Dealmaking in November continued apace, with Glanbia's acquisition of Slim-Fast, Grubhub's deal for Tapingo and DSW's purchase of Camuto are among the transactions that closed. The mid-term elections were also top of mind. The private equity industry will focus on educating lawmakers newly elected in the mid-terms. Pam Hendrickson, the chief operating officer of middle-market private equity firm the Riverside Co., tells Mergers & Acquisitions in a Q&A: Post-election priority for private equity: educating nearly 100 new members of Congress. Matthew O’Loughlin, partner and co-chair of the mergers and acquisitions practice with Manatt, Phelps & Phillips LLP says momentum in the middle market is likely to continue. See: It's been a good year for M&A. Will momentum continue post election?
Key Middle-Market M&A Deals Completed in November 2018 | |||
Date | Acquirer | Target | Target Industry |
11/02/18 | Eagleclaw Midstream Svcs Llc | Caprock Midstream LLC | Oil and Gas; Petroleum Refining |
11/08/18 | Invesco Real Estate Ltd | URW-Capital 8 | Real Estate; Mortgage Bankers and Brokers |
11/02/18 | Repsol S.A. | Viesgo-Low-Emissions Asts | Electric, Gas, and Water Distribution |
11/23/18 | Shareholders | Nyfosa AB | Investment & Commodity Firms,Dealers,Exchanges |
11/09/18 | Contura Energy Inc | Alpha Natural Resources Inc | Mining |
11/01/18 | Capitaland Mall Trust | Infinity Mall Tr | Investment & Commodity Firms,Dealers,Exchanges |
11/01/18 | Toronto-Dominion Bank | Greystone Capital Management | Insurance |
11/27/18 | Investor Group | Multifamily Portfolio,NC(8) | Real Estate; Mortgage Bankers and Brokers |
11/07/18 | Enefit Green AS | Nelja Energia AS | Electric, Gas, and Water Distribution |
11/27/18 | Ningbo Urban Tourism Invest | Ningbo Chengtou Ppty Co Ltd | Real Estate; Mortgage Bankers and Brokers |
11/15/18 | Helaba Invest | Aif Beos Corporate Re Fund | Investment & Commodity Firms,Dealers,Exchanges |
11/02/18 | Hyeonjong Pk | Fran Svcs Asia Ltd | Business Services |
11/01/18 | AMETEK Inc | Telular Corp | Communications Equipment |
11/28/18 | Qixing Furture (Tianjin) Educ | Beijing My Gym Educ Tech Co | Social Services |
11/08/18 | Orsted A/S | Deepwater Wind | Electric, Gas, and Water Distribution |
11/01/18 | HP Inc | Apogee Corp Ltd | Business Services |
11/27/18 | Gurnet Point Capital Ltd | Corium International Inc | Drugs |
11/30/18 | Cigna Corp | OnePath Life(NZ)Ltd | Insurance |
11/15/18 | Brooks Automation Inc | Genewiz Inc | Business Services |
11/01/18 | Enable Midstream Partners LP | Velocity Holdings LLC | Oil and Gas; Petroleum Refining |
11/01/18 | Applegreen PLC | Appia Group Ltd | Retail Trade-Eating and Drinking Places |
11/12/18 | Computershare Ltd | Equatex AG | Prepackaged Software |
11/29/18 | Swire Pacific Ltd | Hong Kong Aircraft | Business Services |
11/07/18 | Centuria Capital Ltd | Hines Global REIT-Buildings(3) | Real Estate; Mortgage Bankers and Brokers |
11/13/18 | Investor Group | Atton Hoteles SA | Hotels and Casinos |
11/13/18 | Sodra | Bergvik Skog SIA,Ruda SIA | Agriculture, Forestry, and Fishing |
11/16/18 | Elite UK Commercial Ltd | Telereal Trillium-Hayhill Port | Real Estate; Mortgage Bankers and Brokers |
11/02/18 | Vonage Holdings Corp | NewVoiceMedia Ltd | Business Services |
11/19/18 | Glanbia PLC | Slim-Fast Foods Co | Food and Kindred Products |
11/07/18 | Investor Group | Mega-Info Media Co Ltd | Advertising Services |
11/26/18 | Canopy Growth Corp | ebbu LLC | Drugs |
11/20/18 | Lagardere Travel Retail SASU | Hojeij Branded Foods Inc | Retail Trade-Eating and Drinking Places |
11/12/18 | Celestica Inc | Impakt Holdings LLC | Electronic and Electrical Equipment |
11/05/18 | Cerberus Capital Management LP | TE Connectivity-Subsea Comms b | Construction Firms |
11/13/18 | Mande Invest Co Ltd | Microlife Corp | Measuring, Medical, Photo Equipment; Clocks |
11/23/18 | Robinsons Retail Holdings Inc | Rustans Supercenters Inc | Retail Trade-Food Stores |
11/06/18 | DSW Inc | Camuto Group Inc | Leather and Leather Products |
11/15/18 | Valero Renewables Fuels Co LLC | Green Plains Inc-Plants(3) | Chemicals and Allied Products |
11/15/18 | Landcadia Holdings Inc | Waitr Inc | Prepackaged Software |
11/29/18 | Prudential Property Investment | Highcross Shopping Centre | Real Estate; Mortgage Bankers and Brokers |
11/16/18 | PayPal Holdings Inc | Hyperwallet Systems Inc | Business Services |
11/09/18 | Matlin & Partners Acq Corp | US Well Services LLC | Oil and Gas; Petroleum Refining |
11/19/18 | Empsa Nacl De Energia Enex SA | Road Ranger LLC | Retail Trade-Food Stores |
11/20/18 | HH CT Hldg Ltd | Genor Biopharma | Drugs |
11/15/18 | Banco Bilbao Vizcaya | Merlin Ppty Socimi Sa-Bk(166) | Commercial Banks, Bank Holding Companies |
11/26/18 | POSCO Co Ltd | Galaxy Resources-Salar Del Hom | Mining |
11/27/18 | Castellana Ppty SOCIMI SA | Morzal Properties Iberia SL | Investment & Commodity Firms,Dealers,Exchanges |
11/30/18 | SP Plus Corp | Baggage Airline Guest Svcs | Air Transportation and Shipping |
11/30/18 | Chifeng Jilong Gold Mining Co | Mmg Laos Hldg Ltd | Investment & Commodity Firms,Dealers,Exchanges |
11/26/18 | Grupa Azoty SA | Goat Topco Gmbh | Agriculture, Forestry, and Fishing |
11/01/18 | Ascential PLC | Flywheel Digital LLC | Business Services |
11/01/18 | Continental AG | Tyre & Auto Pty Ltd | Repair Services |
11/15/18 | Tidewater Inc | GulfMark Offshore Inc | Oil and Gas; Petroleum Refining |
11/09/18 | Yifeng Pharmacy Chain Co Ltd | Shijiazhuang Xinxing Chain | Miscellaneous Retail Trade |
11/14/18 | Agilent Technologies Inc | Acea Biosciences Inc | Measuring, Medical, Photo Equipment; Clocks |
11/30/18 | Global Bank Corp | Banco Panameno de la Vivienda | Commercial Banks, Bank Holding Companies |
11/01/18 | Lime Rock Resources | Conocophillips Co-Barnett | Oil and Gas; Petroleum Refining |
11/01/18 | Carr Ppty Inc | Newmark Group Inc-200 State St | Real Estate; Mortgage Bankers and Brokers |
11/30/18 | Ence Energia SL | Iberdrola Energia Puertollano | Electric, Gas, and Water Distribution |
11/21/18 | Skyline Renewables Llc | NJR Clean Energy Ventures-117 | Electric, Gas, and Water Distribution |
11/22/18 | Aurora Cannabis Inc | ICC Labs Inc | Drugs |
11/05/18 | Huadong Medicine Aesthetics In | Sinclair IS Pharma PLC | Drugs |
11/15/18 | Citrix Systems Inc | Sapho Inc | Prepackaged Software |
11/01/18 | John Wiley & Sons Inc | The Learning House Inc | Educational Services |
11/27/18 | Shaanxi Yanchang Petro Chem | Beijing Petrochem Engineering | Business Services |
11/07/18 | Charter Hall Group | QIC Ltd-61 Mary Street Brisban | Real Estate; Mortgage Bankers and Brokers |
11/01/18 | Banner Corp | Skagit Bancorp Inc | Commercial Banks, Bank Holding Companies |
11/01/18 | Investor Group | Meredith Corp-Time Media Brand | Printing, Publishing, and Allied Services |
11/27/18 | AMETEK Inc | Spectro Scientific Inc | Measuring, Medical, Photo Equipment; Clocks |
11/09/18 | DR Horton Inc | Wport Homes Inc-Homebldg Op | Construction Firms |
11/09/18 | Grupo Catalana Occidente SA | Antares SA | Insurance |
11/20/18 | Growthpoint Ppty Australia Ltd | 100 Skyring Terrace | Real Estate; Mortgage Bankers and Brokers |
11/30/18 | Gas Services NZ Midco Ltd | Rockgas Ltd | Wholesale Trade-Nondurable Goods |
11/27/18 | Investor Group | KidsFoundation Holdings | Social Services |
11/06/18 | Quest Diagnostics Inc | Oxford Immunotec-lab svcs busi | Health Services |
11/13/18 | Maple Leaf Foods Inc | Les Produits Alimentaires Viau | Food and Kindred Products |
11/16/18 | Guangdong Dowstone Tech Co Ltd | Guangdong Jiana Energy Tech | Metal and Metal Products |
11/01/18 | Edgewater Technology Inc | Alithya Consulting Inc | Business Services |
11/05/18 | Yuan Longping High-Tech | Beijing Lantron Seed Corp | Agriculture, Forestry, and Fishing |
11/23/18 | North American Constr Group | Aecon Grp-Contract Mining Bus | Mining |
11/05/18 | Chilena Consolidada Seguros | Euroamerica Administradora | Insurance |
11/24/18 | Investor Group | Xinjiang Zhongtai Finl | Credit Institutions |
11/07/18 | Grubhub Inc | Tapingo Inc | Prepackaged Software |
11/05/18 | KLX Energy Svcs LLC | Motley Services Inc | Oil and Gas; Petroleum Refining |
11/23/18 | Cynergy Capital Ltd | Bank of Cyprus UK Ltd | Commercial Banks, Bank Holding Companies |
11/01/18 | AquaVenture Holdings Ltd | AUC Acquisitions Holdings LLC | Sanitary Services |
11/27/18 | DEPA | Attiki Gas Distribution Co SA | Electric, Gas, and Water Distribution |
11/01/18 | Dunes Point Capital LLC | Foundation Bldg Matl-Mech | Wholesale Trade-Durable Goods |
11/30/18 | Wuhu Ningzhong Auto Parts | Wuhu Shunrong Auto Parts Co | Electronic and Electrical Equipment |
11/23/18 | Zhejiang Starry Pharm Co Ltd | Zhejiang Hisyn Pharm Co Ltd | Drugs |
11/06/18 | General American Capital Partn | FC Girondins de Bordeaux | Amusement and Recreation Services |
11/09/18 | NVC Lighting Holding Ltd | Elec-Tech Solid State | Electronic and Electrical Equipment |
11/08/18 | Forescout Technologies Inc | SecurityMatters BV | Prepackaged Software |
11/06/18 | Longfellow RE Partners LLC | Parallel Cap Part-Sorrento(12) | Real Estate; Mortgage Bankers and Brokers |
11/15/18 | GSL Sub One LLC | Poseidon Containers Hldg LLC | Transportation and Shipping (except air) |
11/06/18 | E*TRADE Financial Corp | Capital One Finl Corp- Ret | Real Estate; Mortgage Bankers and Brokers |
11/30/18 | Asahi Kasei Homes Corp | Erickson Construction Co Inc | Construction Firms |
11/27/18 | AEW Capital Management LP | 19 Harris Street,Pyrmont | Real Estate; Mortgage Bankers and Brokers |
11/07/18 | Velvet Energy Ltd | Iron Bridge Resources Inc | Oil and Gas; Petroleum Refining |
11/24/18 | Severn-Cultivation Hotel Mgmt | Tibet Tourism Co Ltd-Assets | Hotels and Casinos |
Source: Thomson Reuters