TargetAcquirerValue ($millions)Synopsis
Buffalo Wild Wings IncArby’s Restaurant Group Inc2,438.3Roark Capital Management LLC’s unit Arby’s Restaurant Group Inc definitively agreed to merge with Buffalo Wild Wings Inc (BWW), a Minneapolis-based owner and operator of restaurants, from Marcato Capital Management LLC for $157 in cash per share or a total of $2.438 billion. Originally, in November 2017, Roark Capital was rumored to be planning to acquire BWW.
Aricent IncAltran Technologies SA2,000.0Altran Technologies SA of France agreed to acquire Aricent Inc, a Santa Clara-based communications software developer, for $2 billion in cash from Kohlberg Kravis Roberts & Co LP, ultimately owned by KKR & Co LP.
Time IncMeredith Corp1,849.3Meredith Corp definitively agreed to acquire the entire share capital of Time Inc, a New York-based periodical publisher, for about $18.50 in cash per share or a total of $1.849 billion in cash. Originally, in November 2017, Meredith was rumored to be planning to acquire the entire share capital of Time.
Barracuda Networks IncThoma Bravo LLC1,490.7Thoma Bravo LLC agreed to acquire the entire share capital of Barracuda Networks Inc, a Campbell-based manufacturer of content security, networking and application delivery, data storage, protection and disaster recovery solutions, for $27.55 in cash per share or a total of $1.491 billion via a leveraged buyout transaction.
Harrah’s Las Vegas LLC-Real Estate AssetsVici Properties Inc1,140.0Vici Properties Inc definitively agreed to acquire the real estate assets of Harrah’s Las Vegas LLC, a Las Vegas-based hotel operator owned by Caesars Entertainment Corp, for about $1.14 billion via a sale and leaseback transaction.
Big Fish Games IncAristocrat Technologies Inc990.0Aristocrat Leisure Ltd’s unit Aristocrat Technologies Inc definitively agreed to acquire Big Fish Games Inc, a Seattle-based software publisher, from Churchill Downs Inc for $990 million in cash.
Bazaarvoice IncMarlin Equity Partners LLC473.4Marlin Equity Partners LLC definitively agreed to acquire the entire share capital of Bazaarvoice Inc, an Austin-based provider of consumer-generated content, advertising and personalization services, for $5.5 in cash per share or a total of $473.365 million via a leveraged buyout transaction.
Amherst Holdings LLC-single family rental properties(1957)Altisource Residential Corp305.1Altisource Residential Corp acquired 1,957 single family rental properties from Amherst Holdings LLC, an Austin-based provider of financial investment services, for $305.1 million.
First Evanston Bancorp IncByline Bancorp Inc169.0Byline Bancorp Inc definitively agreed to acquire Evanston-based First Evanston Bancorp Inc for around $169 million in cash and Byline common shares.
Integrity Bancshares IncIndependent Bank Group Inc164.3Independent Bank Group Inc definitively agreed to acquire the entire share capital of Integrity Bancshares Inc, an Alpharetta-based commercial bank, from S&T Bancorp Inc for $164.32 million. The consideration would consist of $31.6 million in cash and 2.072 million in common shares or $132.72 million. The shares were valued based on Independent’s closing stock price of $64.05 on 27 November 2017, the last full trading day prior to the announcement.
Spread Networks LLCZayo Group Holdings Inc127.0Zayo Group Holdings Inc plans to acquire Spread Networks LLC, a Ridgeland-based wireless telecommunications carrier, for $127 million in cash.
Floridian Community Holdings IncFCB Financial Holdings Inc82.5FCB Financial Holdings Inc agreed to merge with Floridian Community Holdings Inc, a Davie-based provider of banking products and services like loans, for 1.7 million common shares collectively valued at $82.535 million via a stock swap transaction. The shares were valued based on FCB’s closing stock price of $48.55 on 24 November 2017, the last full trading day prior to the announcement.
HUF Holdings LLCTSI Holdings Co Ltd63.0TSI Holdings Co Ltd of Japan plans to acquire a 90% interest in HUF Holdings LLC, a Los Angeles-based clothing retailer, for $63 million.
WebLife Balance INCProofpoint INC60.0Proofpoint Inc definitively agreed to acquire WebLife Balance Inc, a Los Angeles-based provider of computer systems design services, for $60 million.
Nubeva IncSherpa Holdings Corp50.5Sherpa Holdings Corp of Canada plans to acquire the entire share capital of Nubeva Inc, a San Jose-based provider of computer systems design services, in exchange for 187.096 million common shares collectively worth $50.516 million.
MGC Diagnostics CorpAltus Capital Partners LLC50.2Altus Capital Partners LLC agreed to acquire the entire share capital of MGC Diagnostics Corp, a Saint Paul-based medical instruments manufacturer, for $11.03 cash per share or a total of $50.179 million via a leveraged buyout transaction.
Peoples Mutual Telephone CoRiver Street Management Services LLC21.0Wilkes Communications Inc’s unit River Street Management Services LLC agreed to acquire Peoples Mutual Telephone Co, a Gretna-based wired telecommunications carrier, from Consolidated Communications Holdings Inc. Concurrently, River agreed to acquire Peoples Mutual Long Distance Co. Both transactions have a combined value of around $21 mil.
Noble Americas South Bend Ethanol LLCZeeland Farm Services Inc17.0Zeeland Farm Services Inc agreed to acquire the entire share capital of Noble Americas South Bend Ethanol LLC, a South Bend-based manufacturer of ethyl alcohol, for about $17 million from Noble Americas Corp, owned by Noble Resources UK Holdings Ltd.
167 John Vertente Blvd Industrial Building,New Bedford,MAMariMed Inc6.9MariMed Inc acquired a 137,500 sq ft industrial building at 167 John Vertente Blvd in New Bedford, Massachusetts for $6.895 million.
Four Corners Property Trust Inc- Olive Garden Restaurant,Pinellas Park, FLDarden Restaurants Inc5.1Darden Restaurants Inc acquired an Olive Garden restaurant from Four Corners Property Trust Inc, a Mill Valley-based lessor of real estate property, for $5.1 million.
Green Leaf WellnessMarapharm Ventures Inc1.6Marapharm Ventures Inc of Canada plans to acquire Green Leaf Wellness, a Desert Hot Springs-based drug store operator, for $1.6 mil.
B Lane INC-Certain AssetTFT Acquisition LLC1.4TFT Acquisition LLC plans to acquire certain assets of B Lane INC, a New York City-based women’s clothing retailer, for $1.4 mil.
Canned BannersAdacus LLCAdacus LLC, a unit of Thunder Industries, acquired Canned Banners, an advertising agency.
Leapforce IncAppen LtdAppen Ltd of Australia definitively agreed to acquire Leapforce Inc, a Pleasanton-based provider of search relevance services.
Sam Levin IncArt Van Furniture IncThomas H. Lee Partners LP’s unit Art Van Furniture Inc acquired Sam Levin Inc, a Smithton-based manufacturer of wood office furniture. Concurrently, Art acquired Wolf Furniture Enterprises Inc.
Wolf Furniture Enterprises IncArt Van Furniture IncThomas H. Lee Partners LP’s unit Art Van Furniture Inc acquired Wolf Furniture Enterprises Inc, a Bellwood-based manufacturer of non-upholstered wood household furniture. Concurrently, Art acquired Sam Levin Inc.
United BioSource CorpAvista Capital Holdings LPAvista Capital Holdings LP definitively agreed to acquire United BioSource Corp, a Blue Bell-based provider of medical consulting services, from Express Scripts Holding Co via a leveraged buyout transaction.
Tangerine Promotions LtdBamko LLCSuperior Uniform Group Inc’s unit Bamko LLC acquired Tangerine Promotions Ltd, a Northbrook-based provider of marketing consulting services. Concurrently, Bamko LLC acquired Tangerine Promotions West Inc.
Tangerine Promotions West IncBamko LLCSuperior Uniform Group Inc’s unit Bamko LLC acquired Tangerine Promotions West Inc, a Beverly Hills-based provider of marketing consulting services. Concurrently, Bamko LLC acquired Tangerine Promotions Ltd.
EverPower Wind Holdings Inc-Operating Assets(7)BlackRock IncBlackRock Inc plans to acquire the 7 operating assets of EverPower Wind Holdings Inc, a Pittsburgh-based electric power distributor ultimately owned by Terra Firma Capital Partners Ltd.
Biovision IncBoai NKY Pharmaceuticals LtdBoai NKY Pharmaceuticals Ltd of China plans to acquire the entire share capital of Biovision Inc, a Mountain View-based manufacturer of ophthalmic goods, from Huuse & Tordrup.
Peoplenet IncBullhorn IncBullhorn Inc, a unit of Vista Equity Partners LLC, acquired Peoplenet Inc, an Atlanta-based software publisher.
Kaya Management IncCannaRoyalty CorpCannaRoyalty Corp of Canada plans to acquire Kaya Management Inc, a Los Angeles-based provider of office administrative services. Concurrently, CannaRoyalty plans to acquire Alta Supply Inc.
Alta Supply IncCannaRoyalty CorpCannaRoyalty Corp of Canada plans to acquire Alta Supply Inc, a Pleasant Hill-based manufacturer of chocolate and confectionery. Concurrently, CannaRoyalty plans to acquire Kaya Management Inc.
FuturTech Consulting LLCCloudscale365 IncCloudscale365 Inc merged with FuturTech Consulting LLC, a New Castle-based software publisher.
Patriot National IncCreditorsPatriot National Inc, a Fort Lauderdale-based insurance services provider, agreed to a debt restructuring transaction with creditors, who will receive common shares and cash in exchange for outstanding debt. Upon completion of the deal, creditors will hold the entire share capital in the restructured Patriot National.
INFRAX Systems IncCrypto Currency CorpCrypto Currency Corp plans to acquire the remaining stake it does not already own in INFRAX Systems Inc, a Pinellas Park-based software publisher.
BMW NewmarketDilawri Group of CompaniesDilawri Group of Companies of Canada acquired the entire share capital of BMW Newmarket, a motor vehicle wholesaler.
Monarch Delaware Holdings LLCFederated National Holding CoFederated National Holding Co plans to acquire a majority interest in Monarch Delaware Holdings LLC, an insurance agency, from its joint venture partner Crosswinds Investor Monarch LP for about f $12.282 million.
Soma Water IncFull Circle Home LLCFull Circle Home LLC acquired Soma Water Inc, a San Francisco-based retailer.
H2O.ai IncGoldOller Real Estate Investments LLCGoldOller Real Estate Investments LLC acquired two rental communities in Southfield, Michigan.
Rocky Caney Wind LLCGulf Pacific Power LLCHarbert Management Corp’s unit Gulf Pacific Power LLC plans to acquire an 80% interest in Rocky Caney Wind LLC, an Andover-based electric power generation facility operator, from Enel Green Power North America Inc (EGP-NA), owned by Enel Green Power SpA.
Standard Functional Foods Group IncHearthside Food Solutions LLCHearthside Food Solutions LLC acquired Standard Functional Foods Group Inc, a Nashville-based snack products manufacturer.
Summit Financial CorpHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired Summit Financial Corp, a Burlington-based insurance agency.
Taykey IncInnovid IncInnovid Inc plans to acquire Taykey Inc, a New York-based advertising agency.
Practice XYZ IncInstructure IncInstructure Inc acquired Practice XYZ Inc, a Philadelphia-based custom computer programming services provider.
Allegory Law IncIntegreon IncIntegreon Inc, a unit of NewQuest Capital Partners, acquired Allegory Law Inc, a provider of legal services.
Prologis Inc-Bayside Business ParkInvestor GroupAn investor group, comprising Niru Group’s unit BKM Capital Partners LLC and Prologis Inc, acquired the Bayside business park of Prologis Inc, a San Francisco-based lessor of real estate property, for around $71.877 million.
Patriot National IncInvestor GroupAn investor group, comprising Societe Generale SA’s unit TCW Asset Management and Cerberus Business Finance LLC, plans to acquire Patriot National Inc, a Fort Lauderdale-based insurance agency.
Patterson Court Apartments,Orlando, FLInvestor GroupAn investor group, comprising Fifteen Group Capital LLC and Meritage Group LP, acquired the 384-unit property Patterson Court Apartments in Orlando for around $68.65 mil.
Pavetex EngineeringInvestor GroupAn investor group led by Bernhard Capital Partners Management LP acquired PAVETEX Engineering, a Dripping Springs-based provider of engineering services. Concurrently, Bernhard Capital Partners acquired Moreland Altobelli Associates Inc and Engineering Testing Services via a three-way merger to form Atlas Technical Consultants.
Engineering Testing ServicesInvestor GroupAn investor group led by Bernhard Capital Partners Management LP acquired Engineering Testing Services, a San Ramon-based engineering services provider. Concurrently, Bernhard acquired Moreland Altobelli Associates Inc and Pavetex Engineering via a three-way merger to form Atlas Technical Consultants.
Moreland Altobelli Associates IncInvestor GroupAn investor group led by Bernhard Capital Partners Management LP acquired Moreland Altobelli Associates Inc, a Nocross-based provider of architectural services. Concurrently, Bernhard acquired PAVETEX Engineering and Engineering Testing Services via a three-way merger to form Atlas Technical Consultants.
Nest FragrancesInvestor GroupAn investor group, comprising Laura Slatkin and Eurazeo SA, acquired a majority interest in Nest Fragrances, a New York-based detergents manufacturer.
Analytical Informatics INCKoninklijke Philips NVKoninklijke Philips NV of Netherlands acquired Analytical Informatics INC, a Baltimore-based software publisher.
Halo Business IntelligenceLogility IncAmerican Software Inc’s unit Logility Inc acquired Halo Business Intelligence, a San Diego-based provider of data processing and hosting services.
The Clark Group IncLSC Communications IncLSC Communications Inc acquired The Clark Group Inc, a Hamilton-based provider of long-distance freight trucking services, from Clark Holdings Inc, ultimately owned by The Gores Group LLC.
Skyhigh Networks IncMcAfee IncMcAfee Inc, a unit of TPG Capital LP, definitively agreed to acquire Skyhigh Networks Inc, a Campbell-based provider of data processing and hosting services.
Hilton Garden Inn Allenton West,PAMCR Development LLCMCR Development LLC acquired the 111-room Hilton Garden Inn Allentown West in Breinigsville for $15 mil.
International Multimedia Telecommunications ConsortiumMetro Ethernet ForumMetro Ethernet Forum will merge with International Multimedia Telecommunications Consortium, a San Ramon-based software publisher.
ThreadKMNetVoyage CorpClearlake Capital Group LP’s unit NetVoyage Corp acquired ThreadKM, a leading provider of collaboration technology.
Shellpoint Partners LLCNew Residential Investment CorpNewcastle Investment Corp’s unit New Residential Investment Corp plans to acquire Shellpoint Partners LLC, a New York-based provider of sales financing services, for around $190 million.
Juniper Networks IncNokia OyjNokia Oyj of Finland discontinued the rumors that it plans to acquire the remaining stake it does not already own in Juniper Networks Inc, a Sunnyvale-based manufacturer of computer peripheral equipment, for around $16 billion.
Larry Methvin Installations IncPatrick Industries IncPatrick Industries Inc acquired Larry Methvin Installations Inc, a manufacturer of flat glass.
Pinnacle Entertainment IncPenn National Gaming IncPenn National Gaming Inc plans to acquire the remaining stake it does not already own in Pinnacle Entertainment Inc, a Las Vegas-based casino hotel operator.
FashInvest LtdPenske Media CorpPenske Media Corp acquired FashInvest Ltd, a Wilmington-based intermediator.
Trout Group LLCPNC Financial Services Group IncPNC Financial Services Group Inc definitively agreed to acquire Trout Group LLC, a New York City-based provider of management consulting services.
Defensative LLC-Certain AssetQualys INCQualys Inc plans to acquire certain asset of Defensative LLC, a Reston-based provider of security systems services.
Peoples Mutual Long Distance CoRiver Street Management Services LLCWilkes Communications Inc’s unit River Street Management Services LLC agreed to acquire Peoples Mutual Long Distance Co, a Charlotte-based wired telecommunications carrier, from Consolidated Communications Holdings Inc. Concurrently, River agreed to acquire Peoples Mutual Telephone Co. Both transactions have a combined value of around $21 mil.
Lake James Cellars WinerySecond Nature Technology IncSecond Nature Technology Inc acquired a 65% interest in Glen Alpine-based Lake James Cellars Winery.
Ares EIF Management Llc-Coal Portfolio4Starwood Energy Group LLCStarwood Capital Group Global LLC’s unit Starwood Energy Group LLC agreed to acquire the 4 coal portfolio of Ares EIF Management LLC, a provider of investment management services owned by Ares Management LLC, via a leveraged buyout transaction.
AMQ Solutions LLCSteelcase IncSteelcase Inc plans to acquire AMQ Solutions LLC, a Santa Clara-based office furniture manufacturer.
CBM Managed ServicesSummit Food Service LLCElior North America Inc’s unit Summit Food Service LLC acquired the entire share capital of CBM Managed Services, a Sioux Fall-based provider of administrative management and general management consulting services.
ClearChoice Holdings LLCSun Capital Partners IncSun Capital Partners Inc acquired ClearChoice Holdings LLC, a Greenwood Village-based dentistry firm, via a leveraged buyout transaction.
Bio-Ops IncSVA Consulting LLCSVA Consulting LLC merged with Bio-Ops Inc, a Playa del Rey-based provider of biotechnology research and development services.
Delmar DisposalTAS Environmental Services LPTAS Environmental Services LP acquired the entire share capital of Delmar Disposal, a Dallas-based provider of hazardous waste treatment and disposal services.
Terminus Consulting CorpTechCanary CorpTech Canary Corp acquired Terminus Consulting Corp, a software publisher.
Astrodyne CorpTinicum LPTinicum Inc’s unit Tinicum LP acquired Astrodyne Corp, a Mansfield-based manufacturer of printed circuit assemblies, from Audax Group LP.
Remedy Health Media LLCTopspin PartnersTopspin Partners acquired Remedy Health Media LLC, a New York-based provider of business support services, from Veronis Suhler Stevenson Partners LLC via a leveraged buyout transaction.
American Indian Health ServicesTribal FirstTribal First acquired American Indian Health Services, a Santa Barbara-based provider of ambulatory health care services.
Sundial Brands LLCUnilever PLCUnilever PLC of the UK agreed to acquire Sundial Brands LLC, an Amityville-based toilet preparations manufacturer, from Bain Capital LLC, ultimately owned by Bain Capital LP.
Conquest Technology Services CorpUnited Data Technologies IncUnited Data Technologies Inc acquired Conquest Technology Services Corp, a Coral Gables-based software publisher.
Cherubim Custom Millworks INCVictura Construction Group INCVictura Construction Group Inc signed a letter of intent to acquire Cherubim Custom Millworks Inc, a Hurst-based millwork manufacturer.
Meetup IncWework Cos IncWework Cos Inc acquired Meetup Inc, a New York-based provider of computer systems design services, for around $200 million. Originally, in November 2017, Wework Cos Inc was rumored to be planning to acquire Meetup Inc.
Jelly Jar WinesWinery Exchange IncWinery Exchange Inc acquired Jelly Jar Wines, a Rutherford-based winery.
Vigilare InternationalWirb-Copernicus GroupArsenal Capital Partners LP’s unit Wirb-Copernicus Group acquired Vigilare International, a Conshohocken-based manufacturer of pharmaceutical preparations.
US M&A Deals Announced November 24 to November 30, 2017
Source: Thomson Reuters