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 $1 billion or less; they must be completed (not just announced) within the timeframe designated. The coverage is global. Excluded from our charts are: recapitalizations; self-tenders; exchange offers; repurchases; stake purchases; and transactions with undisclosed buyers or sellers. Our data provider is Refinitiv, which updates its databases continuously. We use the data available at press time. The data for this article was gathered on Sept. 11, 2020.
Key Middle-Market M&A Deals Completed in August 2020 | |||
Date | Target Name | Acquiror Name | Value ($mil) |
08/18/20 | Personal Capital Corp | Empower Retirement LLC | 1,000.0 |
08/13/20 | TransContainer PJSC | Delo-Tsentr OOO | 982.3 |
08/24/20 | Cersci Therapeutics Inc | Acadia Pharmaceuticals | 939.5 |
08/31/20 | Esg Co Ltd | Kohlberg Kravis Roberts & Co | 741.2 |
08/24/20 | Park Place-Certain Assets | Asbury Automotive Group Inc | 735.0 |
08/21/20 | United Progress Grp Ltd | Yield Smart Ltd | 620.6 |
08/15/20 | Franklin Financial Network Inc | FB Financial Corp | 619.7 |
08/03/20 | Aphex BioCleanse Systems Inc | Sunset Capital Assets Inc | 586.8 |
08/26/20 | Maxeon Solar Tech Pte Ltd | Shareholders | 584.8 |
08/20/20 | agta record ag | ASSA ABLOY AB | 567.2 |
08/31/20 | Guangxi Constr Engineering | Greenland Holding Group Co Ltd | 520.9 |
08/21/20 | Benefytt Technologies Inc | Daylight Beta Parent Corp | 441.9 |
08/11/20 | Guokai New Energy Tech Co Ltd | Tianjin Quanyechang (Grp) Co | 436.1 |
08/19/20 | Fortum Oyj-District Heating | Investor Group | 421.4 |
08/24/20 | Kelt Expl Ltd-Montney Acreage | ConocoPhillips | 404.8 |
08/24/20 | Yanfeng Global Automotive | Yanfeng Automotive Trim Sys Co | 369.0 |
08/27/20 | Instashop Ltd | Delivery Hero SE | 360.0 |
08/14/20 | FPH-Building(2) | PRP LLC | 355.0 |
08/11/20 | Ascent Vision Technologies LLC | CACI International Inc | 350.0 |
08/07/20 | Industrie und Handel AG | Tristan Capital Partners-Episo | 337.3 |
08/27/20 | NEPI Rockcastle PLC-Office Por | AFI Europe NV | 333.5 |
08/27/20 | Reservoir Woods East,Waltham | Alexandria RE Equities Inc | 330.0 |
08/31/20 | Boehringer-Assets | Hypera SA | 319.3 |
08/26/20 | Aker Solutions Asa-Ccus Co | Shareholders | 318.9 |
08/21/20 | Shanghai Inst Of Process | Feilo Acoustics Co Ltd | 307.8 |
08/05/20 | Whitehat Educ Tech Pvt Ltd | Think & Learn Pvt Ltd | 300.0 |
08/31/20 | Ziraat Sigorta AS | Gunes Sigorta AS | 277.8 |
08/01/20 | SAKURA SOGO REIT Invest Corp | Star Asia Investment Corp | 275.9 |
08/24/20 | American Outdoor Brands Inc | Shareholders | 271.1 |
08/12/20 | Avanti Polar Lipids Inc | Croda International PLC | 260.0 |
08/12/20 | Npoint Dvlp-Undisclosed | Investor Group | 246.7 |
08/03/20 | PersonalizationMall.com Inc | 800-Flowers Inc | 245.0 |
08/17/20 | Range Resources-Assets | Castleton Resources LLC | 245.0 |
08/25/20 | Guyana Goldfields Inc | Zijin Mining Group Co Ltd | 238.9 |
08/17/20 | AS Roma SpA | Romulus & Remus Invests LLC | 234.8 |
08/26/20 | Aker Solutions Asa-Wind Dvlp | Shareholders | 232.8 |
08/07/20 | DeA Capital RE-Arte 25 Complex | Allianz Real Estate GmbH | 225.3 |
08/06/20 | Elec & Eltek International Co | Elec & Eltek Intl Hldg Ltd | 216.9 |
08/11/20 | Cello Health PLC | Phrma Value Dmnstrtn Bidco Ltd | 213.0 |
08/13/20 | Tianjin Tasly Medicine Distn | Chongqing Pharm (Grp) Co Ltd | 210.7 |
08/03/20 | Hlk Hldg Co Ltd | Hanil Cement Co Ltd | 194.4 |
08/11/20 | Openet Telecom Sales Ltd | Amdocs Ltd | 180.0 |
08/25/20 | Exide Tech-Americans Bus Ops | Atlas Holdings LLC | 178.6 |
08/03/20 | Georgia Biomass Holding LLC | Enviva Partners LP | 175.0 |
08/11/20 | Zhejiang Huatu Microchip Tech | Investor Group | 169.5 |
08/05/20 | Elephant & Castle Shopping Cen | Get Living London Ltd | 168.5 |
08/26/20 | Golan Telecom Ltd | Cellcom Israel Ltd | 160.3 |
08/31/20 | Stan Metall Co Ltd-Ste Pla Ass | Kam Steel Integrated Co | 157.6 |
08/03/20 | Intel Corp-Home Gateway | MaxLinear Inc | 150.0 |
08/12/20 | Wanjin Trading Co Ltd | Zhejiang Jinke Culture Ind Co | 144.3 |
08/31/20 | Gurgaon-Palwal Transmission | India Grid Trust | 141.6 |
08/01/20 | SMEJ | Stream Media Corp | 140.5 |
08/14/20 | Biotoscana Investments SA | Knight Therapeutics Inc | 137.6 |
08/13/20 | Multifamily Complex Portfolio | Investor Group | 135.0 |
08/04/20 | Yunnan Dawei Ammonia Co Ltd | Yunnan Yuntianhua Co Ltd | 134.2 |
08/31/20 | Kcc Corp- Bldg & Land | KCC Engineering & Construction | 133.9 |
08/31/20 | Halk Sigorta AS | Gunes Sigorta AS | 133.7 |
08/21/20 | Williams Grand Prix | BCE Ltd | 132.8 |
08/05/20 | Calima Centro Comercial PH | Plaza SA | 128.3 |
08/31/20 | YoungToys Inc | Investor Group | 127.1 |
08/25/20 | Cbus Ppty Pty Ltd-50 Flinders | Nikos Property Group Pty Ltd | 125.1 |
08/07/20 | Guizhou Pannan Coal Dvlp Co | Guizhou Panjiang Refined Coal | 120.6 |
08/12/20 | Seven Aces Ltd | Trive Capital LLC | 117.0 |
08/27/20 | Zunyi Lifeng Cement Co Ltd | Guizhou Sw Cement Co Ltd | 115.9 |
08/07/20 | Zenith Energy Ltd | Elemental Infrastructure BidCo | 110.0 |
08/03/20 | PelCo Corp | Motorola Solutions Inc | 110.0 |
08/06/20 | Elec & Eltek International Co | Elec & Eltek Intl Hldg Ltd | 109.3 |
08/31/20 | Global Gourmet Foods Inc | Premium Brands Holdings Corp | 106.1 |
08/01/20 | ARRK Corp | Mitsui Chemicals Inc | 103.3 |
08/12/20 | Chengdu Energy Dvlp Co Ltd | Chengdu Expressway Co Ltd | 102.0 |
08/25/20 | Stockland Baulkham Hills | Mintus Pty Ltd | 101.0 |
08/24/20 | Petrobras-Reconcavo Cluster | 3R Petroleum e Participacoes | 100.0 |
08/11/20 | Banque Commerciale Du Congo Sa | Procredit Bk Congo Sarl | 95.0 |
08/19/20 | Wenshang Haiwei Motorcycle | Bosun Tools Co Ltd | 94.1 |
08/06/20 | Templar Energy LLC | Presidio Petroleum LLC | 91.0 |
08/11/20 | Woolworths-Convenience Centres | Home Consortium Ltd | 88.2 |
08/01/20 | Peterborough Distribution Inc | Hydro One Ltd | 85.6 |
08/31/20 | AM-C Warehouses Inc | Americold Realty Trust | 85.0 |
08/10/20 | Gedi Gruppo Editoriale SpA | Giano Holding SpA | 84.6 |
08/26/20 | Jiangsu Kangbo Industrial | Yonker Envi Protection Co Ltd | 84.4 |
08/17/20 | DRA Advisors LLC-Santa Clara | EdgeConneX Inc | 83.3 |
08/18/20 | Vitalic Health Pvt Ltd | Reliance Retail Ventures Ltd | 83.0 |
08/21/20 | Augusta Capital Ltd | Centuria New Zealand Hldg Ltd | 80.8 |
08/31/20 | Tubex Industria | Ball Embalagens Ltda | 80.0 |
08/25/20 | Acessa Health Inc | Hologic Inc | 80.0 |
08/31/20 | JP | PLHD | 79.1 |
08/14/20 | Limelight Health Inc | FINEOS Corp Holdings PLC | 75.0 |
08/14/20 | Virgo Resources Ltd | Bezant Resources PLC | 72.4 |
08/03/20 | HSI V Fundo-Syslog | XP Log FIP | 71.7 |
08/10/20 | Zhejiang Dejing Electn Tech | Beijing Meihao Invest Mgmt Co | 70.6 |
08/04/20 | Dreamline Corp | La Lumiere Co Ltd | 68.2 |
08/19/20 | Cia Brasileira de Planos | Crescera Investimentos Ltda | 64.0 |
08/14/20 | Hyatt House,Tempe,Arizona | Apple Hospitality REIT Inc | 64.0 |
08/31/20 | Daelim C&S Co Ltd | Vl Samil Co Ltd | 60.1 |
08/19/20 | Dc Offices Sdn Bhd-Menara | Tower REIT | 57.5 |
08/24/20 | Dave Whelan Sports Ltd-Certain | Frasers Group PLC | 57.5 |
08/03/20 | Wieland-Kessler-Cert Tangible | Mueller Industries Inc | 57.3 |
08/28/20 | AJ Park Co Ltd | Aj Networks Co Ltd | 56.7 |
08/24/20 | Mieci Spa | Snam 4 Efficiency Srl | 56.7 |
08/19/20 | Fujian Norstel Material Tech | Hunan Sanan Semiconductor Co | 55.1 |
08/12/20 | Teck Madencilik Sanayi | Cengiz Holding AS | 55.0 |
08/03/20 | Quantuma Advisory Ltd | K3 Capital Group PLC | 54.5 |
08/03/20 | Paragon Inc-Asts | ESC Corporate Services Ltd | 52.3 |
08/26/20 | Shenzhen Qianhai Paide | Investor Group | 51.9 |
08/06/20 | Nanjing Micro One Electns Inc | Shanghai Belling Co Ltd | 50.9 |
08/28/20 | Anant Raj Agencies Pvt Ltd | Anant Raj Ltd | 50.1 |
08/21/20 | Impact BioMedical Inc | Document Security Systems Inc | 50.0 |
08/03/20 | Can Packaging SA | Sonoco Products Co | 49.1 |
08/26/20 | Like Kids Inc | Like Inc | 48.5 |
08/05/20 | Student Housing Residency | Catella European Student Housi | 47.2 |
08/10/20 | Elion Partners-Properties(5) | Blackstone Group Inc | 45.9 |
08/14/20 | Stockland Corp Ltd-Dairy Distr | Charter Hall Group | 45.4 |
08/04/20 | Window Installation Specialist | Exchange Income Corp | 45.0 |
08/13/20 | 4A Games Ltd | Saber Interactive Inc | 44.6 |
08/05/20 | Torstar Corp | NordStar Capital LP | 44.3 |
08/27/20 | Tiantian Sci-Tech Co Ltd | Investor Group | 43.6 |
08/24/20 | Texinnovate-Businesses & Assts | Ecofibre Ltd | 42.0 |
08/26/20 | PrimaBaguz Sdn Bhd | Johnsonville International LLC | 42.0 |
08/01/20 | L-3 Communications EOTech Inc | American Holoptics LLC | 42.0 |
08/19/20 | Unifrutti Investments Ltd | Gc Orange SARL | 41.7 |
08/21/20 | Fourth St Bkg Co | Seacoast Banking Corp | 41.7 |
08/18/20 | Huizhou Desay Battery Co Ltd | Shenzhen Desay Battery Tech Co | 39.5 |
08/07/20 | Khorgos Contemporary Liujiu | Dongyang Mengjiangwei Film&Tv | 38.7 |
08/21/20 | Chengdu Haoyiqiang Aviation | Chengdu Haoneng Tech Co Ltd | 38.5 |
08/05/20 | Cellero LLC | Charles River Labs Intl Inc | 38.0 |
08/11/20 | Pennsylvania Med Solutions | Jushi Inc | 37.1 |
08/31/20 | P3 Logistic Parks-Warehouse | Elite Logistics Fund | 35.7 |
08/06/20 | Courtney Manor Apartments,FL | SREIT Courtney Manor LLC | 35.5 |
08/07/20 | Tamaka Gold Corp | Treasury Metals Inc | 35.4 |
08/22/20 | Dalian Sunlight Tech Co Ltd | Investor Group | 35.4 |
08/31/20 | Partsmaster Inc | Lawson Products Inc | 35.3 |
08/11/20 | Winview Inc | Engine Media Holdings Inc | 35.0 |
08/26/20 | Xiamen Yinxiang Meat Ind Co | Fujian Aonong Biological Tech | 34.7 |
08/05/20 | Tyres4U Pty Ltd | National Tyre & Wheel Ltd | 34.0 |
08/07/20 | Bennetts Motorcycling Svcs | Atlanta Invest Hldg C Ltd | 33.9 |
08/06/20 | Creval SpA-NPL Portfolio | Investor Group | 33.2 |
08/19/20 | Liberatis Ltd | DIF Core Infrstrcture Fund II | 33.1 |
08/13/20 | Mcwhinney-Centerra Bldg IV | Mark IV Capital Inc | 32.6 |
08/13/20 | Jiangsu Jinchuang Elecal Co | KTK Group Co Ltd | 31.9 |
08/13/20 | Oates Crossing,Mooresville,NC | RealOp Investments LLC | 31.8 |
08/18/20 | Renaissance Gold Inc | Evrim Resources Corp | 31.6 |
08/19/20 | Tamak Hldg Pty Ltd | De Angelis Hotel Group | 31.1 |
08/07/20 | Columbus Energy Resources PLC | Bahamas Petroleum Co PLC | 31.0 |
08/03/20 | Shenzhen Jiazete Invest Co | Shenzhen Zhongzhuang Constr | 30.9 |
08/31/20 | Foshan Baojintai Entrp Mgmt-As | Foshan Golden Milky Way | 30.5 |
08/17/20 | SJL Broadcast Grp-KITV | Allen Media Broadcasting LLC | 30.0 |
08/03/20 | Cerner Corp-RevWorks Svcs Bus | R1 RCM Inc | 30.0 |
08/08/20 | Shenzhen Wongtee Bus Svc Co | Shenzhen Wongtee Ppty Dvlp Co | 29.7 |
08/06/20 | Hospital Sao Carlos Ltda | Hospital Esperanca SA | 29.7 |
08/05/20 | Imodev SARL-Student Housing | Catella European Student Housi | 29.5 |
08/31/20 | Omnia Media Inc | Enthusiast Gaming Holdings Inc | 29.3 |
08/11/20 | A & G Lamattina & Sons Pty Lt- | Primewest Agricultural Trust | 28.8 |
08/13/20 | Luoyang Kebos New Materials | Longhua Tech Grp (Luoyang) Co | 28.2 |
08/07/20 | Rizhao Panyue Huanbao Keji Co | Full Giant Resources Ltd | 27.2 |
08/10/20 | Ware & Brothers-Apartments | The Walden Group | 26.9 |
08/27/20 | Summerchase at Riverchase,AL | Carter Multifamily | 26.7 |
08/05/20 | Frigorifico Vijagual-slaughter | Red Carnica SAS | 26.0 |
08/24/20 | Eternal Global Invests Ltd | United Strength Power Holdings | 25.8 |
08/03/20 | Top Rich Inc | Upland Grp Ltd | 24.9 |
08/20/20 | Merlin Park,Portsmouth | Orchard Street Investment | 24.9 |
08/03/20 | Hurley Partners Ltd | Mattioli Woods PLC | 24.6 |
08/06/20 | Carramar Village Shopping Ctr | Red Wealth Pty Ltd | 24.1 |
08/06/20 | Celularity Inc-UltraMIST Asset | SANUWAVE Health Inc | 24.0 |
08/21/20 | Dae Sung Celtic Co Ltd | Daesung Industrial Co Ltd | 23.9 |
08/18/20 | Huizhou Blueway Electronics Co | Shenzhen Desay Battery Tech Co | 23.8 |
08/11/20 | Vineland Constr Co-Industrial | High St Logistics Ppty | 23.2 |
08/03/20 | Hunters Way | Maryland Management Co | 22.8 |
08/10/20 | Fin Util SA de CV SOFOM ENR | Gentera SAB de CV | 22.7 |
08/15/20 | IVIA Servicos de Informatica L | Wipro Ltd | 22.4 |
08/24/20 | Pure Acquisition Corp | Highpeak Energy Inc | 22.2 |
08/07/20 | Illimity SpA-NPL Portfolio | Ifis Npl SpA | 22.1 |
08/31/20 | Wealth Central Pty Ltd | IOOF Holdings Ltd | 22.1 |
08/13/20 | Richmond Manor Care Home,Ampth | Aedifica NV | 21.6 |
08/19/20 | Kelowna & Vernon Hospitals,BC | BBGI Sicav SA | 19.9 |
08/11/20 | Askott Entertainment Inc | Fansunite Ent Inc | 19.7 |
08/13/20 | U Oph Ppty Port,NC4) | Block Real Estate Services LLC | 19.5 |
08/03/20 | Botoclinic Franchising Gestao | XP Private Eq I FIP | 19.1 |
08/10/20 | Cultural Experiences Abroad | Infinedi Partners LP | 19.0 |
Alt Resources Ltd | Aurenne Group Holdings Pty Ltd | 19.0 | |
08/01/20 | Dongguan Shangyu Industrial | WG Tech (Jiangxi) Co Ltd | 19.0 |
08/10/20 | Santander Trustees Ltd-Morriso | Suprmrkt Incme REIT PLC | 18.7 |
08/06/20 | Right2drive Pty Ltd | Growth Factor Pty Ltd | 18.5 |
08/19/20 | Stratura Asfaltos SA | Bitumina do Brasil | 18.3 |
08/14/20 | Nathusius Vrmoegnsverwaltungs- | Cromwell European REIT | 18.3 |
08/12/20 | I Blu Srl | Iren Ambiente SpA | 17.6 |
08/01/20 | Shenzhen Huihe Network Tech | WG Tech (Jiangxi) Co Ltd | 17.5 |
08/06/20 | Hanjiao Intl Hldg Ltd | As Capital Inc | 17.2 |
08/13/20 | The Sterling | CAPREIT | 16.9 |
08/05/20 | Signature Ppty-Liberty West | Signature Properties LLC | 16.3 |
08/24/20 | Housing & Healthcare Facilitie | Civitas Social Housing PLC | 16.2 |
08/12/20 | Shiroishi HC1-Go Godo | Straits Himawari TMK Two TMK | 15.9 |
08/03/20 | Tarranganda Pty Ltd-Industrial | Primew Grp Ltd | 15.7 |
08/25/20 | Proteus Digital Health Inc | Otsuka Pharm Co Ltd | 15.0 |
08/20/20 | Acacia Exploration (Kenya) Ltd | Shanta Gold Ltd | 14.8 |
08/21/20 | Shanxi Jineng Qinglong Coal | Jizhong Energy Resources Co | 14.7 |
08/13/20 | AXF Gold Ridge Pty Ltd | Wanguo Intl Mining Grp Ltd | 14.6 |
08/09/20 | Virgin Mobile Polska Sp z o o | P4 Sp z o o | 14.5 |
08/10/20 | Artist Cosmetics Co Ltd | Investor Group | 14.4 |
08/07/20 | Otk Cnt Co Ltd | Prostemics Co Ltd | 14.3 |
08/08/20 | Changshu Xingyu Advanced | Tibet Xinzhi Entrp Mgmt | 14.3 |
08/21/20 | Australian Fitness Mgmt Pty | Viva Leisure Ltd | 14.3 |
08/19/20 | Adgero BioPharms Hldg Inc | Kintara Therapeutics Inc | 14.2 |
08/05/20 | Auxora (Shenzhen) Inc | Suzhou TFC Optical Commun | 14.0 |
08/03/20 | Tetsujin Inc | First Pacific Capital Ltd | 14.0 |
08/01/20 | i-station Inc | INEST Inc | 13.9 |
08/22/20 | Shaanxi Dadong Tech | Shaanxi Fenghuo Electn Co Ltd | 13.4 |
08/18/20 | Beijing Boru Culture Dvlp Co | Beijing Ji'an Finl Info Tech | 13.2 |
08/26/20 | Global Gaming 555 AB | Enlabs AB | 12.4 |
08/14/20 | Anchanto Pte Ltd | Investor Group | 12.1 |
08/03/20 | Enerox Gmbh | Bushveld Energy Ltd | 12.0 |
08/24/20 | Nrthn Star Resources Ltd-Mt | Kalamazoo Resources Ltd | 12.0 |
08/15/20 | Beijing Xuheng Property Co Ltd | Beijing Yisou Materials Co Ltd | 11.2 |
08/10/20 | Jags Rlty Assc-Shopping Center | G Rack Fields LLC | 10.9 |
08/17/20 | Akorn India Pvt Ltd | Biological E Ltd | 10.0 |
08/13/20 | m2 Pictures LLC | Eagle Pictures SpA | 10.0 |
08/26/20 | Kansardas Investment-Building | Salher LLC | 10.0 |