TargetAcquirerValue ($millions)Synopsis
Energen CorpDiamondback Energy Inc8,307.6Diamondback Energy Inc definitively agreed to merge with Energen Corp, a Birmingham-based producer of crude petroleum and natural gas, for $8.308 billion via a stock swap transaction. Diamondback offered 0.6442 share per Energen share. Based on Diamondback's closing stock price of $131.87 on 13 August 2018, the last full trading day prior to the announcement, each Energen share was valued at $84.951. Upon completion of the deal, Diamondback and Energen would respectively own 62% and 38% stake of the merged entity.
Universal Hospital Services IncFederal Street Acquisition Corp1,580.0Federal Street Acquisition Corp definitively agreed to merge with Universal Hospital Services Inc, a Minneapolis-based provider of home health equipment rental services, from Irving Place Capital Management LP for about $1.58 billion. The consideration would consist of $1.245 billion in cash and $335 milllion in new Agiliti common shares. Upon completion of the deal, the merged entity will be renamed as Agiliti Inc.
KMG Chemicals IncCabot Microelectronics Corp1,239.5Cabot Microelectronics Corp definitively agreed to acquire the entire share capital of KMG Chemicals Inc, a Fort Worth-based inorganic chemicals manufacturer, for $1.24 billion. Cabot offered 0.2 common shares and $55.65 in cash per KMG share. The shares were valued based on Cabot's closing stock price of $121.41 on 14 August 2018, the last full trading day prior to the announcement.
GreatCall IncBest Buy Co Inc800.0Best Buy Co Inc definitively agreed to acquire GreatCall Inc, a San Diego-based wired telecommunications carrier, from GTCR LLC for $800 milllion in cash.
Devon Energy Corp-Non-Core Delaware Basin AcreageCarrizo Oil & Gas Inc215.0Carrizo Oil & Gas Inc definitively agreed to acquire a non-core Delaware basin acreage of Devon Energy Corp, an Oklahoma City-based producer of crude petroleum and natural gas, for $215 mil.
FLRish IncLineage Grow Co Ltd200.0Lineage Grow Co Ltd of Canada signed a letter of intent to acquire the entire share capital of FLRish Inc, an Oakland-based wholesaler of medical cannabis drugs, for about $200 mil.
MVMT Watches IncMovado Group Inc100.0Movado Group Inc definitively agreed to acquire MVMT Watches Inc, a Los Angeles-based jewelry wholesaler, for about $100 mil.
First Data Corp-Remittance Processing BusinessWausau Financial Systems Inc93.0Deluxe Corp's unit Wausau Financial Systems Inc acquired the remittance processing business of First Data Corp, a New York-based provider of financial transactions services owned by Kohlberg Kravis Roberts & Co LP, for about $93 milllion in cash.
Seneca Foods LLC-Fruit Processing Plant,CAG3 Enterprises Inc65.0G3 Enterprises Inc agreed pay $65 milllion to acquire the fruit processing plant of Seneca Foods LLC, a manufacturer of canned fruits and vegetables ultimately owned by Seneca Foods Corp.
Southern Counties Express IncUniversal Logistics Holdings Inc65.0Universal Logistics Holdings Inc acquired Southern Counties Express Inc, a Rancho Dominguez-based provider of freight transportation arrangement services, for about $65 mil.
QED Software LLCWiseTech Global Ltd49.6WiseTech Global Ltd of Australia acquired QED Software LLC, a Palos Verdes Estates-based software publisher, for about $49.645 milllion. The consideration consisted of $29.599 milllion in cash and up to $20.046 milllion in profit-related payments.
Tahoe Hydroponics Co LLCGolden Leaf Holdings Inc43.9Longacre Resources Inc's unit Golden Leaf Holdings Inc of Canada definitively agreed to acquire Tahoe Hydroponics Co LLC, a Carson City-based cannabis cultivator, for $43.85 milllion. The consideration would consist of $8.5 milllion in cash and the issuance of 202 milllion Golden Leaf common shares valued at $35.35 milllion. The shares were valued based on Golden Leaf's closing stock price of $0.175 on 10 August 2018, the last full trading day prior to the announcement.
Bethlehem Financial CorpBayCom Corp23.5BayCom Corp definitively agreed to acquire the entire share capital of Bethlehem Financial Corp, a Belen-based commercial bank, for $23.5 milllion in cash.
Geosys Technology Holding LLCUrtheCast Corp20.0UrtheCast Corp of Canada plans to acquire Geosys Technology Holding LLC, a Plymouth-based provider of data processing and hosting services, from Land O'Lakes Inc for $20 mil.
Wazee Digital IncVeritone Inc15.0Veritone Inc agreed to acquire Wazee Digital Inc, a Denver-based provider of cloud-native video management and licensing services, for $15 milllion. The consideration would consist of $7.5 milllion in cash and $7.5 milllion in common shares.
Gron Chocolate LLCC21 Investments Inc11.2C21 Investments Inc of Canada agreed to acquire the entire share capital of Gron Chocolate LLC, a Portland-based confectionery wholesaler, for $11.175 milllion. The consideration would consist of $6.8 milllion cash and up to $4.375 milllion in profit-related payments.
Performance Bridge MediaVeritone One Inc11.0Veritone Inc's unit Veritone One Inc agreed to acquire Performance Bridge Media, a Binghamton-based podcast agency, for $11 milllion. The consideration would consist of $6 milllion and up to $5 milllion in profit-related payments.
Rugged Events Holding LLCNew Media Investment Group Inc10.4New Media Investment Group Inc acquired a majority interest in Rugged Events Holding LLC, a Boston-based events production company, for $10.4 million.
Pivotshare IncChicken Soup for the Soul Entertainment Inc4.3Chicken Soup for the Soul LLC's unit Chicken Soup for the Soul Entertainment Inc definitively agreed to acquire the entire share capital of Pivotshare Inc, a Newport Beach-based subscription-based video-on-demand service company, for $4.266 milllion. The consideration would consist of $0.258 milllion in cash, 0.074 milllion Class A common shares, and $3.35 milllion series A preferred stock. The shares were valued based on Chicken Soup's closing stock price of $8.86 on 13 August 2018, the last full trading day prior to the announcement.
Sable Polymer Solutions LLC-Key AssetsVirterras Materials US LLC1.5Virterras Materials US LLC definitively agreed to acquire the key assets of Sable Polymer Solutions LLC, a Bentonville-based provider of waste collection services ultimately owned by Ecoark Holdings Inc, for $1.5 mil.
Riotus SODO LLCInternational Cannabrands Inc1.0International Cannabrands Inc of Canada signed a letter of intent to acquire a 51% stake in Riotus SODO LLC, an investment advisor, from Riotus LLC for about $1 mil.
Desert ZenChemesis International Inc0.5Chemesis International Inc of Canada definitively agreed to acquire the entire share capital of Desert Zen, a Cathedral City-based manufacturer of medicinals and botanicals, for $0.5 milllion in Chemesis common stock via a stock swap transaction.
Caravel Group LLCM Line Holdings Inc0.4M Line Holdings Inc acquired a 55% stake in Caravel Group LLC, a wholesaler of malt beverages, for $0.4 milllion. The consideration consisted of $0.1 milllion in cash and $0.4 milllion in M Line Class C convertible preferred shares. Concurrently, M Line acquired a 55% stake in Best Choice Food & Beverage LLC and was granted an option to acquire an additional 25% stake in Caravel.
Best Choice Food & Beverage LLCM Line Holdings Inc0.3M Line Holdings Inc acquired a 55% stake in Best Choice Food & Beverage LLC, a manufacturer of beverages, for $0.27 milllion. The consideration consisted of $.050 milllion in cash and $.22 milllion in M Line Class E convertible preferred shares. Concurrently, M Line acquired 55% stake in Caravel Group LLC and was granted an option to acquire an additional 25% stake in Caravel.
Storage One Self Storage Facility Camden10 Federal Self Storage Acquisition 1 Co LLC10 Federal Self Storage Acquisition 1 Co LLC acquired the Storage One Self Storage facility in Camden, SC.
Summit Of Thousand Oaks37th Parallel Properties Inc37th Parallel Properties Inc acquired Summit of Thousand Oaks, a 224-unit multifamily community in San Antonio.
Goody Products IncACON Investments LLCTPG Capital LP's unit ACON Investments LLC agreed to acquire Goody Products Inc, a Kearny-based toilet preparations manufacturer, from Newell Brands Inc via a leveraged buyout transaction.
Analytics Pros IncAdswerve IncAdswerve Inc acquired Analytics Pros Inc, a Seattle-based provider of management consulting services.
Med-Caire Inc-Cpap Resupply Program BusinessAeroflow IncAeroflow Inc acquired the CPAP resupply program business of Med-Caire Inc, a Vernon-based wholesaler of medical equipment and supplies.
Red Hot & Blue RestaurantsAJB Capital LLCAJB Capital LLC acquired Red Hot & Blue Restaurants in Arlington from Dancing Pigs.
Barnes Insurance & Financial ServicesAlera Group IncAlera Group Inc acquired Barnes Insurance & Financial Services, a Pensacola-based insurance agency.
Surgical Specialties Corp Inc-BioSentry Tract Sealant System AssetsAngioDynamics IncAngioDynamics Inc acquired the BioSentry tract sealant system assets of Surgical Specialties Corp Inc, a Westwood-based medical instruments manufacturer owned by Marmon Holdings Inc.
Sky Mids TechnologiesASAP Expo IncASAP Expo Inc acquired Sky Mids Technologies, a Houston-based provider of financial transactions services.
Global Financial Private CapitalAssetMark IncHuatai International Finance Ltd's unit AssetMark Inc agreed to acquire Global Financial Private Capital, a Sarasota-based investment advisor, from James Alpha Advisors LLC.
Move Advisor IncBeltran Moving & Delivery Service IncBeltran Moving & Delivery Service Inc acquired Move Advisor Inc, a Phoenix-based software publisher.
Next Level Apparel IncBlue Point Capital Partners LPBlue Point Capital Partners LP acquired Next Level Apparel Inc, a Gardena-based clothing company, via a leveraged buyout transaction.
Millennium Space Systems IncBoeing CoBoeing Co plans to acquire Millennium Space Systems Inc, an El Segundo-based manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments.
Baron & Leeds IncBucherer AGBucherer AG of Switzerland acquired Baron & Leeds Inc, a Lahaina-based jewelry wholesaler.
TradeTapp IncBuildingConnected IncBuildingConnected Inc acquired TradeTapp Inc, a New York City-based software publisher.
Hirshorn Zuckerman Design Group IncBurson-Marsteller LLCBurson-Marsteller LLC acquired Hirshorn Zuckerman Design Group Inc, a Baltimore-based provider of advertising related services.
Peloton Commercial Real Estate LP-San Antonio OperationsCBRE Group IncCBRE Group Inc acquired the San Antonio operations of Peloton Commercial Real Estate LP, a Dallas-based lessor of real estate property.
Pass Perfect LLCCeriFi LLCLeeds Equity Partners LLC's unit CeriFi LLC acquired Pass Perfect LLC, a Stamford-based provider of Financial Industry Regulatory Authority license exam training services.
Exactuals LLCCity National Bank,Los Angeles,CaliforniaCity National Corp's unit City National Bank acquired Exactuals LLC, a Los Angeles-based software publisher.
Kailo Energy IncClearfoundation LtdClearfoundation Ltd of New Zealand acquired Kailo Energy Inc, a Lindon-based electric power generation facility operator, from Zyto Corp.
Relus Technologies LLCCloudreach IncCloudreach Inc signed letter of intent to acquire Relus Technologies LLC, a Peachtree City-based provider of data processing and hosting services.
White Label Liquid IncCoastal Integrated Services IncCoastal Integrated Services Inc acquired the remaining stake it did not already own in White Label Liquid Inc, a Daytona Beach-based pharmaceutical preparations manufacturer.
Codeguard IncComodo Ca LtdComodo Ca Ltd of the UK, a unit of Francisco Partners LP, acquired Codeguard Inc, an Atlanta-based internet service provider.
Centralalliance Credit UnionCoVantage Credit UnionCoVantage Credit Union plans to acquire the entire share capital of Neenah-based CentralAlliance Credit Union.
Knowre Americas IncDaekyo Co LtdDaekyo Co Ltd of South Korea acquired Knowre Americas Inc, a New York City-based provider of educational support services.
Grogan's Healthcare Supply IncDemocrasales IncDemocrasales Inc acquired Grogan's Healthcare Supply Inc, a Lexington-based wholesaler of medical equipment and supplies.
Aut Solutions LLCDorilton Capital Advisors LLCDorilton Capital Advisors LLC plans to acquire Aut Solutions LLC, a Fulshear-based provider of commercial and industrial machinery and equipment repair and maintenance services.
VandenbergDouglas Elliman Real EstateDouglas Elliman Real Estate acquired Vandenberg, a New York City-based real estate agency.
Mosquito Joe Franchising LLCDwyer Franchising LLCDwyer Franchising LLC acquired Mosquito Joe Franchising LLC, a Virginia Beach-based provider of exterminating and pest control services.
Psyadon Pharmaceuticals IncEmalex Biosciences LLCEmalex Biosciences LLC acquired Psyadon Pharmaceuticals Inc, a Germantown-based pharmaceutical preparations manufacturer.
Wolfinger Forensics LLCEverest Technologies Co LLCEverest Technologies Co LLC merges with Wolfinger Forensics LLC, a provider of data processing and hosting services.
IdentityForce IncEZShield IncEZShield Inc, a unit of Wicks Group of Cos LLC, acquired IdentityForce Inc, a Framingham-based provider of security systems services.
Vidpresso IncFacebook IncFacebook Inc acqui-hired Vidpresso, buying its seven-person team and its technology but not the company itself. The six-year-old Utah startup works with TV broadcasters and content publishers to make their online videos more interactive with on-screen social media polling and comments, graphics and live broadcasting integrated with Facebook, YouTube, Periscope and more.
Fibersphere Communications IncGigaMonsterGigaMonster merges with Fibersphere Communications Inc, a Hillsboro-based internet service provider.
Synchone LLCGlobaltranz Enterprises IncThe Jordan Co LP's unit Globaltranz Enterprises Inc acquired Synchone LLC, a Greensboro-based logistics consulting services provider.
Getnetset LLCGumbiner Savett IncGumbiner Savett Inc acquired Getnetset LLC, a Los Angeles-based provider of tax preparation services.
AssembleIndustrious National Management Co LLCIndustrious National Management Co LLC acquired Assemble, a Chicago-based shared workspace provider.
Cutting Edge Glass IncInstalled Building Products IncInstalled Building Products Inc acquired Cutting Edge Glass Inc, a Denver-based industrial machinery manufacturer.
DealCloud IncIntApp IncIntApp Inc acquired DealCloud Inc, a Jersey City-based software publisher.
Ouidad IncJ&D Brush Co LLCTopspin Partners' unit J&D Brush Co LLC acquired Ouidad Inc, a New York City-based beauty salon operator.
Central Oregon Truck CoLeavitt's Freight Service IncLeavitt's Freight Service Inc merged with Central Oregon Truck Co, a Redmond-based provider of local freight trucking services, from Daseke Inc, ultimately owned by Hennessy Capital Acquisition Corp II.
Maverick Technology SolutionsLicont CorpLicont Corp of Germany merges with Maverick Technology Solutions, a Phoenix-based wholesaler of electronic parts and equipment.
The Boardroom Salon Co LLCLightBay CapitalLightBay Capital acquired a majority interest in The Boardroom Salon Co LLC, a Dallas-based barber shop operator, via a leveraged buyout transaction.
Polaris International Holdings IncMacau Capital Investments IncMacau Capital Investments Inc plans to acquire a majority interest in Polaris International Holdings Inc, a Marina Del Rey-based provider of computer facilities management services.
Swifty Car WashMammoth Holdings LLCMammoth Holdings LLC acquired Swifty Car Wash in Athens.
Cobble Creek Apartment Community,Salt Lake City,UTMaxx PropertiesMaxx Properties acquired Cobble Creek Apartment Community, a 361-unit apartment community in Salt Lake City, Utah.
TownePlace Suites by Marriott,Harrisburg,PAMCR Development LLCMCR Development LLC acquired the 107-room TownePlace Suites by Marriott in Harrisburg.
Summit Strategies IncMercer LLCMarsh & McLennan Cos Inc's unit Mercer LLC definitively agreed to acquire Summit Strategies Group, a St. Louis-based investment advisor.
IBC Hotels LLCObasa Capital Investments LlcObasa Capital Investments LLC of Canada plans to acquire IBC Hotels LLC, a hotel operator, from InnSuites Hotels.
Total Training Solutions IncOnCourse Learning CorpCompass Investment Management LLC's unit OnCourse Learning Corp acquired Total Training Solutions Inc, an Aurora-based provider of eLearning educational support services.
Rhinehart Oil Co IncParkland Fuel CorpParkland Fuel Corp of Canada agreed to acquire the entire share capital of Rhinehart Oil Co Inc, an American Fork-based wholesaler of petroleum and petroleum products.
Thuzi LLCPatron Technology IncProvidence Strategic Growth LP's unit Patron Technology Inc acquired Thuzi LLC, a Tampa-based provider of marketing consulting services.
TNT Crust Inc(Foodbrands America Inc)Peak Rock Capital LLCVia a leveraged buyout transaction, Peak Rock Capital LLC definitively agreed to acquire TNT Crust Inc, a Green Bay-based manufacturer of flour mixes and dough, from Foodbrands America Inc, owned by IBP Inc.
Custom Extrusion IncPexco LLCKohlberg & Co LLC's unit Pexco LLC acquired Custom Extrusion Inc, a Sheffield-based manufacturer of resilient floor coverings.
Environmental Health Group LLCPrism Response IncPrism Response Inc acquired Environmental Health Group LLC, a Morrisville-based facilities support services provider.
Exaktime IncProvidence Equity Partners LLCProvidence Equity Partners LLC agreed to acquire a majority interest in Exaktime Inc, a Calabasas-based commercial building constructor, via a leveraged buyout transaction.
Public Radio ExchangePublic Radio International IncPublic Radio International Inc, a unit of WGBH, plans to merge with Public Radio Exchange, a Cambridge-based radio network.
Paragon Label CoResource Label Group LLCFirst Atlantic Capital Ltd's unit Resource Label Group LLC acquired Paragon Label Co, a Petaluma-based provider of commercial lithographic printing services.
Eyenalyze IncRising Sun VenturesRising Sun Ventures acquired a majority interest in Eyenalyze Inc, a Pleasanton-based provider of management software for restaurant operators.
Merchants Preferred Insurance Services IncSeeman Holtz Property & Casualty IncSeeman Holtz Property & Casualty Inc acquired Erie-based Merchants Preferred Insurance Services Inc.
Vf Corp-Jeans & Outlet BusinessShareholdersVF Corp plans to spin off its Jeans & Outlet business to its shareholders.
Frontdoor IncShareholdersServicemaster Global Holdings Inc plans to spinoff Frontdoor Inc, a Memphis-based housing constructor, to its shareholders.
Garvin Industries IncSouthwire Co LLCSouthwire Co LLC acquired Garvin Industries Inc, a Franklin Park-based sheet metal works manufacturer.
Precedent Health IncSpecialtyCare IncAmerican Securities LLC's unit SpecialtyCare Inc acquired Precedent Health Inc, a Brentwood-based provider of ambulatory health care services.
Darren Gygi Home CollectionSullivan IncSullivan Inc acquired Darren Gygi Home Collection, an Orem-based online furniture store.
Go Lorries ShuttleSupershuttle International INCSupershuttle International INC, a unit of Veolia Transportation Inc, acquired Go Lorries Shuttle, a San Francisco-based provider of ground passenger transportation services.
Episode5 IncTarsin Mobile IncTarsin Mobile Inc acquired Episode5 Inc, an El Segundo-based real estate development company.
Donovan Industrial Service LLCTAS Environmental Services LPTAS Environmental Services LP acquired Donovan Industrial Service LLC, an Orange-based environmental services provider. Concurrently, TAS acquired ROTAP LLC.
ROTAP LLCTAS Environmental Services LPTAS Environmental Services LP acquired ROTAP LLC, an Orange-based rental company. Concurrently, TAS acquired Donovan Industrial Service LLC.
Speed Industrial SupplyTech Air Of Connecticut IncTech Air of Connecticut Inc, a unit of CI Capital Investors II LP, acquired Speed Industrial Supply, a Kemah-based retailer.
Quorum Business Solutions IncThoma Bravo LLCThoma Bravo LLC agreed to acquire Quorum Business Solutions Inc, a Houston-based software publisher, via a secondary buyout transaction from Silver Lake Kraftwerk, ultimately owned by Silver Lake Management LLC. Previously, in July 2018, Kraftwerk was rumored to be seeking a buyer for its Quorum Business Solutions Inc unit. Originally, a management-led investor group comprising Kraftwerk, acquired the entire share capital of Quorum via a primary buyout transaction.
Pathway Capital Opportunity Fund IncTriton Pacific Investment Corp IncTriton Pacific Investment Corp Inc definitively agreed to merge with Pathway Capital Opportunity Fund Inc, a New York City-based infrastructure fund, from Pathway Capital Management LP via a stock swap transaction. Upon completion of the deal, the merged entity will be renamed as TP Flexible Income Fund Inc.
8ninths IncValence Group IncValence Group Inc acquired 8ninths Inc, a Seattle-based software publisher.
Continuing Healthcare SolutionsZandex Health Care CorpZandex Health Care Corp is rumored to be planning to acquire the entire share capital of Continuing Healthcare Solutions, a nursing home operator in Middleburg Heights, Ohio.
Limnu IncZipsocket IncZipsocket Inc acquired Limnu, an online collaborative whiteboard company.
US M&A Deals Announced August 10 to 16, 2018
Source: Thomson Reuters