Target | Acquirer | Value ($millions) | Synopsis |
Cavium Inc | Marvell Technology Group Ltd | 5,863.0 | Marvell Technology Group Ltd of Bermuda definitively agreed to acquire the entire share capital of Cavium Inc, a San Jose-based manufacturer and wholesaler of semiconductors processors, via a stock swap transaction valued at $5.863 billion. The consideration would consist of $40 in cash and 2.1757 Marvell ordinary shares per Cavium share. Based on Marvell's closing stock price of $20.29 on 17 November 2017, the last full trading day prior to the announcement, each Cavium share was valued at $44.145. Upon completion of the deal, Marvell and Cavium will respectively own 75% and 25% of the merged entity. Earlier this month, Marvell was rumored to be planning to merge with Cavium. |
Talos Energy LLC | Stone Energy Corp | 1,212.3 | Stone Energy Corp definitively agreed to merge with Talos Energy LLC, a Houston-based oil and gas exploration and production company, in exchanged for 34.16 million newly-issued Stone common shares valued at $1.212 billion. The shares were valued based on Stone's closing stock price of $35.49 on 20 November 2017, the last full trading day prior to the announcement. Upon completion of the deal, Stone and Talos will respectively own 37% and 63% of the merged entity, which will be known as Talos Energy Inc. |
SeaStar Solutions | Dometic Group AB | 875.0 | Dometic Group AB of Sweden definitively agreed to acquire SeaStar Solutions, a Litchfield-based electronic components manufacturer, from American Securities LLC for $875 million in cash. |
Hd Smith Wholesale Drug Co Inc | AmerisourceBergen Corp | 815.0 | AmerisourceBergen Corp definitively agreed to acquire H.D. Smith Wholesale Drug Co Inc, a Springfield-based drugs wholesaler, for $815 million in cash. |
Care Investment Trust LLC | Mainstreet Health Investments Inc | 395.9 | Mainstreet Health Investments Inc of Canada agreed to acquire Care Investment Trust LLC, a New York City-based lessor of real estate property, for about $395.936 million from Tiptree Financial Inc, ultimately owned by Tiptree Financial Partners LP. |
Atlantic Coast Financial Corp | Ameris Bancorp | 146.7 | Ameris Bancorp definitively agreed to acquire the entire share capital of Atlantic Coast Financial Corp, a Jacksonville-based savings institution, via a stock swap transaction valued at $146.687 million. Ameris offered 0.17 common shares plus $1.39 cash per Atlantic share. Based on Ameris' closing stock price of $47.3 on 16 November 2017, the last full trading day prior to the announcement, each Atlantic share was valued at $8.041. |
Atlas,Issaquah,WA | Kennedy-Wilson Holdings Inc | 135.0 | Kennedy-Wilson Holdings Inc acquired Atlas, a 343-unit apartment community in Issaquah, Washington, for $135 mil. |
Contractors Equipment Center LLC | H&E Equipment Services Inc | 122.4 | H&E Equipment Services Inc definitively agreed to acquire Contractors Equipment Center LLC, a Commerce City-based lessor of machinery and equipment, for around $122.4 mil. |
Rapid Manufacturing Group LLC | Proto Labs Inc | 120.0 | Proto Labs Inc definitively agreed to acquire Rapid Manufacturing Group LLC, a Nashua-based sheet metal works manufacturer, for $120 million. The consideration would consist of $110 million in cash and $10 million in Proto Labs common shares. |
Westmoor Technology Center | Keppel-KBS US REIT | 117.1 | Keppel-KBS US REIT of Singapore acquired Westmoor Technology Center in Westminister for $117.1 million. |
Anchor Drilling Fluids USA LLC | Q'Max America Inc | 84.0 | Q'Max Solutions Inc's unit Q'Max America Inc acquired Anchor Drilling Fluids USA Inc, a Tulsa-based chemical products manufacturer, from Calumet Specialty Products Partners LP for about $84 million. |
Alta Capital Management LLC | Guardian Capital Group Ltd | 55.0 | Guardian Capital Group Ltd of Canada agreed to acquire a 70% stake in Alta Capital Management LLC, a Salt Lake City-based portfolio manager, for $55 million. |
Qvidian Corp | Upland Software Inc | 50.0 | Upland Software Inc acquired Qvidian Corp, a Chelmsford-based software publisher, for $50 million in cash. |
TRx Pharmaceuticals LLC | Cerecor Inc | 34.0 | Cerecor Inc definitively agreed to acquire TRx Pharmaceuticals LLC, a Chapel Hill-based pharmaceutical preparations manufacturer, for $34 million. The consideration would consist of $18.9 million cash, issuance of common shares valued at $8.1 mil, and up to $7 million in profit-related payments. The shares were valued based on Cerecor's closing stock price of $1.1 on 16 November 2017, the last full trading day prior to the announcement. |
Stanley Furniture Co Inc | Churchill Downs LLC | 16.1 | Churchill Downs LLC of Vietnam definitively agreed to acquire the entire share capital of Stanley Furniture Co Inc, a Stanleytown-based manufacturer of non-upholstered wood household furniture, for $16.1 million. The consideration would consist of $11.5 million in cash, $4.6 million in promissory notes, and a 5% equity interest. |
Homemade Harvey Operating LLC | Tianyi Holding Hong Kong Ltd | 5.0 | Tianyun International Holdings Ltd's unit Tianyi Holding Ltd of Hong Kong signed a memorandum of understanding to acquire the 51% stake in Homemade Harvey Operating LLC, a Los Angeles-based manufacturer of canned fruits and vegetables, from Homemade for Life International Inc for $5 million via a stock swap transaction. Tianyi offered a choice of $5 million in cash or $5 million in Tianyun ordinary shares. |
Pressland | 360 Blockchain Inc | 0.3 | 360 Blockchain INC of Canada signed a letter of intent to acquire the 70% interest in Pressland, a provider of business support services, from Chaotic Neutral LLC for $0.26 million or 1 million common shares. The shares were valued based on 360's closing stock price of $.260. Concurrently, 360 was granted an option to acquire the remaining 30% stake it does not already own in Pressland. |
Bridgepoint Consulting LLC | Addison Group LLC | | Addison Group LLC acquired Bridgepoint Consulting LLC, an Austin-based provider of administrative management and general management consulting services. |
BC Technical Inc | Alpha Source Inc | | Baird Capital Partners' unit Alpha Source Inc acquired BC Technical Inc, a West Jordan-based manufacturer of irradiation apparatuses, from MSouth Equity Partners LLC. |
Bay State College | Ambow BSC Inc | | Ambow Education Holding Ltd's unit Ambow BSC Inc of China acquired Bay State College, a private college in Boston, Massachusetts. |
Rand Logistics INC | American Industrial Partners LP | | Via a leveraged buyout transaction, American Industrial Partners Management Co Inc's unit American Industrial Partners LP agreed to acquire the remaining stake it does not already own in Rand Logistics INC, a Jersey City-based provider of deep sea freight transportation services. |
Qdoba Restaurant Corp | Apollo Global Management LLC | | Apollo Global Management LLC plans to acquire Qdoba Restaurant Corp, a Wheat Ridge-based full-service restaurant operator, from Jack in the Box Inc for around $300 million via a leveraged buyout transaction. |
Revere Plastics Systems LLC | Ardian SAS | | Ardian SAS of France plans to acquire Revere Plastics Systems LLC, a Clyde-based plastics products manufacturer, from Revere Industries LLC via a leveraged buyout transaction. |
Momentum Specialized Staffing Co Ltd | Atwork Group Co Ltd | | Atwork Group Co Ltd plans to acquire the remaining stake it does not already own in Momentum Specialized Staffing Co Ltd, a Phoenix-based provider of temporary help services. |
Ariett Business Solution INC | AvidXchange INC | | AvidXchange Inc acquired Ariett, a Pembroke-based provider of cloud solution services. |
Liquor Barn Inc | Blue Equity LLC | | Via a leveraged buyout transaction, Blue Equity LLC acquired Liquor Barn INC, a Louisville-based packaged alcoholic beverages retailer, from Liquor Stores Income Fund. |
New England Utility Constructors Inc | Centuri Construction Group Inc | | Centuri Construction Group Inc acquired New England Utility Constructors Inc, a Lawrence-based industrial building constructor. |
WebTegrity Inc | CloudCommerce Inc | | CloudCommerce Inc acquired the entire share capital of WebTegrity Inc, a San Antonio-based provider of custom computer programming services. |
Mountain States Steel Inc-Assets | DBM Global Inc | | HC2 Holdings Inc's unit DBM Global Inc agreed to acquire the assets of Mountain States Steel Inc, a Lindon-based manufacturer of fabricated structural metal products. |
Compaction & Recycling Equipment Inc | Deep Green Waste & Recycling LLC | | Deep Green Waste & Recycling LLC acquired Compaction & Recycling Equipment Inc, a Clackamas-based waste collection services provider. |
Henderson Wheel & Warehouse Supply INC | Dexter Axle Co | | Sterling Group Partners III LP's unit Dexter Axle Co plans to acquire Henderson Wheel & Warehouse Supply INC, a Salt Lake City-based retailer of automotive parts and accessories. |
Atlanta Fixture & Sales Co Inc-Certain Assets | Edward Don & Co | | Edward Don & Co acquired certain assets of Atlanta Fixture & Sales Co Inc, an Atlanta-based wholesaler of restaurant equipment. |
Dormie Club LLC | Hainoa LLC | | Hainoa LLC acquired Dormie Club LLC, a West End-based operator of golf course and country club. |
Home Medical Professionals INC | Hospice Source LLC | | Transition Capital Partners Ltd's unit Hospice Source LLC acquired Home Medical Professionals Inc, a Gainesville-based provider of home health care services. |
Arterra Place Apartments,Aurora,CO | Inland Real Estate Acquisitions Inc | | The Inland Real Estate Group of Cos Inc's unit Inland Real Estate Acquisitions Inc acquired Arterra Place Apartments, a 200-unit multifamily property in Aurora, Colorado. |
Cufflinks.com | Investor Group | | An investor group, comprising Adam Derek and Jacob Broin, acquired the entire share capital of Cufflinks.com, a Dallas-based online retailer of accessories for men. |
Fetch Storage LLC | Livible Inc | | Livible Inc acquired Fetch Storage LLC, a Cambridge-based provider of warehousing and storage services. |
Colgin Cellars-Vineyard | LVMH Moet Hennessy Louis Vuitton SA | | LVMH Moet Hennessy Louis Vuitton SA of France, a unit of Christian Dior SE, acquired a 60% stake in Colgin Cellars, a Saint Helena-based winery. The deal includes the brand, the winery and its 26 acres of vineyards. |
Peppermint Jim LLC | Marani Brands Inc | | Marani Brands Inc acquired a majority interest in Peppermint Jim LLC, a timber tract operator. |
Weinstein Co LLC | Maria Contreras-Sweet | | Maria Contreras-Sweet, former head of the Small Business Administration during the Obama years, plans to acquire Weinstein Co LLC, a New York-based producer of motion pictures and videos, for around $275 million. |
Warner Communications Inc | Millwright Holdings LLC | | Millwright Holdings LLC acquired Warner Communications Inc, a New York-based producer of motion pictures and videos, from Time Warner Inc, owned by AOL Time Warner Inc. |
Durango Investment Holdings LLC | Morgan Stanley Energy Partners | | Morgan Stanley Investment Management's unit Morgan Stanley Energy Partners acquired a majority interest in Durango Investment Holdings Ltd, a Houston-based provider of financial investment services, via a leveraged buyout transaction. |
Carrington Home Solutions LP-Property Preservation Operations | Mortgage Contracting Services LLC | | American Securities LLC's unit Mortgage Contracting Services LLC agreed to acquire the property preservation operations of Carrington Home Solutions LP, an Anaheim-based lessor of real estate property ultimately owned by Carrington Holding Co LLC. |
Axalta Coating Systems Ltd | Nippon Paint Holdings Co Ltd | | Nippon Paint Holdings Co Ltd of Japan plans to acquire the entire share capital of Axalta Coating Systems Ltd, a Philadelphia-based coatings manufacturer, for around $8.25 billion. Originally, in November 2017, Nippon Paint is rumored to be planning to acquire the entire share capital of Axalta. |
Algorithm Inc-Certain Assets & Liabilities | OmniComm Systems Inc | | OmniComm Systems Inc acquired certain assets & liabilities of Algorithm Inc, a Houston-based software publisher. The transaction includes certain assets & liabilities of Algorics Ltd and Algorithm Informatics Pvt Ltd. |
BUDDY'S KITCHEN INC | Premium Brands Holdings Corp | | Premium Brands Holdings Corp of Canada acquired the remaining stake it did not already own in Buddy's Kitchen Inc, a food service contractor, for around $115 million. Concurrently, Premium Brands Holdings Corp acquired Raybern Foods & Shaw Bakers. |
RAYBERN FOODS LLC | Premium Brands Holdings Corp | | Premium Brands Holdings Corp of Canada acquired the remaining stake it did not already own in Raybern Foods, LLC, a wholesaler of grocery products. Concurrently, Premium Brands Holdings Corp acquired Buddy's Kitchen Inc & Shaw Bakers for a combined value of 115 million USD. |
Shaw Bakers LLC | Premium Brands Holdings Corp | | Premium Brands Holdings Corp of Canada acquired a 50% interest in Shaw Bakers LLC, a commercial bakery. Concurrently, Premium Brands Holdings Corp acquired Buddy's Kitchen Inc & Raybern Foods. The two transactions have a combined value of 115 million USD. |
Private Balloon Flights LLC | Rainbow Ryders INC | | Rainbow Ryders Inc acquired Private Balloon Flights LLC, an Albuquerque-based company that offers private hot air balloon rides for two to six people. |
Breakthru Beverage Group LLC | Republic National Distributing Co | | Republic National Distributing Co LLC plans to merge with Breakthru Beverage Group LLC, a Cicero-based alcoholic beverages wholesaler. |
A Place To Call Home Health Care LLC | ResCare INC | | Onex Corp's unit ResCare INC acquired A Place To Call Home, a provider of home health care services. |
Viewics INC | Roche Holding AG | | Roche Holding AG of Switzerland plans to acquire Viewics INC, a San Jose-based software publisher. |
GenAlpha Technologies LLC | Shore Points Capital Management LLC | | Shore Points Capital Management LLC acquired GenAlpha Technologies LLC, a Brookfield-based software publisher, via a leveraged buyout transaction. |
Outback Storage Lagunaelk Grovecalifornia | StorQuest Self Storage | | StorQuest Self Storage acquired Outback Storage Laguna, a self-storage facility in Elk Grove California. |
Tech Vulcan Inc | Synapse Design Inc | | Synapse Design Inc acquired Tech Vulcan Inc, a San Diego-based provider of engineering design services. |
BenefitMall INC | The Carlyle Group LP | | Via a leveraged buyout transaction, The Carlyle Group LP plans to acquire BenefitMall Inc, a Dallas-based provider of integrated payroll and employee benefit products and services. |
Obscura Digital Inc | The Madison Square Garden Co | | The Madison Square Garden Co acquired Obscura Digital Inc, a San Francisco-based provider of graphic design services. |
Lextrum Inc | Transform-X Inc | | Transform-X Inc acquired the remaining stake it did not already own in Lextrum Inc, an Irvine-based wireless telecommunications carrier. |
ChemADVISOR Inc | UL LLC | | Underwriters Laboratories Inc's unit UL LLC acquired ChemADVISOR Inc, a Pittsburgh-based provider of environmental consulting services. |
Medical Dermatology Specialists Inc | US Dermatology Partners | | Abry Partners LLC's unit US Dermatology Partners acquired Medical Dermatology Specialists Inc, an Atlanta-based medical firm. |
0H0366 | Ushio America Inc | | Ushio America Inc, a unit of Ushio Inc, acquired Zylight LLC, a Los Angeles-based manufacturer of electric lamp, bulbs and parts. |
Future Global Vision Inc | Youngevity International Inc | | Youngevity International Inc acquired Future Global Vision Inc, a Las Vegas-based petroleum refinery operator. |
US M&A Deals Announced November 17 to November 23, 2017 | | | |
Source: Thomson Reuters | | | |