Weekly wrap: GTCR, Simply Good, Splunk

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Endulge brand low-carb ice cream, made by Atkins Nutritionals Inc., sits on display at an Associated Supermarket in New York on March 22, 2004. More food makers are jumping to meet consumer demand for lower-carbohydrate foods even as executives question the longevity of the Atkins diet trend. Photographer: Daniel Acker/Bloomberg News.

Target Acquirer Value ($millions) Synopsis
Carbon Black Inc VMware Inc 2270.4 VMware Inc (VMware), a unit of EMC Corp, definitively agreed to acquire the entire share capital of Carbon Black Inc, a Waltham-based software publisher, for $ 26 in cash per share, or a total of $ 2.27 bil, via tender offer. Concurrently, VMware definitively agreed to acquire Pivotal Software Inc.
Kinder Morgan Cochin LLC Pembina US Corp 1546.0 Pembina US Corp, a unit of Pembina Pipeline Corp (Pembina), agreed to acquire the entire share capital of Kinder Morgan Cochin LLC, a Houston-based provider of pipeline transportation services of natural gasoline, from Kinder Morgan Inc, for $ 1.546 billion in cash. The transaction was a condition to the completion of the acquisition of Kinder Morgan Canada Ltd by Pembina.
SignalFx Inc Splunk Inc 1050.0 Splunk Inc definitively agreed to acquire the entire share capital of SignalFx Inc, a San Mateo-based software publisher, for an estimated $ 1.05 billion. The consideration was to consist of $ 420 million in common shares and $ 630 million in cash, subject to a proration whereby 40% of the total consideration was to be paid in common shares and the remaining 60% to be paid in cash.
Quest Nutrition LLC Simply Good Foods Co 1000.0 Simply Good Foods Co definitively agreed to acquire the entire share capital of Quest Nutrition LLC, an El Segundo-based manufacturer of foods, for $ 1 billion in cash. The transaction was to include Voyage Holdings LLC and VMG Quest Blocker Inc.
PolyOne Corp-Performance Products & Solutions Business SK Capital Partners LP 775.0 SK Capital Partners LP definitively agreed to acquire the performance products & solutions business of PolyOne Corp, an Avon Lake-based manufacturer of plastics materials, for an estimated $ 775 million in cash, in a leveraged buyout transaction.
City Pipe & Supply Corp Russel Metals Inc 160.0 Russel Metals Inc of Canada agreed to acquire the entire share capital of City Pipe & Supply Corp, an Odessa-based manufacturer of metal valves and pipe fittings, for a total $ 160 mil.
Twin Hill Acquisition Co Inc Investor Group 62.0 A management-led investor group, comprised of Tailored Brands Inc's existing corporate apparel UK executive team (UK executive team) acquired Twin Hill Acquisition Co Inc, a Houston-based retailer of men's and women's corporate uniforms, from Tailored Brands Inc, in a leveraged buyout transaction. Concurrently, UK executive team acquired MWUK Ltd. The two transactions had a combined value of an estimated $ 62 mil.
Rti Energy Systems Inc-Business Hunting PLC 12.5 Hunting PLC of the UK acquired business of Rti Energy Systems Inc, a Spring-based manufacturer of oil and gas field machinery and equipment, for a total $ 12. 5 mil.
BestTransport Inc The Descartes Systems Group Inc 11.2 The Descartes Systems Group Inc of Canada acquired BestTransport Inc, a Columbus-based provider of transport management services, for a total $ 11.2 mil.
Portfolio Holdings Inc ABRY Partners LLC ABRY Partners LLC planned to acquire Portfolio Holdings Inc, a Lake Forest-based provider of finance and insurance products and services, in a leveraged buyout transaction. Terms of the transaction were not disclosed.
More Than Gourmet Holdings Inc Ajinomoto Health & Nutrition North America Inc Ajinomoto Health & Nutrition North America Inc, a unit of Ajinomoto Co Inc, agreed to acquire a 50.1% interest in More Than Gourmet Holdings Inc, an Akron-based packaged frozen food merchant wholesaler.
Gooch-Gant Field Oil Wells,Texas(6) American Patriot Oil & Gas Ltd American Patriot Oil & Gas Ltd of Australia acquired 6 Gooch-Gant Field Oil Wells, a producer of crude petroleum and natural gas.
Hilton Grand Vacations Inc Apollo Global Management LLC FLASH - Apollo Global Management LLC planned to acquire an undisclosed majority interest in Hilton Grand Vacations Inc, an Orlando-based hotel operator, from Hilton Worldwide Holdings Inc. The terms of the transaction were not disclosed, but according to sources close to the transaction, the had a reported value of $ 2.4 bil.
EIS Inc Audax Group LP Audax Group LP definitively agreed to acquire EIS Inc, an Atlanta-based electrical apparatuses and equipment merchant wholesaler, from Genuine Parts Co, in a leveraged buyout transaction.
GoHealth LLC Centerbridge Partners LP Centerbridge Partners LP was rumored to be planning to acquire an undisclosed majority interest in GoHealth LLC, a Chicago-based provider of data processing and hosting services, 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 $ 1.5 bil.
NW Entertainment Inc Employee Stock Ownership Plan NW Entertainment Inc ESOP acquired NW Entertainment Inc, a Burbank-based provider of marketing consulting services.
Morphe LLC General Atlantic LLC General Atlantic LLC (General Atlantic) acquired an undisclosed majority interest in Morphe LLC (Morphe), a San Francisco-based manufacturer of toilet preparations, in a leveraged buyout transaction. Terms were not disclosed. Originally, in July 2019, General Atlantic was rumored to be planning to acquire an undisclosed majority stake in Morphe.
Sabalo Energy LLC-Produced Water Assets H2O Midstream LLC H2O Midstream LLC acquired the produced water assets of Sabalo Energy LLC, a Corpus Christi-based producer of crude petroleum and natural gas, ultimately owned by Sabalo Holdings LLC.
North American Dental Group Inc Jacobs Holding AG Jacobs Holding AG of Switzerland, a unit of Jacobs Foundation, planned to acquire an undisclosed majority interest in North American Dental Group Inc, a New Castle-based dentist's office operator, from ABRY Partners LLC and The Riverside Co, in a leveraged buyout transaction. Terms were not disclosed.
Brooklyn Nets Basketball Team Joseph Tsai Joseph Tsai of Canada definitively agreed to acquire the remaining 51% interest, which it did not already own, in Brooklyn Nets Basketball Team, a Brooklyn-based sports club, from Onexim Sports & Entertainment Holding Usa Inc, owned by Mikhail Dmitrievitch Prokhorov. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $ 2.35 bil.
Chemtron Corp Kinderhook Industries LLC Kinderhook Industries LLC acquired Chemtron Corp, an Avon-based provider of hazardous waste treatment and disposal services, from CapitalWorks LLC, in a leveraged buyout transaction.
FMG North Texas LLC Lindmark Outdoor Media Lindmark Outdoor Media acquired FMG North Texas LLC, a Dallas-based display advertising agency, from Fairway Media Group LLC.
Inside Real Estate LLC Lovell Minnick Partners LLC Lovell Minnick Partners LLC acquired an undisclosed majority interest in Inside Real Estate LLC, a Salt Lake City-based software publisher, in a leveraged buyout transaction. Terms of the transaction were not disclosed.
Bedly Inc Portfolio PlaceMe PlaceMe acquired Bedly Inc Portfolio, lessor of residential buildings and dwellings, from Bedly Inc.
Us Telepacific Corp Siris Capital Group LLC Siris Capital Group LLC definitively agreed to acquire US Telepacific Corp, a Los Angeles-based wireless telecommunications carrier, from US TelePacific Holdings Corp, in a leveraged buyout transaction. Terms were not disclosed.
Performance Systems Integration LLC The Riverside Co The Riverside Co acquired Performance Systems Integration LLC, a Portland-based provider of security systems services, from Peterson Partners LP, in a leveraged buyout transaction.
LeverPoint Management LLC Ultimus Fund Solutions LLC Ultimus Fund Solutions LLC, a unit of GTCR LLC, definitively agreed to acquire LeverPoint Management LLC, a Clifton Park-based provider of financial investment services.
US M&A Deals Announced August 16 to 22, 2019
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