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The Weekly Wrap

New plays from Carlyle Group, Home Depot and Rick's Cabaret; other recent deals listed here in alphabetical order according to buyer

 

Target | Acquirer                                                                                                                                                               Synopsis

AOT Bedding Super Holdings LLC | Advent International Corp

Advent International Corp agreed to acquire an undisclosed majority interest in AOT Bedding Super Holdings LLC, an Atlanta-based manufacturer of bedding products, from Ares Corporate Opportunities Fund LP, a unit of Ares Management LLC, and Teachers' Private Capital, a unit of Ontario Teachers' Pension Plan, in a leveraged buyout transaction. Terms were not disclosed, but the value was reportedly $3 bil.

RemTec International Inc | A-Gas International Holdings

A-Gas International Holdings of the UK acquired environmental solutions provider RemTec International Inc for an undisclosed price.

Truist Inc | Alta Equity Partners LLC

Alta Equity Partners LLC acquired Truist Inc, a Washington-based developer of management software, in a leveraged buyout transaction.

FAME Facility Software | Ameresco Inc

Ameresco Inc acquired FAME Facility Software Solutions Inc, a developer of management software. Terms were not disclosed.

Thing Daemon Inc | Apple Inc

Apple Inc was rumored to be planning to acquire Thing Daemon Inc, a New York-based provider of e-commerce services.

VaraLogix Inc | BMC Software Inc

BMC Software Inc acquired VaraLogix Inc, a developer of application release automation solutions software.

Cloud Nine Media | Boingo Wireless Inc

Boingo Wireless Inc acquired Cloud Nine Media, a San Francisco provider of wireless internet services.

Adaption Technologies Ventures | BroadSoft Inc

BroadSoft Inc acquired Adaption Technologies Ventures Ltd, a Spring-based developer of hosted business VoIP solutions software. Terms were not disclosed.

Cardiocore Lab Inc | CardioNet Inc

CardioNet Inc definitively agreed to acquire the entire share capital of Cardiocore Lab Inc, a Bethesda-based provider of scientific consulting, provision, and data management services, for $23.5 million.

ATM Network-Assets | Cardtronics USA Inc

Cardtronics USA Inc, a unit of Cardtronics Inc, acquired the assets of ATM Network, a Minnetonka, Minn.-based provider of Automated Teller Machine services.

AllianceCare | CareSouth Homecare

CareSouth Homecare Professionals, a unit of Capitol Partners LLC, acquired AllianceCare, a provider of healthcare, medical, physician and rehabilitation services.

TCW Group Inc | Carlyle Group LP

Carlyle Group LP planned to acquire TCW Group Inc, a Los Angeles-based provider of fund management and financial advisory services, and a unit of Societe Generale SA. Terms were not disclosed.

Consona Corp | CDC Software Corp

CDC Software Corp of Hong Kong, a unit of CDC Corp, merged with Consona Corp, an Indianapolis-based provides customer relationship management and enterprise resource planning software and services, from Thoma Bravo LLC and Battery Ventures VI LP, a unit of Battery Ventures LP. On completion, the merged entity was renamed Aptean.

Cardinal Logistics Management | Centerbridge Partners LP

Centerbridge Partners LP acquired Cardinal Logistics Management Inc for an undisclosed price.

Warren Steel Mill,Warren,OH | CJ Betters Real Estate Corp

CJ Betters Real Estate Corp acquired the Warren steel mill from RG Steel LLC, a Sparrows Point-based manufacturer of flat rolled steel, via auction for $17 million. Originally, in May 2012, RG was seeking a buyer for its three steel mills.

Stonewood Insurance Services | Confie Seguros Inc

Confie Seguros Inc acquired Stonewood Insurance Services Inc, a Rancho Cordova-based provider of automobile insurance services. Terms were not disclosed.

New Star Metals Inc | Custom Steel Processing Inc

Custom Steel Processing Inc acquired the US metals and supply division of New Star Metals Inc, a manufacturer of process metals and steels, a unit of Aurora Capital Group's Aurora Resurgence Management Partners LLC subsidiary.

Infoscitex Corp | DCS Corp

DCS Corp agreed to acquire Infoscitex Corp, a Waltham, Mass.-based provider of research and technology services and products.

ACE Rent A Car LLC | Ecologic Transportation Inc

Ecologic Transportation Inc signed a letter of intent to acquire ACE Rent A Car LLC, an Indianapolis- based provider of car rental services.

International Properties Inc | Energy Edge Technologies Corp

Energy Edge Technologies Corp agreed to acquire a 51% interest in International Properties Inc, a Sparta-based real estate investment firm, in exchange for an undisclosed amount in Energy Edge common shares.

American Industrial Plastic | Fenner plc

Fenner PLC of the UK agreed to acquire American Industrial Plastic Inc, a Daytona Beach, Fla.-based manufacturer of precision plastic parts, for $3.8 million.

Cerus Industrial Inc | Franklin Electric Co Inc

Franklin Electric Co Inc acquired Cerus Industrial Inc, a Hillsboro-based manufacturer and wholesaler of HVAC motors, for $25.7 million in cash.

Hamilton Safe | Gunnebo AB

Gunnebo AB of Sweden, agreed to acquire Hamilton Safe, a manufacturer of security products, for $65 million.

InterDent Inc | HIG Capital LLC

HIG Capital LLC acquired InterDent Inc, an Inglewood- based provider of dental care and support services, from Levine Leichtman Capital Partners Inc. Terms were not disclosed.

Campus Labs - Assets | Higher One Inc

Higher One Inc acquired assets of Campus Labs, a Buffalo-based provider of information retrieval services, for $40.14 million. The consideration was to consist of $38.4 million in cash and 0.150 million Higher One Holdings Inc's ordinary shares valued at $11.5 million.

Sparrows Point Steel Mill,MD | Hilco Industrial LLC

Hilco Industrial LLC, a majority-owned unit of Hilco Trading LLC, acquired the Sparrows Point steel mill from RG Steel LLC, a Sparrows Point-based manufacturer of flat rolled steel, via auction. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at an estimated $72 million.

Residence Inn Sacramento | Holiday Garden SN Corp

Holiday Garden SN Corp, a wholly-owned unit of Hotel Holiday Garden of Taiwan, acquire the entire share capital of Residence Inn Sacramento Airport Natomas, a Sacramento-based owner and operator of hotels, from MLCFC 2007-9 West El Camino LP, for $14.1 million.

US Home Systems Inc | Home Depot Inc

Home Depot Inc definitively agreed to acquire the entire share capital of US Home Systems Inc, an Irving-based provider of specialty home improvement products installation services, for $12.5 in cash per share, or a total value of $97.434 million.

Harris Rothenberg | Humana Inc

Humana Inc acquired Harris Rothenberg International Inc, a New York-based provider of human resource services. Terms were not disclosed.

Miami Prevention & Kidney Center | Information Architects Corp

Information Architects Corp planned to acquire Miami Prevention & Kidney Center LLC, an Orlando-based provider of hemodialysis services.

New Star Metals Inc | Insight Equity Holdings LLC

Insight Equity Holdings LLC acquired New Star Metals Inc (New Star), a manufacturer of process metals and steels, from Aurora Resurgence Management Partners LLC, a unit of Aurora Capital Group, in a secondary buyout transaction. Previously, Aurora Capital acquired New Star, in a leveraged buyout transaction.

Argus Information & Advisory | Insurance Services Office Inc

Insurance Services Office Inc, a wholly-owned unit of Verisk Analytics Inc, agreed to acquire the entire share capital of Argus Information & Advisory Services LLC, a provider of information and advisory services, for $425 million in cash.

Todco Mexico Inc | Integradora de Servicios

Integradora de Servicios Petroleros Oro Negro SAPI de CV of Mexico, acquired the entire share capital of Todco Mexico Inc, a Houston-based provider of oil and gas drilling services, from Offshore Drilling Co and Onshore Drilling Co, a unit of Hercules Offshore Inc, for $36 mil. The transaction was to include an undisclosed minority stake in Servicios Todco S de RL de CV.

Knight Capital Group Inc | Investor Group

An investor group, comprised of Jefferies Group Inc, Blackstone Group LP, GETCO LLC, Stephens Investments Holdings LLC, Stifel Financial Corp, and TD Ameritrade Inc, acquired a 73. 084% interest, or 0.4 million preferred shares convertible into 666.667 common shares, in Knight Capital Group Inc, a Jersey City-based provider of brokerage services, for $400 million in cash.

San Diego Padres | Investor Group

An investor group, led by Ron Fowler, including nephews and children of former Dodgers owner Peter O'Malley, agreed to acquire the San Diego Padres from John Moores and other shareholders, for $800 million and 21% stake in Fox Sports San Diego. Originally, the Padres announced in April that it was seeking a buyer.

American Residential | Investor Group

An investor group, comprised of Stockbridge Capital Group, and Yes Communities, acquired 42 housing communities, located in Iowa, Illinois, of American Residential Communities LLC. The transaction included manufactured housing communities in North Carolina, North Dakota, Nebraska, Oklahoma and South Carolina.

TCW Group Inc | Investor Group

An investor group comprised of Carlyle Group LP (CG) and the management of TCW Group Inc (TCW), definitively agreed to acquire TCW, a Los Angeles provider of fund management and financial advisory services, from Societe Generale SA (SG), in a leveraged buyout transaction. Terms were not disclosed.

Adult Cabaret Portfolio (9) | Rick's Cabaret International Inc

Rick's agreed to acquire a portfolio of 9 adult night clubs, for $26 million, from Bryan S Foster. The consideration was to consist of $4 million in cash and $22 million in promissory notes. The transaction was to include 2 adult clubs under development.

Industrial Insulation Group | Johns Manville Corp

Johns Manville Corp, a wholly owned unit of Berkshire Hathaway Inc acquired the remaining undisclosed interest in Industrial Insulation Group LLC, a Brunswick-based manufacturer of insulation products, from Calsilite Group and Johns. Terms were not disclosed.

Wilton Campus Shops | Kimco Realty Corp

US Kimco Realty Corp acquired Wilton Campus Shops, a Wilton- based owner and operator of shopping center, from Kleban Properties, for $39.7 million. The consideration consisted of $18.8 million and $mil in debt.

Tennessee Gas Pipeline Co LLC | Kinder Morgan Energy Partners

Kinder Morgan Energy Partners LP planned to acquire the entire share capital of Tennessee Gas Pipeline Co LLC, a Houston- based owner and operator of natural gas pipeline, from Kinder Morgan Inc, for an estimated $6.22 billion. The consideration was to consist of $3.86 billion, the assumption of $1.8 billion in liabilities and $560 million in debt. The transaction was to include a 50% interest of El Paso Natural Gas Pipeline.

Atmos Energy Corp - Natural Gas | Liberty Energy (Georgia) Corp

Liberty Energy Corp, a unit of Algonquin Power & Utilities Corp, definitively agreed to acquire the natural gas distribution utility assets, located in Georgia, of Atmos Energy Corp, a Dallas provider of natural gas distribution services, for $141 mil.

True Temper Sports Inc | Lincolnshire Management Inc

Lincolnshire Management Inc acquired True Temper Sports Inc, a Memphis, Tenn.-based manufacturer of golf club shafts, in a leveraged buyout transaction.

TASS Inc | LMI Aerospace Inc

LMI Aerospace Inc acquired TASS Inc, a Kirkland, Wash.-based provider of engineering services.

CrossGlobe Transport Ltd | Logistec USA Inc

Logistec USA Inc, a wholly owned unit of Logistec Corp acquired the entire share capital of CrossGlobe Transport Ltd, a Newport News- based provider of port logistics services, for an estimated $16 million.

Hexa-2 Corp | MediaG3 Inc

MediaG3 Inc acquired Hexa-2 Corp, a Los Angeles provider of virtual meeting services, for $70 million in common stock.

Strategic Healthcare Group LLC | Mediware Information Systems

Mediware Information Systems Inc planned to acquire Strategic Healthcare Group LLC, an Indianapolis provider of blood management consulting services.

Lone Wolf Inc | Mimvi Inc

Mimvi Inc definitively agreed to acquire the entire share capital of Lone Wolf Inc, a Los Angeles-based developer of social application software, in exchange for 3.8 million Mimvi's common shares valued at $0.456 mil. The shares were valued based in Mimvi's closing stock proce of $0.12 on 06 August 2012, the last full trading day prior to the announcement.

Howmark Mobile LLC | MOKO.Mobi Ltd

Moko.Mobi Ltd of Australia agreed to acquire Howmark Mobile LLC, a Somerset-based provider of ecommerce information services, for $5.024 million. The consideration was to consist of $1 million in cash, up to $3.8 million in profit- related payments and 4 million Moko ordinary shares valued at $0.224 mil. The shares were valued based on Moko's closing stock price of $0. 056 on Aug. 9, the last full trading day prior to the announcement.

Robbins & Myers Inc | National Oilwell Varco Inc

National Oilwell Varco Inc agreed to acquire the entire share capital of Robbins & Myers Inc, a Dayton, Ohio-based manufacturer and wholesaler of engineered equipment and systems, for $60 in cash per share, or a total value of $2.555 billion, from MHM & Co Ltd (10%) and other shareholders (90%).

AtLast Fulfillment Inc | Newgistics Inc

Newgistics Inc, a unit of Austin Ventures LP, acquired AtLast Fulfillment Inc, a provider of e-commerce fulfillment and warehousing services.

Stanton Carpet Corp | Norwest Equity Partners

Norwest Equity Partners acquire an undisclosed majority interest in Stanton Carpet Corp, a Syosset-based manufacturer and wholesaler of carpet, in a leveraged buyout transaction.

Servigistics Inc | Parametric Technology Corp

Parametric Technology Corp definitively agreed to acquire the entire share capital of Servigistics Inc, an Atlanta-based developer of service lifecycle management software, from Marlin Equity Partners LLC, for an estimated $220 million in cash.

Rosetta Resources-Lobo & Olmos | Petropoint Energy Partners LP

Pinpoint Energy Partners LP, a majority owned unit of American Infrastructure MLP Fund acquired the Lobo & Olmos Properties, located in South Texas of Rosetta Resources Operating LP, a Houston an oil and gas exploration and production company and a wholly owned unit of Rosetta Resources Inc, for $95 mil.

Clipper Windpower LLC | Platinum Equity LLC

Platinum Equity LLC acquired Clipper Windpower LLC, a manufacturer of wind turbines, from United Technologies Corp in a leveraged buyout transaction. Terms were not disclosed.

Utilities Analyses Inc | Procurian Inc

Procurian Inc, a wholly owned unit of ICG Group Inc acquired Utilities Analyses Inc, an Atlanta-based provider of energy management services. Terms were not disclosed.

Revolution Inc | Prophet Inc

Prophet Inc acquired Revolution Inc, an Atlanta provider of marketing consulting services.

Exelon-Maryland Clean Coal | Raven Power Holdings LLC

Raven Power Holdings LLC agreed to acquire Maryland Clean Coal, three coal-fired power plants, from Exelon Corp for $400 million in cash.

BGA LLC | RCM Technologies Inc

RCM Technologies Inc acquired BGA LLC, an Oakland, N.J.-based provider of engineering services.

K-Flow Water Transferring LP | RCW Energy Services LLC

RCW Energy Services LLC acquired K-Flow Water Transferring LP, a Kilgore, Texas-based provider of water transferring services.

nQueue Billback LLC | Reckon Ltd

Reckon Ltd of Australia agreed to acquire the remaining 26% stake, which it did not already own, in nQueue Billback LLC, a software development company, from nQueue Inc. Concurrently, Reckon agreed to acquire the remaining 25% stake, which it did not already own, in nQueue Billback UK. The two transactions were to have a combined value of an estimated $5.283 mil.

Best Buy Co Inc | Richard Schulze

Richard Schulze, planned to launch an unsolicited tender offer to acquire the remaining 79.857% interest, or 273.221 million common shares, which it did not already own, in Best Buy Co for $26 in cash per share, or a total value of $7.104 billion.

Edifice - Assets | SPS Commerce Inc

SPS Commerce Inc acquired assets of Edifice Information Management Inc, a Parsippany-based provider of information retrieval services, for $37.8 million. The consideration was to consist of $26.3 million in cash and 347,852 SPS Commerce's ordinary shares valued at $11.5 million. The shares were valued based on SPS Commerce's closing stock price of $33.06 on Aug. 3, the last full trading day prior to the announcement.

Ivor Wighams European Rally | Strategic Capital Advisors Inc

Strategic Capital Advisors Inc acquired Ivor Wighams European Rally School & Motorsport Park, a Starke-based provider of advanced automobile education services. Upon completion, Ivor Wighams was renamed to The Florida International Rally & Motorsport Park. Terms were not disclosed.

Emcore Corp - Photovoltaic Asset | Suncore Photovoltaic Tech Co

Suncore Photovoltaic Technology Co Ltd of China, a majority-owned unit of Sanan Optoelectronics Co Ltd, agreed to acquire the Photovoltaic Assets of Emcore Corp, a manufacturer of semiconductors, from EMCORE Corp, in the formation of a joint venture.

Globalease Corp | Tactical Air Defense Svcs Inc

Tactical Air Defense Services Inc signed a letter of intent to acquire the entire share capital of Globalease Corp, a US-based military aircraft holding company, in exchange for 1.25 million Series C Preferred stock of Tactical Air.

Symphony Teleca-Telecommun Bus | Tangoe Inc

Tangoe Inc acquired the telecommunications expense management business of Symphony Teleca Corp, a Palo Alto-based provider of software engineering services, for an estimated $45 mil. The consideration consisted of $41 million in cash and up to $4 million in profit- related payments.

Bleacher Report Inc | Turner Broadcasting System Inc

Turner Broadcasting System Inc, a majority-owned unit of Time Warner Inc, acquired Bleacher Report Inc, an online sports-news provider, for $175 million. Originally, in May 2012, Turner was rumored to be planning to acquire San Francisco-based Bleacher.

A123 Systems Inc | Wanxiang Group Corp

Chinese state-owned Wanxiang Group Corp signed a Memorandum of Understanding to acquire an 80% interest, or $200 million Senior Secured Notes convertible into common shares and warrants in, A123 Systems Inc, a Waltham-based manufacturer and wholesaler of rechargeable lithium-ion batteries and battery systems, for $450 mil.

Electrical Specialty Products | Winchester Electronics Corp

Winchester Electronics Corp, a unit of Audax Group LP, acquired Electrical Specialty Products Inc, a manufacturer of wire harness and cables.

CarterEnergy Corp | World Fuel Services Inc

World Fuel Services Inc, a wholly-owned unit of World Fuel Services Corp, definitively agreed to acquire petroleum products wholesaler CarterEnergy Corp.

 

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