TargetAcquirerValue ($millions)Synopsis
Meridian Health Plan Of Michigan IncWellcare Health Plans Inc2,500.0Wellcare Health Plans Inc definitively agreed to acquire Meridian Health Plan of Michigan Inc, a Detroit-based direct health and medical insurance carrier, for $2.5 billion in cash. The transaction will include Meridian Health Plan of Illinois Inc and MeridianRx.
NGL Propane LLCSuperior Plus Corp900.0Superior Plus Corp of Canada definitively agreed to acquire NGL Propane LLC, a Tulsa-based natural gas distributor, from NGL Energy Partners LP for $900 million.
Empire City CasinoMGM Resorts International850.0MGM Resorts International definitively agreed to acquire the Empire City Casino in New York City, for around $850 million.
Boat Holdings LLCPolaris Industries Inc825.0Polaris Industries Inc definitively agreed to acquire the entire share capital of Boat Holdings LLC, an Elkhart-based provider of boat building services, from Balmoral Advisors LLC’s unit Balmoral Funds LLC for about $825 million in cash.
TMC Bonds LLCIntercontinental Exchange Inc685.0Intercontinental Exchange Inc agreed to acquire TMC Bonds LLC, a New York-based securities brokerage, for $685 million in cash.
Dunbar Armored IncBrink’s Co519.8Brink’s Co agreed to acquire the entire share capital of Dunbar Armored Inc, a Hunt Valley-based provider of armed car services, for about $519.75 million in cash.
Franklin American Mortgage Co IncCitizens Bank National Association511.0Citizens Bank National Association, a unit of Citizens Financial Group Inc, definitively agreed to acquire Franklin American Mortgage Co Inc, a Franklin-based loan broker, for $511 million in cash.
Dorian LPG LtdBW LPG Ltd433.2BW LPG Ltd of Singapore plans to acquire the entire share capital of Dorian LPG Ltd, a Stamford-based provider of deep sea freight transportation services, for $433.236 million via a stock swap transaction and an unsolicited offer. BW LPG offered 2.05 BW ordinary share per 1 Dorian common share. Based on BW’s closing stock price of $3.835 on 28 May 2018, the last full trading day prior the announcement, each Dorian share was valued at $7.862.
Haymaker Resources LP-Mineral & Royalty InterestsKimbell Royalty Partners LP404.0Kimbell Royalty Partners LP agreed to pay $404 million to acquire the mineral & royalty assets of Haymaker Resources LP, a Dallas-based mineral and royalty acquisition company ultimately owned by Haymaker Minerals & Royalties LLC. The consideration will consist of $210 million in cash and 10 million common shares valued at $194 million. The shares were valued based on Kimbell’s closing stock price of $19. 4 on 25 May 2018, the last full trading day prior to the announcement.
Conitex Sonoco USA IncSonoco Products Co133.0Sonoco Products Co definitively agreed to acquire the remaining 70% interest, which it did not already own, in Conitex Sonoco USA Inc, a Gastonia- based manufacturer of food containers, from its joint venture partner Texpack Inc, for a total $133 million in cash.
Schmidt’s CommonsPost Brothers Inc130.0Post Brothers Inc plans to acquire an undisclosed majority interest in Schmidt’s Commons, an apartment complex in Philadelphia, for $130 million from Oaktree Capital Group LLC and Kushner Companies, the property group owned by President Donald Trump’s son-in-law and senior advisor, Jared Kushner.

Fracta IncKurita Water Industries Ltd37.0Kurita Water Industries Ltd of Japan agreed to acquire a 50.1% interest in Fracta Inc, a Redwood City-based software publisher, for about $37 mil.
Virginian-Pilot Media Cos LLCTronc Inc34.0Tronc Inc acquired the entire share capital of Virginian-Pilot Media Cos LLC, a Norfolk-based newspaper publisher, from Landmark Media Enterprises LLC for $34 mil.
Community First Bancorp Inc,Reynoldsville,PennsylvaniaEmclaire Financial Corp17.7Emclaire Financial Corp definitively agreed to merge with Community First Bancorp Inc, a Reynoldsville-based commercial bank, for $17.651 million via a stock swap transaction. Emclaire offered $6.95 in cash per share or a total of $2.552 and 1.2 common shares per CFB stock valued at $15.099. The shares were valued based on Emclaire’s closing stock price of $34.25 on 24 May 2018, the last full trading day prior to the announcement of the transaction.
NC-47 Solar ProjectNew Energy Solar Ltd11.6New Energy Solar Ltd (New Energy) of Australia agreed to acquire the remaining 10% stake it does not already own in the NC-47 Solar power generation facility from VivoPower Development LLC, a unit of VivoPower International PLC. Concurrently, New Energy agreed to acquire the remaining 14.45% stake it does not already own in the Nc-31 Solar Project. Both transactions have a combined value of $11.6 mil.
Hyperfish IncLiveTiles Ltd6.7LiveTiles Ltd of Australia agreed to acquire the entire share capital of Hyperfish Inc, a Kirkland-based software firm, for $6.713 million. The consideration will consist of the issuance of 8.74 million common shares valued at $2.747 million and up to $3.966 million in profit-related payments.
Blackpoint Technology LLPInvestor Group6.0An investor group, comprising Adelphi Capital LLP, Maryland Venture Capital Trust and Telcom Ventures LLC acquired the remaining stake it does not already own in Blackpoint Technology LLP, a Rumson-based provider of data processing and hosting services, for $6 million via a privately negotiated transaction.
Siloam Biosciences IncMiCo BioMed Co Ltd4.3MiCo BioMed Co Ltd (MB) of South Korea plans to acquire the entire share capital of Siloam Biosciences Inc, a Cincinnati-based manufacturer of surgical appliance and supplies, for $65.757 in cash and 0.610 million newly issued ordinary shares valued at $4.347 million. The shares were valued based on MB’s closing stock price of KRW 7,700 (USD 7.123) on 24 May 2018, the last full trading date prior to the announcement.
XENOHolographic IncImagination Park Entertainment Inc2.5Imagination Park Entertainment Inc of Canada definitively agreed to acquire the remaining 50% stake it does not already own in XENOHolographic Inc, a provider of custom computer programming services, from its joint venture partner Interknowlogy LLC, for $2.45 million. The consideration will consist of $0.2 million in cash, $1. 8 million convertible notes and the issuance of 1.829 million common shares valued at $0.45 million. The shares were valued based on IPE’s closing stock price of $0.246 on 25 May 2018, the las full trading day prior to the announcement of the transaction.
Tru Investments LLCPvr Holdings LLC0.7PVR Holdings LLC definitively agreed to acquire Tru Investments LLC, a provider of real estate services, from Trius Investments Inc for $0.725 mil.
FFCM LLCAGF Management LtdAGF Management Ltd of Canada acquired FFCM LLC, a Boston-based investment advisor.
Ultra Scientific IncAgilent Technologies IncAgilent Technologies Inc definitively agreed to acquire Ultra Scientific Inc, a North Kingstown-based provider of technical consulting services.
Borate & Lithium Exploration Projects(2)American Pacific Borate & Lithium LtdAmerican Pacific Borate and Lithium plans to spend $3 million to acquire a 100% stake in the Salt Wells North and Salt Wells South borate and lithium exploration projects in Nevada, US.
Aspirion Health Resources LLCAquiline Capital Partners LLCAquiline Capital Partners LLC acquired Aspirion Health Resources LLC, a Columbus-based provider of claims adjusting services, from BIP Capital and other investors via a leveraged buyout transaction.
Aspirion Health Resources LLCAquiline Capital Partners LLCAquiline Capital Partners LLC acquired Aspirion Health Resources LLC, a Columbus-based provider of claims adjusting services, from BIP Capital via a leveraged buyout transaction.
Thomas Costello Insurance Agency IncArthur J Gallagher & CoArthur J Gallagher & Co acquired Thomas Costello Insurance Agency Inc, a Simi Valley-based insurance agency.
Prepworks LLCAsteria Education IncAsteria Education Inc acquired Prepworks LLC, a Miami-based provider of educational support services.
Wilke Global IncAstute SolutionsAstute Solutions acquired Wilke Global Inc, a Dublin-based provider of custom computer programming services.
Wild Calling Pet Foods LLCBarkstrong LLCBarkstrong LLC acquired Wild Calling Pet Foods LLC, a Los Angeles-based manufacturer of dog and cat foods.
Great Life Petfood LLCBarkstrong LLCBarkstrong LLC acquired Great Life Petfood LLC, a Woodland Hills-based manufacturer of dog foods.
Modera At Observatory Park ApartmentsBascom Group LLCBascom Group LLC acquired Modera Observatory Park, an apartment building in Denver, Colorado via a leveraged buyout transaction for about $92.5 mil.
Westwood Metes & Bounds Realty LtdBerkshire Hathaway HomeServices Hudson Valley PropertiesBerkshire Hathaway HomeServices Hudson Valley Properties acquired Westwood Metes & Bounds Realty Ltd, a Kingston-based real estate agency.
La Quinta Resort & ClubBlackstone Group LPBlackstone Group LP acquired La Quinta Resort & Club from the Singapore state-owned GIC Pte Ltd via a leveraged buyout transaction. Concurrently, Blackstone Group LP acquired the PGA WEST golf course and country club in La Quinta.
PGA WestBlackstone Group LPBlackstone Group LP acquired the PGA West golf course and country club in La Quinta from the Singapore state-owned GIC Pte Ltd via a leveraged buyout transaction. Concurrently, Blackstone Group LP acquired the La Quinta Resort & Club.
Packet Design LLCCiena CorpCiena Corp definitively agreed to acquire Packet Design LLC, an Austin-based software publisher, from Lone Rock Technology Group LLC.
Esmi CoClean Earth IncClean Earth Inc, a unit of Compass Diversified Holdings, acquired Esmi Co, a Fort Edward-based provider of remediation services.
Williams Equipment & Supply Co IncConstruction Supply Holdings LLCConstruction Supply Holdings LLC, a unit of The Sterling Group LP, acquired Williams Equipment & Supply Co Inc, a Memphis-based lessor of machinery and equipment.
Jackson Hewitt Tax Service IncCorsair Capital LLCCorsair Capital LLC acquired Jackson Hewitt Tax Service Inc, a Parsippany-based provider of tax preparation services, via a leveraged buyout transaction from Bayside Capital Inc, ultimately owned by HIG Capital LLC.
Bubbl IncCricket Media Group LtdCricket Media Group Ltd, a unit of Cricket Acquisition Group Inc, acquired Bubbl Inc, a New York City-based software publisher.
Respiratory Therapeutics GroupCutting Edge IncCutting Edge Inc acquired Respiratory Therapeutics Group, a manufacturer of navigational, measuring, electromedical and control Instruments.
Department of Veterans Affairs {VA}(United States of America)Easterly Government Properties IncEasterly Government Properties, Inc. has acquired a 56,753 sq ft Acquisitions and Logistics Center in Golden, Colorado Built in 1996 and fully renovated in 2011, the facility is leased to the Department of Veterans Affairs for an initial 15-year tenure that expires in September 2026.
EpatientfinderElligo Health ResearchElligo Health Research acquired Epatientfinder, a provider of ambulatory health care services.
Hudson Fiber Network IncExteNet Systems IncExteNet Systems Inc definitively agreed to acquire the entire share capital of Hudson Fiber Network Inc, a Paramus-based wired telecommunications carrier, from Tiger Infrastructure Partners LP.
Lumeta CorpFireMon LLCFireMon LLC, a unit of Insight Venture Partners LLC, agreed to acquire Lumeta Corp, a Somerset-based manufacturer of communications equipment.
Fulcrum Financial Data LLCFitch IncFitch Inc, a unit of Hearst Corp, agreed to acquire Fulcrum Financial Data LLC, a New York City- based provider of financial analysis data and news, from Leeds Equity Partners LLC.
HireRight IncGeneral Information Services IncGeneral Information Services Inc, a unit of Societe Generale SA, definitively agreed to merge with HireRight Inc, an Irvine-based provider of on-demand employment background checks, from AlphaMed Ltd, owned by SureCalm Healthcare Ltd.
Pastor Behling & Wheeler LLCGolder Associates CorpGolder Associates Corp of Canada acquired Pastor Behling & Wheeler LLC, a Round Rock-based provider of engineering services.
The Liaison GroupGreenspoon MarderGreenspoon Marder acquired The Liaison Group, a provider of administrative management and general management consulting services.
OTC National LLCHome Bay Technologies IncHome Bay Technologies Inc acquired a 50% stake in OTC National LLC, a Pittsburgh-based settlement office.
Applied Fusion IncIMG Cos LLCIMG Cos LLC, a unit of Addison Capital Partners LLC, acquired Applied Fusion Inc, a San Leandro-based machine shop operator.
Milford National Bank & Trust CoIndependent Bank Corp,Rockland,MARockland-based Independent Bank Corp plans to acquire the remaining stake it does not already own in Milford National Bank & Trust Co, a Milford-based commercial bank, from Kevin P Meehan.
BMC Software IncKKR & Co LPVia a leveraged buyout transaction, KKR & Co LP plans to acquire BMC Software Inc, a Houston-based software publisher, from Bain Capital LLC, Singapore state-owned GIC Special Investments Pte Ltd, Golden Gate Capital Inc and Insight Venture Partners LLC.
Evolution Research Group LLCLinden LLCLinden LLC acquired Evolution Research Group LLC, a Watchung-based provider of clinical research services, via a leveraged buyout transaction.
LinQuest CorpLinQuest Corp SPVLinQuest Corp SPV, a special acquisition vehicle created by CoVant Inc and Madison Dearborn Partners LLC, acquired an undisclosed majority interest in LinQuest Corp, a Los Angeles-based provider of computer facilities management services, via a leveraged buyout transaction.
3 Arts Entertainment IncLions Gate Entertainment CorpLions Gate Entertainment Corp acquired an undisclosed majority interest in 3 Arts Entertainment Inc, a Beverly Hills-based producer of motion pictures and videos.
ScoreMore LLCLive Nation Entertainment IncLive Nation Entertainment Inc acquired an undisclosed majority interest in ScoreMore LLC, an Austin-based event promoter.
Pensacola Stevedore Co IncLogistec CorpLogistec Corp of Canada acquired Pensacola Stevedore Co Inc, a Pensacola-based provider of support services for water transportation.
Pulp RiotL’Oreal SAL’Oreal SA of France, acquired Pulp Riot, a Los Angeles-based manufacturer of hair coloring products.
FrontStream Holdings LLCMarlin Equity Partners LLCMarlin Equity Partners LLC acquired FrontStream Holdings LLC, a Cambridge-based software publisher via a leveraged buyout transaction.
FLUX Carbon CorpMeridian Waste Solutions IncMeridian Waste Solutions Inc acquired an 80% stake in FLUX Carbon Corp, an Alpharetta-based intermediator.
Crumb Technologies IncMetallicus IncMetallicus Inc acquired Crumb Technologies Inc, an Omaha-based provider of custom computer programming services.
Simkar CorpNeo Lights Holdings IncNeo Lights Holdings Inc acquired Simkar Corp, a Philadelphia-based manufacturer of lighting equipment.
Nc-31 Solar ProjectNew Energy Solar LtdNew Energy Solar Ltd of Australia agreed to acquire the remaining 14.45% stake it does not already own in the Nc-31 Solar power generation facility from VivoPower Development LLC, a unit of VivoPower International PLC. Concurrently, New Energy Solar Ltd agreed to acquire the remaining 10% stake it does not already own in the NC-47 Solar Project. Both transactions have a combined value of $11.6 mil.
Majuba Hill LLC-Majuba Hill Copper ProjectNew Point Exploration CorpNew Point Exploration Corp of Canada agreed to acquire Majuba Hill Copper Project of Majuba Hill LLC, a Reno-based copper ore mining company.
RKF Retail Holdings LLCNewmark Group IncNewmark Group Inc agreed to acquire RKF Retail Holdings LLC, a New York City-based real estate firm.
CodiPark LtdParkWhiz LLCParkWhiz LLC acquired CodiPark Ltd, a New York City-based software publisher.
Dowco IncPatrick Industries IncPatrick Industries Inc acquired Dowco Inc, a Manitowoc-based manufacturer of boat covers and accessories, from CMW Holding Co.
Exeter Township-Wastewater System AssetsPennsylvania American Water CoPennsylvania American Water Co, a unit of American Water Works Co Inc, agreed to acquire wastewater system assets of Exeter Township in Reading.
Bare Foods CoPepsiCo IncPepsiCo Inc definitively agreed to acquire Bare Foods Co, a San Francisco-based wholesaler of fruits and vegetables chips.
Safari Energy LLCPPL CorpPPL Corp acquired Safari Energy LLC, a New York City-based power generation facility operator.
Arcadian Apartments,Silver Spring,MDQuest Holdings LLCQuest Holdings LLC acquired Arcadian Apartments, a Silver Spring-based lessor of residential buildings and dwellings.
Healthcarefirst IncResMed IncResMed Inc definitively agreed to acquire Healthcarefirst Inc, a Springfield-based provider of electronic health record software, from The Riverside Co.
Integra Logistics Services LLCRoar Logistics IncRoar Logistics Inc, a unit of Rich Products Corp, acquired Integra Logistics Services LLC, a Houston-based provider of transportation and logistics services.
DashtabSaaScend LLCSaaScend LLC acquired Dashtab, a software publisher, from Bitmatica LLC.
W-T Global LLCSanghvi Brands LtdSanghvi Brands Ltd of India signed a letter of intent to acquire W-T Global LLC, a New York City-based intermediator.
Transbotics CorpScott Technology LtdScott Technology Ltd of New Zealand agreed to acquire the entire share capital of Transbotics Corp, a Charlotte-based manufacturer of automatic guided vehicles and carts.
ICU Medical Inc-Medical Device BusinessSmiths Group PLC-Medical Device BusinessThe UK’s Smiths Group PLC-Medical Device Business, a unit of Smiths Group PLC, is planning to merge with the medical device business of ICU Medical Inc, a San Clemente-based manufacturer of medical instruments. Last month, Smiths Group PLC and ICU Medical Inc were rumored to be planning to merge their medical device businesses.
Frosty FreezStar Buffet IncStar Buffet Inc agreed to acquire Frosty Freez, a Big Timber-based full-service restaurant operator.
Risk Management America LLCSunz Holdings LLCSunz Holdings LLC acquired Risk Management America LLC, an Oak Park-based provider of risk consulting services.
Energid Technologies CorpTeradyne IncTeradyne Inc acquired Energid Technologies Corp, a Cambridge-based developer of motion control software for robotics.
Versatex Building Products LLCThe Azek Co LLCThe Azek Co LLC definitively agreed to acquire Versatex Building Products LLC, an Aliquippa-based manufacturer of plastics products.
Bizness Apps IncThink3 IncThink3 Inc of Italy, a unit of Versata Inc, acquired Bizness Apps Inc, a La Jolla-based software publisher.
LogRhythm IncThoma Bravo LLCThoma Bravo LLC agreed to acquire an undisclosed majority interest in LogRhythm Inc, a Boulder-based software publisher, via a leveraged buyout transaction.
Derma ETopix Pharmaceuticals IncTopix Pharmaceuticals Inc, a unit of New Mountain Capital LLC, acquired Derma E, a cosmetics retailer.
Haywire Group IncUniversity Games CorpUniversity Games Corp acquired Haywire Group Inc, an Indian Orchard-based manufacturer of dolls and stuffed toys.
US Fitness Products IncUS Fitness Products Inc SPVUS Fitness Products Inc SPV, a special purpose acquisition vehicle formed by Delos Capital LLC and HRS Management LLC, acquired an undisclosed majority interest in US Fitness Products Inc, a Raleigh-based provider of health and fitness services.
ReceptivVerve Wireless IncVerve Wireless Inc acquired Receptiv, a New York City-based advertising agency.
Galaxy Wine Co LLCWilson Daniels LLCWilson Daniels LLC, a unit of Young’s Holdings Inc, plans to acquire Galaxy Wine Co LLC, a Portland-based wholesaler of alcoholic beverages.
SaaS Transportation IncWiseTech Global LtdWiseTech Global Ltd of Australia acquired SaaS Transportation Inc, a Destin-based provider of data processing and hosting services.
US M&A Deals Announced May 25 to May 31, 2018
Source: Thomson Reuters