Target | Acquirer | Value ($millions) | Synopsis |
Microsemi Corp | Microchip Technology Inc | 8,098.9 | Microchip Technology Inc definitively agreed to acquire Microsemi Corp, an Aliso Viejo-based manufacturer of semiconductors and related devices, for $68.78 in cash per share or a total of $8.099 billion. Originally, in February 2018, Microchip was rumored to be planning to acquire Microsemi. |
Blue Buffalo Pet Products Inc | General Mills Inc | 7,926.9 | General Mills Inc definitively agreed to merge with Blue Buffalo Pet Products Inc, a Wilton-based producer of natural food and treats for dogs and cats, for $40 in cash per share or a total of $7.927 billion from Invus Group LLC's unit Invus LP, the Bishop family, and other shareholders. |
Community Bank of Pasadena, Pasadena,CA | CVB Financial Corp,Ontario, California | 878.6 | CVB Financial Corp agreed to merge with Community Bank, a Pasadena-based provider of depository credit intermediation services, for about $878.6 million via a stock swap transaction. The consideration would consist of an estimated $177.5 million in cash and issuance of 30 million common shares valued at $701.1 million. The shares were valued at closing stock price of $23.37 on 23 February 2018, the last full trading day prior to the announcement. |
GenOn Energy Inc-Hunterstown Power Generation Facility | Platinum Equity LLC | 520.0 | Platinum Equity LLC definitively agreed to acquire the Hunterstown Power Generation Facility of the bankrupt GenOn Energy Inc, a Princeton-based electric power distributor owned by NRG Energy Inc, for about $520 million via a leveraged buyout transaction. |
Intermedix Corp | R1 RCM Inc | 460.0 | R1 RCM Inc definitively agreed to acquire Intermedix Corp, a Fort Lauderdale-based provider of healthcare information technology services, for about $460 million in cash from Thomas H. Lee Partners LP, ultimately owned by Thomas H. Lee Co. |
Spectrum Brands Holdings Inc | HRG Group Inc | 374.3 | Harbinger Capital Partners LLC's unit HRG Group Inc definitively agreed to acquire the remaining 40.671% stake it does not already own in Spectrum Brands Holdings Inc, a Middleton-based storage batteries manufacturer, for $374.295 million via a stock swap transaction. The shares were valued based on HRG's closing stock price of $15.9 on 23 February 2018, the last full trading day prior to the announcement. |
PHH Corp | Ocwen Financial Corp | 358.1 | Ocwen Financial Corp definitively agreed to acquire the entire share capital of PHH Corp, a Mt. Laurel-based provider of consumer lending services, for about $11 in cash per share or a total of $358.069 mil;ion. |
Phantom Cyber Corp | Splunk Inc | 350.0 | Splunk Inc definitively agreed to acquire the entire share capital of Phantom Cyber Corp, a Palo Alto-based security software provider, for about $350 million in cash and common stock. |
Terramar Retail Centers LLC-Premier Hawaii Retail Centers(3) | Alexander & Baldwin Inc | 316.0 | Alexander & Baldwin Inc acquired 3 premier Hawaii retail centers of Terramar Retail Centers LLC, a Carlsbad-based provider of land subdivision services, for $316 million. The consideration consisted of $254 million in cash and $62 million in assumed liabilities. |
Phunware Inc | Stellar Acquisition III Inc | 301.0 | Stellar Acquisition III Inc of Greece agreed to merge with Phunware Inc, an Austin-based provider of business support services, with the transaction valuing Phunware at an enterprise value of $301 million on a cash-free, debt-free basis. |
Presque Isle Downs & Casino,Erie,Pennsylvania | Churchill Downs Inc | 178.9 | Churchill Downs Inc definitively agreed to acquire Presque Isle Downs & Casino, an Erie-based casino operator, from Eldorado Resorts Inc for about $178.9 million in cash. Concurrently, Churchill definitively agreed to acquire Lady Luck Casino Vicksburg. |
Openwave Mobility Inc | Enea AB | 90.0 | Enea AB of Sweden agreed to acquire Openwave Mobility Inc, a Redwood City-based software publisher, for about $90 million. |
Kratos Public Safety & Security Solutions Inc | Securitas Electronic Security Inc | 69.0 | Securitas Electronic Security Inc definitively agreed to acquire Kratos Public Safety & Security Solutions Inc, a San Diego-based provider of security systems services, from Kratos Defense & Security Solutions Inc for $69 million. |
Lady Luck Casino Vicksburg,Vicksburg,Mississippi | Churchill Downs Inc | 50.6 | Churchill Downs Inc definitively agreed to acquire Lady Luck Casino Vicksburg, a Vicksburg-based casino operator, from Eldorado Resorts Inc for about $50.6 million in cash. Concurrently, Churchill definitively agreed to acquire the Presque Isle Downs & Casino. |
Scott-Rice Telephone Co | New Ulm Telecom Inc | 42.0 | New Ulm Telecom Inc plans to acquire Scott-Rice Telephone Co, a wireless telecommunications carrier, from Allstream Business US LLC for $42 million. |
Beaver Aerospace & Defense Inc | Heroux-Devtek Inc | 23.5 | Heroux-Devtek Inc of Canada plans to acquire Beaver Aerospace & Defense Inc, a Livonia-based manufacturer of relays and industrial controls, from Phillips Service Industries Inc. According to sources, the deal is expected to be valued at around $23.5 mil. |
Emmis Communications Corp-Radio Stations(2) | Entercom Communications Corp | 15.0 | Entercom Communications Corp plans to acquire 2 radio stations from Emmis Communications Corp, an Indianapolis-based radio network, for $15 million. |
MixOnSite USA Inc | Cematrix Corp | 5.0 | Cematrix Corp of Canada signed a letter of intent to acquire the entire share capital of MixOnSite USA Inc, a Buffalo Grove-based structure contractor, for $5.003 million. The consideration would consist of $2.5 million in cash, the issuance of 3.43 million Cematrix common shares valued at $0.503 million and a $2 million convertible note. The shares were valued based on Cematrix' closing stock price of $0.15 on 23 February 2018, the last full trading day prior to the announcement. |
Stuart Yard Corp | Grand Banks Yachts Ltd | 3.2 | Investindustrial Asian Development Holdings SA's unit Grand Banks Yachts Ltd plans to acquire the entire share capital of Stuart Yard Corp, a Stuart-based marina operator, for $3.2 million. |
WattMaster Controls Inc | AAON Inc | | AAON Inc acquired WattMaster Controls Inc, a Parkville-based manufacturer of measuring, displaying and controlling variables instruments and related products. |
Merlin Solar Technologies Inc | AC Industrial Technology Holdings Inc | | Ayala Corp's unit AC Industrial Technology Holdings Inc of the Philippines acquired a 78.2% stake in Merlin Solar Technologies Inc, a San Jose-based wholesaler for plumbing and heating equipment and supplies. |
TOMCO2 Systems Co | Air Water Inc | | Air Water Inc of Japan acquired the entire share capital of TOMCO2 Systems Co, a Loganville-based manufacturer of power boilers and heat exchangers. |
Ring Inc | Amazon.Com Inc | | Amazon.Com Inc agreed to acquire Ring Inc, a Santa Monica-based communications equipment manufacturer, for around $1 bil. |
San Diego Composites inc | Applied Composites Engineering Inc | | AC&A LLC's unit Applied Composites Engineering Inc acquired San Diego Composites Inc, a San Diego-based manufacturer and wholesaler of missle systems. |
AddStructure Corp | Bazaarvoice Inc | | Marlin Equity Partners LLC's unit Bazaarvoice Inc acquired AddStructure Corp, a Chicago-based provider of search and discovery applications for e-commerce companies. |
W.E. Shone Co-Business | BMC Stock Holdings Inc | | BMC Stock Holdings Inc plans to acquire the business of W.E. Shone Co, a Middletown-based building material dealer. |
Action Fabricators Inc | Boyd Corp | | Boyd Corp acquired Action Fabricators Inc, a Grand Rapids-based adhesives manufacturer. |
Cohn & Wolfe | Burson-Marsteller Inc | | Young & Rubicam Inc's unit Burson-Marsteller Inc acquired the remaining stake it did not already own in Cohn & Wolfe, a New York-based public relations agency, from Young & Rubicam Inc, ultimately owned by WPP PLC. |
Modern Market | Butterfly Equity LP | | Butterfly Equity LP acquired Modern Market, a farm-to-table fast casual restaurant company, via a leveraged buyout transaction. |
Axom Technologies Inc | By Light Professional IT Services LLC | | Sagewind Capital LLC's unit By Light Professional IT Services LLC plans to merge with Axom Technologies Inc, an Annapolis Junction-based provider of computer systems design services. |
CalRAM Inc | Carpenter Technology Corp | | Carpenter Technology Corp acquired CalRAM Inc, a Simi Valley-based manufacturer of fabricated structural metal products, from Midstate Berkshire, ultimately owned by Insight Equity Holdings LLC. |
MHM Services Inc | Centene Corp | | Centene Corp definitively agreed to acquire the entire share capital of MHM Services Inc, a Vienna-based blood and organ bank. The consideration would consist of a combination of cash and Centene common shares. |
Poloniex LLC | Circle Internet Financial Ltd | | Circle Internet Financial Ltd of Republic of Ireland acquired Poloniex LLC, a Boston-based internet service provider, for around $400 mil. |
Xymat LLC | CR3 Capital LLC | | CR3 Capital LLC acquired Xymat LLC, a Colorado Springs-based manufacturer of fabricated structural metal products, via a leveraged buyout transaction. |
Indaba Media LLC | Distributed Creation Inc | | Distributed Creation Inc acquired Indaba Media LLC, a New York City-based online music community. |
Property Management Business Solutions Llc | Dwyer Franchising LLC | | Dwyer Franchising LLC acquired Property Management Business Solutions LLC, a Salt Lake City-based nonresidential property manager. |
B&B Roadway & Security Solutions LLC | Empeiria Capital Partners LLC | | Empeiria Capital Partners LLC acquired B&B Roadway & Security Solutions LLC, a Russellville-based provider of security systems services, via a leveraged buyout transaction. |
Sheraton Suites Plantation | Everwood Hospitality Partners | | Everwood Hospitality Partners acquired the Sheraton Suites Fort Lauderdale Plantation, a 263-room 3-star hotel in Florida, for $24.66 million. |
Clearwater Capital Partners LLC | Fiera Capital Corp | | Fiera Capital Corp of Canada plans to acquire Clearwater Capital Partners LLC, a New York City-based provider of financial investment services, for around $21 million. |
Stop Alarms Inc | Frase Protection Inc | | Frase Protection Inc acquired Stop Alarms Inc, a Memphis-based wholesaler of electrical apparatuses and equipment. |
Navistar International Corp-Railcar Operations Assets | FreightCar America Inc | | FreightCar America Inc agreed to acquire the railcar operations assets of Navistar International Corp, a Lisle-based manufacturer of medium and heavy trucks including school buses, mid-range diesel engines and service parts. |
EC Power LLC-AutoLion Battery Modeling Software Business | Gamma Technologies LLC | | Gamma Technologies LLC acquired the Autolion battery modeling software business of EC Power LLC, a State College-based storage batteries manufacturer. |
Waterford Place | Greystar Real Estate Partners LLC | | Greystar Real Estate Partners LLC acquired Waterford Place, a 336-unit garden-style apartment community in Thornton. |
Syncromatics Corp | Grupo Tecnologico e Industrial GMV SA | | Grupo Tecnologico e Industrial GMV SA of Spain acquired the remaining 24% stake it did not already own in Syncromatics Corp, a Los Angeles-based software publisher. |
Star Real Estate Co | House Of Seven Gables Real Estate Inc | | House of Seven Gables Real Estate Inc has merged with Fountain Valley-based Star Real Estate Co. |
5D Robotics Inc | Humatics Corp | | Humatics Corp acquired 5D Robotics Inc, a Carlsbad-based software publisher. |
Nanocomp Technologies Inc | Huntsman Corp | | Huntsman Corp plans to acquire Nanocomp Technologies Inc, a Merrimack-based carbon black manufacturer. |
Arcturus Telecom LLC | Hylan Datacom & Electrical LLC | | Hylan Datacom & Electrical LLC acquired Arcturus Telecom LLC, a Dallas-based engineering services provider. |
Tire & Auto Service Centers(4) | Icahn Automotive Group LLC | | Icahn Automotive Group LLC, a unit of Icahn Enterprises LP, acquired 4 Tire & Auto Service Centers, a tire dealer. |
PPI Management Inc | Industrial Alliance Insurance & Financial Services Inc | | Industrial Alliance Insurance & Financial Services Inc plans to acquire PPI Management Inc, a direct title insurance carrier. |
Western Penn Marketing LLC | Integrity Marketing Group LLC | | Integrity Marketing Group LLC, a unit of HGGC LLC, acquired Western Penn Marketing LLC, a Mesa-based insurance agency. |
Auburn Leather Co | ISA TanTec Ltd | | ISA TanTec Ltd of Macau plans to acquire Auburn Leather Co, an Auburn-based leather goods manufacturer. |
FB International Inc | Italian Exhibition Group Spa | | Italian Exhibition Group Spa of Italy acquired a 51% stake in FB International Inc, an Oakland-based trade show organizer. |
Wendy's Co-Wendy's Restaurants,Knoxville,Tennessee(34) | JAE Restaurant Group | | JAE Restaurant Group acquired 34 Wendy's restaurants throughout Knoxville, Tennessee. |
Rives & Reynolds Lumber Co Inc | Jones Lumber Co Inc | | US LBM Holdings LLC's unit Jones Lumber Co Inc acquired Rives & Reynolds Lumber Co Inc, a Louisville-based lumber products manufacturer. |
I-Human Patients Inc-Assets | Kaplan Inc | | Kaplan Inc, a unit of Graham Holdings Co, acquired the assets of I-Human Patients Inc, a Sunnyvale-based software publisher. |
Stinger Ghaffarian Technologies Inc | KBR Inc | | KBR Inc definitively agreed to acquire Stinger Ghaffarian Technologies Inc, a Greenbelt-based provider of computer systems design services. |
United Scope LLC | L Squared Capital Partners | | L Squared Capital Partners acquired a majority interest in United Scope LLC, an Irvine-based manufacturer of analytical laboratory instruments, via a leveraged buyout transaction. |
American Sentinel Insurance Co | LD Investments LLC | | LD Investments LLC definitively agreed to acquire American Sentinel Insurance Co, a Harrisburg-based provider of insurance-related services, from Aegis Security Insurance Co, ultimately owned by K2 Insurance Services LLC. |
Sally's Apizza | Lineage Hospitality LLC | | Lineage Hospitality LLC acquired Sally's Apizza, a pizza restaurant in New Heaven. |
Day Automotive Resources Inc | Lithia Motors Inc | | Lithia Motors Inc acquired Day Automotive Resources Inc, a Monroeville-based new car dealer. |
Prestige Family of Fine Cars-Marquee Stores(6) | Lithia Motors Inc | | Lithia Motors Inc acquired 6 marquee stores of Prestige Family of Fine Cars, a Ramsey-based new car dealer. |
CrossLink Professional Tax Solutions LLC | LNC Partners | | LNC Partners acquired CrossLink Professional Tax Solutions LLC, a Tracy-based software publisher, via a leveraged buyout transaction. |
Pinnacle Homes LLC | M/I Homes Inc | | M/I Homes Inc definitively agreed to acquire Pinnacle Homes LLC, a Bloomfield Hills-based housing operative builder. |
Express Oil Change LLC | Mavis Tire Supply Corp | | Mavis Tire Supply Corp definitively agreed to acquire Express Oil Change LLC, a Birmingham-based provider of automotive repair services, from Golden Gate Capital Inc. |
Ptac Inc | Mollenhour Gross Llc | | Mollenhour Gross LLC acquired Ptac Inc, a Knoxville-based wholesaler for air-conditioning equipment and supplies. |
Advani Property Management | Mynd | | BrainPad Inc's unit Mynd of Japan acquired Advani Property Management, a San Diego-based provider of land subdivision services. |
James G Lascola Insurance Services-Assets | Navion Insurance Associates Inc | | Navion Insurance Associates Inc acquired the assets of Laguna Hills-based James G. Lascola Insurance Services. |
RATEX Business Solutions Inc | Nebraska Book Co Inc | | Neebo Inc's unit Nebraska Book Co Inc plans to acquire the entire share capital of RATEX Business Solutions Inc, a Plymouth Meeting-based provider of custom computer programming services. |
Elevated Portfolio Holdings LLC | NewBridge Global Ventures Inc | | NewBridge Global Ventures Inc plans to acquire Elevated Portfolio Holdings LLC, a provider of professional and management development training services. |
Gulf Coast Pain Institute | NexPhase Capital LLC | | NexPhase Capital LLC acquired Gulf Coast Pain Institute, a Pensacola-based provider of ambulatory health care services, via a leveraged buyout transaction. |
Unium Inc | Nokia Oyj | | Nokia OYJ of Finland plans to acquire Unium Inc, a Seattle-based software publisher. |
Hexa | OutboundWorks Inc | | OutboundWorks Inc acquired Hexa, a San Francisco-based software publisher. |
Interamerican Motor Corp | Parts Authority Inc | | Parts Authority Inc plans to acquire Interamerican Motor Corp, a Canoga Park-based wholesaler of motor vehicle supplies and parts, from AutoZone Inc. |
American & Efird Global LLC | Platinum Equity LLC | | Platinum Equity LLC definitively agreed to acquire American & Efird Inc, a Mount Holly-based thread mill operator, from KPS Capital Partners LP via a leveraged buyout transaction. |
Lentz Milling Co | Platinum Equity LLC | | Platinum Equity LLC acquired Lentz Milling Co, a Reading-based foods manufacturer, via a leveraged buyout transaction. |
Highway Toll Administration LLC | Platinum Equity LLC | | Platinum Equity LLC acquired Highway Toll Administration LLC, a Roslyn Heights-based provider of road transportation support services, via a leveraged buyout transaction. |
Green Park | Preferred Apartment Communities Inc | | Preferred Apartment Communities Inc acquired Green Park, a 310-unit Class A multifamily community in Tucker, Georgia. |
REX Performance Products LLC | Pregis LLC | | Pregis LLC acquired REX Performance Products LLC, a Marysville-based polyethylene foam manufacturer. |
M I Acquisitions Inc | Priority Holdings LLC | | Priority Holdings LLC definitively agreed to merge with M I Acquisitions Inc, a New York-based public investment vehicle listed on the NASDAQ stock exchange. The combined publicly-traded company will be known as Priority Technology Holdings Inc, which has an expected initial enterprise value of over $1 billion. |
Spoutable.com | Proper Media LLC | | Proper Media LLC acquired Spoutable.com, a San Diego-based custom computer programming services provider. |
Pinnacle Rail Operations Inc | Rail Management Services LLC | | Rail Management Services LLC acquired Pinnacle Rail Operations Inc, a McKinney-based provider of port and harbor operation services. |
Booj | RE/MAX LLC | | RE/MAX Holdings Inc's unit RE/MAX LLC acquired booj, a Denver-based real estate web development and software firm. |
Hycomp Llc | Saint-Gobain Performance Plastics Corp | | Saint-Gobain Performance Plastics Corp, a unit of the French state-owned Saint-Gobain S.A., acquired Hycomp LLC, a Cleveland-based plastics products manufacturer. |
Sensor Technology Engineering Inc | Santa Barbara Infrared Inc (Heico Corp) | | HEICO Corp's unit Santa Barbara Infrared Inc acquired an 85% stake in Sensor Technology Engineering Inc, a Goleta-based manufacturer of semiconductors and related devices. |
Zorch International Inc | Satori Capital LLC | | Satori Capital LLC acquired a majority interest in Zorch International Inc, a Chicago-based provider of brand management and promotional product management services, via a leveraged buyout transaction. |
EnviroServe | Savage Cos | | Savage Cos acquired EnviroServe, a Cleveland-based provider of hazardous waste collection services. |
Dynamic Athletic Research LLC | Scientific Analytics Inc | | Scientific Analytics Inc acquired Dynamic Athletic Research LLC, a software publisher. |
Intellisense Systems Inc | Shareholders | | Physical Optics Corp completed the spin-off of Intellisense Systems Inc, a Torrance-based company that does R&D as well as engineer, design, develop, test and produce sensor systems and optoelectronic solutions for the U.S. Government and commercial markets. |
KAR Auction Services Inc-Insurance Auto Auctions Business Unit | Shareholders | | KAR Auction Services Inc plans to spin-off its insurance auto auctions business unit to its shareholders. |
Schonstedt Instrument Co | SPX Corp | | SPX Corp acquired Schonstedt Instrument Co, a Kearneysville-based manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments. |
Informatics Corp of America | SSI Group Inc | | SSI Group Inc acquired Informatics Corp of America, a privately held health information technology organization based in Nashville, Tennessee. |
Pre-Paid Legal Services Inc | Stone Point Capital LLC | | Stone Point Capital LLC definitively agreed to acquire a majority interest in Pre-Paid Legal Services Inc, an Ada-based legal services provider, via a leveraged buyout transaction from MidOcean Partners LLP, ultimately owned by Ripplewood Holdings LLC. |
Senior Housing Communities(3),Salt Lake City,UT | Strategic Student & Senior Housing Trust Inc | | Strategic Student & Senior Housing Trust Inc acquired a portfolio of three senior housing communities consisting of 294 units in the greater Salt Lake City area. |
Chirp Microsystems Inc | TDK Corp | | TDK Corp of Japan acquired Chirp Microsystems Inc, a Berkeley-based wholesaler of utlrasonic sensors. |
Jakes Bakes | Tiffs Treats Holdings Inc | | Tiff's Treats Holdings Inc has merged with Jake's Bakes, a Nashville-based snack bar operator. |
TMPL Gym Inc | Town Sports International Holdings Inc | | Town Sports International Holdings Inc acquired TMPL Gym Inc, a New York City-based operator of fitness and recreational sports center. |
LA Xcess Insurance Brokers Inc | U.S. Risk LLC | | U.S. Risk LLC acquired LA Xcess Insurance Brokers Inc, a Los Angeles-based insurance agency. |
Silverton Mortgage Specialists Inc | Vanderbilt Mortgage & Finance Inc | | Berkshire Hathaway Inc's unit Vanderbilt Mortgage & Finance Inc definitively agreed to acquire Silverton Mortgage Specialists Inc, an Atlanta-based provider of credit intermediation services. |
Stag Technologies | Vortex Co | | Vortex Co acquired Stag Technologies, a Salt Lake City-based coatings manufacturer. |
Mr Magazine | Wainscot Media | | Wainscot Media agreed to acquire Mr. Magazine, a Tucker-based periodical publisher, from UBM PLC. |
Strategic Crisis Advisors Llc | Witt Obriens Llc | | Witt Obriens LLC acquired Strategic Crisis Advisors LLC, an Atlanta-based provider of administrative management and general management consulting services. |
C-RAN Alliance | xRAN.org Inc | | xRAN.org Inc has merged with C-RAN Alliance, a software publisher. |
Maxsys Solutions Llc | Yoh | | Yoh, a unit of Yoh Services LLC, acquired Maxsys Solutions LLC, a Frisco-based provider of management consulting services. |
US M&A Deals Announced February 23 to March 1, 2018 | | | |
Source: Thomson Reuters | | | |