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Target Acquirer Value ($millions) Synopsis
Quadpay Inc Zip Co Ltd 357.5 Zip Co Ltd (ZIP) of Australia definitively agreed to acquire the remaining 86% interest, which it did not already own, in Quadpay Inc, a New York City-based provider of financial transactions services, for a total $357.5 mil, in a stock swap transaction. The consideration was to consist of issuance of 119 million ordinary shares valued at $297.5 mil, and up to $60 million in profit-related payments. The shares were valued based on ZIP's closing stock price of $2.5 on 29 May 2020, the last full trading day prior to the announcement.
Ursure Inc OraSure Technologies Inc 31.0 OraSure Technologies Inc acquired Ursure Inc, a Boston-based medical equipment and supplies merchant wholesaler, for a total $31 mil.
Cerner Corp-RevWorks Svcs Bus R1 RCM Inc 30.0 R1 RCM Inc definitively agreed to acquire the RevWorks services business of Cerner Corp, a North Kansas City-based provider of computer systems design services, for a total $30 mil.
Socati Corp Globalive Technology Inc 25.0 Globalive Technology Inc of Canada signed a Letter of Intent {LOI} to acquire the entire share capital of Socati Corp, a Woodburn-based manufacturer of pharmaceutical preparation, for an estimated $25 million in common shares, in a stock swap reverse takeover transaction.
Strategic Cyber Hldg LLC-Coml VLC Holdings Co Ltd 3.3 VLC Holdings Co Ltd of Japan planned to acquire commercial assets of Strategic Cyber Holdings LLC, a Minato-Ku, Tokyo-based provider of support services, jointly owned by VLC Holdings Co Ltd and Cybergym Control Ltd, for a total $3.3 mil.
KMCO LLC ALTIVIA Oxide Chemicals LLC 0.0 ALTIVIA Oxide Chemicals LLC, a unit of Altivia Corp, acquired the bankrupt KMCO LLC, a Houston-based manufacturer of organic chemicals, for a total $0. 025 mil.
PeakLogix Inc Alta Equipment Group Inc Alta Equipment Group Inc definitively agreed to acquire PeakLogix Inc, a Midlothian-based provider of computer systems design services, in a leveraged buyout transaction. Terms were not disclosed.
Faultless Brands Architect Eq Llc Architect Equity LLC acquired Faultless Brands, a Kansas City-based manufacturer of sanitation goods, in a leveraged buyout transaction.
Intl Data Depository Archive Systems Inc Archive Systems Inc, a unit of Access Information Management, acquired International Data Depository, a Miami-based provider of data processing and hosting services. Concurrently, Archive Systems Inc acquired Off Site Records Management Inc and records storage business of ImageFreeway Inc.
Off Site Records Mgmt Inc Archive Systems Inc Archive Systems Inc, a unit of Access Information Management, acquired Off Site Records Management Inc, a Lexington-based provider of data processing and hosting services. Concurrently, Archive Systems Inc acquired International Data Depository and records storage business of ImageFreeway Inc.
ImageFreeway-Records Storage Archive Systems Inc Archive Systems Inc, a unit of Access Information Management, acquired records storage business of ImageFreeway Inc, a Tucker-based provider of data processing and hosting services. Concurrently, Archive Systems Inc acquired International Data Depository and Off Site Records Management Inc.
Glebar Co Inc Arcline Investment Management Arcline Investment Management LP acquired Glebar Co Inc, a Ramsey-based manufacturer of machinery.
Vast Bank NA-Certain Assets Armstrong Bank,Muskogee,OK Armstrong Bank,Muskogee, Oklahoma, a unit of Ironhorse Financial Group Inc, definitively agreed to acquire certain assets of Vast Bank NA, a Tulsa-based commercial bank, ultimately owned by Tulsa Valley Bancshares Corp.
Rosenthal Bros Inc Baldwin Krystyn Sherman Baldwin Krystyn Sherman Partners LLC, a unit of BRP Group Inc, acquired Rosenthal Brothers Inc, a Deerfield-based insurance agency. Concurrently, Baldwin Krystyn Sherman Partners LLC acquired Trinity Benefit Advisors LLC.
Trinity Benefit Advisors Llc Baldwin Krystyn Sherman Baldwin Krystyn Sherman Partners LLC, a unit of BRP Group Inc, acquired Trinity Benefit Advisors LLC, a Phoenixville-based provider of health benefit services., from OneDigital Health & Benefits, owned by New Mountain Capital LLC. Concurrently, Baldwin Krystyn Sherman Partners LLC acquired Rosenthal Brothers Inc.
NoteVault Inc Bentley Systems Inc Bentley Systems Inc acquired NoteVault Inc, a San Diego-based develops software.
Aptys Solutions LLC Catalyst Corporate Fcu Catalyst Corporate Fcu acquired Aptys Solutions LLC, a Norcross-based provider of custom computer programming services.
Trade Alert LLC Cboe Global Markets Inc Cboe Global Markets Inc acquired Trade Alert LLC, a New York City-based provider of data processing and hosting services. Terms were not disclosed.
SovLabs LLC CloudBolt Software Inc CloudBolt Software Inc acquired SovLabs LLC, a Norcross-based provider of custom computer programming services.
111 Mw Energy Center Dover LLC DB Energy Assets LLC DB Energy Assets LLC acquired 111 Mw Energy Center Dover LLC, a Dover-based fossil fuel electric power generation facility operator, from Clearway Energy Group LLC, owned by Clearway Energy Inc.
AgileRates Excel Impact LLC Excel Impact LLC acquired AgileRates, a North Miami-based online retailer.
X-Chem Inc GHO Capital Partners LLP GHO Capital Partners LLP of the UK acquired X-Chem Inc, a Waltham-based provider of biotechnology research and development services, from Clariant Finance(Luxembourg) SA, ultimately owned by Clariant AG, in a leveraged buyout transaction.
IFREC Real Estate Schools Gold Coast Schools Inc Gold Coast Schools Inc acquired IFREC Real Estate Schools, an Orlando-based provider of educational support services. The financial terms of the deal were not disclosed.
Alliance Residential Co-Ppty Greystar Worldwide Llc Greystar Worldwide LLC acquired the property management business of Alliance Residential Co, a Phoenix-based real estate agency.
Catheter Precision Inc Hancock Jaffe Laboratories Inc Hancock Jaffe Laboratories Inc, a unit of Leman Cardiovascular SA, signed a non-binding letter of intent {LoI} to acquire Catheter Precision Inc, a Mount Olive-based medical device software company.
Hibernia Capital-Building Harrison Ppty Ltd Harrison Properties Ltd acquired 10 Building Portfolio of Hibernia Capital Advisors LLC, a Phoenix-based real estate investment firm.
Dunham Engineering Inc HMT LLC HMT LLC, a unit of Tailwind Capital Partners LP, acquired Dunham Engineering Inc, a College Station-based provider of engineering services.
Century 21 Potvin Rlty Hunt Real Estate Corp Hunt Real Estate Corp acquired Century 21 Potvin Realty, a Glens Falls-based residential property manager.
Lundqvist Wealth Strategies Ideal Life Financial Advisors Ideal Life Financial Advisors LLC merged with Lundqvist Wealth Strategies LLC, a Granite Bay-based investment advisor.
City Of Rosiclare- Wastewater Illinois American Water Co Illinois American Water Co, a unit of American Water Works Co Inc, acquired wastewater system & drinking water production of City Of Rosiclare, a Rosiclare-based city government, the US state- owned City of Rosiclaire, Illinois.
Tri-State Financial LLC Integrity Marketing Group LLC Integrity Marketing Group LLC, a unit of HGGC LLC, acquired Tri-State Financial LLC, a Rosholt-based provider of financial investment services. The financial terms of the deal were not disclosed.
Telwest Inc Intermax Networks Intermax Networks acquired Telwest Inc, a Spokane-based voice communications and cabling specialists.
Blue Stream Fiber Investor Group A management-led investor group, comprised of GI Partners LLP, acquired an undisclosed majority interest in Blue Stream Fiber, a Coral Springs-based internet service provider, from Twin Point Capital LLC, in a leveraged buyout transaction.
Desert Jet LLC James D McCool James D McCool acquired Desert Jet LLC, a Thermal-based provider of airport operation related services, from Denise Wilson.
Wellbridge-Behavioral Health Kindred Healthcare Inc Kindred Healthcare Inc, a unit of Humana Inc, planned to acquire 2 Behavioral Health Hospitals of Wellbridge Healthcare, a Plano-based owner and operator of psychiatric and substance abuse hospital.
Thermochem Inc Kyushu Electric Power Co Inc Kyushu Electric Power Co Inc of Japan agreed to acquire the entire share capital of Thermochem Inc, a Santa Rosa-based testing laboratory. The transaction was to include PT. Thermochem Indonesia.
Chestnut Labs Merieux Nutrisciences Corp Merieux Nutrisciences Corp, a unit of Institut Merieux SA, acquired Chestnut Labs, a Springfield-based testing laboratory, from Dairy Farmers Of America Inc.
Egyptian Theatre,Hollywood,CA Netflix Inc Netflix Inc (Netflix) acquired Egyptian Theatre (ET) , a Hollywood-based motion picture theater operator, from American Cinematheque. Originally, in April 2019, Netflix was rumored to be planning to acquire ET.
Paraleap Technologies LLC Netreo Inc Netreo Inc acquired Paraleap Technologies LLC, an Arlington Heights-based provider of data processing and hosting services.
Fluortek Inc Nordson Corp Nordson Corp acquired Fluortek Inc, an Easton-based manufacturer of irradiation apparatuses. Terms were not disclosed.
Mega Energy Holdings LLC NRG Energy Inc NRG Energy Inc acquired Mega Energy Holdings LLC, a Sugar Land-based electric power generation facility operator.
Brandis Tallman LLC Oppenheimer & Co Inc Oppenheimer & Co Inc, a unit of Oppenheimer Holdings Inc, agreed to acquire the state-owned Brandis Tallman LLC, a San Francisco-based securities brokerage.
CHE Consulting Inc Park Place Technologies LLC Park Place Technologies LLC, a unit of GTCR LLC, acquired Custom Hardware Engineering & Consulting Inc, a Fenton-based provider of third-party maintenance support services.
Bobby Layman Cadillac Gmc Inc Performance Columbus Llc Performance Columbus LLC acquired Bobby Layman Cadillac Gmc Inc, a Carroll-based new car dealer.
Exlon Extrusion Inc Pexco LLC Pexco LLC, a unit of AEA Investors LP, acquired Exlon Extrusion Inc, a Greensboro-based manufacturer of plastics products.
Soluble Therapeutics Inc-Asts Predictive Oncology Inc Precision Therapeutics Inc acquired assets of Soluble Therapeutics Inc, a Birmingham-based manufacturer of biological products, ultimately owned by CytoBioscience Inc. Concurrently, Precision Therapeutics Inc acquired assets of BioDtech Inc.
BioDtech Inc-Assets Predictive Oncology Inc Precision Therapeutics Inc acquired assets of BioDtech Inc, a Birmingham-based manufacturer of biological products, ultimately owned by Westmount Asset Management LLC. Concurrently, Precision Therapeutics Inc acquired assets of Soluble Therapeutics Inc.
Upromise Inc Prodege LLC Prodege LLC acquired Upromise Inc, a Newton-based portfolio manager, from SLM Corp.
Clever Leaves Intl Inc Schultze Special Purpose Acq Schultze Special Purpose Acquisition Corp signed a Letter of Intent {LoI} to acquire the entire share capital of Clever Leaves International Inc, a New York City-based manufacturer of medicinals and botanicals, in a stock swap reverse takeover transaction, via leveraged buyout transaction.
Blackhawk Mining LLC Sev.en Energy AG Sev.en Energy AG of Liechtenstein acquired Blackhawk Mining LLC, a Lexington-based bituminous coal mine operator.
Adweek LLC Shamrock Capital Advisors LLC Shamrock Capital Advisors LLC acquired Adweek LLC, a New York-based periodical publisher, from Prometheus Global Media LLC (PGM), jointly owned by Pluribus Capital Management and Guggenheim Partners LLC, in a secondary buyout transaction. Terms were not disclosed. Originally, PGM acquired Adweek, in a leveraged buyout transaction.
Advanced Systems Group Sirius Computer Solutions Inc Sirius Computer Solutions Inc, a unit of Clayton Dubilier & Rice LLC, acquired Advanced Systems Group, a Thornton-based reproducer of software, from Horizon Technologies.
Exostar LLC Thoma Bravo LLC Thoma Bravo LLC agreed to acquire Exostar LLC, a Herndon-based software publisher, in a leveraged buyout transaction. Terms of the transaction were not disclosed.
Hospice With Grace Traditions Health LLC Traditions Health LLC, a unit of Traditions Health Care Holding Co LLC, acquired Hospice With Grace, a Tomball-based provider of home health care services.
Scandata Systems Inc Transplace Inc Transplace Inc, a unit of TPG Capital LP, acquired Scandata Systems Inc, an Austin-based provider of custom computer programming services.
Carolina Marine Terminal Inc Transpo Infra Partners LLC Transportation Infrastructure Partners LLC, jointly owned by Savage Enterprises LLC and Ridgewood Infrastructure LLC, acquired Carolina Marine Terminal Inc, a Wilmington-based provider of critical transport, logistics management and product handling services.
MoneyGram International Inc Western Union Co Western Union Co was rumored to be planning to merge with MoneyGram International Inc, a Dallas-based provider of financial transactions services, from Thomas H Lee Partners LP, ultimately owned by Thomas H Lee Co.
US M&A Deals Announced May 29 to June 04, 2020