Target | Acquirer | Value ($millions) | Synopsis |
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QStar LLC-Howard & Martin Counties Assets,West Texas | SM Energy Co | 1,618.8 | SM Energy Co definitively agreed to acquire the Howard & Martin counties assets in West Texas of QStar LLC, a Houston-based oil and gas exploration and production company ultimately owned by EnCap Investments LP, for an estimated $1.619 billion. The consideration would consist of around $1.1 billion in cash and the issuance of 13.4 million common shares collectively valued at $518.848 million. The shares were valued based on SM Energy's closing stock price of $38.72 on 17 October 2016, the last full trading day prior to the announcement. Concurrently, Oasis Petroleum Inc definitively agreed to acquire the Williston Basin assets of SM Energy. |
SM Energy Co-Williston Basin Assets | Oasis Petroleum Inc | 785.0 | Oasis Petroleum Inc, a unit of OAS Holding Co LLC, definitively agreed to acquire the Williston Basin assets of SM Energy Co, a Denver-based oil and gas exploration and production company, for around $785 million. |
Freeport-McMoRan Inc-Onshore California Oil & Gas Properties | Sentinel Peak Resources LLC | 742.0 | Sentinel Peak Resources LLC, a unit of Quantum Energy Partners, agreed to acquire the onshore California oil & gas properties of Freeport-McMoRan Inc, a Phoenix-based copper, gold and molybdenum mining company, for $742 million. The consideration would consist of $592 million in cash and up to $150 million in profit related payments. |
Appirio Inc | Wipro Ltd | 500.0 | Wipro Ltd of India definitively agreed to acquire Appirio Inc, an Indianapolis-based provider of software development services, for $500 million. |
Alon USA Energy Inc | Delek US Holdings Inc | 266.7 | Through an unsolicited offer, Delek Group Ltd's unit Delek US Holdings Inc plans to launch a tender offer to acquire the remaining 36.920 million shares or 51.7% interest it does not already own in Alon USA Energy Inc, a Dallas-based petroleum refinery operator, from Alon Israel Oil Co Ltd for $266.738 million via a stock swap transaction. Delek offered 0.44 common share per Alon share. Based on Delek's closing stock price of $16.42 on 13 October 2016, the last full trading day prior to the announcement, each Alon share was valued at $7.225. |
PitchBook Data Inc | Morningstar Inc | 180.0 | Morningstar Inc definitively agreed to raise its interest to 100% from 20% by acquiring an additional 80% interest in PitchBook Data Inc, a Seattle-based investment advisor, for $180 million. |
TIW Corp | Dril-Quip Inc | 143.0 | Dril-Quip Inc agreed to acquire TIW Corp, a Houston-based manufacturer of oil and gas field machinery and equipment, for $143 million. |
Community Health United Home Care LLC | National Health Industries Inc | 128.0 | National Health Industries Inc, a unit of Almost Family Inc, definitively agreed to acquire an 80% interest in Community Health United Home Care LLC, a health care provider, from Community Health Systems Inc for $128 million. |
Charles Smith Wines | Constellation Brands Inc | 120.0 | Constellation Brands Inc agreed to acquire Charles Smith Wines, a Walla Walla-based producer and wholesaler of wine, for around $120 million. Concurrently, Ontario Teachers' Pension Plan agreed to acquire the Canadian wine business of Constellation for around CAD 1.03 billion (USD 784.165 mil). |
CVS Pharmacy Properties(24) | Inland Real Estate Acquisitions Inc | 116.0 | Inland Real Estate Acquisitions Inc, a unit of The Inland Real Estate Group of Cos Inc, acquired 24 CVS Pharmacy properties in the US for $116 million. |
Platinum Bank Holding Co | CenterState Banks Inc | 83.9 | CenterState Banks Inc agreed to acquire the entire share capital of Platinum Bank Holding Co, a Brandon-based commercial bank, for around $83.9 million. The consideration would consist of $7.60 in cash per PBHC outstanding share and 3.7832 CenterState share per PBHC outstanding share. |
One Jefferson | Investor Group | 78.0 | An investor group, comprising Pacific Life Insurance Co and Security Properties Inc, acquired One Jefferson, an apartment complex in Oswego, from Jackson Square Properties and Friedkin Realty Group for $78 million. |
etailz Inc | Trans World Entertainment Corp | 74.6 | Trans World Entertainment Corp acquired the entire share capital of etailz Inc, a Spokane-based ecommerce firm, for $74.599 million. The consideration consisted of $36.2 million in cash and up to $14.6 million in profit-related payments. It also included the assumption of $4.2 million in liabilities and the issuance of 5.731 million new common shares collectively valued at $19.599 million. The shares were valued at closing stock price of $3.42 on 14 October, 2016, the last full trading day prior to the announcement. |
Blue Ocean Technologies LLC-Assets | Oceaneering International Inc | 30.0 | Oceaneering International Inc acquired the assets of Blue Ocean Technologies LLC, a Birmingham-based provider of support services for oil and gas operations, for around $30 million. |
Beasley Broadcast Group Inc-Radio Station(4) | Entercom Communications Corp | 24.0 | Entercom Communications Corp agreed to acquire four radio station from Beasley Broadcast Group Inc, a Naples-based radio network, for $24 million. The transaction is contingent upon the completion of the acquisition of Greater Media Inc by Beasley. |
Triton Miami Inc | ADDvantage Technologies Group Inc | 8.5 | ADDvantage Technologies Group Inc acquired Triton Miami Inc, a Miami-based provider of computer related services, for $8.5 million in cash and an undisclosed amount in profit-related payments. |
Precision Tool & Molding LLC | CTP Carrera Inc | 6.5 | CTP Carrera Inc, a unit of Carclo PLC, acquired Precision Tool & Molding LLC, a Derry-based manufacturer of plastics products, for around $6.5 million. The consideration consisted of $5.5 million in cash and up to $1 million in profit-related payments. |
James Brehm & Associates LLC | 151 Advisors | | 151 Advisors plans to acquire the entire share capital of James Brehm & Associates LLC, a San Antonio-based provider of administrative management and general management consulting services. |
Thermacore International Inc | Aavid Thermalloy LLC | | Audax Group LP's unit Aavid Thermalloy LLC acquired Thermacore International Inc, a Lancaster-based manufacturer of air-conditioning equipment, from FSBO Ventures. |
Careport Health Inc | Allscripts Healthcare Solutions Inc | | Allscripts Healthcare Solutions Inc, a unit of Misys PLC, acquired Careport Health Inc, a Boston-based technology company. |
Visiting Nurse Association Of Long Island Inc | Amedisys Inc | | Amedisys Inc acquired Visiting Nurse Association of Long Island Inc, a Garden City-based provider of home health care services. Terms were not disclosed, but according to sources close to the matter, the deal was valued at $4.6 million. |
The Ready Group LLC | AutoAlert Inc | | AutoAlert Inc acquired the entire share capital of The Ready Group LLC, an automotive parts and accessories retailer. |
Advanced Pharma Inc | Avella Specialty Pharmacy | | Avella Specialty Pharmacy plans to acquire Advanced Pharma Inc, a Houston-based manufacturer of pharmaceutical preparations. |
MLK Plaza | Baceline Investments LLC | | Baceline Investments LLC acquired MLK Plaza, a 46,648-square-foot neighborhood shopping center in St. Louis, via a leveraged buyout transaction. Terms were not disclosed, but according to sources close to the matter, the deal was valued at $6.35 million. |
Step2 Co LLC | Backyard Discovery Holdings LLC | | Backyard Discovery HoldingsLLC, a unit of Aterian Investment Partners LLC, acquired the entire share capital of Step2 Co LLC, a Streetsboro-based toy manufacturer, from Liberty Partners LP. |
AHS Staffing | BelHealth Investment Partners LLC | | BelHealth Investment Partners LLC acquired AHS Staffing, an Edmond-based nursing care facility operator, via a leveraged buyout transaction. Terms were not disclosed. |
480-unit multifamily nevadan apartments,atlanta,ga | Bluerock Residential Growth REIT Inc | | Bluerock Residential Growth REIT Inc acquired a 480-unit multifamily Nevadan apartments. Terms were not disclosed, but according to sources close to the matter, the deal was valued at $68.25 million. |
RecruitMilitary LLC | Bradley-Morris Inc | | Bradley-Morris Inc acquired RecruitMilitary LLC, a Loveland-based provider of human resources services for military veterans. |
NUTCASE INC | Bravo Sports Inc | | Bravo Sports Inc, a unit of Transom Capital Group LLC, acquired NUTCASE INC, a Portland-based manufacturer of sporting and athletic goods. |
HealthWyse LLC | Casamba Inc | | Casamba Inc merged with HealthWyse Corp, a Wilmington-based provider of computer systems design services. Concurrently, Casamba merged with Therapy Source Inc. |
Therapy Source Inc | Casamba Inc | | Casamba Inc acquired the entire share capital of Therapy Source Inc, a Plymouth Meeting-based operator of an outpatient care center. Concurrently, Casamba acquired HealthWyse LLC. |
Siemer & Associates LLC | China eCapital Corp | | China eCapital Corp acquired the entire share capital of Siemer & Associates LLC, a Santa Monica-based securities brokerage. |
AC Propulsion Inc | Chongqing Sokon Industry Group Co Ltd | | China's Chongqing Sokon Industry Group Co Ltd, a unit of Chongqing Sokon Holdings Co Ltd, plans to acquire the entire share capital of AC Propulsion Inc, a manufacturer of motors and generators. Concurrently, Chongqing Sokon Industry Group Co Ltd plans to acquire the entire share capital of E Motor Advance Corporation Ltd and E Motor Corporation Ltd. |
Pangaea Networks LLC | Cleareon Fiber Networks LLC | | Cleareon Fiber Networks LLC acquired Pangaea Networks LLC, a Glen Rock-based electrical contractor. |
Filtra-Systems Co Inc | CNI Commercial LLC | | CNI Commercial LLC acquired Filtra-Systems Co Inc, a Farmington Hills-based manufacturer of heating equipment. |
Redspread Inc | CoreOS Inc | | CoreOS Inc acquired Redspread Inc, a San Francisco-based software publisher. |
Hudson Studios Inc | CreativeDrive | | CreativeDrive acquired Hudson Studios Inc, a New York-based photography studio. |
Alpha Petroleum Resources LP | Crescent Hill Capital Corp | | Crescent Hill Capital Corp plans to acquire Alpha Petroleum Resources LP, an Irving-based producer of crude petroleum and natural gas. |
Tek Leaders Inc | Devender Reddy Aerrabolu | | Devender Reddy Aerrabolu acquired Tek Leaders Inc, a Plano-based software publisher. |
Companion Care Co | Dungarvin Inc | | Dungarvin Inc acquired Companion Care Co, an Indianapolis-based provider of home health care services. |
TriFusion Devices | Essentium Materials LLC | | Essentium Materials LLC acquired TriFusion Devices, a College Station-based software publisher. Terms were not disclosed. |
WNA Wealth Advisors Inc | Financial Strategy Network LLC | | Financial Strategy Network LLC acquired the entire share capital of WNA Wealth Advisors Inc, a Hinsdale-based provider of financial investment services. |
Gulf Coast Community Bank,Pensacola,FL | First Bancshares Inc | | First Bancshares Inc acquired the entire share capital of Gulf Coast Community Bank, a Pensacola-based commercial bank. Concurrently, FBMS acquired the entire share capital of Iberville Bank via a three-way merger. |
Iberville Bank,Plaquemine,LA | First Bancshares Inc | | First Bancshares Inc acquired the entire share capital of Iberville Bank, a Plaquemine-based commercial bank, from A Wilbert's Sons Lumber & Shingle Co. Concurrently, FBMS acquired the entire share capital of Gulf Coast Community Bank via a three-way merger. |
First Trust High Income Long/ Short Fund | First Trust Active Dividend Income Fund | | First Trust Active Dividend Income Fund acquired the entire share capital of First Trust High Income Long/Short Fund, a Wheaton-based financial vehicle. |
Sedia Biosciences Corp | Floragenex Inc | | Floragenex Inc acquired the entire share capital of Sedia Biosciences Corp, a Portland-based manufacturer of biological products. |
Dairy Queen Restaurant Tulsa Oklahoma | Four Corners Property Trust Inc | | Four Corners Property Trust Inc acquired the Dairy Queen Restaurant in Tulsa for $2.6 million. |
HME Products LLC | Good Sportsman Marketing LLC | | Good Sportsman Marketing LLC acquired HME Products LLC, an Isanti-based provider of sporting and recreational goods and supplies. |
Tustin Commons | Harbor Associates LLC | | Harbor Associates LLC acquired Tustin Commons, a 210,875 square foot, three-building, office and flex portfolio in Santa Ana. |
Conrad Phillips & Vutech Inc | Hart Inc | | Hart Inc acquired Conrad Phillips & Vutech Inc, a Columbus-based provider of marketing consulting services. |
Maestro Managed Print Solutions | IBS Direct Inc | | IBS Direct Inc plans to acquire the entire share capital of Maestro Managed Print Solutions, a Bloomfield Hills-based book publisher. |
ThinkVine | Ignite Analytics | | Ignite Analytics, a unit of Ignite Technologies Inc, acquired ThinkVine, a Cincinnati-based software publisher. |
Edgartown National Bank | Independent Bank Corp, Rockland,Massachusetts | | Independent Bank Corp plans to acquire the remaining stake it does not already own in Edgartown National Bank, an investment bank. |
East Coast Insulators Inc | Installed Building Products Inc | | Installed Building Products Inc acquired East Coast Insulators Inc, a Nokesville-based drywall and insulation contractor. |
Miracle Mile Shops | Institutional Mall Investors LLC | | Institutional Mall Investors LLC, jointly owned by California Public Employees Retirement System and Miller Capital Advisory Inc, acquired Miracle Mile Shops, a shopping mall in Las Vegas, from Boulevard Invest LLC. Terms were not disclosed. |
theMaven Network Inc | Integrated Surgical Systems Inc | | Integrated Surgical Systems Inc plans to acquire the entire share capital of the Maven Network Inc, a software publisher. |
Arteriocyte Medical Systems Inc | Isto Holdings | | Isto Holdings acquired Arteriocyte Medical Systems Inc, a Hopkinton-based medical device company. |
MC&A Inc | JTB Corp | | JTB Corp of Japan agreed to acquire the entire share capital of MC&A Inc, a Honolulu-based provider of destination and event management services. |
SST Beniefits Consulting & Insurance Services Inc | Kestra Financial Inc | | NFP Corp, a unit of Madison Dearborn Partners LLC, acquired SST Benefits Consulting & Insurance Services Inc, an El Dorado Hills-based provider of administrative management and general management consulting services. |
Mozu | Kibo Software Inc | | Kibo Software Inc acquired Mozu, an Austin-based provider of software and commerce solutions. |
Wylie Wagg for Pets LLC | Kriser's Natural Pet | | Kriser's Natural Pet acquired Wylie Wagg for Pets LLC, a Middleburg-based pet store. |
AdwCleaner | Malwarebytes Corp | | Malwarebytes Corp acquired AdwCleaner, a software publisher. |
Central New York Anesthesia Group PC | MEDNAX Inc | | MEDNAX Inc acquired Central New York Anesthesia Group PC, a Syracuse-based medical group practice. Terms were not disclosed. |
Portfolio of Six Apartments Property | Milestone Apartments Real Estate Investment Trust | | Milestone Apartments Real Estate Investment Trust of Canada plans to acquire six property portfolio, comprising 1,460 apartment units, for $242 million. |
Braille Battery Inc | Mincom Capital Inc | | Mincom Capital Inc of Canada plans to acquire a 75% interest in Braille Battery Inc, a Sarasota-based manufacturer of primary batteries, from Grafoid Inc. Terms were not disclosed, but according to sources close to the matter, the deal is expected to be valued at $2 million. |
Lenders Title Solutions LLC | Mortgage Contracting Services | | Mortgage Contracting Services, a unit of MCS AMS Sub-Holdings LLC, acquired Lenders Title Solutions LLC, an Oldsmar-based real estate appraiser. |
36 Labs LLC | Mundomedia Ltd | | Mundomedia Ltd of Canada acquired 36 Labs LLC, a San Francisco-based provider of marketing consulting services. |
Triumfant Inc | Nehemiah Security | | Nehemiah Security acquired Triumfant Inc, a Rockville-based software publisher. |
Open Networking Lab | Open Networking Foundation | | Open Networking Foundation plans to acquire the entire share capital of Open Networking Lab, a Menlo Park-based internet research foundation. |
George Industries LLC | Orangewood Partners LLC | | Orangewood Partners LLC acquired an undisclosed majority interest in George Industries LLC, an Endicott-based manufacturer of automobiles. Terms were not disclosed. |
AllPaws | PetSmart Inc | | PetSmart Inc acquired AllPaws, a New York- based provider of pet care services. |
Champions Village Shopping Center,Houston,TX | Preferred Apartment Communities Inc | | Preferred Apartment Communities Inc acquired Champions Village Shopping Center, a shopping mall in Houston, from Weingarten Realty Investors. |
Satic Inc | Premier Products Group Inc | | Premier Products Group Inc plans to acquire Satic Inc, a Missoula-based alternative energy sources establishment. |
ProAmpac | Pritzker Group | | Pritzker Group definitively agreed to acquire ProAmpac, a Cincinnati-based provider of packaging and labeling services, from Wellspring Capital Management LLC. |
FireLayers | Proofpoint Inc | | Proofpoint Inc plans to acquire FireLayers, a Foster City-based provider of computer systems design services. |
THX Ltd | Razer Inc | | Razer Inc acquired an undisclosed majority interest in THX Ltd, a San Rafael-based developer of entertainment technology software solutions. Terms were not disclosed. |
First Sterling Financial Inc-Low Income Housing Tax Credit Corporate Fund Syndication & Asset Management Business | Regions Bank,Birmingham,Alabama | | Regions Bank, a unit of Regions Financial Corp, acquired low income housing tax credit corporate fund syndication & asset management business of First Sterling Financial Inc, a Great Neck-based provider of syndication, asset and portfolio management services. |
Earth Brothers Ltd | Reinhart FoodService LLC | | Reinhart Foodservice LLC, a unit of Reyes Holdings LLC, agreed to acquire Earth Brothers Ltd, doing business as Black River Produce Co, a North Springfield-based fruit and vegetable retailer. |
Shop at Somerset Square | Rouse Properties Inc | | Rouse Properties Inc, a unit of Brookfield Asset Management Inc, acquired Shop at Somerset Square, a shopping mall in Glastonbury. |
Seven Bridges Ice Arena | Seven Bridges Acquisition Inc | | Seven Bridges Acquisition Inc acquired Seven Bridges Ice Arena, a fitness and recreational sports center in Woodridge. |
Sealed Air Corp- Diversey Care and Related Hygiene Business | Shareholders | | Sealed Air Corp, a Charlotte-based manufacturer of paper packing products, plans to spin off its Diversey Care and related hygiene business to its shareholders. |
Kamil Ship Supply Co | Ship Supply International LLC | | Ship Supply International LLC, a unit of HIG Capital LLC, acquired Kamil Ship Supply Co, a Mobile-based provider of freight logistics and storage services. |
Taptera Inc-Core Business Assets | Showpad Inc | | Showpad Inc acquired the core business assets of Taptera Inc, a San Francisco-based software publisher. Terms were not disclosed. |
GreenHaus Analytical Labs | Signal Bay Inc | | Signal Bay Inc acquired GreenHaus Analytical Labs, a Portland-based testing laboratory. |
GandTex LLC | SmooFi Inc | | SmooFi Inc definitively agreed to acquire GandTex LLC, a Dallas-based provider of social sciences research and development services. |
Horizon Scientific Inc | Standex International Corp | | Standex International Corp acquired Horizon Scientific Inc, a Summerville-based manufacturer of laboratory refrigerators and freezers. Terms were not disclosed. |
Pillar Financial LLC | SunTrust Banks Inc,Atlanta, Georgia | | SunTrust Banks Inc plans to acquire Pillar Financial LLC, an Oak Park-based provider of sales financing services, from Guggenheim Partners LLC. |
Capture Media Inc | Tagboard Inc | | Tagboard Inc plans to acquire Capture Media Inc, a New York-based software publisher. |
Mountainside Medical Inc | Tecomet Inc | | Tecomet Inc, a unit of Genstar Capital LLC, acquired the entire share capital of Mountainside Medical Inc, a medical equipment and supplies wholesaler. |
Health Data Intelligence Inc | TrendShift LLC | | TrendShift LLC acquired Health Data Intelligence Inc, a software publisher. |
Energy Capital Partners LLC-635MW Empire Generation Facility | TTK Power LLC | | TTK Power LLC, jointly owned by Tyr Energy Inc (50%), KPIC USA LLC (25%) and Tokyo Gas America Ltd (25%), agreed to acquire the 635MW empire generation facility from Energy Capital Partners LLC, a Short Hills-based private equity firm. |
Gym Source Inc | UM Holdings Ltd | | UM Holdings Ltd acquired an undisclosed majority interest in Gym Source Inc, a fitness and recreational sports center operator. |
Save On Seafood Co | US Foods Inc | | US Foods Inc plans to acquire Save On Seafood Co, a St. Petersburg-based fish and seafood retailer. |
Brooks Insurance Group | Venbrook Group | | Venbrook Group acquired Brooks Insurance Group, a Manalapan-based provider of management consulting services. |
Hoffmaster Co | Wellspring Capital Management LLC | | Wellspring Capital Management LLC agreed to acquire Hoffmaster Co, an Oshkosh-based manufacturer of sanitary paper products, via a tertiary buyout transaction. Terms were not disclosed. Previously, Metalmark Capital Holdings LLC, ultimately owned by Citigroup Inc, acquired Hoffmaster Co. Originally, Kohlberg & Co LP acquired Hoffmaster Co. |
West Capital Management | WSFS Financial Corp | | WSFS Financial Corp acquired West Capital Management, a Philadelphia-based provider of financial investment advisory services. |
Starpoint Solutions Inc | Yoh Services LLC | | Yoh Services LLC, a unit of Day & Zimmermann Group Inc, acquired Starpoint Solutions Inc, a New York-based consultancy firm. |
Enertrade Electric LLC | Zen Technologies Inc | | Zen Technologies Inc, a unit of The Chron Organization Inc, signed a letter of intent to acquire the entire share capital of Enertrade Electric LLC, a Houston-based electric power distributor. |
US M&A Deals Announced October 14 to October 20, 2016 | | | |
Source: Thomson Reuters | | | |