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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

Weekly Wrap
Crestview Partners, KPMG, Raith

Crestview buys Victory Capital; KPMG acquires Hackett Group unit; Raith purchases Vistec Lithography

Target | Acquirer            

Associated Payroll Consultants | Advantage Payroll Svcs Inc        

Advantage Payroll Services Inc, a unit of Paychex Inc, merged with Associated Payroll Consultants Inc, a Hauppauge- based provider of payroll services. Terms were not disclosed.

China-Non Performing Loans | Amherst Real Estate Capital         

Amherst Real Estate Capital Inc 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. 1 mil.

Joy Global Inc | Atlas Copco AB 

Atlas Copco AB was rumored to be planning to acquire Joy Global Inc, a Milwaukee-based manufacturer and wholesaler of surface mining machinery.

Harmonic Inc-Cable Access | Aurora Networks Inc           

Aurora Networks Inc agreed to acquire the cable access business of Harmonic Inc, a Sunnyvale-based manufacturer and wholesaler of video products, for $46 million in cash.

Delaware Copy & Repro Center | Avalon Document Services     

Avalon Document Services merged with Delaware Copy & Repro Center, a Buffalo-based provider of printing and copying services.

Norcal Gold | Axiom Management Inc   Axiom Management Inc acquired Norcal Gold, a gold mining company.

SRS Acquisition Corp | Berkshire Partners LLC    

Berkshire Partners LLC was rumored to be in planning to acquire SRS Acquisition Corp, a Mckinney-based wholesaler of roofing products, in a leveraged buyout transaction.

Grandstand Sports,Memorabilia  | Bitzio Inc       

Bitzio Inc signed a letter of intent {LoI} to merge with Grandstand Sports & Memorabilia Inc, a New York- based retailer and manufacturer of memorabilia, for an undisclosed amount in cash, seller notes, Bitzio common stocks, and up to a further performance-based cash earn-outs.

Endeka | Boingo Wireless Inc    

Boingo Wireless Inc agreed to merge with Endeka, a San Diego-based provider of wireless internet services. Terms were not disclosed.

New Direction School | California Parenting Institute     

California Parenting Institute merged with New Direction School, a Manassas- based provider of educational services.

Fairwood Capital-Hilton(5) | Carey Watermark Investors Inc       

Carey Watermark Investors Inc, through its five wholly-owned subsidiaries, acquired five Hilton Worldwide hotels from Fairwood Capital LLC, a Memphis-based real estate investment firm.

Cornerstone Therapeutics Inc | Chiesi Farmaceutici SpA

Chiesi Farmaceutici SpA of Italy planned to acquire the remaining 40.308% stake or 10.658 million common shares, which it did not already own, in Cornerstone Therapeutics Inc, a Cary-based manufacturer and wholesaler of pharmaceutical products, for $6.7 in cash per share, or a total value of an estimated $76.711 mil.

Coldwell Banker Sunstar Realty | Coldwell Banker Schmidt          

US- Coldwell Banker Schmidt Realtors (Coldwell Banker) merged with Coldwell Banker Sunstar Realty Inc, a Port Charlotte-based real estate agency. Concurrently, Coldwell Banker merged with Coldwell Banker Morris Realty Inc.

Coldwell Banker Morris Realty | Coldwell Banker Schmidt            

Coldwell Banker Schmidt Realtors (Coldwell Banker) merged with Coldwell Banker Morris Realty Inc, a Punta Gorda-based real estate agency. Concurrently, Coldwell Banker merged with Coldwell Banker Sunstar Realty Inc.

Family Behavioral Resources | Community Intervention Svcs In

Community Intervention Services Inc, a unit of HIG Capital LLCs HIG Growth Partners LLC subsidiary, acquired Family Behavioral Resources Inc, a Greensburg- based provider of behavioral health services.

First To File Inc | CPA Global Ltd               

CPA Global Ltd acquired First To File Inc, a San Mateo-based provider of patent document management services.

Revel AC Inc | Creditors               

Revel AC Inc (Revel), a Atlantic City-based provides gaming and entertainment services, agreed to a debt restructuring transaction with Creditors (CRs). Upon completion, CRs were to hold an undisclosed majority interest in the restructured Revel. The book value of the existing debt that will be exchanged under the terms of the offer is $1 bil.

Victory Capital Management Inc  | Crestview Partners LP             

Crestview Partners LP, through an undisclosed fund, agreed to acquire Victory Capital Management Inc, a Brooklyn-based provider of investment management services, from KeyCorp, for $246 million.The transaction was to consist of $201 million in cash and $45 million in note, in a leveraged buyout transaction. The transaction was to include Victory Capital Advisers.

Hondo Minerals Inc | Crowncorp Investment Corp          

Crowncorp Investment Corp planned to launch an unsolicited tender offer to acquire the entire share capital of Hondo Minerals Inc (Hondo), a Chloride-based mineral mining company, from Hondo Minerals Corp, for $75 million in cash. The offer was conditioned upon at least a majority of Hondos shares being tendered.

Rattet Pasternak LLP | DelBello Donnellan Weingarten  

DelBello Donnellan Weingarten Wise & Wiederkehr LLP merged with Rattet Pasternak LLP, a Harrisson- based law firm.

Goodman Ball Inc | Dewey Electronics Corp

Dewey Electronics Corp agreed to acquire certain assets of Goodman Ball Inc, a Menlo Park-based manufacturer of spare military equipment. Terms were not disclosed.

Benefit Services & Design Inc | Digital Insurance Inc        

Digital Insurance Inc, a unit of Fidelity National Financial Inc, acquired Benefits Services & Design Inc, a Sanford-based provider of insurance and consulting services.

Group Brokerage Insurance | Digital Insurance Inc          

Digital Insurance Inc, a subsidiary of Fidelity National Financial Inc, acquired Group Brokerage Insurance Agency, a Cambridge- based insurance agency. Terms were not disclosed.

Hi-Mar Specialty Chemicals LLC | Elementis Specialties Inc           

Elementis Specialties Inc, a unit of Elementis PLC, acquired Hi-Mar Specialty Chemicals LLC, a Milwaukee- based manufacturer and wholesaler of chemical products, for $33 million in cash.

Altior Inc | EXAR Corp   

Exar Corp agreed to acquire Altior Inc, an Eatontown-based manufacturer of data storage products, for $5 million in cash and common shares, and an undisclosed amount contingent upon net revenue within 3 years.

Financial Svc Standards LLC | Fi360          

Fi360 acquired Financial Service Standards LLC, a Pittsburg-based provider of retirement plan advisor and management resource training services.

China-Non Performing Loans | Flushing 37 Ave Realty LLC            

Flushing 37 Ave Realty LLC 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 $6. 6 mil.

Benefit Solutions Group LLC | Heffernan Insurance Brokers        

Heffernan Insurance Brokers acquired Benefit Solutions Group LLC, a Chesterfield provider of employee benefit and insurance services.

Maddox Practice Group  | Henry Schein Inc        

Henry Schein Inc acquired Maddox Practice Group, a Newport Beach-based provider of dental practice brokerage services.

Mirachem LLC | Heritage-Crystal Clean Inc          

Heritage-Crystal Clean Inc acquired an undisclosed majority interest in Mirachem LLC, a Phoenix-based manufacturer and wholesaler of water-based cleaning products, for an estimated $3.3 million.The consideration consisted of an estimated $2.5 million plus and estimated $0.8 million in notes.

Hycor Biomedical-Urinalysis | Hycor Biomedical Inc SPV

Hycor Biomedical Inc SPV, a special purpose acquisition vehicle formed by One Rock Capital Partners LLC, Laurel Crown Partners LLC and StoneCreek Capital Inc acquired the urinalysis business of Hycor Biomedical Inc, an Indianapolis-based manufacturer and wholesaler of diagnostic products, in a leveraged buyout product.

HITS Consulting Group LLC | iMedicor Inc             

iMedicor Inc (iMedicor) acquired HITS Consulting Group LLC, a New York-based provider of information technology services. Concurrently, iMedicor acquired ClariDIS Corp.

ClariDIS Corp | iMedicor Inc        

iMedicor Inc (iMedicor) acquired ClariDIS Corp, an East Sandwich-based provider of medical data processing services. Concurrently, iMedicor acquired HITS Consulting Group LLC.

layerONE Media-Mailing Bus | Immediate Mailing Services Inc  

Immediate Mailing Services Inc acquired the mailing business and equipment assets of layerONE Media LLC, a Rochester-based provider of disc duplication services, and a unit of D4 LLC.

Matrix Telecom Inc | Impact Telecom Inc             

Impact Telecom Inc (Impact Telecom) definitively agreed to acquire the entire share capital of Matrix Telecom Inc, an Irving-based provider of integrated telecommunications services, from Platinum Equity LLC. Terms were not disclosed. The transaction was to include AmericaTel Corp.

Hackett Group Inc-Oracle | KPMG LLP   

KPMG LLP, a unit of KPMG International, agreed to acquire the Oracle Enterprise Resource Planning Practice of Hackett Group Inc, a Miami- based provider of business advisory, operations consulting and finance strategy firm services. Terms were not disclosed.

Northwest Beacon Grp-Cert Asts | LifeSolutions              

LifeSolutions, a unit of UPMC WorkPartners, acquired certain assets of Northwest Beacon Group LLC, an Erie- based provider of Employee Assistance Program (EAP) services.

Berry Petroleum Co | Linn Co LLC            

Linn Co LLC (LinnCo), a unit of LINN Energy LLC, definitively agreed to acquire the entire share capital of Berry Petroleum Co (Berry), a Denver-based oil and gas exploration and production company, in a stock swap transaction valued at an estimated $2.536 bil, including the assumption of an undisclosed amount in liabilities. LinnCo offered 1. 25 shares per Berry share. Based on LinnCo's closing stock price of $36.99 on 20 Feb 2013, the last full trading day prior to the announcement, each Berry share was valued at $46. 238.

MontaVista Software LLC-Assets | Mentor Graphics Corp            

Mentor Graphics Corp acquired certain assets from MontaVista Software LLC, a Santa Clara-based developer of web-based commercial-grade Linux platforms software. Terms were not disclosed.

Metaresolver | Millennial Media Inc      

Millennial Media Inc definitively agreed to acquire Metaresolver, a San Francisco-based provider of mobile advertising services.

Awrey Bakeries Inc | Minnie Marie Bakers Inc   

Minnie Marie Bakers Inc acquired Awrey Bakeries Inc, a Livonia-based producer of bakery products, from Hilco Equity Management LLC.

ECECU | MSU Federal Credit Union        

Michigan State University Federal Credit Union planned to merge with Eaton County Educational Credit Union, a Charlotte- based federal credit union.

Sci-Cool Inc | Norman Island Advisors LLC            

Norman Island Advisors LLC acquired Sci-Cool Inc, an Asheville-based manufacturer of refrigerated laboratory equipment, from VR Mergers & Acquisitions. Terms were not disclosed.

AVIDwireless | Numerex Corp  

Numerex Corp acquired AVIDwireless, a Bedford-based provider of wireless monitoring services.

OfficeMax Inc | Office Depot Inc             

Office Depot Inc (Office Depot) definitively agreed to acquire to entire share capital of OfficeMax Inc (OfficeMax), a Naperville- based retailer of office products, in a stock swap transaction valued at $1. 181 billion. Office Depot offered 2.69 new common shares per OfficeMax share. Based on Office Depot's closing stock price of $5.02 on 19 February 2013, the last full trading day prior to the announcement, each OfficeMax was valued at $13.504. Originally, Office Depot was rumored to planning to merge with OfficeMax.

The Bridge Inn | Pat Garrett       

Pat Garrett acquired The Bridge Inn, a Pleasantville- based owner and operator of dining inn, from Marsha A. Moser.

Evolute Consolidated Holdings | PipelineRx        

PipelineRx acquired Evolute Consolidated Holdings, a Greenwood Village-based provide of medical management services. Terms were not disclosed.

Eggspress | PTA Holdings Inc     

PTA Holdings Inc acquired Eggspress, a producer of eggs.

Vistec Lithography Inc | Raith GmbH      

Raith GmbH of Germany acquired Vistec Lithography Inc, a Watervliet-based manufacturer of semiconductors, from Golden Gate Capital. Terms were not disclosed.

Hollywood Theaters Inc  | Regal Entertainment Group  

Regal Entertainment Group definitively agreed to acquire the entire share capital of Hollywood Theaters Inc, a Portland-based owner and operator of movie theaters, from Hollywood Theater Holdings Inc, a unit of Wallace Theater Corp II, for $238 million.The consideration was to consist of $191 million in cash and an estimated $47 million in lease obligations, capital leases and certain working capital.

Bernardo Heights Plaza Retail  | Opportunity Invest Corp             

Retail Opportunity Investments Corp (Retail) acquired Bernardo Heights Plaza, a Rancho Bernardo- based owner and operator a 37, 729 square foot shopping center, for $12.4 million.Concurrently, Retail acquired Cypress Center West for $27.6 mil, Redondo Beach Plaza for $30.8 mil, Harbor Place Center for $27.7 mil, Bay Plaza for $21.6 mil, and Diamond Bar Town Center for $27.4 mil.

First Financial Holdings Inc | SCBT Finl Corp,Columbia,SC               

SCBT Financial Corp (SCBT) definitively agreed to merge with First Financial Holdings Inc (FFH), a Charleston-based bank holding company, in a stock swap transaction valued at $302. 357 million.SCBT offered 0.4237 shares per FFH share. Based on SCBT's closing stock price of $43.18 on 19 February 2013, the last full trading day prior to the announcement, each FFH share was valued at $18.295. Upon completion, the merged entity was to be renamed First Financial Holdings Inc.

US Metals Inc | Shareholders    

USCorp planned to spin off its US Metals Inc (USMetals) unit, to its shareholders. USCorp common shareholders were to receive 0.1 USMetals common stock per USCorp share held. Concurrently, USCorp planned to spin off its Southwest Resource Development Inc unit.

Southwest Resource Dvlp Inc | Shareholders     

USCorp planned to spin off its Southwest Resource Development Inc (Southwest) unit, to its shareholders. USCorp common shareholders were to receive 0.1 Southwest common stock per USCorp share held. concurrently, USCorp planned to spin off its US Metals Inc unit.

Illinois Tool Works Inc-Asts | Shareholders          

Illinois Tool Works Inc planned to spin off its industrial packaging segment unit, to its shareholders.

Demand Media Inc-Domain | Shareholders        

Demand Media Inc, a Santa Monica-based provides online media services, planned to spin off its domain registrar business, to its shareholders.

GWC Warranty Corp | Stone Point Capital LLC    

Stone Point Capital LLC, acquired GWC Warranty Corp, a Wilkes-Barre-based provider of vehicle service contracts services, from CIVC Partners LP, a unit of Bank of America Corp, in a leveraged buyout transaction.

Campus2careers Inc | SureScore Inc      

SureScore Inc acquired Campus2careers Inc, an Austin- based provider of ecommerce information services. Terms were not disclosed.

Emanuel Medical Center Inc | Tenet Healthcare Corp    

Tenet Healthcare Corp definitively agreed to acquire Emanuel Medical Center Inc, a Turlock-based owner and operator of an acute care hospital.

York Place | Thompson Child & Family Focus      

Thompson Child & Family Focus agreed to merge with York Place, a provider of social services.

Tucson Tractor Co | Titan Machinery Inc               

Titan Machinery Inc acquired Tucson Tractor Co, a Tucson-based wholesaler of construction equipments.

Dream Dining California LLC | Toridoll Corp          

Toridoll Corp of Japan planned to acquire Dream Dining California LLC, an Irvine-based owner and operator of restaurants. Terms were not disclosed.

NetSpend Holdings Inc | Total System Services Inc          

Total Systems Services Inc definitively agreed to acquire the entire share capital of NetSpend Holdings Inc, an Austin-based provider of debit card services, for $16 in cash per share, or a total value of $1.233 bil.

Metro Fuel Oil Corp | United Refining Energy Corp          

United Refining Energy Corp planned to acquire the bankrupt Metro Fuel Oil Corp (Metro), a New York-based provider of gas transmission services. Originally, in January 2013, Metro announced that it was seeking a buyer for the company.

Information Distn & Mktg Inc | Volaris Group Inc             

Volaris Group Inc, a wholly-owned unit of Constellation Software Inc, acquired Information Distribution & Marketing Inc, a Warner Robins-based developer of internet software.

Ally Bank-Business Lending | Walter Investment Management 

Walter Investment Management Corp definitvely agreed to acquire the Business Lending mortgage operations of a Philadelphia- based Ally Bank, from Ally Financial Inc. Terms were not disclosed.

Corvus Gold Inc-Terra Project | Westmountain Index Advisor Inc             

Westmountain Index Advisors Inc, a unit of West Moutain Purple LLC, signed a Letter of Intent {LoI} to acquire the undisclosed remaining interest, which it did not already own, in the Terra Project of Corvus Gold Inc, a Vancouver-based gold mining company, for $6 million.The consideration was to consist of $6 million in cash plus an undisclosed amount in Westmountain restricted common shares.

Empire Insurance Co | White Mountains Solutions          

White Mountains Solutions Holding Co Inc, a wholly-owned unit of White Mountain Insurance Group Ltd, definitively agreed to acquire Empire Insurance Co, a New York-based insurance agency, from Leucadia National Corp.

WSP OCTG Group Ltd | WSP Holdings Ltd            

WSP Holdings Ltd of China entered into an definitive agreement to merge with WSP OCTG Group Ltd, a manufacturer of seamless OCTG and a unit of HDS Investments LLC, for an estimated $893. 6 mil.

VBT Bicycling & Walking  | Xanterra Parks & Resorts Inc 

Xanterra Parks & Resorts Inc (Xanterra), a majority- owned unit of Anschutz Exploration Corps Anschutz Co subsidiary, acquired VBT Bicycling & Walking Vacations, a Bristol-based travel agency. Concurrently, Xanterra acquired three cruise ships from Seabourn Cruise Line Ltd; and The Grand Hotel.

The Grand Hotel,Tusayan,AZ | Xanterra Parks & Resorts Inc       

Xanterra Parks & Resorts Inc (Xanterra), a majority- owned unit of Anschutz Exploration Corp's Anschutz Co subsidiary, acquired The Grand Hotel, a Tusayan-based owner and operator of a hotel. Concurrently, Xanterra acquired three cruise ships from Seabourn Cruise Line Ltd; and VBT Bicycling & Walking Vacations.

 

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