KKR's acquisition of waste management firm Esg, Blackstone's purchase for a set of warehouses from Elion Partners and Asbury Automotive's reviving its deal for Park Place Dealerships are among the notable transactions that closed in August.

Editor's note: To measure activity in the middle market, Mergers & Acquisitions looks at transactions that fulfill several requirements: Deals must have a value of roughly $1 billion or less; they must be completed (not just announced) within the timeframe designated. The coverage is global. Excluded from our charts are: recapitalizations; self-tenders; exchange offers; repurchases; stake purchases; and transactions with undisclosed buyers or sellers. Our data provider is Refinitiv, which updates its databases continuously. We use the data available at press time. The data for this article was gathered on Sept. 11, 2020.

Key Middle-Market M&A Deals Completed in August 2020
Date
Target NameAcquiror NameValue ($mil)
08/18/20Personal Capital CorpEmpower Retirement LLC1,000.0
08/13/20TransContainer PJSCDelo-Tsentr OOO982.3
08/24/20Cersci Therapeutics IncAcadia Pharmaceuticals939.5
08/31/20Esg Co LtdKohlberg Kravis Roberts & Co741.2
08/24/20Park Place-Certain AssetsAsbury Automotive Group Inc735.0
08/21/20United Progress Grp LtdYield Smart Ltd620.6
08/15/20Franklin Financial Network IncFB Financial Corp619.7
08/03/20Aphex BioCleanse Systems IncSunset Capital Assets Inc586.8
08/26/20Maxeon Solar Tech Pte LtdShareholders584.8
08/20/20agta record agASSA ABLOY AB567.2
08/31/20Guangxi Constr EngineeringGreenland Holding Group Co Ltd520.9
08/21/20Benefytt Technologies IncDaylight Beta Parent Corp441.9
08/11/20Guokai New Energy Tech Co LtdTianjin Quanyechang (Grp) Co436.1
08/19/20Fortum Oyj-District HeatingInvestor Group421.4
08/24/20Kelt Expl Ltd-Montney AcreageConocoPhillips404.8
08/24/20Yanfeng Global AutomotiveYanfeng Automotive Trim Sys Co369.0
08/27/20Instashop LtdDelivery Hero SE360.0
08/14/20FPH-Building(2)PRP LLC355.0
08/11/20Ascent Vision Technologies LLCCACI International Inc350.0
08/07/20Industrie und Handel AGTristan Capital Partners-Episo337.3
08/27/20NEPI Rockcastle PLC-Office PorAFI Europe NV333.5
08/27/20Reservoir Woods East,WalthamAlexandria RE Equities Inc330.0
08/31/20Boehringer-AssetsHypera SA319.3
08/26/20Aker Solutions Asa-Ccus CoShareholders318.9
08/21/20Shanghai Inst Of ProcessFeilo Acoustics Co Ltd307.8
08/05/20Whitehat Educ Tech Pvt LtdThink & Learn Pvt Ltd300.0
08/31/20Ziraat Sigorta ASGunes Sigorta AS277.8
08/01/20SAKURA SOGO REIT Invest CorpStar Asia Investment Corp275.9
08/24/20American Outdoor Brands IncShareholders271.1
08/12/20Avanti Polar Lipids IncCroda International PLC260.0
08/12/20Npoint Dvlp-UndisclosedInvestor Group246.7
08/03/20PersonalizationMall.com Inc800-Flowers Inc245.0
08/17/20Range Resources-AssetsCastleton Resources LLC245.0
08/25/20Guyana Goldfields IncZijin Mining Group Co Ltd238.9
08/17/20AS Roma SpARomulus & Remus Invests LLC234.8
08/26/20Aker Solutions Asa-Wind DvlpShareholders232.8
08/07/20DeA Capital RE-Arte 25 ComplexAllianz Real Estate GmbH225.3
08/06/20Elec & Eltek International CoElec & Eltek Intl Hldg Ltd216.9
08/11/20Cello Health PLCPhrma Value Dmnstrtn Bidco Ltd213.0
08/13/20Tianjin Tasly Medicine DistnChongqing Pharm (Grp) Co Ltd210.7
08/03/20Hlk Hldg Co LtdHanil Cement Co Ltd194.4
08/11/20Openet Telecom Sales LtdAmdocs Ltd180.0
08/25/20Exide Tech-Americans Bus OpsAtlas Holdings LLC178.6
08/03/20Georgia Biomass Holding LLCEnviva Partners LP175.0
08/11/20Zhejiang Huatu Microchip TechInvestor Group169.5
08/05/20Elephant & Castle Shopping CenGet Living London Ltd168.5
08/26/20Golan Telecom LtdCellcom Israel Ltd160.3
08/31/20Stan Metall Co Ltd-Ste Pla AssKam Steel Integrated Co157.6
08/03/20Intel Corp-Home GatewayMaxLinear Inc150.0
08/12/20Wanjin Trading Co LtdZhejiang Jinke Culture Ind Co144.3
08/31/20Gurgaon-Palwal TransmissionIndia Grid Trust141.6
08/01/20SMEJStream Media Corp140.5
08/14/20Biotoscana Investments SAKnight Therapeutics Inc137.6
08/13/20Multifamily Complex PortfolioInvestor Group135.0
08/04/20Yunnan Dawei Ammonia Co LtdYunnan Yuntianhua Co Ltd134.2
08/31/20Kcc Corp- Bldg & LandKCC Engineering & Construction133.9
08/31/20Halk Sigorta ASGunes Sigorta AS133.7
08/21/20Williams Grand PrixBCE Ltd132.8
08/05/20Calima Centro Comercial PHPlaza SA128.3
08/31/20YoungToys IncInvestor Group127.1
08/25/20Cbus Ppty Pty Ltd-50 FlindersNikos Property Group Pty Ltd125.1
08/07/20Guizhou Pannan Coal Dvlp CoGuizhou Panjiang Refined Coal120.6
08/12/20Seven Aces LtdTrive Capital LLC117.0
08/27/20Zunyi Lifeng Cement Co LtdGuizhou Sw Cement Co Ltd115.9
08/07/20Zenith Energy LtdElemental Infrastructure BidCo110.0
08/03/20PelCo CorpMotorola Solutions Inc110.0
08/06/20Elec & Eltek International CoElec & Eltek Intl Hldg Ltd109.3
08/31/20Global Gourmet Foods IncPremium Brands Holdings Corp106.1
08/01/20ARRK CorpMitsui Chemicals Inc103.3
08/12/20Chengdu Energy Dvlp Co LtdChengdu Expressway Co Ltd102.0
08/25/20Stockland Baulkham HillsMintus Pty Ltd101.0
08/24/20Petrobras-Reconcavo Cluster3R Petroleum e Participacoes100.0
08/11/20Banque Commerciale Du Congo SaProcredit Bk Congo Sarl95.0
08/19/20Wenshang Haiwei MotorcycleBosun Tools Co Ltd94.1
08/06/20Templar Energy LLCPresidio Petroleum LLC91.0
08/11/20Woolworths-Convenience CentresHome Consortium Ltd88.2
08/01/20Peterborough Distribution IncHydro One Ltd85.6
08/31/20AM-C Warehouses IncAmericold Realty Trust85.0
08/10/20Gedi Gruppo Editoriale SpAGiano Holding SpA84.6
08/26/20Jiangsu Kangbo IndustrialYonker Envi Protection Co Ltd84.4
08/17/20DRA Advisors LLC-Santa ClaraEdgeConneX Inc83.3
08/18/20Vitalic Health Pvt LtdReliance Retail Ventures Ltd83.0
08/21/20Augusta Capital LtdCenturia New Zealand Hldg Ltd80.8
08/31/20Tubex IndustriaBall Embalagens Ltda80.0
08/25/20Acessa Health IncHologic Inc80.0
08/31/20JPPLHD79.1
08/14/20Limelight Health IncFINEOS Corp Holdings PLC75.0
08/14/20Virgo Resources LtdBezant Resources PLC72.4
08/03/20HSI V Fundo-SyslogXP Log FIP71.7
08/10/20Zhejiang Dejing Electn TechBeijing Meihao Invest Mgmt Co70.6
08/04/20Dreamline CorpLa Lumiere Co Ltd68.2
08/19/20Cia Brasileira de PlanosCrescera Investimentos Ltda64.0
08/14/20Hyatt House,Tempe,ArizonaApple Hospitality REIT Inc64.0
08/31/20Daelim C&S Co LtdVl Samil Co Ltd60.1
08/19/20Dc Offices Sdn Bhd-MenaraTower REIT57.5
08/24/20Dave Whelan Sports Ltd-CertainFrasers Group PLC57.5
08/03/20Wieland-Kessler-Cert TangibleMueller Industries Inc57.3
08/28/20AJ Park Co LtdAj Networks Co Ltd56.7
08/24/20Mieci SpaSnam 4 Efficiency Srl56.7
08/19/20Fujian Norstel Material TechHunan Sanan Semiconductor Co55.1
08/12/20Teck Madencilik SanayiCengiz Holding AS55.0
08/03/20Quantuma Advisory LtdK3 Capital Group PLC54.5
08/03/20Paragon Inc-AstsESC Corporate Services Ltd52.3
08/26/20Shenzhen Qianhai PaideInvestor Group51.9
08/06/20Nanjing Micro One Electns IncShanghai Belling Co Ltd50.9
08/28/20Anant Raj Agencies Pvt LtdAnant Raj Ltd50.1
08/21/20Impact BioMedical IncDocument Security Systems Inc50.0
08/03/20Can Packaging SASonoco Products Co49.1
08/26/20Like Kids IncLike Inc48.5
08/05/20Student Housing ResidencyCatella European Student Housi47.2
08/10/20Elion Partners-Properties(5)Blackstone Group Inc45.9
08/14/20Stockland Corp Ltd-Dairy DistrCharter Hall Group45.4
08/04/20Window Installation SpecialistExchange Income Corp45.0
08/13/204A Games LtdSaber Interactive Inc44.6
08/05/20Torstar CorpNordStar Capital LP44.3
08/27/20Tiantian Sci-Tech Co LtdInvestor Group43.6
08/24/20Texinnovate-Businesses & AsstsEcofibre Ltd42.0
08/26/20PrimaBaguz Sdn BhdJohnsonville International LLC42.0
08/01/20L-3 Communications EOTech IncAmerican Holoptics LLC42.0
08/19/20Unifrutti Investments LtdGc Orange SARL41.7
08/21/20Fourth St Bkg CoSeacoast Banking Corp41.7
08/18/20Huizhou Desay Battery Co LtdShenzhen Desay Battery Tech Co39.5
08/07/20Khorgos Contemporary LiujiuDongyang Mengjiangwei Film&Tv38.7
08/21/20Chengdu Haoyiqiang AviationChengdu Haoneng Tech Co Ltd38.5
08/05/20Cellero LLCCharles River Labs Intl Inc38.0
08/11/20Pennsylvania Med SolutionsJushi Inc37.1
08/31/20P3 Logistic Parks-WarehouseElite Logistics Fund35.7
08/06/20Courtney Manor Apartments,FLSREIT Courtney Manor LLC35.5
08/07/20Tamaka Gold CorpTreasury Metals Inc35.4
08/22/20Dalian Sunlight Tech Co LtdInvestor Group35.4
08/31/20Partsmaster IncLawson Products Inc35.3
08/11/20Winview IncEngine Media Holdings Inc35.0
08/26/20Xiamen Yinxiang Meat Ind CoFujian Aonong Biological Tech34.7
08/05/20Tyres4U Pty LtdNational Tyre & Wheel Ltd34.0
08/07/20Bennetts Motorcycling SvcsAtlanta Invest Hldg C Ltd33.9
08/06/20Creval SpA-NPL PortfolioInvestor Group33.2
08/19/20Liberatis LtdDIF Core Infrstrcture Fund II33.1
08/13/20Mcwhinney-Centerra Bldg IVMark IV Capital Inc32.6
08/13/20Jiangsu Jinchuang Elecal CoKTK Group Co Ltd31.9
08/13/20Oates Crossing,Mooresville,NCRealOp Investments LLC31.8
08/18/20Renaissance Gold IncEvrim Resources Corp31.6
08/19/20Tamak Hldg Pty LtdDe Angelis Hotel Group31.1
08/07/20Columbus Energy Resources PLCBahamas Petroleum Co PLC31.0
08/03/20Shenzhen Jiazete Invest CoShenzhen Zhongzhuang Constr30.9
08/31/20Foshan Baojintai Entrp Mgmt-AsFoshan Golden Milky Way30.5
08/17/20SJL Broadcast Grp-KITVAllen Media Broadcasting LLC30.0
08/03/20Cerner Corp-RevWorks Svcs BusR1 RCM Inc30.0
08/08/20Shenzhen Wongtee Bus Svc CoShenzhen Wongtee Ppty Dvlp Co29.7
08/06/20Hospital Sao Carlos LtdaHospital Esperanca SA29.7
08/05/20Imodev SARL-Student HousingCatella European Student Housi29.5
08/31/20Omnia Media IncEnthusiast Gaming Holdings Inc29.3
08/11/20A & G Lamattina & Sons Pty Lt-Primewest Agricultural Trust28.8
08/13/20Luoyang Kebos New MaterialsLonghua Tech Grp (Luoyang) Co28.2
08/07/20Rizhao Panyue Huanbao Keji CoFull Giant Resources Ltd27.2
08/10/20Ware & Brothers-ApartmentsThe Walden Group26.9
08/27/20Summerchase at Riverchase,ALCarter Multifamily26.7
08/05/20Frigorifico Vijagual-slaughterRed Carnica SAS26.0
08/24/20Eternal Global Invests LtdUnited Strength Power Holdings25.8
08/03/20Top Rich IncUpland Grp Ltd24.9
08/20/20Merlin Park,PortsmouthOrchard Street Investment24.9
08/03/20Hurley Partners LtdMattioli Woods PLC24.6
08/06/20Carramar Village Shopping CtrRed Wealth Pty Ltd24.1
08/06/20Celularity Inc-UltraMIST AssetSANUWAVE Health Inc24.0
08/21/20Dae Sung Celtic Co LtdDaesung Industrial Co Ltd23.9
08/18/20Huizhou Blueway Electronics CoShenzhen Desay Battery Tech Co23.8
08/11/20Vineland Constr Co-IndustrialHigh St Logistics Ppty23.2
08/03/20Hunters WayMaryland Management Co22.8
08/10/20Fin Util SA de CV SOFOM ENRGentera SAB de CV22.7
08/15/20IVIA Servicos de Informatica LWipro Ltd22.4
08/24/20Pure Acquisition CorpHighpeak Energy Inc22.2
08/07/20Illimity SpA-NPL PortfolioIfis Npl SpA22.1
08/31/20Wealth Central Pty LtdIOOF Holdings Ltd22.1
08/13/20Richmond Manor Care Home,AmpthAedifica NV21.6
08/19/20Kelowna & Vernon Hospitals,BCBBGI Sicav SA19.9
08/11/20Askott Entertainment IncFansunite Ent Inc19.7
08/13/20U Oph Ppty Port,NC4)Block Real Estate Services LLC19.5
08/03/20Botoclinic Franchising GestaoXP Private Eq I FIP19.1
08/10/20Cultural Experiences AbroadInfinedi Partners LP19.0
Alt Resources LtdAurenne Group Holdings Pty Ltd19.0
08/01/20Dongguan Shangyu IndustrialWG Tech (Jiangxi) Co Ltd19.0
08/10/20Santander Trustees Ltd-MorrisoSuprmrkt Incme REIT PLC18.7
08/06/20Right2drive Pty LtdGrowth Factor Pty Ltd18.5
08/19/20Stratura Asfaltos SABitumina do Brasil18.3
08/14/20Nathusius Vrmoegnsverwaltungs-Cromwell European REIT18.3
08/12/20I Blu SrlIren Ambiente SpA17.6
08/01/20Shenzhen Huihe Network TechWG Tech (Jiangxi) Co Ltd17.5
08/06/20Hanjiao Intl Hldg LtdAs Capital Inc17.2
08/13/20The SterlingCAPREIT16.9
08/05/20Signature Ppty-Liberty WestSignature Properties LLC16.3
08/24/20Housing & Healthcare FacilitieCivitas Social Housing PLC16.2
08/12/20Shiroishi HC1-Go GodoStraits Himawari TMK Two TMK15.9
08/03/20Tarranganda Pty Ltd-IndustrialPrimew Grp Ltd15.7
08/25/20Proteus Digital Health IncOtsuka Pharm Co Ltd15.0
08/20/20Acacia Exploration (Kenya) LtdShanta Gold Ltd14.8
08/21/20Shanxi Jineng Qinglong CoalJizhong Energy Resources Co14.7
08/13/20AXF Gold Ridge Pty LtdWanguo Intl Mining Grp Ltd14.6
08/09/20Virgin Mobile Polska Sp z o oP4 Sp z o o14.5
08/10/20Artist Cosmetics Co LtdInvestor Group14.4
08/07/20Otk Cnt Co LtdProstemics Co Ltd14.3
08/08/20Changshu Xingyu AdvancedTibet Xinzhi Entrp Mgmt14.3
08/21/20Australian Fitness Mgmt PtyViva Leisure Ltd14.3
08/19/20Adgero BioPharms Hldg IncKintara Therapeutics Inc14.2
08/05/20Auxora (Shenzhen) IncSuzhou TFC Optical Commun14.0
08/03/20Tetsujin IncFirst Pacific Capital Ltd14.0
08/01/20i-station IncINEST Inc13.9
08/22/20Shaanxi Dadong TechShaanxi Fenghuo Electn Co Ltd13.4
08/18/20Beijing Boru Culture Dvlp CoBeijing Ji'an Finl Info Tech13.2
08/26/20Global Gaming 555 ABEnlabs AB12.4
08/14/20Anchanto Pte LtdInvestor Group12.1
08/03/20Enerox GmbhBushveld Energy Ltd12.0
08/24/20Nrthn Star Resources Ltd-MtKalamazoo Resources Ltd12.0
08/15/20Beijing Xuheng Property Co LtdBeijing Yisou Materials Co Ltd11.2
08/10/20Jags Rlty Assc-Shopping CenterG Rack Fields LLC10.9
08/17/20Akorn India Pvt LtdBiological E Ltd10.0
08/13/20m2 Pictures LLCEagle Pictures SpA10.0
08/26/20Kansardas Investment-BuildingSalher LLC10.0