Weekly wrap: Engage Brands, GI Partners, Twin River

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US M&A Deals Announced April 24 to 29, 2020
Target Acquirer Value ($millions) Synopsis
US WorldMeds-CNS Portfolio Supernus Pharmaceuticals Inc 530.0 Supernus Pharmaceuticals Inc definitively agreed to acquire CNS portfolio of US WorldMeds Holding LLC, a Louisville-based manufacturer of pharmaceutical preparation, for a total $530 million. The consideration was to consist of $300 million in cash and up to $230 million in profit- related payments.
Homecare Preferred Choice Inc Amedisys Hospice LLC 235.0 Amedisys Hospice LLC, a unit of Amedisys Inc, definitively agreed to acquire Homecare Preferred Choice Inc, a Smithville-based provider of home health care services, for a total $235 mil.
Imperial-Premium Cigar USA Bus Gemstone Invest Hldg Ltd 200.2 Gemstone Investment Holding Ltd agreed to acquire premium cigar USA business of Imperial Brands PLC (Imperial Brands), a Bristol-based manufacturer of cigarettes, for a total $200.17 million. Originally, in May 2018, Imperial Brands announced that it was seeking a buyer for its premium cigar unit.
Eldorado Resort Casino Twin River Worldwide Holdings 155.0 Twin River Worldwide Holdings Inc (TRW) definitively agreed to acquire Eldorado Resort Casino Shreveport, a Shreveport-based casino hotel operator, from Eldorado Resorts Inc, for $155 million in cash. Concurrently, TRW definitively agreed to acquire MontBleu Resort Casino & Spa. The two transactions were to have a combined value of $155 mil.
Divvy Cloud Corp Rapid7 Inc 145.0 Rapid7 Inc definitively agreed to acquire Divvy Cloud Corp, an Arlington-based software publisher, for an estimated $145 million. The consideration was to consist of $135.7 million cash and $9.3 million common shares.
Ballys Atlantic City Hotel & Twin River Worldwide Holdings 25.0 Twin River Worldwide Holdings Inc planned to acquire Ballys Atlantic City Hotel & Casino, an Atlantic City-based casino hotel operator, from VICI Properties Inc and Caesars Entertainment Corp, for a total $25 mil.
Bare Board Group Inc NCAB Group AB 12.4 NCAB Group AB of Sweden agreed to acquire the entire share capital of Bare Board Group Inc, a Largo-based manufacturer of bare printed circuit boards, for a total $12.42 mil.
Caliber Home Loans-U Loan Port TIAA FSB Holdings Inc 4.2 TIAA FSB Holdings Inc, a unit of Teachers Insurance & Annuity Association of America, acquired undisclosed loan portfolio of Caliber Home Loans Inc, a Coppell-based national mortgage lender and agency, for a total $4.213 mil.
Wport Appl Repair All Cape Appl All Cape Appliance acquired Westport Appliance Repair, a Westport-based provider of appliance repair and maintenance services.
Wildtree Inc Altair Acqs Llc Altair Acquisitions LLC acquired Wildtree Inc, a Lincoln-based manufacturer of perishable prepared foods.
Avalution Consulting LLC Assurance Software Inc Assurance Software Inc acquired Avalution Consulting LLC, a Cleveland-based provider of administrative management and general management consulting services.
Nextgen Hospice LLC Choice Homecare Of Texas LLC Choice Homecare Of Texas LLC acquired Nextgen Hospice LLC, a Houston-based provider of home health care services. Terms of the deal were not disclosed.
Palm Collision Center Classic Collision Inc Classic Collision Inc acquired Palm Collision Center, a North Lauderdale-based provider of automotive surfaces repair and maintenance services.
Boston Market Corp Engage Brands Llc Engage Brands LLC, a unit of Rohan Group of Cos, acquired Boston Market Corp, a Golden-based full-service restaurant operator, from Sun Capital Partners Inc. Terms were not disclosed.
Dolphin Debit Access LLC Euronet Worldwide Inc Euronet Worldwide Inc acquired Dolphin Debit Access LLC, a Houston-based provider of financial transactions services.
Armadillo Insight Llc Finl-Info-Tech LLC Financial-Information- Technologies LLC acquired Armadillo Insight LLC, a Burlington-based provider of marketing consulting services.
Aquario Design Fog Software Grp Fog Software Group, a unit of Vela Software International Inc, acquired Aquario Design, a New York City-based developer of software.
Shoreline Science Center,CA GI Partners LLP GI Partners LLP acquired Shoreline Science Center, a Redwood City-based lessor of nonresidential buildings, in a leveraged buyout transaction.
Santa Barbara Chamber Goleta Chamber Of Commerce Goleta Chamber Of Commerce planned to acquire the entire share capital of Santa Barbara Chamber Of Commerce, a Santa Barbara-based provider of business support services.
D2iq Inc Google LLC Google Inc, a unit of Alphabet Inc, was rumored to be planning to acquire D2iQ Inc, a San Francisco-based software publisher.
CMLM Holdings Inc Hempyre Holdings Ltd Hempyre Holdings Ltd of the UK acquired CMLM Holdings Inc, a Portland-based manufacturer, wholesaler and retailer of hemp-formulated wellness and beauty products.
Abilene Regional Med Ctr Hendrick Health Sys Hendrick Health System definitively agreed to acquire Abilene Regional Medical Center, an Abilene-based medical center with 231 beds, from Community Health Systems Inc. Terms were not disclosed. Concurrently, Hendrick Health System definitively agreed to acquire Brownwood Regional Medical Center.
Brownwood Regional Med Ctr Hendrick Health Sys Hendrick Health System definitively agreed to acquire Brownwood Regional Medical Center, a Brownwood-based regional medical center with 188 beds, from Community Health Systems Inc. Terms were not disclosed. Concurrently, Hendrick Health System definitively agreed to acquire Abilene Regional Medical Center.
Harvest Health & Recreation-Op Hightimes Hldg Corp Hightimes Holding Corp planned to acquire operational dispensaries of Harvest Health & Recreation Inc, a Tempe-based manufacturer of medicinals and botanicals.
Princeton Tech Corp-Hudson,NH Intervala LLC Intervala LLC acquired Princeton Technology Corp, a Hudson-based manufacturer of complex printed circuit board assemblies and integrated electromechanical products.
Savage Industrial Rail Svcs- Investor Group An investor group, comprised of American Track Services LLC, a unit of Hilltop Private Capital LLC, Deerpath Capital Management LP and PNC Mezzanine Capital Corp acquired track inspection,maintenance & repairservices of Savage Industrial Rail Inc, a Midvale-based provider of rail transportation support services, ultimately owned by Savage Cos.
Blue Star Roofing Inc Jasper Inc Jasper Inc acquired Blue Star Roofing Inc, an Altamonte Springs-based provider of commercial roofing services.
Lucia Securities LLC LPL Financial LLC LPL Financial LLC, a unit of LPL Investment Holdings Inc, agreed to acquire Lucia Securities LLC, a San Diego-based securities brokerage.
Tekmark Global Solutions LLC Orion Systems Integrators LLC Orion Systems Integrators LLC, a unit of One Equity Partners LLC, acquired Tekmark Global Solutions LLC, an Edison-based provider of computer systems design services.
St Cloud Regional Med Ctr Orlando Health Inc Orlando Health Inc definitively agreed to acquire the remaining stake, which it did not already own, in St Cloud Regional Medical Center, a Saint Cloud-based medical center operator, from Community Health Systems Inc.
Cannaworx Inc Pressure BioSciences Inc Pressure BioSciences Inc acquired Cannaworx Inc, a Ridgefield-based manufacturer of medicinals and botanicals.
Motiv Inc Proxy Technologies Inc Proxy Technologies Inc acquired Motiv Inc, a San Francisco-based software publisher.
Mocapnow Stretchsense Ltd StretchSense LTD of New Zealand acquired the entire share capital of MocapNow, a Seattle-based producer of motion pictures and videos, in a stock swap transaction.
MultiAd Inc Syndigo LLC Syndigo LLC, a unit of The Jordan Co LP, acquired MultiAd Inc, a Peoria-based provider of marketing consulting services, from SGS International Inc.
Southern Graphic Systems LLC Syndigo LLC Syndigo LLC, a unit of The Jordan Co LP, acquired Southern Graphic Systems LLC, a Peoria-based provider of graphic design services, from Southern Graphics Inc.
Payette Cnty Title & Escrow TitleOne Corp TitleOne Corp, a unit of Title Resource Group LLC, acquired Payette County Title & Escrow LLC, a Payette-based settlement office.
TrueCoach Inc Transaction Services Group Ltd Transaction Services Group Ltd of New Zealand, a unit of Advent International Corp, acquired TrueCoach Inc, a Boulder-based software publisher.
Neutrona Networks Intl Llc Transtelco Holding Inc Transtelco Holding Inc acquired Neutrona Networks International LLC, a Miami-based provider of data processing and hosting services.
Montbleu Resort Casino & Spa Twin River Worldwide Holdings Twin River Worldwide Holdings Inc (TRW) definitively agreed to acquire MontBleu Resort Casino & Spa, a Stateline-based casino hotel operator, from Eldorado Resorts Inc. Concurrently, TRW definitively agreed to acquire Eldorado Resort Casino Shreveport. The two transactions were to have a combined value of $155 mil.