TargetAcquirerValue ($millions)Synopsis
Loxo Oncology IncEli Lilly & Co7,985.3Eli Lilly & Co definitively agreed to acquire the entire share capital of Loxo Oncology Inc, a Stamford-based biopharmaceutical company, from Aisling Capital III LP and other shareholders, for $235 in cash per share or a total of $7.985 billion via tender offer. The offer was conditioned upon at least a majority of Loxo’s shares being tendered.
QEP Resources IncElliott Management Corp1,969.4Elliott Management Corp plans to acquire the remaining 95.059% stake or 225.071 million common shares it does not already own in QEP Resources Inc, a Denver-based producer of crude petroleum and natural gas, for $8.75 in cash per share or a total of 1.969 billion via an unsolicited offer.
VaaS International Holdings IncMotorola Solutions Inc445.0Motorola Solutions Inc acquired VaaS International Holdings Inc, a Fort Worth-based provider of data processing and hosting services, for $445 million in cash and common shares.
Aquion IncPentair PLC160.0Pentair PLC of the UK definitively agreed to acquire Aquion Inc, a Roselle-based manufacturer of commercial and service industry machinery, for $160 million in cash.
HopFed Bancorp IncFirst Financial Corp139.6First Financial Corp definitively agreed to merge with HopFed Bancorp Inc, a Hopkinsville-based savings institution, for $139.633 million. The consideration would consist of a choice of $21 in cash per share or 0.444 common shares, subject to proration whereby 50% of the total consideration would be paid in common shares and the remaining 50% to be paid in cash.
We-Rent-ItH&E Equipment Services Inc100.0H&E Equipment Services Inc plans to acquire We-Rent-It, a Bastrop-based provider of machinery and equipment rental and leasing services, for $100 million in cash.
Joseph Cory Holdings LLCJB Hunt Transport Services Inc100.0JB Hunt Transport Services Inc definitively agreed to acquire Joseph Cory Holdings LLC, a Secaucus-based home delivery services provider, for $100 mil.
Advanced Grow Labs LLCGreen Thumb Industries Inc80.0Green Thumb Industries Inc definitively agreed to acquire Advanced Grow Labs LLC, a West Haven-based medical marijuana products manufacturer, for about $80 million. The consideration would consist of $15 million in cash, $65 million in subordinate voting shares and undisclosed amount in profit-related payments.
Nature’s Way Nursery of Miami IncAcreage Holdings Inc67.0Acreage Holdings Inc acquired Nature’s Way Nursery of Miami Inc, a Miami-based medical cannabis manufacturer, for $67 million. The consideration consisted of $64 million in cash and $4 million in Acreage units.
PB Heat LLCNoritz Corp47.0Noritz Corp of Japan acquired the entire share capital of PB Heat LLC, a Bally, Pennsylvania-based manufacturer of gas and oil boilers, from Atlantic Shores Corp for $47 mil.
Grand at Florence,Oakbrook,KYThe Solomon Organization LLC40.2The Solomon Organization LLC acquired Grand at Florence, an apartment community in Oakbrook, from Schottenstein Real Estate Group LLC for $40.15 mil.
Aimbridge Hospitality LPAdvent International CorpAdvent International Corp definitively agreed to acquire a majority interest in Aimbridge Hospitality LP, a Plano-based hotel operator, from Lee Equity Partners LLC via a leveraged buyout transaction.
GE Capital Aviation Services IncApollo Global Management LLCApollo Global Management LLC is rumored to be planning to acquire GE Capital Aviation Services Inc, a Stamford-based provider of commercial transportation equipment rental and leasing services, for around $40 billion from GE Commercial Finance Inc, ultimately owned by General Electric Co.
Payroll Maxx LLCAsure Software IncAsure Software Inc acquired Payroll Maxx LLC, an Omaha-based payroll services provider.
US Zinc CorpAterian Investment Partners LLCAterian Investment Partners LLC acquired US Zinc Corp, a Houston-based aluminum processor, via a leveraged buyout transaction from Votorantim Metais Ltda, owned by Votorantim Industrial SA.
Saxco International LLCAtlas Holdings LLCAtlas Holdings LLC acquired Saxco International LLC, a Horsham-based glass packaging products manufacturer, from The Sterling Group LP via a leveraged buyout transaction.
Next Financial Group IncAtria Wealth Solutions IncLee Equity Partners LLC’s unit Atria Wealth Solutions Inc agreed to acquire the entire share capital of Next Financial Group Inc, a Houston-based securities brokerage. The transaction will include Next Financial Insurance Services Co and Visionary Asset Management Inc.
Dominion Partners LLC-Seniors Housing Property Portfolio(9)Bridge Investment Group Partners LLCBridge Investment Group Partners LLC acquired a portfolio of nine seniors housing from Dominion Partners LLC, a Birmingham-based provider of land subdivision services, via a leveraged buyout transaction.
Somerby Senior Living Services LLCBridge Seniors Housing Fund Manager LLCBridge Investment Group Partners LLC’s unit Bridge Seniors Housing Fund Manager LLC acquired Somerby Senior Living Services LLC, a Birmingham-based continuing care retirement community. Concurrently, Bridge Seniors acquired a portfolio of nine-property seniors housing.
Coates Rv CenterCamping World Holdings IncCamping World Holdings Inc acquired Coates RV Center, a Hugo-based travel trailers manufacturer.
Zero Mountain IncCloverleaf Cold Storage Co IncCloverleaf Cold Storage Co Inc agreed to merge with Zero Mountain Inc, a Fort Smith-based cold storage warehousing and transportation company.
Taylor Security & Lock Co IncCraftmaster Hardware LLCCapital Resource Partners’ unit Craftmaster Hardware LLC acquired Taylor Security & Lock Co Inc, a Gaithersburg-based hardware wholesaler.
Ritzman Pharmacies Inc-Retail Pharmacies(20)CVS Pharmacy IncCVS Health Corp’s unit CVS Pharmacy Inc plans to acquire the 20 retail pharmacies of Ritzman Pharmacies Inc, a Medina-based drug store operator.
Pupkeep LLCDaySmart Software IncDaySmart Software Inc acquired Pupkeep LLC, a Charlotte-based provider of computer related services.
Leo Enterprises LLCDS CoDS Co acquired Leo Enterprises LLC, an American Fork-based provider of data processing and hosting services.
General Microcircuits IncEast West Manufacturing LLCEast West Manufacturing LLC acquired General Microcircuits Inc, a Mooresville-based bare printed circuit boards manufacturer.
Great Lakes Cheese Co Inc-Blue cheese plant,Seymour,WIEmmi AGZMP Invest AG’s unit Emmi AG of Switzerland plans to acquire the blue cheese plant in Seymour, Wisconsin from Great Lakes Cheese Co Inc, a Hiram-based cheese maker.
East Cheyenne Natural Gas Storage Facility,ColoradoEnstor Gas LLCAmphora Gas Storage USA LLC’s unit Enstor Gas LLC acquired East Cheyenne Natural Gas Storage Facility, a 12-billion-cubit foot natural gas storage facility in Colorado.
Garretson Resolution GroupEpiq Systems IncEpiq Systems Inc acquired Garretson Resolution Group, a Cincinnati-based provider of insurance-related services.
Boston Biomedical Associates LLCFactory Cro Group BVFactory Cro Group BV of Netherlands merges with Boston Biomedical Associates LLC, a Marlborough-based provider of biotechnology research and development services.
Salarius Pharmaceuticals LLCFlex Pharma IncFlex Pharma Inc definitively agreed to merged with Salarius Pharmaceuticals LLC, a Houston-based pharmaceutical preparations manufacturer. Upon completion of the deal, Flex and Salarius will respectively own 19.9% and 80.1% of the merged entity, which will be renamed as Salarius Pharmaceuticals Inc.
Ubermedia Inc-Managed Media BusinessGimbal IncPaedae Inc’s unit Gimbal Inc acquired the managed media business of Ubermedia Inc, a Pasadena-based software reproducer ultimately owned by PostUp Inc.
Lipari Foods IncHIG Capital LLCHIG Capital LLC acquired Lipari Foods Inc, a Warren-based packaged frozen food wholesaler, from Sterling Investment Partners LP via a secondary buyout transaction. Originally, Sterling Investment Partners acquired Lipari Foods Inc via a leveraged buyout transaction.
Aloisio Insurance Associates IncHilb Group LLCBHMS Investments LP’s unit Hilb Group LLC acquired Aloisio Insurance Associates Inc, a North Providence-based insurance agency.
Hosting.ComHostway CorpLittlejohn & Co LLC’s unit Hostway Corp merges with, a Denver-based internet service provider, from LNH Inc, ultimately owned by Pamlico Capital LLC.
The Rubin Group IncHub International LtdHellman & Friedman LLC’s unit Hub International Ltd acquired The Rubin Group Inc, a New York City-based insurance agency.
Aspen Lincoln HousingInvestor GroupAn investor group, comprising AGC Equity Partners Ltd and GMH Capital Partners Inc, acquired Aspen Lincoln, a 203,552 sq ft, 632-bed student housing community in Lincoln.
Attom Data SolutionsLovell Minnick Partners LLCLovell Minnick Partners LLC acquired ATTOM Data Solutions, an Irvine-based internet service provider, via a leveraged buyout transaction.
Emmaus Life Sciences IncMYnd Analytics IncMYnd Analytics Inc definitively agreed to merge with Emmaus Life Sciences Inc, a Torrance-based pharmaceutical preparations manufacturer, for undisclosed common shares.
Quoizel IncNBG HomeSycamore Partners LLC’s unit NBG Home acquired Quoizel Inc, a Goose Creek-based decorative lighting manufacturer.
Kamiya Biomedical Co LLCNittobo America IncNitto Boseki Co Ltd’s unit Nittobo America Inc agreed to acquire the remaining 49% stake it does not already own in Kamiya Biomedical Co LLC, a Seattle-based manufacturer of in-vitro diagnostic substances.
Reimbursement Strategies LLCNorth American Science Associates IncNorth American Science Associates Inc acquired Reimbursement Strategies LLC, a Saint Paul-based provider of administrative management and general management consulting services.
Cherry Creek BenefitsOnedigital Health & BenefitsNew Mountain Capital LLC’s unit Onedigital Health & Benefits acquired Cherry Creek Benefits, an Englewood-based direct insurance carrier.
OGSystems LLCParsons CorpParsons Corp acquired OGSystems LLC, a Chantilly-based analytics software developer, from General Catalyst Partners LLC.
Quovo IncPlaid IncPlaid Inc acquired Quovo Inc, a New York City-based provider of data processing and hosting services, for around $200 mil.
ReadyJet IncPrimeflight Aviation Services IncThe Carlyle Group LP’s unit Primeflight Aviation Services Inc acquired ReadyJet Inc, a Johnstown-based janitorial services provider.
Providence Film Group LLCPureSpectrum IncPureSpectrum Inc acquired Providence Film Group LLC, a Los Angeles-based producer of motion pictures and videos. The transaction included Providence Films.
SSI Investment Management IncResolute Investment Managers IncResolute Investment Managers Inc agreed to acquire a majority interest in SSI Investment Management Inc, a Beverly Hills-based portfolio manager.
Olson Brothers Pro-Vac LLCRLJ Equity Partners LLCThe RLJ Cos’ unit RLJ Equity Partners LLC acquired Olson Brothers Pro-Vac LLC, a Puyallup-based contractor for plumbing, heating and air-conditioning, from Peninsula Capital Partners LLC and Silver Peak Partners via a leveraged buyout transaction.
R2P Group IncRose America CorpGuardian Capital Partners’ unit Rose America Corp acquired R2P Group Inc, a Pleasanton-based pet store operator.
Wilbur Curtis CoSEB SASEB SA of France plans to acquire Wilbur Curtis Co, a Montebello-based manufacturer of commercial and service industry machinery.
Mynd Analytics CaliforniaShareholdersMYnd Analytics Inc plans to spinoff Mynd Analytics California, a provider of ambulatory health care services, to its shareholders.
Partners In Technology IncSilverSun Technologies IncSilverSun Technologies Inc acquired Partners in Technology Inc, a Wheaton-based software reproducer.
Explorer.AiStandard Cognition CorpStandard Cognition Corp acquired Explorer.Ai, an Atlanta-based wholesaler of computer and computer peripheral equipment and software, in a bid to boost the development of automated checkout machines.
Think Wireless IncTaoglas LtdRepublic of Ireland’s Taoglas Ltd acquired Think Wireless Inc, a Coconut Creek-based manufacturer of wireless communications equipment.
ClearView Risk Holdings LLCThe Amynta GroupThe Amynta Group acquired ClearView Risk Holdings LLC, a Dallas-based insurance agency, from GCP Capital Partners LLC.
King Kullen Grocery Co IncThe Stop & Shop Supermarket Co LLCThe Stop & Shop Supermarket Co LLC, a unit of The Stop & Shop Cos, ultimately owned by Koninklijke Ahold Delhaize NV of Netherlands, agreed to acquire King Kullen Grocery Co Inc, a Bethpage-based supermarket operator.
PyraMax Bank FSB-Milwaukee,WI BranchTown Bank,Hartland,WIWintrust Financial Corp’s unit Town Bank acquired the Milwaukee, WI Branch of PyraMax Bank FSB, a Greenfield-based mutual bank.
US M&A Deals Announced January 4 to 10, 2019
Source: Thomson Reuters