TargetAcquirerValue of
Transaction
($mil)
Synopsis
Buckeye Technologies IncGeorgia-Pacific LLC1,503.845Georgia-Pacific LLC, a unit of Koch Industries Inc's Koch Forest Products Inc subsidiary, through its GP Cellulose Group LLC wholly owned subsidiary, definitively agreed to acquire the entire share capital of Buckeye Technologies Inc, a Memphis- based manufacturer and wholesaler of specialty cellulose pulps, via tender offer, for $37.5 in cash per share, or a total value of $1.504 billion. The offer was conditioned upon at least 75% of shares being tendered.
Power-One IncABB Ltd1,111.545ABB Ltd of Switzerland agreed to acquire the entire share capital of Power-One Inc, a Camarillo-based manufacturer and wholesaler of power conversion products and inverters, for $6.35 per share, or a total value of 1.112 billion.
RAE Systems IncHoneywell International Inc340.00Honeywell International Inc definitively agreed to acquire RAE Systems Inc, a San Jose-based manufacturer of gas and radiation detection products, from Vector Capital Corp, for $340 million in cash.
Communications Corp of AmericaInvestor Group270.00An investor group comprised of Nexstar Broadcasting Group Inc and Mission Broadcasting Inc, agreed to acquire Communications Corp of America, a Lafayette-based owner and operator of television stations. Concurrently, the investor group agreed to acquire White Knight Broadcasting Inc. The two transactions have a combined value of $270 million.
Met-Pro CorpCECO Environmental Corp220.956CECO Environmental Corp (CECO) definitively agreed to acquire the entire share capital of Met-Pro Corp, a Harleysville-based manufacturer of pollution control, fluid handling and purification equipment, for $220.956 million. CECO offered a choice of 1.352 common shares or $13.75 in cash, subject to proration whereby approximately 53% of the Met- Pro Corp common shares will be exchanged for cash and 47% for CECO common shares. The shares were valued based on CECO's closing stock price of $USD 11.12 on 21 April 2013, the last full trading day prior to the announcement.
Kindred Healthcare Inc-Non-Vibra Healthcare LLC187.00Vibra Healthcare LLC agreed to acquire 17 non- strategic facilities of Kindred Healthcare Inc, a Louisville-based provider of healthcare services, for $187 million.
MPG Office Trust IncBrookfield Office Pptys Inc181.195Brookfield Office Properties Inc of Canada, a unit of Brookfield Asset Management Inc, definitively agreed to acquire the entire share capital of MPG Office Trust Inc (MPG), a Los Angeles-based real estate investment trust, via tender offer for $3.15 in cash per share or a total value of $181.195 million. The offer was conditioned upon at least a majority of MPG's shares being tendered. The transaction was to include its Los Angeles office assets.
Maharam Fabric CorpHerman Miller Inc156.00Herman Miller Inc agreed to acquire the entire capital of Maharam Fabric Corp, a New York-based manufacturer and wholesaler of interior textile products, for an estimated $156 million in cash.
NexGen Storage LLCFusion-io Inc119.706Fusion-io Inc merged with NexGen Storage LLC, a Louisville-based manufacturer of storage system, for an estimated $119.706 million. The consideration consisted of $114 million in cash and the issuance of 0.34 million common shares valued at $5. 706 million. The shares were valued based on Fusion-ios closing stock price of $16. 8 on 23 April 2013, the last full trading day prior to the announcement.
GFTGAIN Capital Holdings Inc107.786GAIN Capital Holdings Inc (GAIN) definitively agreed to acquire the entire share capital of Global Futures & Forex Ltd, a Grand Rapids-based provider of retail forex and derivative trading services, from Gary L. Tilkin, for $107.786 million. The consideration was to consist of $80 million in cash and the issuance of up to 4. 944 million GAIN common shares, valued at $27.786 million. The shares were valued based on GAIN's closing stock price of $5.62 on 24 April 2013, the last full trading day prior to the announcement.
Undis Multifam Res Ppty PortStarlight US Multi-Family Core80.58Starlight US Multi- Family Core Fund of Canada acquired an Undisclosed Multifamily Residential Property Portfolio, a Texas- based owner and operator of apartment buildings, for an estimated $80.58 million. The consideration was to consist of $46.65 in cash and $33.93 in assumed mortgages.
Gastar Exploration Ltd-AssetsCubic Energy Inc46.00Cubic Energy Inc definitively agreed to acquire the East Texas assets of Gastar Exploration Ltd, a Houston-based oil and gas exploration and production company, for an estimated $46 million.
Cool Springs MarketKite Realty Group Trust37.50Kite Realty Group Trust acquired Cool Springs Market, a Franklin-based owner and operator of a shopping center, for $37.5 million.
Aerosonic CorpTransDigm Group Inc31.518TransDigm Group Inc definitively agreed to acquire the entire share capital of Aerosonic Corp, a Clearwater-based manufacturer of precision flight products, via a tender offer for $7. 75 in cash per share, or a total value of $31.518 million. The offer was conditioned upon at least a majority of Aerosonic Corp's shares being tendered.
Bracco Diagnostics-DivisionEmergent BioSolutions Inc26.00Emergent BioSolutions Inc agreed to acquire the Healthcare Protective Products Division of Bracco Diagnostics Inc, a Princeton- based manufacturer of diagnostic pharmaceutical products, and a unit of Bracco SpA, for $26 million in cash.
Tong Well Service LLCXi'An Huacheng Petroleum Tech24.90Xi'An Huacheng Petroleum Technology Service Co Ltd of China planned to acquire a 60% interest in Tong Well Service LLC, a oil exploration and production company and a wholly-owned unit of Tong Oil Tools Co Ltd of China's wholly-owned Tong Petrotech Inc subsidiary, for $24.9 million in a capital enlargement transaction.
Arch Therapeutics IncAlmah Inc20.20Almah Inc (Almah) of Ireland signed a Letter of Intent {LoI} to merge with Arch Therapeutics Inc, a Natick-based manufacturer of pharmaceutical, for 20 million common shares valued at $20.2 million. The shares were valued based on Almahs closing stock price of $1. 01 on 24 April 2013, the last full trading day prior to the announcement.
Normandy HotelModus Hotels16.00Modus Hotels acquired Normandy Hotel, a Washington- based owner and operator of a hotel.
Affineon LightingEvolucia Inc12.00Evolucia Inc signed a letter of intent {LoI} to acquire Affineon Lighting, a Coral Springs-based manufacturer of lighting products, for approximately $12 million.
Red Lion Hotels Corp-KalispellWSPGB Mall LLC11.60WSPGB Mall LLC, a unit of Woodbury Strategic Partners and Goodale & Barbieri Co, acquired the Kalispell Center Mall of Red Lion Hotels Corp, a Spokane- based owns and operates hotels and motels, for $11. 6 million.
Titanium Asset Management CorpTAMCO Holdings LLC7.824TAMCO Holdings LLC planned to launch a tender offer to acquire the remaining 39.627 % stake, or 7.824 million common shares, which it did not own in Titanium Asset Management Corp, a Milwaukee-based blank check company, for $1 per share, or a total value of $7.824 million.
Idhasoft LtdPrism Informatics Ltd2.00Prism Informatics Ltd, a unit of Idhasoft Ltd, agreed to raise its stake to 55.53% from 38.28%, by acquiring a 17.25% stake, in Idhasoft Ltd, an Atlanta-based provider of information technology services, for $2 million.
Scapa Holdings Georgia IncIndustrial Legacy Holdings Inc.25Industrial Legacy Holdings Inc of Bermuda, a unit of Armour Group Holdings Ltd, acquired Scapa Holdings Georgia Inc, a Windsor-based manufacturer and wholesaler of bonding and adhesive products, from Scapa Group PLC, for $0.25 million in cash.
Scrubnuts IncHemp Inc.223Hemp Inc (Hemp) acquired Scrubnuts Inc, a New York- based manufacturer of medical scrubs, in exchange for $0. 135 million and 2 million common shares valued at $0.223 million. The shares were valued based on Hemp's closing stock price of $0.044 on 22/ April/2013, the last full trading day prior to the announcement.
FanTD LLCMGT Sports Inc.20MGT Sports Inc, a wholly- owned unit of MGT Capital Investments Inc (Capital), agreed to acquire a 65% interest in FanTD LLC, a Saratoga Springs-based provider of online fantasy sports services, for $0.2 million in cash and the issuance of 0.628 million Capital restricted common shares.
TMR Inc1-800 We Answer Inc 1-800 We Answer Inc acquired TMR Inc, a Broomall- based provider of data collection services.
Doctor Research Group Inc-AsstAbyrx Inc Abyrx Inc acquired the assets of Doctor Research Group Inc, a Southbury-based provider of medical and health services. Terms were not disclosed. Concurrently, Abyrx Inc acquired the assets of ORTHOCON Inc.
ORTHOCON Inc-AssetsAbyrx Inc Abyrx Inc acquired the assets of ORTHOCON Inc, a Irvington-based provider of medical and health services. Terms were not disclosed. Concurrently, Abyrx Inc acquired the assets of Doctor Research Group Inc.
ParAccel IncActian Corp Actian Corp acquired ParAccel Inc, a San Diego- based developer of software. Terms were not disclosed.
w2bi IncAdvantest Corp Advantest Corp of Japan agreed to acquire w2bi Inc, a South Plainfield-based developer of software solutions. Terms were not disclosed.
Freedom Pharmaceuticals LLCArseus NV Arseus NV of Belgium acquired Freedom Pharmaceuticals LLC, a Tulsa- based wholesaler of pharmaceuticals. Terms were not disclosed.
Javelin Semiconductor IncAvago Technologies Ltd Avago Technologies Ltd acquired Javelin Semiconductor Inc, an Austin- based manufacturer of semiconductors. Terms were not disclosed.
KZO Innovations IncBedford Funding Bedford Funding acquired KZO Innovations Inc, a Reston- based provider of online video technology services, in a leveraged buyout transaction.
Strategic PartnersBlackstone Group LP Blackstone Group LP agreed to acquire Strategic Partners, a private equity firm, from Credit Suisse Group AG, in a leveraged buyout transaction. Terms were not disclosed.
Midwest Sales IncDistribution International Inc Distribution International Inc, a unit of Audax Group LP, acquired Midwest Sales Inc, a Saginaw- based wholesaler of insulation products.
Lakeside Credit UnionEducators Credit Union Educators Credit Union merged with Lakeside Credit Union, an Oak Creek-based provider of credit services.
Synagro Technologies IncEQT Infrastructure II GP BV EQT Infrastructure II GP BV of the Netherlands, a unit of EQT Partners BV, agreed to acquire Synagro Technologies Inc (STI), a Houston-based provider of waste management and disposal services, from The Carlyle Group LLC (Carlyle), a unit of The Carlyle Group LP. Originally, in January 2013, Carlyle was rumored to be seeking a buyer for its Synagro unit. An undisclosed Swedish private equity firm was rumored to be a potential bidder.
Parse IncFacebook Inc Facebook Inc (Facebook) agreed to acquire Parse Inc, a San Francisco-based developer of mobile application software, from Ignition Venture Partners and other shareholders. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at an estimated $85 million in cash and Facebook common stock.
Georgian Manganese LLCGeorgian American Alloys Inc Georgian American Alloys Inc acquired the remaining undisclosed stake, which it did not already own, in Georgian Manganese LLC, an investment holding company.
Radomes IncGlobal Aviation Co Global Aviation Co acquired Radomes Inc, a Norcross-based wholesaler of replacement components.
Springs Window FashionsGolden Gate Capital Golden Gate Capital definitively agreed to acquire Springs Window Fashions LLC, a Middleton- based manufacturer of drapery hardware, blinds, and shades, from Heartland Industrial Partners LP, a unit of VF II Holdings LLC, in a leveraged buyout transaction. Terms were not disclosed.
Wavii IncGoogle Inc Google Inc was rumored to be planning to acquire Wavii Inc, a Seattle-based developer of news summarization application software. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at an estimated $30 million in cash.
Pegasus Financial Services LLCHIG Capital LLC HIG Capital LLC acquired Pegasus Financial Services LLC, a Dallas-based provider of payment processing services, from Pegasus Solutions Inc, in a leveraged buyout transaction. Terms were not disclosed.
UrbanCode IncIBM Corp International Business Machines Corp {IBM} acquired UrbanCode Inc, a Cleveland- based developer of software delivery solutions.
TDCI IncInfor Global Solutions Inc Infor Global Solutions Inc, a unit of Golden Gate Capital, signed a Letter of Intent {LoI} to acquire TDCI Inc, a Columbus-based developer of enterprise solutions software. Terms were not disclosed.
Tatano Wire & Steel-CertainInsteel Wire Products Co Insteel Wire Products Co, a wholly-owned unit of Insteel Industries Inc, acquired the certain assets of Tatano Wire & Steel Inc, a Canonsburg-based manufacturer and wholesaler of steel wire products.
Willamette Valley-Berry BusInventure Foods Inc Inventure Foods Inc signed a Letter of Intent {LoI} to acquire the berry processing business of Willamette Valley Fruit Co LLC, a Salem-based producer and wholesaler of berry products.
Neon Workforce TechnologiesInvestor Group A management-led investor group acquired Neon Workforce Technologies Inc, a Gadsden-based provider of tax credit recovery services, in a leveraged buyout transaction.
White Knight Broadcasting IncInvestor Group An investor group comprised of Nexstar Broadcasting Group Inc and Mission Broadcasting Inc, agreed to acquire White Knight Broadcasting Inc, a Lafayette-based owner and operator of television stations. Concurrently, the investor group agreed to acquire Communications Corp of America. The two transactions have a combined value of $270 million.
Southern Aerosols IncJohn Roach John Roach acquired Southern Aerosols Inc, a Cleveland-based manufacturer of industrial coatings. Terms were not disclosed.
Aegis Security Insurance CoK2 Insurance Services LLC K2 Insurance Services LLC acquired Harrisburg-based Aegis Security Insurance Co.
Thilmany LLCKPS Capital Partners LP KPS Capital Partners LP definitively agreed to acquire Thilmany LLC, a Kaukauna-based manufacturer of packaging equipment and other paper packaging products, from Kohlberg & Co LLC, in a leveraged buyout transaction.
Tradesman Truck-AssetsLund Intl Holdings Inc Lund International Holdings Inc, a unit of Lund International Holdings Inc SPV, acquired the assets of Tradesman Truck Accessories LLC, a Winters-based manufacturer and wholesaler of automotive accessories.
Freedom OSS Inc-Cetain AssetsLuxoft Ltd Luxoft Ltd of Russia, a unit of Information Business Systems {IBS} acquired the certain assets and open- source solutions of Freedom OSS Inc, a Newtown-based provider of information technology services.
Cornerstone Accounting GroupMarcum LLP Marcum LLP merged with Cornerstone Accounting Group LLP, a New York-based provider of accounting and assurance services.
Walt's Auto Care Centers IncMeineke Car Care Centers Inc Meineke Car Care Centers Inc, a unit of Harvest Partners LPs Driven Brands Inc unit, acquired Walt's Auto Care Centers Inc, a Tacoma-based provider of automotive repair services.
Tippr LLC,Groupalicious LLCnCrowd Inc nCrowd Inc acquired Tippr LLC and Groupalicious LLC, a Seattle-based providers of ecommerce retail services.
IGI CorpNekoosa Coated Products LLC Nekoosa Coated Products LLC, a wholly-owned unit of Wingate Partners LP, acquired IGI Corp, a South Plainfield- based manufacturer and distributor of digital printing products. Terms were not disclosed.
Nuveen Mun High Inc Opp Fd 2Nuveen Muni High Income Fd Nuveen Municipal High Income Opportunity Fund (Nuveen) planned to acquire the entire outstanding common shares of Nuveen Municipal High Income Opportunity Fund 2, a Chicago-based closed-end investment fund, in exchange for newly-issued Nuveen common shares and preferred shares.
Lucid Appeal LLCOneUp Games LLC OneUp Games LLC acquired Lucid Appeal LLC, a Los Angeles-based developer of mobile software.
Coinmach Service CorpPamplona Capital Management Pamplona Capital Management LLP of the UK acquired Coinmach Service Corp, a Plainview-based provider of outsourced laundry services, in a leveraged buyout transaction.
Hartville CentrePhillips Edison-ARC Shopping Phillips Edison-ARC Shopping Center REIT Inc acquired Hartville Centre, an Akron-based owner and operator of shopping centers. Terms were not disclosed.
Lebanon Valley Flowers & GiftsRoyer's Flowers & Gifts Royer's Flowers & Gifts, a wholly-owned unit of Gerald Stevens Inc, acquired Lebanon Valley Flowers & Gifts, a Lebanon-based wholesaler of flowers. Terms were not disclosed.
Royalty Management CoShareholders Theravance Inc planned to spin off its Royalty Management Co unit, a manufacturer of prescription pharmaceuticals, to its shareholders.
Shannon GroupSJL Holdings LLC SJL Holdings LLC acquired Shannon Group, a Washington-based provider of legal career consulting and recruitment services.
Hoigaard's IncSpecialty Sports Venture LLC Specialty Sports Venture LLC, a unit of Vail Resorts Inc, acquired Hoigaard's Inc, a Minneapolis-based retailer of outdoor equipment and apparel.
Cambric CorpTata Technologies Ltd Tata Technologies Ltd of India, a unit of Tata Motors Ltd, definitively agreed to acquire Cambric Corp, a Salt Lake City-based provider of end-to-end engineering services.
TSD Crane & Rigging IncTNT Crane & Rigging Inc TNT Crane & Rigging Inc (TNT), a unit of Odyssey Investment Partners LLC, acquired TSD Crane & Rigging Inc, a Mesquite-based provider of crane rental services. Concurrently, TNT acquired Greenergy Construction & Maintenance LLC.
Greenergy Construction LLCTNT Crane & Rigging Inc TNT Crane & Rigging Inc (TNT), a unit of Odyssey Investment Partners LLC, acquired Greenergy Construction & Maintenance LLC, a Mineral Wells-based provider of crane rental services. Concurrently, TNT acquired TSD Crane & Rigging Inc.
BridgeLux Inc-GaN-on-SiliconToshiba Corp Toshiba Corp of Japan agreed to acquire the GaN-on- Silicon technology and related assets of BridgeLux Inc, Livermore-based manufacturer of light- emitting diode and a unit of Harris & Harris Group Inc.
Ocera Therapeutics IncTranzyme Pharma Inc Tranzyme Pharma Inc (Tranzyme), through its wholly owned unit definitively agreed to acquire the entire share capital of Ocera Therapeutics Inc (Ocera), a San Diego- based biopharmaceutical company. Upon completion, Tranzyme were to own 27.4% stake in Ocera.
Sew Unique EmbroideryVan's Flags & Flagpoles Van's Flags & Flagpoles acquired Sew Unique Embroidery, a Rockville-based manufacturer of embroidery products.
Saxis Group LLCWeeden Investors LP Weeden Investors LP acquired Saxis Group LLC, a New York-based provider of brokerage services. Terms were not disclosed.