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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

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

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

The Weekly Wrap

New plays from Halcon Resources, JH Partners and Pfizer; other recent deals listed here in alphabetical order according to buyer

Target Name | Acquirer Name  

Medrium Inc | AdvantEdge Healthcare 

AdvantEdge Healthcare Solutions Inc acquired Medrium Inc, a Morristown- based provider of web-based billing services.

Advanced Communications Inc | Aero Communications Inc        

Aero Communications Inc, a unit of Resilience Capital Partners LLC acquired Advanced Communications Inc, a Canton-based provider of telecommunication construction services.

Quofore International Inc | AFS Technologies Inc             

AFS Technologies Inc (AFS) acquired Quofore International Inc, an Atlanta- based provider of software consulting services. Concurrently, AFS acquired MEI Computer Technology Group Inc.

Kayne-Student Housing | American Campus Comm Inc 

American Campus Communities Inc agreed to acquire 19 student housing properties from Kayne Anderson Capital Advisors LP, an investment management services provider for $862.8 million. The consideration was to consist of $466.6 in cash, and the assumption of $396.2 million in outstanding mortgage notes.

Micro-Poise Measurement Sys | AMETEK Inc    

AMETEK Inc acquired Micro-Poise Measurement Systems LLC, a Streetsboro- based provider of test and measurement solutions services, from American Industrial Partners Inc, for an estimated $170 million in cash.

Park Row Associates Inc | Arthur J Gallagher & Co           

Arthur J Gallagher & Co acquired Park Row Associates Inc, a Providence-based provider of employee benefit services, from Delta Dental of Rhode Island. Terms were not disclosed.

Harborplace Mall,Baltimore,MD | Ashkenazy Acquisition Corp   

Ashkenazy Acquisition Corp planned to acquire the Harborplace Mall, a Baltimore- based shopping center, from General Growth Properties Inc. Terms were not disclosed.

Bluewater Thermal-Facilities | Aterian Investment Partners       

Aterian Investment Partners LLC acquired 10 heat treating facilities of Bluewater Thermal Solutions LLC, a Greenville-based manufacturer of heat treating products.

Camelot Services Inc | Atlas Financial Holdings Inc           

Atlas Financial Holdings Ltd definitively agreed to acquire the entire share capital of Camelot Services Inc, a St. Louis-based provider of automobile services, for an estimated $23 million in cash and preferred shares. The transaction was to include Gateway Insurance Co.

McClure-Johnston Co | Beacon Roofing Supply Inc          

Beacon Roofing Supply Inc agreed to acquire McClure- Johnston Co, a Braddock-based wholesaler and distributor of commercial and residential building and construction materials and products.

Benoit Premium Threading LLC | Benoit Holding Co         

Benoit Holding Co, a special purpose acquisition vehicle formed by Kanematsu USA Inc, a wholly-owned subsidiary of Kanematsu Corp, and JFE Steel Corp, a wholly- owned unit of JFE Holdings Inc, planned to acquire a 54% interest in Benoit Premium Threading LLC, a Houma-based provider of oilfield tubing threading services, from Benoit Machine LLC, for $91.5 million .

AC LaRocco Pizza Co | Better For You Foods LLC

Better For You Foods LLC acquired AC LaRocco Pizza Co, a Spokane-based producer and wholesaler of organic and natural food products, from Fresh Harvest Products Inc.

Gravity Collection Sports | BGGR Inc      

BGGR Inc, a wholly-owned unit of Rounder Inc, acquire a 50.1% interest in, Gravity Collection Sports Network Inc, a provider of marketing services, from Gravity Collections Inc.

Vermont Hard Cider Co LLC | C&C Group PLC     

C&C Group PLC of Ireland, agreed to acquire Vermont Hard Cider Co LLC, a Middlebury-based producer of alcoholic draft ciders, for $305 million .

Undisclosed Senior Living Cmty | Capital Senior Living Corp         

Capital Senior Living Corp acquired 8 senior living communities, located in Texas, Indiana, and Ohio, for $72.9 million .

OYSTAR North America | Coesia SpA      

Coesia SpA of Italy, agreed to acquire the entire share capital of OYSTAR North America, a Davenport-based manufacturer and wholesaler of food and consumer goods packaging machineries, from OYSTAR Holding GmbH.

Colonial Grand at Research,NC | Colonial Properties Trust           

Colonial Properties Trust (Colonial) acquired the remaining 80%, which it did not already own in Colonial Grand at Research Park, a Durham-based owner and operator of multifamily community apartment properties and a joint venture between Colonial and Tuckerman Group LLC, a unit of State Street Global Advisors (Street) and Stichting Pensioenfonds ABP's State Street Global Alliance LLC subsidiary, for $38 million . Street Global is unit of State Street Corp.

Neomend Inc | CR Bard Inc        

CR Bard Inc definitively agreed to acquire Neomend Inc, an Irvine-based manufacturer and wholesaler of sprayable surgical sealants and anti- adhesion products, for $165 million . The consideration was to consist of $140 million and up to $25 million in profit-related payments.

Radiant Research Inc | CRA Holdings Inc               

CRA Holdings Inc acquired Radiant Research Inc, a Bellevue-based provider of pharmaceutical research services. Terms were not disclosed.

VGTel Inc | Creditors     

VGTel Inc (VGT), a Suffern-based developer of telecommunication software, planned to a debt restructuring transaction with creditors (CRs). Upon completion, CRs will be holding an undisclosed interest in the restructured VGT.

Talisman International LLC | ENERCON Services Inc         

Enercon Services Inc acquired Talisman International LLC, a Washington-based provider of consulting services. Terms were not disclosed.

Willow Lake Apartments | Essex Property Trust Inc         

Essex Property Trust Inc acquired Willow Lake Apartments, a San Jose-based owner and operator of apartments, for $148 million .

Northcote Energy Ltd | Everest Energy Ltd          

Everest Energy Ltd (Everest) agreed to acquire the entire share capital of Northcote Energy Ltd (Northcote), an oil and gas exploration and production company, in exchange for 645. 085 million Everest ordinary shares, valued at $15.494 million , in a reverse takeover transaction. The shares were valued based on Everest's closing stock price of $0. 024 on 19 October 2012, the last full trading day prior to the announcement. Upon completion, Northcote was to own 86.246% of Everest.

Heelys Inc | Evergreen Group Ventures LLC       

Evergreen Group Ventures LLC definitive agreed to acquire the entire share capital of Heelys Inc, a Carrollton-based manufacturer and wholesaler of athletic shoes, for $13.9 million in cash, plus the assumption of an undisclosed amount in liabilities, in a leveraged buyout transaction.

SBA-Distributed Antenna System | ExteNet Systems Inc              

ExteNet Systems Inc acquired the Distributed Antenna System assets of SBA Communications Corp, a Boca Raton-based provider of wireless communications services.

Dwyer Curlett & Co | Grandbridge Re Capital LLC             

Grandbridge Real Estate Capital LLC, a wholly-owned unit of BB&T Corp's Branch Banking & Trust Co subsidiary, agreed to acquire Dwyer Curlett & Co, a Venice Beach- based provider of real estate mortgage services.

Washington County SWD Well | GreenHunter Water LLC             

GreenHunter Water LLC (GreenHunter Water), a majority-owned unit of GreenHunter Energy Inc, acquired a Salt Water Disposal Well, located in Washington County. Concurrently, GreenHunter Water acquired the Salt Water Disposal Well, located in Ritchie County, Virginia.

Petro-Hunt-Oil & Gas Assets | Halcon Resources Corp   

Halcon Resources Corp (Halcon), through its wholly- owned Halcon Energy Properties Inc subsidiary, definitively agreed to acquire the Williston Basin oil and gas assets of Petro- Hunt LLC, a Dallas-based oil and gas exploration and production company, for $1. 45 bil. The consideration was to consist of $700 million in cash and $750 million in new Halcon convertible preferred shares. Concurrently, Canadian State-owned Canada Pension Plan Investment Board, agreed to acquire an undisclosed minority stake in Halcon.

Walton Rehabilitation Hospital | HealthSouth Corp          

HealthSouth Corp signed a Letter of Intent {LoI} to acquire Walton Rehabilitation Hospital, an Augusta-based owner and operator of inpatient rehabilitation hospital, from Walton Rehabilitation Health System.

Undisclosed Search Engine Co | Hi Score Corp   

Hi Score Corp (Hi Score) planned to acquire an undisclosed search engine optimization company, located in South Florida, for an undisclosed amount in cash and Hi Score common shares.

Ancestry.com Inc | Investor Group         

An investor group, comprised of Global Generations International Inc, a unit of Permira Advisers LLP of the UK, and Ancestry. com Inc's (Ancestry.com) management, definitively agreed to acquire the entire share capital of Ancestry.com, a Provo-based provider of information retrieval services, from Spectrum Equity Investors LP (Spectrum) , for $32 in cash per share, or a total value of $1.499 bil, in a secondary leveraged buyout transaction. Previously, Spectrum acquired an undisclosed majority interest in Ancestry.com, in a leveraged buyout transaction. Originally, in June 2012, Spectrum was rumored to be seeking a buyer for its Ancestry.com unit. Permira Advisers LLP, Providence Equity Partners Inc and TPG Capital LP were named rumored bidders.

CHG Healthcare Services Inc | Investor Group   

An investor group comprised of Leonard Green & Partners LP and Ares Management LLC agreed to acquire CHG Healthcare Services Inc (CHG), a Salt Lake City-based provider of temporary allied health and travel nurse staffing services, in a leveraged buyout transaction. Terms were not disclosed but according to people familiar with the matter, the transaction has a reported value of $1 bil. Originally, in September 2012, CHG was rumored to be seeking a buyer for the company.

DiamondViewTower | Investor Group  

An investor group, comprised of Cigna Corp and Cruzan Monroe, planned to acquire DiamondViewTower, a San Diego-based owner and operator of an office building, from Wereldhave NV, for $122 million .

Residential Capital LLC -Asset | Investor Group 

An investor group, comprised of Ocwen Loan Servicing LLC, a unit of Ocwen Financial Corp (Ocwen), and Walter Investment Management Corp (Walter), planned to acquire certain mortgage servicing assets of Residential Capital LLC (Residential), Minneapolis- based provider of real estate financing services, for $3 bil. Originally, in October 2012, Residential announced that it was seeking a buyer for its certain mortgage servicing assets, and Nationstar Mortgage Holdings Inc, Ocwen and Walter were named potential bidders.

SAFE Management LLC | Investview Inc               

Investview Inc, a unit of Newsgrade Corp, definitively agreed to acquire SAFE Management LLC, a Colts Neck-based provider of investment education services and products.

Alex & Ani Co | JH Partners LLC 

JH Partners LLC acquired an undisclosed majority interest in Alex & Ani Co, a Cranston-based manufacturer and wholesaler of jewelry, in a leveraged buyout transaction.

WACY-TV | Journal Broadcast Group Inc               

Journal Broadcast Group Inc, a unit of Journal Communications Inc, acquired WACY-TV, a Green Bay-based owner and operator of digital television station, from ACE TV Inc, for $2.038 million .

NextMedia Outdoor Inc | Lamar Advertising Co

Lamar Advertising Co agreed to acquire the entire share capital of NextMedia Outdoor Inc, an Englewood- based provider of outdoor advertising services, from NextMedia Group Inc, for $145 million in cash.

Keen Energy Services LLC | Latshaw Drilling & Exploration            

Latshaw Drilling Co acquired Keen Energy Services LLC, a provider of contract drilling services. Terms were not disclosed.

Emiliani Enterprises Inc | L'Oreal USA     

L'Oreal USA, a unit of L'Oreal SA, agreed to acquire Emiliani Enterprises Inc, a Union-based wholesaler of beauty care products.

Sycamore Networks-Intelligent | Marlin Equity Partners LLC       

Marlin Equity Partners LLC agreed to acquire the intelligent bandwidth management business of Sycamore Network Inc, a Chelmsford-based manufacturer of optical switching products, for $18.75 million in cash, in a leveraged buyout transaction.

PSS World Medical Inc | McKesson Corp              

McKesson Corp definitively agreed to acquire the entire share capital of PSS World Medical Inc, a Jacksonville-based wholesaler of medical equipment, supplies and pharmaceuticals, for $29 in cash per share, or a total value of $1.459  billionand the assumption of an undisclosed amount in liabilities.

Talisman Mine,Ferry County | Minerals North LLC           

Minerals North LLC, a joint venture between Diamonds North Resources Ltd and Uranium North Resources Corp, acquired Talisman Mine, a Ferry County-based mineral mining property.

Alterna Holdings Corp | Moberg Derma AB         

Moberg Derma AB of Sweden acquired Alterna Holdings Corp, a Los Angeles- based manufacturer and wholesaler of haircare products, for $19.88 million.

L & O Public Relations | Mobility Public Relations LLC      

Mobility Public Relations LLC acquired L&O Public Relations, a provider of public relations services.

American Investment Services | Omega Commercial Finance Corp          

Omega Commercial Finance Corp agreed to acquire American Investment Services LLC, a Palm Harbor-based provider of investment advisory services. Concurrently, Omega agreed to acquire USA Tax & Insurance Services Inc, a Palm Harbor- based provider of tax and insurance planning services. The two transactions had a combined value of $20 million .

Wood Re New Inc | Outdoor Living Brands Inc   

Outdoor Living Brands Inc acquired Wood Re New Inc, a Springfield-based provider of wood restoration services. Terms were not disclosed.

Red Lion Hotel,Aurora,CO | Pandey Hotel Denver LLC    

Pandey Hotel Denver LLC, a majority-owned unit of CP Group New Zealands majority- owned Pandey Hotel Corp subsidiary, acquired Red Lion Hotel Denver Southeast (Southeast), an Aurora-based owner and operator of hotel, from Red Lion Hotels Corp (Red Lion) for $13 million . Originally, in January 2012, Red Lion announced that it was seeking a buyer for Southeast.

CCW-Deck Coating Line | Pecora Corp(Mellon Ventures)             

Pecora Corp acquired the Deck Coating Product Line of Carlisle Coatings & Waterproofing Inc, a Wylie- based manufacturer of coatings and waterproofing materials.

NextWave Pharmaceuticals Inc | Pfizer Inc         

Pfizer Inc agreed to merge with NextWave Pharmaceuticals Inc, a Cupertino-based manufacturer of pharmaceuticals, for an estimated $700 million . The consideration was to consist of $275 million and up to $425 million in profit-related payments.

Spartech Corp | PolyOne Corp  

PolyOne Corp (PolyOne) definitively agreed to acquire the entire share capital of Spartech Corp (Spartech), a Clayton-based manufacturer and wholesaler of thermoplastic materials and polymeric compounds, in a stock swap transaction valued at $389.712 million , including the assumption of $142 million in liabilities. PolyOne offered 2.67 in cash per share and 0.3167 common shares per Spartech share. Based on PolyOne's closing stock price of $16.84 on 23 October 2012, the last full trading day prior to the announcement, each Spartech was valued at $8.003.

Chinatrust Bank(USA)-Assets | Preeminent Investments Corp  

Preeminent Investments Corp acquired the non- performing loans of Chinatrust Bank (USA), a provider of commercial bank services, and a wholly-owned unit of Chinatrust Financial Holding Co Ltd of Taiwan's wholly-owned Chinatrust Capital Corp unit, for $1. 6 million .

Colonial Promenade Alabaster | Propst Properties          

Propst Properties acquired Colonial Promenade Alabaster, a Birmingham-based owner and operator of a shopping center, from Colonial Properties Trust divested, for $37.4 million .

Ludell | QEP Co Inc         

QEP Co Inc acquired Ludell, manufacturer of wood and fiberglass tools, for an estimated $1.3 million .

Teligy Inc | Raytheon Co              

Raytheon Co acquired Teligy Inc, a Greer-based developer of custom software. Terms were not disclosed.

CIENA Corp-Optical Network | Reliance Globalcom Ltd  

Reliance Globalcom Ltd of India, a unit of Reliance Communications Ltd, planned to acquire the optical network gear assets of CIENA Corp, a Linthicum-based manufacturer and wholesaler of fiber optic cable systems. Terms were not disclosed.

WJKR-FM,Columbus,OH | Salem Media of Ohio Inc        

Salem Media of Ohio Inc, a unit of Salem Communications Corp, definitively agreed to acquire WJKR-FM, a Columbus- based owner and operator of a radio station, from Radio One Inc.

Ultra Stores Inc | Signet Jewelers Ltd     

Signet Jewelries Ltd of Bermuda, definitively agreed to acquire Ultra Stores Inc doing business as Ultra Diamond and Gold, a Chicago- based owner and operator of jewelry stores, from Crystal Financial LLC, for an estimated $57 million in cash.

Stevenson Color Inc | Southern Graphic Systems Inc      

Southern Graphic Systems Inc, a unit of Onex Corps SGS International Inc subsidiary, acquired Stevenson Color Inc, a Cincinnati-based provider of printing and marketing services, in a leveraged buyout transaction. Terms were not disclosed.

InTown Hospitality Corp | Starwood Distressed IX           

Starwood Distressed Opportunity Fund IX, a majority-owned unit of Starwood Capital Group Global LLC, agreed to acquire InTown Hospitality Corp (InTown), a Houston-based owner and operator of hotels, from Kimco Realty Corp (Kimco) for $735 million . The consideration was to consist of $118 million and $617 million in the assumption of existing liabilities. Originally, in June 2011, Kimco announced that it was seeking a buyer for InTown.

TokBox Inc | Telefonica Digital  

Telefonica Digita, a unit of Telefonica SA, acquired TokBox Inc, a San Francisco-based provider of online communications services. Terms were not disclosed.

Hawker Beechcraft Corp | Textron Inc  

Textron Inc was rumored to be planning to acquire Hawker Beechcraft Corp, a Wichita-based manufacturer of aircraft, from Goldman Sachs Group Inc and Onex Corp.

Target-Credit Card Portfolio | Toronto-Dominion Bank  

Toronto-Dominion Bank of Canada agreed to acquire the $5.9  billioncredit card portfolio (portfolio) of Target Corp (Target), a Minneapolis-based owner and operator of merchandise and retail discount stores, for an estimated $413 million . The deal was valued based on the 7% standard capitalization rate plus premium paid. The transaction was to include Target's US Visa and private label card portfolio. Originally, in January 2011, Target announced that it was seeking a buyer for the portfolio.

Cascade Corp | Toyota Industries Corp 

Toyota Industries Corp of Japan definitively agreed to acquire the entire share capital of Cascade Corp (Cascade), a Fairview-based manufacturer of material handling equipment, via a tender offer, for $65 in cash per share, or a total value of $760.218 million . The offer was conditioned upon at least a majority of Cascade's shares being tendered on a fully-diluted basis.

Goodrich Corp-Pump & Engine | TransDigm Group Inc  

TransDigm Group Inc definitively agreed to acquire the pump & engine control systems from Goodrich Corp, a Charlotte-based manufacturer and wholesaler of aircraft parts and equipment and a wholly-owned unit of United Technologies Corp, for an estimated $236 million in cash.

OKI Supply Co | United Stationers Supply            

United Stationers Supply Co, a wholly-owned unit of United Stationers Inc, agreed to acquire the entire share capital of OKI Supply Co, a Cincinnati-based wholesaler of business products, for $90 million in cash.

Fuller Brush Co-Consumer Bus | Victory Park Capital Advisors    

Victory Park Capital Advisors LLC planned to acquire the consumer business of the bankrupt The Fuller Brush Co Inc, a Great Bend- based manufacturer and wholesaler of household brushes and a majority-owned unit of Buckingham Capital Partner LP's CPAC Inc subsidiary, in a leveraged buyout transaction.

Southern Technical College | Wicks Group of Cos LLC     

Wicks Group of Cos LLC acquired Southern Technical College, an Orlando-based owner and operator of a college, in a leveraged buyout transaction.

Turbo Logistics Inc | XPO Logistics Inc     

XPO Logistics Inc acquired Turbo Logistics Inc, a Gainesville-based trucking company, from Ozburn-Hessey Logistics LLC, for $50 million cash.

 

 

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