Date Announced | Target | Acquirer | Value ($millions) | Synopsis | |
---|---|---|---|---|---|
08/28/13 | The Peabody Orlando | Hyatt Hotels Corp | 717.0 | Hyatt Hotels Corp, through its undisclosed subsidiary, agreed to acquire The Peabody Orlando, an owner and operator of hotels, from Belz Enterprises' Peabody Hotel Group Inc subsidiary, for an estimated $717 mil. Upon completion, The Peabody Orlando was to change its name to Hyatt Regency Orlando Convention Center. | |
08/26/13 | TMS International Corp | The Pritzker Organization LLC | 692.3 | The Pritzker Organization LLC definitively agreed to acquire the entire share capital of TMS International Corp (TMS), a Glassport-based provider of outsourced industrial services, for $17.5 in cash per share, or a total value of $692.297 ml, including the assumption of an undisclosed amount in liabilities. Upon completion, TMS common shares were to be delisted in the New York Stock Exchange. | |
08/27/13 | Hi-Tech Pharmacal Co Inc | Akorn Inc | 602.0 | Akorn Inc, through an undisclosed subsidiary, definitively agreed to acquire the entire share capital of Hi-Tech Pharmacal Co Inc, an Amityville-based manufacturer of pharmaceutical products, for $43.5 in cash per share or a total value of $601.989 mil. | |
08/28/13 | Capital Power-Power Plants(3) | Emera Inc | 541.0 | Emera Inc of Canada agreed to acquire three New England power plants of Capital Power Corp, an Edmonton-based electric utility company, for $541 mil. | |
08/26/13 | Amplimmune Inc | MedImmune Inc | 500.0 | MedImmune Inc, a wholly- owned unit of AstraZeneca PLC, definitively agreed to acquire the entire share capital of Amplimmune Inc, a Gaithersburg-based biotechnology company, for an estimated $500 mil. The consideration was to consist of $225 million and up to $275 million in profit-related payments. | |
08/26/13 | GlobeComm Systems Inc | Wasserstein & Co LP | 338.6 | Wasserstein & Co LP definitively agreed to acquire the entire share capital of GlobeComm Systems Inc, a Hauppauge-based provider of satellite communications services, for $14.15 in cash per share, or a total value of $338. 647 mil, in a leveraged buyout transaction. | |
08/26/13 | Sage Creek Gas Processing | ONEOK Partners LP | 305.0 | ONEOK Partners LP planned to acquire the Sage Creek Gas Processing Plant, located in Wyoming, for $305 mil. | |
08/29/13 | F&M Bancorp Inc | Prosperity Bancshares Inc | 243.9 | Prosperity Bancshares Inc (Prosperity) definitively agreed to merge with F&M Bancorp Inc, a Tulsa-based bank holding company, for $243.872 mil. The consideration was to consist of the issuance of 3.298 million Prosperity common shares, valued at $196.872 mil, and $47 million in cash. The shares were valued based on Prosperity's closing stock price of $59.69 on 28 August 2013, the last full trading day prior to the announcement. | |
08/28/13 | Boca Pharmacal LLC | Generics Intl (US Parent) Inc | 225.0 | Generics International (US Parent) Inc dba Qualitest Pharmaceuticals Inc, a unit of Endo Health Solutions Inc, definitively agreed to acquire Boca Pharmacal LLC, a Coral Springs-based manufacturer of generic pharmaceuticals, for $225 million in cash. | |
08/28/13 | Westin Galleria Dallas | Inland American Lodging Group | 220.0 | Inland American Lodging Group Inc (Inland), a unit of The Inland Real Estate Group of Cos Inc's Inland American Real Estate Trust Inc subsidiary, acquired Westin Galleria Dallas, a Dallas- based owner and operator of a hotel, from a joint venture between Starwood Hotels & Resorts Worldwide Inc and Hines. Concurrently, Inland acquired Westin Oaks Houston. The transaction had a combined value of approximately, $220 mil. | |
08/28/13 | Southernmost Hotel Collection | LaSalle Hotel Properties | 184.5 | LaSalle Hotel Properties acquired Southernmost Hotel Collection, a Key West-based owner and operator of hotels, for $184.5 mil. Originally, in May 2013, Southernmost Hotel Collection was seeking a buyer for the company. | |
08/27/13 | ING Real Estate Finance-Loans | Wells Fargo Bank NA | 112.0 | Wells Fargo Bank NA, a unit of Wells Fargo & Co, agreed to acquire a portfolio of 29 real estate loans of ING Real Estate Finance (ING), a New York-based provider of financial services, and a unit of ING Groep NV, for $112 mil, based on the 7% standard capitalization rate. Originally, ING was rumored to be seeking a buyer for its loan portfolio. | |
08/28/13 | Serrano Hotel,San Francisco | LaSalle Hotel Properties | 71.5 | LaSalle Hotel Properties acquired Serrano Hotel, a San Francisco-based owner and operator of hotels, for $71.5 mil. | |
08/27/13 | Maguire Aviation Group LLC | Signature Flight Support Corp | 69.0 | Signature Flight Support Corp, a unit of BBA Aviation PLC, agreed to acquire Maguire Aviation Group LLC, a Van Nuys-based provider of fixed based operator services, for $69 million in cash. | |
08/28/13 | Xponential Inc-Pawnshops(34) | Cash America International Inc | 62.0 | Cash America International Inc agreed to acquire 34 pawnshops of Xponential Inc, a Norcross- based owner and operator of pawnshops, for an estimated $62 million in cash. | |
08/28/13 | Hotel Modera | Pebblebrook Hotel Trust | 47.5 | Pebblebrook Hotel Trust acquired Hotel Modera, an owner and operator of hotels, for $47.5 mil. | |
08/28/13 | National Education Seminars | American Public Education Inc | 46.0 | American Public Education Inc definitively agreed to acquire the entire share capital of National Education Seminars Inc, a Westerville-based owner and operator of schools, for approximately $46 million in cash. The transaction was to include Hondros College, nursing programs. | |
08/28/13 | Piezotech LLC | Meggitt PLC | 41.2 | Meggitt PLC of the UK agreed to acquire Piezotech LLC, a Indianapolis-based manufacturer of ultrasonic and sensor products, for $41.2 million in cash. | |
08/28/13 | Salt Life Holdings LLC | To The Game LLC | 37.0 | To The Game LLC, a unit of Delta Apparel Inc, acquired Salt Life Holdings LLC, a Jacksonville-based manufacturer and wholesaler of ocean apparel and accessories, for $37 mil. The consideration consisted of $15 million in cash, $22 million in promissory notes, and up to an undisclosed amount in profit related payments. | |
08/28/13 | Analysts International Corp | ACS Merger Corp | 33.0 | US -ACS Merger Corp, a wholly owned unit of American CyberSystems Inc definitively agreed to launch a tender offer to acquire the entire share capital of Analysts International Corp, a Minneapolis-based provider of information technology services, for $6.45 cash per share or a total value of $33.009 million. | |
08/29/13 | Teradek LLC | Vitec Group PLC | 30.5 | Vitec Group PLC of the UK agreed to acquire Teradek LLC, an Irvine-based manufacturer and wholesaler of wireless video equipment, for $29.733 mil. The consideration was to consist of $12.9 million in cash, the issuance of 0.214 mil, valued at $2.07 mil, and up to $15.5 million in profit- related payments.. The shares were valued based on Vitec's closing stock price of $9. 633 million on 28 August 2013, the last full trading day prior to the announcement. | |
08/28/13 | Deer Grove Shopping Centre | Ramco-Gershenson Properties | 20.0 | Ramco-Gershenson Properties Trust acquired Deer Grove Shopping Centre, a Palatine-based owner and operator of shopping center, for $20 million in cash. | |
08/26/13 | Crown Reef Resort,Myrtle Beach | Crown Reef Resport LLC | 16.1 | Crown Reef Resort LLC acquired the Crown Reef Resort, a Myrtle Beach-based owner and operator of a hotel, for $16.1 mil. | |
08/27/13 | Customer Focused Marketing Inc | DealerTrack Technologies Inc | 14.8 | DealerTrack Technologies Inc agreed to acquire Customer Focused Marketing Inc, an Irving-based provider of customer relationship management and marketing services, for an estimated $14.75 mil. The consideration was to consist of $13 million in cash and up to $1.75 million in profit- related payments. | |
08/28/13 | 1st Financial Services Corp | First Citizens Bank & Trust Co | 10.0 | First Citizens Bank & Trust Co, a wholly-owned unit of First Citizens Bancshares Inc definitively agreed to merge with Hendersonville- based 1st Financial Services Corp, for $10 million in cash. The consideration was to consist of $2 million cash for all outstanding common shares and $8 million cash for all outstanding cumulative preferred shares A. The acquisition was to include Mountain 1st Bank & Trust Co. | |
08/27/13 | Cherokee Banking Inc | Hamilton State Bancshares Inc | 8.5 | Hamilton State Bancshares Inc agreed to acquire Cherokee Banking Inc, a Canton-based bank holding company, for $8.5 million in cash. | |
08/26/13 | C & C Power Line Inc | Power Corp of America | 7.0 | Power Corp of America, a wholly owned unit of Goldfield Corp planned to acquire C & C Power Line Inc, a Jacksonville-based provider of electrical construction services, for an estimated $7 mil. | |
08/28/13 | Purified Renewable-Plant | West Ventures LLC | 5.0 | West Ventures LLC acquired the ethanol production plant of Purified Renewable Energy LLC (Purified), a Buffalo Lake- based manufacturer of ethanol, for $5 mil. Originally, In June 2012, Purified was seeking a buyer for its ethanol production plant, via an auction. | |
08/26/13 | CRI Inc | Synalloy Corp | 4.6 | Synalloy Corp acquired CRI Inc, a Fountain Inn-based manufacturer of industrial chemicals, for $4.55 mil. | |
08/28/13 | InaVein LLC | LeMaitre Vascular Inc | 3.9 | LeMaitre Vascular Inc acquired InaVein LLC, a Lexington-based manufacturer of medical instrument, for $3.9 mil. The transaction consisted of $2.5 million in cash and up to $1.4 million in profit related payments. | |
08/27/13 | PrecisionIR Group Inc | Issuer Direct Corp | 3.5 | Issuer Direct Corp acquired the entire share capital of PrecisionIR Group Inc, a Richmond-based provider of communication solutions, for an estimated $3.45 million in cash. | |
08/26/13 | Pathwork Diagnostics Inc | Response Genetics Inc | 1.1 | Response Genetics Inc (Response Genetics)acquired Pathwork Diagnostics Inc, a Redwood City-based provider of research and development services, for $1.14 mil. The consideration was to consist of $0.2 million in cash and the issuance of 0.5 million Response Genetics common shares, valued at $0.94 mil. The shares were valued based on Response Genetics' closing stock price of $1. 88 on 23 August 2013, the last full trading day prior to the announcement. | |
08/26/13 | eDiets.com-Fresh & Frozen Bus | Chefs Diet National Co LLC | 1.1 | Chefs Diet National Co LLC, a unit of Chef's Diet Holding Co LLC, agreed to acquire the fresh and frozen meal delivery business of eDiets.com Inc (eDiets), a Pompano Beach-based provider of online diet, nutrition, fitness, and motivation information services, and a unit of As Seen On TV Inc, for an estimated $1.1 mil. Originally, in October 2010, eDiets announced that it was seeking a buyer for certain non-strategic assets. | |
08/26/13 | Ceregene Inc | Sangamo BioSciences Inc | 1.0 | Sangamo BioSciences Inc (Sangamo) definitively agreed to acquire Ceregene Inc, a San Diego-based biotechnology company, for $0.999 mil. The consideration was to consist of the issuance of 0. 1 million Sangamo common shares, valued at $0.999 mil, and up to an undisclosed amount in profit-related payments. The shares were valued based on Sangamo's closing stock price of $9.99 on 23 August 2013, the last full trading day prior to the announcement. | |
08/26/13 | Swan Valley Gas Corp | Manitoba Hydro Electric Board | 0.2 | CANADA - Manitoba Hydro Electric Board agreed to acquire Swan Valley Gas Corp, a provider of natural gas distribution services, from Saskenergy Inc. | |
08/26/13 | Direct Edge Holdings LLC | BATS Global Markets Inc | BATS Global Markets Inc (BATS) definitively agreed to merge with Direct Edge Holdings LLC (Direct), a Jersey City-based provider of security brokerage services. Terms were not disclosed. Originally, in August 2013, BATS was rumored to be planning to merge with Direct. | ||
08/26/13 | E&R Industrial Sales Inc | WW Grainger Inc | WW Grainger Inc acquired E&R Industrial Sales Inc, a Sterling Heights-based wholesaler of industrial supplies. Terms were not disclosed. | ||
08/26/13 | Elypsis Winery | WineDirect | WineDirect acquired Elypsis Winery, a Napa-based provider of software products and consulting services. | ||
08/26/13 | Dakota Plains Cooperative | CHS Inc | CHS Inc, a unit of Hamilton Farm Bureau Co- Operative Inc, planned to merge with Dakota Plains Cooperative, a Valley City- based producer and wholesaler of seeds and feeds. | ||
08/26/13 | American Roland Food Corp | Vestar Capital Partners VI LP | Vestar Cuapital Partners VI LP, a unit of Vestar Capital Partners Inc, definitively agreed to acquire an undisclosed majority interest in, American Roland Food Corp, a New York-based producer of specialty food products, in a leveraged buyout transaction. Terms were not disclosed. The transaction was to include Bruno Scheidt Inc, Pro Warehouse Corp and Costamar Corp. | ||
08/26/13 | Dickinson & Associates Inc | Arthur J Gallagher & Co | Arthur J Gallagher & Co acquired Dickinson & Associates Inc, a Chicago- based provider of employee benefits insurance brokerage and SAP management consulting services. Terms were not disclosed. | ||
08/26/13 | Medtronic Inc-Pioneer Plus | Volcano Corp | Volcano Corp agreed to acquire the Pioneer Plus Re- Entry Catheter product line of Medtronic Inc, a Minneapolis-based manufacturer and wholesaler of medical and surgical devices. | ||
08/26/13 | Cardiothoracic & Vascular | OhioHealth Corp | OhioHealth Corp acquired Cardiothoracic & Vascular Surgical Specialists Inc, a Columbus-based owner and operator of surgical center. | ||
08/26/13 | U Pull It Auto Parts Inc-Used | Pull-A-Part | Pull-A-Part acquired the 2 used auto parts businesses, located in Brownsville, Texas and Tucson, Arizona, of U Pull It Auto Parts Inc, a Sandusky-based wholesaler of used and recycled auto parts, from The Johnson Development Corp, a unit of Magic Johnson Enterprises. | ||
08/26/13 | Colorado CustomWare Inc | Seeking Buyer | In August 2013, bankrupt Colorado CustomWare Inc, a Fort Collins-based developer of prepackaged software, was rumored to be seeking a buyer for the company. | ||
08/26/13 | Means Knaus Partners LP | Jones Lang LaSalle Inc | Jones Lang LaSalle Inc acquired Means Knaus Partners LP, a Houston-based real estate investment and management firm. | ||
08/26/13 | Summit CMT | S.W. Cole Engineering Inc | US- S. W. Cole Engineering Inc acquired Summit CMT, a Lewiston-based construction material testing. | ||
08/26/13 | BestVendor Inc | Docstoc Inc | Docstoc Inc acquired BestVendor Inc, a New York- based provider of ecommerce services. | ||
08/26/13 | Nellson Nutraceutical Inc | Kohlberg & Co LLC | Kohlberg & Co LLC acquired Nellson Nutraceutical Inc, an Irwindale-based producer of nutritional supplements, from Calera Capital, in a secondary buyout transaction. Terms were not disclosed. Originally, in April 2013, Calera Capital was rumored to be seeking a buyer for its Nellson Nutraceutical Inc unit. Previously, an investor group, comprised of management and Fremont Partners acquired Nellson Neutraceutical Inc in a leveraged buyout transaction. | ||
08/27/13 | Mid-Tex Distribution Co Inc | Distribution International Inc | Distribution International Inc, a unit of Audax Group LP, acquired Mid- Tex Distribution Co Inc, a San Antonio-based wholesaler of insulation products. Terms were not disclosed. | ||
08/27/13 | Golseth & Gregson Insurance | AssuredPartners Inc | AssuredPartners Inc, a unit of GTCR LLC, acquired Golseth & Gregson Insurance Services Inc, a Tucson-based insurance agency, in a leveraged buyout transaction. | ||
08/27/13 | Livin' Lite | Thor Industries Inc | Thor Industries Inc planned to acquire Livin' Lite, a Wakarusa-based manufacturer of tent campers and utility trailers. | ||
08/27/13 | Insulation Services Inc-Certai | Distribution International Inc | Distribution International Inc, a unit of Audax Group LP, acquired certain assets of Insulation Services Inc, a Greenville- based wholesaler of insulation products. | ||
08/27/13 | Stateline Service Corp | Snyder's-Lance Inc | Snyder's-Lance Inc acquired Stateline Service Corp, a wholesaler of snack foods. | ||
08/27/13 | Sunrise Bank of Arizona | First Fidelity Bk NA,Oklahoma | First Fidelity Bank, a wholly-owned unit of First Fidelity Bancorp, acquired Sunrise Bank of Arizona. | ||
08/27/13 | ETS-Scholarship & Recognition | International Scholarship & Tu | International Scholarship & Tuition Services Inc acquired Scholarship & Recognition Programs Division of Educational Testing Service, a Princeton-based provider of assessment and related services. | ||
08/27/13 | Save Mart Supermarkets Inc-(2) | Phillips Edison-ARC Shopping | Phillips Edison-ARC Shopping Center REIT Inc acquired 2 undisclosed shopping centers, an owner and operator of supermarkets, from Save Mart Supermarkets Inc. | ||
08/27/13 | Fast Food Enterprises II-(14) | Goldco LLC | Goldco LLC acquired the 14 Burger King branches of Fast Food Enterprises II LP, an owner and operator of restaurants. | ||
08/27/13 | Interstate Waste-Assets | Action Environmental Group Inc | Action Environmental Group Inc acquired the hauling, transfer station and recycling assets, located in New York and New Jersey, of Interstate Waste Services Inc, a Basking Ridge-based provider of waste management and disposal services, from Highstar Capital Fund II LP, a unit of Highstar Capital LP. | ||
08/27/13 | Menomonee Falls Radisson Hotel | Seeking Buyer | In August 2013, Menomonee Falls Radisson Hotel, a Menomonee Falls- based owner and operator of hotel, announced that it was seeking a buyer for the company. | ||
08/27/13 | Acurian Inc | Pharmaceutical Prod Dvlp Inc | Pharmaceutical Product Development LLC acquired Acurian Inc, a Horsham-based developer of patient enrollment and retention software. | ||
08/27/13 | Shmaltz Brewing Co-Coney | A&S Brewing Collaborative LLC | A&S Brewing Collaborative LLC, a wholly- owned unit of Boston Beer Co Inc acquired the Coney Island beer brand of Shmaltz Brewing Co, a Clifton Park-based manufacturer of beer. | ||
08/28/13 | BondDesk Group LLC | Seeking Buyer | US In August 2013, BondDesk Group LLC, a Mill Valley- based provider of securities solutions services, announced that it was seeking a buyer for the company. | ||
08/28/13 | International Fiber Corp | Arsenal Capital Partners LP | Arsenal Capital Partners LP acquired International Fiber Corp (IFC), a North Tonawanda-based producer of fiber products, in a secondary buyout transaction. Previously, Swander Pace Capital LLC acquired IFC, in a leveraged buyout transaction. | ||
08/28/13 | Quantum Loyalty Solutions Inc | Fandango Inc | Fandango Inc, a unit of Comcast Corp, agreed to acquire Quantum Loyalty Solutions Inc, a Lake Tahoe- based provider of movie ticketing services. | ||
08/28/13 | Trendrr | Twitter Inc | Twitter Inc acquired Trendrr, a New York-based provider of TV tracking services. | ||
08/28/13 | Westin Oaks Houston at the | Inland American Lodging Group | Inland American Lodging Group Inc (Inland), a unit of The Inland Real Estate Group of Cos Inc's Inland American Real Estate Trust Inc subsidiary, acquired Westin Oaks Houston at the Galleria, a Dallas-based owner and operator of a hotel, from Starwood Hotels & Resorts Worldwide Inc. Concurrently, Inland acquired Westin Galleria Dallas. The transaction had a combined value of approximately, $220 mil. | ||
08/28/13 | Whole Foods Assn-Stores(5) | Green Acres of Wichita LLC | Green Acres of Wichita LLC agreed to acquire the five stores of Whole Foods Association, a Wichita-based owner and operator of natural and organic food stores. Terms were not disclosed. | ||
08/28/13 | Western Reserve Senior Care | Kindred Healthcare Inc | Kindred Healthcare Inc definitively agreed to acquire Western Reserve Senior Care, a Streetsboro- based provider of senior home care services. Terms were not disclosed. | ||
08/28/13 | Liberty Savings Bank FSB,PA | Gratz Bank,Pennsylvania | Gratz Bank, a unit of GNB Financial Services Inc, agreed to merge with Pottsville-based Liberty Savings Bank FSB, from Liberty Centre Bancorp Inc, for undisclosed amount in cash. | ||
08/28/13 | Brandvold & Ku Inc-Assets | First Insurance Co Of Hawaii | First Insurance Co Of Hawaii Ltd, a unit of Tokio Marine Holdings Incs Tokio Marine & Nichido Fire Insurance Co Ltd unit, planned to acquire the assets of Brandvold Ku Inc, a Honolulu-based an insurance company. | ||
08/28/13 | South Lube Inc-Stores(33) | Heartland Automotive Services | Heartland Automotive Services Inc, a wholly-owned unit of Quad-C Management Inc acquired 33 stores of South Lube Inc, an Orange Park- based provider of auto maintenance services. | ||
08/29/13 | Clyne & Associates PA | Lydecker Diaz LLC | Lydecker Diaz LLC acquired Clyne & Associates PA, a Coral Gables-based law firm. | ||
08/29/13 | WeComply Inc | Thomson Reuters Corp | Thomson Reuters Corp, a unit of Woodbridge Co Ltd, acquired WeComply Inc, a Mahwah-based provider of online education services. | ||
08/29/13 | First Carolina Bancshares | CresCom Bank | CresCom Bank acquired First Carolina Bancshares. | ||
08/29/13 | Ashford Hospitality Prime Inc | Shareholders | Ashford Hospitality Trust Inc (AHT) planned to spin off 80% of its Ashford Hospitality Prime Inc (Ashford Prime) unit, to its shareholders. AHT common shareholders were to receive 0.2 Ashford Prime common shares per AHT share held. | ||
08/29/13 | R&R Images | Shutterfly Inc | Shutterfly Inc acquired R&R Images, a Phoenix-based provider of marketing services. | ||
08/29/13 | Ivesco Holdings LLC | MWI Veterinary Supply Inc | MWI Veterinary Supply Inc agreed to acquire Ivesco Holdings LLC, a wholesaler of veterinary supply products. | ||
08/29/13 | Verizon Wireless Capital LLC | Verizon Communications Inc | Verizon Communications Inc (Verizon) planned to acquire the remaining 45% stake, which it did not already own, in Verizon Wireless Capital LLC, a Basking Ridge-based provider of wireless telecommunication services, from Vodafone Group PLC (Vodafone). Terms were not disclosed, but according to sources familiar with the transaction, the deal was valued at $130 bil. Originally, Vodafone was rumored to be seeking a buyer for its 45% stake in Verizon Wireless Capital LLC. Verizon was named potential bidder. | ||
Source: Thomson Reuters | |||||
Note: List excludes recapitalizations, self-tenders, exchange offers, repurchases and minority stake purchases | |||||