in profit- related payments and the issuance of 3.326 million TLA ordinary shares valued at $ 1.314 mil.
Progress Software Corp-Sonic | Trilogy Enterprises Inc
Trilogy Enterprises Inc definitively agreed to acquire the Sonic, Savvion, Actional and DataXtend product lines of Progress Software Corp, Bedford-based developer of business applications software. Terms were not disclosed. Originally, In April 2012, Progress announced that it was seeking a buyer for its 10 non-core product lines. Concurrently, the board of Progress authorized the repurchase of up to $ 350 million of the company's entire share capital.
Big 3 Precision Products Inc | TVV Capital
TVV Capital acquired Big 3 Precision Products Inc, a Centralia-based manufacturer of precision injection blow molds and tooling and metal fabrication products, in a leveraged buyout transaction. Terms were not disclosed.
Cabana | Twitter Inc
Twitter Inc acquired Cabana, a San Francisco-based developer of mobile application software. Terms were not disclosed.
CYBEX International Inc UM Holdings Ltd
UM Holdings Ltd, through its CYB Merger Corp wholly- owned unit, agreed to acquire the remaining 50.5% interest, which it did not already own, in CYBEX International Inc, a Medway-based manufacturer of fitness equipment products, for $ 2. 55 in cash per share, or a total value of $ 22.646 mil. Upon completion, CYBEX was to be delisted in the NASDAQ stock exchange.
Rig Support Services Inc | UMED Holdings Inc
UMED Holdings Inc acquired a 50% interest in Rig Support Services Inc, a Fort Worth-based provider of oil and gas field support services, in exchange for UMED common shares.
fineartlender.com | Vanity Events Holding Inc
Vanity Events Holding Inc acquired fineartlender. com, a provider of information retrieval services.
Health Language Inc | Wolters Kluwer Health LLC
Wolters Kluwer Health LLC, a unit of Wolters Kluwer NV, agreed to acquire Health Language Inc, a Denver-based developer of healthcare terminology management software.
PurGro Electronics LLC | World EcoSource Corp
World EcoSource Corp, a wholly-owned unit of PacWest Equities Inc, acquired PurGro Electronics LLC, a Ellijay-based manufacturer of automated growing solutions equipment, for $ 15 million in cash and PacWest common shares.
Flash Discovery Solutions LLC | Xact Data Discovery Inc
Xact Data Discovery Inc acquired Flash Discovery Solutions LLC, a Houston- based provider of data discovery solutions services. Terms were not disclosed.
First Telecom Services LLC | Zayo Group LLC
Zayo Group LLC, a unit of Communications Infrastructure Investments LLC's Zayo Group Holdings Inc, definitively agreed to acquire First Telecom Services LLC, from First Communications Inc, for $ 110 million in cash.
Infinity Technology Solutions | Zeno Office Solutions Inc
Zeno Office Solutions Inc acquired Infinity Technology Solutions Inc, a Tampa-based provider of managed information technology and marketing services. Terms were not disclosed. On completion, Infinity was renamed Zeno Technology Solutions.
Ecolab Inc-Vehicle Care Unit | Zep Inc
Zep Inc definitively agreed to acquire the Ecolab Vehicle Care division of Ecolab Inc, a St. Paul-based manufacturer and wholesaler of cleaning, sanitizing, maintenance and pest elimination products, for approximately $ 120 mil.
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