Weekly Wrap: Twilio, ConocoPhillips, Eli Lilly

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Target Acquirer Value ($millions) Synopsis
BioMed Realty Trust Inc Investor Group 14,600.0 An investor group comprised of existing investors agreed to acquire BioMed Realty Trust Inc, a San Diego-based real estate investment trust, from Blackstone Real Estate Partners VIII LP, ultimately owned by Blackstone Group Inc for $14.6 bil.
Segment.io Inc Twilio Inc 3,200.0 Twilio Inc (Twilio) definitively agreed to acquire Segment.io Inc (Segment), a San Francisco-based analytics company, for an estimated $3.2 billion in Twilio Class A common shares. Originally, in October 2020, Twilio rumored to be planning to acquire Segment.
E2open LLC CC Neuberger Principal Hldg I 2,565.0 CC Neuberger Principal Holdings I (PCPL) definitively agreed to merge with E2open LLC (E2open), an Austin-based developer of supply chain management software, from Insight Venture Management LLC in a stock swap reverse takeover transaction for a total value of $2.565 billion . Upon completion, PCPL and E2open shareholders were to own 20% stake and 60% interest in the merged entity, respectively, and the remaining 20% were to own by other investors. The merged entity was to be named E2open Parent Holdings, and will be listed on NYSE under symbol ETWO. Originally, PCPL was rumored to be planning to merge with E2open.
AGRO Merchants N America Hldg Americold Realty Trust 1,743.3 Americold Realty Trust (Americold) definitively agreed to acquire the entire share capital of AGRO Merchants North America Holdings Inc, an Alpharetta-based provider of temperature- controlled warehouse and distribution services, from Agro Merchants Global LP, owned by Agro Merchants GP Ltd, immediately owned by Oaktree Capital Management LP (Oaktree), ultimately owned by Brookfield Asset Management Inc. The transaction was to include Agro Merchants Global Inc. Concurrently, Americold definitively agreed to acquire the entire share capital of Agro Merchants European Intermediate Holdings Sarl, Agro Merchants European Holdings II Sarl, AM Aus Holdco Pty Ltd and Specified Australia Property in Queensland, Australia. The three transactions were to have a combined value of an estimated $1.743 billion. The consideration was to consist of an estimated $519 million in cash, 14.167 million Americold common shares valued at $554.342 million and the assumption of $670 million in liabilities. The shares were valued based on Americold's closing stock price of $39. 13 on 12 October 2020, the last full trading day prior to the announcement. Originally, in September 2020, Oaktree was rumored to be seeking a buyer for its Agro Merchants Group unit.
Disarm Therapeutics Inc Eli Lilly & Co 1,360.0 Eli Lilly & Co definitively agreed to acquire Disarm Therapeutics Inc, a Cambridge-based biotechnology company, for an estimated value of $1.36 billion. The consideration was to consist of $135 million and up to $1.225 billion in profit- related payments.
CarePort Health Inc WellSky Corp 1,350.0 WellSky Corp, a unit of TPG Capital LP, definitively agreed to acquire CarePort Health Inc, a Boston-based provider of care coordination software solutions, from Allscripts Healthcare Solutions Inc for $1.35 bil.
Fin of America Eq Capital LLC Replay Acquisition Corp 1,337.0 Replay Acquisition Corp (Replay) agreed to merge with Finance of America Equity Capital LLC (FAEC), a Irving-based provider of lending and mortgage services, from Blackstone Group Inc, in a stock swap reverse takeover transaction, for a total $1.337 billion. Upon completion, Replay and FEAC shareholders were to own a 17% stake and a 70% interest in the merged entity, respectively. The remaining 13% stake were to be owned by private investors. Originally, in October 2020, Replay was rumored to be merging with FEAC.
Trophy Life Science Portfolio Ventas Life Science 1,000.0 Ventas Life Science & Healthcare Real Estate Fund LP, a unit of Ventas Inc, acquired Trophy Life Science Portfolio, a South San Francisco-based property complex, from Bain Capital LP and Phase 3 Real Estate Partners Inc, for $1 billion. Originally, in September 2020, Ventas Inc was rumored to be planning to acquire South San Francisco Life Science Properties.
iota Biosciences Inc Astellas Pharma Inc 304.0 Astellas Pharma Inc of Japan agreed to acquire the entire share capital of iota Biosciences Inc, a Berkeley-based manufacturer of navigational, measuring, electromedical and control Instruments, for an estimated $304 million. The consideration was to consist of $127.5 million and up to $176.5 million in profit-related payments.
Global Knowledge Training LLC Churchill Capital Corp Ii 233.0 Churchill Capital Corp II (Churchill) planned to acquire Global Knowledge Training LLC, a Cary-based provider of computer training services, from MidOcean Partners LP, for a total $233 million. Concurrently, Churchill agreed to merge with Software Luxembourg Holdings SA.
Imerys Talc America Inc Magris Resources Inc 223.0 Magris Resources Inc of Canada definitively agreed to acquire the bankrupt Imerys Talc America Inc, a Ludlow-based provider of support services for minerals mining, from Imerys SA, owned by Belgian Securities BV, in a leveraged buyout transaction. The three transaction has a combined value of $223 million. Concurrently, Magris agreed to acquire Imerys Talc Vermont Inc and Imerys Talc Canada Inc. Originally, in May 2020, Imerys announced that it was seeking a buyer for bankrupt Imerys Talc America.
BWG Holdings I Corp Helios Technologies Inc 218.5 Helios Technologies Inc definitively agreed to acquire BWG Holdings I Corp, a Costa Mesa-based manufacturer of automatic environmental controls, from AEA Investors LP for a total $218.5 mil.
Kaloko Residential Park LLC Danto USA Inc 200.0 Danto USA Inc, a unit of Danto Holdings Corp, agreed to acquire a 50% interest in Kaloko Residential Park LLC, a Honolulu-based housing constructor, for a total $200 mil.
DF Ventures LLC-Ppty Kushner Cos 113.0 Kushner Cos acquired the 3 property portfolio of DF Ventures LLC, a Newport News-based financial sponsor, ultimately owned by Drucker + Falk LLC, for a total $113 mil.
Eximius Design LLC Wipro Ltd 80.0 Wipro Ltd of India definitively agreed to acquire Eximius Design LLC, a San Jose-based provider of engineering services, for a total $80 mil.
ShiftWizard Inc HealthStream Inc 32.0 HealthStream Inc acquired ShiftWizard Inc, a Morrisville-based software publisher, for a an estimated $32 mil.
Quality Solutions Inc MEDIA DO Co Ltd 14.2 MEDIA DO Co Ltd (MEDIA DO) of Japan planned to acquire the entire share capital of Quality Solutions Inc, a Newburyport-based provider of management consulting services, for a total $14.245 million. Concurrently, MEDIA DO planned to acquire the entire share capital of Netgalley LLC. MEDIA DO offered $14.245 million in combined value.
Yankee Equipment Systems Inc EVI Industries Inc 13.5 EVI Industries Inc (EVI) definitively agreed to acquire the entire share capital of Yankee Equipment Systems Inc, a Barrington-based manufacturer of household laundry equipment, for a total $13.5 million. The consideration was to consist of a combination of cash and EVI common shares.
Ipanema Solutions Llc Allbridge Llc Allbridge LLC merged with Ipanema Solutions LLC, an Ann Arbor-based provider of computer systems design services.
Lendlease Grp-US Telecommun Apollo Global Management Inc Apollo Global Management Inc acquired the US telecommunications tower platform assets (USTP) of Lendlease Group (Lendlease), a Sydney-based housing constructor, in a leveraged buyout transaction. Originally, in September 2020, Lendlease announced that it was seeking a buyer for its non-core assets. On completion, USTP was renamed Parallel Infrastructure.
SaaSLicense LLC Apptio Inc Apptio Inc, a unit of Vista Equity Partners Management LLC, acquired SaaSLicense LLC, a Newton-based provider of data processing and hosting services.
Angus Chemical Co Ardian SAS Ardian SAS of France agreed to acquire a 50% interest in Angus Chemical Co (Angus), a Buffalo Grove-based manufacturer of chemical products, from Golden Gate Capital Inc (Golden), in a leveraged buyout transaction. Originally in October 2019, was rumored to be seeking a buyer for Angus. Terms of the transaction were not disclosed.
Maroon Group LLC Barentz International BV Barentz International BV of Netherlands definitively agreed to acquire Maroon Group LLC, an Avon-based chemical and allied products merchant wholesaler, from CI Capital Partners LLC. Terms were not disclosed.
US Telepacific Corp-Network A California Internet LP California Internet LP acquired the network assets of US Telepacific Corp, a Los Angeles-based wireless telecommunications carrier, ultimately owned by Siris Capital Group LLC.
Vitality Home Healthcare Charter Health Care Group LLC Charter Health Care Group LLC, a unit of Pharos Capital Group LLC, acquired Vitality Home Healthcare, a Denver-based provider of home health care services. Terms were not disclosed.
Heartwood Home Health Charter Health Care Group LLC Charter Health Care Group LLC, a unit of Pharos Capital Group LLC, acquired Heartwood Home Health & Hospice LLC, a West Jordan-based provider of home health care services. Terms were not disclosed.
Concho Resources Inc ConocoPhillips ConocoPhillips was rumored to be planning to acquire the entire share capital of Concho Resources Inc, a Midland-based oil and gas exploration and production company.
FlightBridgeED LLC Critical Care Svcs Inc. Critical Care Services Inc acquired FlightBridgeED LLC, a Scottsville-based college operator.
Reliance Supply Co USA LLC Elvisridge Capital Llc Elvisridge Capital LLC acquired Reliance Supply Co USA LLC, a Pompano Beach-based manufacturer of coatings.
FIFS Holdings Corp Gallatin Point Capital LLC Gallatin Point Capital LLC planned to acquire the entire share capital of FIFS Holdings Corp, a New York City-based provider of consumer lending services, from Aquiline Capital Partners LLC, in a leveraged buyout transaction. Terms were not disclosed.
Hydroponics Depot LLC GrowGeneration Corp GrowGeneration Corp acquired Hydroponics Depot LLC, a Phoenix-based nursery and garden products retailer.
Qubole Inc Idera Inc Idera Inc, a unit of HGGC LLC, acquired Qubole Inc, a Santa Clara-based provider of data processing and hosting services.
Associate Benevolent Society Info Referral & Assistance Information Referral & Assistance Services merged with Associate Benevolent Society, a Clinton-based provider of individual and family social services.
Project Violet Inc Inspirant Grp Inc Inspirant Group Inc acquired Project Violet Inc, a Houston-based provider of administrative management and general management consulting services.
MedeAnalytics Inc JLL Partners Inc JLL Partners Inc acquired MedeAnalytics Inc, a Richardson-based provider of management consulting services, from Thoma Bravo LLC in a secondary buyout transaction. Originally, in September 2020, JLL was rumored to be planning to acquire MedeAnalytics. Previously, TBL acquired MAI in a primary buyout transaction.
Integration Innovation-Portfol Lockheed Martin Corp Lockheed Martin Corp definitively agreed to acquire portfolio of Integration Innovation Inc, a Huntsville-based developer of engineering software.
Glenn G Geiger Co Inc LTC Global Inc LTC Global Inc acquired Glenn G Geiger Co Inc, a Norwalk-based direct life insurance carrier.
Imerys Talc Vermont Inc Magris Resources Inc Magris Resources Inc of Canada (Magris) agreed to acquire the bankrupt Imerys Talc Vermont Inc, a Ludlow-based provider of support services for minerals mining, from Imerys SA, owned by Belgian Securities BV, in a leveraged buyout transaction. The three transaction has a combined value of $223 million. Concurrently, Magris agreed to acquire Imerys Talc America Inc and Imerys Talc Canada Inc. Originally, in May 2020, Imerys announced that it was seeking a buyer for bankrupt Imerys Talc Vermont.
Netgalley LLC MEDIA DO Co Ltd MEDIA DO Co Ltd of (MEDIA DO) Japan planned to acquire the entire share capital of Netgalley LLC, a Newburyport-based provider of computer systems design services. Concurrently, MEDIA DO planned to acquire the entire share capital of Quality Solutions Inc. MEDIA DO offered $14.245 million in combined value.
HG Medical Usa LLC NORD Hldg NORD Holding Unternehmensbeteiligungs GmbH of Germany planned to acquire HG Medical Usa LLC, a Huntington-based medical equipment and supplies merchant wholesaler, in a leveraged buyout transaction.
Premier Vet Care Animal Clinic People Pets & Vets LLC People Pets & Vets LLC acquired Premier Vet Care Animal Clinic PLLC, a Rowlett-based provider of veterinary services.
Solar Cultivation Technologies Pure Harvest Corporate Grp Pure Harvest Corporate Group Inc acquired Solar Cultivation Technologies Inc, a Denver-based solar company.
Mitec Pye-Barker Fire & Safety LLC Pye-Barker Fire & Safety LLC, a unit of Leonard Green & Partners LP, acquired Mitec, a Duluth-based provider of fire and property protection services.
Fenway Sports Group Redball Acquisition Corp RedBall Acquisition Corp, a unit of RedBall SponsorCo LP, was rumored to be planning to merge with Fenway Sports Group, a Boston-based provider of sports management services, from New England Sports Ventures LLC. The terms of the transaction were not disclosed, but according to sources close to the transaction the reported value of the deal was estimated at 8 billion USD.
Lucht Ins Grp LLC-Asset Relation Insurance Inc Relation Insurance Inc, a unit of Aquiline Capital Partners LLC, acquired asset of Lucht Insurance Group LLC, a Muskogee-based insurance agency. Terms were not disclosed.
Duncan Williams Inc South State Corp South State Corp planned to acquire Duncan Williams Inc, a Memphis-based securities brokerage. Terms were not disclosed.
Unit Skin Studio Vitalyc Medspa Vitalyc Medspa acquired Unit Skin Studio, a Dallas-based beauty salon operator.
AlgoLift Inc Vungle Inc Vungle Inc, a unit of Blackstone Group Inc, acquired AlgoLift Inc, a Los Angeles-based software publisher.
Pabcor Mgmt-Cmnty Assn Wward360 Westward360 acquired community association managed portfolio of Pabcor Management, a Prospect Heights-based residential property manager.
US M&A Deals Announced October 09 to October 15, 2020