TargetAcquirerValue ($millions)Synopsis
Express Scripts Holding CoCigna Corp69,770.2Cigna Corp definitively agreed to acquire the entire share capital of Express Scripts Holding Co, a St. Louis-based provider of pharmacy benefit management services, for USD 69.77 bil. The consideration will consist of USD 48.75 in cash and 0.243 common shares per Express Scripts common share, and the assumption of USD 15 bil in liabilities. Based on Cigna's closing stock price of USD 194.25 on 7 March 2018, the last full trading day prior to the announcement, each Express Scripts share was valued at USD 96.03. Upon completion of the deal, Cigna and Express Scripts shareholders will respectively own 64% and 36% of the combined entity.
Nordstrom IncInvestor Group5,746.6An investor group, comprising Blake W. Nordstrom, Peter E. Nordstrom, Erik B. Nordstrom, James F. Nordstrom, and Anne E. Gittinger, plans to launch a tender offer to acquire the remaining 68.67% stake or 114.391 mil common shares it does not already own in Nordstrom Inc, a Seattle-based owner and operator of apparel, shoes and accessories stores, for USD 50 in cash per share or a total of USD 5.747 bil.
Stevens Holding Co IncAltra Industrial Motion Corp2,961.0Fortive Corporation has entered into a definitive agreement to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion Corp in a tax-efficient transaction, creating a pure-play firm in the power transmission and motion control market. Total consideration to Fortive and its shareholders is approximately USD 3bil, including USD 1.4bil in cash proceeds and debt reduction for Fortive and 35 million newly issued Altra common shares to Fortive’s shareholders, valued at approximately USD 1.6bil based on the 20-day volume weighted average stock price of Altra shares.
Sands Casino Resort,Bethlehem,PennsylvaniaWind Creek Hospitality1,300.0Wind Creek Hospitality agreed to acquire the Sands Casino Resort in Bethlehem from Las Vegas Sands Corp for USD 1.3 bil.
ABILITY Network IncInovalon Holdings Inc1,200.0Inovalon Holdings Inc definitively agreed to merge with ABILITY Network Inc, a Minneapolis-based provider of computer facilities management services, from Summit Partners LP for about USD 1.2 bil. The consideration will consist of USD 1.1 bil in cash and issuance of 7.6 mil restricted common shares valued at USD 100 mil. Originally, in February 2017, Ability was rumored to be seeking a buyer for the company.
CommerceHub IncCommerceHub Inc SPV1,056.3CommerceHub Inc SPV, jointly owned by GTCR LLC and Sycamore Partners LLC, definitively agreed to acquire the entire share capital of CommerceHub Inc, an Albany-based provider of internet services, for USD 22.75 in cash per share or a total of USD 1.056 bil.
Kensho Technologies IncS&P Global Inc550.0S&P Global Inc agreed to acquire Kensho Technologies Inc, a Cambridge-based software publisher, for USD 550 mil in cash and common shares. The consideration would consist of cash and common stock.
United Subcontractors IncTopBuild Corp475.0Masco Corp's unit TopBuild Corp definitively agreed to acquire United Subcontractors Inc, a St. Paul-based drywall and insulation contractor, from Trilantic Capital Management LP for about USD 475 mil in cash.
Infineon Technologies AG-Certain Assets of Radio Frequency Power BusinessCree Inc425.6Cree Inc acquired certain assets of the Radio Frequency Power Business of Infineon Technologies AG, a Neubiberg-based manufacturer of semiconductors and related devices, for about USD 425.558 mil in cash.
CRIC2 Funds LLC-Gartner I & Gartner II Class A Office BuildingsGreat Elm Capital Group Inc61.0Great Elm has partnered with CRIC2 Funds to recapitalize the Gartner I and Gartner II Class A office buildings and associated property in Fort Myers, Florida.

Under this deal, Great Elm will acquire an 80.1% stake in the property for a capital outlay of about USD 3mil. The total value of the transaction is USD 61mil, with USD 57.5mil of non-recourse debt remaining on the property. Currently, the property is leased, on a triple net basis, to Gartner until March 31, 2030, which may be extended as agreed.
Beacon Hotel,Washington,DCRockpoint Group LLC39.0Rockpoint Group LLC acquired the 199-room Beacon Hotel in Washington DC from Capital Hotels & Suites for USD 39 mil via a leveraged buyout transaction.
Trans World CorpFEC Investment (US) Ltd38.7FEC Overseas Investment (UK) Ltd's unit FEC Investment (US) Ltd agreed to acquire the entire share capital of Trans World Corp, a New York-based casino operator, for USD 4.1 per share or a total of USD 38.69 mil.
Cranberry Square Shopping CenterInvestor Group23.5An investor group, comprising M&J Wilkow LTD and Alto Real Estate Funds, acquired the 141,450 sq ft Cranberry Square Shopping Center in Westminster from Saul Centers Inc for USD 23.5 mil.
Namesilo LlcBrisio Innovations Inc9.5Brisio Innovations Inc of Canada agreed to acquire the entire share capital of Namesilo LLC, a Phoenix-based provider of custom computer programming services, for USD 9.512 mil.
Ricardo PLC-Chicago technical facilityPower Solutions International Inc5.5Power Solutions International Inc agreed to acquire the Chicago technical facility of Ricardo PLC, a West Sussex-based provider of engineering services, for USD 5.5 mil.
Earth Born Inc-Irie CBD Product LineFreedom Leaf Inc0.7Freedom Leaf Inc definitively agreed to acquire the Irie CBD product line of Earth Born Inc, a San Diego-based manufacturer of medicinals and botanicals, for about USD 0.711 mil. The transaction would consist of USD 0.4 mil in cash and an estimated 1.8 mil Freedom common shares valued at USD 0.311 mil.
Thrudermic LLCPivot Pharmaceuticals Inc0.6Pivot Pharmaceuticals Inc of Canada plans to acquire the entire share capital of Thrudermic LLC, a Wilmington-based biological products manufacturer, in exchange for 0.5 mil Pivot common shares valued at USD 0.625 mil. The shares were valued based on Pivot's closing stock price of USD 1.25 on 5 March 2018, the last full trading day prior to the announcement.
Recoil Energy Systems LLCAce Gathering Holdings LLCAce Gathering Holdings LLC acquired Recoil Energy Systems LLC, a Trent-based producer of crude petroleum and natural gas.
Aronson Security GroupAdt IncADT Inc acquired Aronson Security Group (ASG), a Seattle-based provider of security systems services.
Med AdvantageAdvantum Health LLCAdvantum Health LLC acquired Med Advantage, an Orlando-based provider of data processing and hosting services.
Bluelounge Pte LtdAdvantus CorpAdvantus Corp acquired Bluelounge Pte Ltd, a Pasadena-based manufacturer of fiber optic cables.
Advanced Analytical Technologies IncAgilent Technologies IncAgilent Technologies Inc plans to acquire Advanced Analytical Technologies Inc, an Ames-based biological products manufacturer.
Benefit Planning Services LLCAlera Group IncAlera Group Inc acquired Benefit Planning Services LLC, a Norwalk-based insurance agency. The transaction included IMG Benefits Group LLC.
IMG Benefits Group LLCAlera Group IncAlera Group Inc acquired IMG Benefits Group LLC, a Houston-based insurance agency.
PF Eastern NC LLCAltamont Capital Partners LLCAltamont Capital Partners LLC acquired PF Eastern NC LLC, an operator of fitness and recreational sports center, from Planet Fitness Inc via a leveraged buyout transaction.
Wild Things LLCAsgard Partners & Co LLCAsgard Partners & Co LLC acquired Wild Things LLC, a Middletown-based manufacturer of technical outerwear and gear, from Mission Ready Services Inc.
Manufacturing & Distribution Facility,Sacramento,CAAxalta Coating Systems LtdAxalta Coating Systems Ltd acquired a manufacturing and distribution facility in Sacramento, CA.
Graffiti Entertainment LLCAzure Holding Group CorpAzure Holding Group Corp acquired Graffiti Entertainment LLC, a Redwood City-based software publisher, from Signetics Corp.
Plixer LLCBattery Ventures LPBattery Ventures LP acquired Plixer LLC, a Kennebunk-based software publisher, via a leveraged buyout transaction.
Casterline Associates PCBDO USA LLPBDO International Ltd's unit BDO USA LLP acquired Casterline Associates PC, a Valley Forge-based accounting firm.
CartedBell Media LLCBell Media LLC acquired Carted, an online shopping and digital marketing provider for grocers.
Molecular Response LLCBioDuro LLCBridgeWest LLC's unit BioDuro LLC acquired Molecular Response LLC, a San Diego-based provider of biotechnology research and development services.
Veloxint CorpBraidy Industries IncBraidy Industries Inc acquired the entire share capital of Veloxint Corp, a Framingham-based non-ferrous metals processor.
The Frontier Group UsaCareer Management PartnersCareer Management Partners plans to merge with The Frontier Group USA, a provider of human resources and executive search consulting services based in Peachtree Corners.
Community Medical Holdings CorpCentene CorpCentene Corp definitively agreed to acquire Community Medical Holdings Corp, a North Miami Beach-based provider of ambulatory health care services.
Abaca LlcCGX Life Sciences IncMPX Bioceutical Corp's unit CGX Life Sciences Inc plans to acquire the entire share capital of Abaca LLC, a Texas-based pharmaceutical preparations manufacturer, for about USD 15 mil.
Engage2Excel IncComvest PartnersComvest Partners acquired Engage2Excel Inc, a Statesville-based provider of human resources and executive search consulting services, from Gridiron Capital LLC via a leveraged buyout transaction.
Octiv IncCongaConga, a unit of Insight Venture Partners LLC, plans to acquire Octiv Inc, a Berkeley-based software publisher, from Plantronics Inc.
Zia Concrete Supply Co IncConstruction Supply Holdings LLCConstruction Supply Holdings LLC, a unit of The Sterling Group LP, acquired Zia Concrete Supply Co Inc, an Albuquerque-based retailer.
Alphacorp IncConvergint Technologies LLCAres Management LP's unit Convergint Technologies LLC acquired Alphacorp Inc, a West Valley City-based provider of data processing and hosting services.
OG GROUP LLCCorix Bioscience IncCorix Bioscience Inc plans to acquire a 60% stake in OG GROUP LLC, a Merritt Island-based operator of cannabis distillery and refinery space.
Read Window Products IncCulp IncCulp Inc plans to acquire Read Window Products Inc, a Knoxville-based home furnishing wholesaler.
KeyPoint Government SolutionsDXC Technology CoDXC Technology Co plans to acquire the remaining stake it does not already own in KeyPoint Government Solutions, a Loveland-based provider of security systems services. Concurrently, DXC also plans to merge with Vencore Holding Corp.
Vencore Holding CorpDXC Technology CoDXC Technology Co plans to acquire the remaining stake it does not already own in Vencore Holding Corp, a Chantilly-based provider of financial investment services, via a three-way merger. Concurrently, DXC also plans to merge with Keypoint Government Solutions.
SoCore Energy LLCENGIE North America IncENGIE North America Inc agreed to acquire SoCore Energy LLC, a Chicago-based electric power distributor, from Edison International Corp.
OmniClaim IncEquian LLCEquian LLC, a unit of New Mountain Capital LLC, acquired OmniClaim Inc, a Woburn-based provider of overpaid claims recovery services.
VE Global Solutions LLCEVOCA SpALone Star Funds's unit EVOCA SpA of Italy acquired VE Global Solutions LLC, a Cleveland-based wholesaler of electronic appliances.
National Bearings CoFenner PLCFenner PLC of the UK acquired National Bearings Co, a Lancaster-based bearings manufacturer.
Cablemasters CorpFocus Universal IncFocus Universal Inc plans to acquire Cablemasters Corp, an Erie-based electrical contractor.
Valor Bank- Certain AssetsFrazer BankFrazer Bank, a unit of First Altus Bancorp Inc, plans to acquire certain assets of Valor Bank, a Grandfield-based commercial bank ultimately owned by First of Grandfield Corp.
Green RoomGreen Spirit Industries IncGreen Spirit Industries Inc plans to acquire Green Room, a retail store front cannabis operation in Mendocino County.
Central Wisconsin Senior Care PortfolioGriffin-American Healthcare Reit IV IncGriffin-American Healthcare Reit IV Inc acquired two properties under the Central Wisconsin Senior Care Portfolio in Waunakee with a total of 254 beds for around USD 22.6 mil.
American Management Association International-AMACOMHarperCollins Publishers LLC21st Century Fox Inc's unit HarperCollins Publishers LLC has acquired the trade book assets of AMACOM from the American Management Association International (AMA). HarperCollins will take over all front list and backlist publication, sales, distribution, and licensing of the more than 600 books in AMACOM's catalog.
CaerVision Corp-Digital AssetsHealth Media Network LLCHealth Media Network LLC acquired the digital assets of CaerVision Corp, a Frederick-based provider of research and development services. Concurrently, HMN acquired the digital assets of Healthcare News Network LLC and iPort Media LLC.
Healthcare News Network LLC-Digital AssetsHealth Media Network LLCHealth Media Network LLC (HMN) acquired the digital assets of Healthcare News Network LLC, a Cape Coral-based internet portal operator. Concurrently, HMN acquired the digital assets of iPORT Media LLC and CaerVision Corp.
iPort Media LLC-Digital AssetsHealth Media Network LLCHealth Media Network LLC (HMN) acquired the digital assets of iPort Media LLC, a Chicago-based provider of marketing consulting services. Concurrently, HMN acquired the digital assets of Healthcare News Network LLC and CaerVision Corp.
Team Car Care LLCHeartland Automotive Services Inc SPVHeartland Automotive Services Inc SPV, jointly owned by Wynnchurch Capital LLC and Mid-Atlantic Lubes Inc, acquired Heartland Automotive Services Inc, an Irving-based provider of automotive repair services, via a leveraged buyout transaction from Heartland Automotive Services Holdings Inc, ultimately owned by Sun Capital Partners Inc.
Gibraltar Business Capital LLCHercules Capital IncHercules Capital Inc acquired the entire share capital of Gibraltar Business Capital LLC, a Northbrook-based financing services provider.
Leitao Insurance IncHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired Ludlow-based Leitao Insurance Inc.
Rubino Enterprises IncHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired Rubino Enterprises Inc, an Arlington-based insurance agency.
Gateway Hospitality Group Inc-Management PlatformInterstate Hotels & Resorts IncKohlberg & Co LLC's unit Interstate Hotels & Resorts Inc acquired the management platform of Gateway Hospitality Group Inc, a Twinsburg-based hotel operator.
TeamPassword IncJungle Disk IncJungle Disk Inc acquired TeamPassword Inc, a Baltimore-based software publisher.
Rockhill Insurance Group-General Liability & Gas & Propane Distribution BusinessK2 Insurance Services LLCK2 Insurance Services LLC acquired the General Liability and Gas & Propane Distribution business of Rockhill Insurance Group, a Kansas City-based direct property and casualty insurance carrier ultimately owned by State Automobile Mutual Insurance Co.
Dahlicious LlcKeen Growth Capital Advisors LLCKeen Growth Capital Advisors LLC acquired Dahlicious LLC, a Leominster-based fluid milk manufacturer, via a leveraged buyout transaction.
Heartland Dental Care LLCKKR & Co LPKKR & Co LP definitively agreed to acquire a majority interest in Heartland Dental Care LLC, an Effingham-based provider of office administrative services, via a secondary buyout transaction from Teachers' Private Capital (TPC), ultimately owned by Ontario Teachers' Pension Plan. Originally, TPC acquired a majority interest in Heartland.
THG CorpKLX IncKLX Inc acquired THG Corp, a Northborough-based wholesaler of industrial supplies.
CryptobontixKnight Financial Products (Knight Trading Group Inc)Knight Financial Products, a unit of Knight Trading Group Inc, plans to acquire Cryptobontix, a provider of financial transactions services.
Mesirow Advanced Strategies IncLighthouse Investment Partners LLCNavigator Global Investments Ltd's unit Lighthouse Investment Partners LLC definitively agreed to acquire Mesirow Advanced Strategies Inc, a Chicago-based investment advisor, from Mesirow Financial Holdings Inc, ultimately owned by Roosevelt Investment Group Inc.
Altai Partners LLCLineage Grow Co LtdLineage Grow Company Ltd of Canada plans to acquire the entire share capital of Altai Partners LLC, a provider of crop production services.
Builder's Glass & Hardware IncMajestic Kitchen & Bath CreationsMajestic Kitchen & Bath Creations acquired Builder's Glass & Hardware Inc, a Wilmington-based flat glasses manufacturer.
Componex CorpMaxcess International Holding CorpMaxcess International Holding Corp acquired Componex Corp, an Edgerton-based manufacturer of aluminum extruded products.
Traust Sollus Wealth Management LLCMercer Advisors IncGenstar Capital LLC's unit Mercer Advisors Inc acquired Traust Sollus Wealth Management LLC, a New York City-based wealth management firm.
HAPPY Software IncMRI Software LLCMRI Software LLC, a unit of GI Partners LLP, acquired HAPPY Software Inc, a Saratoga Springs-based software publisher.
CRG EventsOpus Events AgencyOpus Events Agency acquired CRG Events, a highly respected Seattle-based event management agency.
BeneFLEX HR Resources IncPaylocity Holding CorpPaylocity Holding Corp acquired BeneFLEX HR Resources Inc, a Louis-based provider of human resources and executive search consulting services.
SheKnows LLCPenske Media CorpPenske Media Corp acquired SheKnows LLC, a Scottsdale-based internet portal operator, from AtomicOnline LLC.
Haleakala Solar IncPetersen-Dean IncPetersen-Dean Inc acquired Haleakala Solar Inc, an Aiea-based alternative energy sources establishment.
Energy Services International LtdPetrolink USA LLCPetrolink USA LLC acquired Energy Services International Ltd, a Seabrook-based wholesaler of chemical and allied products, from Parman Capital Investments Inc.
ARxCare LLCPharmScript LLCPharmScript LLC acquired ARxCare LLC, a Pembroke-based drug store operator. Concurrently, PharmScript acquired Vinze Pharmacare Inc.
Vinze Pharmacare IncPharmScript LLCPharmScript LLC acquired Vinze Pharmacare Inc, a Columbus-based drug store operator. Concurrently, PharmScript acquired ARxCare LLC.
Sculpt Fusion YogaPoint Loma Yoga LLCPoint Loma Yoga LLC acquired Sculpt Fusion Yoga, a Carmel Valley-based fitness and recreational sports center operator.
Chicago Technology AdvisorsPorcaro Stolarek Mete Partners LLCPorcaro Stolarek Mete Partners LLC acquired Chicago Technology Advisors, a Chicago-based provider of marketing consulting services.
Smart ERP Solutions IncProvade IncPinnacle Technical Resources Inc's unit Provade Inc acquired Smart ERP Solutions Inc, a software publisher.
HCR ManorCare IncQuality Care Properties IncQuality Care Properties Inc agreed to acquire the entire share capital of the bankrupt HCR ManorCare Inc, a Toledo-based nursing care facility operator, from The Carlyle Group LLC, ultimately owned by The Carlyle Group LP.
Treat Bake Shop LLCQuince & Apple LLCQuince & Apple LLC acquired Treat Bake Shop LLC, a Milwaukee-based commercial bakery.
Central Bank & Trust Co,Hutchinson,KansasRCB Holding Co IncRCB Holding Co Inc plans to acquire Central Bank & Trust Co, a Hutchinson-based commercial bank.
CyberDeadbolt-AssetsRivetz CorpRivetz Corp acquired the assets of CyberDeadbolt, a software publisher.
OPC Pest Control Services IncRollins IncRollins Inc acquired OPC Pest Control Services Inc, a Louisville-based provider of exterminating and pest control services.
Group Mobile International LLCRoute1 IncRoute1 Inc of Canada plans to acquire Group Mobile International LLC, a Chandler-based wholesaler of electronic parts and equipment.
DermOne LLC-New Jersey Offices(9)Schweiger Dermatology Group PLLCSchweiger Dermatology Group PLLC acquired 9 New Jersey offices from DermOne LLC, a Manahawkin-based medical firm.
Axa Equitable Holdings IncShareholdersAXA SA was rumored to be planning to spin-off AXA Equitable Holdings Inc, a New York City-based insurance agency, to its shareholders.
NanGate IncSilvaco IncSilvaco Inc acquired NanGate Inc, a Santa Clara-based software publisher.
GUND IncSpin Master CorpSpin Master Corp of Canada acquired GUND Inc, an Edison-based manufacturer of dolls and stuffed toys.
Advantage Funding Management Co IncSterling National Bank,Montebello,New YorkSterling Bancorp's unit Sterling National Bank definitively agreed to acquire the entire share capital of Advantage Funding Management Co Inc, a Lake Success-based provider of sales financing services, from Macquarie Group Ltd.
EmergiNet LLC-clinical operations businessTeam Health Holdings IncBlackstone Group LP's unit Team Health Holdings Inc acquired the clinical operations business of EmergiNet LLC, an Atlanta-based nursing care facility operator.
Chesapeake Energy Corp-Louisiana Drilling FieldsTellurian IncTellurian Inc is rumored to be planning to acquire the Louisiana drilling fields of Chesapeake Energy Corp, an Oklahoma City-based oil and gas exploration and production company, for around USD 2 bil.
Zagat Survey LLCThe Infatuation IncThe Infatuation Inc agreed to acquire Zagat Survey LLC, a New York-based provider of online survey-based dining and travel information services, from Google Inc, ultimately owned by Alphabet Inc.
iBasis IncTofane GlobalTofane Global of France agreed to acquire iBasis Inc, a Lexington-based internet service provider, from Koninklijke KPN NV.
Multifilm Packaging CorpTranscontinental IncTranscontinental Inc of Canada acquired Multifilm Packaging Corp, an Elgin-based manufacturer of plastics packaging films and sheets.
Mario Tricoci Hair Salon & Day SpaTricoci FamilyThe Tricoci family acquired The Mario Tricoci Hair Salon and Day Spa in Palatine from Elizabeth Arden Salon Holdings.
Recruiterbox IncTurn/River Capital LPTurn/River Capital LP acquired Recruiterbox Inc, a San Francisco-based software publisher, via a leveraged buyout transaction.
Golden Spread Redi-Mix IncUS Concrete IncUS Concrete Inc acquired Golden Spread Redi-Mix Inc, an Amarillo-based manufacturer of ready-mix concrete.
Gramann Reporting LtdUS Legal Support IncUS Legal Support Inc acquired Gramann Reporting Ltd, a Milwaukee-based provider of stenotype services.
Student Housing Portfolio(2)Vesper Holdings LLCVesper Holdings, a privately-held real estate investment firm based in New York City, has acquired the 336-bed Carrollton Crossing and 504-bed River Pointe student housing near the University of West Georgia.
CoolHomepages.comWellspring Search LLCWellspring Search LLC acquired CoolHomepages.com, a provider of web design services.
RED Manufacturing CorpWire-Mesh Products IncWire-Mesh Products Inc has merged with RED Manufacturing Corp, a Lancaster-based steel mill operator.
Firecracker IncWolters Kluwer Health LLCWolters Kluwer Health LLC, a unit of Wolters Kluwer NV, acquired Firecracker Inc, a Boston-based software publisher.
Manufactured home communities(9)YES Communities IncYES Communities Inc acquired a portfolio of nine manufactured home communities.
Epsen Fuller & Associates LLC-Certain AssetsZ Resource Group IncZ Resource Group Inc acquired certain assets of Epsen Fuller & Associates LLC, a New York-based executive search and talent management consulting firm.
Marketing Digest IncZicix CorpZicix Corp plans to acquire Marketing Digest Inc, a Springfield-based software publisher.
 Source: Thomson Reuters

Consumer goods industry Deal flow Private equity firms Strategic buyers