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. |