TargetAcquirerValue ($millions)Synopsis
Genesee & Wyoming IncInvestor Group8400.0An 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 LLCPerformance Food Group Co2000.0Performance 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 LLCUGI Energy Services LLC1275.0UGI 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 CorpAXA Real Estate Investment Managers SA852.2AXA 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 IncSynthomer plc455.3Synthomer 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 CoCascades Inc207.0Cascades 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,CaliforniaJones Lang LaSalle Income Property Trust Inc90.0Jones 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 BusinessVarian Medical Systems Inc90.0Varian 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 & LeaseEagle Natural Resources LLC75.0Eagle 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 IncACNB Corp57.6ACNB 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 IncJohn Wiley & Sons Inc56.0John 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 IncTa Partners Apartment Fund III LLC27.0Ta 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 IncAstronics Corp22.0Astronics 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 CorpReason Capital Group LLC5.0Reason 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 IncHong Kong Tigermed Co Ltd3.5Hong 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 IncA&R Logistics IncA&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 GlobalAgcertain Industries IncAgcertain Industries Inc acquired Kemx Global, manufacturer of nitrogenous fertilizers.
Bureau Veritas North AmericaApex Cos LLCApex 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 LLCA-Tek IncA-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 LLCBeecken Petty O’Keefe & CoBeecken 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 CorpBroadcom IncBroadcom 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 IncCarestream Health IncCarestream 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,OhioCedar Fair LPCedar Fair LP acquired Sawmill Creek Resort, a Huron-based hotel operator. Terms were not disclosed.
LinkSPINE IncCelling SpineCelling 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 IncCimarron Energy IncCimarron 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 HeartCitizens State Bank of Clara CityCitizens 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 BusinessDdw The Color HouseDdw 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 PortfolioDuke Energy CorpDuke 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 TransportationEmployee Stock Ownership PlanBCP Transportation ESOP acquired BCP Transportation, a Deerfield-based provider of local freight trucking services.
Conti CorpENGIE North America IncENGIE 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 IncEpicor Software CorpEpicor 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 ShipperFreightWaves IncFreightWaves Inc acquired American Shipper, a Jacksonville-based newspaper publisher.
Custom Choice Door LLCHomewood Holdings LLCHomewood 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 LLCHooters of America LLC SPVHooters 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 IncIdeal Clamp Products IncIdeal 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 IncImageFIRST Healthcare Laundry SpecialistsImageFIRST 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 DivisionInterCool USA LLCInterCool 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,PAInvestor GroupAn investor group, comprised of Oakhurst Advisors LLC and Gehr Hospitality acquired Hyatt Place, a King of Prussia-based hotel operator.
GeezeoJack Henry & Associates IncJack Henry & Associates Inc acquired Geezeo, a Framingham-based software publisher.
Kirkwood Bancorporation of Nevada IncJBNV Holding CorpJBNV Holding Corp acquired Kirkwood Bancorporation of Nevada Inc, a Bismarck-based commercial bank.
Nelipak CorpKohlberg & Co LLCKohlberg & Co LLC acquired Nelipak Corp, a Cranston-based manufacturer of plastics packaging films and sheets, from Mason Wells Inc, in a leveraged buyout transaction.
ReachForceLeadspace IncLeadspace Inc acquired ReachForce, an Austin-based software publisher.
American Insurance Marketing Services IncLTC Global IncLTC Global Inc acquired American Insurance Marketing Services Inc, a Montgomery-based advertising agency.
John D Dovich & Associates LLCMai Wealth AdvisorsMai 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 LLCMarket DragonMarket 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 IncNCR CorpNCR Corp acquired D3 Technology Inc, an Omaha-based provider of data driven digital banking services.
Optima Healthcare Solutions LLCNet Health Systems IncNet 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 IncNV5 Global IncNV5 Global Inc acquired Geodesign Inc, a Wilsonville-based provider of engineering services.
Bluefield Regional Medical CenterPrinceton Community HospitalPrinceton Community Hospital definitively agreed to acquire Bluefield Regional MedicalCenter, a Bluefield-based hospital operator.
OpenTempo IncQgenda IncQgenda Inc acquired OpenTempo Inc, a South Burlington-based computer and computer peripheral equipment and software merchant wholesaler.
Sunray Technology Ventures IncSingle Digits IncSingle 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 IncSullair CorpSullair Corp, a unit of Hamilton Sundstrand Corp SPV, acquired Air Industrial Resource Inc, a Kansas City-based manufacturer of air and gas compressors.
Solomon CorpSunbelt Transformer LtdSunbelt 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 LPSymphony Performance Health IncSymphony 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 OperationsTexas Pipe & Supply Co LtdTexas 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 IncThyssenKrupp AGThyssenKrupp AG of Germany acquired O’keefe Elevator Co Inc, an Omaha-based industrial machinery and equipment merchant wholesaler.
O’keefe Elevator Co IncThyssenKrupp Elevator AGThyssenKrupp 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 LLCTPG Growth LLCTPG 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 AssetsTrueCar IncTrueCar Inc, a unit of Peppy Capital-25 LP, acquired car pricing assets of Priceflow Inc, provider of data processing and hosting services.
Sanford Health-MeritCareUnitypoint HealthUnitypoint Health signed Letter of Intent {LoI} to merge with Sanford Health- MeritCare, a Sioux Falls-based blood and organ bank.
Verifi IncVisa IncVisa Inc definitively agreed to acquire Verifi Inc, a Los Angeles-based provider of chargeback dispute management solutions.
Tubal-Cain Holdings LLC-Cleaning & repair divisionVLS Recovery Services LLCVLS 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 LLCWest Shore Home IncWest Shore Home Inc acquired America’s Window LLC, a Charlestown-based window, bath and siding company.
OMNNI Associates IncWestwood Professional Services IncWestwood Professional Services Inc acquired OMNNI Associates Inc, an Appleton-based provider of engineering services.
SMK Workforce Solutions LLCWorkforce Insight LLCWorkforce Insight LLC acquired SMK Workforce Solutions LLC, a Westfield-based provider of human resources and executive search consulting services.
Benchmark Management Group IncWorldwide Facilities LLCWorldwide Facilities LLC acquired Benchmark Management Group Inc, a Kansas City-based insurance agency.
JFE Franchising IncYo! Sushi LtdYo! 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