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Target | Acquirer | Value ($millions) | Synopsis |
Auris Health Inc | Ethicon Inc | 5,750.0 | Johnson & Johnson's unit Ethicon Inc definitively agreed to acquire Auris Health Inc, a Redwood City-based manufacturer of navigational, measuring, electromedical and control instruments, for about $5.75 billion. The consideration will consist of an estimated $3.4 billion in cash and up to $2.35 billion in profit-related payments. Originally, in January 2019, Johnson was rumored to be planning to acquire Auris. |
Ellie Mae Inc | Thoma Bravo LLC | 3,540.7 | Thoma Bravo LLC definitively agreed to acquire the entire share capital of Ellie Mae Inc, a Pleasanton-based developer of mortgage management software, for $99 in cash per share or a total of $3.541 billion via a leveraged buyout transaction. Originally, in February 2019, Ellie is rumored to be seeking a buyer for the company. |
Coty Inc | JAB Cosmetics BV | 1,747.5 | JAB Holdings BV's unit JAB Cosmetics BV of Netherlands launched a tender offer to raise its interest from 40.054% to 60.021% in Coty Inc, a New York-manufacturer and wholesaler of perfumes, color cosmetics, toiletries and skin and sun care. The transaction will be achieved by acquiring a 19.967% stake in Coty or 150 million class A common shares for $11.65 in cash per share or a total of $1.748 billion via an unsolicited offer. The offer is conditional upon at least 50 million shares of Coty being tendered. |
Livent Corp | Shareholders | 1,558.5 | FMC Corp plans to spinoff its remaining 84.25% stake or 123.005 million common shares in Livent Corp, a Philadelphia-based wholesaler of chemical and allied products, to its shareholders for $1.558 billion. FMC will receive 0.931 common share of Livent for every FMC share held. The shares were valued on a when-issued basis based on Livent's closing stock price of $12.67 on 8 February 2019, the last full trading day. |
Accudyne Industries LLC-Precision Flow Systems Management Business | Ingersoll-Rand PLC | 1,450.0 | Ingersoll-Rand PLC of Republic of Ireland definitively agreed to acquire the precision flow systems management business of Accudyne Industries LLC, a Dallas-based automatic environmental controls manufacturer jointly owned by BC Partners LLP and The Carlyle Group LP, for about $1.45 billion in cash. Originally, in September 2018, Carlyle and BC was rumored to be seeking a buyer for its Accudyne unit. |
Sempra Renewables LLC | American Electric Power Co Inc | 1,056.0 | American Electric Power Co Inc agreed to acquire Sempra Renewables LLC, a San Diego-based provider of renewable energy services, from Sempra Energy Inc for about $1.056 billion. The consideration would consist of $551 million in cash and the assumption of $505 million in liabilities. The transaction will include 724 megawatts of operating wind generation and battery assets. |
Nexeo Solutions Inc-Plastics Distribution Business | One Rock Capital Partners LLC | 640.0 | One Rock Capital Partners LLC definitively agreed to acquire the plastics distribution business of Nexeo Solutions Inc, a wholesaler of chemical and plastic products in The Woodlands, for about $640 million in cash via a leveraged buyout transaction. The transaction is contingent upon the completion of Univar Inc's acquisition of Nexeo. |
Endeavor Robotics Inc | FLIR Systems Inc | 385.0 | FLIR Systems Inc agreed to acquire Endeavor Robotics Inc, a Chelmsford-based manufacturer of rolling mill machinery and equipment, from Arlington Capital Partners LP for $385 mil. |
Undisclosed Multifamily Properties(8) | Investcorp Bank BSC | 330.0 | Investcorp Bank BSC of Bahrain acquired 8 new multifamily properties. The portfolio includes 2,510 units for $330 million in cash via a leveraged buyout transaction. |
Idology Inc | GB Group PLC | 300.0 | GB Group PLC of the UK agreed to acquire the entire share capital of Idology Inc, an Atlanta-based provider of computer systems design services, for $300 million in cash. |
Global Water Services Holding Co Inc | Kurita America Holdings Inc | 270.0 | Kurita Water Industries Ltd's unit Kurita America Holdings Inc agreed to acquire the entire share capital of Global Water Services Holding Co Inc, a water supply system operator, from ALLETE Inc for $270 mil. |
Ushr Inc | Dynamic Map Planning Co Ltd | 200.0 | Dynamic Map Planning Co Ltd of Japan definitively agreed to acquire Ushr Inc, a Livonia-based software publisher, for about $200 mil. |
Invisible Sentinel Inc | bioMerieux SA | 75.0 | Biomerieux SA of France acquired Invisible Sentinel Inc, a Philadelphia-based medical laboratory operator, for $75 mil. |
Dataceutics Inc | Take Solutions Ltd | 45.1 | Take Solutions Ltd of India plans to acquire Dataceutics Inc, a Boyertown-based provider of custom computer programming services, for $45.086 mil. |
Ivy Quorum Property LLC-Undisclosed Warehouse Property,West Palm Beach,Florida | BPREP Deerfield Park LLC | 36.3 | Brookfield Property Group LLC's unit BPREP Deerfield Park LLC acquired the warehouse property of Ivy Quorum Property LLC, a Montvale-based lessor of real estate property ultimately owned by Ivy Realty, for $36.3 mil. |
Undisclosed Industrial Building,Moorestown,NJ | Gladstone Commercial Corp | 2.7 | Gladstone Commercial Corp acquired an industrial building in Moorestown for $2.7 mil. |
Marcon International (USA) Inc | GRX Industries Inc | 0.7 | GRX Industries Inc acquired a 51% stake in Marcon International (USA) Inc, a Washington DC-based industrial wholesaler of machinery and equipment, from IntellaEquity Inc for an assumption of $0.738 million in liabilities. |
LifeShield LLC | ADT Inc | | ADT Inc acquired LifeShield LLC, a Hallandale-based provider of security systems services, from Guard Dog LLC, ultimately owned by Guard Dog Inc. |
Eero Inc | Amazon.Com Inc | | Amazon.Com Inc definitively agreed to merge with Eero Inc, a San Francisco-based wireless telecommunications carrier. |
Cox Enterprises Inc-Tv Stations | Apollo Global Management LLC | | BRH Holdings GP Ltd's unit Apollo Global Management LLC is rumored to be planning to acquire the TV stations of Cox Enterprises Inc, an Atlanta-based newspaper publisher, via a leveraged buyout transaction for around $3 bil. |
Northwest Broadcasting LP-TV Stations | Apollo Global Management LLC | | BRH Holdings GP Ltd's unit Apollo Global Management LLC is rumored to be planning to acquire the TV stations of Northwest Broadcasting LP, a Boston-based television broadcaster, via a leveraged buyout transaction. |
Wingnut Advertising Inc | Augeo Affinity Marketing Inc | | Augeo Affinity Marketing Inc acquired Wingnut Advertising Inc, a Minneapolis-based advertising agency. |
Ooyala Inc-Online Video Platform Business | Brightcove Inc | | Brightcove Inc definitively agreed to acquire the online video platform business of Ooyala Inc, a Boston-based provider of data processing and hosting services. |
South Marsh Island Production & Lease Block,Maryland | Byron Energy Ltd | | Byron Energy Ltd of Australia acquired South Marsh Island Production & Lease Block, a natural gas liquid producer. |
Bc2 Environmental Corp | CVF Capital Partners Inc | | Gael Partners LLC's unit CVF Capital Partners Inc acquired BC2 Environmental Corp, an Orange-based provider of oil and gas drilling services, via a leveraged buyout transaction from BEKS Acquisition Inc, jointly owned by Bison Capital Equity Partners II-A LP and Bison Capital Equity Partners II-B LP. |
Fenris Iv Inc | Dark Cubed | | Dark Cubed acquired Fenris IV Inc, a Charlottesville-based cyber security company focused on delivering cyber security services to highly regulated small and midsize businesses. |
Highway Express Trailer Repair Co | Dickinson Fleet Services LLC | | Ridgemont Partners Management LLC's unit Dickinson Fleet Services LLC acquired Highway Express Trailer Repair Co, a Chicago-based provider of semi-trailer repair services. |
Kodiak Gas Services LLC | EQT Infrastructure III Fund | | EQT Infrastructure BV's unit EQT Infrastructure III Fund of Netherlands acquired Kodiak Gas Services LLC, a Montgomery-based provider of contract compression services, from The Stephens Group LLC via a leveraged buyout transaction. |
American Trust Retirement | First Mercantile Trust Co | | Mid Atlantic Capital Group Inc's unit First Mercantile Trust Co definitively agreed to acquire American Trust Retirement, a Dubuque-based retirement solutions provider, from American Trust & Savings Bank. |
Lieberman Management Services Inc | Firstservice Residential Management Inc | | FirstService Corp's unit Firstservice Residential Management Inc acquired Lieberman Management Services Inc, an Elk Grove Village-based residential property manager. |
Qualcomm Life Inc | Francisco Partners LP | | Francisco Partners LP acquired Qualcomm Life Inc, a San Diego-based software publisher, from Qualcomm Inc via a leveraged buyout transaction. |
Revature LLC | Investcorp Bank BSC | | Investcorp Bank BSC of Bahrain acquired a majority interest in Revature LLC, a Reston-based provider of talent development services, via a leveraged buyout transaction. |
Abercrombie & Kent Group of Cos | Investor Group | | An investor group, comprising Heritage Group SA (85%) and Geoffrey Kent (15%), agreed to acquire the entire share capital of Abercrombie & Kent Group of Cos, an Oak Brook-based tour operator, from Neo Dynasty Ltd, owned by Ocean Sound Enterprises Ltd. |
Axis New York | Motion Industries Inc | | Genuine Parts Co's unit Motion Industries Inc definitively agreed to acquire Axis New York, a Rochester-based provider of computer systems design services. Concurrently, Motion definitively agreed to acquire Axis New England. |
Axis New England | Motion Industries Inc | | Genuine Parts Co's unit Motion Industries Inc definitively agreed to acquire Axis New England, a Danvers-based provider of computer systems design services. Concurrently, Motion definitively agreed to acquire Axis New York. |
Filter & Coating Technology Inc | Ohio Transmission Corp | | Irving Place Capital Management LP's unit Ohio Transmission Corp acquired Filter & Coating Technology Inc, a Belmont-based wholesaler of finishing, dispense solutions, and filtration products. |
Lumedic Inc | Providence St Joseph Health | | Providence St. Joseph Health acquired Lumedic Inc, a Seattle-based provider of management consulting services. |
Legacy Heights Luxury Apartment Homes | Regional Investment & Management LLC | | Regional Investment & Management LLC acquired the 306-unit Legacy Heights Luxury Apartment Homes in Federal Heights from Cottonwood Residential Inc. Originally, in February 2019, RIM is rumored to be planning to acquire Legacy. |
NuVasive Inc | Smith & Nephew PLC | | Smith & Nephew PLC of the UK is rumored to be planning to acquire the entire share capital of NuVasive Inc, a San Diego-based medical instruments manufacturer, for around $3 bil. |
DEX Imaging Inc | Staples Inc | | Sycamore Partners LLC's unit Staples Inc definitively agreed to acquire DEX Imaging Inc, a Tampa-based wholesaler of computer and computer peripheral equipment and software. |
Onapproach LLC | Trellance | | Trellance acquired Onapproach LLC, a Minneapolis-based provider of computer systems design services. |
Khrysos Industries Inc | Youngevity International Inc | | Youngevity International Inc agreed to acquire Khrysos Industries Inc, a Mascotte-based wholesaler of professional equipment and supplies. |
US M&A Deals Announced February 8 to 14, 2019 | | | |
Source: Refinitiv, formerly Thomson Reuters' Financial & Risk business. | | | |