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Target Acquirer Value ($millions) Synopsis
Mist Systems Inc Juniper Networks Inc 405.0 Juniper Networks Inc definitively agreed to acquire Mist Systems Inc, a Cupertino-based provider of custom computer programming services, for about $405 mil.
Myoscience Inc Pacira Pharmaceuticals Inc 220.0 Pacira Pharmaceuticals Inc definitively agreed to acquire Myoscience Inc, a Fremont-based wholesaler of medical equipment and supplies, for $220 million. The consideration would consist of $120 millionin cash and $100 millionin profit-related payments. Upon completion of the deal, Pacira and Myoscience will be renamed as Pacira BioSciences Inc and Pacira CryoTech Inc respectively.
Mobile Nations LLC Future PLC 120.6 Future PLC of the UK acquired Mobile Nations LLC, a Saint Petersburg-based periodical publisher, for about $120.596 million. The consideration consisted of $55 millionin cash, 0.615 millionFuture ordinary shares, plus up to $60 millionin profit-related payments. The shares were valued based on Future's closing stock price of $9.097 on 28 February 2019, the last full trading day prior to the announcement.
Kforce Government Solutions Inc ManTech International Corp 115.0 ManTech International Corp definitively agreed to acquire Kforce Government Solutions Inc, a Fairfax-based provider of computer facilities management services, from Kforce Inc for $115 millionin cash.
Bluegreen Vacations Corp BBX Capital Corp 115.0 BFC Financial Corp's unit BBX Capital Corp plans to acquire the remaining 7.185 common shares or 9.65% stake it does not already own in Bluegreen Vacations Corp, a Boca Raton-based real estate agency, for $16 in cash per share or a total of $114.959 million. Upon completion of the deal, Bluegreen common shares will be delisted from the New York Stock Exchange and will operate as a wholly-owned subsidiary of BBX.
Summit Financial Enterprises Inc BancorpSouth Bank 100.3 BancorpSouth Bank definitively agreed to merge with Summit Financial Enterprises Inc, a Panama City-based commercial bank, for $100.3 millionvia a stock swap transaction subject to a collar agreement wherein the total price should range between $95 millionand $107.5 million. The consideration would consist of $20 millionand 2.5 millionBancorpSouth common shares. The shares were valued based on BancorpSouth's closing stock price of $32.12 on 4 March 2019, the last full trading day prior to the announcement. The transaction will include Panama Bank NA in Panama City, Florida. Concurrently, BancorpSouth agreed to merge with Van Alstyne Financial Corp.
Van Alstyne Financial Corp BancorpSouth Bank 88.0 BancorpSouth Bank agreed to merge with Van Alstyne Financial Corp, a Van Alstyne-based bank holding company, for $87.952 millionvia a stock swap transaction subject to a collar agreement wherein the total price should range between $80 millionand $86.7 million. The consideration would consist of $20.5 millionin cash and 2.1 millionin BancorpSouth common shares. The shares were valued based on BancorpSouth's closing stock price of $32.12 on 4 March 2019, the last full trading day prior to the announcement. The transaction will include Texas Star Bank in Val Alstyne, Texas. Concurrently, BancorpSouth agreed to merge with Summit Financial Enterprises Inc.
Janie & Jack Gap Inc 35.0 Gap Inc acquired Janie & Jack, a wholesaler of clothing and accessories, for $35 mil.
Local Projects LLC MTM Choice LLC 31.0 MTM Choice LLC, a unit of MTM Choice Holdings LLC, ultimately owned by Pico Far East Holdings Ltd, acquired the entire share capital of Local Projects LLC, a New York City-based provider of computer systems design services, for about $31 million. The consideration included up to $5 millionin Pico Far East ordinary shares.
General Photonics LLC Luna Technologies Inc 20.0 Luna Innovations Inc's unit Luna Technologies Inc acquired General Photonics LLC, a Chino-based fiber optic cables manufacturer, for $20 millionfrom General Cable Technologies Corp, ultimately owned by Prysmian SpA. The consideration consisted of $19 millionin cash and up to $1 millionin profit-related payments.
Intown Design Inc Select Interior Concepts Inc 11.0 Select Interior Concepts Inc acquired Intown Design Inc, an Atlanta-based stone products manufacturer, for $11 mil.
Premium Exploration USA Inc KOPR Point Ventures Inc 4.0 KOPR Point Ventures Inc of Canada was granted an option to acquire the remaining 80% stake in Premium Exploration USA Inc, a Coeur d'Alene-based mineral mining company, from Premium Exploration Inc for $4 millionvia a stock swap transaction. The consideration would consist of $1 millionin cash and $3 millionin common shares. Concurrently, KOPR plans to acquire a 20% minority stake in Premium Exploration USA for $0.763 mil.
Turnitin LLC Advance Publications Inc Advance Publications Inc plans to acquire Turnitin LLC, an Oakland-based software reproducer, for around $1.75 billion from iParadigms LLC, ultimately owned by Insight Venture Partners LLC. Previously, Advance was rumored to be planning to acquire Turnitin.
Dds Dentures Implant Solutions Affordable Care Inc American Capital Ltd's unit Affordable Care Inc acquired DDS Dentures Implant Solutions, a Checotah-based provider of quality dental care services.
Direct ChassisLink Inc Apollo Global Management LLC BRH Holdings GP Ltd's unit Apollo Global Management LLC definitively agreed to acquire a majority interest in Direct ChassisLink Inc, a Charlotte-based provider of truck rental and leasing services, via a leveraged buyout transaction from EQT Infrastructure II Fund, ultimately owned by EQT Partners AB. Originally, in October 2018, EQT Infrastructure II Fund, ultimately owned by EQT Partners AB, was rumored to be seeking a buyer for the company.
Blume Global Inc Apollo Global Management LLC BRH Holdings GP Ltd's unit Apollo Global Management LLC definitively agreed to acquire a majority interest in Blume Global Inc, a Pleasanton-based provider of freight transportation arrangement services, via a leveraged buyout transaction from EQT Infrastructure II Fund, ultimately owned by EQT Partners AB. Concurrently, Apollo definitively agreed to acquire Direct ChassisLink Inc.
Woodward Compressor Sales Inc Atlas Copco AB Atlas Copco AB of Sweden acquired Woodward Compressor Sales Inc, a Charlotte-based manufacturer of air and gas compressors.
Hampton Inn San Antonio-Downtown River Walk Bh Hospitality Management LLC BH Hospitality Management LLC acquired the 169-room Hampton Inn San Antonio-Downtown River Walk hotel.
Thermigen LLC Celling Biosciences LLC Celling Biosciences LLC definitively agreed to acquire Thermigen LLC, an Irving-based manufacturer of navigational, measuring, electromedical and control Instruments, from Almirall SA, ultimately owned by Grupo Corporativo Landon SL.
Chrome River Technologies Inc Certify Inc K1 Investment Management LLC's unit Certify Inc plans to merge with Chrome River Technologies Inc, a Los Angeles-based software publisher, for around $1 bil.
Engineered Solutions Inc CMTA Inc CMTA Inc acquired Engineered Solutions Inc, a Natick-based engineering services provider.
A.B.C. Refrigeration & Air Conditioning Inc CoolSys Inc Audax Group LP's unit CoolSys Inc acquired A.B. C. Refrigeration & Air Conditioning Inc, an East Syracuse-based contractor for plumbing, heating and air-conditioning.
Sada Systems Inc-Microsoft Business Unit Core BTS Inc Tailwind Capital Group LLC's unit Core BTS Inc acquired the Microsoft business unit of Sada Systems Inc, a Los Angeles-based software publisher.
OMNI Orthopaedics Inc Corin Group PLC Corin Orthopaedics Holding Ltd's unit Corin Group PLC of the UK agreed to acquire OMNI Orthopaedics Inc, a Canton-based medical firm.
eSyncTraining Inc Coso Cloud LLC AASKI Technology Inc's unit Coso Cloud LLC acquired eSyncTraining Inc, an Irvine-based web technology training provider.
Reliable Propane Inc Ferrellgas Partners LP Ferrellgas Partners LP acquired Reliable Propane Inc, a Sikeston-based wholesaler of petroleum and petroleum products.
NVoicePay Inc FleetCor Technologies Inc FleetCor Technologies Inc definitively agreed to acquire NVoicePay Inc, a Beaverton-based software publisher.
Innocor Inc Fxi Inc One Rock Capital Partners LLC's unit FXI Inc agreed to acquire the entire share capital of Innocor Inc, a West Long Branch-based mattresses manufacturer, from Sun Capital Partners Inc.
Bubbles Baking Co Global Bakeries Inc Global Bakeries Inc acquired Bubbles Baking Co, a Van Nuys-based manufacturer of gourmet homemade quality cakes.
StaCyc Inc Harley-Davidson Inc Harley-Davidson Inc acquired StaCyc Inc, a Temecula-based electric-motored bicycles manufacturer.
Heat Transfer Sales Of Carolinas Inc Hoffman & Hoffman Inc Hoffman & Hoffman Inc acquired Heat Transfer Sales of Carolinas Inc, a Greensboro-based provider of mechanical equipment and solutions.
Integrated Risk Solutions Inc Hub International Ltd Hellman & Friedman LLC's unit Hub International Ltd acquired Integrated Risk Solutions Inc, a Waukesha-based commercial insurance and employee benefits agency.
Miller Chemical & Fertilizer LLC Huber Engineered Materials JM Huber Corp's unit Huber Engineered Materials acquired Miller Chemical & Fertilizer LLC, a Hanover-based agricultural chemicals manufacturer, from Dunes Point Capital LLC, ultimately owned by White Group Holdings LLC.
The Osborne Co of North Carolina Inc Kirkland Inc Kirkland Inc plans to merge with The Osborne Co of North Carolina Inc, an Eden-based housing constructor.
Niles Media Group Inc Ltn Global Communications Inc LTN Global Communications Inc acquired Niles Media Group Inc, a Pleasant Valley-based media production services provider.
Employee Benefits Group Inc Marsh & McLennan Agency LLC Marsh Inc's unit Marsh & McLennan Agency LLC acquired Employee Benefits Group Inc, a Bethesda-based provider of employee benefit brokerage and consulting firm services.
WhiteHat Security Inc NTT Security Corp Nippon Telegraph & Telephone Corp's unit NTT Security Corp of Japan definitively agreed to acquire WhiteHat Security Inc, a San Jose-based software publisher.
Integrated Legacy Solutions Nxtsoft LLC Nxtsoft LLC acquired Integrated Legacy Solutions, a Springville-based provider of custom computer programming services.
Ac Packaging Inc Orcon Industries Corp Orcon Industries Corp acquired AC Packaging Inc, a Rochester-based provider of packaging and labeling services.
Lake Pines Hospital Perimeter Healthcare LLC Perimeter Healthcare LLC acquired Lake Pines Hospital, a 36-bed behavioral healthcare facility in Kenner.
PF Chang's China Bistro Inc PF Chang's China Bistro Inc SPV PF Chang's China Bistro Inc SPV, jointly owned by Paulson & Co Inc and TriArtisan Capital Advisors LLC, acquired PF Chang's China Bistro Inc, a Scottsdale-based full-service restaurant operator, from Centerbridge Partners LP for around $700 millionvia a leveraged buyout transaction. Originally, in June 2018, Centrerbridge announced that it was seeking a buyer for PF Chang's unit, with TriArtisan Capital and Paulson named as potential bidders.
Summit Apartment Homes Shippy Property Management Shippy Property Management acquired the 284-unit Summit Apartment Homes in San Antonio for around $20.1 mil.
Credit Infonet Inc Stretto Stretto, a unit of Stone Point Capital LLC, acquired Credit Infonet Inc, a Dayton-based provider of credit intermediation services.
Ada Solutions Inc Surewerx The Riverside Co's unit Surewerx of Canada acquired Ada Solutions Inc, a Wilmington-based provider of ground passenger transportation services.
Downey Care Center The Ensign Group Inc The Ensign Group Inc acquired Downey Care Center, a 99-bed skilled nursing facility in Downey, California.
Island Information Technology Consultants Inc Tyto Athene LLC Tyto Athene LLC acquired Island Information Technology Consultants Inc, a Chester-based provider of information and communications technology support services.
Bankers Trust Co-Corporate Trust Business UMB Bank NA,Kansas City,Missouri UMB Financial Corp's unit UMB Bank NA agreed to acquire the corporate trust business of Bankers Trust Co, a Des Moines-based fiduciary services provider.
Aptare Inc Veritas Technologies LLC The Carlyle Group LP's unit Veritas Technologies LLC acquired Aptare Inc, a Campbell-based software publisher.
Protectwise Inc Verizon Communications Inc Verizon Communications Inc acquired Protectwise Inc, a Denver-based provider of the cloud enterprise security platform.
MarketStar Corp Wasatch Group Wasatch Group acquired MarketStar Corp, an Ogden-based provider of advertising related services, from DAS Group Inc, ultimately owned by Omnicom Group Inc.
US M&A Deals Announced March 1 to 7, 2019
Source: Refinitiv, formerly Thomson Reuters' Financial & Risk business.
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