Target | Acquirer | Value ($millions) | Synopsis |
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Bank of America Corp-Branch,Washington(4) | 1st Security Bank of Washington | | 1st Security Bank of Washington, a unit of FS Bancorp Inc, agreed to acquire four branches located in Washington of Bank of America Corp, a Charlotte-based provider of banking and financial services. |
Digiview Outdoor LLC-Digital Billboards(25) | Adams Outdoor Advertising LP | | Adams Outdoor Advertising LP acquired 25 digital billboards of Digiview Outdoor LLC, an Allentown-based provider of outdoor advertising services. Terms were not disclosed. |
W&T Offshore Inc-Permian Basin Assets | Ajax Resources Ltd | 376.1 | Ajax Resources Ltd of Canada definitively agreed to acquire the Permian Basin assets of W&T Offshore Inc, a Houston-based producer of crude petroleum and natural gas, for $376.1 million. |
Elemental Technologies Inc | Amazon Web Services Inc | | Amazon Web Services Inc, a unit of Amazon.com Inc, agreed to acquire Elemental Technologies Inc, a Portland-based developer of video streaming software. Terms were not disclosed, but according to people familiar with the transaction, the deal was valued at an estimated $500 million. |
Scioderm Inc | Amicus Therapeutics Inc | 947.1 | Amicus Therapeutics Inc (ATI) definitively agreed to acquire the entire share capital of Scioderm Inc, a Durham-based biopharmaceutical company, for an estimated $947.09 million. The consideration was to consist of $125 millionin cash, the issuance of 7 millionATI common shares valued at $104.09 millionand up to $718 millionin profit-related payments. The shares were valued based on ATI's closing stock price of $14.87 on 28 August 2015, the last full trading day prior to the announcement. |
Delcross Technologies LLC | ANSYS Inc | | ANSYS Inc acquired Delcross Technologies LLC, a Champaign-based developer of commercial computational electromagnetic (CEM) and RF system analysis software products. Terms were not disclosed. |
Millennial Media Inc | AOL Inc | 248.0 | AOL Inc (AOL), a unit of Verizon Communications Inc, agreed to acquire the entire share capital of Millennial Media Inc (Millennial), a Baltimore-based developer of mobile advertising software, for $1.75 in cash per share, or a total value of $247.98 millionvia a tender offer. Originally, in June 2015, AOL was rumored to be planning to acquire Millennial. |
Courtyard Marriott San Diego Mission Valley/Hotel Circle | Apple Hospitality REIT Inc | 56.0 | Apple Hospitality REIT Inc acquired Courtyard by Marriott, a San Diego-based hotel, from Carey Watermark Investors Inc for $56 million. |
WPX Energy Inc-North Dakota Gathering System | Ares Management LP | 185.0 | Ares Management LP planned to acquire theNnorth Dakota gathering system of WPX Energy Inc, a Tulsa-based producer of crude petroleum and natural gas, for an estimated $185 million. |
National Administration Co Inc | Arthur J Gallagher & Co | | Arthur J Gallagher & Co acquired National Administration Co Inc, a Chesterfield-based provider of office administrative services. Terms of the deal were not disclosed. |
Backyard Discovery Holdings LLC | Aterian Investment Partners LLC | | Aterian Investment Partners LLC acquired Backyard Discovery Holdings LLC, a Pittsburgh-based manufacturer of play sets and backyard products, in a leveraged buyout transaction. |
General Mills Inc-Green Giant,Frozen,Canned Vegetable Business | B&G Foods Inc | 765.0 | B&G Foods Inc agreed to acquire the Green Giant and the frozen and canned vegetable business (business) of General Mills Inc (GMI), a Minneapolis-based producer and wholesaler of general food products, for an estimated $765 millionin cash. Originally, in March 2015, GMI was rumored to be seeking a buyer for its business. |
Iron Sands Corp | Badlands NGLS LLC | 0.0 | Badlands NGLS LLC agreed to acquire a 50% interest in Iron Sands Corp, a Great Neck-based blank check company, for $0.049 million. |
Promedior Inc | Bristol-Myers Squibb Co | 1,250.0 | Bristol-Myers Squibb Co was granted an option to acquire Promedior Inc, a Lexington-based biotechnology company, for an estimated $1.25 bil. |
Impulse Manufacturing | BTD Manufacturing Inc | 30.5 | BTD Manufacturing Inc, a unit of Otter Tail Corp, acquired Impulse Manufacturing, a Dawsonville-based manufacturer of metal fabricated products, for $30.5 million. |
Asbury Place Assisted Living | CareTrust REIT Inc | 5.4 | CareTrust REIT Inc acquired Asbury Place Assisted Living, a Pensacola-based senior living facility, for $5.4 million. |
Exelan Pharmaceuticals Inc | Cipla (EU) Ltd | | Cipla (EU) Ltd ((Cipla EU) of the UK, a unit of Cipla Ltd, definitively agreed to acquire the entire share capital of Exelan Pharmaceuticals Inc, a Lawrenceville-based wholesaler of pharmaceutical products. Concurrently, Cipla EU definitively agreed to acquire the entire share capital of InvaGen Pharmaceuticals Inc. The two transactions were to have a combined value of $550 in cash. |
InvaGen Pharmaceuticals Inc | Cipla (EU) Ltd | 550.0 | Cipla (EU) Ltd (Cipla EU) of the UK, a unit of Cipla Ltd, definitively agreed to acquire the entire share capital of InvaGen Pharmaceuticals Inc, a Hauppauge-based manufacturer and wholesaler of pharmaceutical products. Concurrently, Cipla EU definitively agreed to acquire the entire share capital of Exelan Pharmaceuticals Inc. The two transactions were to have a combined value of $550 in cash. |
Granite 190,Dallas,Texas | City Office REIT Inc | 54.4 | City Office REIT Inc of Canada acquired Granite 190, a Dallas-based multi-tenant property, for $54.35 million. |
SS Great Lakes LLC | Colfax Creek Capital LLC | | Colfax Creek Capital LLC acquired SS Great Lakes LLC, provider of automotive operations support services, from Bosch Automotive Service Solutions Inc, owned by Bosch Sicherheitssysteme GmbH, in a leveraged buyout transaction. |
Gateway Commercial Inc | Colliers International Group Inc | | Colliers International Group Inc of Canada acquired Gateway Commercial Inc, a St. Louis-based real estate agency. Terms of the deal were not disclosed. |
SRA International Inc | Computer Sciences Corp | 390.0 | Computer Sciences Corp (Computer) definitively agreed to acquire SRA International Inc (SRA), a Fairfax-based provider of programming and consulting services, from Providence Equity Partners LLC for $390 millionin cash. Upon completion, Computer was to combine SRA with its spunoff company. CSGov and SRA shareholders were to own 15.32% in the combined entity. |
Engineered Products Co | Donaldson Co Inc | | Donaldson Co Inc acquired the entire share capital of Engineered Products Co, a Minnetonka-based manufacturer of measuring, displaying and controlling variables instruments and related products, from Spell Capital Partners LLC. |
iBiquity Digital Corp | DTS Inc | 172.0 | DTS Inc definitively agreed to merge with iBiquity Digital Corp, a Columbia-based manufacturer of in-band on-channel digital audio broadcasting systems, for an estimated $172 millionin cash. |
CareSouth Health Systems Inc-Home Health Agency Operations | Encompass Home Health Inc | 170.0 | Encompass Home Health Inc, a unit of EHHI Holdings Inc, definitively agreed to acquire the home health agency operations of CareSouth Health Systems Inc, an Augusta-based provider of home health, hospice and private duty services, for $170 millionin cash. |
Fifth Third Bank,Cincinnati,Ohio-Bank Branches(17) | First National Bank of Pennsylvania,Greenville,PA | | First National Bank of Pennsylvania, a unit of FNB Corp, agreed to acquire 17 bank branches of a Cincinnati-based Fifth Third Bank, ultimately-owned by Fifth Third Bancorp,Cincinnati,Ohio. |
KCRG-TV | Gray Television Inc | 100.0 | Gray Television Inc agreed to acquire KCRG-TV, a Cedar Rapids-based station, from ABC Inc, ultimately owned by Walt Disney Co, for $100 million in cash. |
Lightning Industries Inc | Highmark Marketing Inc | 1.5 | Highmark Marketing Inc of Canada signed a letter of intent to acquire the entire share capital of Lightning Industries Inc, a Hobbs-based manufacturer of air and gas compressors, from Domenari Capital LLC in exchange for the issuance of 40 millioncommon shares valued at $1.504 millionin a stock swap transaction. The shares were valued based on Highmark Marketing's closing stock price of $0.0376 on 02 September 2015, the last full trading prior to the announcement. |
Abel Pumps LP | Hillenbrand Inc | 106.6 | Hillenbrand Inc definitively agreed to acquire Abel Pumps LP, a Sewickley-based manufacturer of pumps and pumping equipment, from Abel GmbH & Co KG for $106.622 million. |
Mid-Atlantic ElderCare PLLC | IPC Healthcare Inc | | IPC Healthcare Inc acquired Mid-Atlantic ElderCare PLLC, a Woodlawn-based provider assisted living medical care services. |
Wolverine Automotive Holdings Inc | ITT Corp | 300.0 | ITT Corp agreed to acquire Wolverine Automotive Holdings Inc, a Dearborn-based manufacturer and wholesaler of metals, for an estimated $300 million. |
PacketVideo Corp-North American,European Connected Home Business Operations | J.M Driver LLC | | J.M Driver LLC acquired the North American and European connected home business operations of PacketVideo Corp, a San Diego-based developer of video and audio software. |
A&B Process Systems Corp | John Bean Technologies Corp | 102.0 | John Bean Technologies Corp definitively agreed to acquire A&B Process Systems Corp, a Stratford-based manufacturer of Stainless steel tanks, stainless steel piping and auxiliary stainless steel equipment, for an estimated $102 million. |
Cameron International Corp-Offshore Rigs Business | Keppel Offshore & Marine USA Inc | 100.0 | Keppel Offshore & Marine USA Inc, a unit of Keppel Offshore & Marine Ltd, planned to acquire the offshore rigs business of Cameron International Corp, a Houston-based manufacturer of oil and gas field machinery and equipment, for $100 million. |
Kremers Urban Pharmaceuticals Inc | Lannett Co Inc | 1,230.0 | Lannett Co Inc definitively agreed to acquire the entire share capital of Kremers Urban Pharmaceuticals Inc (Kremers), a Princeton-based manufacturer of specialty generic pharmaceutical products, from UCB SA (UCB)for $1.23 billion in cash and an undisclosed amount in profit-related payments. Originally, in August 2014, UCB was rumored to be seeking a buyer for Kremers. |
Halcyon Hospice LLC | LHC Group Inc | 58.5 | LHC Group Inc definitively agreed to acquire Halcyon Hospice LLC, a Cumming-based provider of home health care services, for $58.5 millionin cash. |
Medi-Lynx Cardiac Monitoring LLC | Medicalgorithmics SA | | Medicalgorithmics SA of Poland signed a letter of intent to acquire an undisclosed majority interest in Medi-Lynx Cardiac Monitoring LLC, a Plano-based provider of cardiac monitoring services. |
Medina Medical Inc | Medtronic PLC | 150.0 | Medtronic PLC acquired Medina Medical Inc, a Menlo Park-based manufacturer of medical devices, for $150 million. The consideration was to consist of $150 millioncash and an undisclosed amount in profit-related payments. |
Alteva Inc | Momentum Telecom Inc | 28.2 | Momentum Telecom Inc definitively agreed to acquire the entire share capital of Alteva Inc, a Warwick-based wired telecommunications carrier, for $4.7 per share, or a total value of $28.203 million. |
The Network Inc | NAVEX Global Inc | | NAVEX Global Inc, a unit of Vista Equity Partners LLC, acquired The Network Inc, a Norcross-based developer of ethics and compliance software. Terms were not disclosed. |
ScheduALL | Net Insight AB | 14.0 | Net Insight AB of Sweden acquired the entire share capital of ScheduALL, a Holywood-based software publisher, for $14 millionin cash. |
KB Electronics Inc | Nidec Corp | | Nidec Corp of Japan, through its Nidec Americas Holding Corp subsidiary, acquired KB Electronics Inc, a Coral Springs-based manufacturer of motor drives. |
Augusta Columbia Capital Group LLC | One Equity Partners LLC | | One Equity Partners LLC (One) acquired Augusta Columbia Capital Group LLC (Augusta), a New York-based private equity firm. Originally, in September 2015, One was rumored to be planning to acquire Augusta. |
North American Forest Products Inc | Patrick Industries Inc | 85.0 | Patrick Industries Inc acquired North American Forest Products Inc, an Edwardsburg-based manufacturer and distributor of profile wraps, custom mouldings, laminated panels and moulding products, for $85 million. The transaction was to include North American Moulding LLC. |
MACTek Corp | Pepperl und Fuchs GmbH | | Pepperl und Fuchs GmbH of Germany acquired MACTek Corp, a Twinsburg-based manufacturer of digital communication networks equipment. |
Mitchell-Vance Laboratories LLC | Perrigo Co PLC | | Perrigo Co PLC of Republic of Ireland acquired Mitchell-Vance Laboratories, a Guilford-based manufacturer of skin care products, from Enaltus LLC, ultimately-owned by HealthEdge Investment Partners LLC. |
Woodcraft Industries Inc | Quanex Building Products Corp | 248.5 | Quanex Building Products Corp definitively agreed to merge with Woodcraft Industries Inc, a St. Cloud-based manufacturer and wholesaler of hardwood products and a unit of Behrman Capital LP, for an estimated $248.5 million. |
Windward Holdings Inc | Quinsam Opportunities I Inc | | Quinsam Opportunities I Inc of Canada planned to acquire the entire share capital of Windward Holdings Inc, a Madison-based investment company. |
Advanced Services Inc | Recall Holdings Ltd | | Recall Holdings Ltd of Australia acquired Advanced Services Inc, a software publisher. |
The Steritech Group Inc | Rentokil Initial PLC | 475.0 | Rentokil Initial PLC of the UK agreed to acquire The Steritech Group Inc, a Charlotte-based provider of pest control businesses, for $475 millionin cash. |
10701-10719 Norwalk Boulevard Industrial Complex | Rexford Industrial Realty Inc | 7.3 | Rexford Industrial Realty Inc acquired 10701-10719 Norwalk Boulevard Industrial Complex, located in Santa Fe Springs, California, for $7.25 million. |
AEP Holdings Inc | Riverside Co | | Riverside Co acquired AEP Holdings Inc, a Blaine-based wholesaler of rotating electrical parts and components, from Pfingsten Partners LLC in a leveraged buyout transaction. The transaction was to include Arrowhead Electrical Products Inc. |
Baker Hill Corp | Riverside Co | | Riverside Co definitively agreed to acquire Baker Hill Corp, a Carmel-based developer of commercial banking software, from Experian Corp in a leveraged buyout transaction. |
Novatek Inc | Schlumberger Ltd | | Schlumberger Ltd acquired Novatek Inc, a Provo-based wholesaler consumer and commercial satellite systems and components. |
Arclin Inc | Seeking Buyer | | In September 2015, Black Diamond Capital Management LLC was rumored to be seeking a buyer for its Arclin Inc unit, a Roswell-based manufacturer of plastics materials. |
TippingPoint Technologies Inc | Seeking Buyer | | In September 2015, Hewlett Packard Co was rumored to be seeking a buyer for its TippingPoint Technologies Inc unit, an Austin-based provider of computer network security solutions. Terms were not disclosed, but according to people familiar with the transaction, the deal was valued at an estimated $300 million. |
Varden Technologies | SS&C Technologies Holdings Inc | | SS&C Technologies Holdings Inc acquired Varden Technologies, a Boston-based provider of client and advisor communication solutions. |
VA Consulting Inc | Stantec Inc | | Stantec Inc of Canada acquired VA Consulting Inc, an Irvine-based provider of engineering consulting services. |
Blyth Inc | The Carlyle Group LP | 96.8 | The Carlyle Group LP definitively agreed to acquire the entire share capital of Blyth Inc (Blyth), a Greenwich-based manufacturer and wholesaler of home fragrance products, via a tender offer for $6 in cash per share, or a total value of $96.83 million in a leveraged buyout transaction. The offer was conditioned upon a majority of Blyth's common shares being tendered. |
MedeAnalytics Inc | Thoma Bravo LLC | | Thoma Bravo LLC acquired an undisclosed majority interest in MedeAnalytics Inc, an Emeryville-based provider of consulting services, in a leveraged buyout transaction. Terms were not disclosed. |
Ultra Flex Packaging Corp | Transcontinental Inc | 80.0 | Transcontinental Inc of Canada definitively agreed to acquire Ultra Flex Packaging Corp, a Brooklyn-based manufacturer of packaging products, for an estimated $80 millionplus an undisclosed amount in profit-related payments. |
Great Lakes Foam Technologies Inc | Unique Fabricating Inc | 12.0 | Unique Fabricating Inc, a unit of Taglich Private Equity LLC, acquired Great Lakes Foam Technologies Inc, a Concord-based manufacturer of polyurethane components, for an estimated $12 millionin cash. |
Synergetics USA Inc | Valeant Pharmaceuticals International Inc | 195.7 | Valeant Pharmaceuticals International Inc definitively agreed to acquire the entire share capital of Synergetics USA Inc, an O'Fallon-based manufacturer of electronic surgical equipment, for $195.695 millionvia a tender offer. The consideration was to consist of $6.5 in cash per share, or a total value of $170.122 and up to $25. 573 in profit-related payments. The offer was conditioned upon at least majority of shares being tendered. |
Fuel Systems Solutions Inc | Westport Innovations Inc | 136.4 | Westport Innovations Inc of Canada (WPRT) agreed to merge with Fuel Systems Solutions Inc (FSYS), a New York-based manufacturer and wholesaler of alternative fuel components and systems, in a stock swap transaction valued at $136.365 million. WPRT offered 2.129 common shares per FSYS share. Based on WPRT's closing stock price on 31 August 2015, each FSYS share was valued at $7.537. Upon completion, WPRT and FSYS were to own 64% and 36%, respectively, of the merged entity. |
Quinlan Crossing Retail Center,Austin,Texas | Whitestone REIT | 37.5 | Whitestone REIT acquired the Quinlan Crossing Retail Center located in Austin for $37.5 million. |
Technomic Inc | Winsight LLC | | Winsight LLC acquired Technomic Inc, a Chicago-based provider of market research services. |
inVentiv Patient Access Solutions LLC | Xerox Corp | | Xerox Corp acquired inVentiv Patient Access Solutions LLC, a Somerset-based provider of patient access and reimbursement services, from inVentiv Health Inc, owned by Thomas H Lee Partners LP. Terms were not disclosed. |
Continuous Forms Control Inc | YPB Group Ltd | 0.6 | YPB Group Ltd (YPB) of Australia acquired the entire share capital of Continuous Forms Control Inc (CFC), a Laguna Niguel-based provider of business packaging services, for $0.6 millionin a stock swap transaction. The consideration consisted of $0.3 millionin cash and the issuance of $0.3 millionin YPB ordinary shares. On completion, CFC changed its name to YPB Print Solutions Inc. |
US M&A Deals Announced August 30-September 4, 2015 | | | |
Source: Thomson Reuters | | | |