Target Acquirer Value ($millions) Synopsis
DirecTV Inc AT&T Inc 48,082.3 AT&T Inc (AT&T) definitively agreed to acquire the entire share capital of DirecTV Inc (DirecTV), an El Segundo-based provider of cable television services, in a stock swap transaction valued at $48.082 billion. AT&T offered $28.5 cash and $66.5 in AT&T common shares for every DirecTV common share. Each DirecTV share is valued at $95. Originally, AT&T was rumored to be planning to acquire the entire share capital of DirecTV.
Hess Retail Corp Speedway LLC 2,874.0 Speedway LLC, a unit of Marathon Petroleum Corp, definitively agreed to acquire Hess Retail Corp (Hess Retail), a New York-based owner and operator of gas stations and convenience stores, from Hess Corp (Hess), for $2.874 billion. The consideration was to consist of $2.6 billion in cash and the assumption of $274 million in liabilities. Previously, Hess planned to spin off its Hess retail unit. Originally, in December 2013, Hess was rumored to be seeking a buyer for its 1,300 gas stations. CVC Capital Partners Ltd and Leonard Green & Partners LP were named potential bidders.
Conopco Inc-N America Pasta Mizkan Group Corp 2,150.0 Mizkan Group Corp (Mizkan) of Japan, definitively agreed to acquire the North America pasta sauces business of Conopco, a New York-based based manufacturer and wholesaler of personal and home care products, and a majority-owned unit of Unilever NV (Unilever), for an estimated $2.15 billion in cash. The transaction was to include the Ragu and Bertolli brands, sauce processing and packaging facility in Owensboro, Kentucky and a tomato processing facility in Stockton, California. Originally, in March 2014, Unilever was rumored to be seeking a buyer for its Ragu pasta sauce brand. HJ Heinz Co, Kraft Foods Group Inc, JM Smucker Co, Hormel Foods Corp, Pinnacle Foods Inc, Hillshire Brands Co, Post Holdings Inc and Mizkan were named potential bidders.
American Realty-Portfolio Blackstone Real Estate 1,975.0 Blackstone Real Estate Partners VII LP, a wholly- owned Blackstone Group LP signed a Letter of Intent {LoI} to acquire the multi- tenant shopping center portfolio of American Realty Capital Properties Inc, a New York-based real estate investment trust, for $1. 975 billion in cash, in a leveraged buyout transaction.
The Hillman Cos Inc Investor Group 1,475.0 An investor group, comprised of CCMP Capital Advisors LLC and the management of The Hillman Cos Inc (Hillman), definitively agreed to acquire an undisclosed majority interest in Hillman, a Cincinnati-based wholesaler of hardware products, from Oak Hill Capital Partners LP (Oak Hill) , for $1.475 billion in cash, in a secondary buyout transaction. Previously, Oak Hill acquired Hillman in a leverage buyout transaction.
Aeroflex Holding Corp Cobham PLC 1,434.8 Cobham PLC (Cobham) of the UK, agreed to acquire the entire share capital of Aeroflex Holding Corp (Aeroflex), a Plainview-based manufacturer of radio frequency and microwave integrated circuits, components and systems, for $10.5 in cash per share, or a total value of $1.435 bil, including the assumption of $540 million in liabilities.
Healogics Inc Clayton Dubilier & Rice LLC 910.0 Clayton Dubilier & Rice LLC (Clayton) agreed to acquire Healogics Inc (Healogics), a Boca Raton-based provider of medical and health services, from Citigroup Inc's (Citigroup) Metalmark Capital Holdings LLC (Metalmark) subsidiary, for $910 million in cash, in a leveraged buyout transaction. Originally, in January 2014, Metalmark, a unit of Citigroup, was rumored to be seeking a buyer for its Healogic Inc unit.
KBS Realty-Chicago Office Bldg The Irvine Co LLC 850.0 The Irvine Co LLC agreed to acquire the Chicago office building of KBS Realty Advisors LLC, Newport Beach-based real estate investment firm, for $850 million.
Royal Dutch Shell-Oil & Gas Sanchez Energy Corp 639.0 Sanchez Energy Corp definitively agreed to acquire the oil and gas properties, located in Dimmit, LaSalle, and Webb Counties Texas of Royal Dutch Shell PLC (Royal Dutch), a Den Haag-based oil and gas exploration and production company, for an estimated $639 million in cash. Originally, In September 2013, Royal Dutch announced that it was seeking a buyer for its undisclosed minority stake in Eagle Ford Shale, located in South Texas.
AMX LLC Harman International 365.0 Harman International Industries Inc agreed to acquire AMX LLX, a Richardson-based manufacturer, developer and wholesaler of advanced electronic equipment and software, from The Duchossois Group Inc, for $365 million.
Tony's Fine Foods Inc United Natural Foods Inc 195.3 United Natural Foods Inc (United) definitively agreed to acquire the entire share capital of Tony's Fine Foods Inc, a West Sacramento-based wholesaler of cheese and grocery products, for an estimated $195.273 million. The consideration was to consist of $187.8 million in cash and the issuance of 0. 112 million United common shares valued at $7.473 million. The shares were valued based on United's closing stock price of 66.72 on 21 May 2014, the last full trading day prior to the announcement.
Bel Air Mall Rouse Properties Inc 135.2 Rouse Properties Inc acquired Bel Air Mall, a Mobile-based owner and operator of shopping malls, for an estimated $135.2 million.
Dynamic Fuels LLC Renewable Energy Group Inc 53.0 Renewable Energy Group Inc agreed to acquire the remaining 50% interest, which it did not already own, in Dynamic Fuels LLC, a Los Angeles-based manufacturer of synthetic fuels, from joint venture partners Tyson Foods Inc and Syntroleum Corp (SC), for an estimated $53 million. The consideration was to consist of $18 million in cash and up to a further $35 million in profit-related payments. The transaction was contingent upon the completion of acquisition of SC.
The Prescott Hotel Pebblebrook Hotel Trust 49.0 Pebblebrook Hotel Trust acquired The Prescott Hotel, a San Francisco-based owner and operator of hotel, for $49 million.
GaiaTech Inc RPS Group PLC 37.8 RPS Group Plc of the UK acquired the entire share capital of GaiaTech Inc, a Chicago-based provider of environmental consulting services, for $37.8 mil, from MSouth Equity Partners LLC. The consideration consisted of $31.1 million in cash and $6.7 million in liabilities assumed.
Gerard Roofing Technologies Headwaters Inc 28.0 Headwaters Inc acquired Gerard Roofing Technologies Inc, a Brea-based manufacturer of roofing products, from Metals USA Holdings Corp, a unit of Reliance Steel & Aluminum Co, for $28 million in cash.
Plaza 25 City Office REIT Inc 25.1 City Office REIT Inc of Canada agreed to acquire Plaza 25, a Denver-based office park, from Jones Lang LaSalle Inc's Means Knaus Partners LP subsidiary, for $25.1 million.
Assembly Pharmaceuticals Inc Ventrus Biosciences Inc 24.5 Ventrus Biosciences Inc (Ventrus), through its wholly- owned Assembly Acquisition Inc subsidiary, agreed to merge with Assembly Pharmaceuticals Inc, a San Francisco-based biopharmaceutical company, in exchange for 23.153 million new Ventrus common shares valued at $24.542 mil, in a stock swap transaction. The shares were valued based on Ventrus' closing stock price of $1. 06 on 16 May 2014, the last full trading day prior to the announcement. Upon completion, the merged entity was to be named Assembly Biosciences Inc.
NetCitadel Inc Proofpoint Inc 24.0 Proofpoint Inc acquired NetCitadel Inc, a Mountain View-based developer of automated security software, for an estimated $24 million in cash.
B Riley & Co LLC Great American Group Inc 1.0 Great American Group Inc (Great American) definitively agreed to acquire the entire share capital of B Riley & Co LLC, a Los Angeles-based investment bank, in exchange for an estimated 4.2 million Great American common shares valued at $0.97 million. The shares were valued based on Great American's closing stock price of $0.231 on 16 May 2014, the last full trading day prior to the announcement.
Aviation Academy of America Vision Tech Aerospace Inc 0.8 Vision Technologies Aerospace Inc (Vision), a unit of Singapore Technologies Engineering Ltd, acquired the entire share capital of Aviation Academy of America Inc (AAA), a New Braunfels-based provider of pilot training education services, for $0.811 million. On completion, AAA became a wholly-owned subsidiary of Vision.
Convergent Resources Inc Account Control Tech Hldg Inc   Account Control Technology Holdings Inc acquired Convergent Resources Inc, an Atlanta-based provider of business process outsourcing, revenue cycle and receivables management services, from Silver Oak Services Partners LLC.
City of Millersburg-Water American Water Works Co Inc   American Water Works Co Inc, through its Kentucky American Water subsidiary, signed a Letter of Intent {LoI} to acquire the water and waste water assets of the American government-owned City of Millersburg.
Kinematics Manufacturing Inc Angeleno Group LLC   Angeleno Group LLC acquired Kinematics Manufacturing Inc, a Phoenix-based manufacturer of slewing drives, rings, and gear sets, in a leveraged buyout transaction.
LongShot Technology LLC Aventis Systems Inc   Aventis Systems Inc acquired LongShot Technology LLC, a Marietta-based provider of Dell equipments. Terms were not disclosed.
Carson & Gebel Ribbon Co LLC Berwick Offray LLC   Berwick Offray LLC, a wholly-owned unit of CSS Industries Inc, acquired Carson & Gebel Ribbon Co LLC, a Rockaway-based manufacturer and wholesaler of decorative ribbons.
Milk Producers Inc Bluegrass Products Inc   Bluegrass Products Inc acquired Milk Producers Inc, a Delaware-based owner and operator of a dairy farm.
DFT Communications Corp Brick Skirt Holdings Inc   Brick Skirt Holdings Inc, a special acquisition vehicle created by Robert Maytum, Mark Maytum, Kurt Maytum and Sheri Stoltenberg, definitively agreed to acquire the entire share capital of DFT Communications Corp, a Fredonia-based provider of telecommunications services. Terms were not disclosed.
ValleyCrest Cos Inc Brickman Group Ltd   Brickman Group Ltd (Brickman), a unit of KKR & Co LP, definitively agreed to acquire ValleyCrest Cos Inc (ValleyCrest), a Calabasas-based provider of landscape services, from MSD Capital LP. Terms were not disclosed, but according to sources familiar with the transaction, the deal was valued at an estimated $1 billion. Originally, in April 2014, Brickman was rumored to be planning to acquire ValleyCrest.
Thayer Lodging Group Brookfield Asset Management   Brookfield Asset Management Inc of Canada acquired Thayer Lodging Group, an Annapolis-based real estate investment firm. Terms of the transaction were not disclosed.
We Three LLC Cardiff International Inc   Cardiff International Inc acquired We Three LLC, a Maryville-based owner and operator of mobile homes and mobile home parks.
ThreatGRID Inc Cisco Systems Inc   Cisco Systems Inc planned to acquire ThreatGRID Inc, a New York-based developer of malware analysis and threat intelligence software.
Allen Systems Group Inc Creditors   Allen Systems Group Inc, a Naples-based developer of computer software, rumored to be planning a debt restructuring transaction with Creditors.
ImageChef Inc CyberLink Corp   CyberLink Corp of Taiwan acquired ImageChef Inc, a San Francisco-based provider of rich collage and text web tools services.
Wintercreek LLC DS Services of America Inc   DS Services of America Inc, a unit of Kelso & Co, acquired Wintercreek LLC, a Vancouver-based producer of bottled water.
Renesys Dyn Inc   Dyn Inc acquired Renesys, a Manchester-based provider of Internet intelligence.
Management Resources Group Inc Emerson Electric Co   Emerson Electric Co acquired Management Resources Group Inc, a Sandy Hook-based provider of management consulting services. Terms were not disclosed.
LINN Energy LLC-Assets Exxon Mobil Corp   Exxon Mobil Corp acquired the assets located in Texas of LINN Energy LLC, a Houston-based oil and gas exploration and production company.
Defense.Net Inc F5 Networks Inc   F5 Networks Inc acquired Defense.Net Inc, a Belmont-based provider of provides information technology and services. Terms were not disclosed.
Galaviz & Co LLC Global Market Advisors LLC   Global Market Advisors LLC acquired Galaviz & Co LLC, a Las Vegas-based provider of management consulting services. Terms were not disclosed.
Desert Valley Mechanical LLC Goettl Air Conditioning Inc   Goettl Air Conditioning Inc, a unit of Charlesbank Capital Partners LLC's Pan American Residential Services LLC subsidiary, acquired Desert Valley Mechanical LLC, a Phoenix-based provider of HVAC installation services. Terms were not disclosed.
Enterproid Inc Google Inc   Google Inc acquired Enterproid Inc, doing business as Divide, a New York-based software development company. Terms were not disclosed.
South Point Kia Group 1 Automotive Inc   Group 1 Automotive Inc acquired South Point Kia, an Austin-based owner and operator of new and used car dealership.
Worcester Telegram & Gazette Halifax Media Group   Halifax Media Group agreed to acquire Worcester Telegram & Gazette Inc, a Worcester-based publisher of newspapers.
SmartPak Equine LLC Henry Schein Animal Health   Henry Schein Animal Health LLC, a unit of Henry Schein Inc, agreed to acquire an approximately 60% interest in SmartPak Equine LLC, a Plymouth-based provider of horse care solutions. Terms were not disclosed.
Get Maid Inc Homejoy Inc   Homejoy Inc acquired Get Maid Inc, a New York-based provider of home cleaning services. Terms were not disclosed.
Curiosityville LLC Houghton Mifflin Harcourt Co   Houghton Mifflin Harcourt Co acquired Curiosityville LLC, a Cockeysville-based provider of online learning games.
Cognea IBM Corp   International Business Machines Corp acquired Cognea, a Redwood-based articial intelligence company.
Goodman Factors Inc Independent Bank,Memphis   Independent Bank, a unit of Independent Holdings Inc, acquired Goodman Factors Inc, a Dallas-based provider of invoice factoring services.
Speedpro Imaging Investor Group   An investor group, comprised of Mountain Ridge Capital LLC, Fairfield- Maxwell Ltd and Boris Katsnelson, acquired Speedpro Imaging, a Scottsdale-based provider of digital printing services. Terms were not disclosed.
TGI Friday's Inc Investor Group   An investor group, comprised of Sentinel Capital Partners LLC and TriArtisan Capital Partners LLC, definitively agreed to acquire TGI Fridays Inc, a Carrollton-based owner and operator of restaurant, from Carlson Cos Inc, in a leverage buyout transaction. Terms of the transaction were not disclosed. Originally, Carlson Cos Inc was rumored to be seeking a buyer for TGI Friday's Inc.
St Regis Monarch Beach Resort KSL Capital Partners LLC   KSL Capital Partners LLC acquired St Regis Monarch Beach Resort, a Dana Point-based owner and operator of resort hotel and spa, from Washington Real Estate Holdings LLC, in a leveraged buyout transaction. Terms were not disclosed.
VISICOR Marsh & McLennan Agency LLC   Marsh & Mclennan Agency LLC, a unit of Marsh Inc, acquired VISICOR, a Friendswood-based employee benefits brokerage and consulting firm. Terms of the transaction were not disclosed.
Nimbic Inc Mentor Graphics Corp   Mentor Graphics Corp acquired Nimbic Inc, a Mountain View-based developer of electromagnetic simulation software.
Corning Inc-SunSensors Op Mitsui Chemicals Inc   Mitsui Chemicals Inc of Japan, acquired the SunSensors operations of Corning Inc, a New York-based manufacturer and wholesaler of optical fiber, cable, optical hardware and equipment and photonics components.
Vegetable Juices Inc Naturex SA   Naturex SA of France agreed to acquire the entire share capital of Vegetable Juices Inc, a Bedford Park-based producer and wholesaler of natural vegetable flavors.
Enterprise Technology Grp Inc Nexstar Broadcasting Group Inc   Nexstar Broadcasting Group Inc acquired the entire share capital of Enterprise Technology Group Inc, a Los Angeles-based provider of Content Management, Engagement and Monetization solutions.
Whoosh Traffic Inc OwnLocal Inc   OwnLocal Inc acquired Whoosh Traffic Inc, an Austin-based provider of search engine optimization services. Terms were not disclosed.
Employee Benefit Solutions Inc Pharos Capital Group LLC   Pharos Capital Group LLC acquired Employee Benefit Solutions Inc, a White Plains-based provider of employee benefit services, in a leveraged buyout transaction. Terms were not disclosed.
Summit Products LLC Propel Equity Partners LLC   Propel Equity Partners LLC (Propel Equity) acquired bankrupt Summit Products LLC (Summit), Birmingham-based manufacturer and wholesaler of toys, in a leveraged buyout transaction. Originally in April 2014, Summit announced that it was seeking a buyer for the company. Concurrently, Propel Equity acquired Citiblocs LLC.
Citiblocs LLC Propel Equity Partners LLC   Propel Equity Partners LLC (Propel Equity) acquired Citiblocs LLC, a Tampa-based manufacturer and wholesaler of precision cut wood construction blocks. Concurrently, Propel Equity acquired Summit Products LLC.
Mocean Mobile PubMatic Inc   Pubmatic Inc acquired Mocean Mobile, a New York-based provider of mobile advertisement serving solutions. Terms of the transaction were not disclosed. On completion, the new combined entity will operate under the PubMatic name.
Validus Strategic Capital RCS Capital Corp   RCS Capital Corp, a unit of RCS Capital LLC, agreed to acquire Validus Strategic Capital Partners, a Newport Beach-based investment company.
MultiCam Inc Rosewood Private Investments   Rosewood Private Investments acquired MultiCam Inc (MultiCam), a Dallas-based manufacturer of automated positioning systems, from Blue Sage Capital (Blue Sage) and other shareholders, in a secondary buyout transaction. Previously, an investor group, comprised of Blue Sagel and MultiCams founder and senior management acquired MultiCam, in a leveraged buyout transaction.
SeeWhy Inc SAP AG   Systeme Anwendungen Produkte AG of Germany planned to acquire SeeWhy Inc, a Boston-based provider of cloud-based behavioral target marketing solutions.
ION Geophysical Corp-Marine Seamap LLC   Seamap LLC, a wholly owned unit Mitcham Industries Inc acquired the marine energy source product lines of ION Geophysical Corp, a Houston-based manufacturer of seismic data acquisition products.
Higher Good Media LLC SoundBite Communications Inc   Soundbite Communications Inc acquired Higher Good Media LLC, provider of telecommunications services.
PeopleSERVE PRS Inc Staffing 360 Solutions Inc   Staffing 360 Solutions Inc acquired PeopleSERVE PRS Inc, a Chestnut Hill-based provider of information technology-based staffing services. Terms were not disclosed.
Crimson Technical College Sterling Capital Ltd   Sterling Capital Ltd acquired Crimson Technical College, an Inglewood-based aviation school, in a leverage buyout transaction. Terms of the transaction were not disclosed.
Talent Partners Inc The Carlyle Group LP   The Carlyle Group LP agreed to acquire an undisclosed majority interest in Talent Partners Inc, a Chicago-based provider of payroll processing services, in a leveraged buyout transaction.
EDF Renewable Energy-Catalina TIAA-CREF I&I Services LLC   TIAA-CREF Individual & Institutional Services LLC planned to acquire 50% interest in the Catalina Solar Project, from EDF Renewable Energy Inc.
Kanchi Technologies UST Global Inc   UST Global Inc acquired Kanchi Technologies, a Franklin-based provider of information technology services. Terms were not disclosed.
Prodigy Engineering LLC Via Motors Inc   Via Motors Inc acquired Prodigy Engineering LLC, a Bowie-based provider of engineering services.
Oregon Iron Works Inc Vigor Industrial LLC   Vigor Industrial LLC agreed to merge with Oregon Iron Works Inc, a Clackamas-based provider of steel and metals fabrication and manufacturer of mechanical equipment.
Wencor Group LLC Warburg Pincus LLC   Warburg Pincus LLC definitively agreed to acquire Wencor Group LLC (Wencor), a Springville-based manufacturer and wholesaler of commercial aircraft parts, from Odyssey Investment Partners LLC (Odyssey), in a secondary buyout transaction. Terms were not disclosed but, according to sources close to the situation, the deal was valued at an estimated $900 million. Previously, Odyssey acquired Wencor in a leveraged buyout transaction. Originally, in December 2013, Odyssey was rumored to be seeking a buyer for Wencor. Warburg Pincus LLC was rumored to be a potential bidder.
Hi-Line Utility Supply Co WESCO Distribution Inc   WESCO Distribution Inc, a unit of WESCO International Inc, definitively agreed to acquire Hi-Line Utility Supply Co, an Elgin-based wholesaler of utility MRO and safety products.
RayV Inc Yahoo! Inc   Yahoo! Inc was rumored to be planning to acquire RayV Inc, a Los Angeles-based provider of video streaming services.
Johnson Controls-Automotive Yanfeng Automotive Trim Sys Co   Yanfeng Automotive Trim Systems Co Ltd of China (Yanfeng), a 50:50 joint venture between Visteon Corp of the US, and Huayu Automotive Systems Co Ltd, a unit of Shanghai Automotive Industry Corp (Group) {SAIC}, definitively agreed to merge with the automotive interior business of Johnson Controls Inc (Johnson), a Milwaukee-based manufacturer of industrial interior systems, in the formation of a joint venture (JV). Upon completion, Yanfeng was to own 70% and Johnson the remaining 30% of JV.
Twitch Interactive Inc YouTube Inc   Youtube Inc, a unit of Google Inc, was rumored to be planning to acquire Twitch Interactive LLC, a San Francisco-based provider of live video-streaming services. Terms were not disclosed, but according to sources familiar with the transaction, the deal was valued at $1 billion.
Intelligent Healthcare ZirMed.com Inc   Zirmed Inc acquired Intelligent Healthcare, a Santa Monica-based provider of health analytics.
US M&A Deals Announced May 18 - May 23, 2014      
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.