TargetAcquirerValue ($millions)Synopsis
Buckeye Partners LPIFM Global Infrastructure Fund6387.6IFM Global Infrastructure Fund of Australia, a unit of IFM Investors Pty Ltd, definitively agreed to merge with Buckeye Partners LP, a Houston-based owner and operator of refined petroleum pipelines, for $41.5 in cash per share, or a total value of $6.388 bil.
Mesquite Disposals Unlimited LLCNGL Energy Partners LP890.0NGL Energy Partners LP definitively agreed to acquire Mesquite Disposals Unlimited LLC, provider of hazardous waste treatment and disposal services, for an estimated $890 million in cash.
Artesyn Embedded Technologies Inc-Embedded Power BusinessAdvanced Energy Industries Inc400.0Advanced Energy Industries Inc definitive;y agreed to acquire embedded power business of Artesyn Embedded Technologies Inc, a Boca Raton-based manufacturer of electronic components, ultimately owned by Platinum Equity LLC, for an estimated $400 million. The consideration was to consist of $364 million in cash and the assumption of $36 million in liabilities.
Cineworld Group-Plc-Multi-Screen Cinemas(17)Realty Income Corp286.3Realty Income Corp acquired 17 multi-screen cinemas of Cineworld Group PLC, a London-based motion picture theater operator, for a total $286.3 million in cash, in a sale and leaseback transaction.
JMI Enterprises 1 IncCardiff Lexington Corp1.3Cardiff Lexington Corp acquired JMI Enterprises 1 Inc, a Jacksonville-based provider of tax preparation services, for a total $1.3 mil.
Realm Therapeutics PLCESSA Pharma Inc0.9ESSA Pharma Inc (Essa) of Canada definitively agreed to acquire the entire share capital of Realm Therapeutics PLC (Realm), a Malvern-based manufacturer of pharmaceutical preparation, for a total $0.938 mil, in a stock swap transaction, via scheme of arrangement. Essa offered 0.058 common shares per Realm share. The shares were valued based on Essa’s closing stock price of CAD 3. 47 (USD 2.578) on 14 May 2019, the last full trading day prior to the announcement, each Realm share was valued at $0.201.
AccentCare IncAdvent International CorpAdvent International Corp definitively agreed to acquire AccentCare Inc (AccentCare), a Dallas-based provider of home health care services, from Oak Hill Capital Partners LP (Oak Hill Capital), in a leveraged buyout transaction. Terms were not disclosed. Originally, Oak Hill Capital acquired AccentCare.
United Capital Financial Partners IncGoldman Sachs Group IncGoldman Sachs Group Inc was rumored to be planning to acquire United Capital Financial Partners Inc, a Newport Beach-based investment advisor. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $750 mil.
Molecule CorpHenkel AG & Co KGaAHenkel AG & Co KGaA of Germany acquired Molecule Corp, a Concord-based manufacturer of computer peripheral equipment. Terms were not disclosed.
Percussion Petroleum LLC-Permian Northwest Shelf AssetsInvestor GroupAn investor group, comprised of KKR & Co Inc and Percussion Petroleum LLC definitively agreed to acquire the permian northwest shelf assets of Percussion Petroleum LLC, a Houston- based producer of crude petroleum and natural gas.
Eastwood CoKian Capital Partners LLCKian Capital Partners LLC acquired Eastwood Co, a Pottstown-based manufacturer of power-driven handtools, in a leveraged buyout transaction. Terms were not disclosed.
K2 Insurance Services LLCLee Equity Partners LLCLee Equity Partners LLC definitively agreed to acquire an undisclosed majority interest in K2 Insurance Services LLC, a San Diego-based insurance agency, in a leveraged buyout transaction. Terms were not disclosed.
PowWow Mobile IncMagic Software Enterprises LtdMagic Software Enterprises Ltd of Israel, a unit of Formula Vision Technologies Ltd, acquired PowWow Mobile Inc, a San Francisco-based provider of mobile application services.
Techmedia LLCNaylor Association SolutionsNaylor Association Solutions, a unit of RLJ Equity Partners LLC, acquired Techmedia LLC, a Raleigh- based provider of professional and management development training services.
iContracts IncRadicalogic Technologies IncRadicalogic Technologies Inc of Canada definitively agreed to acquire iContracts Inc, a Bridgewater-based software publisher.
Lund International Holdings IncTruck Hero IncTruck Hero Inc, a unit of CCMP Capital Advisors LP, acquired Lund International HoldingsInc, a Buford-based manufacturer of motor vehicle seats and interior trims, from Highlander Partners LP. Terms were not disclosed.
ecUtopia EDI IncTrue Commerce IncTrue Commerce Inc, a unit of HighJump Software Inc, acquired ecUtopia EDI Inc, a San Diego-based software publisher.
US M&A Deals Announced May 10 to 16, 2019