Target Acquirer Value ($millions) Synopsis
Air Products & Chemicals Inc-Performance-Materials Operations Evonik Industries AG 3,800.0 Evonik Industries AG of Germany, a unit of RAG-Stiftung, definitively agreed to acquire the Performance-Materials Operations of Air Products & Chemicals Inc, an Allentown-based manufacturer and wholesaler of gases and chemicals, for an estimated $3.8 billion The consideration would consist of $3.8 billion in cash and the assumption of liabilities. Originally, Evonik was rumored to be planning to acquire the operations.
Krispy Kreme Doughnuts Inc JAB Beech Inc 1,309.0 JAB Beech Inc, a unit of Johann A Benckiser SE, definitively agreed to acquire the entire share capital of Krispy Kreme Doughnuts Inc, a Winston-Salem-based retailer and wholesaler of doughnuts, for $21 per share or a total of $1.309 billion Upon completion, Krispy Kreme common shares would be delisted from the New York Stock Exchange.
The Medicines Co-Non-Core Cardiovascular Assets CHIESI USA Inc 792.0 CHIESI USA Inc, a unit of Chiesi Farmaceutici SpA, definitively agreed to acquire the non-core cardiovascular assets of The Medicines Co, a Parsippany-based manufacturer of pharmaceutical products, for an estimated $792 million. The consideration would consist of $260 million in cash, the assumption of $52 million in liabilities, and up to $480 million in profit-related payments.
Emerging Markets Communications LLC Global Eagle Entertainment Inc 550.0 Global Eagle Entertainment Inc (GEE) definitively agreed to acquire Emerging Markets Communications LLC, a Miramar-based provider of Internet services, from ABRY Partners LLC for $550 million. The consideration would consist of $497.266 mil, and the issuance of 6.6 million GEE common shares collectively valued at $52.734 million. The shares were valued based on GEE's closing stock price of $7.99 on 06 May 2016, the last full trading day prior to the announcement.
Palms Casino Resort Station Casinos LLC 312.5 Station Casinos LLC agreed to acquire Palms Casino Resort, a Las Vegas-based casino hotel operator, for $312.5 million in cash.
Friendly Ice Cream Corp-Retail Ice Cream & Manufacturing Business Dean Foods Co 155.0 Dean Foods Co plans to pay $155 million to acquire the retail ice cream & manufacturing business of Friendly Ice Cream Corp, a Wilbraham-based owner and operator of ice cream restaurants, ultimately owned by Freeze Operations Holding Corp.
Galil Medical Inc BTG PLC 110.0 BTG PLC of the UK agreed to acquire Galil Medical Inc, an Arden Hills-based manufacturer and wholesaler of cryotherapy solutions, for $110 million. The consideration would consist of $85.4 million in cash and up to $25.5 million in profit-related payments.
New Baby Tula LLC ERGObaby Carrier Inc 82.0 Compass Diversified Trust's unit ERGObaby Carrier Inc acquired New Baby Tula LLC, a San Diego-based retailer of baby carriers and baby products, for $82 million. The consideration would consist of $73.8 million and up to $8.2 million in profit-related payments.
Morgans Hotel Group Co SBEEG Holdings LLC 78.2 SBEEG Holdings LLC definitively agreed to acquire the entire share capital of Morgans Hotel Group Co, a New York-based hotel operator, for $2.25 per share or a total of $78.22 million. Originally, Morgan's announced that it was seeking a buyer for the company in June 2013.
Menara Networks Inc IPG Photonics Corp 46.8 IPG Photonics Corp plans to pay $46.8 million to acquire Menara Networks Inc, a Dallas-based manufacturer of enhanced optical transmission modules and systems.
FBC Bancorp Inc Sunshine Bancorp Inc 40.0 Sunshine Bancorp Inc plans to acquire the entire share capital of FBC Bancorp Inc, an Orlando-based bank holding company, for $40 mil.
Emulex Corp-Server remote management chip Pilot Production Line Aspeed Technology Inc 30.0 Aspeed Technology Inc of Taiwan plans to pay $30 million to acquire the remote server management chip pilot production line of Emulex Corp, a Costa Mesa-based manufacturer of computer storage devices owned by Emerald Merger Sub Inc. The consideration was comprised of $18.614 million new shs ord plus $11.386 million in cash.
VistaBank,Aiken,South Carolina Coastal Carolina Bancshares Inc 12.2 Coastal Carolina Bancshares Inc definitively agreed to merge with Aiken-based VistaBank in exchange for $9.15 million in common shares and $3.05 million in cash, subject to proration. CCB offered a choice of cash, common shares or a combination of both.
Danal Inc Bango PLC 3.5 Bango PLC of the UK acquired Danal Inc, a San Jose-based provider of cellular phone payment services, from Danal Co Ltd for a $3.5 million. The consideration consisted of $3 million in cash and $0.5 million in ordinary shares.
Rowe Industries Inc-ER Tape Business Seal It Services Ltd 3.3 Seal It Services Ltd of the UK, a unit of Astral Poly Technik Ltd, acquired the ER tape business of Rowe Industries Inc, a Milford-based designer and manufacturer of high voltage silicone wire and silicone tape products, for $3.25 mil.
D Vasive Inc MGT Capital Investments Inc 0.3 MGT Capital Investments Inc acquired D Vasive Inc, a Hope-based developer of a privacy mobile application, for $0.3 mil.
OpsRules Partners LLC Accenture PLC   Accenture PLC of Republic of Ireland plans to acquire OpsRules Partners LLC, a Waltham-based analytics and optimization firm.
Nature's Variety Inc Agrolimen SA   Agrolimen SA of Spain acquired the remaining 50% interest it previously did not own, in Nature's Variety Inc, a Saint Louis-based manufacturer of dog and cat foods, from L Catterton Latin America Fund, a unit of Catterton Partners Corp.
Prime Solutions LLC Altamira Technologies Corp   Altamira Technologies Corp acquired Prime Solutions LLC, a Columbia-based provider of computer network operation services.
Spikes Security AurionPro Solutions Ltd   AurionPro Solutions Ltd of India definitively agreed to acquire Spikes Security, a Los Gatos-based manufacturer of web malware security equipment.
Monsanto Co Bayer AG   Bayer AG of Germany is rumored to be planning to acquire the entire share capital of Monsanto Co, a St. Louis-based manufacturer and wholesaler of agricultural products. Terms were not disclosed, but according to sources close to matter, the deal is estimated to be valued at $40 bil.
Puget Sound Energy Inc Bondholders   US Puget Sound Energy Inc (PSE), a Bellevue City based provider of an electric and natural gas utility, agreed to a debt restructuring transaction with Bondholders (BHs). Upon completion of the deal, BHs would receive $850 per $1,000 principal amount for every 6.974% Series A Enhanced Junior Subordinated Notes due June 1, 2067.
Dojima LLC Broadridge Financial Solutions Inc   Broadridge Financial SolutionsInc plans to acquire Dojima LLC, a provider of sales financing services.
DevMountain LLC Capella Education Co   Capella Education Co acquired DevMountain LLC, a Provo-based owner and operator of a coding school.
Singer Lee & Associates Inc Carlin Group   Carlin O'Brien Inc plans to acquire the entire share capital of Singer Lee & Associates Inc, a Saint Louis-based supermarket operator, via a three-way merger. Concurrently, Carlin plans to merge with Grabbe-Leonard Co.
Jumio Inc Centana Growth Partners LP   Centana Growth Partners LP agreed to acquire Jumio Inc, a Palo Alto-based manufacturer of recording media, via a leveraged buyout transaction.
Vision Solutions Inc Clearlake Capital Group LP   Reservoir Capital Group LLC's unit Clearlake Capital Group LP plans to acquire Vision Solutions Inc, an Irvine-based provider of high availabilty, disaster recovery and data management solutions, from Thoma Cressey Bravo Inc via a secondary buyout transaction. Terms were not disclosed. Originally, Thoma acquired Vision through a leveraged buyout transaction.
Desert Deep Foundations Inc Clyde Companies Inc   Clyde Companies Inc plans to acquire Desert Deep Foundations Inc, a Salt Lake City-based manufacturer of nonmetallic mineral products.
DIB Funding Inc Daniel Joseph Duffy Descendants Trust   Daniel Joseph Duffy Descendants Trust acquired DIB Funding Inc, a provider of administrative management and general management consulting services.
Biomedical Enterprises Inc DePuy Orthopaedics Inc   DePuy Orthopaedics Inc, a unit of Johnson & Johnson, acquired Biomedical Enterprises Inc, a San Antonio-based manufacturer of memory metal implants for bone fixation.
Heavy Duty Ramps LLC, a unit of Rotunda Capital Partners LLC, acquired Heavy Duty Ramps LLC, a Kewaskum-based manufacturer of motor vehicle bodies. Terms were not disclosed.
Sable Polymer Solutions LLC Ecoark Holdings Inc   Ecoark Holdings Inc acquired Sable Polymer Solutions LLC, a Bentonville-based provider of resin material recycling and reclamation services.
Green Charge Networks LLC Engie SA   Engie SA of France acquired an 80% interest in Green Charge Networks LLC, a Santa Clara-based manufacturer of energy storage systems. Terms were not disclosed.
Direct ChassisLink Inc EQT Infrastructure II Fund   EQT Infrastructure II Fund of Netherlands plans to acquire Direct ChassisLink Inc, a Charlotte-based provider of truck rental and leasing services, from Littlejohn & Co LLC via a leveraged buyout transaction.
Telecommunication Properties Inc ExteNet Systems Inc   ExteNet Systems Inc acquired Telecommunication Properties Inc, a Dallas-based operator of Small Cell and DAS infrastructure.
Bowers Insurance Agency Inc Farmers National Bank of Canfield   Farmers National Bank of Canfield, a unit of Farmers National Banc Corp, plans to merge with Bowers Insurance Agency Inc, a Hagerstown-based provider of insurance services. Terms were not disclosed.
Barkley Kalpak Agency First Protocol   First Protocol of the UK acquired Barkley Kalpak Agency, a provider of business support services.
Glassful Good Company Wines Inc   Good Company Wines Inc acquired Glassful, a packaged alcoholic beverages retailer.
Evolve IP LLC Great Hill Partners LLC   Great Hill Partners LLC plans to acquire an undisclosed majority interest in Evolve IP LLC, a Wayne-based provider of computer systems design services, via a leveraged buyout transaction.
PPL Solutions LLC Hansen Technologies Ltd   Hansen Technologies Ltd of Australia signed a Letter of Intent to acquire PPL Solutions LLC, an Allentown-based provider of billing services, business processing outsourcing and information technology services, from PPL Corp.
1410 Partners LLC Hunt Mortgage Group Inc   Hunt Mortgage Group Inc, a unit of Hunt Companies Inc, acquired 1410 Partners LLC, an Arcadia-based provider of sales financing services.
Aistheta Reno Medical Skin Care Integrated Dermatology Group   Integrated Dermatology Group acquired Aistheta Reno Medical Skin Care, a Reno-based provider of ambulatory health care services.
CivicSolar Inc JinkoSolar (U.S) Inc   JinkoSolar (U.S.) Inc plans to acquire CivicSolar Inc, a San Francisco-based distributor of solar equipments.
Implementing Technologies LLC- Online Reputation Management Assets Lumin Medical LLC   Lumin Medical LLC acquired Online Reputation Management Assets of Implementing Technologies LLC, a Charleston-based provider of healthcare IT consulting services. Terms were not disclosed.
Signature Smile Marquee Dental Partners   Marquee Dental Partners acquired Signature Smile, a Huntsville-based dentist's office operator.
Metal Powder Products Inc Millstein & Co LP   Millstein & Co LP acquired Metal Powder Products Inc, a manufacturer of powder metallurgy parts.
SEI Group Inc Narrow Gauge Capital   Narrow Gauge Capital acquired an undisclosed majority interest in SEI Group Inc, a Doraville-based provider of insulation installation services, via a leveraged buyout transaction. Terms were not disclosed.
World Wide Exchangers Inc NDA Group Ltd   NDA Group Ltd of New Zealand acquired World Wide Exchangers Inc, a Skiatook-based manufacturer of power boilers and heat exchangers.
Heart of Texas Railroad LP Omnitrax Inc   Omnitrax Inc, a unit of Broe Cos Inc, plans to acquire Heart of Texas Railroad LP, a Brady-based owner and operator of railroad tracks. Terms were not disclosed.
Evantix GRC LLC Optiv Security Inc   Optiv Security Inc, a unit of Blackstone Group LP, acquired Evantix GRC LLC, a Newport Beach-based provider of financial investment services.
Brady Mountain Resort & Marina LLC Safe Harbor Marinas LLC   Safe Harbor Marinas LLC acquired Brady Mountain Resort & Marina LLC, a Royal-based owner and operator of marinas.
HCP Inc-HCR ManorCare Skilled Nursing & Assisted Living Portfolio Shareholders   HCP Inc plans to spin off its HCR ManorCare skilled nursing & assisted living portfolio to its shareholders.
Honeywell International Inc-Resins & Chemicals Business Shareholders   Honeywell International Inc plans to spin off its resins & chemicals business to its shareholders. Upon completion of the deal, the entity would be named as AdvanSix Inc.
Morrow & Co Inc Sodali Inc   Sodali Inc acquired Morrow & Co Inc, an investment bank.
New Haven Self Storage StorQuest Self Storage   StorQuest Self Storage acquired New Haven Self Storage, a New Haven-based provider of warehousing and storage services.
Center for Student Opportunity Strive For College   Strive For College plans to acquire the entire share capital of Center for Student Opportunity, a Bethesda-based college operator.
Systems Inc Systems Inc SPV   Systems Inc SPV, a special purpose acquisition vehicle formed by Huron Capital Partners LLC, The Duchossois Group Inc's unit Duchossois Industries Inc, and the management of Systems, acquired an undisclosed majority interest in Systems Inc (Systems), a Germantown-based manufacturer of hydraulic, pneumatic, and mechanical loading dock leveling equipment, truck restraints, specialty dock equipment and related accessories. This was done via a leveraged buyout transaction.
W E Monks & Co Tec Inc Engineering & Design   Tec Inc Engineering & Design merged with W.E. Monks & Co, a Columbus-based provider of engineering services.
CCNG Energy Partners LP Trinity Acquisitions LLC   Guggenheim Partners LLC's unit Trinity Acquisitions LLC acquired CCNG Energy Partners LP, an Austin-based provider of nonhazardous waste treatment and disposal services, from CCNG Inc.
Pospitality LLC Upserve Inc   Upserve Inc acquired Pospitality LLC, a New York-based developer of restaurant management software, from Groupon Inc.
Moss Inc Wasserstein & Co LP   Wasserstein & Co LP acquired Moss Inc, a Chicago-based manufacturer of signs, from Century Park Capital PartnersInc via a leveraged buyout transaction.
Unitrac Railroad Materials Inc Westinghouse Air Brake Technologies Corp   Westinghouse Air Brake Technologies Corp (Wabtec) acquired Unitrac Railroad Materials Inc, a Knoxville-based manufacturer and supplier of railroads and track products, from Healey Railroad Corporation. Concurrently, Wabtec acquired Pride Bodies Ltd.
Sloan Mason Insurance Services Inc Worldwide Facilities LLC   Worldwide Facilities LLC agreed to acquire Sloan Mason Insurance Services Inc, a San Diego-based insurance brokerage firm.
Pandora Venture Capital Corp-Digital Currency Technologies WRIT Media Group Inc   WRIT Media Group Inc plans to acquire digital currency technologies of Pandora Venture Capital Corp, a private equity firm.
Grand Rapids Auto Auction XLerate Group   XLerate Group, a unit of Huron Capital Partners LLC, acquired Grand Rapids Auto Auction, a Jenison-based new car dealer.
US M&A Deals Announced May 6 to May 12, 2016      
Source: Thomson Reuters      

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