TargetAcquirerValue ($millions)Synopsis
Qualcomm IncBroadcom Ltd128,550.8Broadcom Ltd plans to launch an unsolicited tender offer to acquire the entire share capital of Qualcomm Inc, a San Diego-based manufacturer and wholesaler of semiconductors and related devices, for $128.551 billion. The consideration would consist of $60 in cash and $10 in Broadcom common shares per Qualcomm share, and the assumption of $25 billion net debt on pro forma basis. Originally, in November 2017, Broadcom is rumored to be planning to acquire the entire share capital of Qualcomm. Concurrently, Qualcomm plans to acquire the entire share capital of NXP Semiconductors NV.
AmTrust Financial Services Inc-US Fee BusinessesMadison Dearborn Partners LLC950.0Madison Dearborn Partners LLC definitively agreed to acquire a 51% ownership interest in the US fee businesses of AmTrust Financial Services Inc, a New York-based provider of insurance and mortgage brokerage services, for $950 million in cash via a leveraged buyout transaction. Originally, in May 2017, AmTrust announced that it was seeking a buyer for its service & fee business.
RxCrossroads LLCMcKesson Corp735.0McKesson Corp definitively agreed to acquire RxCrossroads LLC, a Louisville-based provider of services to pharmaceutical and biotechnology manufacturers, for $735 million from Omnicare Inc, ultimately owned by CVS Health Corp.
IPS CorpEncapsys LLC700.0Sherman Capital Holdings LLC's unit Encapsys LLC acquired IPS Corp, a Compton-based adhesives manufacturer, from Nautic Partners LLC for $700 mil.
Glass Mountain Pipeline LLCInvestor Group600.0An investor group, comprising Navigator Energy Services LLC, a unit of NuStar Energy LP, and Global Energy & Power Infrastructure Fund, definitively agreed to acquire the entire share capital of Glass Mountain Pipeline LLC, a provider of pipeline transportation services of crude oil jointly owned by SemGroup Corp and Rose Rock Midstream LP, for $600 mil.
Infrastructure & Energy Alternatives LLCM III Acquisition Corp341.9M III Acquisition Corp (M3) definitively agreed to acquire the entire share capital of Infrastructure & Energy Alternatives LLC (IEA), an Indianapolis-based engineering services provider, for about $341.941 million from GFI Energy Group LLC, owned by Oaktree Capital Management LP. The consideration would consist of $100 million in cash, $35 million in convertible preferred shares, the issuance of 10 million M3 common shares valued at $98.39 mil, the assumption of $20 million in liabilities, and UDS 88.551 in profit-related payments. The shares were valued based on M3's closing stock price of $9.839 on 02 Nov 2017, the last full trading day prior to the announcement. Upon completion of the deal, IEA will be listed on Nasdaq Capital Market under the symbol IEA.
Plains Products Terminals LLC-Martinez & Richmond TerminalsTransMontaigne Partners LP275.0TransMontaigne Partners LP definitively agreed to acquire the Martinez & Richmond terminals of Plains Products Terminals LLC, a Houston-based petroleum bulk wholesaler ultimately owned by Plains All American Pipeline LP, for $275 mil.
NGL Energy Partners LP-Certain Retail Propane BusinessesDCC Plc200.0DCC PLC of Republic of Ireland definitively agreed to acquire certain retail propane businesses of NGL Energy Partners LP, a Tulsa-based wholesaler of petroleum and petroleum products, for $200 million in cash. The transaction would include Hicksgas LLC, Pacer Propane and Propane Central.
New Senior Investment Group Inc-Central Florida Senior Housing Portfolio(9)Griffin-American Healthcare Reit IV Inc110.0Griffin-American Healthcare Reit IV Inc acquired a portfolio of nine Central Florida senior housing with 1,140 units for about $110 mil.
Agrium Inc-Phosphate Production FacilityItafos100.0Zaff LLC's unit Itafos of Cayman Islands plans to acquire the Phosphate production facility of Agrium Inc, a Calgary-based manufacturer of nitrogenous fertilizers, for about $100 million. Concurrently, Agrium Inc agreed to sell its Nitric Acid facility to Trammo Nitrogen Products Inc.
Montague Oaks Business ParkWashington Real Estate Holdings LLC90.0Washington Real Estate Holdings LLC acquired Montague Oaks Business Park, which comprises eight single-story multi tenant office buildings in North San Jose, for $90 million from PSAI Realty Partners LLC.
Cantaloupe Systems IncUSA Technologies Inc86.6USA Technologies Inc acquired the entire share capital of Cantaloupe Systems Inc, a San Francisco-based software reproducer, for an estimated $86.61 million. The consideration consisted of $65 million in cash, the issuance of $19.81 million common shares and the assumption of up to $1.8 million in liabilities.
Simplicity Creative GroupCSS Industries Inc64.0CSS Industries Inc acquired Simplicity Creative Group, an Antioch-based provider of home sewing patterns, decorative trims, knitting and crocheting tools, needle arts and kids crafts products, for about $64 million in cash from Wilton Brands LLC, ultimately owned by TowerBrook Capital Partners LP.
CBBC BancorpSuncrest Bank,Visalia,California55.8Suncrest Bank definitively agreed to merge with West Sacramento-based CBBC Bancorp via a stock swap transaction valued at $55.841 million. Suncrest offered a choice of $50.588 million or the issuance of 2.409 million Suncrest common shares valued at $55.841 mi, subject to proration whereby 50% of the consideration would comprise cash, and the remaining 50% in common shares. The shares were valued based on Suncrest's closing stock price of $11.59 on 6 November 2017, the last full trading day prior to the announcement.
Trans-Union Interstate Pipeline LPAmerican Midstream Partners LP48.0American Midstream Partners LP acquired the entire share capital of Trans-Union Interstate Pipeline LP, a Tampa-based pipeline transportation services of natural gas, for $48 million. The consideration consisted of $15.5 million in cash and the assumption up to $32.5 million in liabilities.
Nutragenesis LLCInnophos Holdings Inc28.0Bain Capital LP's unit Innophos Holdings Inc acquired the entire share capital of Nutragenesis LLC, a Brattleboro-based marketers of nutraceutical ingredients, for $28 million in cash. The transaction would include Icon Group LLC and Tradeworks Group Inc.
SypherMedia International IncInside Secure SA10.0Inside Secure SA of France acquired SypherMedia International Inc, a Westminster-based provider of custom computer programming services, for $10 million. The transaction consisted of $7 million in cash and up to $3 million in profit-related payments.
Screen Media Ventures, LLCChicken Soup For Soul Entertainment INC5.2Chicken Soup for the Soul Entertainment INC, a unit of Chicken Soup for the Soul LLC, acquired Screen Media Ventures, a New York City-based producer of motion pictures and videos, for $5.173 mil.
Harper Brush Works IncAmes Co Inc5.0Griffon Corp's unit Ames Co Inc acquired Harper Brush Works Inc, a Fairfield-based manufacturer of brooms, brushes and mops, from Horizon Global Corp for an estimated $5 mil.
Wawel BankSpencer Savings Bank Inc SLA3.4Spencer Savings Bank Inc SLA definitively agreed to acquire the entire share capital of Garfield-based Wawel Bank for $3.4 million in cash.
Tulumba LlcAblak Holdings LLCAblak Holdings LLC acquired Tulumba LLC, a Pittsburgh-based mail-order house.
Vault Investments IncAcorns Advisers LLCAcorns Advisers LLC acquired Vault Investments Inc, a Portland-based software publisher.
Compensation & Benefit SolutionsAlvarez & Marsal Holdings LLCAlvarez & Marsal Holdings LLC acquired Compensation & Benefit Solutions, a Greenwood Village-based provider of human resources and executive search consulting services.
Allied Business Network LtdArthur J Gallagher & CoArthur J. Gallagher & Co (AJGC) acquired Allied Business Network, a software publisher. Concurrently, AJGC acquired Smart Business Savings LLC.
Smart Business Savings LLCArthur J Gallagher & CoArthur J. Gallagher & Co (AJGC) acquired Smart Business Savings LLC, a Cheswick-based provider of management consulting services. Concurrently, AJGC acquired Allied Business Network Ltd.
Alleson of Rocherster IncBadger Sportwear IncBadger Sportwear Inc plans to acquire Alleson of Rochester Inc, a Rochester-based manufacturer of sporting and athletic goods.
Sonian IncBarracuda Networks IncBarracuda Networks Inc acquired Sonian Inc, a Waltham-based software publisher.
SureSource LLCBeringer CapitalBeringer Capital of Canada acquired a majority interest in SureSource LLC, a Shelton-based software publisher, via a leveraged buyout transaction.
Elwyn Specialty CareBiomatrix Specialty Pharmacy LLCAcon Investments LLC's unit Biomatrix Specialty Pharmacy LLC acquired Elwyn Specialty Care, a Garnet Valley-based owner and operator of pharmacies.
Kingsport BookBlackford Capital LLCBlackford Capital LLC acquired Kingsport Book, a provider of tradebinding services, via a leveraged buyout transaction.
XL BrandsBostik SAArkema SA's unit Bostik SA of France plans to acquire XL Brands, a Dalton-based flooring contractor, for around $205 million.
Primary Integration Solutions IncBureau Veritas SAWendel SE's unit Bureau Veritas SA of France acquired Primary Integration Solutions Inc, a Charlotte-based provider of commissioning and operational risk management services, from Rotunda Capital Partners LLC.
Fullspeed Automotive TMCenterOak Partners LLCVia a leveraged buyout transaction, CenterOak Partners LLC acquired a majority interest in Fullspeed Automotive TM, a Greenwood Village-based new car dealer.
Lypro Biosciences IncCerenis Therapeutics SACerenis Therapeutics SA of France acquired Lypro Biosciences Inc, a San Francisco-based biological products manufacturer.
CCLD Technologies INCCongruex LLCCongruex LLC acquired CCLD Technologies Inc, a Buford-based software publisher.
KMG America CorpContinental General Insurance CoHC2 Holdings Inc's unit Continental General Insurance Co definitively agreed to acquire KMG America Corp, a Minnetonka-based direct life insurance carrier, from Humana Inc.
TK Holdings IncCreditorsTK Holdings Inc (TKH), an Auburn Hills-based wholesaler of motor vehicle supplies and parts, plans a debt restructuring transaction with creditors, who will receive common stock & cash in exchange for outstanding debt. Upon completion of the deal, creditors will hold an interest in the restructured TKH.
IBX-Small Business DivisionDecisely Insurance Services IncDecisely Insurance Services Inc acquired IBX, an Alpharetta-based insurance agency.
I.AM IncDigital Power CorpDigital Power Corp plans to acquire I.AM Inc, a Las Vegas-based hospitality services provider.
Pharmaceutical Technologies IncDiplomat Pharmacy IncDiplomat Pharmacy Inc definitively agreed to acquire the entire share capital of Pharmaceutical Technologies Inc, an Omaha-based full-service pharmacy benefit manager.
Oil-Law Records CorpDrillinginfo IncInsight Venture Partners LLC's unit Drillinginfo Inc acquired Oklahoma City-based Oil-Law Records Corp, one of the first oil and gas industry information providers in the U.S.
Ammex Plastics LLCEcho Engineering & Product6in Supplies IncEcho Engineering & Production Supplies Inc acquired Ammex Plastics LLC, a Monroe-based plastics products manufacturer.
OrionCKB LLCElite SEMElite SEM acquired OrionCKB LLC, a Walpole-based advertising agency.
Paper Communications IncENTtech Media Group LLCENTtech Media Group LLC agreed to acquire Paper Communications Inc, a New York-based periodical publisher.
Academy Dermatologists Group LLCEpiphany Dermatology PAEpiphany Dermatology PA, a unit of CI Capital Partners LLC, acquired Academy Dermatologists Group LLC, a Tucson-based dermatological services provider.
Agency212 LLCFosina Marketing Group Inc.Fosina Marketing Group Inc plans to acquire the remaining stake it does not already own in Agency 212 LLC, an advertising agency. Concurrently, Fosina acquired iFuel Interactive.
iFuel InteractiveFosina Marketing Group Inc.Fosina Marketing Group Inc plans to acquire the remaining stake it does not already own in iFuel Interactive, an advertising agency, from Agency212 LLC. Concurrently, Fosina acquired Agency 212.
Dynamis Energy LLCFreestone Resources IncFreestone Resources Inc plans to acquire the remaining stake it does not already own in Dynamis Energy LLC, an Eagle-based provider of nonhazardous waste treatment and disposal services.
G-Five IncGlobal Imaging Systems IncXerox Corp's unit Global Imaging Systems Inc acquired G-Five Inc, a Greenville-based provider of consumer electronics repair and maintenance services.
Ajubeo LLCGreen House Data IncGreen House Data Inc acquired Ajubeo LLC, a Noulder-based wired telecommunications carrier, from Infrastructures Investors LLC, ultimately owned by Grey Mountain Partners LLC.
Ajax Metal Forming Solutions LLCHeartland Equity Management LLCHeartland Equity Management LLC acquired a majority interest in Ajax Metal Forming Solutions LLC, a Minneapolis-based manufacturer of sheet metal works.
Emergency Response & Training SolutionsHepacao IncGryphon Investors Inc's unit Hepaco Inc acquired Emergency Response & Training Solutions, a Solon-based emergency services provider.
Wells Fargo Crop Insurance AgencyHub International LtdHellman & Friedman LLC's unit Hub International Ltd agreed to acquire Wells Fargo Corp Insurance Agency from Wells Fargo Insurance Services Inc, ultimately owned by Wells Fargo & Co.
Talon Innovations CorpIchor Holdings LLCIchor Holdings Ltd's unit Ichor Holdings LLC plans to acquire Talon Innovations Corp, a Sauk Rapids-based industrial valves manufacturer, from Graycliff Partners LP.
Master Coating TechnologiesICP Construction IncICP Construction Inc, a unit of ICP Group, acquired Master Coating Technologies, an Eagan-based chemical products manufacturer.
The Phoenix GroupIngram Micro IncTianjin Tianhai Investment Co Ltd's unit Ingram Micro Inc acquired The Phoenix Group, an O'Fallon-based wholesaler of specialty distributor of point-of-sale technology.
Ortiz Engineered Products Inc-Certain AssetsInsteel Wire Products CoInsteel Industries Inc's unit Insteel Wire Products Co acquired certain assets of Ortiz Engineered Products Inc, a Sugarloaf-based metal wholesaler.
Cetek LTDIntegrated Global Services IncIntegrated Global Services Inc acquired Cetek Ltd, a Brook Park-based coatings manufacturer.
Bytronics IncIrth Solutions IncIRTH Solutions Inc acquired Bytronics Inc, a Rochester-based software publisher.
BAE Energy Management LLCJensyn Acquisition CorpJensyn Acquisition Corp definitively agreed to merge with BAE Energy Management LLC, a Woodbury-based provider of administrative management and general management consulting services. Upon completion of the deal, BAE will be renamed as Vantage Energy Fund.
Tyson Foods Inc-Kettle BusinessKerry Group PLCKerry Group PLC of Republic of Ireland agreed to acquire the Kettle business of Tyson Foods Inc, a Springdale-based foods manufacturer.
American Builders Supply IncKodiak Building Partners LLCKodiak Building Partners LLC agreed to acquire American Builders Supply Inc, a Sanford-based millwork wholesaler, from SiteOne Landscape Supply Inc.
Vista Clinical Diagnostics LLC-Retail DivisionLaboratory Corp of America HoldingsLaboratory Corp of America Holdings acquired the Retail Division of Vista Clinical Diagnostics LLC, a Clermont-based medical laboratory operator.
DC Trash of Illinois IncLakeshore Recycling Systems LLCLakeshore Recycling Systems LLC acquired DC Trash of Illinois Inc, a Cortland-based waste collection services provider.
Strike King Lure CoLews Holdings CorpLew's Holdings Corp acquired Strike King Lure Co, a Collierville-based sporting goods retailer.
AMLI at St Charles, ILLowe Enterprises InvestorsLowe Enterprises Inc's unit Lowe Enterprises Investors acquired the 400-unit AMLI at St. Charles apartment community.
Quality Park Products Inc (Mail-Well Inc/Mail-Well Holdings)LSC Communications IncLSC Communications Inc acquired Quality Park Products Inc, a Saint Paul-based envelope manufacturer, from Mail-Well Inc, ultimately owned by Cenveo Inc.
AvengeMAG AerospaceMAG Aerospace acquired Avenge, a provider of flight training services.
Cavium IncMarvell Technology Group LtdMarvell Technology Group Ltd of Bermuda plans to merge with Cavium Inc, a San Jose-based semiconductors manufacturer, for around $14 billion.
Menges Roller Co IncMaxcess International CorpBertram Capital Management LLC's unit Maxcess International Corp acquired Menges Roller Co Inc, a Wauconda-based manufacturer of industrial machinery.
Powerex Inc-Power Device Distribution BusinessMitsubishi Electric US Holdings IncMitsubishi Electric Corp's unit Mitsubishi Electric US Holdings Inc plans to acquire the power device distribution business of Powerex Inc, an Youngwood-based manufacturer of semiconductors and related devices, via an internal reorganization. The target is jointly owned by General Electric Co, Westinghouse Electric Corp and Mitsubishi Electric Corp.
Marks Thomas & Associates IncMoseley ArchitectsMoseley Architects plans to merge with Marks Thomas & Associates Inc, a Baltimore-based architectural services provider.
Calyx Brands INCNutritional High International IncNutritional High International Inc of Canada signed a letter of intent to acquire the entire share capital of Calyx Brands Inc, an Oakland-based biological products manufacturer.
Transitainer Global-USA OperationsOL International Holdings LLCOL International Holdings LLC acquired the USA operations of Transitainer Global, a Sydney-based provider of deep sea and air freight transportation services.
Au Bon Pain Holding CO INCPanera Bread CoPanera Bread Co, jointly owned by JAB BV and BDT Capital Partners LLC, definitively agreed to acquire Au Bon Pain Holding Co Inc, a Boston-based baked goods retailer.
Reserve DecaturgaPraedium Group LLCPraedium Group LLC acquired Reserve Decatur, a 298-unit housing community in Decatur, GA.
International Sample LibraryPremier Sample Library LLCPremier Sample Library LLC, a unit of Premier Oilfield Laboratories LLC, acquired International Sample Library, the largest commercial library of core and cuttings samples in Midland, Texas.
Cloudmark INCProofpoint INCProofpoint Inc plans to acquire Cloudmark Inc, a San Francisco-based software reproducer, for around $110 mil.
Interface Displays & Controls IncRadiant Power CorpRadiant Power Corp, a unit of HEICO Corp, acquired Interface Displays & Controls Inc, an Oceanside-based manufacturer of printed circuit assemblies.
Ted's BulletinSalis Holdings LLCSalis Holdings LLC acquired Ted's Bulletin, a modern American diner with a 1920s/1930s art deco vibe in Washington DC.
Chesapeake Research Review LLCSchulman Associates Institutional Review Board IncSchulman Associates Institutional Review Board Inc merged with Chesapeake Research Review LLC, a Columbia-based professional organization, from Linden LLC.
Giaran INCShiseido Americas CorpShiseido Americas Corp, a unit of Shiseido Co Ltd, acquired Giaran Inc, a Brookline-based software publisher.
Mckinley CrossroadsShopone Centers Reit IncShopOne Centers Reit Inc acquired McKinley Crossroads, a mall sited on 13.89-acre land at 275 Teller Street in Corona, CA.
ResearchConnection Inc-LabSpot DivisionShore Group Associates LLCShore Group Associates LLC acquired the LabSpot division of Research Connection Inc, a New York-based internet portal operator.
Peach State Federal Credit UnionSoutheast Federal Credit UnionSoutheast Federal Credit Union plans to acquire the entire share capital of Lawrenceville-based Peach State Federal Credit Union.
Applied Voice & Speech Technologies IncStoneCalibre LLCStoneCalibre LLC acquired Applied Voice & Speech Technologies Inc, a Foothill Ranch-based manufacturer of wireless communications equipment, via a leveraged buyout transaction.
Supreme Airport ShuttleSupershuttle International INCVeolia Transportation Inc's unit Supershuttle International INC, acquired Supreme Airport Shuttle, a Gaithersburg-based provider of ground passenger transportation services.
ZoomSystems IncSwyft IncSwyft Inc acquired ZoomSystems Inc, a San Francisco-based online retailer.
Riddle & BloomTeall Investments LLCTeall Investments LLC acquired Riddle & Bloom, a San Francisco-based advertising agency, via a leveraged buyout transaction.
Motif IncTeleTech Holdings IncTeleTech Holdings Inc acquired a majority interest in Motif Inc, a San Mateo-based internet service provider.
Perbix Machine Co IncTesla IncTesla Inc agreed to acquire Perbix Machine Co Inc, a Golden Valley-based construction machinery manufacturer.
Hargis Industries LPThe Hillman Group IncThe Hillman Group Inc, a unit of The Hillman Cos Inc, plans to acquire Hargis Industries LP, a Tyler-based fasteners manufacturer.
T.N. Donnelly & CoThe Loan CosThe Loan Cos acquired T.N. Donnelly & Co, a Chicago-based provider of non-depository credit intermediation services.
ABC Financial Services INCThoma Bravo LLCThoma Bravo LLC plans to acquire ABC Financial Services Inc, a Sherwood-based software publisher, via a leveraged buyout transaction.
The Fresh Connection LLCTotal Produce PlcTotal Produce PLC of Republic of Ireland acquired a 50% interest in The Fresh Connection LLC, a Lafayette-based wholesaler of fresh fruits and vegetables.
Agrium Inc-Nitric Acid FacilityTrammo Nitrogen Products IncTrammo Inc's unit Trammo Nitrogen Products Inc agreed to acquire the Nitric Acid facility of Agrium Inc, a Calgary-based manufacturer of nitrogenous fertilizers. Concurrently, Agrium Inc agreed to sell its Phosphate production facility to Itafos.
Touax Modular Buildings USA LLCVesta Housing Solutions LLCVesta Housing Solutions LLC, a unit of Simon Group Holdings Ltd, acquired Touax Modular Buildings USA LLC, a Miami-based provider of modular building services.
Englewood EyecareVision Care SpecialistsVision Care Specialists acquired Englewood Eyecare, an Englewood-based optical goods retailer.
21st Century Fox-Entertainment AssetsWalt Disney CoWalt Disney Co is rumored to be planning to acquire the entertainment assets of 21st Century Fox, a New York-based producer of motion pictures and videos.
APCO IncWinsupply IncWinsupply Inc acquired APCO Inc, a Lansing-based wholesaler of plumbing and heating equipment and supplies.
BLRR CorpWOWIO IncWOWIO Inc plans to acquire the entire share capital of BLRR Corp, a provider of land subdivision services.
Team Unlimited LLCXterra Sports Unlimited LlcXterra Sports Unlimited LLC acquired Team Unlimited LLC, a Lakewood-based sports club.
Ethicare Advisors IncZelis HealthcareZelis Healthcare acquired Ethicare Advisors Inc, a Succasunna-based provider of administrative management and general management consulting services.
US M&A Deals Announced November 3 to November 9, 2017
Source: Thomson Reuters