TargetAcquirerValue ($millions)Synopsis
Aetna IncCVS Health Corp67,807.8CVS Health Corp definitively agreed to merge with Aetna Inc, a Hartford-based direct health and medical insurance carrier, for $ 207.936 per share or a total of $ 67.808 billion. The consideration would consist of $ 145 in cash and 0.8378 CVS common shares per Aetna common share. Based on CVS’ closing stock price of $ 75.12 on 01 December 2017, the last full trading day prior to the announcement, each Aetna share was valued at $ 207.936. Upon completion of the deal, CVS and Aetna will respectively own 78% and 22% of the merged entity. Originally, in October 2017, CVS was rumored to be planning to acquire the entire share capital of Aetna.
Davita Medical Holdings LLCOptum Inc4,900.0United Health Group Inc’s unit Optum Inc agreed to acquire the entire share capital of DaVita Medical Holdings LLC, a California-based owner and operator of physician network offices, from DaVita Inc, for about $ 4.9 billion in cash. Originally, in November 2017, Davita announced that it was seeking a buyer for Davita Medical.
Hartford Life IncHartford Life Inc SPV1,607.0Hartford Life Inc SPV, a special purpose acquisition vehicle jointly owned by Cornell Capital LLC, Atlas Merchant Capital LLC, TRB Advisors LP, Global Atlantic Financial Group Ltd of Bermuda, Pine Brook Road Partners LLC, and Grupo Safra SA of Brazil, definitively agreed to acquire Hartford Life Inc, a Simsbury-based life insurance services provider, for $ 1.607 billion via a leveraged buyout transaction from Hartford Holdings Inc, ultimately owned by The Hartford Financial Services Group Inc. The consideration would consist of $ 1.443 billion in cash and $ 164 million in stock. Originally, in June 2017, Atlas Merchant Capital LLC was rumored to be planning to acquire Hartford Life Inc.
General Cable Technologies CorpPrysmian SpA1,510.3Prysmian SpA of Italy definitively agreed to acquire the entire share capital of General Cable Technologies Corp, a Highland Heights-based manufacturer and wholesaler of copper, aluminum, fiber optic wire and cable products, for $ 30 in cash per share or a total of $ 1.51 billion in cash. Originally, in July 2017, General Cable announced that it was seeking a buyer for the company, with Prysmian, NKT A/S and Nexans SA named as potential bidders.
RSI Home Products IncAmerican Woodmark Corp1,075.0American Woodmark Corp definitively agreed to merge with RSI Home Products Inc, an Anaheim-based manufacturer of kitchen, bath and home storage products, for about $ 1.075 billion. The consideration would consist of an estimated $ 346 million in cash, $ 140 million in American Woodmark’s common shares and assumption of $ 589 million in liabilities.
ICL Israel Chemicals Ltd-Fire Safety & Oil Additives binessesSK Capital Partners LP1,000.0SK Capital Partners LP agreed to acquire the fire safety & oil additives binesses of Israel Chemicals Ltd (ICL), a Tel Aviv-based manufacturer and wholesaler of fertilizers ultimately owned by Israel Corp Ltd, for about $ 1 billion via a leveraged buyout transaction. Originally, in June 2017, ICL announced that it was seeking a buyer for its low synergies binesses.
Crane & Co IncCrane Co800.0Crane Co agreed to acquire the entire share capital of Crane & Co Inc, a Dalton-based stationery products manufacturer, from Lindsay Goldberg LLC for about $ 800 mil.
Anaren IncTTM Technologies Inc775.0TTM Technologies Inc definitively agreed to acquire the entire share capital of Anaren Inc, a Syrace-based manufacturer of wireless communications equipment, for about $ 775 million in cash from Veritas Capital Fund IV LP, ultimately owned by Veritas Capital Partners LP.
Fifth Creek Energy Operating Co LLCBill Barrett Corp649.0Bill Barrett Corp agreed to acquire the entire share capital of Fifth Creek Energy Operating Co LLC, a producer of crude petroleum and natural gas, for around $ 649 million via a stock swap transaction. The consideration would consist of $ 595 in common shares and assumption of $ 54 million in liabilities.
Entell Medical IncStryker Corp611.5Stryker Corp agreed to merge with Entell Medical Inc, a Plymouth-based medical devices manufacturer, for $ 24 per share or a total of $ 611.492 mil.
Totalbank Corp,Miami,FloridaCity National Bank of Florida Inc528.0Banco de Credito e Inversiones SA’s (BCI) unit City National Bank of Florida Inc agreed to acquire Totalbank Corp, a Miami-based bank holding company, for $ 528 million from Banco Popular Espanol SA, ultimately owned by Banco Santander SA. Originally, in Augt 2016, Banco Popular was rumored to be seeking a buyer for Totalbank.
TSheets.com LLCIntuit Inc340.0Intuit Inc agreed to acquire TSheets.com LLC, an Eagle-based provider of time tracking software, for about $ 340 million in cash.
Biovision IncNKY Biotech Inc288.0NKY Biotech Inc, a unit of Boai NKY Biotechnology Co Ltd, agreed to acquire the entire share capital of Biovision Inc, a Mountain View-based ophthalmic goods manufacturer, from Hoe & Tordrup for $ 288 mil.
Harpoon Medical IncEdwards Lifesciences Corp250.0Edwards Lifesciences Corp acquired the entire share capital of Harpoon Medical Inc, a Baltimore-based manufacturer of surgical appliances and supplies, for $ 250 million. The consideration consisted of $ 100 million in cash and up to $ 150 million in profit-related payment.
Imthera Medical IncLivaNova PLC225.0LivaNova PLC of the UK agreed to acquire the entire share capital of Imthera Medical Inc, a San Diego-based medical instruments manufacturer, for about $ 225 mil.
ConvergeOne Holdings CorpForum Merger Corp202.5Forum Merger Corp definitively agreed to merge with ConvergeOne Holdings Corp, an Eagan-based provider of computer systems design services, for $ 202.455 million from Clearlake Capital Group LP, ultimately owned by Reservoir Capital Group LLC. The consideration would consist of $ 99 million in cash pl up to $ 103.455 million in profit-related payments. Upon completion of the deal, Forum will change its name to ConvergeOne.
LPL Financial Carolinas Camp,Fort Mill,SCGriffin Capital Essential Asset REIT Inc130.0Griffin Capital Essential Asset REIT Inc, a unit of Griffin Capital Corp, acquired the two-building LPL Financial Carolinas Camp property in Fort Mill for $ 130 mil.
Flagship IncFox Factory Holding Corp53.4Compass Group Diversified Holdings LLC’s unit Fox Factory Holding Corp acquired an 80% interest in Flagship Inc, an Elkhart-based automobiles manufacturer, from DADI LLC for $ 53.4 million in cash. Concurrently, Fox Factory was granted an option to acquire the remaining 20% stake it does not already own in Flagship Inc.
Martinique Bay,Henderson,NVSecurity Properties Inc42.8Security Properties Inc acquired Martinique Bay, a 256-unit multifamily property in Henderson, for $ 42.75 mil.
Craft Brew Alliance Inc-Facility, Woodinville, WashingtonSound Commercial Investment Holdings LLC24.5Sound Commercial Investment Holdings LLC definitively agreed to acquire the Woodinville facility of Craft Brew Alliance Inc, a Portland-based brewery, for $ 24.5 mil.
Perplex LLCSpin Master Corp9.0Spin Master Corp of Canada acquired Perplex LLC, a Kaysville-based toys manufacturer, for $ 9 mil.
Active RS Holdings Inc-AssetApparel Production Services Global LLC8.0Apparel Production Services Global LLC, a unit of Oneworld Star International Holdings Ltd, ultimately owned by Shangying Global Co Ltd, plans to acquire the asset of Active RS Holdings Inc, a provider of financial investment services ultimately owned by Tengram Capital Partners Ars LLC, for $ 8 million. The assets would include goods, machinery equipment, computers, furniture and trademark related to sports.
Hometown Bancshares Inc,Carthage,MOGuaranty Federal Bancshares Inc4.6Guaranty Federal Bancshares Inc definitively agreed to acquire the entire share capital of Hometown Bancshares Inc, a Carthage-based commercial bank, for about $ 4.6 million in cash.
Be Tru OrganicsIsodiol International Inc2.0Isodiol International Inc of Canada agreed to acquire Be Tru Organics, a food supplement products retailer, for $ 2 million in common stock.
Breakthrough Tech Grp LlcABRY Partners LLCABRY Partners LLC acquired the majority interest in Breakthrough Technology Group LLC, a Morganville-based software publisher, via a leveraged buyout transaction.
Acta IncAdvanced Core ConceptsAdvanced Core Concepts of the UK acquired Acta Inc, a Torrance-based software publisher.
Aurora Health Care IncAdvocate Health CareAdvocate Health Care plans to acquire the remaining stake it does not already own in Aurora Health Care Inc, a Milwaukee-based hospital operator. Upon completion of the deal, the combined entity will be named as Advocate Aurora Health.
Lewellyn Technology IncAlign Capital Partners LLCAlign Capital Partners LLC acquired a majority interest in Lewellyn Technology Inc, a provider of facilities support services, via a leveraged buyout transaction.
Satterlee Leasing LLCAmerican NaturalAmerican Natural acquired Satterlee Leasing LLC, a Rochester Mills-based provider of machinery and equipment rental and leasing services.
Mavrix LLCAria Energy CorpAria Energy Corp acquired a 50% stake in Mavrix LLC, a producer of crude petroleum and natural gas.
CBM Pathology LLCAurora Diagnostics IncAurora Diagnostics Inc acquired CBM Pathology LLC, a Gaithersburg-based medical laboratory operator.
M/G Transport Services IncAuxo Investment Partners LLCAuxo Investment Partners LLC acquired M/G Transport Services Inc, a Metairie-based provider of bulk commodities transportation services, from Brooklyn NY Holdings LLC, via a leveraged buyout transaction.
Prometric IncBaring Private Equity Asia LtdBaring Private Equity Asia Ltd of Hong Kong, a unit of Baring Private Equity Partners Ltd, is rumored to be planning to acquire Prometric Inc, a Baltimore-based provider of computer systems design services, for around $ 1 billion from Educational Testing Service (ETS) via a leveraged buyout transaction.
Hibbett Team Sales Inc (Hibbett Sporting Goods)BSN SPORTS IncHerff Jones Inc’s unit BSN Sports Inc acquired Hibbett Team Sales Inc (Hibbett Sporting Goods), a Birmingham-based wholesaler of sporting and recreational goods and supplies, from Hibbett Sporting Goods Inc, ultimately owned by Hibbett Sports Inc.
Mckay & Carnahan Inc-Non Attest BinessCBIZ IncCBIZ Inc acquired a nonattest biness of McKay & Carnahan Inc, a Newport Beach-based certified public accountant’s office.
Coastal Salt & Soul LLCCelebrate Beauty Brands LLCCelebrate Beauty Brands LLC acquired Coastal Salt & Soul LLC, a San Diego-based cosmetics retailer.
Chestnut Place LLCCIM Group LPCIM Group LP acquired Chestnut Place LLC, a Chicago-based lessor of residential buildings and dwellings jointly owned by Golub & Co and AA Real Estate Co.
DeVry UniversityCogswell Education LLCCogswell Education LLC agreed to acquire Downers Grove-based DeVry University from Adtalem Global Education Inc.
Eye & Ear Clinic of Wenatchee IncConfluence HealthConfluence Health plans to acquire the Eye & Ear Clinic of Wenatchee Inc, a Wenatchee-based provider of clinical and surgical services.
Columbia Financial Services IncDeep Green Waste & Recycling LLCDeep Green Waste & Recycling LLC acquired Columbia Financial Services Inc, a Columbia City-based provider of machinery and equipment rental and leasing services.
Aspen Community LivingDungarvin IncDungarvin Inc acquired Aspen Community Living, a Roseville-based provider of services for the elderly and persons with disabilities.
Cypheriant LLCEntoro GroupEntoro Group, a unit of OFSCap LLC, acquired Cypheriant LLC, a commodity contracts dealer.
iCardiac Technologies InceResearchTechnology IncNordic Capital Fund VIII’s unit eResearchTechnology Inc acquired iCardiac Technologies Inc, a Rochester-based medical laboratory operator, from Norwest Venture Partners, owned by Wells Fargo & Co.
E-Stet LlcErnst & Young LLPErnst & Young LLP acquired E-Stet LLC, a Los Angeles-based provider of office administrative services.
Interactive Ticketing Solutions IncEtix IncEtix Inc acquired Seattle-based Interactive Ticketing Solutions Inc.
Stratford Ridge,Marietta,GeorgiaFederal Capital PartnersFederal Capital Partners acquired Stratford Ridge, a 446-unit apartment community in Marietta, GA.
Sunshine Financial IncFirst Bancshares Inc, Hattiesburg,MississippiFirst Bancshares Inc plans to acquire the entire share capital of Sunshine Financial Inc, a Tallahassee-based commercial bank, for around $ 32.1 mil.
Flagship IncFox Factory Holding CorpCompass Group Diversified Holdings LLC’s unit Fox Factory Holding Corp was granted an option to acquire the remaining 20% interest it does not already own in Flagship Inc, an Elkhart-based automobiles manufacturer. Concurrently, Fox acquired an 80% interest in Flagship Inc.
BlockFraudGameMine IncGameMine Inc acquired BlockFraud, a Santa Monica-based investigation services provider.
4Clicks Solutions LLCGordian IncGordian Inc acquired 4Clicks Solutions LLC, a Cheyenne-based software publisher.
Velocity Solutions IncHIG Capital LLCHIG Capital LLC acquired Velocity Solutions Inc, a Fort Lauderdale-based provider of ctom computer programming services, via a leveraged buyout transaction.
Calbay Investments IncHillis Financial Services Co LtdHillis Financial Services Co Ltd plans to acquire the remaining stake it does not already own in Calbay Investments Inc, a provider of financial investment services.
Megan Media LlcHispanicize Media Group LLCHispanicize Media Group LLC acquired Megan Media LLC, a San Francisco-based publisher.
Desert Empire Insurance Services IncHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired Palm Desert-based Desert Empire Insurance Services Inc.
Surety Services LLCHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired Surety Services LLC, a Timonium-based carrier of direct property and casualty insurance. Concurrently, Hub acquired the assets of Contractors Services Inc.
Contractors Services Inc-AssetsHub International LtdHellman & Friedman LLC’s unit Hub International Ltd acquired the assets of Contractors Services Inc, a Timonium-based direct property and casualty insurance carrier. Concurrently, Hub acquired Surety Services LLC.
CBI Consulting IncIBA Holdings LLCIBA Holdings LLC, a unit of Cortec Group Inc, acquired CBI Consulting Inc, a Boston-based provider of engineering services.
Alta Legacy OaksInland Real Estate Acquisitions IncThe Inland Real Estate Group of Cos Inc’s unit Inland Real Estate Acquisitions Inc acquired Alta Legacy Oaks, a 304-unit multifamily property in Knightdale, North Carolina.
Independent Technology Group LLCIntervision Systems Technologies IncIntervision Systems Technologies Inc acquired Independent Technology Group LLC, an Oak Park-based provider of computer systems design services.
Rsell Phillips & Associates IncJENSEN HUGHES IncGryphon Investors Inc’s unit JENSEN HUGHES Inc acquired Rsell Phillips & Associates Inc, a Fairport-based provider of administrative management and general management consulting services.
Safetynet IncJungle Disk IncJungle Disk Inc acquired Safetynet Inc, a Dallas-based provider of ctom computer programming services.
Mountain Life Insurance Co LtdKentucky Home Life Insurance CoKentucky Home Life Insurance Co plans to acquire the entire share capital of Mountain Life Insurance Co Ltd, an insurance agency.
Copsync Inc-AssetsKologikKologik acquired the assets of Copsync Inc, an Addison-based software publisher.
Time2track LLCLiaison International IncLiaison International Inc acquired Time2track LLC, a Florence-based leader in clinical training management.
Eco Waste & Recycling LlcMacau Capital Investments IncMacau Capital Investments Inc plans to acquire a 50% stake in Eco Waste & Recycling LLC, a sewage treatment facility operator.
Waterleaf Apartments,San Diego,CaliforniaMG Properties GroupMG Properties Group acquired Waterleaf Apartments, a 456-unit apartment community in Vista.
Inspira FS IncMillennium Trt Co LLCParthenon Capital Partners LLC’s unit Millennium Trt Co LLC acquired Inspira FS Inc, a Pittsburgh-based provider of financial investment services, from ABG Capital.
Superco Specialty Products IncMomar IncMomar Inc acquired Superco Specialty Products Inc, a Valencia-based wholesaler of chemical and allied products.
Chestnut Global Partners LLCMorneau Shepell IncMorneau Shepell Inc of Canada acquired Chestnut Global Partners LLC, a Bloomington-based provider of management consulting services, from the state-owned Chestnut Health Systems.
Seeit Solutions LLCMovilitas Consulting LLCMovilitas Holding GmbH’s unit Movilitas Consulting LLC acquired Seeit Solutions LLC, an Arlington Heights-based provider of computer systems design services.
Country Club Of Woodland HillNational Health Investors IncNational Health Investors Inc acquired The Country Club of Woodland Hills, a 200-unit independent living and assisted living community in Tulsa, Oklahoma.
Genysis Brand Solutions IncNellson Nutraceutical LLCNellson Nutraceutical LLC, a unit of Kohlberg & Co LLC, acquired Genysis Brand Solutions Inc, a Salt Lake City-based powder manufacturer.
We Are Kured LLCNew Age Farm IncNew Age Farm Inc of Canada signed a letter of intent to acquire We Are Kured LLC, a Denver-based drugs wholesaler, for around $ 1.15 mil.
ARBOC Specialty Vehicles LLCNew Flyer Indtries IncNew Flyer Indtries Inc of Canada acquired ARBOC Specialty Vehicles LLC, a Middlebury-based manufacturer of motor vehicle bodies.
LKQD Technologies IncNexstar Media Group IncNexstar Media Group Inc plans to acquire LKQD Technologies Inc, a Foothill Ranch-based advertising agency, for around $ 90 mil.
Staff One Hr IncOasis Outsourcing LLCOasis Outsourcing LLC, a unit of Stone Point Capital LLC, acquired Staff One HR Inc, a Dallas-based provider of human resources and executive search consulting services.
Intrapac International CorpONCAP Management Partners LPOnex Corp’s unit ONCAP Management Partners LP of Canada acquired Intrapac International Corp, a Mooresville-based manufacturer of specialty plastic packaging, from CI Capital Partners LLC via a secondary buyout transaction. Originally, CI acquired Intrapac.
Atoma LlcPDX Partners IncPDX Partners Inc acquired Atoma LLC, a Portland-based provider of administrative management and general management consulting services.
KidReports LLCProcare Software LLCProcare Software LLC acquired KidReports LLC, a Denver-based provider of web-based reporting system services.
Frequentz IncrfXcel CorprfXcel Corp acquired Frequentz Inc, a leading player in life science and food traceability.
JS Transportation(New York Regional Rail Corp)Rinchem Co IncRinchem Co Inc acquired the entire share capital of JS Transportation, a provider of long-distance freight trucking services, from New York Regional Rail Corp.
Spin-Works International CorpSaint Gobain-Abrasives IncCie de Saint-Gobain SA’s unit Saint Gobain-Abrasives Inc acquired Spin-Works International Corp, a North East-based heating equipment manufacturer.
Cunningham Lindsey Group IncSedgwick Claims Management Services IncSedgwick Claims Management Services Inc agreed to acquire Cunningham Lindsey Group Inc, a Tampa-based provider of claims and risk management services, from Stone Point Capital LLC.
305 Satellite Boulevard Data Center Complex,Suwanee,GAServer Farm Realty LlcServer Farm Realty LLC acquired a data center complex at 305 Satellite Blvd in Suwanee, Georgia.
Quoin Pharmaceuticals LimitedSkinvisible IncSkinvisible Inc plans to acquire the entire share capital of Quoin Pharmaceuticals Limited, a manufacturer of pharmaceutical preparations, for around $ 10 mil.
Madrone Software & Analytics IncSolovis LLCSolovis LLC acquired Madrone Software & Analytics Inc, a Corte Madera-based wholesaler of computer peripheral equipment and software.
Swift Prepaid Solutions IncSwift Prepaid Solutions Inc SPVSwift Prepaid Solutions Inc SPV, jointly owned by Silversmith Capital Partners and Bain Capital Ventures LLC, acquired Swift Prepaid Solutions Inc, a Buffalo Grove-based provider of financial transactions services, via a leveraged buyout transaction.
Freestate Bonds IncThe Warnock Agency IncGeneral Indemnity Group LLC’s unit The Warnock Agency Inc acquired Freestate Bonds Inc, an Upper Marlboro-based insurance agency.
JauntarooTravelPass GroupTravelPass Group acquired Jauntaroo, a travel planning and discovery website.
The Social At South FloridaVesper Holdings LLCVesper Holdings LLC acquired The Social at South Florida, a 560-bed community in Lutz.
North Texas Builders & Remodelers IncVictura Construction Group INCVictura Construction Group Inc signed a letter of intent to acquire North Texas Builders & Remodelers Inc, a residential builder and service provider.
Alliance Life Sciences Consulting Group IncWater Street Healthcare Partners LLCWater Street Healthcare Partners LLC acquired Alliance Life Sciences Consulting Group Inc, a Somerset-based provider of management consulting services, via a leveraged buyout transaction. Concurrently, Water Street acquired Health Strategies Group.
Health Strategies Group IncWater Street Healthcare Partners LLCWater Street Healthcare Partners LLC acquired Health Strategies Group Inc, a Lambertville-based provider of management consulting services, via a leveraged buyout transaction. Concurrently, Water Street acquired Alliance Life Sciences.
Audubon Savings Bank,audubon,new JerseyWilliam Penn Bancorp IncWilliam Penn Bancorp Inc definitively agreed to merge with Audubon Savings Bank, an Audubon-based savings institution.
Tacoma Electric Supply IncWinsupply IncWinsupply Inc acquired Tacoma Electric Supply Inc, a Puyallup-based wholesaler of electrical apparates and equipment, from Thompson Street Capital Partners LP.
Sattell Johnson Appel & CoWipfli LLPWipfli LLP acquired the remaining stake it did not already own in Sattell Johnson Appel & Co, a Milwaukee-based accounting firm.
Disq IncZeta Interactive CorpZeta Interactive Corp, a unit of Investcorp Technology Partners, acquired Disq Inc, a San Francisco-based provider of data processing and hosting services.
M&A Deals Announced December 1 to December 7, 2017
Source: Thomson Reuters