Following a fabulous 2018 for M&A, January was an active month in the middle market, with significant deals closed by tech-focused private equity firm Thoma Bravo, Sonic Healthcare and Staples.
In January, sectors that saw activity include retail and software. On the strategic buyer side, Cision Ltd. (NYSE: CISN) bought TrendKite Inc. for $225 million. TrendKite uses artificial intelligence to help communications professionals assess the impact of their efforts. Waitr Holdings Inc. (Nasdaq: WTRH) purchased online food delivery company Bite Squad for about $321 million.
Among the PE deals: Sycamore Partners-backed Staples acquired office products distributor Essendant Inc., and Thoma Bravo purchased security testing Veracode for $950 million.
M&A was robust with in 2018, with deal activity in the U.S. middle market exceeding $400 billion in 2018, the first year to achieve the milestone, according to a report by PitchBook. Overall M&A thrived as well, with the aggregate value of announced global mergers and acquisitions reaching the highest level since 2015, according to information collected by Bureau van Dijk, a Moody’s Analytics company. Deal value increased 10 percent over the previous year, although volume declined 7 percent, according to the company’s report. And the year yielded a bumper crop for private equity buyout deals, found Preqin. The research house reported that 5,106 PE deals were announced in 2018, making it the most active year the industry has ever recorded, as measured by deal volume. For more on 2018, see M&A soared in 2018; companies confident about dealmaking in 2019.
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 $1 billion or less; they must be completed (not just announced) within the timeframe designated; the coverage is global. Excluded from our charts are: recapitalizations; self-tenders; exchange offers; repurchases; stake purchases; and transactions with undisclosed buyers or sellers. Our data provider is Thomson Reuters, which updates its databases continuously. We use the data available at press time. For this article, data was collected on Feb. 6, 2019.
Key Middle-Market M&A Deals Completed in January 2019 | |||
Acquirer | Target | Target Industry | Value ($mil) |
Omv Exploration & Production | Seb Upstream Sdn Bhd | Investment & Commodity Firms,Dealers,Exchanges | 979.7 |
Veritex Holdings Inc | Green Bancorp Inc | Commercial Banks, Bank Holding Companies | 965.5 |
Valero Energy Corp | Valero Energy Partners LP | Oil and Gas; Petroleum Refining | 950.4 |
Thoma Bravo LLC | Veracode Inc | Prepackaged Software | 950.0 |
CVC Capital Partners VII LP | Convergeone Holdings Inc | Prepackaged Software | 946.7 |
Solution King Invests Ltd | NEVS | Transportation Equipment | 930.0 |
Drax Smart Generation Holdco | Scottish Power Generation Ltd | Electric, Gas, and Water Distribution | 923.1 |
Pt Semen Indonesia Industri | Holcim Indonesia Tbk PT | Stone, Clay, Glass, and Concrete Products | 917.0 |
Cadence Bancorp | State Bank Financial Corp | Commercial Banks, Bank Holding Companies | 855.1 |
Agrosuper SA | Empresas AquaChile SA | Food and Kindred Products | 847.9 |
Investor Group | Property Exchange Australia | Business Services | 774.2 |
Fuji Oil Holdings Inc | Blommer Chocolate Co | Food and Kindred Products | 750.0 |
Haier Europe Appl Hldg Bv | Candy SpA | Electronic and Electrical Equipment | 732.1 |
Fortis Healthcare Ltd | Fortis Health Mgmt Hospia | Health Services | 710.7 |
Broad Street | Unico Invest Grp LLC-27-Bldg | Real Estate; Mortgage Bankers and Brokers | 710.0 |
ORIX Corp | Daikyo Inc | Real Estate; Mortgage Bankers and Brokers | 684.4 |
Athora Holding Ltd | Generali Belgium SA | Insurance | 668.0 |
Zydus Wellness Ltd | Heinz India Pvt Ltd | Food and Kindred Products | 624.8 |
Bojangles' Inc SPV | Bojangles' Inc | Retail Trade-Eating and Drinking Places | 617.2 |
Edenred SA | CSI Enterprises Inc | Prepackaged Software | 600.0 |
Sonic Healthcare Ltd | Aurora Diagnostics LLC | Health Services | 540.0 |
Alicorp Inversiones SA | Tecnologia Aplicada SA | Business Services | 490.5 |
Staples Inc | Essendant Inc | Wholesale Trade-Nondurable Goods | 481.8 |
Mainsee 1185 V V GmbH | JW Stargazer Holding GmbH | Textile and Apparel Products | 476.1 |
The Andersons Inc | Lansing Trade Group LLC | Wholesale Trade-Nondurable Goods | 471.0 |
Motorola Solutions Inc | Vaas Intl Hldg Inc | Business Services | 445.0 |
Sinotrans Shipping (Hldg) Ltd | Sinotrans Shipping Ltd | Transportation and Shipping (except air) | 431.8 |
Dassault Systemes SA | Iqms Inc | Prepackaged Software | 425.0 |
China FAW Co Ltd | Tianjin Faw Toyota Motor Co | Transportation Equipment | 420.6 |
Investor Group | Pufa Tower | Real Estate; Mortgage Bankers and Brokers | 400.5 |
Investor Group | Hathway Cable & Datacom Ltd | Radio and Television Broadcasting Stations | 400.2 |
Dongguan Paisheng Science Ind | Guangdong Shuobo Invest Dvlp | Investment & Commodity Firms,Dealers,Exchanges | 370.2 |
Par Pacific Holdings Inc | US Oil & Refining Co | Oil and Gas; Petroleum Refining | 360.2 |
Strategic Storage Trust II Inc | Strategic Storage Growth Trust | Investment & Commodity Firms,Dealers,Exchanges | 340.4 |
Vicat SA | Ciplan Cimento Planalto SA | Stone, Clay, Glass, and Concrete Products | 339.6 |
Jiangsu Jingshen Salt & Chem | Jiangsu Suyan Chain Co Ltd | Food and Kindred Products | 337.9 |
America Movil SAB de CV | Telefonica Moviles Guatemala | Telecommunications | 333.0 |
Waitr Holdings Inc | Bitesquad.Com Llc | Prepackaged Software | 321.5 |
Mayr-Melnhof Karton AG | TANNPAPIER GmbH | Paper and Allied Products | 316.2 |
GTA Semiconductor Co Ltd | Advanced Semiconductor Mnfg | Electronic and Electrical Equipment | 293.4 |
Zhejiang Sanwei Rubber Item Co | Guangxi Sanwei Railway Track | Stone, Clay, Glass, and Concrete Products | 282.0 |
Svb Financial Group | Leerink Hldg Llc | Investment & Commodity Firms,Dealers,Exchanges | 280.0 |
Autodesk Inc | BuildingConnected Inc | Prepackaged Software | 275.0 |
Westlake Chemical Corp | IVY Group Holding SAS-Nakan Bu | Chemicals and Allied Products | 265.0 |
Bridgepoint Europe VI | Miya Luxembourg | Electric, Gas, and Water Distribution | 260.0 |
NRC Group ASA | VR-Rata Oy | Construction Firms | 259.2 |
KPIT Technologies Ltd | Birlasoft (India) Ltd | Business Services | 254.9 |
Blackbird Energy Inc | Pipestone Oil Corp | Oil and Gas; Petroleum Refining | 252.8 |
Cambrex Corp | Avista Pharma Solutions Inc | Drugs | 252.0 |
Don Quijote Holdings Co Ltd | UNY Co Ltd | Retail Trade-Food Stores | 251.2 |
Zhejiang Energy Group Co Ltd | Suzhou Zhongkang Power-Asts | Electric, Gas, and Water Distribution | 245.6 |
Aion Capital Partners Ltd | InterGlobe Technologies | Business Services | 230.0 |
GATX Corp | ECN Capital Corp-Railcar Asset | Transportation and Shipping (except air) | 229.0 |
Sinochem Intl(Hldg)Co Ltd | ELIX Polymers SL | Chemicals and Allied Products | 225.5 |
ResMed Inc | Reciprocal Labs Corp | Prepackaged Software | 225.0 |
Cision Ltd | Trendkite Inc | Business Services | 225.0 |
T-Mobile Netherlands BV | Tele2 Netherland BV | Telecommunications | 223.8 |
Preferred Office Ppty Llc | Capitol Towers | Real Estate; Mortgage Bankers and Brokers | 208.8 |
FLIR Systems Inc | Aeryon Labs Inc | Aerospace and Aircraft | 200.0 |
PPF Real Estate Holding BV | Stokmann SPB-TK Nevskii | Real Estate; Mortgage Bankers and Brokers | 198.0 |
Carlisle Constr Materials | Petersen Alum Corp | Wholesale Trade-Durable Goods | 197.0 |
Zur Rose Group AG | medpex-Shipping Activities | Miscellaneous Retail Trade | 195.5 |
Vantage Data Centers | 4degrees Colocation Inc | Real Estate; Mortgage Bankers and Brokers | 193.2 |
Leon Technology Co Ltd | Hangzhou Worth Tech Co Ltd | Business Services | 189.9 |
Rex Spain ZDHL SL | Hispania-Office Portfolio | Real Estate; Mortgage Bankers and Brokers | 187.6 |
Taiyo Pharma Co Ltd | Chugai Pharm Co-Off-patent Pha | Drugs | 187.3 |
Kaga Electronics Co Ltd | Fujitsu Electronics Inc | Wholesale Trade-Durable Goods | 183.8 |
Shengda Mining Co Ltd | Inner Mongolia Jinshan Mining | Mining | 182.7 |
Kadant Inc | Syntron Material Handling LLC | Machinery | 179.0 |
Investor Group | Banca MPS-Non Performing Loans | Credit Institutions | 176.5 |
NN Group NV | Aegon-Life Ins & Pension bsn | Insurance | 175.8 |
Waterton Associates LLC | Bainbridge Cos LLC-Apt Portfol | Real Estate; Mortgage Bankers and Brokers | 169.0 |
Ecolab U.S. 2 Inc | Bioquell PLC | Drugs | 168.7 |
Golden Entertainment Inc | Colorado Belle Gaming LLC | Hotels and Casinos | 168.0 |
Nitto Kogyo Corp | Kitagawa Industries Co Ltd | Electronic and Electrical Equipment | 165.6 |
Sekisui House Reit Inc | Sekisui House Ltd-The Ritz-Car | Hotels and Casinos | 162.8 |
Investor Group | Masisa Sa-Mexican Op | Wood Products, Furniture, and Fixtures | 160.0 |
Chow Tai Fook Invest Co Ltd | Yunnan Jinggu Forestry Co Ltd | Chemicals and Allied Products | 159.4 |
Blackbaud Inc | YourCause LLC | Prepackaged Software | 157.0 |
VSE Aviation Inc | 1st Choice Aerospace Inc | Air Transportation and Shipping | 152.0 |
MIRAIT Holdings Corp | Solcom Co Ltd | Business Services | 150.5 |
Will Semiconductor Co Ltd | Shenzhen Xinneng Invest Co | Investment & Commodity Firms,Dealers,Exchanges | 145.1 |
Public Sector Pension Invest | BFB Pty Ltd | Retail Trade-Food Stores | 143.9 |
Starwood Capital Group LLC | Autonomy Americas LLC- Office | Real Estate; Mortgage Bankers and Brokers | 142.3 |
Ingenico Group SA | Paymark Ltd | Business Services | 138.0 |
Pembrey Asset Management Ltd | Hins Intrst LP-One Barthlmw | Real Estate; Mortgage Bankers and Brokers | 137.9 |
Kingland Technology Co Ltd | China State Science Dingshi | Miscellaneous Services | 137.8 |
Brink's Co | Rodoban | Business Services | 130.0 |
Merlin Properties SOCIMI SA | Office Buildings, Parque das N | Real Estate; Mortgage Bankers and Brokers | 127.9 |
Cccg Real Estate Corp Ltd | Beijing Lianhe Re Co Ltd | Real Estate; Mortgage Bankers and Brokers | 125.6 |
Oxford Properties Group Inc | Longwood Group-Serenity Apts | Real Estate; Mortgage Bankers and Brokers | 123.0 |
Service Stream Ltd | Comdain Infrastructure Pty | Business Services | 120.9 |
PolyOne Corp | Fiber-Line Inc | Metal and Metal Products | 120.0 |
Western Mining Co Ltd | Subei Bolun Mining Ind Dvlp | Mining | 117.3 |
Dalata Hotel Group PLC | Hintergard Ltd | Hotels and Casinos | 117.2 |
Yongsheng Advanced Materials | First Intelligence Intl Ltd | Real Estate; Mortgage Bankers and Brokers | 115.3 |
Penn National Gaming Inc | Margaritaville-Operational Ast | Hotels and Casinos | 115.0 |
Lasalle Invest Mgmt Inc | Royal Metro Mgmt-Und Madrid Bl | Real Estate; Mortgage Bankers and Brokers | 113.9 |
Iliad SA | Jaguar Network SASU | Business Services | 113.6 |
Schibsted ASA | Schibsted Classified Media | Advertising Services | 113.6 |
Brass Enterprises Inc | The Allen Morris Co-Hermitage | Real Estate; Mortgage Bankers and Brokers | 107.6 |
Fidelidade Cia De Seguros Sa | La Positiva Seguros | Insurance | 107.4 |
Smith & Nephew PLC | Ceterix Orthopaedics Inc | Measuring, Medical, Photo Equipment; Clocks | 105.0 |
LendingTree Inc | Value Holding Inc | Business Services | 105.0 |
Investor Group | JALCO Holdings Inc | Electronic and Electrical Equipment | 104.2 |
Gencom Platform LLC | Beachcomber Resorts LLC | Hotels and Casinos | 100.0 |
Loomis AB | CPoR Devises SA | Business Services | 98.0 |
Will Semiconductor Co Ltd | Shenzhen Xinli Invest Co Ltd | Investment & Commodity Firms,Dealers,Exchanges | 97.5 |
Clean Agriculture & Intl | Cnsld Pastoral Co-Cattle | Agriculture, Forestry, and Fishing | 96.5 |
Ningbo Pengfeng Trade Co Ltd | Dongjian Invest Consulting | Investment & Commodity Firms,Dealers,Exchanges | 93.6 |
Metlife Chile Seguros | Inversiones El Bosque 90 SA | Investment & Commodity Firms,Dealers,Exchanges | 90.0 |
Zibo Qixiang Tengda Chem Co | Heze Huali New Material Co Ltd | Chemicals and Allied Products | 89.5 |
MIRAIT Holdings Corp | Shikokutsuken Co Ltd | Construction Firms | 88.4 |
Cubic Corp | GRIDSMART Technologies Inc | Business Services | 87.0 |
Investor Group | Montgomery White Oak | Real Estate; Mortgage Bankers and Brokers | 86.8 |
Gopal SPV 2018 SLU | Surfing Moon Investments SL | Real Estate; Mortgage Bankers and Brokers | 85.2 |
GFH Financial Group BSC | Westside Office Business Park | Real Estate; Mortgage Bankers and Brokers | 84.8 |
Darnum Pk Pty Ltd | Beingmate (Australia)-Factory | Real Estate; Mortgage Bankers and Brokers | 84.6 |
Industrial Bank Of Korea | Bank Agris Tbk PT | Commercial Banks, Bank Holding Companies | 82.9 |
Agile Eco Tech (Hong Kong) | Xintao Invest Co Ltd | Sanitary Services | 81.0 |
Axos Clearing LLC | COR Securities Holdings Inc | Investment & Commodity Firms,Dealers,Exchanges | 80.0 |
Aramex PJSC | Saudi Tal For Commerce And | Business Services | 80.0 |
Nationwide Platforms Ltd | UK Platforms Ltd | Business Services | 79.1 |
Grand Prominent Intl Ltd | Shenzhen Qianhai CITIC-Asts | Real Estate; Mortgage Bankers and Brokers | 78.5 |
OceanFirst Financial Corp | Capital Bank of New Jersey | Commercial Banks, Bank Holding Companies | 77.3 |
OpenText Corp | Catalyst Repository Systems | Business Services | 75.0 |
Luminex Corp | EMD Millipore-Flow Cytometry | Measuring, Medical, Photo Equipment; Clocks | 75.0 |
Feelwaymnc Co Ltd | Feelway Co Ltd | Telecommunications | 74.6 |
Bain Capital Credit LP | Banca Monte Dei Paschi-NPL | Commercial Banks, Bank Holding Companies | 72.2 |
NETS Denmark A/S | Dotcard Sp z o o | Other Financial | 71.2 |
Banca Ifis SpA | FBS SpA | Investment & Commodity Firms,Dealers,Exchanges | 69.8 |
Leon Technology Co Ltd | Guangzhou Big One Internet | Business Services | 69.4 |
Acreage Hldg Inc | Nature's Way Nursery Of Miami | Drugs | 67.0 |
Western Mining Co Ltd | Hami Bolun Mining Ind Co Ltd | Mining | 65.0 |
Investor Group | EFESO Consulting | Business Services | 63.9 |
Stockbridge Capital Group LLC | Powerline Bus Pk,Pompano Beach | Real Estate; Mortgage Bankers and Brokers | 62.3 |
OKC Holdings Corp | Leap Hldg Grp Ltd | Construction Firms | 61.7 |
JTEKT Corp | Daibea Co Ltd | Machinery | 59.5 |
Aberdeen Standard Invests Ltd | Eurocoml Ppty Nv-Le Centre | Real Estate; Mortgage Bankers and Brokers | 57.3 |
Coslar SPV 2018 SLU | Pallars 193-205 SL | Real Estate; Mortgage Bankers and Brokers | 57.0 |
Indorama Netherlands BV | PT Indorama Petrochemicals | Chemicals and Allied Products | 56.4 |
Lakeland Bancorp Inc | Highlands Bancorp Inc | Commercial Banks, Bank Holding Companies | 55.1 |
Daishin Balance SPAC 3 | Neosem Inc | Measuring, Medical, Photo Equipment; Clocks | 51.1 |
AF Gruppen ASA | Hmb Holding AB | Construction Firms | 50.5 |
Salmones Blumar SA | Salmones Ice Val Ltda | Agriculture, Forestry, and Fishing | 50.4 |
TILT Holdings Inc | Blackbird Holdings Inc | Investment & Commodity Firms,Dealers,Exchanges | 50.0 |
Sunoco LP | Schmitt Sales Inc-Whl Fuel | Wholesale Trade-Nondurable Goods | 50.0 |
Aphria Inc | CC Pharma GmbH | Drugs | 48.5 |
National Oilwell Varco Inc | Esntra PLC-Ppe Tec Prtctin Bus | Metal and Metal Products | 48.0 |
Palmer Capital Ltd | J Sainsbury PLC-Retail Park | Retail Trade-General Merchandise and Apparel | 47.8 |
Noritz Corp | PB Heat LLC | Machinery | 47.0 |
IMC Equity Group | Peppertree Plaza,Margate,Flor | Real Estate; Mortgage Bankers and Brokers | 45.5 |
DigiCert Inc | Quovadis Trustlink Schweiz AG | Prepackaged Software | 45.1 |
Pulse Seismic Inc | Seitel Canada Ltd | Business Services | 44.2 |
Young & Co's Brewery PLC | Redcomb Pubs Ltd | Retail Trade-Eating and Drinking Places | 44.1 |
Inteligo Peru Holdings SAC | Interfondos SAF | Investment & Commodity Firms,Dealers,Exchanges | 44.0 |
Suzhou Industrial Pk Calient | Huizhou Zehong Tech Co Ltd | Metal and Metal Products | 43.6 |
KKR & Co Inc | Rockefeller Grp Intl | Real Estate; Mortgage Bankers and Brokers | 43.5 |
Investor Group | Juanbung & Boyong Cattle | Agriculture, Forestry, and Fishing | 43.3 |
Hefei Urban Constr Dvlp Co Ltd | Sanya Fengle Industrial Co Ltd | Agriculture, Forestry, and Fishing | 43.3 |
Zagg Inc | Halo2Cloud LLC | Wholesale Trade-Durable Goods | 43.0 |
Zenabis Global Inc | Sun Pharm Investments Ltd | Wholesale Trade-Nondurable Goods | 42.1 |
The Solomon Organization LLC | Grand at Florence,Oakbrook,KY | Real Estate; Mortgage Bankers and Brokers | 40.2 |
Strukton Rail BV | Costruzioni Linee | Real Estate; Mortgage Bankers and Brokers | 39.9 |
Predator Blockchain Capital | Highwood Oil Co Ltd | Oil and Gas; Petroleum Refining | 39.3 |
Shifeng Intl Invest Co Ltd | Zaozhuang Zhongke Envi | Sanitary Services | 37.6 |
Spinrite LP | Coats Grp Plc-N America | Textile and Apparel Products | 37.0 |
Sea Harvest Group Ltd | Ladismith Cheese Co (Pty) Ltd | Food and Kindred Products | 36.5 |
Nielsen Media Research Ltd | Ebiquity-Advg Intelligence Bus | Business Services | 36.0 |
IBJ Leasing Co Ltd | Verena Multi Finance Tbk PT | Credit Institutions | 34.6 |
Northwest Indiana Bancorp | AJS Bancorp Inc,Midlothian,IL | Commercial Banks, Bank Holding Companies | 34.4 |
Guangdong New Grand Long | Jiangsu Unicom Era Printing | Printing, Publishing, and Allied Services | 32.6 |
Jespar Age Ltd | Prospect Converge Ltd | Textile and Apparel Products | 32.4 |
POSCO Co Ltd | Posco Processing & Svc Co Ltd | Metal and Metal Products | 31.7 |
Meridia Real Estate III SOCIMI | Hotel Tryp Chamartin | Hotels and Casinos | 31.6 |
Nancal Energy-Saving Tech Co | Shanghai United Grand Info | Prepackaged Software | 31.3 |
Phillips Edison Grocery Center | Ashburn Farm Village Shopping | Real Estate; Mortgage Bankers and Brokers | 30.9 |
Battery Ventures LP | Guardsquare NV | Business Services | 29.0 |
Relaxo Footwears Ltd | Marvel Polymers Pvt Ltd | Chemicals and Allied Products | 28.7 |
Just Eat PLC | Flyt Ltd | Prepackaged Software | 28.4 |
Synalloy Corp | Amer Stainless Tubing Inc | Metal and Metal Products | 28.0 |
One Valley Peru SAC | Karmin Peru SAC | Mining | 27.5 |
ESW Holdings Inc | SLI Systems Ltd | Business Services | 27.3 |
Direct Energy Business LLC | SPG Energy Group LLC | Electric, Gas, and Water Distribution | 27.0 |
Diamond Electric Mfg Co Ltd | Tabuchi Electric Co Ltd | Electronic and Electrical Equipment | 26.8 |
Xinjiang Qingsong Bldg | Xinjiang Wujiaqu Qingsong | Stone, Clay, Glass, and Concrete Products | 26.7 |
Marfrig Global Foods SA | BRF SA-Varzea Grande unit | Food and Kindred Products | 25.8 |
Cafe24 Corp | Feelwaymnc Co Ltd | Investment & Commodity Firms,Dealers,Exchanges | 25.8 |
Summit Financial Group Inc,WV | Peoples Bankshares Inc | Commercial Banks, Bank Holding Companies | 25.5 |
Aldeyra Therapeutics Inc | Helio Vision Inc | Business Services | 24.8 |
Alpha Sq | Prelios Sgr-Borgonovo Ent Ctr | Real Estate; Mortgage Bankers and Brokers | 24.7 |
Greenwich Hospity Grp Llc | W Bay Beach Holiday Inn | Hotels and Casinos | 23.2 |
Nanjing Red Sun Co Ltd | Ruralco Soluciones SA | Agriculture, Forestry, and Fishing | 23.0 |
Biotage AB | PhyNexus Inc | Business Services | 21.6 |
Accredited Ins (Europe) Ltd | MPS Risk Solutions Ltd | Insurance | 21.0 |
Rentas Patio I SpA | Desarollos Comerciales SA | Real Estate; Mortgage Bankers and Brokers | 21.0 |
Republic Properties Corp | Vert at Six Forks,Raleigh,NC | Real Estate; Mortgage Bankers and Brokers | 21.0 |
Caspian Sunrise Plc | 3A Best Group JSC | Oil and Gas; Petroleum Refining | 20.7 |
Sunstone Development Co Ltd | Chongqing Jinqi Tansu Co Ltd | Chemicals and Allied Products | 20.4 |
Premier Technical Svcs Grp PLC | Trinity Fire & Security System | Business Services | 20.3 |
Orchard Street Invest Mgmt LLP | Trade City Reading | Transportation and Shipping (except air) | 20.2 |
ISR Capital Ltd | Tantalum Hldg (Mauritius) Ltd | Mining | 19.8 |
Shanghai Lisheng Racing Co Ltd | Top Speed (Shanghai) Ltd | Amusement and Recreation Services | 19.8 |
Vallen Distribution Inc | Graham Coml Ppty-2100 The Oaks | Real Estate; Mortgage Bankers and Brokers | 19.6 |
Carolina Trust BancShares Inc | Clover Community Bankshares | Commercial Banks, Bank Holding Companies | 19.1 |
Khvatec Hanoi Co Ltd | Bokwang Vina Co Ltd-Bldg & | Investment & Commodity Firms,Dealers,Exchanges | 18.8 |
Eagle Bancorp Montana Inc | Big Muddy Bancorp Inc | Commercial Banks, Bank Holding Companies | 18.7 |
Ephs Holdings Inc | Merritt Valley Cannabis Co | Drugs | 18.6 |
Beijing Creative Distn | Polar Photovoltaics Co Ltd | Electronic and Electrical Equipment | 18.4 |
Shenzhen CDL Precision Tech | Guangdong Artes Tech Co Ltd | Electronic and Electrical Equipment | 18.3 |
Aam Invest Grp Pty Ltd | Allied Timber-Softwood Sawmill | Wood Products, Furniture, and Fixtures | 17.9 |
Esteem Sun Ltd | Noble Realm Ltd | Business Services | 17.2 |
Investor Group | WayCool Foods & Prod Pvt Ltd | Retail Trade-Food Stores | 17.0 |
AGC Networks Pte Ltd | Black Box Corp | Telecommunications | 16.8 |
Go Plant Ltd | Truck Hire Ltd | Repair Services | 16.7 |
Shandong Sito Bio-Tech Co Ltd | Heze Runxin Thermal Power Co | Electric, Gas, and Water Distribution | 16.6 |
Security Properties Inc | Highlands Apartment Community | Real Estate; Mortgage Bankers and Brokers | 16.5 |
Itek Semiconductor Inc | Samsung Medicos Co Ltd | Soaps, Cosmetics, and Personal-Care Products | 16.1 |
Zhende Medical Co Ltd | Suzhou Medsport Prod Co Ltd | Measuring, Medical, Photo Equipment; Clocks | 15.2 |
Green Relief Inc | Bodhi Research & Development | Business Services | 15.0 |
Altos Hornos De Mexico Sa De | Erp Iron Ore Llc-Reynolds | Mining | 15.0 |
Generex Biotechnology Corp | Regentys Corp | Drugs | 15.0 |
Guangzhou Hongjin Invest Co | Hongji Chuangneng Tech | Business Services | 14.9 |
U & I Group PLC | Waterglade Retail Park | Retail Trade-General Merchandise and Apparel | 14.9 |
Alpha Professional Hldg Ltd | Great Empire Intl Grp Ltd | Investment & Commodity Firms,Dealers,Exchanges | 14.6 |
Verena Multi Finance Tbk PT | PT IBJ Verena Finance | Credit Institutions | 14.6 |
Investor Group | CIMB Howden Insurance Brokers | Insurance | 14.4 |
HLIF | LXI-Suppt Living Portfolio(11) | Real Estate; Mortgage Bankers and Brokers | 14.4 |
Unicafe Inc | Art Coffee Co Ltd | Food and Kindred Products | 13.2 |
Terrascend Corp | Grander Distn Llc | Wholesale Trade-Nondurable Goods | 13.0 |
James Fisher & Sons PLC | Martek Holdings Ltd | Measuring, Medical, Photo Equipment; Clocks | 12.8 |
Kunming Yunnei Power Co Ltd | Hefei Jianghuai Chaochai | Machinery | 12.7 |
Vertu Motors PLC | Vansdirect Ltd | Insurance | 12.1 |
Frutarom Industries Ltd | Mighty Co Ltd | Food and Kindred Products | 11.9 |
ZTI Merger Subsidiary III Inc | Keymile GmbH | Telecommunications | 11.8 |
UMP Medical Centre Ltd | SkinCentral Ltd | Health Services | 11.6 |
Converge Tech Solutions Corp | Software Info Sys Inc | Business Services | 11.5 |
Investor Group | Datang Ronghe (Henan) Info | Business Services | 11.3 |
James Fisher & Sons PLC | Murjan Al-Sharq For Marine | Construction Firms | 11.1 |
Shinwa Co Ltd | Daishin Inc | Rubber and Miscellaneous Plastic Products | 11.0 |
Cantel Medical Corp | Vista Research Grp Llc | Machinery | 10.5 |
Marlowe PLC | Atana Ltd | Sanitary Services | 10.5 |
MPG Funds Management Ltd | Seacrest Shopping,Geraldton | Real Estate; Mortgage Bankers and Brokers | 10.4 |
Masterwork Group Co Ltd | Tianjin Guiguan Pkg Materials | Paper and Allied Products | 10.1 |
Americore Hldg LLC | St Alexius Hospital | Health Services | 10.0 |
Shenzhen Qianhai Xuanzhuo | Qingyuan Bocheng Municipal | Business Services | 10.0 |