TargetAcquirerValue ($millions)Synopsis
Keystone Foods LLCTyson Foods Inc2,160.0Tyson Foods Inc definitively agreed to acquire the entire share capital of Keystone Foods LLC (Keystone), a West Chester-based food manufacturer, from Marfrig Alimentos SA for an estimated $2.16billion in cash. Originally, in July 2018, Tyson was rumored to be planning to acquire Keystone.
The Navigators Group IncThe Hartford Financial Services Group Inc2,083.6The Hartford Financial Services Group Inc definitively agreed to acquire the entire share capital of The Navigators Group Inc, a Stamford-based direct property and casualty insurance carrier, for $70 in cash per share or a total of $2.084billion in cash.
BridgeTex Pipeline Co LLCOMERS Infrastructure Management Inc1,438.0OMERS Infrastructure Management Inc of Canada, a unit of Ontario Municipal Employees Retirement System, definitively agreed to acquire a 50% stake in BridgeTex Pipeline Co LLC, a provider of pipeline transportation services of crude oil, from Plains All American Pipeline LP (30%) and Magellan Midstream Partners LP (20%) for $1.438 billion.
Lane Industries Inc-Asphalt Plants & Paving BusinessEurovia SAS555.0Eurovia SAS of France, a unit of Vinci SA, agreed to acquire the asphalt plants and paving business of Lane Industries Inc, a Cheshire-based civil construction company, owned by Salini Impregilo SpA for $555 million .
PH Glatfelter Co-Specialty Papers Business UnitLindsay Goldberg LLC360.0Lindsay Goldberg LLC definitively agreed to acquire the specialty papers business unit of PH Glatfelter Co, a York-based paper million l operator, for an estimated $360 million via a leveraged buyout transaction. The consideration will consist of $320 million in cash and $40 million in assumed liabilities.
Choctaw Energy FacilityEntergy Mississippi Inc314.0Entergy Mississippi Inc, a unit of Entergy Corp, planned to acquire Choctaw Energy Facility, a French Camp-based power and communication line constructor, for $314 million from GenOn Energy Inc, owned by NRG Energy Inc.
Zoe's Kitchen IncCava Group Inc249.9Cava Group Inc definitively agreed to acquire the entire share capital of Zoe's Kitchen Inc, a Plano-based full-service restaurant operator, for $12.75 in cash per share or a total of $249.941 million in cash.
1670 Broadway,Denver,COHFI 1670 BDWY LLC238.0HFI 1670 BDWY LLC acquired 1670 Broadway, an iconic office tower anchored by TIAA in downtown Denver, for $238 million .
3 Columbus Circle,New York City,NYThe Moinian Group223.0The Moinian Group agreed to acquire the remaining 48.9% stake it does not already own in 3 Columbus Circle, a 753,000 sq ft commercial property in New York City, from SL Green Realty Corp for an estimated $223 million .
Harvest Oil & Gas Corp-South Texas AssetsMagnolia Oil & Gas Corp191.3Magnolia Oil & Gas Corp definitively agreed to acquire the South Texas assets of Harvest Oil & Gas Corp, a Houston-based producer of crude petroleum and natural gas, for around $191.28 million lion. The consideration consists of around $135 million in cash and the issuance of 4.2 million new Magnolia common shares valued at $56.28 million lion. The shares were valued based on Magnolia's closing stock price of $13.4 on 20 August 2018, the last full trading day prior to the announcement.
ATBancorpMidWestOne Financial Group Inc170.3MidWestOne Financial Group Inc, a unit of MidWest One Financial Group Inc, definitively agreed to merge with ATBancorp, a Dubuque-based commercial bank, for around $170.3 million.
WTOL-TVTEGNA Inc105.0TEGNA Inc plans to acquire WTOL-TV, a Toledo-based television broadcaster, from Gray Television Inc for $105 million .
Pursuit Boats-AssetsMalibu Boats Inc100.0Malibu Boats Inc definitively agreed to acquire assets of Pursuit Boats, a Fort Pierce-based provider of boat building services ultimately owned by S2 Yachts, for $100 million.
Limberlost Bancshares IncFarmers & Merchants Bancorp Inc,Archbold,OH88.8Farmers & Merchants Bancorp Inc (F&M) agreed to merge with Limberlost Bancshares Inc (LBI), a Geneva-based commercial bank, for $88.765 million via a stock swap transaction. The consideration will consist of 1,830 shares per LBI share plus $8,465 in cash. Based on F&M's closing stock price of $43.88 on 17 August 2018, each LBI share was valued at $88,765.4.
Gray Television Inc-Fox Affiliated TV Stations(4)Lockwood Broadcast Group75.5Lockwood Broadcast Group agreed to acquire 4 Fox affiliated TV stations of Gray Television Inc, an Atlanta-based television broadcaster, for $75.5 million lion. Concurrently, Marquee Broadcasting Inc agreed to acquire the WSWG TV station of Gray. The two transactions are expected to have a combined value of $75.5 million.
Black Box Corp-Federal Government IT Services BusinessUndisclosed Private Equity Firm75.0Undisclosed Private Equity Firm definitively agreed to acquire Federal Government IT Services Business of Black Box Corp, a Lawrence-based provider of unified communications, data infrastructure and managed services, for $75 million in cash via a leveraged buyout transaction.
Clearwater Paper Corp-Facility,Ladysmith,WisconsinDunn Paper Inc72.0Dunn Paper Inc, a unit of Arbor Private Investment Co LP, acquired the Ladysmith, Wis. facility of Clearwater Paper Corp, a Spokane-based paperboard million l operator, for $72 million.
Atlanta Decorative Arts Center LPBlackstone Group LP68.0Blackstone Group LP plans to acquire Atlanta Decorative Arts Center LP, an Atlanta-based event promoter, for $68 million via a leveraged buyout transaction.
Gray Television Inc-ABC Affiliated TV Stations(2)EW Scripps Co55.0EW Scripps Co agreed to acquire 2 ABC affiliated TV stations of Gray Television Inc, an Atlanta-based television broadcaster, for $55 million .
The Summit at Douglas Ridge,Roseville,CASummit Associates LLC44.5Summit Associates LLC, a unit of Vectra Management Group LLC, has completed the acquisition of The Summit at Douglas Ridge, office buildings in Roseville with a combined area of 85,000 sq ft, from Ellis Partners Inc for a total of $44.5 million .
Key Outdoor IncLink Media Georgia LLC38.0Link Media Georgia LLC, a unit of Boston Omaha Corp, acquired Key Outdoor Inc, a Bourbonnais-based advertising agency, for $38 million .
Holiday Inn Express & Suites Phoenix-GlendaleTrimark Property Group LLC22.0Trimark Property Group LLC acquired Holiday Inn Express & Suites Phoenix-Glendale, a Glendale-based hotel operator, from RockBridge Capital LLC. Concurrently, Trimark acquired Staybridge Suites Phoenix-Glendale. Boh transactions have a combined value of $22 million .
Alterra Property Group Llc- Multifamily Property Portfolio(4)Dalzell Capital Partners LLC18.7Dalzell Capital Partners LLC acquired 4 multifamily property portfolio of Alterra Property Group Llc, a Philadelphia-based lessor of real estate property, for $18.7 million via a leveraged buyout transaction.
Big Muddy Bancorp IncEagle Bancorp Montana Inc18.7Eagle Bancorp Montana Inc definitively agreed to acquire the entire share capital of Big Muddy Bancorp Inc, a Dutton-based commercial bank, for $18.678 million via a stock swap transaction. Eagle offered 20.49 common shares per Big Muddy share. Based on Eagle's closing stock price of $18.75 on 20 August 2018, the last full trading day prior to the announcement, each Big Muddy share was valued at $384.19.
APEG I Partners-Bakken AssetsUS Energy Corp17.8US Energy Corp plans to acquire Bakken Assets of APEG I Partners, an oil and gas exploration and production company ultimately owned by APEG Energy II LP, for around $17.8 million lion. The consideration will consist of around $17.8 million in a combination of cash, common shares, and preferred shares.
Blush Gentlemens Club & Sports Bar-AssetsRCI Hospitality Holdings Inc15.0RCI Hospitality Holdings Inc definitively agreed to acquire the assets of the Blush Gentlemens Club & Sports Bar in Pittsburgh for an estimated $15 million in cash.
Jack's Fork Exploration IncAston Bay Holdings Ltd1.2Aston Bay Holdings Ltd of Canada definitively agreed to merge with Jack's Fork Exploration Inc, a Wheat Ridge-based copper mining company, for 12 million common shares valued at $1.152 million via a stock swap transaction. The shares were valued based on Aston Bay's closing stock price of $0.096 on 20 August 2018, the last full trading day prior to the announcement.
Onguard Systems3sg Plus LLC3sg Plus LLC acquired Onguard Systems, a Worthington-based provider of custom computer programming services.
Lackner BuckinghamAcumium LLCAcumium LLC acquired the remaining stake it did not already own in Lackner Buckingham, a Mount Horeb-based provider of custom computer programming services.
Pensys IncAscensus IncAscensus Inc, jointly owned by Genstar Capital LLC and Aquiline Capital Partners LLC, planned to acquire Pensys Inc, a Roseville-based provider of administrative management and general management consulting services.
Brand Value AcceleratorAugust SparkAugust Spark acquired an undisclosed majority interest in Brand Value Accelerator, a San Diego-based internet service provider.
Organogenesis IncAvista Healthcare Public Acquisition CorpAvista Healthcare Public Acquisition Corp, a unit of Avista Acquisition LLC, definitively agreed to merge with Organogenesis Inc, a Canton-based manufacturer of biological products.
Adapt Telephony Services LLCAvtex Solutions LLCAvtex Solutions LLC, a unit of Norwest Equity Partners, acquired Adapt Telephony Services LLC, an Oak Brook-based provider of contact center services.
PaperRater.comBarnes & Noble Education IncBarnes & Noble Education Inc acquired PaperRater.com, a Cincinnati-based company that develops AI to improve writing. Its software includes grammar, plagiarism, and spelling check, along with word choice analysis.
Adams Manufacturing CorpBC Partners LLPBC Partners LLP of the UK acquired Adams Manufacturing Corp, a Portersville-based manufacturer of plastics materials, via a leveraged buyout transaction.
GamingtodayBill PaulosBill Paulos acquired Gamingtoday, a Las Vegas-based newspaper publisher.
Vandor LLCBioworld Merchandising IncBioworld Merchandising Inc acquired Vandor LLC – a Salt Lake City-based firm that designs and sells licensed consumer products, as well as gifts and memorabilia that features licensed characters – from The Randolph Group Inc.
The Asher House LLC-The Asher House Pet CBD BrandCannabis Strategic Ventures IncCannabis Strategic Ventures Inc acquired The Asher House Pet CBD brand, a line of hemp derived cannabidiol (CBD) supplements for pets, from The Asher House LLC, a Los Angeles-based provider of pet care services.
Primity Bio IncCaprion Biosciences IncCaprion Biosciences Inc of Canada acquired Primity Bio Inc, a Fremont-based provider of biomarker and immune monitoring services.
PowerTeam Services LLCClayton Dubilier & Rice LLCClayton Dubilier & Rice LLC, a unit of Clayton Dubilier & Rice LP Holdings, plans to acquire PowerTeam Services LLC, a Plymouth-based producer of crude petroleum and natural gas, from Kelso & Co via a leveraged buyout transaction.
Orbital Systems LtdCommunications & Power Industries LLCCommunications & Power Industries LLC, a unit of CPI International Inc, acquired Orbital Systems Ltd, an Irving-based manufacturer of wireless communications equipment. Concurrently acquirer has also acquired Quorum Communications Inc.
Quorum Communications Inc (VPI PLC/Tranwood Consortium Fund/Tranwood)Communications & Power Industries LLCCommunications & Power Industries LLC, a unit of CPI International Inc, acquired Quorum Communications Inc, a New York-based portfolio manager, from VPI Group PLC. Concurrently, the acquirer also bought Orbital Systems Ltd.
LenderLive Network IncComputershare LtdComputershare Ltd of Australia agreed to acquire LenderLive Network Inc, a loan broker, from Aquiline Capital Partners LLC.
Network CommunicationsConterra Ultra Broadband LLCConterra Ultra Broadband LLC, a unit of Court Square Capital Partners LP, agreed to acquire Network Communications, a Longview-based wired telecommunications carrier.
Ascential Group LtdCool Holdings IncCool Holdings Inc acquired Ascential Group Ltd, an electronics retailer, for around $4.3 million .
TypeZero Technologies LLCDexcom IncDexcom Inc acquired TypeZero Technologies LLC, a Charlottesville-based provider of inControl Diabetes Management Platform.
Big Hearted Books & Clothing IncDiscover BooksDiscover Books plans to acquire Big Hearted Books & Clothing Inc, a Sharon-based seller of used merchandise.
Johnnys RV LLCDixie RV Superstores LLCDixie RV Superstores LLC acquired Johnnys RV LLC, a Grand Bay-based recreational vehicle dealer.
EZUniverse IncDTT Surveillance IncDTT Surveillance Inc, a unit of BV Investment Partners LLC, acquired EZUniverse Inc, a Mahwah-based provider of custom computer programming services.
Rio Verde Utilities IncEpcor Water (USA) IncEpcor Water (USA) Inc, a unit of EPCOR Utilities Inc, agreed to acquire Rio Verde Utilities Inc, a Rio Verde- based water supply system operator.
Garden Oaks Center,Houston,TexasFifth Corner Properties LLCFifth Corner Properties LLC acquired Garden Oaks Center, a 14,000 sq ft retail center in Houston.
FiberOne LLCFortune Brands Home & Security IncFortune Brands Home & Security Inc plans to acquire FiberOne LLC, an East Syracuse-based manufacturer of fiber optic cables, for $470 million from Future Infrastructure Holdings LLC, ultimately owned by Tower Arch Capital LLC.
Mid America Door CoGaraga IncGaraga Inc of Canada acquired Mid America Door Co, a Ponca City-based manufacturer of wood windows and doors.
Solarbos IncGibraltar Industries IncGibraltar Industries Inc acquired Solarbos Inc, a Walker-based manufacturer of scales and balances.
Foundation Recovery SystemsGroundworks CoGroundworks Co acquired Foundation Recovery Systems, a Moberly-based housing constructor.
Paramount Leisure Industries IncHayward Industries IncHayward Industries Inc, a unit of Hayward Industries Inc SPV, plans to acquire Paramount Leisure Industries Inc, a Chandler-based provider of facilities support services.
Midrange Performance Group IncHelpSystems LLCHelpSystems LLC, a unit of HIG Capital LLC, acquired Midrange Performance Group Inc, a Boulder-based provider of IBM Power Systems including hardware, software, media and technical support services.
AgJunction Inc-Outback Guidance BusinessHemisphere GNSS IncHemisphere GNSS Inc, a unit of Beijing Unistrong Science & Technology Co Ltd, acquired the outback guidance business of AgJunction Inc, a Hiawatha-based Autosteering company. The deal included REBEL autosteering products of AgJunction and its Hiawatha, Kansas & Winnipeg, Canada facilities.
Hull Agency InsuranceHigginbotham & Associates LLCHigginbotham & Associates LLC acquired the remaining stake it did not already own in Hull Agency Insurance, a Benbrook-based insurance agency.
Copy Source One LtdInservio3 LLCInservio3 LLC acquired the remaining stake it did not already own in Copy Source One Ltd, a Houston-based business service center.
Colorado National Bank,Palisade,COInvestor GroupAn investor group, comprising Mark Moskvin and Maxim Yaroshewsky, acquired the bankrupt Colorado National Bank (CNB), a Palisade-based commercial bank, from Kansas Pacific Investments LLC. Originally, in November 2017, the investor group was rumored to be planning to acquire CNB.
cPanel IncInvestor GroupAn investor group, comprising Oakley Capital Ltd and WebPros HoldCo BV, agreed to acquire an undisclosed majority interest in cPanel Inc, a Houston-based software publisher, from Oakley Capital Ltd.
Vegas Winners LLCJericho Associates IncJericho Associates Inc, a unit of Concrete Leveling Systems Inc, acquired Vegas Winners LLC, a casino operator.
Highlands Bancorp IncLakeland Bancorp IncLakeland Bancorp Inc definitively agreed to merge with Highlands Bancorp Inc, a Vernon-based commercial bank, for $56.7 million .
U S Rail HoldingsLas Vegas Railway Express IncLas Vegas Railway Express Inc acquired U S Rail Holdings, a Toledo-based railroad operator.
Woodland Group Inc-Applebee's Restaurants,TN(8)Legacy Apple LLCLegacy Apple LLC acquired 8 Applebee's Restaurants from Woodland Group Inc, a Nashville-based full-service restaurant operator.
Rock-Pond Solutions IncMediware Information Systems IncMediware Information Systems Inc, a unit of TPG Capital LP, acquired Rock-Pond Solutions Inc, a Conway-based provider of data processing and hosting services.
Grakon Parent IncMethode Electronics IncMethode Electronics Inc plans to acquire Grakon Parent Inc, a San Francisco-based manufacturer of vehicular lighting equipment, for around $420 million .
One Lab CoMountain High Acquisitions CorpMountain High Acquisitions Corp acquired One Lab Co, a manufacturer of cannabis extraction equipment.
Search InteractionsMWW Group IncMWW Group Inc, a unit of GolinHarris International, acquired Search Interactions, a Clifton-based advertising agency.
Winthrop Capital ManagementNoyes Group LLCNoyes Group LLC acquired Winthrop Capital Management, an Indianapolis-based investment advisor.
Noble Food LLCPaco Communications IncPaco Communications Inc acquired Noble Food LLC, a Springfield-based provider of marketing consulting services.
Repcruit IncPeopleKeys IncPeopleKeys Inc acquired Repcruit Inc, a software reproducer.
LandlordStation LLCPriority Technology Holdings IncPriority Technology Holdings Inc acquired LandlordStation LLC, a Dallas-based provider of rent payment services. Concurrently, Priority acquired RadPad Holdings Inc.
RadPad Holdings IncPriority Technology Holdings IncPriority Technology Holdings Inc acquired RadPad Holdings Inc, a provider of rent payment services. Concurrently, Priority acquired Landlord Station LLC.
Pps NortheastPriority Technology Holdings IncPriority Technology Holdings Inc acquired Priority Payment Systems Northeast, a Warwick-based provider of financial transactions services.
Direct Valuation Solutions IncPro Teck Valuation ServicesPro Teck Valuation Services acquired Direct Valuation Solutions Inc, a Folsom-based software reproducer.
D Mosley Trucking IncPS HoldCoPS HoldCo acquired D Mosley Trucking Inc, a Starke-based provider of local freight trucking services.
StorReduce IncPure Storage IncPure Storage Inc acquired StorReduce Inc, a Sunnyvale-based provider of cloud storage services.
Main Street Media IncQwick Media IncQwick Media Inc of Canada agreed to acquire Main Street Media Inc, a Los Angeles-based producer of motion pictures and videos.
Amerit Fleet Solutions IncRidgemont Partners Management LLCRidgemont Partners Management LLC acquired an undisclosed majority interest in Amerit Fleet Solutions Inc, a Walnut Creek-based provider of automotive repair services, via a leveraged buyout transaction.
3D Results LLCRizing LLCRizing LLC, a unit of One Equity Partners LP, acquired 3D Results LLC, a Libertyville-based provider of management consulting services.
Strategic BCP IncSAI Global LtdSAI Global Ltd of Australia, a unit of Casmar Holdings Pte Ltd, acquired Strategic BCP Inc, a Blue Bell-based provider of business continuity management planning software.
Canpango LLCScanSource IncScanSource Inc acquired Canpango LLC, a million waukee- based provider of management consulting services.
LJPR Financial Advisors LLCSequoia Financial Advisors LLCSequoia Financial Advisors LLC plans to merge with LJPR Financial Advisors LLC, a Troy-based portfolio manager.
Fosbrooke IncSerta Simmons Bedding LLCSerta Simmons Bedding LLC definitively agreed to merge with Fosbrooke Inc, a Phoenix-based manufacturer of mattresses.
Milliman Inc-Gradient AI BusinessShareholdersMilliman Inc completed the spinoff of its Gradient AI Business to its shareholders.
Jsa Health Telepsychiatry LLCSpecialists On Call IncSpecialists On Call Inc acquired JSA Health Telepsychiatry LLC, a Houston-based psychiatric and substance abuse hospital operator.
Contract Management StrategiesSpendmend LLCSpendmend LLC agreed to acquire Contract Management Strategies, an Irvine-based provider of management consulting services.
Tenibac-Graphion IncStandex International CorpStandex International Corp acquired Tenibac-Graphion Inc, a Clinton Township-based provider of metal coating and surfacing services.
Drobo IncStorcentricStorcentric plans to acquire Drobo Inc, a San Jose-based manufacturer of computer storage devices.
Glassbridge Enterprises Inc-Nexsan BusinessStorecentric IncStorecentric Inc acquired Glassbridge Enterprises Inc-Nexsan Business, a provider of administrative management and general management consulting services, for about $5.67 million .
Gener8 IncSverica Capital Partners IV LPSverica Capital Partners IV LP, a unit of Sverica Capital Management LP, acquired an undisclosed majority interest in Gener8 Inc, a Sunnyvale-based manufacturer of analytical laboratory instruments, via a leveraged buyout transaction.
Asia Releasing LLCTangren Cultural Film GroupTangren Cultural Film Group of Australia acquired Asia Releasing LLC, a Los Angeles-based producer of motion pictures and videos.
Staybridge Suites Phoenix-GlendaleTrimark Property Group LLCTrimark Property Group LLC acquired the Staybridge Suites Phoenix-Glendale from RockBridge Capital LLC. Concurrently, Trimark acquired Holiday Inn Express & Suites Phoenix-Glendale. Both transactions have a combined value of $22 million.
Ct Pharmaceutical Solutions LLCTuatara Capital LPTuatara Capital LP acquired Ct Pharmaceutical Solutions LLC, a Portland-based health and personal care merchandise retailer, via a leveraged buyout transaction.
Sheds USA LLCTuff Shed IncTuff Shed Inc acquired Sheds USA LLC, a Portsmouth-based wholesaler of construction materials, from Backyard Discovery HoldingsLLC, ultimately owned by Aterian Investment Partners LLC.
Predikto IncUnited Technologies CorpUnited Technologies Corp acquired Predikto Inc, an Atlanta-based software publisher.
Vical Inc-Plasmid DNA production facility, San DiegoViromed Co LtdViromed Co Ltd of South Korea acquired plasmid DNA production facility in San Diego from Vical Inc, a San Diego-based manufacturer of biological products.
Sports Memorandum IncWagertalkWagertalk of Canada acquired Sports Memorandum Inc, a Brentwood-based event promoter.
Accu Tube CorpWashington Equity Partners LLCWashington Equity Partners LLC acquired Accu Tube Corp, an Englewood-based manufacturer of steel pipes and tubes, via a leveraged buyout transaction.
Yarbrough Solutions WorldwideWatlow Electric Manufacturing CoWatlow Electric Manufacturing Co acquired Yarbrough Solutions Worldwide, a Rockwall-based manufacturer of semiconductors and related devices.
Restaurant Technologies IncWest Street Infrastructure Partners III LPUK-based West Street Infrastructure Partners III LP, a unit of Goldman Sachs & Co, plans to acquire Restaurant Technologies Inc, a Mendota Heights-based manufacturer of commercial and service industry machinery.
Bunge Ltd-International Sugar Trading OperationsWilmar Sugar Pte LtdWilmar Sugar Pte Ltd of Singapore, a unit of Wilmar International Ltd, acquired international sugar trading operations of Bunge Ltd, a White Plains-based soybean processor.
W-Technology IncWinchester Interconnect CorpWinchester Interconnect Corp, a unit of Snow Phipps Group LLC, acquired W-Technology Inc, a Houston-based manufacturer of electronic components.
Rain Tunnel ExpressZips Car Wash LLCZips Car Wash LLC acquired Rain Tunnel Express, a St. Louis-based car wash operator.
US M&A Deals Announced August 17 to 23, 2018
Source: Thomson Reuters