Weekly wrap: Brookfield, Kohlberg, Performance Food

railroad
An eastbound Norfolk Southern Corp. unit coal train passes through Waddy, Kentucky, U.S., on Friday, Oct. 16, 2015. Norfolk Southern is scheduled to release quarterly earnings results on October 28. Photographer: Luke Sharrett/

Target Acquirer Value ($millions) Synopsis
Genesee & Wyoming Inc Investor Group 8400.0 An investor group, comprised of Brookfield Infrastructure Partners LP and GIC Pte Ltd, a unit of the Singaporean state-owned Singapore and definitively agreed to acquire the entire share capital of Genesee & Wyoming Inc (G&W), a Darien-based railroad operator, for an estimated $112 in cash per share, or a total value of $8.4 bil, including the assumption of $1.991 billion. in liabilities. Originally in March 2019, G&W was rumored to be seeking a buyer for the company.
Reinhart FoodService LLC Performance Food Group Co 2000.0 Performance Food Group Co, a unit of Blackstone Group LP, agreed to acquire Reinhart FoodService LLC, a Rosemont-based line grocery merchant wholesaler, from Reyes Holdings LLC, for $2 billion. in cash.
Columbia Midstream Group LLC UGI Energy Services LLC 1275.0 UGI Energy Services LLC, a unit of UGI Corp, definitively agreed to acquire the entire share capital of Columbia Midstream Group LLC, a Houston-based producer of crude petroleum and natural gas, from TC Energy Corp, for an estimated $1.275 bil.
NorthStar Realty Europe Corp AXA Real Estate Investment Managers SA 852.2 AXA Real Estate Investment Managers SA of France, a unit of AXA Investment Managers SA, definitively agreed to merge with NorthStar Realty Europe Corp (NorthStar), a New York City-based real estate investment trust, for an estimated $16.938 in cash per share, or a total $852. 207 million. Originally, in November 2018, NorthStar announced that it was seeking a buyer for the entire share capital of the company.
OMNOVA Solutions Inc Synthomer plc 455.3 Synthomer plc of the UK definitively agreed to merge with OMNOVA Solutions Inc, a Beachwood-based manufacturer and wholesaler of emulsion polymers, specialty chemicals and engineered surfaces, for $10.15 in cash per share, or a total 455.257 mil.
Orchids Paper Products Co Cascades Inc 207.0 Cascades Inc of Canada planned to acquire the entire share capital of Orchids Paper Products Co, a Pryor-based manufacturer of sanitary paper products, for $207 mil.
Genesee Plaza,San Diego,California Jones Lang LaSalle Income Property Trust Inc 90.0 Jones Lang LaSalle Income Property Trust Inc acquired Genesee Plaza, a San Diego-based lessor of nonresidential buildings, for an estimated $90 mil.
Boston Scientific Corp-Certain Embolic Microsphere Business Varian Medical Systems Inc 90.0 Varian Medical Systems Inc agreed to acquire certain embolic microsphere business of Boston Scientific Corp, a Marlborough-based manufacturer of medical instruments, for a total $90 mil.
Mosman Oil & Gas Ltd-Strawn Production Facilities & Lease Eagle Natural Resources LLC 75.0 Eagle Natural Resources LLC acquired a 50% ownership interest in strawn production facilities & lease of Mosman Oil & Gas Ltd, a Sydney-based producer of crude petroleum and natural gas, for a total $75 mil.
Frederick County Bancorp Inc ACNB Corp 57.6 ACNB Corp (ACNB) definitively agreed to merge with Frederick County Bancorp Inc (FCB), a Frederick-based commercial bank, for a total $57.634 mil, in a stock swap transaction. ACNB offered 0.99 common shares per FCB's common share. Based on ACNB's closing stock price of $38.59 on 1 July 2019, the last full trading day prior to the announcement, each FCB share was valued at $38.204.
Zyante Inc John Wiley & Sons Inc 56.0 John Wiley & Sons Inc acquired Zyante Inc, a Los Gatos-based provider of educational support services, for a total $56 million in cash.
Sophie USA Holdings Inc Ta Partners Apartment Fund III LLC 27.0 Ta Partners Apartment Fund III LLC planned to acquire Sophie USA Holdings Inc, a Los Angeles-based theme park operator, from DreamEast Group Ltd, owned by SkyOcean Investment Holdings Ltd, for a total $27 mil.
Freedom Communication Technologies Inc Astronics Corp 22.0 Astronics Corp acquired the entire share capital of Freedom Communication Technologies Inc, a Kilgore-based manufacturer of communication test equipment, for $22 million in cash.
Bematech International Corp Reason Capital Group LLC 5.0 Reason Capital Group LLC agreed to acquire the entire share capital of Bematech International Corp, a Bethpage-based manufacturer and wholesaler of computer peripheral equipment, from Bematech SA, owned by Makira II Empreendimentos e Participacoes SA, for an estimated $5 mil, in a leveraged buyout transaction.
Tigermed-BDM Inc Hong Kong Tigermed Co Ltd 3.5 Hong Kong Tigermed Co Ltd of Hong Kong, a unit of Hangzhou Tigermed Consulting Co Ltd, planned to acquire the remaining 45% stake, which it did not already own, in Tigermed-BDM Inc, provider of data processing and hosting services, from Frontage Laboratories Inc, a unit of Frontage Holdings Corp, ultimately owned by Hangzhou Tigermed Consulting Co Ltd, for a total $3.496 mil, in an internal reorganization. The consideration was prorated at 48.55% based on 23.153% stake owned by Hangzhou Tigermed Consulting Co Ltd in Tigermed- BDM Inc.
Bwp Transport Inc A&R Logistics Inc A&R Logistics Inc, a unit of Wind Point Partners LLC, acquired Bwp Transport Inc, a Saint Clair-based provider of local freight trucking services.
Kemx Global Agcertain Industries Inc Agcertain Industries Inc acquired Kemx Global, manufacturer of nitrogenous fertilizers.
Bureau Veritas North America Apex Cos LLC Apex Cos LLC, a unit of Sentinel Capital Partners LLC, acquired Bureau Veritas North America, a Houston-based provider of business support services, from Bureau Veritas SA.
Mackson Consulting LLC A-Tek Inc A-Tek Inc, jointly owned by Fi Holdings Inc and CM Equity Management LP, acquired Mackson Consulting LLC, a Reston-based provider of information technology services.
ClareMedica Health Partners LLC Beecken Petty O'Keefe & Co Beecken Petty O'Keefe & Co, a unit of Paragon Medical Inc, acquired an undisclosed majority interest in ClareMedica Health Partners LLC, a South Miami-based provider of home health care services, in a leveraged buyout transaction. Terms were not disclosed.
Symantec Corp Broadcom Inc Broadcom Inc was rumored to be planning to acquire the remaining stake, which it did not already own, in Symantec Corp, a Mountain View-based software publisher.
Christie Medical Holdings Inc Carestream Health Inc Carestream Health Inc, a unit of Onex Healthcare Holdings Inc, acquired Christie Medical Holdings Inc, a Memphis-based manufacturer of navigational, measuring, electromedical and control Instruments.
Sawmill Creek Resort,Huron,Ohio Cedar Fair LP Cedar Fair LP acquired Sawmill Creek Resort, a Huron-based hotel operator. Terms were not disclosed.
LinkSPINE Inc Celling Spine Celling Spine, a unit of Celling Biosciences LLC, acquired LinkSPINE Inc, a Columbia-based manufacturer of surgical appliance and supplies, from Waldemar LINK GmbH & Co KG.
Hy-Bon Engineering Co Inc Cimarron Energy Inc Cimarron Energy Inc, a unit of Turnbridge Capital LLC, acquired Hy-Bon Engineering Co Inc, a Midland-based manufacturer of air and gas compressors, from Regal Beloit Corp.
Farmers & Merchants State Bank of Sacred Heart Citizens State Bank of Clara City Citizens State Bank of Clara City planned to acquire Farmers & Merchants State Bank of Sacred Heart, a Sacred Heart-based commercial bank. Terms were not disclosed.
Dupont-Natural Colors Business Ddw The Color House Ddw The Color House acquired Dupont-Natural Colors Business, a Delaware City-based provider of ambulatory health care services, from DuPont Nutrition & Health, owned by EI du Pont de Nemours & Co {DuPont}.
Bloom Energy Corp-Fuel Cell Technology Projects Portfolio Duke Energy Corp Duke Energy Corp planned to acquire fuel cell technology projects portfolio of Bloom Energy Corp, a San Jose-based manufacturer of power, distribution and specialty transformers.
BCP Transportation Employee Stock Ownership Plan BCP Transportation ESOP acquired BCP Transportation, a Deerfield-based provider of local freight trucking services.
Conti Corp ENGIE North America Inc ENGIE North America Inc agreed to acquire Conti Corp, a Sterling Heights-based provider of electrical contracting services. The transaction was to include Indicon Corp, Ion Electric LLC and McGilvray Mechanical LLC. Terms were not disclosed.
Majure Data Inc Epicor Software Corp Epicor Software Corp, a unit of KKR & Co LP, acquired Majure Data Inc, an Alpharetta-based computer and computer peripheral equipment and software merchant wholesaler. Terms were not disclosed.
American Shipper FreightWaves Inc FreightWaves Inc acquired American Shipper, a Jacksonville-based newspaper publisher.
Custom Choice Door LLC Homewood Holdings LLC Homewood Holdings LLC, a unit of Building Industry Partners LLC, acquired Custom Choice Door LLC, a Lakewood-based manufacturer of wood windows and doors.
Hooters of America LLC Hooters of America LLC SPV Hooters of America LLC SPV, a special acquisition vehicle formed by TriArtisan Capital Advisors LLC and Nord Bay Capital LLC, acquired an undisclosed majority interest in Hooters of America LLC, an Atlanta-based owner and operator of restaurant, from Chanticleer Holdings Inc and HIG Capital LLC, in a leveraged buyout transaction. Financial terms of the deal were not disclosed.
ZSI-Foster Inc Ideal Clamp Products Inc Ideal Clamp Products Inc, a unit of Snow Phipps Group LLC, acquired ZSI-Foster Inc, a Canton-based manufacturer and wholesaler of cushioned clamping, quick coupling and support systems, from Pfingsten Partners LLC. Terms of the transaction were not disclosed.
Faultless Laundry Co Inc ImageFIRST Healthcare Laundry Specialists ImageFIRST Healthcare Laundry Specialists, a unit of Calera Capital Management Inc, acquired Faultless Laundry Co Inc, a St. Louis-based linen supplier.
Freije-RSC Engineering Solutions Co-Industrial Refrigeration Division InterCool USA LLC InterCool USA LLC acquired industrial refrigeration division of Freije-RSC Engineering Solutions Co, a Fishers-based national specialty engineering, service and installation services firm.
Hyatt Place,King of Prussia,PA Investor Group An investor group, comprised of Oakhurst Advisors LLC and Gehr Hospitality acquired Hyatt Place, a King of Prussia-based hotel operator.
Geezeo Jack Henry & Associates Inc Jack Henry & Associates Inc acquired Geezeo, a Framingham-based software publisher.
Kirkwood Bancorporation of Nevada Inc JBNV Holding Corp JBNV Holding Corp acquired Kirkwood Bancorporation of Nevada Inc, a Bismarck-based commercial bank.
Nelipak Corp Kohlberg & Co LLC Kohlberg & Co LLC acquired Nelipak Corp, a Cranston-based manufacturer of plastics packaging films and sheets, from Mason Wells Inc, in a leveraged buyout transaction.
ReachForce Leadspace Inc Leadspace Inc acquired ReachForce, an Austin-based software publisher.
American Insurance Marketing Services Inc LTC Global Inc LTC Global Inc acquired American Insurance Marketing Services Inc, a Montgomery-based advertising agency.
John D Dovich & Associates LLC Mai Wealth Advisors Mai Wealth Advisors, a unit of BC Investment Partners LLC, acquired the remaining stake, which it did not already own, in John D Dovich & Associates LLC, a Cincinnati-based investment advisor.
Bash LLC Market Dragon Market Dragon (MD) of Hong Kong, a unit of Wai Chun Mining Industry Group Co Ltd, agreed to acquire the entire share capital of Bash LLC (Bash), wholesaler and retailer of skin care products, anti-aging and health care products. Upon completion, MD and Bash were to own 70% and 30% in the merged entity, respectively.
D3 Technology Inc NCR Corp NCR Corp acquired D3 Technology Inc, an Omaha-based provider of data driven digital banking services.
Optima Healthcare Solutions LLC Net Health Systems Inc Net Health Systems Inc, jointly owned by The Carlyle Group LP and Level Equity Management LLC, planned to acquire Optima Healthcare Solutions LLC, a Palm City-based developer of electronic medical record software, from Alpine Investors LP. Financial details of the transaction were not disclosed.
Geodesign Inc NV5 Global Inc NV5 Global Inc acquired Geodesign Inc, a Wilsonville-based provider of engineering services.
Bluefield Regional Medical Center Princeton Community Hospital Princeton Community Hospital definitively agreed to acquire Bluefield Regional MedicalCenter, a Bluefield-based hospital operator.
OpenTempo Inc Qgenda Inc Qgenda Inc acquired OpenTempo Inc, a South Burlington-based computer and computer peripheral equipment and software merchant wholesaler.
Sunray Technology Ventures Inc Single Digits Inc Single Digits Inc, a unit of GI Partners LLP, acquired Sunray Technology Ventures Inc, a Carlsbad-based provider of computer systems design services.
Air Industrial Resource Inc Sullair Corp Sullair Corp, a unit of Hamilton Sundstrand Corp SPV, acquired Air Industrial Resource Inc, a Kansas City-based manufacturer of air and gas compressors.
Solomon Corp Sunbelt Transformer Ltd Sunbelt Transformer Ltd, a unit of Trilantic Capital Management LP, merged with Solomon Corp, a Solomon-based manufacturer of power, distribution and specialty transformers.
Decision Support Systems LP Symphony Performance Health Inc Symphony Performance Health Inc acquired Decision Support Systems LP, a Fort Worth-based provider of marketing research and opinion polling services. Terms were not disclosed.
FloWorks International LLC-MultAlloy,J&J Alloy & J&J Bar Operations Texas Pipe & Supply Co Ltd Texas Pipe & Supply Co Ltd acquired the Multalloy, J&J Alloy & J&J Bar Operations of FloWorks International LLC, a Houston-based industrial supplies merchant wholesaler. Terms were not disclosed.
O'keefe Elevator Co Inc ThyssenKrupp AG ThyssenKrupp AG of Germany acquired O'keefe Elevator Co Inc, an Omaha-based industrial machinery and equipment merchant wholesaler.
O'keefe Elevator Co Inc ThyssenKrupp Elevator AG ThyssenKrupp Elevator AG of Germany, a unit of ThyssenKrupp AG, acquired O'keefe Elevator Co Inc, an Omaha-based industrial machinery and equipment merchant wholesaler.
AGT Crunch Acquisition LLC TPG Growth LLC TPG Growth LLC, a unit of TPG Capital LP, planned to acquire Crunch Fitness, a New York-based golf course and country club operator, in a leveraged buyout transaction. Terms were not disclosed.
Priceflow Inc-Car Pricing Assets TrueCar Inc TrueCar Inc, a unit of Peppy Capital-25 LP, acquired car pricing assets of Priceflow Inc, provider of data processing and hosting services.
Sanford Health-MeritCare Unitypoint Health Unitypoint Health signed Letter of Intent {LoI} to merge with Sanford Health- MeritCare, a Sioux Falls-based blood and organ bank.
Verifi Inc Visa Inc Visa Inc definitively agreed to acquire Verifi Inc, a Los Angeles-based provider of chargeback dispute management solutions.
Tubal-Cain Holdings LLC-Cleaning & repair division VLS Recovery Services LLC VLS Recovery Services LLC, a unit of Aurora Capital Group, acquired cleaning & repair division of Tubal-Cain Holdings LLC, a Beaumont-based manufacturer of fabricated structural metal products. Terms were not disclosed.
America's Window LLC West Shore Home Inc West Shore Home Inc acquired America's Window LLC, a Charlestown-based window, bath and siding company.
OMNNI Associates Inc Westwood Professional Services Inc Westwood Professional Services Inc acquired OMNNI Associates Inc, an Appleton-based provider of engineering services.
SMK Workforce Solutions LLC Workforce Insight LLC Workforce Insight LLC acquired SMK Workforce Solutions LLC, a Westfield-based provider of human resources and executive search consulting services.
Benchmark Management Group Inc Worldwide Facilities LLC Worldwide Facilities LLC acquired Benchmark Management Group Inc, a Kansas City-based insurance agency.
JFE Franchising Inc Yo! Sushi Ltd Yo! Sushi Ltd of the UK, a unit of Mayfair Equity Partners LLP, agreed to merge with JFE Franchising Inc, a Houston-based full-service restaurant operator.
US M&A Deals Announced June 28 to July 04, 2019
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