TargetAcquirerValue ($millions)Synopsis
Quadpay IncZip Co Ltd357.5Zip 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 IncOraSure Technologies Inc31.0OraSure Technologies Inc acquired Ursure Inc, a Boston-based medical equipment and supplies merchant wholesaler, for a total $31 mil.
Cerner Corp-RevWorks Svcs BusR1 RCM Inc30.0R1 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 CorpGlobalive Technology Inc25.0Globalive 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-ComlVLC Holdings Co Ltd3.3VLC 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 LLCALTIVIA Oxide Chemicals LLC0.0ALTIVIA 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 IncAlta Equipment Group IncAlta 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 BrandsArchitect Eq LlcArchitect Equity LLC acquired Faultless Brands, a Kansas City-based manufacturer of sanitation goods, in a leveraged buyout transaction.
Intl Data DepositoryArchive Systems IncArchive 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 IncArchive Systems IncArchive 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 StorageArchive Systems IncArchive 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 IncArcline Investment ManagementArcline Investment Management LP acquired Glebar Co Inc, a Ramsey-based manufacturer of machinery.
Vast Bank NA-Certain AssetsArmstrong Bank,Muskogee,OKArmstrong 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 IncBaldwin Krystyn ShermanBaldwin 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 LlcBaldwin Krystyn ShermanBaldwin 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 IncBentley Systems IncBentley Systems Inc acquired NoteVault Inc, a San Diego-based develops software.
Aptys Solutions LLCCatalyst Corporate FcuCatalyst Corporate Fcu acquired Aptys Solutions LLC, a Norcross-based provider of custom computer programming services.
Trade Alert LLCCboe Global Markets IncCboe Global Markets Inc acquired Trade Alert LLC, a New York City-based provider of data processing and hosting services. Terms were not disclosed.
SovLabs LLCCloudBolt Software IncCloudBolt Software Inc acquired SovLabs LLC, a Norcross-based provider of custom computer programming services.
111 Mw Energy Center Dover LLCDB Energy Assets LLCDB 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.
AgileRatesExcel Impact LLCExcel Impact LLC acquired AgileRates, a North Miami-based online retailer.
X-Chem IncGHO Capital Partners LLPGHO 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 SchoolsGold Coast Schools IncGold 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-PptyGreystar Worldwide LlcGreystar Worldwide LLC acquired the property management business of Alliance Residential Co, a Phoenix-based real estate agency.
Catheter Precision IncHancock Jaffe Laboratories IncHancock 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-BuildingHarrison Ppty LtdHarrison Properties Ltd acquired 10 Building Portfolio of Hibernia Capital Advisors LLC, a Phoenix-based real estate investment firm.
Dunham Engineering IncHMT LLCHMT LLC, a unit of Tailwind Capital Partners LP, acquired Dunham Engineering Inc, a College Station-based provider of engineering services.
Century 21 Potvin RltyHunt Real Estate CorpHunt Real Estate Corp acquired Century 21 Potvin Realty, a Glens Falls-based residential property manager.
Lundqvist Wealth StrategiesIdeal Life Financial AdvisorsIdeal Life Financial Advisors LLC merged with Lundqvist Wealth Strategies LLC, a Granite Bay-based investment advisor.
City Of Rosiclare- WastewaterIllinois American Water CoIllinois 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 LLCIntegrity Marketing Group LLCIntegrity 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 IncIntermax NetworksIntermax Networks acquired Telwest Inc, a Spokane-based voice communications and cabling specialists.
Blue Stream FiberInvestor GroupA 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 LLCJames D McCoolJames D McCool acquired Desert Jet LLC, a Thermal-based provider of airport operation related services, from Denise Wilson.
Wellbridge-Behavioral HealthKindred Healthcare IncKindred 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 IncKyushu Electric Power Co IncKyushu 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 LabsMerieux Nutrisciences CorpMerieux 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,CANetflix IncNetflix 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 LLCNetreo IncNetreo Inc acquired Paraleap Technologies LLC, an Arlington Heights-based provider of data processing and hosting services.
Fluortek IncNordson CorpNordson Corp acquired Fluortek Inc, an Easton-based manufacturer of irradiation apparatuses. Terms were not disclosed.
Mega Energy Holdings LLCNRG Energy IncNRG Energy Inc acquired Mega Energy Holdings LLC, a Sugar Land-based electric power generation facility operator.
Brandis Tallman LLCOppenheimer & Co IncOppenheimer & 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 IncPark Place Technologies LLCPark 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 IncPerformance Columbus LlcPerformance Columbus LLC acquired Bobby Layman Cadillac Gmc Inc, a Carroll-based new car dealer.
Exlon Extrusion IncPexco LLCPexco LLC, a unit of AEA Investors LP, acquired Exlon Extrusion Inc, a Greensboro-based manufacturer of plastics products.
Soluble Therapeutics Inc-AstsPredictive Oncology IncPrecision 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-AssetsPredictive Oncology IncPrecision 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 IncProdege LLCProdege LLC acquired Upromise Inc, a Newton-based portfolio manager, from SLM Corp.
Clever Leaves Intl IncSchultze Special Purpose AcqSchultze 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 LLCSev.en Energy AGSev.en Energy AG of Liechtenstein acquired Blackhawk Mining LLC, a Lexington-based bituminous coal mine operator.
Adweek LLCShamrock Capital Advisors LLCShamrock 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 GroupSirius Computer Solutions IncSirius Computer Solutions Inc, a unit of Clayton Dubilier & Rice LLC, acquired Advanced Systems Group, a Thornton-based reproducer of software, from Horizon Technologies.
Exostar LLCThoma Bravo LLCThoma 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 GraceTraditions Health LLCTraditions 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 IncTransplace IncTransplace Inc, a unit of TPG Capital LP, acquired Scandata Systems Inc, an Austin-based provider of custom computer programming services.
Carolina Marine Terminal IncTranspo Infra Partners LLCTransportation 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 IncWestern Union CoWestern 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