TargetAcquirerValue ($millions)Synopsis
Medivation IncPfizer Inc14,118.3Pfizer Inc, acting as white knight, definitively agreed to merge with Medivation Inc, a San Francisco-based manufacturer of pharmaceutical preparation, for $81.50 per share or a total of $14.118 billion via a challenging tender offer. The offer was conditional upon at least a majority of Medivation's shares being tendered. Originally, in March 2016, Pfizer Inc was rumored to be planning to acquire the entire share capital of Medivation Inc. Previously, Sanofi SA of France planned to launch an unsolicited offer to acquire the entire share capital of Medivation Inc.
CST Brands IncAlimentation Couche-Tard Inc3,688.5Alimentation Couche-Tard Inc of Canada definitively agreed to merge with CST Brands Inc, a San Antonio-based retailer of petroleum-related products, for $48.53 per share or a total of $3.688 billion. Concurrently, Parkland Fuel Corp of Canada, definitively agreed to acquire certain assets of CST. Previously, in June 2016, an investor group, comprised of Alimentation Couche-Tard and Seven & i Holdings Co Ltd, was rumored to be planning to acquire the entire share capital of CST.
Language Line Holdings LLCTeleperformance SA1,522.0Teleperformance SA of France definitively agreed to merge with Language Line Holdings LLC, a Monterey-based provider of over-the-phone and video interpretation solutions, from ABRY Partners LLC and other shareholders for $1.522 billion. Originally, in March 2016, ABRY was rumored to be seeking a buyer for Language Line.
Arris Petroleum CorpPDC Energy Inc868.3PDC Energy Inc definitively agreed to acquire the entire share capital of Arris Petroleum Corp, a Denver-based oil and gas exploration and production company, for an estimated $ 868.261 million . The consideration would consist of around $525.265 million in cash and 5.39 million PDC common shares collectively valued at $342.996 million . The shares were valued based on PDC's closing stock price of $63.63 on 22 August 2016, the last full trading prior to the announcement. Concurrently, PDC definitively agreed to acquire the oil & gas assets of 299 Resources LLC.
Mallinckrodt PLC-Nuclear Imaging BusinessIBA Molecular North America Inc690.0IBA Molecular North America Inc, a unit of Illinois Health & Science, definitively agreed to acquire the nuclear imaging business of Mallinckrodt PLC, a Dublin-based manufacturer of pharmaceutical preparation, for an estimated $690 million . The consideration would consist of $574 million in cash, the assumption of $39 million in liabilities and up to $77 million in profit related payments.
299 Resources LLC-Oil & Gas AssetsPDC Energy Inc643.7PDC Energy Inc definitively agreed to acquire the oil & gas assets of 299 Resources LLC, a New York-based oil and gas exploration and production company, for an estimated $643.695 million . The consideration would consist of an estimated $389.411 million in cash and 3.996 million PDC common shares collectively valued at $254.284 million . The shares were valued based on PDC's closing stock price of $63.63 on 22 August 2016, the last full trading prior to the announcement. Concurrently, PDC definitively agreed to acquire the entire share capital of Arris Petroleum Corp.
AEP Industries IncBerry Plastics Group Inc566.5Berry Plastics Group Inc definitively agreed to merge with AEP Industries Inc, a Montvale-based manufacturer of plastics films and products, for $566.451 million via a stock swap transaction. Berry offered $110 in cash per share or 2.5011 Berry common share per AEP common share, subject to proration whereby 50% of the total consideration would be paid in cash and the remaining 50% in common shares. Upon completion of the deal, Berry and AEP would respectively own 95% and 5% of the merged entity.
CIFC CorpFAB Partners LP283.5FAB Partners LP of Jersey definitively agreed to merge with CIFC Corp, a New York-based private debt manager, for $11.46 per share or a total of $283.478 million .
GNBKing Lai Hygienic Materials Co Ltd3.9Taiwan's King Lai Hygienic Materials Co Ltd, a unit of Kunshan Kinglai Hygienic Materials Co Ltd, agreed to acquire the entire share capital of GNB, a manufacturer and wholesaler of vacuum plumbing fixture fittings and trims, for $3.9 million .
Tutle & Tutle Trucking Inc-Certain AssetsSelect Sands Corp0.6Select Sands Corp of Canada agreed to acquire certain assets of Tutle & Tutle Trucking Inc, a Cleburne-based provider of sand trucking services, for $0.55 million . The consideration would consist of $0.475 million in cash and $0.075 million in common shares.
Dermatology Clinic PCAdvanced Dermatology & Cosmetic Surgery Advanced Dermatology & Cosmetic Surgery acquired Dermatology Clinic PC, a dermatology practice owned by Dr. Larry W. Cole.
Omega Acquisition CorpAEA Investors LP AEA Investors LP acquired Omega Acquisition Corp, an Irving-based wholesaler of aftermarket automotive climate control parts, from River Associates Investments LLC via a leveraged buyout transaction.
BETA Healthcare GroupAlpha Fund Alpha Fund plans to acquire BETA Healthcare Group, an Alamo-based insurance agency.
United Insurance Holdings CorpAmerican Coastal Insurance Co American Coastal Insurance Co plans to acquire a 49% stake in United Insurance Holdings Corp, a St Petersburg-based direct property and casualty insurance carrier.
Andover At Winter ParkAvesta Communities LLC Avesta Communities LLC acquired Andover At Winter Park, a 348-unit apartment home community in Orlando, Florida.
LeadgenixBig Leap Big Leap acquired Leadgenix, a Provo-based provider of computer systems design services.
Tiger X Medical IncBioCardia Inc BioCardia Inc plans to acquire the entire share capital of Tiger X Medical Inc, a Beverly Hills-based manufacturer of surgical appliance and supplies.
Lakes at Myrtle Park ApartmentsBlaze Partners LLC Blaze Partners LLC acquired Lakes at Myrtle Park Apartments, a 360-unit institutional, class A multifamily community in the greater Hilton Head area.
Sole SocietyCamuto Group Camuto Group acquired an undisclosed majority interest in Sole Society, a family clothing retailer, from Nordstrom Inc.
Badger SportwearCCMP Capital Advisors LLC CCMP Capital Advisors LLC plans to acquire Badger Sportwear, a Statesville-based manufacturer of sporting and athletic goods, via a leveraged buyout transaction.
Global Medical Staffing LLCCHG Healthcare Services Inc CHG Healthcare Services Inc acquired Global Medical Staffing LLC, a Salt Lake City-based provider of human resources and executive search consulting services.
BioClinica IncCinven Ltd Via a leveraged buyout transaction, Cinven Ltd of Guernsey definitively agreed to acquire BioClinica Inc, a Doylestown-based provider of integrated technology-enhanced clinical trial management services, from JLL Partners Fund VI LP, ultimately owned by JLL Partners Inc. Originally, in May 2016, JLL was rumored to be seeking a buyer for its BioClinica unit. Cinven Ltd was named as a potential bidder back then.
C&A Paving CoClements Concrete Co Clements Concrete Co plans to acquire C&A Paving Co, a Boise-based housing constructor.
Aloft Atlanta Downtown,AtlantaCondor Hospitality Trust Inc Condor Hospitality Trust Inc acquired an 80% interest in Aloft Atlanta Downtown, a trendy hotel located in Atlanta. Terms were not disclosed, but according to sources close to the matter, the deal was reportedly valued at $43.55 million .
Woodland O'Brien & AssociatesConstellation HomeBuilder Systems Inc Canada's Constellation HomeBuilder Systems Inc, a unit of Constellation Software Inc, acquired Woodland O'Brien & Associates, a St. Paul-based provider of management consulting services.
Larry's Chemical & Spray IncCrop Production Services Inc {CPS} Crop Production Services Inc, a unit of Agrium Inc, acquired Larry's Chemical & Spray Inc, a Brownfield-based chemical and allied products merchant wholesaler.
Highland DermatologyDermatology Associates of Tyler Dermatology Associates of Tyler acquired Highland Dermatology, a full-service dermatology practice in Dallas. Concurrently, Dermatology Associates of Tyler acquired Southwest Cosmetic Dermatology Associates, Skin and Laser Surgery Associates, Medical Arts Dermatology and Powell Dermatology.
Southwest Cosmetic Dermatology AssociatesDermatology Associates of Tyler Dermatology Associates of Tyler acquired Southwest Cosmetic Dermatology Associates, a full-service dermatology practice in Pasadena. Concurrently, Dermatology Associates of Tyler acquired Highland Dermatology, Skin and Laser Surgery Associates, Medical Arts Dermatology and Powell Dermatology.
Skin & Laser Surgery AssociatesDermatology Associates of Tyler Dermatology Associates of Tyler acquired Skin & Laser Surgery Associates, a skin care clinic located in Pasadena. Concurrently, Dermatology Associates of Tyler acquired Highland Dermatology, Southwest Cosmetic Dermatology Associates, Medical Arts Dermatology, and Powell Dermatology.
Medical Arts DermatologyDermatology Associates of Tyler Dermatology Associates of Tyler acquired Medical Arts Dermatology, a skin care clinic in Waxahachie. Concurrently, Dermatology Associates of Tyler has acquired Highland Dermatology, Southwest Cosmetic Dermatology Associates, Skin and Laser Surgery Associates and Powell Dermatology.
Powell DermatologyDermatology Associates of Tyler Dermatology Associates of Tyler acquired Powell Dermatology, a skin care clinic in Sugar Land. Concurrently, Dermatology Associates of Tyler acquired Highland Dermatology, Southwest Cosmetic Dermatology Associates, Skin and Laser Surgery Associates and Medical Arts Dermatology.
Affinity Sports LLCDick's Sporting Goods Inc Dick's Sporting Goods Inc acquired Affinity Sports LLC, a San Diego-based developer of sports management software.
Progress Ridge TownSquareDonahue Schriber Realty Group Donahue Schriber Realty Group acquired Progress Ridge TownSquare, a 213,849-square-foot shopping center located in Beaverton.
Auto Craft Tool & Die IncEckhart & Associates Inc Eckhart & Associates Inc acquired Auto Craft Tool & Die Inc, an Algonac-based manufacturer of automobiles.
ELEMENT GLOBAL MINING GROUP INCElement Global Inc Element Global Inc signed a letter of intent to acquire the Element Global Mining Group Inc, a provider of support services for metal mining.
LANEFinn Partners Finn Partners, a unit of Ruder Finn Inc, plans to acquire LANE, a Portland-based public relations agency.
Commercial Bancshares Inc, Upper Sandusky,OhioFirst Defiance Financial Corp, Defiance,Ohio First Defiance Financial Corp plans to acquire the remaining stake it does not already own in Commercial Bancshares Inc, an Upper Sandusky-based commercial bank. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $63 million .
Boral Ltd-Brick BusinessForterra Inc-Brick Business Via the formation of a joint venture, Forterra Inc agreed to merge its brick business with that of Boral Ltd, a cement manufacturer based in Prospect, New South Wales. Upon completion of the deal, Forterra and Boral would own equal halves of the joint venture.
HEPACO IncGryphon Investors Inc Gryphon Investors Inc acquired HEPACO Inc, a Charlotte-based provider of solid waste collection services.
2FA IncIdentity Automation Identity Automation acquired 2FA Inc, an Austin-based software publisher.
Atypon Systems IncJohn Wiley & Sons Inc John Wiley & Sons Inc plans to acquire Atypon Systems Inc, a Santa Clara-based internet service provider. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $120 million .
Physicians Endoscopy LLCKelso & Co Kelso & Co acquired Physicians Endoscopy LLC, a Jamison-based freestanding ambulatory surgical and emergency center operator, via a leveraged buyout transaction.
Process Power & Control IncLoenbro Inc Loenbro Inc acquired Process Power & Control Inc, a Glenrock-based electrical contractor.
AdapChain IncLogility Inc Logility Inc, a unit of American Software Inc, acquired AdapChain Inc, a West Chester-based software publisher.
Elliptical Mobile Solutions LLCManaged Admin LLC Managed Admin LLC acquired Elliptical Mobile Solutions LLC, a pioneer in the development of self-contained, high-density, cost-effective and energy efficient Micro-Modular Data Centers located in Chandler.
Westen Dental GroupMarquee Dental Partners LLC Marquee Dental Partners LLC agreed to acquire Westen Dental Group, a Bowling Green-based provider of general dentistry services.
Pulse Broadband LLCNational Rural Telecommunications Cooperative National Rural Telecommunications Cooperative plans to acquire Pulse Broadband LLC, a Chesterfield-based internet service provider.
Boomerang Clean LLCNext Cleaners Next Cleaners acquired Boomerang Clean LLC, a New York-based on-demand laundry and dry cleaning delivery service provider.
Red Granite LLCOstrow Reisin Berk & Abrams Ltd Ostrow Reisin Berk & Abrams Ltd plans to acquire Red Granite LLC, a full-service accounting and financial services firm based in Chicago.
The Physical Therapy Connection IncPhoenix Rehabilitation & Health Services Inc Phoenix Rehabilitation & Health Services Inc acquired The Physical Therapy Connection Inc, a Dewitt-based physical theraphy firm.
Intersil CorpRenesas Electronics Corp Japan's Renesas Electronics Corp, a unit of the Japanese state-owned Innovation Network Corp of Japan, is rumored to be planning to acquire the entire share capital of Intersil Corp, a million pitas-based manufacturer of high performance analog semiconductors. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $3 billion.
Fast Pace Urgent CareRevelstoke Capital Partners LLC Revelstoke Capital Partners LLC acquired Fast Pace Urgent Care, a Brentwood-based provider of ambulatory healthcare services, from Shore Capital Partners LLC via a leveraged buyout transaction.
Orange Countyindustrial ComplexRexford Industrial Realty Inc Rexford Industrial Realty Inc acquired Orange County Industrial Complex, a five-property industrial complex in Orange County. The deal was reportedly valued at $40.1 million .
Intelligent Power & Energy Research CorpS&C Electric Co S&C Electric Co plans to acquire the entire share capital of Intelligent Power & Energy Research Corp, a Fort Montgomery-based manufacturer of power, distribution and specialty transformers.
AppFirst IncScienceLogic Inc ScienceLogic Inc acquired AppFirst Inc, a Bloomington-based software developer. Terms were not disclosed.
Cherri Prince Company LLCSeed Strategy Inc Seed Strategy Inc acquired Cherri Prince Company LLC, an Odessa-based provider of marketing consulting services.
Lift ScienceShaw + Scott Shaw + Scott acquired Lift Science, a Seattle-based provider of marketing consulting services.
Professional Waste Consulting LLCSIB Fixed Cost Reduction SIB Fixed Cost Reduction acquired Professional Waste Consulting LLC, a Florence-based provider of hazardous waste treatment and disposal services.
Uvize IncSonderMind SonderMind acquired Uvize Inc, a Boulder-based software publisher.
Big City MomsSparks Exhibits & Environments Corp Marlton Technologies Inc's unit Sparks Exhibits & Environments Corp acquired Big City Moms, a New York-based provider of personal services.
AstroTurf Industries(Southwest Recreational)Sport Group Holdings GmbH Sport Group Holdings GmbH of Germany acquired AstroTurf Industries, a Dalton-based carpet and rug million l operator, from Southwest Recreational Industries Inc, ultimately owned by Textile Management Associates Inc.
Insignia Bank,Sarasota,FLStonegate Bank,Fort Lauderdale,Florida Stonegate Bank plans to acquire Insignia Bank, a Sarasota-based commercial bank. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at around $36.5 million .
Surreal IncSTX Productions LLC STX Productions LLC acquired Surreal Inc, a Burbank-based provider of advertising material distribution services.
Kelleher Enterprise IncTerryberry Co LLC Terryberry Co LLC acquired Kelleher Enterprise Inc, an Ann Arbor-based provider of marketing consulting services.
Citymaps IncTripAdvisor LLC TripAdvisor LLC acquired Citymaps Inc, a New York-based wired telecommunications carrier.
Custom Fibreglass Manufacturing CoTruck Accessories Group LLC Truck Accessories Group LLC, a unit of JB Poindexter & Co LP, acquired Custom Fibreglass Manufacturing Co, a Long Beach-based manufacturer and wholesaler of motor vehicle supplies and parts.
Kings Ready Mix IncUS Concrete Inc US Concrete Inc acquired Kings Ready Mix Inc, a Brooklyn-based manufacturer and wholesaler of concrete blocks and bricks.
Valero Energy Corp-Meraux Terminal Services BusinessValero Energy Partners LP Valero Energy Partners LP, a unit of Valero Energy Corp, plans to acquire Meraux terminal services business of Valero, a San Antonio-based manufacturer and wholesaler of petroleum related products, via an internal reorganization. The transaction would include Valero's Three Rivers Terminal Services business.
KFI Seating IncWeller Equity Partners Weller Equity Partners acquired KFI Seating Inc, a Louisville-based manufacturer and wholesaler of furniture products, via a leveraged buyout transaction.
Legacy for Life LLCYoungevity International Inc Youngevity International Inc plans to acquire Legacy for Life LLC, a drug store based in Oklahoma City.
Ruckus Factory Digital Studios LLCZazoom Media Group LLC Zazoom Media Group LLC acquired Ruckus Factory Digital Studios LLC, a Chicago-based producer of motion pictures and videos.
US M&A Deals Announced August 19 to August 25, 2016   
Source: Thomson Reuters