Target Acquirer Value ($millions) Synopsis
US Foods Inc Sysco Corp 8,185.0 Sysco Corp (Sysco) agreed to acquire the entire share capital of US Foods Inc, a Rosemont-based wholesaler of food products, for an estimated $8.185 billion. The consideration was to consist of $500 million in cash, the assumption of $4.7 billion in liabilities and the issuance of 87 million Sysco common shares valued at $2.985 billion. The shares were valued based on Sysco's closing stock price of $34.31 on 06 December 2013, the last full trading day prior to the announcement.
BRE Properties Inc Essex Property Trust Inc 4,489.4 Essex Property Trust Inc (Essex Property) planned to acquire the entire share capital of BRE Properties Inc (BRE Properties), a Palo Alto-based real estate investment trust, for $4.489 billion. Essex Property offered $12.33 in cash and 0.2971 common shares per BRE Properties share. Based on Essex Property's closing stock price of $153.98 on December 8, the last full trading day prior to the announcement, each BRE Properties share was valued at $58.077. Originally, Essex Property was rumored to be planning to acquire the entire share capital of BRE Properties.
UNS Energy Corp Fortis Inc 4,315.4 Fortis Inc of Canada definitively agreed to merge with UNS Energy Corp, a Tucson-based provider of electric services, for $60. 25 in cash per share, or a total value of $4.315 bil, including the assumption of $1.8 billion in liabilities.
Volvo Constr Equip Rents LLC Platinum Equity LLC 1,100.0 Platinum Equity LLC agreed to acquire Volvo Construction Equipment Rents LLC, a Shippensburg-based provider of construction equipment rental services, from Volvo AB, for $1.1 billion in cash, in a leveraged buyout transaction.
Flagship Rail Services LLC Sumitomo Mitsui Banking Corp 1,100.0 Sumitomo Mitsui Banking Corp of Japan, a majority- owned unit of Sumitomo Mitsui Financial Group Inc, agreed to acquire the entire share capital of Flagship Rail Services LLC (Flagship), a Chicago-based provider of rolling stock leasing services, from Perella Weinberg Partners LP, for $1.1 billion. Originally, Perella Weinberg Partners LP was rumored to be seeking a buyer for its Flagship unit.
EnerVest Ltd-Oil & Gas Ppty QEP Energy Co 950.0 QEP Energy Co, a unit of QEP Resources Inc, definitively agreed to acquire the oil and gas properties of EnerVest Ltd, a Houston-based oil and gas exploration and production company, for an estimated $950 million.
Earthbound Farm The WhiteWave Foods Co 600.0 The WhiteWave Foods Co agreed to acquire Earthbound Farm (Earthbound), a San Juan Bautista-based owner and operator of organic farm, from HM Capital Partners LLC, Kainos Capital LLC, Drew Goodman and Myra Goodman, for an estimated $600 million in cash. Originally, in May 2013, Earthbound was rumored to be seeking a buyer for the company.
Valerus Field Solutions Kentz Corp Ltd 435.0 Kentz Corp Ltd of Jersey agreed to acquire Valerus Field Solutions, a Houston-based provider of oil and gas surface facility services, for an estimated $435 million in cash.
Dymatize Enterprises LLC Post Holdings Inc 380.0 Post Holdings Inc agreed to acquire Dymatize Enterprises LLC, a Farmers Branch-based manufacturer and wholesaler of nutrition supplement, for an estimated $380mil.
Alpha Shale Resources LP Rice Energy LLC 300.0 Rice Energy LLC agreed to acquire the remaining 50% interest, which it did not already own, in Alpha Shale Resources LP, a Canonsburg-based oil and gas exploration and production company, from Alpha Natural Resources Inc, for $300 million. The consideration was to consist of $100 million in cash and the issuance of $200 million in Rice Energy stock.
B27 LLC DXP Enterprises Inc 285.0 DXP Enterprises Inc definitively agreed to acquire the entire share capital of B27 LLC, a Plano-based manufacturer of pumps and pumping equipment, from Champlain Capital Partners LP, for an estimated $285 million.
RidgeWorth Capital Mgmt Inc Investor Group 265.0 An investor group led by Lightyear Capital LLC (Lightyear Capital) definitively agreed to acquire RidgeWorth Capital Management Inc (RidgeWorth Capital), an Atlanta-based provider of investment management services, from SunTrust Banks Inc (SunTrust), for $265 mil, in a leveraged buyout transaction. The transaction was to consist of $245 million and up to $20 million in profit- related payments. Originally, in May 2012, SunTrust was rumored to be seeking a buyer for its RidgeWorth Capital. Lightyear Capital and Thoma Bravo LLC are named rumored bidders.
GE Cap Aviation Svcs-portfolio Element Financial Corp 245.0 Element Financial Corp of Canada definitively agreed to acquire the helicopter portfolio of GE Capital Aviation Services, a provider of commercial aircraft leasing and financing services, for an estimated $245 million.
Lucky Brand Dungarees Inc LBD Acquisition Co LLC 225.0 LBD Acquisition Co LLC, a unit of Leonard Green & Partners LP, definitively agreed to acquire Lucky Brand Dungarees Inc, a Los Angeles-based manufacturer of denim clothing for men and women, and a wholly-owned unit of Fifth & Pacific Co Inc, for $225 million. The consideration was to consist of $140 million in cash and the issuance of $85 million note. In April 2013, Fifth & Pacific Co Inc discontinued rumors that it was to be seeking a buyer for its Lucky Brand Dungarees Inc unit, a Los Angeles-based manufacturer of denim clothing for men and women. Concurrently, Fifth & Pacific Co Inc, was rumored to be seeking a buyer for its Juicy Couture Inc unit. Advent International was named potential bidder.
US Medical Management LLC Centene Corp 200.0 Centene Corp agreed to acquire a 68% interest in US Medical Management LLC, a Troy-based provider of medical management services, for $200 million in cash and stock.
Network Instruments LLC JDS Uniphase Corp 200.0 JDS Uniphase Corp definitively agreed to acquire Network Instruments LLC, a Minnetonka-based developer of network analysis software, from Thoma Bravo LLC, for $200 million in cash.
Casino Queen Inc-Assets Gaming & Leisure Properties 140.0 Gaming & Leisure Properties Inc agreed to acquire real estate assets of Casino Queen Inc, an East St. Louis-based owner and operator of hotels and casinos, for $140 million.
Radisson Hotel Fisherman Pebblebrook Hotel Trust 132.0 Pebblebrook Hotel Trust acquired Radisson Hotel Fishermans Wharf and Retail, a San Francisco-based owner and operator of hotel, for $132 million.
Savient Pharmaceuticals Inc Crealta Pharmaceuticals LLC 120.4 Crealta Pharmaceuticals LLC, a majority owned unit of GTCR LLC agreed to launch a challenging offer to acquire the entire share capital of bankrupt Savient Pharmaceuticals Inc (Savient), a Bridgewater-based manufacturer and wholesaler of pharmaceutical products, for an estimated $120.4 million. Previously, US WorldMeds LLC agreed to acquire the entire share capital of bankrupt Savient.
Landstar System Inc-LSCS XPO Logistics Inc 87.0 XPO Logistics Inc definitively agreed to acquire supply chain subsidiaries of Landstar System Inc, a Jacksonville-based provider of trucking services, for $87 million in cash.
Blackwater Midstream Hldg LLC American Midstream Partners LP 65.0 American Midstream Partners LP (American) definitively agreed to acquire the entire share capital of Blackwater Midstream Holdings LLC, a Boston-bassed provider of terminal storage services, from ArcLight Capital Partners LLC, for $65 million. The consideration was to consist of undisclosed amount in cash, the issuance of $3 million of American common shares, the assumption of undisclosed amount in liabilities, and up to $5 million in profit-related payments.
Hagelin Flavor Technologies Frutarom Industries Ltd 52.4 Frutarom Industries Ltd acquired Hagelin Flavor Technologies, a Branchburg-based developer, producer and marketer of flavors and unique flavor technologies for the food industry, for $52.4 million in cash.
NP OGL-SpringHill Suites Chatham Lodging Trust 39.8 Chatham Lodging Trust acquired the SpringHill Suites by Marriott of NP OGL LLC, an Alpharetta-based owner and operator of a hotel, for $39.8 million.
Breitling Oil and Gas Corp Bering Exploration Inc 39.3 Bering Exploration Inc agreed to acquire Breitling Oil and Gas Corp, a Dallas-based oil and gas exploration and production company, for $39.258 million. The shares were valued based on Bering Explorations closing stock price of $0.085 on 09 December 2013, the last full trading day prior to the announcement.
Newsy.com EW Scripps Co 35.0 EW Scripps Co agreed to acquire Newsy.com, a Columbia-based provider of multi- source & multi platform video news, for $35 million in cash.
Allen Brothers Inc The Chefs Warehouse Inc 29.9 The Chefs Warehouse Inc acquired Allen Brothers Inc, a Chicago-based producer and wholesaler of premium meat products, for an estimated $29.9 million.
Bonita Thompson Industrial Rexford Industrial Realty Inc 27.2 Rexford Industrial Realty Inc acquired Bonita Thompson Industrial Park, a Pomona-based owner and operator of industrial buildings, for $27.2 million.
Bancshares Inc Bank of the Ozarks Inc 23.0 Bank Of The Ozarks Inc definitively agreed to acquire the entire share capital of Houston-based Bancshares Inc, from Community Bank Shares of Indiana, for an estimated $23 million.
Wellbrooke of Crawfordsville HealthLease Properties REIT 17.0 HealthLease Properties Real Estate Investment Trust of Canada, acquired Wellbrooke of Crawfordsville, a provider of rehabilitative care, assisted living and long term care services, from Mainstreet Property Group LLC, for $16.98 million.
Pyramid Research Inc Progressive Digital Media 3.3 Progressive Digital Media Group Plc agreed to acquire Pyramid Research, a Boston based a provider of telecommunication research services, for $3.3 million in cash.
Lain & Son Inc Robert Harvey 2.1 Robert Harvey acquired the entire share capital of Lain & Son Inc, a unit of OakRidge Holdings Inc, a Illinois-based real estate development company, for $2.06 million. The consideration was to include $1.5 million in cash and $0.560 million in assumed liabilities.
National Independent Broker Capstone Financial Group Inc 2.0 Capstone Financial Group Inc planned to acquire National Independent Broker- Dealer & RIA, a New York-based insurance agency, for $2 million.
Howard Midstream Energy Alinda Capital Partners LLC   Alinda Capital Partners LLC acquired a 59% interest in Howard Midstream Energy Partners LLC, a San Antonio-based oil and gas exploration and production company, in a leveraged buyout transaction. Terms of the deal were not disclosed.
First Bank of Miami Apollo Bank   Apollo Bank agreed to acquire First Bank of Miami, a Coral Gables-based commercial bank. Terms of the transaction were not disclosed.
Flowchem Ltd Arsenal Capital Partners LP   Arsenal Capital Partners LP acquired Flowchem Ltd, a Waller-based manufacturer of chemicals, in a leveraged buyout transaction. Terms were not disclosed.
Kaselco LLC BakerCorp   BakerCorp acquired Kaselco LLC, a Shiner-based provider of water treatment solutions services. Terms of the deal were not disclosed.
Strategic Outdoor Shop Inc Billups Worldwide LLC   Billups Worldwide merged with Strategic Outdoor Shop Inc, a Westport-based provider of digital marketing services. Terms were not disclosed.
Kenmont Solutions Capital Blue Earth Inc   Blue Earth Inc agreed to acquire Kenmont Solutions Capital GP LLC, a provider of investment management services.
PINNACLE Calero Software LLC   PINNACLE merged with Movero Technology Inc, an Austin-based provider of information technology services.
Bel-Ray Co Inc Calumet Specialty Products   Calumet Specialty Products Partners LP acquired Bel-Ray Co Inc, a Farmingdale-based manufacturer of lubricants.
Insieme Networks Inc Cisco Systems Inc   US Cisco Systems Inc acquired Insieme Networks Inc, a San Jose-based developer of application-centric infrastructure products for the data center. Terms of the transaction were not disclosed.
Lucent Polymers Inc Citadel Plastics Holdings Inc   Citadel Plastics Holdings Inc, a unit of Huntsman Gay Global Capital LLC, acquired Lucent Polymers Inc, an Evansville-based manufacturer and wholesaler of plastic resins. Terms were not disclosed.
Scripps Networks Interactive Discovery Communications Inc   Discovery Communications Inc was rumored to be planning to acquire the entire share capital of Scripps Networks Interactive Inc, a Knoxville-based owner and operator of television stations.
Innovative Mag-Drive LLC Flowserve Corp   Flowserve Corp acquired Innovative Mag-Drive LLC, an Addison-based manufacturer of sealless pumps.
ASA Automotive Systems LLC Friedman Corp   Friedman Corp, a unit of Constellation Software Inc, acquired ASA Automotive Systems LLC, a Merrimack-based developer of licensed and hosted system software and services.
BRC Operating Co LLC Frutarom Industries Ltd   Frutarom Industries Ltd acquired BRC Operating Co LLC, an oil and gas exploration company. Concurrently, Frutarom acquired Hagelin Flavor technologies, a Branchburg-based developer, producer and marketer of flavors and unique flavor technologies. The two transaction have a combined value of $52.4 million in cash.
Quest Fore Inc Gatesman+Dave Inc   Gatesman+Dave Inc agreed to acquire Quest Fore Inc, a Pittsburgh-based provider of marketing services.
Jay Auto Group - Franchise(6) Group 1 Automotive Inc   Group 1 Automotive Inc acquired six automotive dealership franchises of Jay Automotive Group Inc, a Columbus-based owner and operator of an automobile dealership. The franchises include Jay Toyota Jay Scion, Jay Buick GMC, Jay Subaru of Columbus, Jay Mazda, and Volvo of Columbus. On completion, the dealerships will operate as Rivertown Toyota, Rivertown Scion, Rivertown Buick GMC, Rivertown Subaru, Rivertown Mazda and Volvo of Columbus. Terms were not disclosed.
Pacific Commons Shopping Ctr Heitman LLC   Heitman LLC acquired Pacific Common Shopping Center, a Fremont-based owner and operator of shopping center.
ValueClick Inc-O&O Segment IAC/InterActiveCorp   IAC/InterActiveCorp acquired the Owned & Operated Websites segment of ValueClick Inc (ValueClick), a Westlake Village-based provider of online advertising services, for an undisclosed amount in cash. Originally, In 05 November 2013, ValueClick announced that it seeking a buyer for its Owned & Operated Websites segment.
Diversegy LLC IDT Energy Inc   IDT Energy Inc, a unit of Genie Energy Ltd, planned to acquire Diversegy LLC, a Dallas-based provider of advisory and brokerage services. The acquisition was to include Epiq Energy.
Lucius Pitkin Inc Israel Berger & Associates LLC   Israel Berger & Associates LLC, a unit of Vidaris Inc, acquired Lucius Pitkin Inc, a New York-based provider of engineering services. Terms were not disclosed.
BikeCaffe Franchising LLC-Asts Jammin Java Corp   Jammin Java Corp acquired the operating assets of BikeCaffe Franchising LLC, a Boulder-based owner and operator of coffee carts.
Diablo Subaru of Walnut Creek Lithia Motors Inc   Lithia Motors Inc acquired Diablo Subaru of Walnut Creek, a Walnut Creek-based owner and operator of auto dealership.
Insightera Ltd Marketo Inc   Marketo Inc definitively agreed to acquire Insightera Ltd, a San Mateo-based provider of real-time personalization platform for websites and mobile applications services.
OTC Energy Technologies Inc Methes Energies International   Methes Energies International Ltd signed a Letter of Intent {LoI} to acquire OTC Energy Technologies Inc, a manufacturer and wholesaler of biodiesel products. Terms were not disclosed.
Magnum Hunter Resources-Eagle New Standard Energy Ltd   New Standard Energy Ltd of Australia, was granted an option to acquire the Eagle Ford assets, located in Atascosa County, Texas, of Magnum Hunter Resources Corp, a Houston-based oil and gas exploration and production company.
Veramark Technologies Inc PINNACLE   Veramark Technologies Inc merged with PINNACLE, a provider of communications and IT services lifestyle management solutions. Terms were nor disclosed.
Verilogue Inc Publicis Groupe SA   Publicis Groupe SA of France acquired Verilogue Inc, a Horsham-based provider of healthcare analytics services.
Kleban Properties-Portfolio Regency Centers Corp   Regency Centers Corp, a unit of the Security Capital Group Inc subsidiary of General Electric Cos General Electric Capital Corp unit, agreed to acquire an 80% interest in the portfolio of Kleban Properties, a Fairfield-based real estate development firm.
PlantWorks Inc Rentokil North America   Rentokil North America acquired PlantWorks Inc, a Chantilly-based provider of landscape services.
Kyalin Biosciences Retrophin Inc   Retrophin Inc agreed to acquire Kyalin Biosciences , a California-based biotechnology company.
Butler | Hailey Roberts Markel Weinberg PC   Roberts Markel Weinberg PC agreed to merge with Butler | Hailey, a Houston-based law firm. Terms of the agreement were not disclosed.
Twitchy LLC Salem Communications Corp   Salem Communications Corp acquired Twitchy LLC, a Colorado Springs-based provider of Twitter curation site services. Terms were not disclosed.
Teton Strategic Invest Inc Salient Partners LP   Salient Partners LP, a unit of Lee Equity Partners LLCs The Edelman Financial Group Inc subsidiary, acquired Teton Strategic Investments Inc, a Houston-based private equity firm.
S Squared LLC Satori Capital LLC   Satori Capital LLC acquired S Squared LLC dba Ranger Wireless solutions LLC, a Holland-based provider of wireless telecommunication services, from Ranger Wireless Holdings LLC.
NorthStar Asset Management Cor Shareholders   NorthStar Realty Finance Corp planned to spinoff its NorthStar Asset Management Corp, to its shareholders.
ITT Exelis-Exelis Mission Sys Shareholders   ITT Exelis Inc, a McLean-based manufacturer of command, control, and communications equipment, planned to spin off its Exelis Mission Systems unit, to its shareholders.
Lucierna Inc SmartBear Software Inc   SmartBear Software Inc acquired Lucierna Inc, a Sunnyvale-based provider of Application Performance Management solutions services.
Plan4Demand Solutions Inc Spinnaker Management Group LLC   Spinnaker Management Group LLC agreed to acquire Plan4Demand Solutions Inc, a Pittsburgh-based provider of supply chain planning consulting services.
Evenly Square Inc   Square Inc acquired Evenly, a San Francisco-based developer of payment processing software. Terms were not disclosed.
Cycle Group Inc The Andersons Inc   The Andersons Inc acquired Cycle Group Inc, a Mocksville-based manufacturer of granulated products.
EdgeCast Networks Inc Verizon Communications Inc   Verizon Communications Inc agreed to acquire EdgeCast Networks Inc, a Santa Monica-based developer of rich media content delivery network software. Terms were not disclosed.
ReGenesis Intercontinental NYC Wanderport Corp   Wanderport Corp signed a Letter of Intent (LOI) to acquire ReGenesis Intercontinental NYC Inc, a New York-based provider of scrapped tire recycling services.
ZF Rubber & Plastics Hebron Zhuzhou Times New Material   Zhuzhou Times New Material Technology Co Ltd (Zhuzhou) of China agreed to acquire the entire share capital of ZF Rubber & Plastics Hebron LLC, a Hebron-based manufacturer and wholesaler of rubber and plastic products, from ZF Friedrichshafen AG, a unit of Zeppelin-Stiftung GmbH. Concurrently, Zhuzhou agreed to acquire BOGE Germany, 99. 98% interest in BOGE Brazil and BOGE France and the entire share capital of BOGE Australia, BOGE China and ZF Boge Elastmetall Slovakia. The seven transactions had a combined value of $399.78 million. Originally, in August 2013, ZF Friedrichshafen AG, announced that it was seeking for a buyer for its rubber & plastics business.
Source: Thomson Reuters      

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.