Target | Acquirer | Value ($millions) | Synopsis |
Grifols Diagnostic Solutions Inc | Shanghai RAAS Blood Products Co Ltd | 5,000.0 | Shanghai RAAS Blood Products Co Ltd (RAAS) of China signed a letter of intent to acquire the entire share capital of Grifols Diagnostic Solutions Inc, an Emeryville-based manufacturer and wholesaler of medical instruments and supplies, from Grifols SA in exchange for $5 billion. in new RAAS ordinary shares. The transaction would include Grifols subsidiaries. |
DJO Global Inc | Colfax Corp | 3,150.0 | Colfax Corp definitively agreed to acquire DJO Global Inc, a Vista-based manufacturer and wholesaler of orthopedic products, for $3.15 billion. in cash from DJO Inc, owned by Blackstone Capital Partners V LP. Originally, in August 2018, Blackstone was rumored to be seeking a buyer for DJO. |
Cylance Inc | Blackberry Ltd | 1,400.0 | BlackBerry Ltd of Canada definitively agreed to acquire the entire share capital of Cylance Inc, an Irvine-based cybersecurity software developer, for $1.4 billion. in cash. Originally, in November 2018, BlackBerry is rumored to be planning to acquire Cylance. |
Trans Bay Cable LLC | Nextera Energy Transmission LLC | 1,000.0 | NextEra Energy Inc's unit Nextera Energy Transmission LLC agreed to acquire Trans Bay Cable LLC, a San Francisco-based electric power distributor, for about $1 billion. and the assumption of amount in liabilities from SteelRiver Infrastructure Fund North America LP. |
PlanGrid Inc | Autodesk Inc | 875.0 | Autodesk Inc definitively agreed to acquire PlanGrid Inc, a San Francisco-based software publisher, for $875 million. |
Resolute Energy Corp | Cimarex Energy Co | 832.0 | Cimarex Energy Co definitively agreed to acquire the entire share capital of Resolute Energy Corp, a Denver-based oil and gas exploration and production company, for $832.005 million. Cimarex offered a choice of $35 in cash, 0.3943 Cimarex common shares per Resolute share, or a combination of $14 in cash and 0.2366 Cimarex common shares per Resolute share, subject to proration whereby 60% of the total consideration will be paid in cash and the remaining 40% in Cimarex common shares. Based on Cimarex' closing stock price of $88.76 on 16 November 2018, the last full trading day prior to the announcement, each Resolute share was valued at $34.998. Upon completion of the deal, Cimarex and Resolute will respectively own 94.4% and 5.6% of the merged entity. |
Blommer Chocolate Co | Fuji Oil Holdings Inc | 750.0 | Fuji Oil Holdings Inc of Japan agreed to acquire the entire share capital of Blommer Chocolate Co, a Chicago-based manufacturer of chocolate and confectionery, for $750 mil. |
Gamestop Corp-Spring Mobile Business | Prime Communications LP | 700.0 | PRG Group Ltd's unit Prime Communications LP definitively agreed to acquire the Spring mobile business of Gamestop Corp, a Grapevine-based computer and software retailer, for about $700 million. |
Pellepharm Inc | LEO Pharma A/S | 690.0 | Leo Fondet's unit LEO Pharma A/S of Denmark agreed to acquire the remaining stake it does not already own in Pellepharm Inc, a San Francisco-based provider of social sciences research and development services, from BridgeBio Pharma LLC for $690 million. |
EMC Insurance Group Inc | Employers Mutual Casualty Co | 291.8 | Employers Mutual Casualty Co plans to acquire the remaining 45% stake or 9.725 million in common shares it does not already own in EMC Insurance Group Inc, a Des Moines-based provider of property and casualty insurance products and services, for $30 in cash per share or a total of $291.754 million via an unsolicited offer, |
Avista Pharma Solutions Inc | Cambrex Corp | 252.0 | Cambrex Corp definitively agreed to acquire Avista Pharma Solutions Inc, a Durham-based pharmaceutical preparations manufacturer, for $252 million in cash. |
VantaCore Partners LLC | Sun Capital Partners Inc | 205.0 | Sun Capital Partners Inc plans to acquire VantaCore Partners LLC, a Philadelphia-based limestone quarry operator, from Natural Resource Partners LP for $205 million via a leveraged buyout transaction. |
FirstEnergy Generation Corp-West Lorain Facility | Vermillion Power LLC | 144.0 | Starwood Energy Group Global LLC's unit Vermillion Power LLC agreed to acquire the West Lorain Facility of the bankrupt FirstEnergy Generation Corp, an Akron-based electric power distributor ultimately owned by FirstEnergy Corp, for $144 million via an auction. |
Biscayne Bancshares Inc | First Citizens Bank & Trust Co Inc,Raleigh,North Carolina | 115.0 | First Citizens Bancshares Inc's unit First Citizens Bank & Trust Co Inc plans to acquire the entire share capital of Biscayne Bancshares Inc, a Coconut Grove-based commercial bank, for about $115 million. |
Columbia Vista Corp | Western Forest Products Inc | 30.5 | Western Forest Products Inc of Canada agreed to acquire Columbia Vista Corp, a Vancouver-based sawmill operator, for $30.5 million. |
National Holdings Corp | B Riley Financial Inc | 22.9 | B Riley Financial Inc agreed to acquire a 56.34% majority stake or 7.037 million common shares in National Holdings Corp, a New York-based securities brokerage, from Fortress Biotech Inc for $3.25 per share or a total of $22.872 million. |
Ludomade Inc | Shareroot Ltd | 0.5 | Shareroot Ltd of Australia acquired Ludomade Inc, a San Francisco-based provider of computer systems design services, for $0.5 million. |
United Seating & Mobility LLC | AEA Investors LP | | AEA Investors LP acquired United Seating & Mobility LLC, a Rocky Hill-based manufacturer of surgical appliance and supplies, via a leveraged buyout transaction from Assistive Technology Group Inc, ultimately owned by Audax Group LP. Originally, in September 2018, AEA was rumored to be planning to acquire United Seating & Mobility. |
QEP Resources Inc-Northwest Louisiana Natural Gas Assets | Aethon Energy Management LLC | | Aethon Energy Management LLC definitively agreed to acquire the assets of Northwest Louisiana natural gas from QEP Resources Inc, a Denver-based producer of crude petroleum and natural gas. |
CPM Holdings Inc | American Securities LLC | | American Securities LLC acquired CPM Holdings Inc, a Waterloo-based industrial machinery manufacturer, from Gilbert Global Equity Partners LP (GGEP) via a secondary buyout transaction. Originally, GGEP acquired CPM. |
PlayMonster LLC | Audax Group LP | | Audax Group LP acquired PlayMonster LLC, a Beloit-based toys manufacturer, from Topspin Partners via a leveraged buyout transaction. |
Vesta Housing Solutions LLC | Balmoral Funds LLC | | Balmoral Advisors LLC's unit Balmoral Funds LLC acquired a majority interest in Vesta Housing Solutions LLC, a Birmingham-based modular building manufacturer, from Soaring Pine Capital Growth Fund I. |
Poten & Partners Inc | BGC Partners Inc | | BGC Partners Inc acquired the entire share capital of Poten & Partners Inc, a New York-based provider of freight transportation arrangement services. |
White Construction Co Inc | Congruex LLC | | Crestview Partners LP's unit Congruex LLC acquired White Construction Co Inc, a Beaver Dam-based provider of telecommunication contracting services. |
SOBA TOTTO | Create Restaurants NY Inc | | Create Restaurants Holdings Inc's unit Create Restaurants NY Inc plans to acquire the entire share capital of SOBA TOTTO, a full-service restaurant operator. Concurrently, Create Restaurants NY plans to acquire the entire share capital of ABURIYA KINNOSUKE. |
ABURIYA KINNOSUKE | Create Restaurants NY Inc | | Create Restaurants Holdings Inc's unit Create Restaurants NY Inc plans to acquire the entire share capital of ABURIYA KINNOSUKE, a full-service restaurant operator. Concurrently, Create Restaurants NY plan to acquire the entire share capital of SOBA TOTTO. |
E H C Medical Offices PLLC | Crossroads Holding LLC | | Revelstoke Capital Partners LLC's unit Crossroads Holding LLC acquired EHC Medical Offices PLLC, a Harriman-based provider of medical services. |
Cretic Energy Services LLC | Forbes Energy Services Ltd | | Forbes Energy Services Ltd acquired Cretic Energy Services LLC, a Montgomery-based coiled tubing services provider, from Catapult Energy Services Group LLC. |
Active Minerals International LLC | Golden Gate Capital Inc | | Golden Gate Capital Inc acquired Active Minerals International LLC, a Sparks-based mine operator for clay, ceramic and refractory minerals, via a leveraged buyout transaction. |
Ultimus Fund Solutions LLC | Gtcr LLC | | GTCR LLC definitively agreed to acquire Ultimus Fund Solutions LLC, a Cincinnati-based portfolio manager, via a leveraged buyout transaction. |
Silvergate Bank,San Marcos,California | HomeStreet Bank,Seattle,WA | | Homestreet Inc's unit HomeStreet Bank definitively agreed to acquire Silvergate Bank, a San Marcos-based commercial bank, from Silvergate Capital Corp, ultimately owned by Wescom Credit Union. |
Jelli Inc | iHeartMedia Inc | | iHeartMedia Inc, jointly owned by Thomas H. Lee Partners LP and Bain Capital Partners LLC, agreed to acquire Jelli Inc, a San Mateo-based radio network. |
GeoStabilization International LLC | KKR & Co Inc | | KKR & Co Inc agreed to acquire GeoStabilization International LLC, a Grand Junction-based engineering services provider, from CAI Capital Management Co via a leveraged buyout transaction. |
Best Market-stores(27) | Lidl US LLC | | Lidl US LLC acquired 27 stores of Best Market, a Bethpage-based supermarket operator. |
Community Health Systems Inc-South Carolina Hospitals(4) | Medical University Hospital Authority | | Medical University Hospital Authority definitively agreed to acquire 4 South Carolina hospitals of Community Health Systems Inc, a Franklin-based hospital operator. |
Midori Auto Leather North America Inc | Midori Auto leather Co Ltd | | Midori Auto Leather Co Ltd of Japan acquired an 87% stake in Midori Auto Leather North America Inc, a Novi-based leather goods manufacturer. |
Advangelists LLC | Mobiquity Technologies Inc | | Mobiquity Technologies Inc plans to merge with Advangelists LLC, a Seattle-based provider of graphic design services. |
ABA of North Texas LLC | Pharos Capital Group LLC | | Pharos Capital Group LLC acquired ABA of North Texas LLC, a Plano-based owner and operator of behavioral services centers, via a leveraged buyout transaction. |
USAA Real Estate Co-Troy Block Office Buildings | Pontegadea Inmobiliaria SL | | Pontegadea Inmobiliaria SL of Spain is rumored to be planning to acquire the Troy Block office buildings of USAA Real Estate Co, a San Antonio-based real estate agency ultimately owned by United Services Automobile Association. According to sources, the deal is expected to be valued at around $750 mil. |
Nuance Communications Inc-Automotive Business | Shareholders | | Nuance Communications Inc plans to spinoff its automotive business to its shareholders. |
Pearson's Candy Co | Spell Capital Partners LLC | | Spell Capital Partners LLC acquired Pearson's Candy Co, a St. Paul-based manufacturer of chocolate and confectionery, via a leveraged buyout transaction. |
General Electric Capital Corp-Healthcare Equipment Finance Business Loans Portfolio | TIAA Bank | | TIAA Bank, a unit of EverBank Financial Corp, ultimately owned by Teachers Insurance and Annuity Association, acquired the portfolio of healthcare equipment finance business loans from General Electric Capital Corp, a Norwalk-based savings and loan holding company ultimately owned by General Electric Co. |
ST Products LLC | Waybill USA Inc | | Waybill USA Inc acquired ST Products LLC, a Duncansville-based manufacturer of steel pipes and tubes, from Quilvest USA Inc, ultimately owned by Quilvest SA. |
US M&A Deals Announced November 16 to 22, 2018 | | | |
Source: Thomson Reuters | | | |