Target | Acquirer | Value ($millions) | Synopsis |
Great-West Life & Annuity Insurance Co-Life Insurance & Annuity Business | Protective Life Insurance Co | 1,200.0 | Protective Life Insurance Co, a unit of Protective Life Corp, agreed to acquire life insurance & annuity business of Great-West Life & Annuity Insurance Co, a Greenwood Village-based insurance company, owned by Great-West Life Assurance Co, ultimately owned by Dai-ichi Life Holdings Inc, for an estimated $1.2 billion. The consideration will consist of $1.2 billion and an undisclosed amount in profit-related payments. |
Verity Health System of California Inc-Hospitals(4) | The KPC Group | 610.0 | The KPC Group agreed to acquire 4 hospitals of the bankrupt Verity Health System of California Inc, an El Segundo-based hospital operator, for a total of $610 millionvia an auction. |
Pluto Inc | Viacom Inc | 340.0 | Viacom Inc, a unit of National Amusements Inc, definitively agreed to acquire Pluto Inc, a Los Angeles-based provider of online television streaming services, for $340 millionin cash. |
UQM Technologies Inc | Danfoss Power Solutions Inc | 95.1 | Danfoss Power Solutions Inc, a unit of Danfoss A/S, definitively agreed to acquire the entire share capital of UQM Technologies Inc, a Longmont-based manufacturer of motors and generators, for $1.71 in cash per share or a total of $95.081 million. |
Schmitt Sales Inc-Wholesale Fuel Distribution Business | Sunoco LP | 50.0 | Sunoco LP acquired the wholesale fuel distribution business of Schmitt Sales Inc, a Buffalo-based wholesaler of petroleum and petroleum products. Concurrently, Sunoco acquired certain convenience store locations of Speedway LLC. Both transactions have a combined value of around $50 million. |
Kinderhook Bank Corp | Community Bank System Inc | 45.3 | Community Bank System Inc definitively agreed to acquire the entire share capital of Kinderhook Bank Corp, a Kinderhook-based commercial bank, for $45.313 millionin cash. |
Partnership Community Bancshares Inc | Bank First National Corp | 41.0 | Bank First National Corp definitively agreed to merge with Partnership Community Bancshares Inc, a Menomonee Falls-based bank holding company, for an estimated $41 millionvia a stock swap transaction, subject to proration whereby 35% of the consideration will consist of cash and 65% in common shares, or $14.35 millionin cash and $26.65 millionin common shares. |
Coats Group PLC-North America Crafts Business | Spinrite LP | 37.0 | Spinrite LP of Canada, a unit of Comvest Group Holdings LP, acquired the North America crafts business of Coats Group PLC, a London-based thread mill operator, for $37 million. |
F & M Bancorp of Tomah Inc | Citizens Community Bancorp Inc,Eau Claire,Wisconsin | 21.6 | Citizens Community Bancorp Inc in Eau Claire, Wisconsin definitively agreed to merge with F & M Bancorp of Tomah Inc, a Tomah-based commercial bank, for an estimated $21.6 mil, subject to proration whereby the consideration will consist of 85% cash and 15% in common shares. The consideration will consist of $18.36 millionin cash and $3.24 millionin common shares. |
Sunoco LP-Ethanol Plant | Attis Industries Inc | 20.0 | Attis Industries Inc definitively agreed to acquire an ethanol plant of Sunoco LP, a Dallas-based wholesaler of petroleum and petroleum products for $20 millionin cash. |
Software Information Systems Inc | Converge Technology Solutions Corp | 11.5 | Converge Technology Solutions Corp of Canada acquired the entire share capital of Software Information Systems Inc, a Lexington-based provider of computer systems design services, from VBS Holding Co Inc, for $11.5 millionin cash. |
Hillside Village,San Bernardino, CA | Henley Tower16 | 11.0 | Henley Tower16, jointly owned by Tower 16 Capital Partners and Henley USA LLC, acquired Hillside Village, an 80-unit multifamily project in San Bernardino, for $11 million. |
Pacific International Grout Co | Cematrix Corp | 7.3 | Cematrix Corp of Canada signed a letter of intent to acquire the entire share capital of Pacific International Grout Co, a Bellevue-based structure contractor, for an estimated $7.25 million. The consideration will consist of $3.25 millionin cash, $0.5 millionin Cematrix common shares, and up to $3.5 millionin profit-related payments. |
Helic Inc | ANSYS Inc | | ANSYS Inc definitively agreed to acquire Helic Inc, a Santa Clara-based software publisher. |
The Langley Agency | AssuredPartners Inc | | AssuredPartners Inc, a unit of Apax Partners LP, acquired The Langley Agency, a Boca Raton-based insurance agency. |
Tirschwell & Loewy Inc | Beacon Investment Advisory Services Inc | | Beacon Investment Advisory Services Inc, a unit of Beacon Trust Co, plans to acquire Tirschwell & Loewy Inc, a New York-based portfolio manager. |
Triumph Group Inc-Global 7500 Wing Manufacturing Operations & Assets | Bombardier Inc | | Bombardier Inc of Canada definitively agreed to acquire the Global 7500 wing manufacturing operations & assets of Triumph Group Inc, a Berwyn-based manufacturer of aircraft engines and engine parts. |
Seneca Foods Corp-Packaging plant,Lebanon,PA | Bonduelle SA | | Bonduelle SA of France plans to acquire the Lebanon, Pennsylvania packaging plant of Seneca Foods Corp, a Marion-based producer of canned fruits and vegetables. |
Timpani Capital Management LLC | Calamos Investments LLC | | Calamos Investments LLC definitively agreed to acquire Timpani Capital Management LLC, a Milwaukee-based investment advisor. |
Synchrony Financial-Walmart Inc Credit Card Loan Portfolio | Capital One Financial Corp | | Capital One Financial Corp agreed to acquire the Walmart Inc credit card loan portfolio of Synchrony Financial, a Stamford-based provider of nondepository credit intermediation services. |
Polymer Ventures Inc-Automotive Paint Detackification Business | Chemetall Us Inc | | Chemetall Us Inc, a unit of Chemetall GmbH, agreed to acquire the automotive paint detackification business of Polymer Ventures Inc, a Charleston-based wholesaler of chemical and allied products. |
Planet 3 Inc | CircusTrix Holdings LLC | | CircusTrix Holdings LLC acquired Planet 3 Inc, a provider of recreation services. |
E-Tel Systems Corp | Comstar Technologies LLC | | Comstar Technologies LLC acquired E-Tel Systems Corp, a Dulles-based wireless telecommunications carrier. |
Savina Consulting LLC | DCI Consulting Group Inc | | DCI Consulting Group Inc acquired Savina Consulting LLC, a Denver-based provider of legal services. |
Reimagine Holdings Group Inc | Dynata | | Dynata, a unit of Research Now Group Inc, agreed to acquire Reimagine Holdings Group Inc, a Westport-based provider of financial investment services. |
Comedy Zone Worldwide | EastCoast Entertainment | | EastCoast Entertainment, a unit of RAM Entertainment & SpecialCEvents Services LLC, acquired the entire share capital of Comedy Zone Worldwide, a Charlotte-based theater company. |
SLAIT Consulting LLC | ePlus Technology Inc | | ePlus Technology Inc, a unit of ePlus Inc, acquired SLAIT Consulting LLC, a Virginia Beach-based software publisher. |
Osmose Utilities Services Inc | EQT Partners AB | | EQT Partners AB of Sweden acquired the state-owned Osmose Utilities Services Inc, a Tyrone-based provider of engineering services, via a leveraged buyout transaction. |
Frontier Communications Corp-Wireless Tower Assets Portfolio | Everest Infrastructure Partners Inc | | Everest Infrastructure Partners Inc acquired wireless tower assets portfolio of Frontier Communications Corp, a Stamford-based wired telecommunications carrier. |
Echo Summit Properties LLC | Golden Key LLC | | Golden Key LLC acquired Echo Summit Properties LLC, a Centennial-based residential property manager. |
Business Marketing Group Inc | Halma PLC | | Halma PLC of the UK acquired Business Marketing Group Inc, a Kirkland-based provider of management consulting services. |
North American Rescue LLC | Henry Schein Inc | | Henry Schein Inc definitively agreed to acquire a 93% interest in North American Rescue LLC, a Greer-based health and personal care merchandise retailer, from Blue Wolf Capital Partners LLC. |
PetroChem Recovery Services Inc | HEPACO LLC | | HEPACO LLC, a unit of Gryphon Investors Inc, acquired PetroChem Recovery Services Inc, a Norfolk-based government administration establishment for air and water resource and solid waste management, from Succession Capital Partners LLC, ultimately owned by Lynx Equity Ltd. |
Fulcrum IT Services LLC | Huntington Ingalls Industries Inc | | Huntington Ingalls Industries Inc plans to acquire Fulcrum IT Services LLC, a Centreville-based software publisher. |
1 Ramland Road,Orangeburg,NY | Investor Group | | An investor group, comprising CIM Group LP and fifteenfortyseven Critical Systems Realty LLC, acquired an existing 232,000 sq ft data center at 1 Ramland Road in Orangeburg, New York. |
Auris Health Inc | Johnson & Johnson | | Johnson & Johnson is rumored to be planning to acquire Auris Health Inc, a Redwood City-based manufacturer of navigational, measuring, electromedical and control Instruments. Sources revealed that the deal was valued at around $2 bil. |
Mid-America Risk Managers Inc | K2 Insurance Services LLC | | K2 Insurance Services LLC acquired Mid-America Risk Managers Inc, an Omaha-based insurance agency. |
Rim Tec Inc | Kyriba Corp | | Kyriba Corp agreed to acquire Rim Tec Inc, a Scottsdale-based provider of foreign exchange exposures management solutions. |
Bouchard Insurance Inc | Marsh & McLennan Agency LLC | | Marsh & McLennan Agency LLC, a unit of Marsh Inc, agreed to acquire Bouchard Insurance Inc, a Clearwater-based insurance agency. |
Sga Architecture | Narmour Wright Architecture | | Narmour Wright Architecture acquired the entire share capital of Sga Architecture, a Pawleys Island-based provider of architectural services. |
Orchid Orthopedic Solutions LLC | Nordic Capital Fund IX | | Nordic Capital Fund IX of Sweden, a unit of Nordic Capital Advisory AB, agreed to acquire an undisclosed majority interest in Orchid Orthopedic Solutions LLC, a Holt-based manufacturer of surgical appliance and supplies, from Altor Fund III, ultimately owned by Altor Equity Partners AB. |
Barcodes Inc | Odyssey Investment Partners LLC | | Via a secondary buyout transaction, Odyssey Investment Partners LLC acquired Barcodes Inc, a Chicago-based manufacturer of computer peripheral equipment, from Cortec Group Fund V LP, ultimately owned by Cortec Group Inc. Previously, Cortec Group Fund V LP acquired Barcodes. Originally, Thomson Street Capital Partners acquired Barcodes. |
Atlona Inc | Panduit Corp | | Panduit Corp, a unit of Illinois Tool Works Inc, acquired Atlona Inc, a San Jose-based manufacturer of telephone apparatuses. |
Rogue Wave Software Inc | Perforce Software Inc | | Perforce Software Inc, a unit of Clearlake Capital Group LP, definitively agreed to acquire Rogue Wave Software Inc, a Louisville-based software publisher, from Healthvision Solutions Inc, owned by Quovadx Holdings Inc. |
Ltx Solutions | Redwood Logistics LLC | | Redwood Logistics LLC, a unit of CI Capital Partners LLC, acquired Ltx Solutions, an Atlanta-based provider of long-distance freight trucking services. |
United Health Actuarial Services Inc | Risk Strategies Co Inc | | Risk Strategies Co Inc, a unit of Kelso & Co LP, acquired United Health Actuarial Services Inc, a Carmel-based provider of management consulting services. |
Woodforest National Bank-Asset Based & Equipment Finance Lending Business | Sterling National Bank,Montebello,New York | | Sterling National Bank in Montebello, New York, a unit of Sterling Bancorp, definitively agreed to acquire the asset based & equipment finance lending business of Woodforest National Bank, a Houston-based commercial bank, ultimately owned by Woodforest Bancshares in Houston, Texas. |
ABC Fire Extinguisher Co Inc | Summit Fire Protection Co | | Summit Fire Protection Co, a unit of CI Capital Partners LLC, acquired ABC Fire Extinguisher Co Inc, a Reno-based provider of fire safety contractor services. |
Speedway LLC-Certain Convenience Store Locations | Sunoco LP | | Sunoco LP acquired certain convenience store locations of Speedway LLC, an Enon-based operator of gasoline stations with convenience stores. Concurrently, Sunoco acquired the wholesale fuel distribution business of Schmitt Sales Inc. Both transactions have a combined value of around $50 million. |
Locus Telecommunications Inc | Telrite Holdings Inc | | Telrite Holdings Inc agreed to acquire Locus Telecommunications Inc, an Englewood Cliffs-based wireless telecommunications carrier. The transaction will include H2O Wireless. |
Repay Holdings LLC | Thunder Bridge Acquisition Ltd | | Thunder Bridge Acquisition Ltd definitively agreed to acquire the entire share capital of Repay Holdings LLC, an Atlanta-based provider of financial transactions services. Upon completion of the deal, Thunder Bridge will be renamed as Repay Holdings Corp. |
R2G Services LLC | Transaction Network Services Inc | | Transaction Network Services Inc, jointly owned by TNS Inc and Gtcr LLC, acquired R2G Services LLC, a Chicago-based provider of professional services. |
The CDL School Inc | TransForce Inc | | TransForce Inc, a unit of Palladium Equity Partners LLC, acquired The CDL School Inc, a Coral Gables-based owner and operator of commercial truck driving school. |
Veritas Prep LLC | Varsity Tutors LLC | | Varsity Tutors LLC acquired Veritas Prep LLC, a Malibu-based provider of educational support services. |
National Technologies Associates Inc | VT Group PLC | | VT Group PLC, a unit of Babcock International Group PLC, acquired National Technologies Associates Inc, an Arlington-based provider of professional services. |
Summit Planning Group LLC | Wealth Enhancement Group LLC | | Wealth Enhancement Group LLC, a unit of Lightyear Capital LLC, agreed to acquire Summit Planning Group LLC, a Green Bay-based provider of administrative management and general management consulting services. |
New Form Entertainment | Whistle Sports Inc | | Whistle Sports Inc acquired New Form Entertainment, a Los Angeles-based producer of motion pictures and videos. |
US M&A Deals Announced January 18 to 24, 2019 | | | |
Source: Thomson Reuters | | | |