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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

Mergers Unleashed
 

The Weekly Wrap

New plays from Apax Partners, Priceline and Zillow; other recent deals listed here in alphabetical order according to buyer

Target Name | Acquirer

The Dallas Eagle LLC            AEA Investors LP      

AEA Investors LP of the US, a unit of AEA Holdings acquired The Dallas Eagle LLC, a Dallas-based manufacturer of leaf springs and support beams, in a leveraged buyout transaction. Terms were not disclosed. The consideration was to consist of Eagle Suspensions Inc, Dallas Spring Canada Inc and Titan Durant Land LLC.

Cole Haan Holdings Inc | Apax Partners Worldwide LLP

Apax Partners Worldwide LLP was rumored to be planning to acquire Cole Haan Holdings Inc (Cole Haan) , a Scarborough-based manufacturer and wholesaler of shoes and apparel, from Nike Inc, in a leveraged buyout transaction. Terms were not disclosed, but according to sources familiar to the transaction, the deal was valued at USD 500 million. Originally, in May 2012, Nike Inc, announced that it was seeking a buyer for its Cole Haan unit,. TPG Capital Management and Apax Partners were named rumored potential bidders.

Studio 40-41,Studio City | Archstone-Smith Trust           

Archstone-Smith Trust, a unit of Barclays PLCs Lehman Brothers Holdings Inc subsidiary, acquired Studio 40-41, a Studio City-based owner and operator of apartment buildings, for USD 56.3 million. On completion, Studio 40-41 was renamed Studio 4121.

Southern Anesthesia & Surgical | Beecken Petty O'Keefe & Co  

Beecken Petty O'Keefe & Co acquired Southern Anesthesia & Surgical, a West Columbia-based wholesaler of pharmaceutical and medical equipment, from PSS World Medical Inc, in a leveraged buyout transaction.

Vessix Vascular Inc | Boston Scientific Corp          

Boston Scientific Corp definitively agreed to acquire Vessix Vascular Inc, a Laguna Hills-based manufacturer of medical devices, for an estimated USD 425 million. The consideration was to consist of USD 125 million and up to USD 300 million in profit-related payments.

Calpine Corp-Broad River | Broad River Power LLC        

Broad River Power LLC, a unit of Energy Capital Partners plans to acquire the Broad River Energy Center unit, located in Gaffney, South Carolina, of Calpine Corp, a Houston-based provider of power generation services, for USD 427 million.

Johnson & Strachan Inc-Cert As | Brown & Brown Inc    

Brown & Brown Inc acquired the certain assets of Johnson & Strachan Inc, a Fairfax-based insurance agency. Terms were not disclosed.

GA Telesis LLC | Century Tokyo Leasing Corp      

Century Tokyo Leasing Corp of Japan signed a Letter of Intent {LoI} to acquire a 20% stake in GA Telesis LLC, a Fort Lauderdale-based provider of aircraft and engine leasing services, for an estimated JPY 4 billion (USD 49.764 million), in a privately negotiated transaction.

City Center Plaza | CommonWealth Partners       

CommonWealth Partners acquired City Center Plaza, a Bellevue-based owner and operator of office building, from Cole Real Estate Investments LLC, for USD 374. 7 million.

Dell Inc-Revenue Cycle | Conifer Health Solutions LLC   

Conifer Health Solutions LLC, a unit of Tenet Healthcare Corp, acquired the revenue cycle solutions business of Dell Inc, a Round Rock-based manufacturer and wholesaler of computers.

Primo Water Corp-Flavorstation | Cuisinart Corp

Cuisinart Corp acquired the flavorstation of Primo Water Corp, a Winston-Salem- based manufacturer and wholesaler of water dispensers. Terms were not disclosed.

Proteus Energy Corp            | Dakar Resource Corp        

Dakar Resource Corp (Dakar) of Canada agreed to acquire all the outstanding stock of Proteus Energy Corp, a Los Angeles-based oil and gas exploration and production company, in exchange for 84.597 Dakar common shares valued at USD 34.115 million. The shares were valued based on Dakar's closing stock price of USD 0. 4 on November 1, the last full trading day prior to the announcement.

Premier Global Holdings Inc            DayStar Technologies Inc    

DayStar Technologies Inc signed a Letter of Intent {LoI} to acquire the entire share capital of Premier Global Holdings Inc, a provider of solar power generations services.

Bonal International Inc | DePierre Mgmt & Mnfr LLP     

DePierre Management & Manufacturing LLC signed a letter of intent {LoI} to merge with Bonal International Inc, a Royal Oak-based manufacturer and wholesaler of welding equipment.

Plaid Skirt Marketing | Digital Net Agency Inc      

Digital Net Agency Inc acquired Plaid Skirt Marketing, a Raleigh-based provider of ecommerce information services.

DirecTV Inc | DISH Network Corp  

DISH Network Corp was rumored to be acquiring DirecTV Inc, an El Segundo- based provider of cable television services.

Constantine Metal-Palmer VMS | Dowa Metals & Mining Co Ltd           

Dowa Metals & Mining Co Ltd (Dowa) of Japan, a unit of Dowa Holdings Co Ltd, was granted an option to acquire a 49% ownership interest in the Palmer VMS Project, located in Alaska, from Constantine Metal Resources Ltd (Constantine), a Vancouver-based gold and copper mining company, for CAD 21.916 million (USD 22 million) including CAD 1.245mil (USD 1. 25 million) in cash, in the formation of a joint venture, in a privately negotiated transaction. Upon completion, Dowa is to own 49% and Constantine the remaining 51% of the Palmer VMS Project.

Access Scientific Inc | Endeavour Capital Inc        

Endeavour Capital Inc acquired Access Scientific Inc, a San Diego-based manufacturer of over-wire vascular access technology, in a leveraged buyout transaction. Terms were not disclosed.

Viveo SASU-Engineering Div | Evercore Wealth Management LLC        

Evercore Wealth Management LLC, a unit of Evercore Partners Inc, definitively agreed to acquire Mt Eden Investment Advisors LLC, a San Francisco- based provider of investment advisory services.

SNR Denton LLP | Fraser miller Casgrain LLP      

Fraser miller Casgrain LLP merged with SNR Denton LLP, a Chicago-based provider of legal services.

Row 44 Inc | Global Eagle Acquisition Corp          

Global Eagle Acquisition Corp (Eagle) definitively agreed to acquire Row 44 Inc, a Westlake Village-based provider of satellite broadband services, from PAR Investment Partners LP, in exchange for 25 million new Eagle common shares, valued at an estimated USD 250 million. Concurrently, Eagle definitively agreed to acquire an 86% interest, or 20.465 million ordinary shares, in Advanced Inflight Alliance AG.

Houghton International Inc | Gulf Oil Corp Ltd    

Gulf Oil Corp Ltd of India, a unit of Hinduja Group (Hinduja), through its UK subsidiary, agreed to acquire the entire share capital of Houghton International Inc (Houghton), a Valley Forge-based manufacturer of industrial fluids, from AEA Investors LP (AEA), a unit of AEA Holdings, for USD 1.045 billion. Originally, in May 2012, AEA was rumored to be seeking a buyer for its Houghton unit. GS Group and Hinduja were named potential bidders.

Town Crossing Shopping Center | Hampshire Real Estate Cos  

Hampshire Real Estate Cos acquired Town Crossing Shopping Center, a Burlington Township-based owner and operator of shopping centers, from JS Hovnanian & Sons LLC, for USD 13.55 million.

Exco Resources-Conventional | Harbinger Group Inc      

Harbinger Group Inc (Harbinger) defnitively agreed to acquire a the conventional non-shale assets, located in Texas and Louisiana, from Exco Resources Inc (Exco), a Dallas-based oil and gas exploration and production company, for approximately USD 725 million in cash, in a formation of a joint venture. Upon completion, Harbinger and Exco were to to own 75% interest and 25% stake in the joint venture, respectively.

Spooky Cool Labs | Hearst Corp     

Hearst Corp acquired an undisclosed minority stake in Spooky Cool Labs, a Chicago- based developer of social game software, in a privately negotiated transaction. Terms were not disclosed.

John Wiley & Sons-Reference | Houghton Mifflin Harcourt        

Houghton Mifflin Harcourt Publishing Co acquired the reference books portfolio of John Wiley & Sons Inc, a Hoboken-based publisher of books and magazines. Terms were not disclosed.

Certify Data Systems Inc | Humana Inc     

Humana Inc (Humana) acquired Certify Data Systems Inc, a San Jose-based provider of health information exchange technology services. Terms were not disclosed. Concurrently, Humana definitively agreed to acquire Metropolitan Health Networks Inc and an undisclosed majority interest in MCCI Group Holdings LLC.

MCCI Group Holdings LLC | Humana Inc  

Humana Inc (Humana) acquired an undisclosed majority interest in MCCI Group Holdings LLC, a Miami- based provider of outpatient healthcare services. Terms were not disclosed. Concurrently, Humana definitively agreed to acquire Metropolitan Health Networks Inc and acquired Certify Data Systems Inc.

Metro Health Networks Inc | Humana Inc

Humana Inc (Humana) definitively agreed to acquire the entire share capital of Metropolitan Health Networks Inc, a Boca Raton-based provider of medical group practice services, for USD 11.25 in cash per share, or a total value of USD 497.987 million. Concurrently, Humana acquired Certify Data Systems Inc and an undisclosed majority interest in MCCI Group Holdings LLC.

MIPS Technologies Inc | Imagination Tech Grp PLC        

Imagination Technologies Group PLC of the UK definitively agreed to acquire the entire share capital of MIPS Technologies Inc, a Sunnyvale-based manufacturer of processor architectures, for USD 60 million in cash. Originally, in April 2012, MIPS was rumored to be seeking a buyer for the company.

Greenlight Transcription LLC | iMedX Inc 

iMedX Inc acquired Greenlight Transcription LLC, a Portland-based provider of medical transcription services.

EpiCept Corp | Immune Pharmaceuticals Ltd      

Immune Pharmaceuticals Ltd of Israel definitively agreed to merge with EpiCept Corp, a Tarrytown-based manufacturer of pharmaceuticals, in exchange for undisclosed amount in common shares.

Rangeland Energy LLC | Inergy Midstream LP    

Inergy Midstream LP, a 75.2% owned unit of Inergy LP, definitively agreed to acquire Rangeland Energy LLC, a Sugar Land-based provider of natural gas production and distribution services, for USD 425 million.

Core Systems Inc  | Specialty & Innovion Corp     

Innovion Corp acquired the Specialty & Production ion implant service division of Core Systems Inc, a Sunnyvale-based manufactures embedded microcontrollers.

SISCO Fire & Safety Inc | Investor Group  

An investor group, comprised of Clay Reale and Naomi Reale, acquired SISCO Fire & Safety Inc, a Gastonia- based wholesaler and retailer of fire safety products.

Monitor Co Group LP | Investor Group      

An investor group, comprised of Deloitte Touche Tohmatsu LLC of Japan (Tohmatsu), a majority-owned unit of Deloitte & Touche LLP (Touche), and Deloitte Consulting LLP, a majority unit of Touches Tohmatsu subsidiary agreed to acquire the bankrupt Monitor Co Group LP, a Cambridge-based provider of management consulting services.

Hospital Medical Associates IPC  | The Hospitalist Co Inc           

IPC The Hospitalist Co acquired Hospital Medical Associates Of Monmouth County LLC, a Red Bank-based owner and operator of acute care hospital.

Efficient Learning Systems Inc | John Wiley & Sons Inc  

John Wiley & Sons Inc acquired Efficient Learning Systems Inc, a Sedona-based provider of e-learning services, for USD 24 million.

MediaBox | Jonas Software Inc       

Jonas Software Inc of Canada, a unit of Constellation Software Inc, acquired MediaBox, an Atlanta- based developer of on-demand software , from Conecture Technologies LLC.

Sage Data Security | Knob Hill Partners    

Knob Hill Partners acquired Sage Data Security, a South Portland-based information security firm. Terms were not disclosed.

Fortitech Inc | Koninklijke DSM NV

Koninklijke DSM NV of the Netherlands definitively agreed to acquire Fortitech Inc, a Schenectady-based producer of food preparations, for USD 634 million in cash.

Hull Federal Savings Bank | Kopernik Federal Bank       

Kopernik Federal Bank planned to merge with Hull Federal Savings Bank, a Baltimore-based commercial bank. The new entity was to be named Kopernik Federal Bank.

Advanced Microscopy Group | Life Technologies Corp    

Life Technologies Corp acquired Advanced Microscopy Group, a Bothell-based manufacturer of microscopy equipment. Terms were not disclosed.

CoreTrace Corp | Lumension Inc   

Lumension Inc acquired CoreTrace Corp, an Austin- based developer of internet software.

Sapling Learning | Macmillan New Ventures        

Macmillan New Ventures acquired Sapling Learning, an Austin-based provider of information technology services. Terms were not disclosed.

Sage Products Inc | Madison Dearborn Partners LLC     

Madison Dearborn Partners LLC agreed to acquire Sage Products Inc, a Cary-based manufacturer and wholesaler of medical equipments, in a leveraged buyout transaction.

Howalt-McDowell Insurance Inc | Marsh & McLennan Agency LLC       

Marsh & McLennan Agency LLC, a unit of Marsh & McLennan Cos Inc's Marsh Inc, acquired Howalt-McDowell Insurance Inc, a Sioux Falls- based insurance agency. Terms were not disclosed.

The Protector Grp Ins Agency | Marsh & McLennan Agency LLC           

Marsh & McLennan Agency LLC, a unit of Marsh & McLennan Cos Inc's Marsh Inc, acquired Worcester-based The Protector Group Insurance Agency Inc. Terms were not disclosed.

Pediatric Hospitalist Group,FL | MEDNAX Inc       

MEDNAX Inc acquired an undisclosed pediatric hospitalist group, located in Orlando, Florida, in cash. Terms were not disclosed.

Sportsmans Guide Inc | Northern Tool + Equipment Co 

Northern Tool + Equipment Co Inc agreed to acquire Sportsmans Guide Inc, a South St. Paul-based owner and operator of mail order catalog, from VLP Corp, a unit of the Redcats USA LP subsidiary of PPR SA's Redcats SA unit, for USD 215 million. The transaction was to include Golf Warehouse.

TexStar-Eagle Ford Shale Asts | NuStar Energy LP          

NuStar Energy LP agreed to acquire Eagle Ford Shale assets from TexStar Midstream Services LP, a San Antonio- based oil and gas exploration and production company, for USD 425 million.

Paxton Towne Centre,Harrisburg | Pennsylvania Re Invest Trust        

Pennsylvania Real Estate Investment Trust agreed to acquire Paxton Towne Centre, a Harrisburg-based owner and operator of shopping center of Rubenstein Real Estate Co LC, for USD 76.8 million.

Streff Security Inc | Per Mar Security Services     

Per Mar Security Services acquired Streff Security LLC, a Cedar Rapids- based provider of security systems services.

KAYAK Software Corp | Priceline.com Inc 

Priceline.com Inc definitively agreed to acquire the entire Class A and Class B share capital of Kayak Software Corp, a Norwalk-based provider of online travel information services, for USD 40 per share, or a total value of USD 1.540 billion. Priceline.com Inc offered a choice between cash or common stock, subject to proration whereby the consideration was to consist of one-third cash and two- thirds in Priceline stock.

Amalfi Semiconductor Inc | RF Micro Devices Inc

RF Micro Devices Inc definitively agreed to acquire Amalfi Semiconductor Inc, a Los Gatos-based manufacturer of semiconductor, for an estimated USD 47.5 million in cash.

Louetta Central,Houston,Texas | RioCan RE Investment Trust   

RioCan Real Estate Investment Trust of Canada (RioCan) acquired an 85% interest in Louetta Central Shopping Center (Louetta), a Houston-based owner and operator of a shopping center, from Urdang Value-Added Fund II LP, a unit of Bank of New York Mellon Corp's Urdang Capital Management Inc subsidiary, and RCG Ventures LLC, for USD 31 million. Concurrently, RioCan planned to acquire the remaining 15% stake, which it did not already own, in Louetta.

MNX | Riverside Co  

The Riverside Co acquired Midnite Air Corp{MNX}, a Los Angeles- based provider of transportation and logistics services.

AT Solutions Group LLC | Rolta International Inc 

Rolta International Inc, a wholly-owned unit of Rolta India Ltd, acquired AT Solutions Group LLC, an Independence-based provider of information technology services, for an estimated USD 32 million and an undisclosed amount in profit-related payments. The transaction included AdvizeX Technologies LLC.

LectureTools Inc | Echo360 Inc.     

Echo360 acquired LectureTools Inc, a provider of online learning services. Terms were not disclosed.

Independent Foods LLC | Seneca Foods Corp      

Seneca Foods Corp signed a Memorandum of Understanding {MoU} to acquire Independent Foods LLC, a Yakima-based producer of canned fruits. Terms were not disclosed.

GAMCO Acquisition Co | Senior PLC           

Senior PLC of UK acquired GAMCO Acquisition Co, a Franklin-based manufacturer of precision components and assemblies, from Mason Wells Inc and two other undisclosed minority shareholders, for USD 45 million in cash. The transaction was to include GAMFG Precision LLC.

US Cellular-Midwest Businesses | Sprint Nextel Corp     

Sprint Nextel Corp definitively agreed to acquire certain Midwest businesses of United States Cellular Corp, a Chicago- based provider of wireless communication services, and a unit of Telephone & Data Systems Inc, for USD 480 million in cash.

Whiting Petroleum Corp | Statoil ASA       

Statoil ASA of Norway was rumored to be planning to acquire the entire share capital of Whiting Petroleum Corp, a Denver-based oil and gas exploration and production company.

Golder Associates Inc | Strata Engineering Pty Ltd          

Strata Engineering Pty Ltd of the Australia acquired Golder Associates Inc, a Richmond-based provider of engineering services.

DUSA Pharmaceuticals Inc | Sun Pharmaceutical Inds Ltd         

Sun Pharmaceutical Industries Ltd of India, through an undisclosed wholly- owned subsidiary, definitively agreed to acquire the entire share capital of DUSA Pharmaceuticals Inc (DUSA), a Wilmington-based biopharmaceutical company, via a tender offer for USD 8 in cash per share, or a total value of USD 212.472 million. The offer was conditioned upon at least a majority of DUSA's shares being tendered.

Envoy Therapeutics Inc | Takeda America Holdings Inc 

Takeda America Holdings Inc, a wholly-owned unit of Takeda Pharmaceutical Co Ltd, definitively agreed to acquire the remaining 87.5% interest, which it did not already own, in Envoy Therapeutics Inc, a Jupiter- based biotechnology company, for an estimated USD 140 million in cash and an undisclosed amount in profit-related payments.

Sena Cases Inc | Targus Group International Inc 

Targus Group International Inc, a unit of Fenwick Partners, acquired Sena Cases Inc, an Irvine- based manufacturer and wholesaler of leather cases.

Alabama ER Admin Svcs-Cert Ast | Team Health Holdings Inc   

Team Health Holdings Inc, a unit of Blackstone Group PLC, acquired certain assets from Alabama ER Administrative Services PC, a Montgomery-based association of physicians.

Protravel International Inc | Tzell Travel Group LLC       

Tzell Travel Group LLC, a unit of Travel Leaders Group LLC, agreed to merge with Protravel International Inc, a New York-based travel agency. Terms were not disclosed.

Antero Resources-Piceance Asts | Ursa Resources Group II LLC

Ursa Resources Group II LLC agreed to acquire Piceance Basin assets of Antero Resources LLC, a Denver-based oil and gas exploration and production company, for USD 325 million.

Automatic Data Processing-Bus | Vista Equity Partners LLC      

Vista Equity Partners LLC definitively agreed to acquire the tax business of Automatic Data Processing Inc, a Roseland-based provider of data processing services, in a leveraged buyout transaction. Terms were not disclosed

Hasbro Inc | Walt Disney Co           

Walt Disney Co was rumored to be planning to acquire the entire share capital of Hasbro Inc, Pawtucket-based manufacturer of games, toys and infant products.

Oncontact Software Inc | WorkWise Inc    

WorkWise Inc acquired Oncontact Software Inc, a Cedarburg-based develops customer relationship management (CRM) solutions software.

Mortech Inc | Zillow Inc       

Zillow Inc definitively agreed to acquire Mortech Inc, a Lincoln-based developer of mortgage software solutions, for USD 12 million in cash plus 0. 150 million restricted shares.

 

 

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