Weekly wrap: Cisco, ICV, TSG

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Target Acquirer Value ($millions) Synopsis
Galileo Financial Tech Inc Social Finance Inc 1,200.0 Social Finance Inc, a unit of Renren Inc, definitively agreed to acquire Galileo Financial Technologies Inc, a Salt Lake City-based provider of transaction processing software and transaction processing APIs, for USD 1.2 bil in cash and stock.
Mankato Energy Center LLC SW Generation Operating Co LLC 680.0 Southwest Generation Operating Co LLC planned to acquire Mankato Energy Center LLC, a Mankato-based electrical contractor, from Northern States Power Co, ultimately owned by Xcel Energy Inc, for a total USD 680 mil.
St Francis Medical Center Prime Healthcare Services Inc 350.0 Prime Healthcare Services Inc agreed to acquire St Francis Medical Center, a Lynwood-based hospital operator, from the bankrupt Verity Health System of California Inc (Verity), for an estimated USD 350 mil. Originally, in August 2018, Verity was seeking a buyer for its assets.
Purecircle Ltd Ingredion SRSS Holdings LLC 229.5 Ingredion SRSS Holdings LLC of the UK, a unit of Ingredion Inc, definitively agreed to acquire an 75% majority interest or 138.341 mil common shares in Purecircle Ltd, a Chicago-based manufacturer of chemical products, for a choice between a total of USD 229.494 mil in cash or undisclosed amount in stake.
Wstn Rim Ppty Svcs-Apartment Berkshire Group REIT 156.0 Berkshire Group REIT acquired 3 apartment complex of Western Rim Properties Services, a Fort Worth-based provider of land subdivision services, for a total USD 156 mil.
Intel Corp-Home Gateway MaxLinear Inc 150.0 MaxLinear Inc definitively agreed to acquire home gateway platform division of Intel Corp, a Santa Clara-based manufacturer of semiconductors and related device, for a total USD 150 mil.
9th-19th Story Broadway Principal RE Investors LLC 132.3 Principal Real Estate Investors LLC, a unit of Principal Global Investors LLC, acquired 9th-19th Story Broadway Tower, a Portland-based lessor of nonresidential buildings, for a total USD 132.3 mil.
Carbon Energy-Cert Appalachian Diversified Gas & Oil PLC 110.0 Diversified Gas & Oil PLC agreed to acquire Certain Conventional Appalachian Upstream & Midstream Assets of Carbon Energy Corp, a Denver-based independent oil and natural gas company, ultimately owned by Yorktown Partners LLC, for an estimated USD 110 mil.
Central Island Square Continental Realty Corp 91.8 Continental Realty Corp acquired Central Island Square Apartments, a Daniel Island-based residential property manager, for a total USD 91.75 mil.
Brandon Woods III,MD GLL Real Estate Partners GmbH 90.0 GLL Real Estate Partners GmbH of Germany, a unit of Macquarie Group Ltd, acquired Brandon Woods III, a Curtis Bay-based industrial and warehouse space, from Chesapeake Real Estate Group LLC and EverWest Real Estate Investors LLC, owned by GWL Realty Advisors Inc, for a total USD 90 mil.
Asta Funding Inc Stern Group 75.3 Stern Group definitively agreed to acquire the entire share capital of Asta Funding Inc (Asta), an Englewood Cliffs-based credit card issuer, for USD 11.47 in cash per share, or a total USD 75. 332 mil. Upon completion, Asta is to be delisted from NASDAQ.
Morgan Ppty Tr-Portfolio Ppty Greater Rochester Multifamily 74.3 Greater Rochester Multifamily I LLC, jointly owned by Sinatra & Co Real Estate LLC and Nanco Associates LLC, planned to acquire 3 portfolio properties asset of Morgan Properties Trust, a King Of Prussia-based lessor of real estate property, for a total USD 74.3 mil.
720-750 N Vernon Ave Rexford Industrial Realty Inc 15.5 Rexford Industrial Realty Inc acquired 720-750 N Vernon Avenue, an Azusa-based lessor of nonresidential buildings, for a total USD 15. 5 mil in cash.
Apartment Building-Chessman RedPeak Properties LLC 12.0 RedPeak Properties LLC, a unit of Principal Enterprise Capital Holdings LLC, acquired Chessman Congress Park Apartment Building, a Milwaukee-based provider of real estate services, for a total USD 12 mil.
U Apartment Complex,AL Red Street Investment Co 11.8 Red Street Investment Co acquired an Undisclosed Apartment Complex, a Huntsville-based lessor of residential buildings and dwellings, from Morrison Avenue Capital Partners LLC, for a total USD 11.76 mil.
Hugoton Royalty Trust XTO Energy Inc 8.0 XTO Energy Inc, a unit of Exxon Mobil Corp, planned to launch a tender offer for the entire share capital of Hugoton Royalty Trust (Hugoton), a Dallas-based provider of fiduciary services, for USD 0.2 per share, or a total value of USD 8 mil, via an unsolicited offer. The offer was conditional upon at least 80% of Hugoton's shares being tendered.
Mydecine LLC Newleaf Brands Inc 0.9 Newleaf Brands Inc of Canada signed a Letter of Intent {LoI} to acquire the entire share capital of Mydecine LLC, a Denver-based manufacturer of medicinals and botanicals, for a total USD 0.85 mil.
Revolutionary Security LLC Accenture PLC Accenture PLC of Republic of Ireland acquired Revolutionary Security LLC, a Blue Bell-based provider of security systems services.
Excivity Inc Aegis Technologies Aegis Technologies acquired Excivity Inc, a Chantilly-based provider of security systems services.
The Farmington Co Aon PLC Aon PLC of the UK acquired The Farmington Co, a Farmington-based insurance agency.
NextVR Inc Apple Inc Apple Inc was rumored to be planning to acquire NextVR Inc, a Newport Beach-based software publisher, from Toba Capital.
Early Cassidy & Schilling Llc AssuredPartners Inc AssuredPartners Inc, a unit of Apax Partners LP, acquired Early Cassidy & Schilling LLC, a Rockville-based provider of insurance advisory services.
Ascension Wastewater Bernhard Capital Partners Mgmt Bernhard Capital Partners Management LP acquired Ascension Wastewater Treatment, a Prairieville-based owner and operator of water supply system, in a leveraged buyout transaction.
Celsee Inc Bio-Rad Laboratories Inc Bio-Rad Laboratories Inc acquired Celsee Inc, a Plymouth-based provider of ambulatory health care services. Terms were not disclosed.
SVM LP Blackhawk Network Inc Blackhawk Network Inc, a unit of Blackhawk Network Holdings Inc, acquired SVM LP, a Des Plaines-based wholesaler of prepaid gift cards.
Leadowl LLC Cache Ventures LLC Cache Ventures LLC acquired Leadowl LLC, a Tampa-based software publisher.
FlashBanc LLC Celero Commerce LLC Celero Commerce LLC, a unit of LLR Partners Inc, acquired FlashBanc LLC, a Boca Raton-based provider of financial transactions services. Terms were not disclosed.
Fluidmesh Networks LLC Cisco Systems Inc Cisco Systems Inc planned to acquire Fluidmesh Networks LLC, a Brooklyn-based reproducer of software.
Canopy Crest Corp CNN Cable News Network Inc{CNN}, a unit of Time Warner Inc, acquired Canopy Crest Corp, a Brooklyn-based provider of custom computer programming services. Terms were not disclosed.
Coe Finl Svcs Inc Creative Planning Inc Creative Planning Inc acquired Coe Financial Services Inc, a Wichita-based investment advisor.
DBS DX LLC Employer Mgmt Solutions Inc Employer Management Solutions Inc, doing business as EMS Consulting, agreed to acquire DBS DX LLC, a Cedar Park-based provider of digital transformation for financial services.
Factual Inc Foursquare Labs Inc Foursquare Labs Inc planned to acquire the entire share capital of Factual Inc, a Los Angeles-based software publisher.
Neustar Inc-Registry Business GoDaddy Inc GoDaddy Inc agreed to acquire the registry business of Neustar Inc, a Sterling-based provider of telecommunications services, jointly owned by Golden Gate Capital Inc and GIC Special Investments Pte Ltd. Terms of the transaction were not disclosed.
Cim Grp-Office Bldg Harvest Properties Inc Harvest Properties Inc was rumored to have acquired an office building in San Francisco, California of CIM Group LP, a Los Angeles-based lessor of real estate property. Terms were not disclosed, but according to sources closes to the situation, the deal was valued at an estimated USD 100 mil.
Wonderscript Inc Highwire Public Relations Inc Highwire Public Relations Inc acquired Wonderscript Inc, a New York City-based public relations agency.
Finl 1st Fed Credit Union Horizon Federal Credit Union Horizon Federal Credit Union agreed to merge with Financial 1st Federal Credit Union, a Williamsport-based credit union serving different bakeries in seven states (Pennsylvania, Maryland, Virginia, New Jersey, New York, Delaware, and West Virginia), Plowing Services and Williamsport Area Schools District.
Mintz Group LLC ICV Partners LLC ICV Partners LLC acquired an undisclosed majority interest in Mintz Group LLC, a New York-based investment advisor, from WestView Capital Partners LP, in a leveraged buyout transaction.
Brightworks Integrated Computer Solutions Integrated Computer Solutions of Vestal LLC, doing business as ICS, acquired Brightworks Computer Consulting, an Ithaca-based provider of IT implementation, support, and hosting services.
PRO-Manufactured Products Inc KKSP Precision Machining LLC KKSP Precision Machining LLC, a unit of Mill Point Capital Partners LP, acquired PRO-Manufactured Products Inc, a Plainfield-based manufacturer of computer numerically controlled (CNC) and precision-turned parts.
Multimedia Training Systems KPA Services LLC KPA Services LLC, a unit of Providence Equity Partners LLC, acquired Multimedia Training Systems Inc, a Pittsburgh-based provider of management consulting services.
Grecian Delight Venture LLC Kronos Foods Inc Kronos Foods Inc, a unit of Entrepreneurial Equity Partners, planned to acquire the entire share capital of Grecian Delight Venture LLC, an Elk Grove Village-based manufacturer of Greek and Mediterranean food products.
Launchworks Life Services LLC Launchworks Life Svcs LLC SPV Launchworks Life Services LLC SPV, a special purpose acquisition vehicle formed by Veronis Suhler Stevenson Partners LLC and NewSpring Capital Inc, acquired an undisclosed majority interest in Launchworks Life Services LLC, doing business as RBC Recovery, a Manor-based provider of individualized, gender specific treatments to adults (aged 17+) with substance use disorders such as alcoholism, drug dependence and other addiction disorders, in a leveraged buyout transaction.
VidGrid Inc Paylocity Holding Corp Paylocity Holding Corp acquired VidGrid Inc, a Saint Paul-based provider of data processing and hosting services.
Zbroz Racing Readylift Suspension Inc Readylift Suspension Inc, a unit of Wheel Pros LLC, acquired Zbroz Racing, a Logan-based automotive parts and accessories retailer. Terms of the deal were not disclosed.
Medical Data Analytics RTI International RTI International acquired Medical Data Analytics, a Parsippany-based provider of social sciences research and development services, from Market Certitude LLC. Terms were not disclosed.
Dalton Agency Inc The Bradford Group The Bradford Group merged with Dalton Agency Inc, a Jacksonville-based advertising agency.
BINGE Networks LLC The Movie Studio Inc The Movie Studio Inc planned to acquire BINGE Networks LLC, an Atlanta-based internet service provider of television channels.
CriticalPoint LLC TRC Healthcare Inc TRC Healthcare Inc acquired CriticalPoint LLC, a Gaithersburg-based provider of computer facilities management services.
Pathway Vet Alliance LLC TSG Consumer Partners LLC TSG Consumer Partners LLC (TSG), a unit of Dyal Capital Partners LP, acquired an undisclosed majority interest in Pathway Vet Alliance LLC (Pathway Vet), an Austin-based provider of veterinary services, from Morgan Stanley Global Private Equity, a unit of Morgan Stanley Capital Partners, in a leveraged buyout transaction. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at USD 2.65 bil. Originally, TSG was rumored to be planning to acquire Pathway Vet.
Tristar Power Solutions Unified Power Corp Unified Power Corp, a unit of Incline Management Corp, acquired Tristar Power Solutions, a Minneapolis-based manufacturer of electrical equipment. Concurrently, Unified Power Corp acquired Computer Power Systems Inc.
Computer Power Systems Inc Unified Power Corp Unified Power Corp, a unit of Incline Management Corp, acquired Computer Power Systems Inc, a Winter Springs-based manufacturer of electrical equipment. Concurrently, Unified Power Corp acquired Tristar Power Solutions.
Forty 7 Ronin Inc Waterfield Technologies Waterfield Technologies acquired Forty 7 Ronin Inc, software publisher.
McNamee Lochner PC Whiteman Osterman & Hanna LLP Whiteman Osterman & Hanna LLP planned to merge with McNamee Lochner PC, an Albany-based law office.
May Supply Co Winsupply Inc Winsupply Inc acquired May Supply Co, a Harrisonburg-based industrial machinery and equipment merchant wholesaler. Terms of the transaction were not disclosed.
Performance Livestock Zoetis Inc Zoetis Inc acquired Performance Livestock Analytics, an Ames-based software publisher. Term were not disclosed.
Cloudneeti Corp Zscaler Inc Zscaler Inc planned to acquire Cloudneeti Corp, a Redmond-based software publisher. Terms were not disclosed.
US M&A Deals Announced April 03 to 09, 2020