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The Weekly Wrap: E.Land World, Swatch Group, USI Insurance Services

E.Land World buys K-Swiss; Swatch Group acquires Harry Winston; and USI Insurance Services purchases Welsch Flatness & Lutz

Target | Acquirer

Sony Corp-US Headquarters Bldg | 550 Madison Fifth LLC            

550 Madison Fifth LLC, a special purpose acquisition vehicle formed by a consortium led by Chetrit Group LLC, agreed to acquire the US headquarters building, located in New York City, New York, of Sony Corp of America, a New York-based manufacturer and wholesaler of audio and video equipment and a wholly-owned unit of Sony Corp (Sony), for $ 1.1 bil. Originally, in January 2013, Sony was rumored to be seeking a buyer for its US headquarters building.

Insurance Assoc of North Cali | ABD Ins & Finl Svcs Inc   

ABD Insurance and Financial Services Inc, a unit of Wells Fargo & Co's Greater Bay Bancorp subsidiary, acquired Insurance Associates of Northern California, a Walnut Creek-based insurance agency. Terms were not disclosed.

AccuBoost | Advanced Radiation Therapy LLC    

Advanced Radiation Therapy LLC acquired AccuBoost, a Tyngsboro-based provider of home health care services.

Independent Equipment Co | Alta Group            

Alta Group agreed to merge with Independent Equipment Co, a Clearwater- based provider of consulting services. Terms were not disclosed.

Verallia North America | Ardagh Group SA          

Ardagh Glass Group SA of Luxembourg planned to launch a tender offer to acquire the entire share capital of Verallia North America, a Muncie-based manufacturer of glass containers, from Verallia SA, a unit of Cie de Saint-Gobain SA, for an estimated $ 1.7 bil.

Greektown Superholdings Inc | Athens Acquisition LLC 

Athens Acquisition LLC, a unit of Rock Ventures LLC's Rock Gaming LLC, agreed to acquire an undisclosed majority interest in Greektown Superholdings Inc, a Detroit-based owner and operator of casinos.

Genesis Medical Imaging Inc | BC Technical Inc 

BC Technical Inc, a unit of MSouth Equity Partners LLC, acquired Genesis Medical Imaging Inc, a Huntley-based provider of diagnostic imaging services.

ET-LA-Texas Oil & Gas Assets | BCM Energy Partners Inc              

BCM Energy Partners Inc (BCM) agreed to acquire the Texas oil and gas assets of ET-LA LLC (ET-LA), a Tyler- based oil and gas exploration and production company, and a unit of New Times Energy Corp Ltd's Novastar Capital Ltd, for $ 2.8 mil. The consideration was to consist of $ 0.3 mil in cash and $ 2.5 mil in convertible notes. Concurrently, BCM acquired the Louisiana oil and gas assets of ET-LA.

NGP Blue Mountain Holdco LLC | Blue Mountain Power LLC        

Blue Mountain Power LLC, a unit of EIG Global Energy Partners LLC majority-owned subsidiary of Societe Generale SAs TCW Group Inc unit, agreed to acquire the entire share capital of NGP Blue Mountain Holdco LLC, an investment holding company, from Nevada Geothermal Power Inc, in a leveraged buyout transaction.

Vericrest Financial Inc | Caliber Funding LLC        

Caliber Funding LLC agreed to merge with Vericrest Financial Inc, a Oklahoma City-based provider of mortgage and financial services. Terms were not disclosed.

Pennfield Corp-Feed Mills(2) | Cargill Inc             

Cargill Inc planned to acquire two feed mills from the bankrupt Pennfield Corp, a Lancaster-based owner and operator of dairy farms, for $ 9.8 mil.

Specialty Therapeutic Hldg Inc | Centene Corp  

Centene Corp definitively agreed to acquire Specialty Therapeutic Care Holdings Inc dba AcariaHealth, an Orlando- based owner and operator of specialty pharmacies, from Enhanced Equity Fund II LP, a unit of Enhanced Equity Funds, for $ 152 mil.

Innoveer Solutions Inc | Cloud Sherpas Inc         

Cloud Sherpas Inc acquired Innoveer Solutions Inc, a Boston-based application services provider, from Akibia Inc.

Innovachem LLC | Croda International PLC

Croda International PLC of the UK acquired Innovachem LLC, a Cutchogue-based manufacturer and wholesaler of specialty chemicals, for $ 2.8 mil in cash.

ConocoPhillips Co-Rocky | Denbury Resources Inc           

Denbury Resources Inc agreed to acquire the Rocky Mountain properties of ConocoPhillips Co, a Plano- based oil and gas exploration and production company, for an estimated $ 1.05 bil in cash. The transaction was to include interests in certain existing operated fields and operating interests in Cedar Creek Anticline.

ACORD | DISA  

Association for Cooperative Operations Research & Development (ACORD) merged with Data Interchange Standards Association (DISA), a Falls Church-based provider of electronic business interchange standards information services.

Cogility Software Corp | Drumright Group LLC   

Drumright Group LLC definitively agreed to acquire the entire share capital of Cogility Software Corp, a Providence-based provider of software engineering services, from Acquired Sales Corp, for an estimated $ 7 mil.

K-Swiss Inc | Eland World Ltd     

Eland World Ltd of South Korea definitively agreed to acquire the entire share capital of K-Swiss Inc, a Westlake Village-based manufacturer and wholesaler of athletic footwear, for $ 4.75 in cash per share, or a total value of $ 169.136 mil.

Mozes Inc | ePrize Inc  

ePrize Inc, a unit of Catterton Partners, acquired Mozes Inc, a Palo Alto-based provider of mobile engagement services.

Excel Business Solutions Inc | Excel Corp              

Excel Corp acquired the entire share capital of Excel Business Solutions Inc, a Flushing-based provider of credit processing services, in exchange for 33.532 mil common shares, valued at $ 5.667 mil. The shares were valued at Excel Corp's closing stock price of $ 0. 169 on 15 January 2013, the last full trading day prior to the announcement.

LexisNexis Risk Solutions-Bus | First Advantage Corp     

Symphony Technology Group LLC definitively agreed to acquire the screening business of LexisNexis Risk Solutions, an Alpharetta- based provider of data and analytics services, and a unit of Reed Elsevier PLC's LexisNexis Group subsidiary, in a leveraged buyout transaction.

EMT Inc | First Call Ambulance Service  

First Call Ambulance Service LLC, a wholly-owned subsidiary of EDG Partners LLC, acquired EMT Inc, an Eaton-based provider of ambulance transportation services. Terms were not disclosed.

Open Solutions Inc | Fiserv Inc  

Fiserv Inc acquired the entire share capital of Open Solutions Inc, a Glastonbury- based developer of financial and banking software, from Harpoon Merger Corp (Merger), a wholly-owned unit of Harpoon Acquisition Corp, for $ 1.015 bil. The consideration consisted of $ 55 mil and the assumption of $ 960 mil in liabilities. Originally, Merger was rumored to be seeking a buyer for its Open Solutions unit.

Videro Inc | Fresh Juice Global  

Fresh Juice Global acquired Videro Inc, an El Segundo-based developer of digital media software.

Canary Wellhead Equipment Inc  | Frontier Energy Group LLC    

Frontier Energy Group LLC acquired Canary Wellhead Equipment Inc (Canary Wellhead), an Oklahoma City- based provider of oilfield drilling services. On completion, Canary Wellhead was renamed Canary LLC.

ProSource Management Solutions | G&A Partners         

G&A Partners acquired ProSource Management Solutions, a Houston-based provider of human resources services.

DryDog Barriers LLC | Garland Industries Inc       

Garland Industries Inc acquired DryDog Barriers LLC, a Matthews-based manufacturer and wholesaler of waterproofing and moisture products.

Hotel Durant | Gemstone Hotels & Resorts LLC 

Gemstone Hotels & Resorts LLC acquired Hotel Durant, a Berkeley-based owner and operator of a hotel.

NDS Surgical Imaging LLC | GSI Group Inc             

GSI Group Inc acquired the entire share capital of NDS Surgical Imaging LLC, a San Jose-based manufacturer of hospital surgical equipment, for $ 82.5 mil in cash.

Vector Technologies Ltd | Holden Industries Inc               

Holden Industries Inc acquired Vector Technologies Ltd, a Milwaukee-based manufacturer and wholesaler of vacuum cleaner and cleaning systems.

Benefit Consulting Alliance | Hylant Group Inc   

Hylant Group Inc acquired Benefit Consulting Alliance LLC, a Brentwood- based provider of employee benefit advisory firm services. The transaction was to include Benefit Outsourcing Group Inc.

Dell Inc | Investor Group             

An investor group, comprised of Silver Lake Partners, an undisclosed investor, and the management of Dell Inc (Dell), was rumored to be in negotiations to acquire Dell a Round Rock- based manufacturer and wholesaler of computers.

Westlake Terry,Seattle,WA | Kilroy Realty Corp

Kilroy Realty Corp acquired Westlake Terry, a Seattle-based owner and operator of office buildings, for an estimated $ 170 mil.

Modularm Corp | Kitchen Brains              

Kitchen Brains acquired Modularm Corp, a Commack- based manufacturer of temperature and refrigeration monitoring system products. Terms were not disclosed.

MBLX Inc | Livingston International Inc 

Livingston International Inc, a unit of Livingston International Income Fund's Livingston International Inc of Canada, acquired MBLX Inc. The transaction was to include MBLX LLC.

US Minerals Inc | Merit Capital Partners               

Merit Capital Partners acquired US Minerals Inc, a Dyer-based manufacturer of coal slag products, in a leveraged buyout transaction. Concurrently, Merit Capital Partners acquired Structural & Steel Products.

Structural & Steel Products | Merit Capital Partners        

Merit Capital Partners acquired Structural & Steel Products, a Fort Worth-based manufacturer of steel products, in a leveraged buyout transaction. Concurrently, Merit Capital Partners acquired US Minerals Inc

Western Pacific Res-Meridian | Midway Gold Corp         

Midway Gold Corp acquired the Meridian Ridge of Western Pacific Resources Corp, a Vancouver based gold mining company , for $ .5 mil.

39889 Eureka Drive Ppty-Plant | MiTAC Information Systems Corp           

MiTAC Information Systems Corp of Taiwan, a wholly-owned unit of MiTAC International Corp of Taiwan, acquired the plant of 39889 Eureka Drive Property LLC, a real estate development firm, for $ 22.128 mil.

Barr Systems LLC-EOM Business | Notable Solutions Inc               

Notable Solutions Inc acquired the Enterprise Output Management (EOM) business of Barr Systems LLC, a Gainesville-based provider of computer integrated systems services.

Seymour B Stern & Associates | Offit Kurman PA             

Offit Kurman PA acquired Seymour B Stern & Associates PA, a Frederick-based law firm.

Westin Providence | Omni Hotels & Resorts       

Omni Hotels & Resorts, a unit of TRT Holdings Inc, acquired Westin Providence, a Providence-based owner and operator of a hotel, from Procaccianti Group.

Penco Oil Co | O'Rourke Petroleum Inc 

O'Rourke Petroleum Inc acquired Penco Oil Co, a Tyler-based wholesaler of petroleum products.

Hatch Stamping Co | Prophet Equity LP 

Prophet Equity LP acquired Hatch Stamping Co, a Chelsea-based manufacturer of metal components, in a leveraged buyout transaction.

Yellow7 Inc | QED Connect Inc  

QED Connect Inc acquired an undisclosed majority interest in Yellow7 Inc, a Little Elm-based developer of online marketing strategies services.

Advent Cleaning Technology Inc | Quantum Global Technologies             

Quantum Global Technologies LLC acquired Advent Cleaning Technologies Inc, a Carrollton-based provider of outsourced process tool parts cleaning and restoration services. Terms were not disclosed.

SCG Financial Acquisition Corp | Reach Media Holdings Inc          

Reach Media Holdings Inc, a unit of National CineMedia Inc, planned to merge with SCG Financial Acquisition Corp, a Chicago-based blank check company.

Operating Tax Systems LLC | Riverside Co            

Riverside Co acquired Operating Tax Systems LLC, a Stow-based provider of fuel tax reporting services, in a leveraged buyout transaction.

JacoSoft LLC | Riverside Co         

Riverside Co acquired JacoSoft LLC, a Houston-based developer of software, in a leveraged buyout transaction.

Yogurtini Inc | Rocky Mountain Chocolate Inc    

Rocky Mountain Chocolate Factory Inc (RMC) definitively agreed to acquire Yogurtini Inc, a Tempe-based owner and operator of frozen yogurt stores. The transaction was to include YHI Inc. Concurrently, RMC planned to acquire an undisclosed majority interest in U-Swirl International Inc.

U-Swirl International Inc | Rocky Mountain Chocolate Inc            

Rocky Mountain Chocolate Factory Inc (RMC) planned to acquire an undisclosed majority interest in U-Swirl International Inc, a Henderson-based owner and operator of frozen yogurt stores. Concurrently, RMC definitively agreed to acquire Yogurtini Inc.

Christiana Mall,Newark,DE | Rubenstein Real Estate Co LC          

Rubenstein Real Estate Co LC planned to acquire Christiana Mall, a Newark- based owner and operator shopping center, from Pennsylvania Real Estate Investment Trust, for $ 75 mil.

Swing Staging Inc | Safway Services LLC

Safway Services LLC, a unit of Dayton Superior Corp subsidiary of Oaktree Capital Group LLC's Oaktree Capital Management LP, acquired Swing Staging Inc, a Long Island City-based provides scaffolding, shoring and formwork services. Terms were not disclosed.

Acquavella Chiarelli-SF Branch | SingerLewak LLP             

SingerLewak LLP merged with the San Francisco branch of Acquavell Chiarelli Shuster Berkower & Co LLP, an Iselin-based provider of accounting and auditing services.

Evergreen EDC | SSOE Group    

SSOE Group merged with Evergreen EDC, a Hillsboro- based provider of engineering, architectural design and construction management services.

Harry Winston Inc | Swatch Group SA    

Swatch Group AG of Switzerland agreed to acquire the entire share capital of Harry Winston Inc, a New York- based manufacturer and retailer of diamond jewelry and watches, from Harry Winston Diamond Corp (Harry), for an estimated $ 1 bil. The consideration was to consist of $ 750 mil and the assumption of up to $ 250 mil in pro-forma net debt. Upon completion, Harry was to be renamed as Dominion Diamond Corp.

Infinite Computer Group LLC | Systems Maintenance Services  

Systems Maintenance Services Inc acquired Infinite Computer Group LLC, a Chatsworth-based provider of information technology services. Terms were not disclosed.

Anadarko Basin Property,OK | Templar Energy LLC          

Templar Energy LLC acquired an oil and gas exploration and production property, located in Anadarko Basin, Oklahoma.

Techniks Inc | Tenex Capital Management LLC  

Tenex Capital Management acquired Techniks Inc, an Indianapolis-based manufacturer of industrial tools. Terms were not disclosed.

GroRite Greenhouses | Terra Tech Corp              

Terra Tech Corp signed a Letter of Intent {LoI} to acquire GroRite Greenhouses & Garden Center, a Lincoln Park- based owner and operator of greenhouses.

InterSystems Inc | The Pritzker Group  

The Pritzker Group acquired InterSystems Inc, an Omaha-based manufacturer of sampling equipment, agricultural material and handling equipment. Terms were not disclosed.

Clark Hill PLC | Thorp Reed & Armstrong LLP       

Thorp Reed & Armstrong LLP was rumored to be planning to merge with Clark Hill PLC, a Detroit-based law firm.

Velocity Express Corp | TransForce Inc  

TransForce Inc of Canada definitively agreed to acquire the entire share capital of Velocity Express Corp, a Stafford-based provider of air courier services, from ComVest Investment Partners III LP, a unit of Commonwealth Associates Group Holdings LPs ComVest Investment Partners subsidiary.

Precise Packaging Inc | Trive Capital LLC

Trive Capital LLC acquired Precise Packaging Inc, a Fall River-based provider of packaging services.

Paragon Investment Management | United Capital Finl Partners              

United Capital Financial Advisers LLC, a unit of United Capital Financial Partners Inc, acquired Paragon Investment Management Inc, a Seattle-based provider of investment advisory services.

Nevada Minerals-Ruby Mountains | USA Graphite Inc   

USA Graphite Inc (USA Graphite) was granted an option to acquire the Ruby Mountains Graphite Property, located in Elko, Nevada, of Nevada Minerals Holdings Inc, a graphite mining company, for $ 0.2 mil and 4.615 mil USA Graphite restricted common shares.

10Best.com Inc | USA Today Travel Media Group

USA Today Travel Media Group, a unit of Gannett Co Inc, acquired 10Best.com Inc, a Greenville-based provider of online travel guide services, from NileGuide.com Inc

Welsch Flatness & Lutz Inc | USI Insurance Services LLC

USI Insurance Services LLC (USI Insurance), a unit of the USI Holdings Corp subsidiary of Goldman Sachs & Co's GS Capital Partners LP acquired Welsch Flatness & Lutz Inc, a Saint Louis-based insurance agency. Terms were not disclosed. Concurrently, USI Insurance acquired Construction Insurance Partners.

Construction Insurance Partner | USI Insurance Services LLC      

USI Insurance Services LLC (USI Insurance), a unit of the USI Holdings Corp subsidiary of Goldman Sachs & Co's GS Capital Partners LP acquired Construction Insurance Partners, a Saint Louis based insurance agency. Terms were not disclosed. Concurrently, USI Insurance acquired Welsch Flatness & Lutz Inc.

Discovery Day Gold Mine,North | Viking Minerals Inc     

Viking Minerals Inc agreed to acquire the Discovery Day gold mine located in Northern California.

Found Software Inc | YouSendIt Inc       

YouSendIt Inc acquired Found Software Inc, a San Francisco-based provider of application services. Terms were not disclosed.

 

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