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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: Billtrust, Carousel Capital, Weld North

Billtrust Buys Best Practice; Carousel Picks Up Express Oil Change; and Weld North acquires Organic Avenue

Target Name | Acquirer               

AllDigital Holdings Inc | Alta Acquisition Corp      

Alta Acquisition Corp, a wholly-owned unit of Broadcast International Inc (Broadcast), agreed to merge with AllDigital Holdings Inc, an Irvine-based retailer of automotive accessories, in exchange for Broadcast common shares.

New Albertsons Inc | AB Acquisition LLC              

AB Acquisition LLC (AB), a special purpose acquisition vehicle formed by an investor group led by Cerberus Capital Management LP and including Kimco Realty Corp, Klaff Realty LP, Lubert-Adler Partners Real Estate Funds and Schottenstein Real Estate Group LLC, definitively agreed to acquire New Albertsons Inc (New), a Boise- based owner and operator of supermarkets and drug stores, from SuperValu Inc, for $ 3. 3 bil, in a leveraged buyout transaction. The consideration was to consist of $ 100 mil in cash and the assumption of $ 3.2 bil in liabilities. On completion, New was to be merged with AB's Albertsons LLC unit. Concurrently, SuperValu planned to launch a tender offer to acquire 30% stake, or 60.054 mil shares, in Supervalu.

Adura Technologies Inc | Acuity Brands Inc         

Acuity Brands Inc acquired Adura Technologies Inc, a San Francisco-based developer of wireless controls and energy management solutions. Terms were not disclosed.

TABrewer Consulting Inc | Argus Media Inc        

Argus Media Inc acquired TABrewer Consulting Inc, a Houston-based provider of consulting services.

TractManager Inc | Arsenal Capital Partners LP 

Arsenal Capital Partners LP acquired an undisclosed majority interest in TractManager Inc, a Chattanooga-based provider of contract management services, in a leveraged buyout transaction.

Epocrates Inc | athenahealth Inc             

athenahealth Inc definitively agreed to acquire the entire share capital of Epocrates Inc, a San Mateo-based provider of medical information retrieval services, for $ 11.75 in cash per share, or a total value of $ 301.85 mil.

Masco Framing Corp | Atlas Holdings LLC             

Atlas Holdings LLC acquired Masco Framing Corp, a Chandler-based manufacturer and wholesaler of frame-panel and truss products, from Masco Corp, in a leveraged buyout transaction.

Tresys Technology LLC | Behrman Capital LP       

Behrman Capital LP acquired Tresys Technology LLC, a Columbia-based developer of security software. Terms were not disclosed.

Best Practice Systems Inc | Billtrust        

Billtrust merged with Best Practice Systems Inc, an Englewood-based provider of outsourced billing services.

Zacharon Pharmaceuticals Inc | BioMarin Pharmaceutical Inc

BioMarin Pharmaceutical Inc acquired the entire share capital of Zacharon Pharmaceuticals Inc, a San Diego-based biotechnology company, for $ 10 mil. The transaction consisted of $ 10 mil and an undisclosed amount in profit related payments.

Southwest Heat Treat Services | Bluewater Thermal Solutions  

Bluewater Thermal Solutions LLC (Bluewater) acquired Southwest Heat Treat Services LLC, a Houston-based provides heat treating services. Concurrently, Bluewater acquired Texas Energy Laboratories Inc.

Texas Energy Laboratories Inc | Bluewater Thermal Solutions    

Bluewater Thermal Solutions LLC (Bluewater) acquired Texas Energy Laboratories Inc, a Houston- based provider of metallurgical and mechanical testing services. Concurrently, Bluewater acquired Southwest Heat Treat Services LLC.

Express Oil Change LLC | Carousel Capital Partners LP    

Carousel Capital Partners acquired Express Oil Change LLC, a Birmingham- based provider of auto repair services.

CoAdvantage Corp | Compass Investment Partners       

Compass Investment Partners Fund LP acquired CoAdvantage Corp, an Orlando- based provider of human resource outsourcing services, from Madison Capital Partners, in a leveraged buyout transaction.

Crestwood Marcellus Midstream | Crestwood Midstream Partners        

Crestwood Midstream Partners LP (Midstream) acquired the remaining 65% interest, which it did not already own in Crestwood Marcellus Midstream LLC, a Houston-based provider of natural gas processing services, from its joint venture partner, Crestwood Holdings Partners LLC, for $ 276.65 mil. The consideration was to consist of $ 129 mil in cash and the issuance of 6.2 mil new Class D units valued at $ 147.56 mil. The units were valued based on Midstream's closing stock price of $ 23. 08 on 07 January 2013, the last full trading day prior to the announcement.

Name.com LLC | Demand Media Inc      

Demand Media Inc acquired Name.com LLC, a Denver-based provider of domain registration services.

Clearwire Corp | DISH Network Corp     

DISH Network Corp planned to launch an unsolicited challenging tender offer to acquire the entire share capital of Clearwire Corp, a Bellevue- based provider of wireless high-speed internet services, from Sprint Nextel Corp (Sprint), for $ 3.33 in cash per Class A and Class B common share, or a total value of $ 4.834 bil. The offer was conditioned upon at least 25% of Clearwire's shares being tendered. Previously, Sprint definitively agreed to acquire the remaining 49.554% stake, which it did not already own, in Clearwire.

EnergySolutions Inc | Energy Capital Partners II LLC         

Energy Capital Partners II LLC, a unit of Energy Capital Partners, through its wholly-owned subsidiary, definitively agreed to acquire the entire share capital of EnergySolutions Inc, a Salt Lake City-based provider of nuclear disposal services, for $ 3.75 in cash per share, or a total value of $ 338.487 mil, in a leveraged buyout transaction.

Pantheon Inc | Epic Pantheon International       

Epic Shipping Holdings Ltd of Singapore, merged with Pantheon Inc, a provider of petrochemical shipping services. On completion, the merged entity was named Epic Pantheon International Gas Shipping Ltd.

TTI/Vanguard | Euromoney Institutional Invest

Euromoney Institutional Investor PLC acquired a 87% interest in TTI/Vanguard, a Santa Monica-based provider of conference services., for $ 8 mil.

Guardian Healthcare Inc | Evolution Health LLC 

Evolution Health LLC, a wholly owned unit of Clayton, Dubilier & Rice LLC's Emergency Medical Services Corp subsidiary acquired Guardian Healthcare Holdings Inc, a Mckinney-based provider of skilled nursing and therapy services.

Pierce Pump Co LP | FCX Performance Inc           

FCX Performance Inc, a majority-owned unit of Harvest Partners LP, acquired Pierce Pump Co LP, a Dallas- based wholesaler of pumps and compressors.

EP2M LLC | Five Point Partners LLC         

Five Point Partners LLC acquired EP2M LLC, a Flanders- based provider of advisory and consulting services.

Bentrani Watches LLC | Fossil Inc             

Fossil Inc acquired Bentrani Watches LLC, a Doral- based wholesaler of watches.

Yonkers Industries Inc | Foster Wheeler AG       

Foster Wheeler AG of Switzerland acquired Yonkers Industries Inc, a Cary-based provider of construction and management services.

Salter Group LLC | FTI Consulting Inc      

FTI Consulting Inc acquired Salter Group LLC, a Los Angeles-based provider of financial and strategic advisory services.

Intelimedix | Health Intelligence Co LLC

Health Intelligence Co LLC acquired Intelimedix, a Tampa-based provider of business intelligence and healthcare analytics. Terms were not disclosed.

Ovation Payroll Inc | Heartland Payment Systems Inc

Heartland Payment Systems Inc acquired Ovation Payroll Inc, a Rochester- based provider of payroll processing services.

NRK | Hexagon AB         

Hexagon AB of Switzerland acquired New River Kinematics Inc (NRK), a Williamsburg-based developer of metrology software.

The CE White Co | Hickory Springs Manufacturing            

Hickory Springs Manufacturing Co acquired The CE White Co, a New Washington- based manufacturer of motor vehicle seats.

Codebench Inc | HID Global Corp            

HID Global Corp, a wholly-owned subsidiary of Assa Abloy AB, acquired Codebench Inc, a Coconut Creek-based software provider for physical security applications. Terms were not disclosed.

Benefit Concepts Inc | Hub International Ltd      

Hub International Ltd acquired Benefits Concepts Inc, a Shreveport-based employee benefits brokerage firm. Terms were not disclosed.

Intercare Insurance Solutions | Hub International Ltd    

Hub International Ltd acquired Intercare Insurance Solutions Inc, a San Diego- based insurance company. Terms were not disclosed.

Tutor.com Inc | IAC/InterActiveCorp     

IAC/InterActiveCorp acquired Tutor.com Inc, a New York-based provider of online tutoring services.

Verinata Health Inc | Illumina Inc             

Illumina Inc definitively agreed to acquire Verinata Health Inc, a Redwood City-based provider of medical research services, for $ 450 mil. The consideration was to consist of $ 350 mil in cash and up to 100 mil in profit related payments.

Giftango Corp | InComm             

InComm Inc, a unit of Millennium Prime Inc's InComm Holdings Inc subsidiary, acquired Giftango Corp, a Portland-based retailer of digital gift solutions.

Gelbwaks Insurance Services | Individual Commercial   

Individual Commercial Brokerage Inc merged with Gelbwaks Insurance Services, a Plantation-based insurance company.

Kopin Corp-III-V Assets | IQE     

International Quantum Epitaxy PLC {IQE} agreed to acquire the III-V assets of Kopin Corp, a Taunton-based manufacturer of semiconductors, for $ 75 mil in cash. The transaction was to include KTC Wireless LLC and the II-V leased manufacturing facility of Kopin Corp.

Chromalox Inc | Irving Place Capital Inc 

Irving Place Capital Inc acquired Chromalox Inc, a Pittsburgh-based manufacturer of electric heaters, from Sentinel Capital Partners, in a leveraged buyout transaction. Previously, Sentinel Capital Partners acquired Chromalox Inc from CCMP Capital Advisors LLC, a wholly-owned unit of JPMorgan Chase & Co's majority-owned JP Morgan Partners LLC subsidiary.

Pacific Interpreters Inc | Language Line Svcs Hldg Inc      

Language Line Services Holdings Inc, a unit of ABRY Partners LLC's Language Line Holdings LLC, acquired Pacific Interpreters Inc, a Dallas-based provider of interpretation, translation, and consulting services, from Sterling Partners. Terms were not disclosed.

Rhopac Fabricated Products Co | LCP     

Lazarus Capital Partners{LCP} acquired an undisclosed majority interest in Rhopac Fabricated Products Co, a Libertyville-based manufacturer of non-metallic tight tolerance parts.

Gasko Fabricated Products Co | LCP       

Lazarus Capital Partners{LCP} acquired an undisclosed majority interest in Gasko Fabricated Products Co, a Medina-based manufacturer of non-metallic die cut parts.

Wereldhave NV-US Portfolio | Lone Star Funds

Lone Star Funds acquired the US portfolio of Wereldhave NV, a The Hague- based real estate investment firm, for $ 720 mil, in a leveraged buyout transaction.

Eagle Pure Water Systems Inc | Mar Cor Purification Inc               

Mar Cor Purification Inc, a majority-owned unit of Cantel Medical Corp, acquired Eagle Pure Water Systems Inc, a Souderton -based manufacturer of water treatment equipment.

McGraw Wentworth Inc | Marsh & McLennan Agency LLC

Marsh & McLennan Agency LLC, a unit of Marsh & McLennan Cos Inc's Marsh Inc, acquired McGraw Wentworth Inc, a Troy-based provider of employee group benefits consulting services. Terms were not disclosed.

All-State Belting Co | Marubeni Corp     

Marubeni Corp of Japan acquired an 80.1% interest in All-State Belting Co, a West Des Moines-based manufacturer and wholesaler of conveyor belts.

MediaWhiz Holdings LLC | Matomy Media Group            

Matomy Media Group of Israel acquired MediaWhiz Holdings LLC, a New York- based provider of online marketing and consulting services, from Lake Capital Partners LP.

Farrell Kramer Communications | MBS Value Partners LLC           

MBS Value Partners LLC merged with Farrell Kramer Communications LLC, a Cluster- based provider of public relation services.

City Securities Insurance LLC | McCormick-Metsker Agency LLC McCormick-Metsker Agency LLC merged with City Securities Insurance LLC, an Indianapolis-based insurance agency.

TMG Custom Media | McMurry/TMG LLC           

McMurry Inc merged with TMG Custom Media, a Washington-based provider of content marketing services. Terms were not disclosed. Upon completion, the merged entity was to be named McMurry/TMG LLC.

Mar West Real Estate Inc | Merit Property Management Co

Merit Property Management Co, a wholly owned unit of FirstService Corp's FirstService Residential Management Inc subsidiary acquired Mar West Real Estate Inc, a Tustin-based provider of real estate management services. Terms were not disclosed.

Daily Equipment Co | Mitsubishi Heavy Industries           

Mitsubishi Heavy Industries Ltd of Japan acquired Daily Equipment Co, a Pearl-based manufacturer and wholesaler of lift trucks.

Airline Career Academy | Pan Am International Flight    

Pan Am International Flight Academy, a wholly- owned subsidiary of JW Childs Associates LP, acquired Airline Career Academy, a Kissimmee-based owner and operator of pilot training schools. Terms were not disclosed.

South Shore Hospital | Partners HealthCare Systems     

Partners HealthCare Systems Inc (Partners HealthCare) planned to merge with South Shore Hospital (South Shore), a South Weymouth-based owner and operator of hospitals. Originally, in Partners HealthCare was rumored to be planning to merge with South Shore.

Pacific Distribution Services | Port Logistics Group           

Port Logistics Group acquired - Pacific Distribution Services LLC, a Sumner-based provider of provides warehousing, distribution, transportation, and logistics services.

AirFlyte Inc | Rectrix Commercial Aviation           

Rectrix Commercial Aviation Services acquired AirFlyte Inc, a Westfield- based provider of aviation services, for an undisclosed amount in cash.

Knovel Corp | Reed Elsevier Inc

Reed Elsevier Inc, a unit of Reed Elsevier NV and Reed Elsevier PLC's Reed Elsevier Group PLC joint venture unit, acquired Knovel Corp, a New York-based provider of Internet search engine services. Terms were not disclosed.

PKMJ Technical Services Inc | Rolls-Royce Holdings PLC 

Rolls-Royce Holdings PLC of the UK acquired PKMJ Technical Services Inc, a Moon Township-based provider of engineering and software solutions services.

Fire Research Corp | ROM Corp

ROM Corp, a unit of Century Park Capital Partners Inc, acquired Fire Research Corp, a Nesconset-based manufacturer of safety equipment and supplies. Terms were not disclosed.

(m)PHASIZE | Sapient Corp        

Sapient Corp acquired (m) PHASIZE, a Westport-based provider of marketing consulting services.

Herguth Laboratories Inc | SGS SA          

SGS SA (SGS) of Switzerland acquired Herguth Laboratories Inc, a Vallejo- based provider of lubrication analysis services. Concurrently, SGS acquired E&S Engineering Solutions Inc.

E&S Engineering Solutions Inc | SGS SA 

SGS SA (SGS) of Switzerland acquired E&S Engineering Solutions Inc, a Tucson-based provider of process engineering services. Concurrently, SGS acquired E&S Engineering Solutions Inc.

ThisLife | Shutterfly Inc

Shutterfly Inc acquired ThisLife, a Palo Alto-based provider of photo and video organizing, storing, and sharing services.

EFactor Corp | Standard Drilling Inc         

Standard Drilling Inc (Standard) definitively agreed to merge with EFactor Corp, a New York-based provider of social media network services, in exchange for 66.541 mil Standard common shares valued at $ 0. 012 mil and 2.411 mil preferred shares, in a reverse takeover transaction. The shares were valued based on Starndard's closing stock price of $ 0.002 on January 7, the last full trading day prior to the announcement.

Spartan College of Aeronautics | Sterling Partners           

Sterling Partners acquired Spartan College of Aeronautics & Technology, a Tulsa-based owner and operator of aviation- maintenance school for training pilots, aviation technicians and nondestructive testing (NDT) professionals. Terms were not disclosed.

Plattform Advertising Inc | Sterling Partners       

Sterling Partners acquired Plattform Advertising Inc, a Lenexa- based provider of marketing and communications services, from Ad-Venture Interactive Inc. Terms were not disclosed.

Bear Tracker Energy LLC | Summit Midstream Partners LLC

Summit Midstream Partners LLC, a wholly-owned unit of Energy Capital Partners, agreed to acquire the entire share capital of Bear Tracker Energy LLC, a Denver-based midstream energy company, from GSO Capital Partners LP, a unit of Blackstone Group LP, for $ 513 mil, in a leveraged buyout transaction.

Dutch LLC | TA Associates Inc    

TA Associates Inc acquired a 60% stake in Dutch LLC, a Vernon-based owner and operator of clothing stores, in a privately negotiated transaction. Terms were not disclosed.

American Fast Freight Inc | The Resolute Fund II LP        

The Resolute Fund II LP, a majority-owned unit of The Jordan Co LP, acquired American Fast Freight Inc, a Fife-based provider of logistics services, in a leveraged buyout transaction. Terms were not disclosed.

Southway Crane & Rigging Co | TNT Crane & Rigging Inc

TNT Crane & Rigging Inc, a majority owned unit of Odyssey Investment Partners LLC acquired Southway Crane & Rigging Co, an Atlanta, Georgia provides crane rental services.

Andre Assous Co | Vida Shoes International Inc

Vida Shoes International Inc acquired Andre Assous Co, an Oceanside-based manufacturer and wholesaler of shoes. Terms were not disclosed.

Black Rock Cable Inc | WaveDivision Holdings LLC             

WaveDivision Holdings LLC, a unit of Sandler Capital Management, acquired Black Rock Cable Inc, a Bellingham-based provider of telecommunications services, for $ 50 mil.

Organic Avenue | Weld North Holdings LLC          

Weld North Holdings LLC raised its interest to 70% from an undisclosed minority stake by acquiring an undisclosed stake, in Organic Avenue, a New York-based producer and retailer of plant-based juice and foods, in a leveraged buyout transaction. Terms were not disclosed.

 

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