Weekly wrap: Verizon, Mill Point, Wynnchurch

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US M&A Deals Announced April 10 to 16, 2020
Target Acquirer Value ($millions) Synopsis
ICS Corp-Distn Warehouse Clarion Partners Re Income 20.2 Clarion Partners Real Estate Income Fund Inc acquired distribution warehouse of ICS Corp, a West Deptford-based provider of direct mail advertising services, for a total $20. 2 mil.
Tamir Biotech Inc-Asts Orgenesis Inc 19.0 Orgenesis Inc agreed to acquire assets of Tamir Biotechnology Inc, a San Diego-based manufacturer of biological products, for an estimated $19 million in cash.
Leyden I B9 Polar Leyden Llc 13.9 B9 Polar Leyden LLC acquired Leyden I, a Minneapolis-based provider of land subdivision services, for a total $13.94 million. Concurrently, B9 Polar Leyden LLC acquired Leyden II.
Leyden II B9 Polar Leyden Llc 8.8 B9 Polar Leyden LLC acquired Leyden II, a Minneapolis-based provider of land subdivision services, for a total $8.83 million. Concurrently, B9 Polar Leyden LLC acquired Leyden I.
Kmart Property,North Canton,OH North Canton City-Ohio 4.4 The US state-owned North Canton City-Ohio acquired Kmart Property, a North Canton-based lessor of nonresidential buildings, for a total $4.4 mil.
E Mergent RC Aegis Technologies Aegis Technologies acquired E Mergent RC, a Huntsville-based manufacturer of aircrafts.
Lumina Technologies Inc BitGo Inc BitGo Inc acquired Lumina Technologies Inc, a San Francisco-based provider of data processing and hosting services.
Robotic Beverage Tech Inc CocoTaps LLC CocoTaps LLC acquired Robotic Beverage Technologies Inc, an Oakland-based manufacturer of food product machinery.
Arxan Technologies Inc Digital.ai Software Inc Digital.ai Software Inc, jointly owned by CollabNet Inc and XebiaLabs Inc, acquired the entire share capital of Arxan Technologies Inc, a Bethesda-based developer of security software, from TA Associates Management LP.
Steelyard Apartments,MO Hamilton Zanze & Co Hamilton Zanze & Co acquired Steelyard Apartments, a St. Louis-based lessor of residential buildings and dwellings.
Cumberland Consulting Grp-Life IntegriChain Inc IntegriChain Inc, a unit of Accel-KKR LLC, acquired life sciences division of Cumberland Consulting Group LLC, a Franklin-based provider of computer facilities management services, ultimately owned by Tailwind Capital Partners LP.
The Brokerage Resource Inc Integrity Marketing Group LLC Integrity Marketing Group LLC, a unit of HGGC LLC, acquired The Brokerage Resource Inc, an Apex-based insurance agency.
Preston Ctr Office Investor Group An investor group, comprised of HPI Real Estate Services & Investments and Bandera Ventures acquired Preston Center Office Portfolio(3), a Dallas-based owner and operator of office buildings. Terms of the transaction were not disclosed.
Knight Enterprises Mill Point Capital LLC Mill Point Capital LLC, a unit of Millstein & Co LP, acquired Knight Enterprises, a Clearwater-based wired telecommunications carrier, in a leveraged buyout transaction.
CTEH Montrose Environmental Grp Inc Montrose Environmental Group Inc acquired CTEH, a North Little Rock-based provider of environmental consulting services. Terms were not disclosed.
Lawn Butler LLC Outworx Group Aero Operating LLC (Aero Operating), a unit of Dejana Industries Inc, owned by Mill Point Capital LLC, ultimately owned by Guggenheim Partners LLC, acquired Lawn Butler LLC, a Centerville-based landscaping and snow removal company. Concurrently, Aero Operating acquired GroundTek of Central Florida LLC and The Shepherd's Landscaping LLC. On completion, Aero Operating was renamed Outworx Group.
GroundTek of Central Florida Outworx Group Aero Operating LLC (Aero Operating), a unit of Dejana Industries Inc, owned by Mill Point Capital LLC, ultimately owned by Guggenheim Partners LLC, acquired GroundTek of Central Florida LLC, an Ocoee-based landscaping company. Concurrently, Aero Operating acquired Lawn Butler LLC and The Shepherd's Landscaping LLC. On completion, Aero Operating was renamed Outworx Group.
The Shepherd's Landscaping LLC Outworx Group Aero Operating LLC (Aero Operating), a unit of Dejana Industries Inc, owned by Mill Point Capital LLC, ultimately owned by Guggenheim Partners LLC, acquired The Shepherd's Landscaping LLC, a Belleview-based landscaping company. Concurrently, Aero Operating acquired Lawn Butler LLC and GroundTek of Central Florida LLC. On completion, Aero Operating was renamed Outworx Group.
PolymerPlus LLC Peak Nanosystems LLC Peak Nanosystems LLC acquired PolymerPlus LLC, a Valley View-based manufacturer of plastics materials. Terms were not disclosed.
World Wind & Solar Pearce Svcs Llc Pearce Services LLC (PS) acquired World Wind & Solar, a Tehachapi-based alternative energy sources establishment. Concurrently, PS acquired MaxGen Energy Services LLC.
MaxGen Energy Services LLC Pearce Svcs Llc Pearce Services LLC (PS) acquired MaxGen Energy Services LLC, a Costa Mesa-based alternative energy sources establishment, from Solarrus Corp. Concurrently, PS acquired World Wind & Solar.
RocketBuild LLC Recruit Rooster Recruit Rooster acquired RocketBuild LLC, an Indianapolis-based provider of custom computer programming services.
Lexington Rlty Tr-Amazon Sentinel Net Lease Sentinel Net Lease acquired Amazon Customer Service Center of Lexington Realty Trust, a New York City-based lessor of nonresidential buildings.
Kwantek LLC TEAM Software Inc TEAM Software Inc acquired Kwantek LLC, a Louisville-based provider of custom computer programming services.
Decker Tychostup & Friedman The Law Office of Ross W Alber The Law Office of Ross W Albers LLC, doing business as Albers & Associates, merged with Decker Tychostup & Friedman LLC, a Baltimore-based law office.
Kreative Grp The Stable The Stable acquired the entire share capital of Kreative Group, a Bentonville-based provider of marketing consulting services.
Nuclear Imaging Services LLC The Tomayko Group LLC The Tomayko Group LLC acquired Nuclear Imaging Services LLC, a Houston-based diagnostic imaging center operator. The transaction was to include NISotopes. Concurrently TTG acquired Molecular Imaging Specialists LLC.
Molecular Imaging Specialists The Tomayko Group LLC The Tomayko Group LLC (TTG) acquired Molecular Imaging Specialists LLC, a Fort Lauderdale-based diagnostic imaging center operator. Concurrently TTG acquired Nuclear Imaging Services LLC.
Chapman & Chapman Inc USI Insurance Services LLC USI Insurance Services LLC acquired Chapman & Chapman Inc, a Twinsburg-based regional employee benefit and retirement consulting firm. Terms of the transaction were not disclosed.
Blue Jeans Network Inc Verizon Communications Inc Verizon Communications Inc definitively agreed to acquire Blue Jeans Network Inc, a Mountain View-based provider of video conferencing services.
Symplur LLC W2O Group W2O Group acquired Symplur LLC, a Pasadena-based provider of data processing and hosting services. Terms were not disclosed.
Wstn Forge & Flange Co-Asts Wynnchurch Capital LLC Wynnchurch Capital LLC acquired assets of Western Forge & Flange Co, a Cleveland-based wholesaler of industrial machinery and equipment merchant, in a leveraged buyout transaction.