| | | |
| Target | Acquirer | Value ($millions) | Synopsis |
| Celgene Corp | Bristol-Myers Squibb Co | 79,266.9 | Bristol-Myers Squibb Co definitively agreed to merge with Celgene Corp, a Summit-based biopharmaceutical company, via a stock swap transaction valued at $ 79.267 bil. Bristol-Myers offered 1 common share, $ 50 in cash and 1 contingent value right per Celgene common share. Based on Bristol-Myers' closing stock price of $ 52.43 on 2 January 2019, the last full trading prior to the announcement, each Celgene share was valued at $ 102.43. Upon completion of the deal, Bristol-Myers and Celgene will respectively own 69% and 31% of the merged entity. |
| CNL Healthcare Properties Inc-Medical Buildings(55) | Welltower Inc | 1,250.0 | Welltower Inc definitively agreed to acquire 55 medical buildings of CNL Healthcare Properties Inc, an Orlando-based real estate investment trust ultimately owned by CNL Financial Group Inc, for $ 1.25 bil. In June 2018, CNL Healthcare Properties announced that it was seeking a buyer for its company. |
| MedEquities Realty Trust Inc | Omega Healthcare Investors Inc | 326.7 | Omega Healthcare Investors Inc definitively agreed to merge with MedEquities Realty Trust Inc (MRT), a Nashville-based lessor of real estate property, for about $ 326.693 mil via a stock swap transaction. The consideration would consist of $ 2 in cash per share or a total of $ 63.681 mil. Omega offered 0.235 shares per MRT stock. Based on Omega's closing stock price of $ 35.15 on 31 December 2018, the last full trading day prior to the announcement, each MRT share was valued at $ 8.260. |
| Biotest Pharmaceuticals Corp | Scranton Enterprises BV | 286.0 | Scranton Enterprises BV of Netherlands acquired Biotest Pharmaceuticals Corp, a Boca Raton-based in-vitro diagnostic substances manufacturer, for $ 286 mil from Grifols Shared Services North America Inc, ultimately owned by Grifols SA. Concurrently, Scranton acquired Haema AG from Grifols. |
| Promise Healthcare Inc-Facilities | Select Medical Corp | 63.0 | Select Medical Corp, jointly owned by Welsh Carson Anderson & Stowe and Thoma Cressey Bravo Inc, plans to acquire the facilities of the bankrupt Promise Healthcare Inc, a Boca Raton-based hospital operator, for $ 63 mil via an auction. Originally, in November 2018, the bankrupt Promise was seeking a buyer for the company. |
| Highlands Apartment Community | Security Properties Inc | 16.5 | Security Properties Inc acquired Highlands at Red Hawk, a 56-unit, Class-A, garden-style apartment community in Castle Rock, for $ 16.5 mil. |
| Milan Supply Co | Franklin Electric Co Inc | 5.9 | Franklin Electric Co Inc acquired Milan Supply Co, a Mount Pleasant-based wholesaler of plumbing and heating equipment and supplies, for $ 5.9 mil. |
| GML Associates PC | Dakota Wealth Management | | Dakota Wealth Management acquired GML Associates PC, a Boston-based certified accounting firm. |
| Gemini Rosemont Llc-Albuquerque Property Management Operations | Duke City Management LLC | | Duke City Management LLC acquired the Albuquerque property management operations of Gemini Rosemont LLC, a Santa Fe-based lessor of nonresidential buildings. |
| Valkyrie Enterprises Inc | Employee Stock Ownership Plan | | Valkyrie Enterprises Inc ESOP plans to acquire an 80% stake in Valkyrie Enterprises Inc, an Indianapolis-based manufacturer of relays and industrial controls. |
| JRM Construction Holdings LLC | Employee Stock Ownership Plan | | JRM Construction Holdings LLC ESOP acquired a 75% stake in JRM Construction Holdings LLC, a commercial building constructor. |
| Lease Crutcher Lewis | Employee Stock Ownership Plan | | Lease Crutcher Lewis ESOP acquired Lease Crutcher Lewis, a Seattle-based housing constructor. |
| Infinite Packaging Group Inc | Fortis Solutions Group LLC | | Fortis Solutions Group LLC acquired Infinite Packaging Group Inc, a Lewisville-based manufacturer of plastics packaging films and sheets, from Svoboda Capital Partners LLC. |
| Single Digits Inc | GI Partners LLP | | GI Partners LLP acquired Single Digits Inc (SDI), a Bedford-based internet service provider, via a secondary buyout transaction from Bregal Sagemount LLC (BSL), owned by Bregal Investments Inc. Originally, BSL acquired a majority interest in SDI via a primary buyout transaction. |
| Adello Biologics LLC-Assets | Kashiv Pharma LLC | | Kashiv Pharma LLC acquired the assets of Adello Biologics LLC, a Piscataway-based provider of biotechnology research and development services. |
| Altavair LP | KKR & Co Inc | | KKR & Co Inc's unit KKR & Co LP plans to acquire a 50% stake in Altavair LP, an Issaquah-based special purpose finance company, via a leveraged buyout transaction. |
| E & M Power | Motorcar Parts of America Inc | | Motorcar Parts of America Inc acquired E & M Power, a Binghamton-based electrical equipment manufacturer. |
| Seterus Inc | Mr Cooper Group Inc | | Mr. Cooper Group Inc agreed to acquire Seterus Inc, a Grand Rapids-based provider of financial investment services, for around $ 24 bil. |
| Commonwealth Mortgage LLC | New Fed Mortgage Corp | | New Fed Mortgage Corp plans to acquire Commonwealth Mortgage LLC, a Woburn-based provider of real estate credit services. |
| Celtic Energy Inc | NV5 Global Inc | | NV5 Global Inc acquired Celtic Energy Inc, a Glastonbury-based provider of technical consulting services. |
| Commercial Air Inc | Pueblo Mechanical & Controls Inc | | Pueblo Mechanical & Controls Inc acquired Commercial Air Inc, a Phoenix-based contractor for plumbing, heating and air-conditioning. |
| Trupet LLC | Sport Endurance Inc | | Sport Endurance Inc signed a letter of intent to acquire the remaining stake it does not already own in Trupet LLC, an Oldsmar-based manufacturer of dog and cat foods. |
| Tri-Star Gases LLC | Tech Air Of Connecticut Inc | | CI Capital Investors II LP's unit Tech Air of Connecticut Inc acquired Tri-Star Gases LLC, an El Monte-based wholesaler of industrial supplies. |
| Guardian Life Insurance Co Of America-Dental Service Organization | Western Dental Services Inc | | New Mountain Finance Corp's unit Western Dental Services Inc acquired the dental service organization of Guardian Life Insurance Co of America, a New York-based direct life insurance carrier. |
| Howe Riley & Howe PLLC | Wipfli LLP | | Wipfli LLP acquired Howe Riley & Howe PLLC, a Bedford-based certified accounting firm. |
| US M&A Deals Announced December 28, 2018 to January 3, 2019 | | | |
| Source: Thomson Reuters | | | |
