TargetAcquirerValue ($millions)Synopsis
Coty-Prof Beauty BusKKR & Co Inc3,000.0KKR & Co Inc (KKR) signed a Memorandum of Understanding {MOU} to acquire a 60% ownership interest in Professional Beauty & Retail Hair businesses of Coty Inc (Coty), a New York City-based manufacturer and wholesaler of beauty products, owned by JAB Cosmetics BV, for an estimated $ 3 billion in cash, in a leveraged buyout transaction. Concurrently, KKR definitively agreed to acquire preferred shares convertible into undisclosed minority stake in Coty. Originally, in October 2019, Coty announced that it was seeking a buyer for its Professional Beauty Business & Associated Hair & Nail Brands. Henkel AG & Co KGaA, Unilever Plc, Colgate- Palmolive Company, Advent International, Blackstone Group Inc, and CVC Capital Partners and BC Partners were rumored as potential bidders.
Alacer Gold CorpSSR Mining Inc1,733.7SSR Mining Inc of Canada (SSR) definitively agreed to merge with Alacer Gold Corp (Alacer), an Englewood-based gold and mineral mining company, in a stock swap transaction valued at $ 1. 734 bil, via scheme of arrangement, via merger of equals. SSR offered 0.3246 common share per Alacer share. Based on SSR’s closing stock price of $ 18.118 on 8 May 2020, the last full trading day prior to the announcement, each Alacer share was valued at $ 5.881. Upon completion, SSR and Alacer shareholders were to own 57% interest and 43% stake in the merged entity, respectively.
Uniti Group Inc-Wireless TowerMelody Investment Advisors LP220.0Melody Investment Advisors LP acquired a 90% ownership interest in wireless tower business of Uniti Group Inc, a Little Rock-based lessor of real estate property, for an estimated $ 220 million in cash, in a leveraged buyout transaction.
Ten-X LLCCoStar Group Inc190.0CoStar Group Inc agreed to acquire Ten-X LLC, an Irvine-based provider of professional services, for a total $ 190 million in cash.
IDaptive LLCCyberArk Software Ltd70.0CyberArk Software Ltd of Israel acquired IDaptive LLC, a Santa Clara-based software publisher, for a total $ 70 mil.
Gold X Mining CorpGran Colombia Gold Corp69.9Gran Colombia Gold Corp of Canada (GCG) definitively agreed to merge with Gold X Mining Corp (Gold X), a Centennial-based gold ore mine operator, for a total $ 69.889 mil, in a stock swap transaction. Gold X shareholders are to receive 0. 5 GCG shares per Gold X share held. The shares were valued based on GCG’s closing stock price of CAD 6.34 (USD 4.55) on 08 May 2020, the last full trading day prior to the announcement. Concurrently, GCG planned to acquire the entire share capital of Guyana Goldfields Inc (Guyana) in an unsolicited stock swap transaction. Upon completion, GCG, Guyana, and Gold X are to own 60%, 25%, and 15%, respectively, of the combined entity.
REV Group Inc-Shuttle Bus busForest River Inc49.0Forest River Inc, a unit of Berkshire Hathaway Inc, acquired 2 shuttle bus businesses of REV Group Inc, a Milwaukee-based manufacturer of automobiles, for an estimated total of $ 49 mil.
Courtside Grp IncLiveXLive Media Inc18.1LiveXLive Media Inc definitively agreed to acquire the entire share capital of Courtside Group Inc, a Beverly Hills-based provider of data processing and hosting services, for a total $ 18.1 mil, in a stock swap transaction.
PodcastOneLiveXLive Media Inc18.1LiveXLive Media Inc planned to acquire PodcastOne, a Beverly Hills-based producer of records, from Courtside LLC, for a total $ 18.1 million in common stock.
Magnolia LNG LLCGlobal Energy Megatrend Ltd2.3Global Energy Megatrend Ltd of the UK agreed to acquire Magnolia LNG LLC, a Houston-based producer of natural gas liquid, from Liquefied Natural Gas Ltd, for a total $ 2.25 mil.
Raw Pharma-OperationRocky Mountain Productions Inc2.2Rocky Mountain Productions Inc, a unit of Rocky Mountain High Brands Inc (RMHB), agreed to acquire commercial bottling operation of Raw Pharma LLC, a Plano-based provider of packaging and labeling services, for a total $ 2.214 million. The consideration was to consists of $ 1.75 million in cash and $ .464 million in third party common shares. The shares were valued based on RMHB’s closing stock price of $ . 017 on 07 May 2020, the last full trading day prior to the announcement.
Wellness Clinic of Orange CtyChampignon Brands Inc1.7Champignon Brands Inc of Canada (Champignon) planned to acquire Wellness Clinic of Orange County Inc, a Laguna Beach-based owner an operator of ketamine infusion treatment center, for a total $ 1.661 million. The consideration was to consist of $ 0.6 mil, 1 million common shares valued at $ 0.707 million and up to $ 0.354 million in profit-related payments. The shares were valued based on Champignon’s closing stock price of $ 0.707 on 11 may 2020, the last full trading day prior to the announcement.
Better Harvest IncDeveron Uas Corp0.4Deveron UAS Corp of Canada, a unit of Greencastle Resources Ltd, acquired Better Harvest Inc, a Dumas-based provider of management consulting services, for a total $ 0.365 mil.
AMC Entertainment Holdings IncAmazon.com IncAmazon.com Inc was rumored to be planning to acquire the entire share capital of AMC Entertainment Holdings Inc, a Leawood-based motion picture theater operator, from Dalian Wanda Group Co Ltd, ultimately owned by Dalian Hexing Investment Co Ltd.
Sequential Tech Intl LLCAPC Holdings IncAPC Holdings Inc acquired an undisclosed majority interest in Sequential Technology International LLC, a Windermere-based provider wireless telecommunications services.
Halp IncAtlassian Pty LtdAtlassian Pty Ltd of Australia planned to acquire Halp Inc, a Boulder-based provider of conversational ticketing solution.
Cello-Wrap Printing Co IncCarroll Products IncCarroll Products Inc acquired Cello-Wrap Printing Co Inc, a Farmersville-based provider of commercial flexographic printing services.
Temple Associates IncCenterOak Partners LLCCenterOak Partners LLC acquired Temple Associates Inc, a Sacramento-based industrial supplies merchant wholesaler, in a leveraged buyout transaction.
Radio Systems CorpClayton Dubilier & Rice LLCClayton Dubilier & Rice LLC, a unit of Clayton Dubilier & Rice Holdings LP, agreed to acquire Radio Systems Corp, a Knoxville-based manufacturer and wholesaler of pet training products, in a leveraged buyout transaction. Terms of the transaction were not disclosed.
TimeTrade Systems IncClearhaven Partners LPClearhaven Partners LP acquired an undisclosed majority interest in TimeTrade Systems Inc, a Tewksbury-based software publisher, in a leveraged buyout transaction. Financial terms were not disclosed.
Utz Quality Foods LLCCollier Creek HoldingsCollier Creek Holdings was rumored to be planning to merge with Utz Quality Foods LLC, a Hanover-based manufacturer of snack products. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $ 1 bil.
TTF Aerospace IncComl Aircraft Interiors LlcCommercial Aircraft Interiors LLC acquired TTF Aerospace Inc, an Auburn-based manufacturer of aircrafts.
MoZen IncDriven Deliveries IncDriven Deliveries Inc agreed to acquire MoZen Inc, provider of professional and management development training services.
Equipment Source LLCEberhart Capital LLCEberhart Capital LLC acquired Equipment Source LLC, a Casper-based provider of machinery and equipment rental and leasing services, in a leveraged buyout transaction. Terms of the deal were not disclosed.
BuildTools IncECi Software Solutions IncECi Software Solutions Inc, a unit of Apax Partners LLP, acquired BuildTools Inc, a Wayzata-based software publisher.
C&NW Proviso Credit Union,ILFirst Finl Credit UnionilFirst Financial Credit Union,IL planned to acquire the entire share capital of C&NW Proviso Credit Union, a Northlake-based credit union.
Karstens Investment CounselFrontier Wealth Management LLCFrontier Wealth Management LLC merged with Karstens Investment Counsel Inc, an Omaha-based investment advisory firm. Terms were not disclosed.
TransWorld Enterprises IncGoIP Global IncGoIP Global Inc merged with TransWorld Enterprises Inc, a Houston-based intermediator, from KORR Acquisitions Group Inc.
The Healy Grp Inc-Employee DivHub International LtdHub International Ltd, a unit of Hellman & Friedman LLC, acquired the employee benefits division of The Healy Group Inc, a South Bend-based insurance agency. Terms of the transaction were not disclosed.
The B&G Group IncHub Intl Northeast ltdHub International Northeast Ltd, a unit of Hub International Ltd, acquired The B&G Group Inc, a Plainview-based insurance agency providing commercial insurance to various industries, including real estate, business services and construction. Terms were not disclosed.
Gauley River Power PartnersHull Street Energy LLCHull Street Energy LLC acquired Gauley River Power Partners LLC, a Summersville-based hydroelectric power generation facility operator, from Enel Green Power North America Renewable Energy Partners LLC, owned by GE Commercial Finance Inc and GE Energy Financial Services Inc, owned by GE Commercial Finance Inc, in a leveraged buyout transaction.
Artivest Hldg Inc -Platform &Institutional Capital NetworkInstitutional Capital Network Inc definitively agreed to acquire the platform & operating business of Artivest Holdings Inc, a New York City-based software publisher, ultimately owned by Altegris Investments Inc. Terms were not disclosed.
Mogimo IncJuliusworks IncJuliusWorks Inc acquired Mogimo Inc, a New York-based provider of computer facilities management services.
OnLocation IncKeyLogic Systems IncKeyLogic Systems Inc, a unit of Information International Associates Inc, merged with OnLocation Inc, a Vienna-based provider of environmental consulting services.
Belvedere Springwoods VillageMLG CapitalMLG Capital acquired Belvedere Springwoods Village Apartments, a Spring-based lessor of residential buildings and dwellings, from Martin Fein Interests Ltd. Terms were not disclosed.
MegumiNATTO IncNATTO Co LtdNATTO Co Ltd of Japan acquired the entire share capital of MegumiNATTO Inc, a Sebastopol-based soybean farming establishment.
Panzura IncProfile Capital Management LLCProfile Capital Management LLC acquired Panzura Inc, a Campbell-based provider of computer systems design services, in a leveraged buyout transaction. Terms of the deal were not disclosed.
Butts Foods IncQuirch Foods IncQuirch Foods Inc acquired Butts Foods Inc, a Jackson-based wholesaler of meat and meat products.
InnoEye IncRakuten Mobile IncRakuten Mobile Inc of Japan, a unit of Rakuten Inc, planned to acquire InnoEye Inc, a Herndon-based provider of custom computer programming services.
PDC Engineers IncRESPEC Co LLCRESPEC Co LLC acquired PDC Engineers Inc, a Fairbanks-based provider of engineering services, from PDC Inc.
Conco Services LLCRising Point Capital Mgmt LLCRising Point Capital Management LLC acquired a 70% interest in Conco Services LLC, a Verona-based provider of tube cleaning and non- destructive testing services, in a leveraged buyout transaction. Terms were not disclosed.
Self Storage Center,Miami,FLRising Tide Development LLCRising Tide Development LLC, doing business as Compass Self Storage, a unit of Amsdell Cos LLC, acquired an undisclosed Self Storage Center, a Miami-based lessor of mini-warehouses and self- storage units.
Access Scientific LLCSmiths Medical IncSmiths Medical Inc, a unit of Smiths Group PLC, acquired Access Scientific LLC, a San Diego-based vascular access and infection prevention company, from Endeavour Capital Inc.
Stansource IncStellar It Solutions IncStellar It Solutions Inc acquired Stansource Inc, a Dulles-based provider of custom computer programming services.
PushNoteSun Kissed Inds IncSun Kissed Industries Inc acquired PushNote, software publisher.
Nomis Solutions IncSymphony Technology Group LLCSymphony Technology Group LLC acquired an undisclosed majority interest in Nomis Solutions Inc, a Brisbane-based software publisher, in a leveraged buyout transaction.
PKWare IncThompson Street Capital PartThompson Street Capital Partners LP acquired PKWare Inc, a Milwaukee-based software publisher, in a leveraged buyout transaction. Terms were not disclosed.
Grubhub IncUber Technologies IncUber Technologies Inc was rumored to be planning to acquire the entire share capital of Grubhub Inc, a Chicago-based internet service provider.
US M&A Deals Announced May 08 to 14, 2020