TargetAcquirerValue ($millions)Synopsis
Air Products & Chemicals Inc-Performance-Materials OperationsEvonik Industries AG3,800.0Evonik 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 IncJAB Beech Inc1,309.0JAB 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 AssetsCHIESI USA Inc792.0CHIESI 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 LLCGlobal Eagle Entertainment Inc550.0Global 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 ResortStation Casinos LLC312.5Station 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 BusinessDean Foods Co155.0Dean 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 IncBTG PLC110.0BTG 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 LLCERGObaby Carrier Inc82.0Compass 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 CoSBEEG Holdings LLC78.2SBEEG 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 IncIPG Photonics Corp46.8IPG 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 IncSunshine Bancorp Inc40.0Sunshine 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 LineAspeed Technology Inc30.0Aspeed 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 CarolinaCoastal Carolina Bancshares Inc12.2Coastal 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 IncBango PLC3.5Bango 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 BusinessSeal It Services Ltd3.3Seal 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 IncMGT Capital Investments Inc0.3MGT Capital Investments Inc acquired D Vasive Inc, a Hope-based developer of a privacy mobile application, for $0.3 mil.
OpsRules Partners LLCAccenture PLC Accenture PLC of Republic of Ireland plans to acquire OpsRules Partners LLC, a Waltham-based analytics and optimization firm.
Nature's Variety IncAgrolimen 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 LLCAltamira Technologies Corp Altamira Technologies Corp acquired Prime Solutions LLC, a Columbia-based provider of computer network operation services.
Spikes SecurityAurionPro Solutions Ltd AurionPro Solutions Ltd of India definitively agreed to acquire Spikes Security, a Los Gatos-based manufacturer of web malware security equipment.
Monsanto CoBayer 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 IncBondholders 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 LLCBroadridge Financial Solutions Inc Broadridge Financial SolutionsInc plans to acquire Dojima LLC, a provider of sales financing services.
DevMountain LLCCapella Education Co Capella Education Co acquired DevMountain LLC, a Provo-based owner and operator of a coding school.
Singer Lee & Associates IncCarlin 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 IncCentana 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 IncClearlake 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 IncClyde Companies Inc Clyde Companies Inc plans to acquire Desert Deep Foundations Inc, a Salt Lake City-based manufacturer of nonmetallic mineral products.
DIB Funding IncDaniel 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 IncDePuy 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 LLCDiscountRamps.com DiscountRamps.com, 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 LLCEcoark Holdings Inc Ecoark Holdings Inc acquired Sable Polymer Solutions LLC, a Bentonville-based provider of resin material recycling and reclamation services.
Green Charge Networks LLCEngie 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 IncEQT 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 IncExteNet Systems Inc ExteNet Systems Inc acquired Telecommunication Properties Inc, a Dallas-based operator of Small Cell and DAS infrastructure.
Bowers Insurance Agency IncFarmers 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 AgencyFirst Protocol First Protocol of the UK acquired Barkley Kalpak Agency, a provider of business support services.
GlassfulGood Company Wines Inc Good Company Wines Inc acquired Glassful, a packaged alcoholic beverages retailer.
Evolve IP LLCGreat 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 LLCHansen 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 LLCHunt 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 CareIntegrated Dermatology Group Integrated Dermatology Group acquired Aistheta Reno Medical Skin Care, a Reno-based provider of ambulatory health care services.
CivicSolar IncJinkoSolar (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 AssetsLumin 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 SmileMarquee Dental Partners Marquee Dental Partners acquired Signature Smile, a Huntsville-based dentist's office operator.
Metal Powder Products IncMillstein & Co LP Millstein & Co LP acquired Metal Powder Products Inc, a manufacturer of powder metallurgy parts.
SEI Group IncNarrow 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 IncNDA 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 LPOmnitrax 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 LLCOptiv 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 LLCSafe 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 PortfolioShareholders HCP Inc plans to spin off its HCR ManorCare skilled nursing & assisted living portfolio to its shareholders.
Honeywell International Inc-Resins & Chemicals BusinessShareholders 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 IncSodali Inc Sodali Inc acquired Morrow & Co Inc, an investment bank.
New Haven Self StorageStorQuest Self Storage StorQuest Self Storage acquired New Haven Self Storage, a New Haven-based provider of warehousing and storage services.
Center for Student OpportunityStrive For College Strive For College plans to acquire the entire share capital of Center for Student Opportunity, a Bethesda-based college operator.
Systems IncSystems 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 & CoTec Inc Engineering & Design Tec Inc Engineering & Design merged with W.E. Monks & Co, a Columbus-based provider of engineering services.
CCNG Energy Partners LPTrinity 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 LLCUpserve Inc Upserve Inc acquired Pospitality LLC, a New York-based developer of restaurant management software, from Groupon Inc.
Moss IncWasserstein & 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 IncWestinghouse 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 IncWorldwide 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 TechnologiesWRIT 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 AuctionXLerate 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   

Financial services industry