Weekly wrap: FireEye, Stone Point, WHP Global

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Target Acquirer Value ($millions) Synopsis
Duff & Phelps Corp Duff & Phelps Corp SPV 4,200.0 Duff & Phelps Corp SPV, a special purpose acquisition vehicle formed by Stone Point Capital LLC (Stone Point Capital) and Further Global Capital Management LP agreed to acquire an undisclosed majority interest in Duff & Phelps Corp (Duff & Phelps), a New York City-based provider of financial advisory and investment banking services, from Permira Advisers LLP (Permira Advisers), a unit of Permira Advisers Holdings Ltd, ultimately owned by Permira Holdings Ltd, for $4.2 bil, in a tertiary buyout transaction. Previously, Permira Advisers, acquired an undisclosed majority interest in Duff & Phelps, in a secondary buyout transaction. Originally, Duff & Phelps Corp SPV, a special purpose acquisition vehicle formed by The Carlyle Group LP, Stone Point Capital, Pictet & Cie and LCF Rothschild Group of Switzerland, acquired the entire share capital of Duff & Phelps, in a leveraged buyout transaction.
Eaton Corp PLC-Hydraulics Danfoss A/S 3,300.0 Danfoss A/S of Denmark, a unit of Bitten Og Mads Clausens Fond, definitively agreed to acquire Hydraulic Cylinder Business of Eaton Corp, manufacturer of fluid power cylinders and actuators, ultimately owned by Eaton Corp PLC, for $3.3 billion in cash.
Lummus Technology LLC Illuminate Buyer LLC 2,725.0 Illuminate Buyer LLC, a special purpose acquisition vehicle formed by The Chatterjee Group (Chatterjee) and Rhone Group (Rhone), definitively agreed to acquire Lummus Technology LLC (Lummus), a Houston-based lessor of nonfinancial intangible assets, from McDermott Technology(US)Inc (McDermott Technology), ultimately owned by McDermott International Inc, for $2. 725 billion. Originally, in September 2019, McDermott Technology announced that it was seeking a buyer for Lummus. Chatterjee and Rhone were named as potential bidders.
Collins Aero-Military GPS Bus BAE Systems Inc 1,925.0 BAE Systems Inc (BAE), a unit of BAE Systems PLC, definitively agreed to acquire Military Global Positioning System (Military GPS) Business of Collins Aerospace (Collins), a West Palm Beach-based manufacturer of advanced communication and aviation electronics products, ultimately owned by United Technologies Corp, for an estimated $1.925 billion in cash. Originally, in October 2019, Collins announced that it was seeking a buyer for its Military GPS Business. The transaction was a condition to the completion of the acquisition of Raytheon Co by United Technologies Corp. Concurrently, BAE definitively agreed to acquire Airborne Tactical Radios Business of Raytheon Co.
Decision Resources LLC Clarivate Analytics PLC 950.0 Clarivate Analytics PLC (Clarivate) definitively agreed to acquire Decision Resources LLC, a Burlington-based provider of data processing and hosting services, from Piramal Enterprises Ltd, for a total $950 million. The consideration was to consist of $900 million in cash and $50 million Clarivate common stock.
Franklin Financial Network Inc FB Financial Corp 580.5 FB Financial Corp (FB) definitively agreed to merge with Franklin Financial Network Inc (Franklin), a Franklin-based commercial bank, for a total $580.455 mil, in a stock swap transaction. FB offered 0. 9650 common share plus $2 per each Franklin share. Based on FB's closing stock price of $38.80 on 17 January 2020, the last full trading day prior to the announcement, each Franklin share was valued at $39.44.
Storm8 Inc Stillfront Group AB 400.0 Stillfront Group AB of Sweden (Stillfront) agreed to acquire the entire share capital of Storm8 Inc, a San Mateo-based software publisher, for a total $400 million. The consideration was to consist of $221.08 million in cash, 1.911 million in newly-issued ordinary shares and up to $100 million in profit-related payments. The shares were valued based on Stillfront's closing stock price of $41.305 on 21 January 2020, the last full trading day prior to the announcement.
Raytheon Co-ATR Business BAE Systems Inc 275.0 BAE Systems Inc (BAE), a unit of BAE Systems PLC, definitively agreed to acquire Airborne Tactical Radios Business of Raytheon Co, a Waltham-based manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments, for an estimated $275 million in cash. The transaction was a condition to the completion of the acquisition of Raytheon Co by United Technologies Corp. Concurrently, BAE definitively agreed to acquire the global positioning system business of Collins Aerospace.
Magellan Midstream-Terminals Buckeye Partners LP 250.0 Buckeye Partners LP (MMP) , a unit of IFM Global Infrastructure Fund, agreed to acquire 3 marine terminals of Magellan Midstream Partners, a Tulsa-based provider of pipeline transportation services of refined petroleum products, for $250 million. Originally, In June 2019, MMP was rumored to be seeking a buyer for a 35% ownership interest in its longhorn crude oil pipeline.
Venture Products Inc The Toro Co 167.5 The Toro Co agreed to acquire Venture Products Inc, an Orrville-based manufacturer of landscape and ice tractor, for a total $167.5 mil, in cash.
Thompson Washington DC Hotel Union Invest RE GmbH 120.0 Union Investment Real Estate GmbH of Germany, a unit of Union Asset Management Holding AG, acquired Thompson Washington DC Hotel, a Washington DC-based hotel operator, from Geolo Capital and JW Capital LLC, for a total $120 mil.
Tailored Brands Inc-Joseph WHP Global 115.0 WHP Global agreed to acquire joseph abboud trademarks of Tailored Brands Inc, a Houston-based men's clothing retailer, for a total $115 mil.
The Conam Grp-401 Unit S Lew & Assoc Inc 90.0 S Lew & Associates Inc acquired Reserve Apartment Community of The Conam Group, a San Diego-based lessor of real estate property, for a total $90 mil.
CSS Industries Inc IG Design Group PLC 87.8 IG Design Group PLC of the UK definitively agreed to acquire the entire share capital of CSS Industries Inc, a Plymouth Meeting-based greeting card publisher, for an estimated $9.4 in cash per share, or a total value of $87.758 mil, via tender offer.
Virginia Bank Bankshares Inc Pinnacle Bkshares Corp,VA 29.4 Pinnacle Bankshares Corp (PBC), definitively agreed to merge with Virginia Bank Bankshares Inc (VBB), a Danville-based commercial bank, for a total $29.366 million subject to proration whereby 70% of the total consideration was to be paid common shares and the remaining 30% in cash. PBC offered a choice of $16 in cash or 0.5 PBC share per VBB share. Based on PBC's closing stock price of $31.45 on 16 January 2020, the last full trading day prior to the announcement, each EBI share was valued at $15.725. On completion PBC and VBB shareholders were to own 71% interest and 29% stake, respectively in the combined entity.
Sequent Software Inc TIS Inc 26.0 TIS Inc of Japan planned to raise its interest to 61. 6%, from 13.1%, by acquiring a 48.5% stake in Sequent Software Inc, a Santa Clara-based software publisher, for a total $26 mil.
Central Federal Bancshares Inc Southern Missouri Bancorp Inc 25.2 Southern Missouri Bancorp Inc agreed to acquire the entire share capital of Central Federal Bancshares Inc, a Rolla-based commercial bank, for $15.9 per share, or a total value of $25. 208 million in cash.
Bellicum Pharms Inc-Mnfg The Univ Of Texas Md Anderson 15.0 The University Of Texas Md Anderson Cancer Center planned to acquire manufacturing facility of Bellicum Pharmaceuticals Inc, a Houston-based manufacturer of pharmaceutical preparation, for a total $15 mil.
7-Eleven LLC 7-Eleven Inc 7-Eleven Inc (7-Eleven), a unit of IYG Holding Co, agreed to acquire the entire share capital of 7-Eleven LLC, an Edmond-based investment advisor. Concurrently, 7- Eleven agreed to acquire Brown-Thompson GP.
Brown-Thompson Gen 7-Eleven Inc 7-Eleven Inc (7-Eleven), a unit of IYG Holding Co, agreed to acquire the entire share capital of Brown- Thompson GP, supermarket operator. Concurrently, 7- Eleven agreed to acquire 7- Eleven LLC.
nuTravel Technology Solutions Airlines Reporting Corp Airlines Reporting Corp acquired an undisclosed majority interest in nuTravel Technology Solutions LLC, a Purchase-based software publisher.
TriPharm Services Inc Alcami Corp Alcami Corp, a unit of Madison Dearborn Partners LLC, acquired TriPharm Services Inc, a Morrisville-based manufacturer of pharmaceutical preparation.
Clearpool Group Inc Bank of Montreal Bank of Montreal, Montreal,Canada of Canada definitively agreed to acquire Clearpool Group Inc, a New York City-based trading software company. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $100 mil.
Catheter Research Inc Biomerics LLC Biomerics LLC acquired the remaining 50% interest, which it did not already own, in Catheter Research Inc, an Indianapolis-based manufacturer of medical instruments, a unit of Biomerics ATL LLC, jointly owned by ATL Technology LLC and Biomerics LLC.
Scott Exterminating Co Bug Busters Inc Bug Busters Inc acquired Scott Exterminating Co, a Hapeville-based provider of exterminating and pest control services.
Digital Ventures Centerfield Media Holdings LLC Centerfield Media Holdings LLC, a unit of Platinum Equity LLC, acquired Digital Ventures, internet portal operator. Terms were not disclosed.
Sullivan & Serwitz Cerity Partners LLC Cerity Partners LLC, a unit of Lightyear Capital LLC, acquired the entire share capital of Sullivan & Serwitz, a Los Altos-based portfolio manager.
Vermont Systems Inc Clubessential LLC Clubessential LLC acquired Vermont Systems Inc, an Essex Junction-based reproducer of software.
Stratford Consulting LLC Creative Planning Inc Creative Planning Inc acquired Stratford Consulting LLC, an Addison-based investment advisor.
Monarq Incubator Female Founders Alliance SPC Female Founders Alliance SPC acquired Monarq Incubator, a New York City-based social organization. Terms were not disclosed.
Cloudvisory FireEye Inc FireEye Inc acquired Cloudvisory, a Dallas-based provider of custom computer programming services.
Vieau Associates Inc GZA GeoEnvironmental Inc GZA GeoEnvironmental Inc, a unit of GZA GeoEnvironmentalTechnologies Inc, acquired Vieau Associates Inc, an Edina-based provider of environmental consulting services.
Texas All Risk Gen Agcy Inc Hull & Co Inc Hull & Co Inc, a unit of Brown & Brown Inc, acquired Texas All Risk General Agency Inc, a Dallas-based direct property and casualty insurance carrier, from CJD & Associates LLC, owned by Brooke Corp.
Canam Group-US Certain Assets Investor Group An investor group, comprised of Caisse De Depot Et Placement Du Quebec (CDPQ), Fonds de Solidarite des Travailleurs du Quebec (FTQ) and Placements CMI Inc (CMI) definitively agreed to acquire US certain assets of Canam Group Inc (Canam), a Saint-Georges-based manufacturer of fabricated structural metal products, jointly owned by American Industrial Partners LP, FTQ, Canaveral Acquisition Inc and CDPQ, in an internal reorganization. Concurrently, CDPQ, FTQ and CMI definitively agreed to acquire Canadian operations of Canam.
Premier Manufacturing Inc Investor Group An investor group, comprised of Minimizer LLC and Capital Partners Inc planned to acquire Premier Manufacturing Inc, a Cheesterfield-based manufacturer of cigarettes, from US Tobacco Cooperative Inc.
Integrated Dynamic Electron JEOL Ltd JEOL Ltd of Japan acquired the entire share capital of Integrated Dynamic Electron Solutions Inc, a Pleasanton-based provider of biotechnology research and development services.
RecordTrak Inc Magna Legal Services LLC Magna Legal Services LLC acquired RecordTrak Inc, a King of Prussia-based provider of legal services.
Dunkel Bros Mach Moving Inc MEI Rigging & Crating LLC MEI Rigging & Crating LLC, a unit of Dorilton Capital Advisors LLC, acquired Dunkel Bros Machinery Moving Inc, a La Mirada-based provider of local freight trucking services.
Seven Seas Water Corp Morgan Stanley Morgan Stanley was rumored to be planning to acquire Seven Seas Water Corp, a Tampa-based water supply system operator, from Aquaventure Holdings Ltd. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $500 mil.
Eagle Transportation LLC Nolan Transportation Group Inc Nolan Transportation Group Inc, a unit of Gryphon Investors Inc, acquired Eagle Transportation LLC, a Hattiesburg-based provider of freight transportation arrangement services.
Centerfield Media Holdings LLC Platinum Equity LLC Platinum Equity LLC acquired Centerfield Media Holdings LLC, a Los Angeles-based provider of marketing consulting services, in a leveraged buyout transaction. Terms were not disclosed.
TeligentEMS LLC Prime Technological Services Prime Technological Services LLC acquired TeligentEMS LLC, a Havana-based manufacturer of printed circuit boards, electronics assemblies and other electrical and electronic products.
Kali Inc-Cbd Confection Asts Puration Inc Puration Inc, a unit of American Cannabis Innovations Conglomerated, planned to acquire CBD confection assets of Kali Inc, a Dallas-based manufacturer of medicinals and botanicals.
SFFI Co Inc Renaissance Food Group LLC Renaissance Food Group LLC, a unit of Calavo Growers Inc, definitively agreed to acquire SFFI Co Inc, a Los Angeles-based wholesaler of fresh fruits and vegetables. Terms were not disclosed.
Talentsmart Inc Seaside Eq Partners Seaside Equity Partners acquired Talentsmart Inc, a San Diego-based trade school operator.
DATalent LLC Staffing as a Mission LLC Staffing as a Mission LLC acquired DATalent LLC, a Franklin-based provider of temporary help services. Terms were not disclosed.
Wooster Roofing & Constr Co Tecta America Corp Tecta America Corp, a unit of Altas Partners LP, acquired Wooster Roofing & Construction Co, an Akron-based roofing contractor.
The Original Footwear Co Inc The Original Footwear Co Inc The Original Footwear Co Inc SPV, a special purpose acquisition vehicle formed by Brand Velocity Partners, Invision Capital Mangement LLC and Pinnacle Financial Partners Inc, acquired The Original Footwear Co Inc, a Stockton-based manufacturer of footwear, in a leveraged buyout transaction.
Implementix Inc-Division The Vomela Cos The Vomela Cos acquired fleet graphics division of Implementix Inc, a Wheat Ridge-based reproducer of software.
Eff Creative Group LLC Ticker Tocker LLC Ticker Tocker LLC acquired the entire share capital of Eff Creative Group LLC, a New York City-based reproducer of software.
US M&A Deals Announced January 17 to 23, 2020