Bloomberg
Target Acquirer Value ($millions) Synopsis
Hewlett Packard Enterprise Co-Enterprise Services business Computer Sciences Corp 8,500.0 Computer Sciences Corp plans to merge with Enterprise Services Business of Hewlett Packard Enterprise Co, a Palo Alto-based manufacturer of electronic computers and provider of technology solutions, via a stock swap transaction valued at around $8.5 billion. The consideration would consist of $1.5 billion in cash, $4.5 billion in Computer Sciences common shares and the assumption of $2.5 billion in liabilities. Upon completion of the deal, Hewlett shareholders and Computer Sciences would each own 50% in the combined entity.
American Capital Ltd Ares Capital Corp 3,153.6 Ares Capital Corp definitively agreed to acquire the entire share capital of American Capital Ltd (AC), a Bethesda-based private equity firm, via a stock swap transaction valued at $3.154 billion. Ares offered $6.41 per share and common shares collectively valued at $1.602 billion. Based on Ares' closing stock price of $15.19 on 20 May 2016, the last full trading day prior to the announcement. The transaction is conditional upon the completion of the acquisition of American Capital Mortgage Management LLC by American Capital Agency Corp.
JBG Cos New York REIT Inc 3,125.4 New York REIT Inc (NY REIT) definitively agreed to merge with JBG Cos, a Chevy Chase-based real estate development firm, for an estimated $3.125 billion. The consideration would consist of 319.9 million new common shares and undisclosed amount of LP units. The shares were valued based on NY REIT's closing stock price of $9. 77 on 24 May 2016, the last full trading day prior to the announcement. Upon completion of the deal, NY REIT and JBG would respectively own 34.032% and 65.968% in the merged entity, which would be renamed as JBG Realty Trust Inc. Originally, in May 2016, JBG was rumored to be planning to merge with NY REIT.
ILC Holdings Inc TransDigm Group Inc 1,000.0 TransDigm Group Inc definitively agreed to acquire ILC Holdings Inc, a Bohemia-based manufacturer of microelectronic components and hybrid circuits, data conversion equipment, spacesuits and equipment, protective suits, as well as military inflatable devices, from Behrman Capital LP for an estimated $1 billion in cash. The transaction would include Data Device Corp.
Xura Inc Siris Capital Group LLC 625.6 Siris Capital Group LLC definitively agreed to acquire the entire share capital of Xura Inc, a Wakefield-based provider of cloud-based and in-network services enablement and monetization software services, for $25 per share or a total of $625.574 mil, via a leveraged buyout transaction.
American Capital Mortgage Management LLC American Capital Agency Corp 562.0 American Capital Agency Corp definitively agreed to pay $562 million in cash to acquire the entire share capital of American Capital Mortgage Management LLC, a provider of investment management services, from American Capital Asset Management LLC, ultimately owned by American Capital Ltd. The transaction was contingent upon completion of the acquisition of American Capital Ltd by Ares Capital Corp.
XenoPort Inc Arbor Pharmaceuticals LLC 448.2 Arbor Pharmaceuticals LLC definitively agreed to acquire the entire share capital of XenoPort Inc, a Santa Clara-based biopharmaceutical company, for $7.03 per share, or a total of $448.228 mil, via a tender offer. The offer was conditional upon 50% of Xenoport's shares being tendered.
HandStands Holding Corp Energizer Holdings Inc 340.0 Energizer Holdings Inc agreed to acquire HandStands Holding Corp, a Draper-based designer, manufacturer, and wholesaler of automotive air freshener product, for an estimated $340 million in cash from Trivest Partners V LP, a unit of Trivest Partners LP.
ConAgra Foods Inc-Spicetec Flavors & Seasonings Business Givaudan SA 340.0 Givaudan SA of Switzerland definitively agreed to acquire the Spicetec Flavors & Seasonings business of ConAgra Foods Inc, an Omaha-based producer, wholesaler, and retailer of food products, for an estimated $340 million in cash.
Association of Certified Anti-Money Laundering Specialists (ACAMS) Becker Professional Education 330.0 Becker Professional Education, a unit of DeVry Inc, agreed to acquire the Association of Certified Anti-Money Laundering Specialists (ACAMS), a Miami-based provider of professional and management development training services, from Warburg Pincus LLC for $330 mil.
Resource America Inc C-III Capital Partners LLC 223.3 C-III Capital Partners LLC, a unit of Island Capital Group LLC, definitively agreed to acquire the entire share capital of Resource America Inc, a Philadelphia-based provider of financial investment services, for $9.78 in cash per share or at total of $223.315 million.
Market Metrics LLC Asset International Inc 175.0 Asset International Inc, a unit of Genstar Capital LLC, definitively agreed to acquire the entire share capital of Market Metrics LLC, a Boston-based provider of financial market research services, from FactSet Research Systems Inc. Concurrently, Asset definitively agreed to acquire Matrix-Data Ltd. Both transactions would have a combined value of around $175 million. The consideration would consist of $165 million and up to $10 million in profit-related payments.
Alstyle Apparel LLC Gildan Activewear Inc 110.0 Gildan Activewear Inc of Canada acquired the entire share capital of Alstyle Apparel LLC, an Anaheim-based manufacturer of activewear products, from Ennis Inc for $110 mil.
The Meadows of Wickenburg LP Kohlberg & Co LLC 97.0 Kohlberg & Co LLC acquired The Meadows of Wickenburg LP, a Wickenburg-based operator of offices intended for health practitioners, from American Capital Ltd for $97 million via a leveraged buyout transaction.
Bickford Senior Living LLC-Assisted Living & Memory Care Facilities(5) National Health Investors Inc 87.5 National Health Investors Inc paid a total of $87.5 million to acquire 5 assisted living & memory care facilities owned by Bickford Senior Living LLC, an Olathe-based provider of residential care services, ultimately owned by EBY Realty Group LLC.
Recombine LLC-Commercial Assets CooperSurgical Inc 85.0 CooperSurgical Inc, a unit of The Cooper Cos Inc, acquired the commercial assets of Recombine LLC, a provider of clinical genetic testing specializing in carrier screening, for $85 mil.
Community State Bank,Ankeny, Iowa(Van Diest Investment Co) QCR Holdings Inc 80.0 QCR Holdings Inc agreed to acquire Community State Bank, an Ankeny-based provider of depository credit intermediation services, from Van Diest Investment Co for $80 mil.
General Cable Technologies Corp-Automotive Ignition Wire Business Standard Motor Products Inc 71.0 Standard Motor Products Inc plans to acquire the automotive ignition wire business of General Cable Technologies Corp, a Highland Heights-based manufacturer of fiber optic cables, for $71 million.
Mines Management Inc Hecla Mining Co 31.1 Hecla Mining Co agreed to acquire the entire share capital of Mines Management Inc, a Spokane-based mineral exploration and management company, via a stock swap transaction valued at $31.084 million. Hecla offered 0.2218 shares per Mines share. Based on Hecla's closing stock price of $4.24 on 23 May 2016, the last full trading day prior to the announcement, each Mines share was valued at $0.94.
Cordia Bancorp Inc First Citizens Bank & Trust Co Inc,Raleigh,North Carolina 27.8 First Citizens BancShares Inc's unit First Citizens Bank & Trust Co Inc agreed to acquire the entire share capital of Midlothian-based Cordia Bancorp Inc for $5.15 per share or a total of $27.799 million.
DDR Corp-Southtown Centre Newport Capital Partners Holding LLC 15.3 Newport Capital Partners Holding LLC acquired Southtown Centre of DDR Corp, a Beachwood-based lessor of real estate property, for $15.25 million.
Seastone of Delray LLC Greenestone Healthcare Corp 6.2 Greenestone Healthcare Corp of Canada, a unit of I-Legend Holdings Ltd, plans to acquire Seastone of Delray LLC, a Delray Beach-based owner and operator of drug and alcohol treatment centers, for $6.15 million.
TekModo LLC CarbonOne Technologies Inc 6.1 CarbonOne Technologies Inc of Canada (CTI) agreed to acquire the entire share capital of TekModo LLC, an Elkhart-based manufacturer and wholesaler of advanced composite panels, for $6.136 million. The consideration would consist of $0.912 million in cash and the issuance of 52.763 million CTI common shares collectively valued at $5.224 million. The shares were valued based on CTI's closing stock price of $0.099 on 23 May 2016, the last full trading day prior to the announcement.
Get-Carbids Inc Stem 7 Capital Inc 3.4 Stem 7 Capital Inc of Canada plans to acquire the entire share capital of Get-Carbids Inc, a manufacturer of automobiles, for 55 million common shares or a total of $3.355 million. The shares were valued based on Stem's closing stock price of CAD 0.08 (USD 0.061) on 24 May 2016, the last full trading day prior to the announcement.
MWC Holdings Inc(Hayes Wheels International Inc/Motor Wheel Corp) Alita Care LLC   Alita Care LLC, a unit of Kohlberg & Co LLC, acquired MWC Holdings Inc, an Okemos-based manufacturer of engine parts.
Zachtronics LLC-Video Game Assets Alliance Media Holdings Inc   Alliance Media Holdings Inc acquired the video game assets of Zachtronics LLC, a Redmond-based developer of video games.
First Nationwide Title Agency Llc AmTrust Financial Services Inc   AmTrust Financial Services Inc acquired the entire share capital of First Nationwide Title Agency LLC, a lessor of real estate property.
SynteractHCR Inc Amulet Capital Partners LP   Amulet Capital Partners LP acquired SynteractHCR Inc, a Carlsbad- based provider of clinical research services, from Gryphon Investors Inc. Terms were not disclosed. Originally, in April 2016, Gryphon was rumored to be seeking a buyer for SynteractHCR.
Lamin Art Inc Arborite Inc   Canada's Arborite Inc, a unit of WilsonArt International Inc, agreed to acquire Lamin Art Inc, a Schaumburg-based supplier of commercial interior designs.
Pezant Real Estate Berkshire Hathaway HomeServices Bobby Tallo Realty   Berkshire Hathaway HomeServices Bobby Tallo Realty, a unit of Berkshire Hathaway HomeServices Inc, acquired Pezant Real Estate, a Hammond-based real estate agency. Terms were not disclosed.
Market Center Office Complex,San Francisco,California Blackstone Real Estate Partners VIII LP   Blackstone Real Estate Partners VIII LP, a unit of Blackstone Group LP, is rumored to be planning to acquire the Market Center Office Complex in San Francisco from Manulife Financial Corp. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $489 mil.
Discovery Co Bregal Sagemount LLC   Via a leveraged buyout transaction, Bregal Investments Inc's unit Bregal Sagemount LLC acquired an undisclosed majority interest in Discovery Co, an Eatontown-based provider of online financial services that also offers data for customer relationship management (CRM), from Ipreo LLC.
West End Lodge Apartments BSR Trust LLC   BSR Trust LLC acquired West End Lodge Apartments, a Beaumont-based lessor of residential buildings and dwellings.
First Priority Financial Inc Caliber Home Loans Inc   Caliber Home Loans Inc, a unit of Caliber Funding LLC, plans to acquire First Priority Financial Inc, a Fairfield-based provider of credit intermediation services.
7272 Wisconsin Avenue, Bethesda Carr Properties Inc   Carr Properties Inc acquired 7272 Wisconsin Avenue, nonresidential property in Bethesda. Terms were not disclosed, but according to sources close to the matter, the deal was valued at around $105 million.
WPX Energy Inc-Natural Gas Pipelines Portfolio Citadel LLC   Citadel LLC agreed to acquire the natural gas pipelines portfolio of WPX Energy Inc, a Tulsa-based oil and gas exploration and production company.
Gorton & Partners LLC Colliers International Group Inc   Colliers International Group Inc of Canada acquired Gorton & Partners LLC, a New York-based provider of housing construction services.
AOG Entertainment Inc Creditors   AOG Entertainment Inc, a California-based television broadcasting company, agreed to a debt restructuring transaction with creditors. Creditors would receive common stock and cash in exchange for outstanding debt. Upon completion of the deal, creditors would hold an undisclosed interest in the restructured firm. The book value of the existing debt to be exchanged stands at $385 mil.
Spiderbook Inc Demandbase Inc   Demandbase Inc plans to acquire Spiderbook inc, a San Francisco-based provider of account-based marketing services.
Adenium Systems Inc Dodge Data & Analytics Inc   Dodge Data & Analytics Inc plans to acquire Adenium Systems Inc, an Eastlake-based provider of custom computer programming services.
Nurse Audit Inc Equian LLC   Equian LLC, a unit of New Mountain Capital LLC, acquired Nurse Audit Inc, a Portsmouth-based certified public accountant's office.
Intelligent Decisions Inc-Intelligence Businesses(2) Federal Data Systems Inc   Federal Data Systems Inc acquired 2 intelligence businesses owned by Intelligent Decisions Inc, a Chantilly-based provider of information technology services.
We are Experience Inc Globant SA   Globant SA of Luxembourg acquired We are Experience Inc, a New York-based builder and provider of engineering services.
Moore Air Conditioning & Heating Goettl Air Conditioning Inc   Goettl Air Conditioning Inc, a unit of American Residential Services LLC, acquired Moore Air Conditioning & Heating, a Las Vegas-based manufacturer of automatic environmental controls.
Auburn Medical Office Building,Sacramento Griffin-American Healthcare Reit IV Inc   Griffin-American Healthcare Reit IV Inc plans to acquire Auburn Medical Office Building, a Sacramento-based hospital operator.
Lean Human Capital LLC HealthcareSource HR Inc   HealthcareSource HR Inc, a unit of Francisco Partners LP, acquired Lean Human Capital LLC, a Plymouth-based provider of human resources and talent management services.
Geekatoo Inc HelloTech   HelloTech planned to merge with Geekatoo Inc, a Walnut Creek-based provider of technical support services for computers, home theaters, TV mounting, virus removals, networking issues, gaming consoles, mobile phones, and other electronic devices.
DNA Healthcare Inc iHealth Solutions LLC   iHealth Solutions LLC acquired DNA Healthcare Inc, a Township-based hospital operator. Terms were not disclosed, but upon completion of the deal, the company would be renamed as iHealth.
Wyle Inc KBR Inc   KBR Inc definitively agreed to acquire Wyle Inc, an El Segundo-based provider of engineering, testing and other technical support services, from Court Square Capital Partners LP.
NIAGARA BANCORP INC Mackinac Financial Corp   Mackinac Financial Corp plans to acquire the entire share capital of NIAGARA BANCORP INC, a Niagara-based commercial bank. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $7.325 million.
Rolith Inc Metamaterial Technologies Inc   Metamaterial Technologies Inc of Canada acquired Rolith Inc, a Pleasanton-based manufacturer of flat glass.
Travelpro International Inc MidOcean Partners LLP   Via a leveraged buyout transaction, Ripplewood Holdings LLC's unit MidOcean Partners LLP acquired Travelpro International Inc, a Boca Raton-based manufacturer and wholesaler of luggage business and casual bags, from Borealis Capital Corp, ultimately owned by Ontario Municipal Employees Retirement System. Concurrently, MidOcean acquired Holiday Group Inc.
Iditarod Gold Project,South Alaska Mineral Mountain Mining Co   Mineral Mountain Mining Co acquired the Iditarod Gold Project in Southwest Alaska.
Southern Air & Heat LLC MSouth Equity Partners LLC   MSouth Equity Partners LLC acquired Southern Air & Heat LLC, a Ball-based wholesaler of air-conditioning equipment and supplies from Pulte Capital Partners LLC, via a leveraged buyout transaction.
Jefferson Gold Project Pancontinental Uranium Corp   Pancontinental Uranium Corp of Canada plans to acquire the entire stake in a high-potential, advanced exploration stage gold project (Jefferson Gold Project), located in South Carolina, United States.
TeacherMatch PeopleAdmin Inc   PeopleAdmin Inc, a unit of Vista Equity Partners LLC, acquired TeacherMatch, a Chicago-based provider education and talent management software solution services.
Statwing Inc Qualtrics LLC   Qualtrics LLC acquired Statwing Inc, a San Francisco-based software publisher.
John Buttine Inc Risk Strategies Co Inc   Risk Strategies Co Inc, a unit of Kelso & Co, acquired John Buttine Inc, a New York-based operator of an independent brokerage firm specializing in meeting the insurance needs of businesses and individuals.
Albuquerque Hardwood Lumber Co Rugby Architectural Building Products   Rugby Architectural BuildingProducts acquired Albuquerque Hardwood Lumber Co, an Albuquerque-based manufacturer of wood products.
Florida Canyon Gold Mine,Nevada Rye Patch Gold Corp   Rye Patch Gold Corp of Canada plans to acquire Florida Canyon gold mine. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $15 mil;ion.
Rear View Safety Inc Safe Fleet Holdings LLC   Safe Fleet Holdings LLC, a unit of The Sterling Group LP, acquired Rear View Safety Inc, a Brooklyn-based distributor and manufacturer of backup camera systems.
Sector Five Inc Sector 5 Inc   Sector 5 Inc, a unit of Kirkland Holding Co Inc, signed a Letter of Intent to acquire Sector Five Inc, a Delaware-based technology company.
R and D USA LLC-Business Assets Sense Technologies Inc   Sense Technologies Inc plans to acquire business assets of R and D USA LLC, a producer of soy oil, soy meal, agricultural oil and other crop farming products.
Varian Medical Systems Inc-Imaging Components Business Shareholders   Varian Medical Systems Inc plans to spin off its imaging components business to its shareholders.
Jandee Anesthesiology Partners PLLC Sheridan Healthcare Inc   Sheridan Healthcare Inc, a unit of AmSurg Corp, acquired Jandee Anesthesiology Partners PLLC, a Ramsey-based operator of offices intended for physicians.
Karadan Anesthesiology & Pain Management-certain assets Sheridan Healthcare Inc   Sheridan Healthcare Inc, a unit of AmSurg Corp, acquired certain assets of Karadan Anesthesiology & Pain Management, a Ramsey-based operator of offices intended for physicians.
On Campus Marketing LLC Spire Capital Partners LP   Spire Capital Partners LP acquired On Campus Marketing LLC, a West Trenton-based retailer of diversified products, from Dominus Capital LP via a leveraged buyout transaction.
Admiral Petroleum Co Sun Capital Partners Inc   Sun Capital Partners Inc acquired Admiral Petroleum Co, a Coopersville-based owner and operator of gas and convenience stores, via a leveraged buyout transaction. The transaction included Lemmen Oil Co.
501cTECH Tech Impact   Tech Impact definitively agreed to merge with 501cTECH, a Washington-based provider of technology support and services to nonprofit ogranisations. It also offers strategic consulting services, such as technology assessment and planning, software needs assessments and selection, IT procurement services, as well as vendor management.
DST Systems Inc- a portfolio of 5 buildings in Kansas City, Missouri Time Equities Inc   Time Equities Inc acquired a portfolio of five buildings from DST Systems Inc, a Kansas City-based provider of information processing and computer software services.
Crowne Plaza Syracuse TJM Properties Inc   TJM Properties Inc acquired Crowne Plaza Syracuse, a three-star hotel in Syracuse, New York.
Innovation Compounding Inc True Nature Holding Inc   True Nature Holding Inc plans to acquire Innovation Compounding Inc, a Kennesaw-based manufacturer of compound pharmaceutical products.
IdentityMine Inc Valorem Consulting Group LLC   Valorem Consulting Group LLC acquired IdentityMine Inc, a Seattle-based provider of software development and user experience services.
MUH-TAY-ZIK | HOF-FER VCCP Ltd   VCCP Ltd of the UK, a unit of Chime Communications PLC, acquired MUH-TAY-ZIK | HOF-FER, a San Francisco-based advertising agency.
Covisint Corp Vector Capital Corp   Vector Capital Corp plans to launch an unsolicited tender offer to acquire the entire share capital of Covisint Corp, a Detroit-based ecommerce information services, via a leveraged buyout transaction.
Sound Wealth Financial Group Wealth Advisory Group LLC   Wealth Advisory Group LLC merged with Sound Wealth Financial Group, a Long Island-based provider of financial investment services.
Mars Super Markets Inc-Stores(5) Weis Markets Inc   Weis Markets Inc agreed to acquire 5 stores owned by Mars Super Markets Inc, a Rosedale-based supermarket operator.
Wakulla Suites Resort Westgate Resorts Ltd   Westgate Resorts Ltd, a unit of Central Florida Investments Inc, acquired Wakulla Suites Resort, a 120-room resort in Cocoa Beach.
Bluff Manufacturing Inc Wincove Private Holdings LP   Wincove Private Holdings LP acquired Bluff Manufacturing Inc, a Forth Worth-based steel mill operator, via a leveraged buyout transaction. Terms were not disclosed.
Kelly Slater Wave Co LLC WSL Holdings   WSL Holdings agreed to acquire an undisclosed majority interest in Kelly Slater Wave Co LLC, a Los Angeles-based surf park operator. Terms were not disclosed.
Michael Cizmar& Associates Ltd Yippy Inc   Yippy Inc, a unit of Belmont Partners LLC, plans to acquire Michael Cizmar& Associates Ltd, a Chicago-based provider of business support services.
       
US M&A Deals Announced May 20 to May 26, 2016      
Source: Thomson Reuters      

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