TargetAcquirerValue ($millions)Synopsis
Webtoon Ent IncWebtoon Ent Korea Co Ltd138.2Webtoon Entertainment Korea Co Ltd of South Korea acquired a 77.419% interest in Webtoon Entertainment Inc, a Los Angeles-based internet portal operator, from Naver Webtoon Corp, ultimately owned by Naver Corp, for a total $138.240188 mil.
Delmarva Bancshares IncBV Financial Inc54.0BV Financial Inc planned to merge with Delmarva Bancshares Inc, a Cambridge-based commercial bank, for a total $54 mil.
Ascent Ppty LLC-E End OfficeGroup RMC Corp44.2Group RMC Corp acquired East End Office Portfolio of Ascent Properties LLC, a Louisville-based real estate agency, for a total $44.2 mil.
ASC Signal CorpKratos Defense & Security Soln35.0Kratos Defense & Security Solutions Inc acquired ASC Signal Corp, a Plano-based manufacturer of wireless communications equipment, from Communications & Power Industries LLC, owned by CPI International Inc, for $35 million in cash.
Commercial Property Portfol(5)Ethan Conrad Properties Inc17.1Ethan Conrad Properties Inc acquired the remaining 50% interest, which it did not already own, in Commercial Property Portfolio(5), a Sacramento-based lessor of nonresidential buildings, from Urata & Sons Concrete LLC, for a total $17.1 mil.
Cove Logistics LLCSTORD Inc10.0STORD Inc acquired Cove Logistics LLC, a Springfield-based provider of logistics consulting services, for an estimated $10 mil.
Biohazard Health Services LLCEthema Health Corp5.0Ethema Health Corp signed a Letter of Intent {LoI} to acquire a 51% interest in Biohazard Health Services LLC, a West Palm Beach-based provider of janitorial services, for an estimated $5 million. The consideration was to consist of $0.25 million in cash with up to $4.75 million in profit- related payments.
Golden Mile Property,NevadaGold Resource Corp0.7Gold Resource Corp acquired Golden Mile Property, gold ore mine operator, for a total $0.65 mil.
Farelogix IncAccelya Holding World SLAccelya Holding World SL of Spain, a unit of Vista Equity Partners LLC, planned to acquire Farelogix Inc, a Miami-based internet portal operator. Terms were not disclosed.
Beaumont HealthAdvocate Aurora HealthAdvocate Aurora Health was rumored to be planning to acquire Beaumont Health, a Royal Oak-based hospital operator.
Synthesis Tech CorpBlue Horizon Software HldgBlue Horizon Software Holdings LLC acquired an undisclosed majority interest in Synthesis Technology Corp, a Chicago-based software publisher.
Terre Du Lac Utilities Corp-Confluence Rivers UtilityConfluence Rivers Utility Operating Co Inc planned to acquire water & sewer assets of Terre Du Lac Utilities Corp, a Bonne Terre-based water supply system operator.
Cmnty State Bk Of SwstnCrane Credit Union,Odin,INCrane Credit Union agreed to acquire Community State Bank of Southwestern Indiana, a Poseyville-based commercial bank.
Engagio IncDemandbase IncDemandbase Inc acquired Engagio Inc, a San Mateo-based software publisher.
Numerify IncDigital.ai Software IncDigital.ai Software Inc(Digital.ai), jointly owned by CollabNet Inc and XebiaLabs Inc, acquired Numerify Inc, a San Jose-based provider of custom computer programming services. Concurrently, Digital.ai acquired Experitest Inc. The financial terms of the transactions were not disclosed.
Experitest IncDigital.ai Software IncDigital.ai Software Inc(Digital.ai), jointly owned by CollabNet Inc and XebiaLabs Inc, acquired Experitest Inc, a Wilmington-based provider of custom computer programming services. Concurrently, Digital.ai acquired Numerify Inc. The financial terms of the transactions were not disclosed.
Utility Svcs IncEnergy New England LLCEnergy New England LLC acquired Utility Services Inc, a Waterbury-based provider of administrative management and general management consulting services.
Lexent Bio IncFoundation Medicine IncFoundation Medicine Inc, a unit of Roche Holdings AG, acquired Lexent Bio Inc, a San Francisco-based provider of biotechnology research and development services.
Gendron IncGF Health Products IncGF Health Products Inc acquired Gendron Inc, a Bryan-based manufacturer of surgical appliance and supplies.
Eternal Plumbing SolutionsGoettl Air Conditioning IncGoettl Air Conditioning Inc, a unit of American Residential Services LLC, acquired Eternal Plumbing Solutions LLC, a Las Vegas-based plumbing, heating and air-conditioning contractor.
H2O Hydroponics LLCGrowGeneration CorpGrowGeneration Corp acquired H2O Hydroponics LLC, a Lansing-based food crops farming establishment. The terms of the transaction were not disclosed.
Spanugo IncIBM CorpInternational BusinessMachines Corp definitively agreed to acquire Spanugo Inc, a Santa Clara-based internet portal operator. The terms of the transaction were not disclosed.
JC Penney Co IncInvestor GroupAn investor group, comprised of Authentic Brands Group LLC, Simon Property Group Inc and Brookfield Property Partners LP, a unit of Brookfield Asset Management Inc was rumored to be planning to acquire the entire share capital of the bankrupt JC Penney Co Inc, a Plano-based department store operator.
VWM AnalyticsJS Held LLCJS Held LLC, a unit of Kelso & Co LP, acquired VWM Analytics, a Los Angeles-based owner and operator of certified public accountant's office.
LTC News LLCMatt McCannMatt McCann acquired LTC News LLC, a Countryside-based provider of marketing consulting services.
Mealthy IncMVP Holdings LLCMVP Holdings LLC acquired Mealthy Inc, an Austin-based electronic appliances merchant wholesaler.
Cool Planet Energy-BiocarbonNatl Carbon TechNational Carbon Technologies acquired biocarbon business of Cool Planet Energy Systems Inc, a Greenwood Village-based manufacturer of petrochemicals.
Mullen Technologies IncNet Element IncNet Element Inc (NETE) signed a Letter of Intent to merge with Mullen Technologies Inc (Mullen), a Brea-based manufacturer of automobiles, in a stock swap reverse takeover transaction. Upon completion, NETE and Mullen were to own 15% and 85% in the merged entity, respectively.
Heneghan Wrecking & ExcavatingNorthstar Group Services IncNorthstar Group Services Inc, a unit of JF Lehman & Co LLC, acquired Heneghan Wrecking & Excavating Co Inc, a Chicago-based provider of structural and interior deconstruction, excavation and emergency response services. The transaction included Patrick's Equipment Leasing Inc.
Chilmark LabsOpen Book ExtractsOpen Book Extracts acquired Chilmark Labs, an Albuquerque-based drugs merchant wholesaler.
Summers Thompson Lowry IncRelation Insurance IncRelation Insurance Inc, a unit of Aquiline Capital Partners LLC, acquired Summers Thompson Lowry Inc, a Raleigh-based insurance agency.
Roo StorageRevgroup Holdings LLCRevgroup Holdings LLC acquired Roo Storage, a Columbia-based lessor of miniwarehouses and self- storage units.
Ocuphire Pharma IncRexahn Pharmaceuticals IncRexahn Pharmaceuticals Inc definitively agreed to acquire the entire share capital of Ocuphire Pharma Inc, a Farmington Hills-based manufacturer of pharmaceutical preparation.
RNAgri IncRNAissance Ag LLCRNAissance Ag LLC, a unit of TechAccel LLC, acquired RNAgri Inc, a St. Louis-based provider of biotechnology research and development services. Terms were not disclosed.
Audios Ventures IncSirius XM Holdings IncSirius XM Holdings Inc, a unit of Liberty Media Corp, acquired Audios Ventures Inc. a Troy-based agency.
Aphex Biocleanse Systems IncSunset Brands IncSunset Brands Inc signe a Letter of Intent {LOI} to acquire the entire share capital of Aphex Biocleanse Systems Inc, a Pittsford-based manufacturer of sanitation goods.
Grapevine Logic IncTechconn Holding GroupTechconn Holding Group Co Ltd of China agreed to acquire Grapevine Logic Inc, a Cambridge-based software publisher, from Ideanomics Inc.
Resource Advisory Services IncThe Mather Group LLCThe Mather Group LLC acquired Resource Advisory Services Inc, a Knoxville-based provider of administrative management and general management consulting services.
Keste LLCTrinity Hunt Partners LPTrinity Hunt Partners LP acquired an undisclosed majority interest in Keste LLC, aPlano-based provider of information technology services, in a leveraged buyout transaction. Terms were not disclosed.
R&S Foodservice LLCYellow Bicycle Catering CoThe Fish Market Restaurant Inc merged with R&S Foodservice LLC, a Birmingham-based caterer. On completion, the merged entity was renamed to Yellow Bicycle Catering Co.
US M&A Deals Announced June 12 to 18, 2020