Target | Acquirer | Value ($millions) | Synopsis |
Energen Corp | Diamondback Energy Inc | 8,307.6 | Diamondback 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 Inc | Federal Street Acquisition Corp | 1,580.0 | Federal 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 Inc | Cabot Microelectronics Corp | 1,239.5 | Cabot 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 Inc | Best Buy Co Inc | 800.0 | Best 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 Acreage | Carrizo Oil & Gas Inc | 215.0 | Carrizo 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 Inc | Lineage Grow Co Ltd | 200.0 | Lineage 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 Inc | Movado Group Inc | 100.0 | Movado Group Inc definitively agreed to acquire MVMT Watches Inc, a Los Angeles-based jewelry wholesaler, for about $100 mil. |
First Data Corp-Remittance Processing Business | Wausau Financial Systems Inc | 93.0 | Deluxe 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,CA | G3 Enterprises Inc | 65.0 | G3 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 Inc | Universal Logistics Holdings Inc | 65.0 | Universal Logistics Holdings Inc acquired Southern Counties Express Inc, a Rancho Dominguez-based provider of freight transportation arrangement services, for about $65 mil. |
QED Software LLC | WiseTech Global Ltd | 49.6 | WiseTech 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 LLC | Golden Leaf Holdings Inc | 43.9 | Longacre 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 Corp | BayCom Corp | 23.5 | BayCom 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 LLC | UrtheCast Corp | 20.0 | UrtheCast 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 Inc | Veritone Inc | 15.0 | Veritone 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 LLC | C21 Investments Inc | 11.2 | C21 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 Media | Veritone One Inc | 11.0 | Veritone 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 LLC | New Media Investment Group Inc | 10.4 | New Media Investment Group Inc acquired a majority interest in Rugged Events Holding LLC, a Boston-based events production company, for $10.4 million. |
Pivotshare Inc | Chicken Soup for the Soul Entertainment Inc | 4.3 | Chicken 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 Assets | Virterras Materials US LLC | 1.5 | Virterras 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 LLC | International Cannabrands Inc | 1.0 | International 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 Zen | Chemesis International Inc | 0.5 | Chemesis 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 LLC | M Line Holdings Inc | 0.4 | M 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 LLC | M Line Holdings Inc | 0.3 | M 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 Camden | 10 Federal Self Storage Acquisition 1 Co LLC | | 10 Federal Self Storage Acquisition 1 Co LLC acquired the Storage One Self Storage facility in Camden, SC. |
Summit Of Thousand Oaks | 37th Parallel Properties Inc | | 37th Parallel Properties Inc acquired Summit of Thousand Oaks, a 224-unit multifamily community in San Antonio. |
Goody Products Inc | ACON Investments LLC | | TPG 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 Inc | Adswerve Inc | | Adswerve Inc acquired Analytics Pros Inc, a Seattle-based provider of management consulting services. |
Med-Caire Inc-Cpap Resupply Program Business | Aeroflow Inc | | Aeroflow Inc acquired the CPAP resupply program business of Med-Caire Inc, a Vernon-based wholesaler of medical equipment and supplies. |
Red Hot & Blue Restaurants | AJB Capital LLC | | AJB Capital LLC acquired Red Hot & Blue Restaurants in Arlington from Dancing Pigs. |
Barnes Insurance & Financial Services | Alera Group Inc | | Alera Group Inc acquired Barnes Insurance & Financial Services, a Pensacola-based insurance agency. |
Surgical Specialties Corp Inc-BioSentry Tract Sealant System Assets | AngioDynamics Inc | | AngioDynamics 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 Technologies | ASAP Expo Inc | | ASAP Expo Inc acquired Sky Mids Technologies, a Houston-based provider of financial transactions services. |
Global Financial Private Capital | AssetMark Inc | | Huatai 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 Inc | Beltran Moving & Delivery Service Inc | | Beltran Moving & Delivery Service Inc acquired Move Advisor Inc, a Phoenix-based software publisher. |
Next Level Apparel Inc | Blue Point Capital Partners LP | | Blue Point Capital Partners LP acquired Next Level Apparel Inc, a Gardena-based clothing company, via a leveraged buyout transaction. |
Millennium Space Systems Inc | Boeing Co | | Boeing 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 Inc | Bucherer AG | | Bucherer AG of Switzerland acquired Baron & Leeds Inc, a Lahaina-based jewelry wholesaler. |
TradeTapp Inc | BuildingConnected Inc | | BuildingConnected Inc acquired TradeTapp Inc, a New York City-based software publisher. |
Hirshorn Zuckerman Design Group Inc | Burson-Marsteller LLC | | Burson-Marsteller LLC acquired Hirshorn Zuckerman Design Group Inc, a Baltimore-based provider of advertising related services. |
Peloton Commercial Real Estate LP-San Antonio Operations | CBRE Group Inc | | CBRE Group Inc acquired the San Antonio operations of Peloton Commercial Real Estate LP, a Dallas-based lessor of real estate property. |
Pass Perfect LLC | CeriFi LLC | | Leeds 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 LLC | City National Bank,Los Angeles,California | | City National Corp's unit City National Bank acquired Exactuals LLC, a Los Angeles-based software publisher. |
Kailo Energy Inc | Clearfoundation Ltd | | Clearfoundation Ltd of New Zealand acquired Kailo Energy Inc, a Lindon-based electric power generation facility operator, from Zyto Corp. |
Relus Technologies LLC | Cloudreach Inc | | Cloudreach Inc signed letter of intent to acquire Relus Technologies LLC, a Peachtree City-based provider of data processing and hosting services. |
White Label Liquid Inc | Coastal Integrated Services Inc | | Coastal 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 Inc | Comodo Ca Ltd | | Comodo Ca Ltd of the UK, a unit of Francisco Partners LP, acquired Codeguard Inc, an Atlanta-based internet service provider. |
Centralalliance Credit Union | CoVantage Credit Union | | CoVantage Credit Union plans to acquire the entire share capital of Neenah-based CentralAlliance Credit Union. |
Knowre Americas Inc | Daekyo Co Ltd | | Daekyo Co Ltd of South Korea acquired Knowre Americas Inc, a New York City-based provider of educational support services. |
Grogan's Healthcare Supply Inc | Democrasales Inc | | Democrasales Inc acquired Grogan's Healthcare Supply Inc, a Lexington-based wholesaler of medical equipment and supplies. |
Aut Solutions LLC | Dorilton Capital Advisors LLC | | Dorilton Capital Advisors LLC plans to acquire Aut Solutions LLC, a Fulshear-based provider of commercial and industrial machinery and equipment repair and maintenance services. |
Vandenberg | Douglas Elliman Real Estate | | Douglas Elliman Real Estate acquired Vandenberg, a New York City-based real estate agency. |
Mosquito Joe Franchising LLC | Dwyer Franchising LLC | | Dwyer Franchising LLC acquired Mosquito Joe Franchising LLC, a Virginia Beach-based provider of exterminating and pest control services. |
Psyadon Pharmaceuticals Inc | Emalex Biosciences LLC | | Emalex Biosciences LLC acquired Psyadon Pharmaceuticals Inc, a Germantown-based pharmaceutical preparations manufacturer. |
Wolfinger Forensics LLC | Everest Technologies Co LLC | | Everest Technologies Co LLC merges with Wolfinger Forensics LLC, a provider of data processing and hosting services. |
IdentityForce Inc | EZShield Inc | | EZShield Inc, a unit of Wicks Group of Cos LLC, acquired IdentityForce Inc, a Framingham-based provider of security systems services. |
Vidpresso Inc | Facebook Inc | | Facebook 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 Inc | GigaMonster | | GigaMonster merges with Fibersphere Communications Inc, a Hillsboro-based internet service provider. |
Synchone LLC | Globaltranz Enterprises Inc | | The Jordan Co LP's unit Globaltranz Enterprises Inc acquired Synchone LLC, a Greensboro-based logistics consulting services provider. |
Getnetset LLC | Gumbiner Savett Inc | | Gumbiner Savett Inc acquired Getnetset LLC, a Los Angeles-based provider of tax preparation services. |
Assemble | Industrious National Management Co LLC | | Industrious National Management Co LLC acquired Assemble, a Chicago-based shared workspace provider. |
Cutting Edge Glass Inc | Installed Building Products Inc | | Installed Building Products Inc acquired Cutting Edge Glass Inc, a Denver-based industrial machinery manufacturer. |
DealCloud Inc | IntApp Inc | | IntApp Inc acquired DealCloud Inc, a Jersey City-based software publisher. |
Ouidad Inc | J&D Brush Co LLC | | Topspin Partners' unit J&D Brush Co LLC acquired Ouidad Inc, a New York City-based beauty salon operator. |
Central Oregon Truck Co | Leavitt's Freight Service Inc | | Leavitt'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 Solutions | Licont Corp | | Licont Corp of Germany merges with Maverick Technology Solutions, a Phoenix-based wholesaler of electronic parts and equipment. |
The Boardroom Salon Co LLC | LightBay Capital | | LightBay 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 Inc | Macau Capital Investments Inc | | Macau 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 Wash | Mammoth Holdings LLC | | Mammoth Holdings LLC acquired Swifty Car Wash in Athens. |
Cobble Creek Apartment Community,Salt Lake City,UT | Maxx Properties | | Maxx Properties acquired Cobble Creek Apartment Community, a 361-unit apartment community in Salt Lake City, Utah. |
TownePlace Suites by Marriott,Harrisburg,PA | MCR Development LLC | | MCR Development LLC acquired the 107-room TownePlace Suites by Marriott in Harrisburg. |
Summit Strategies Inc | Mercer LLC | | Marsh & McLennan Cos Inc's unit Mercer LLC definitively agreed to acquire Summit Strategies Group, a St. Louis-based investment advisor. |
IBC Hotels LLC | Obasa Capital Investments Llc | | Obasa Capital Investments LLC of Canada plans to acquire IBC Hotels LLC, a hotel operator, from InnSuites Hotels. |
Total Training Solutions Inc | OnCourse Learning Corp | | Compass 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 Inc | Parkland Fuel Corp | | Parkland 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 LLC | Patron Technology Inc | | Providence 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 LLC | | Via 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 Inc | Pexco LLC | | Kohlberg & Co LLC's unit Pexco LLC acquired Custom Extrusion Inc, a Sheffield-based manufacturer of resilient floor coverings. |
Environmental Health Group LLC | Prism Response Inc | | Prism Response Inc acquired Environmental Health Group LLC, a Morrisville-based facilities support services provider. |
Exaktime Inc | Providence Equity Partners LLC | | Providence 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 Exchange | Public Radio International Inc | | Public Radio International Inc, a unit of WGBH, plans to merge with Public Radio Exchange, a Cambridge-based radio network. |
Paragon Label Co | Resource Label Group LLC | | First Atlantic Capital Ltd's unit Resource Label Group LLC acquired Paragon Label Co, a Petaluma-based provider of commercial lithographic printing services. |
Eyenalyze Inc | Rising Sun Ventures | | Rising Sun Ventures acquired a majority interest in Eyenalyze Inc, a Pleasanton-based provider of management software for restaurant operators. |
Merchants Preferred Insurance Services Inc | Seeman Holtz Property & Casualty Inc | | Seeman Holtz Property & Casualty Inc acquired Erie-based Merchants Preferred Insurance Services Inc. |
Vf Corp-Jeans & Outlet Business | Shareholders | | VF Corp plans to spin off its Jeans & Outlet business to its shareholders. |
Frontdoor Inc | Shareholders | | Servicemaster Global Holdings Inc plans to spinoff Frontdoor Inc, a Memphis-based housing constructor, to its shareholders. |
Garvin Industries Inc | Southwire Co LLC | | Southwire Co LLC acquired Garvin Industries Inc, a Franklin Park-based sheet metal works manufacturer. |
Precedent Health Inc | SpecialtyCare Inc | | American Securities LLC's unit SpecialtyCare Inc acquired Precedent Health Inc, a Brentwood-based provider of ambulatory health care services. |
Darren Gygi Home Collection | Sullivan Inc | | Sullivan Inc acquired Darren Gygi Home Collection, an Orem-based online furniture store. |
Go Lorries Shuttle | Supershuttle International INC | | Supershuttle International INC, a unit of Veolia Transportation Inc, acquired Go Lorries Shuttle, a San Francisco-based provider of ground passenger transportation services. |
Episode5 Inc | Tarsin Mobile Inc | | Tarsin Mobile Inc acquired Episode5 Inc, an El Segundo-based real estate development company. |
Donovan Industrial Service LLC | TAS Environmental Services LP | | TAS Environmental Services LP acquired Donovan Industrial Service LLC, an Orange-based environmental services provider. Concurrently, TAS acquired ROTAP LLC. |
ROTAP LLC | TAS Environmental Services LP | | TAS Environmental Services LP acquired ROTAP LLC, an Orange-based rental company. Concurrently, TAS acquired Donovan Industrial Service LLC. |
Speed Industrial Supply | Tech Air Of Connecticut Inc | | Tech Air of Connecticut Inc, a unit of CI Capital Investors II LP, acquired Speed Industrial Supply, a Kemah-based retailer. |
Quorum Business Solutions Inc | Thoma Bravo LLC | | Thoma 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 Inc | Triton Pacific Investment Corp Inc | | Triton 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 Inc | Valence Group Inc | | Valence Group Inc acquired 8ninths Inc, a Seattle-based software publisher. |
Continuing Healthcare Solutions | Zandex Health Care Corp | | Zandex 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 Inc | Zipsocket Inc | | Zipsocket Inc acquired Limnu, an online collaborative whiteboard company. |
US M&A Deals Announced August 10 to 16, 2018 | | | |
Source: Thomson Reuters | | | |