Dippin' Chips
Target Acquirer Value ($millions) Synopsis
Valspar Corp Sherwin-Williams Co 9,308.7 Sherwin-Williams Co definitively agreed to acquire the entire share capital of Valspar Corp, a Minneapolis-based manufacturer of paint coatings, for $113 per share or a total of $9.309 billion.
Carefree Communities LLC Sun Communities Operating LP 1,680.0 Sun Communities Operating LP, a unit of Sun Communities Inc (SC) agreed to acquire the entire share capital of Carefree Communities LLC, a Scottsdale-based owner and operator of manufactured housing and recreational vehicle communities. It would be purchased for around $1.68 bi from Centerbridge Capital Partners LP, a unit of Centerbridge Partners. The consideration would consist of $455 million in cash, the issuance of $225 million in SC common shares, and the assumption of $1 billion in liabilities.
Nexeo Solutions LLC WL Ross Holding Corp 1,645.7 WL Ross Holding Corp definitively agreed to acquire Nexeo Solutions LLC, a Dublin-based wholesaler of chemicals, plastics, ingredients and composite materials, from TPG Capital LP for $1. 646 billion. The consideration would consist of $1.296 billion in cash, the assumption of an undisclosed amount in liabilities and 35 million WL common shares collectively valued at $349.65 million. The shares were valued based on WL's closing stock price of $9.99 on 18 March 2016, the last full trading day prior to the announcement. Originally, in October 2015, TPG was rumored to be seeking a buyer for Nexeo, while WL was a rumored bidder. Upon completion of the deal, WL would be renamed as Nexeo Solutions Inc and will be listed in the NASDAQ Capital Market under the ticker sympbols NXEO, NXEOU, and NXEO.
Affymetrix Inc Origin Technologies Corp LLC 1,405.3 Origin Technologies Corp, a special purpose acquisition vehicle created by Wei Zhou, Glenn McGall, Janet Warrington and Vern Norviel, plans to launch an unsolicited challenging offer to acquire the entire share capital of Affymetrix Inc (AI), a Santa Clara-based manufacturer and wholesaler of electromedical and electrotherapeutic equipment, for a sweetened $17 in cash per share or a total of $1.405 billion. Originally, Origin offered $16.1 per share, or a total $1.33 billion. Subsequently, Thermo Fisher Scientific Inc intends to acquire the entire share capital of AI.
The Shops at Crystals,Las Vegas,Nevada Investor Group 1,100.0 An investor group comprised of Invesco Ltd and Simon Property Group Inc definitively agreed to pay around $1.1 billion to acquire The Shops at Crystals, a Las Vegas-based owner and operator of shopping mall, from CityCenter Holdings LLC, jointly owned by MGM Resorts International and Infinity World Investments.
Padlock Therapeutics Inc Bristol-Myers Squibb Co 600.0 Bristol-Myers Squibb Co definitively agreed to acquire the entire share capital of Padlock Therapeutics Inc, a Cambridge-based manufacturer of biological products, for an estimated $600 million in profit-related payments.
Serena Software Inc Micro Focus International PLC 540.0 Micro Focus International PLC of the UK definitively agreed to acquire the entire share of Serena Software Inc, a San Mateo-based developer of application lifecycle management software, from HGGC LLC for $540 mil.
EP Energy Corp-Haynesville & Bossier Shales Assets Covey Park Energy LLC 420.0 Covey Park Energy LLC agreed to acquire Haynesville & Bossier shale assets of EP Energy Corp, a Houston-based producer of crude petroleum and natural gas, for an estimated $420 million in cash.
Hexion Inc-Performance Adhesives Powder Coatings Additives & Acrylic Coatings & Monomers Businesses Synthomer PLC 226.0 Synthomer PLC of the UK definitively agreed to acquire the performance adhesives, powder coatings, additives & acrylic coatings and monomers businesses of Hexion Inc, a Columbus-based manufacturer of specialty chemicals and performance materials owned by Hexion LLC, for an estimated $226 mil.
Ardent Services LLC EMCOR Group Inc 205.0 EMCOR Group Inc definitively agreed to acquire Ardent Services LLC, a Covington-based provider of electrical and instrumentation services, from Cadent Energy Partners LLC. Concurrently, EMCOR definitively agreed to acquire Rabalais Constructors LLC. The two transactions would have a combined value of around $205 mil.
Boardvantage Inc NASDAQ Inc 200.0 NASDAQ Inc agreed to acquire Boardvantage Inc, a provider of news syndication services, for $200 mil.
SRS Industries LLC UACJ Corp 155.0 UACJ Corp of Japan plans to acquire the entire share capital of SRS Industries LLC, a Ludington-based manufacturer and wholesaler of automotive aluminum structural materials and various aluminum components, for $155 million from SRS International Holdings Inc (88%) and Rani Rahangdale 2015 Grantor Retained AnnuityTrust No 1 (12%).
Limbach Holdings LLC 1347 Capital Corp 95.1 1347 Capital Corp definitively agreed to merge with Limbach Holdings LLC, a commercial building constructor, for an estimated $95.125 million. The consideration would consist of around $70 million in cash and the issuance of 2.5 million common shares collectively valued at $25.125 million. The shares were valued based on 1347 Capital's closing stock price of $10.05 on 22 March 2016, the last full trading day prior to the announcement.
Billing Solutions LLC Syncordia Technologies & Healthcare Solutions Inc 8.0 Syncordia Technologies & Healthcare Solutions Inc of Canada, a unit of LL Capital Corp, acquired an 80% interest in Billing Solutions LLC, a provider of home health care services. Concurrently, Syncordia was granted an option to acquire the remaining 20% stake in Billing Solutions LLC.
Reppond Holding Corp Security National Life Insurance Co 6.8 Security National Life Insurance Co, a unit of Security National Financial Corp, agreed to acquire the entire share capital of Reppond Holding Corp, an Ashdown-based provider of insurance services, for $6.753 million. The consideration would consist of $6.753 million in cash and real estate. The transaction would also include First Guaranty Insurance Co.
Mediplex Alliances Inc iNeedMD Holdings Inc 6.3 iNeedMD Holdings Inc agreed to acquire the entire share capital of Mediplex Alliances Inc, an Omaha-based manufacturer of medical devices, in exchange for 5 million iNeedMD common shares collectively valued at $6.25 million. The shares were valued based on iNeedMD's closing stock price of $1.25 on 21 March 2016, the last full trading day prior to the announcement.
CryoLife Inc-ProCol related assets LeMaitre Vascular Inc 2.0 LeMaitre Vascular Inc acquired procol related assets of CryoLife Inc, a Kennesaw-based manufacturer of medical instruments, for $2.035 million. The transaction included finished goods inventory. Concurrently, LeMaitre acquired Procol Vascular Bioprosthesis from Hancock Jaffe Laboratories Inc.
Hancock Jaffe Laboratories Inc- ProCol Vascular Bioprosthesis LeMaitre Vascular Inc 0.7 LeMaitre Vascular Inc paid $0.655 million to acquire Procol Vascular Bioprosthesis from Hancock Jaffe Laboratories Inc, an Irvine-based manufacturer of medical instruments, ultimately owned by Leman Cardiovascular. Concurrently, LeMaitre acquired the procol related assets of CryoLife Inc.
Wells Supply LLC A&B Valve and Piping Systems LLC   A&B Valve and Piping Systems LLC acquired Wells Supply LLC, a manufacturer of glass products.
DuvaSawko Ancor Capital Partners   Ancor Capital Partners acquired DuvaSawko, a provider of home health care services.
Xendo Inc AppDirect LLC   AppDirect LLC acquired Xendo Inc, a provider of marketing consulting services.
Ramcat Broadheads Arcus Hunting LLC   Arcus Hunting LLC, a unit of Bregal Partners, acquired Ramcat Broadheads, a North Huntingdon-based textile product mill operator.
Milwaukee Center Associated Banc-Corp   Associated Banc-Corp plans to acquire the Milwaukee Center, a commercial office building at 111 East Kilbourn Avenue in Milwaukee.
Mangrove Employer Services Asure Software Inc   Asure Software Inc acquired Mangrove Employer Services, a Tampa-based software publisher.
ArcelorMittal SA-US Long Product Mills Black Diamond Capital Management LLC   Black Diamond Capital Management LLC definitively agreed to acquire the US long product mills of ArcelorMittal SA, a Luxembourg-based steel investment foundry operator, via a leveraged buyout transaction. The deal includes the acquisition of the LaPlace and the Vinton Long Carbon facilities. Terms were not disclosed. Originally, ArcelorMittal was rumored to be seeking a buyer for its US long product mills in July 2015.
Parametric LLC Bypass Mobile LLC   Bypass Mobile LLC acquired Parametric LLC, a Philadelphia-based developer of software tablet devices.
ICON Venue Group LLC CAA Sports   CAA Sports, a unit of Creative Artists Agency Inc, acquired ICON Venue Group LLC, a Greenwood Village-based commercial building constructor.
Red Heritage Media Catawba Indian Nation   Catawba Indian Nation acquired Red Heritage Media, a Fort Mill-based manufacturer of electronic computers.Terms were not disclosed.
That's How We Roll LLC Clearlake Capital Group LP   Clearlake Capital Group LP, a unit of Reservoir Capital Group LLC, acquired That's How We Roll LLC, a Fairfield-based manufacturer of foods, in a leveraged buyout transaction.
AppGrade Inc ClicksMob Inc   ClicksMob Inc merged with AppGrade Inc, a provider of marketing services for mobile apps.
CRT Capital Group LLC-Business Cowen Group Inc   Cowen Group Inc plans to acquire the credit products, credit research, special situations and emerging markets business units of CRT Capital Group LLC, a Stamford-based securities brokerage, ultimately owned by Aquiline Capital Partners LLC. Terms were not disclosed.
Smith & Wollensky Restaurant Group Inc Danu Investment Partners Ltd   Danu Investment Partners Ltd of Republic of Ireland acquired Smith & Wollensky Restaurant Group Inc, a New York-based full-service restaurant operator, from Patina Restaurant Group LLC, ultimately owned by Delaware North Cos Inc and Bunker Hill Capital LP. Terms were not disclosed.
Ingenium Technologies Corp Dodge Data & Analytics Inc   Dodge Data & Analytics Inc acquired Ingenium Technologies Corp, a provider of custom computer programming services.
Shopular Ebates Shopping.com Inc   Ebates Shopping.com Inc, a unit of Rakuten Inc, acquired Shopular, a provider of computer systems design services.
Interactive Driving Systems Inc eDrivingSolutions Ltd   eDrivingSolutions Ltd acquired Interactive Driving Systems Inc, a software publisher. Concurrently eDriving acquires Mentor Edata LLC.
Mentor eData LLC eDrivingSolutions Ltd   eDrivingSolutions Ltd acquired Mentor eData LLC, a San Luis Obispo-based software publisher. Concurrently eDriving Solutions acquired Interactive Driving Systems Inc.
Migralex Inc-Assets Ember Therapeutics Inc   Ember Therapeutics Inc definitively agreed to acquire the Migralex drug assets of Migralex Inc, a Greenlawn-based manufacturer of over-the-counter pain relief drug.
Rabalais Constructors LLC EMCOR Group Inc   EMCOR Group Inc definitively agreed to acquire Rabalais Constructors LLC, a Corpus Christi-based provider of electrical and instrumentation services, from Cadent Energy Partners LLC. Concurrently, EMCOR definitively agreed to acquire Ardent Services LLC. Both transactions would have a combined value of around $205 mil.
Major Business Systems Inc-Assets Ennis Inc   Ennis Inc acquired assets of Major Business Systems Inc, a Hillsborough-based provider of manifold business forms printing services.
Community Bancorp Inc Fentura Financial Inc,Fenton, Michigan   Fentura Financial Inc at Fenton, Michigan plans to acquire Community Bancorp Inc, an Escondido-based bank holding company, from First Community Bancorp Inc, ultimately owned by PacWest Bancorp based in Los Angeles, California.
PHOTO ETCH Co Inc Firan Technology Group Corp   Firan Technology Group Corp of Canada acquired Photo Etch Comapany Inc, a Fort Worth-based provider of illuminated display and control panels, simulation systems and complex electronic assemblies for commercial and military applications.
Lake Federal Bank FSB First Savings Bank of Hegewisch   Chicago-based First Savings Bank of Hegewisch definitively agreed to merge with Hammond-based Lake Federal Bank FSB. Terms were not disclosed and the transaction is subject to regulatory approval.
Airco Industries LLC FTG Aerospace   FTG Aerospace of Canada, a unit of Circuit World Corp, acquired Airco Industries LLC, a Wilmington-based manufacturer of bare printed circuit boards.
Brewster Inc FullContact Inc   FullContact Inc acquired Brewster Inc, a provider of contact management software development services.
Callidus Software Inc Google Inc   Google Inc, a unit of Alphabet Inc, is rumored to be planning to acquire the entire share capital of Callidus Software Inc, a Dublin-based sales performance management software developer.
Namely Inc Google Inc   Google Inc, a unit of Alphabet Inc, is rumored to be planning to acquire Namely Inc, a New York City-based human resource application software developer.
Xactly Corp Google Inc   Google Inc, a unit of Alphabet Inc, is rumored to be planning to acquire the entire share capital of Xactly Corp, a San Jose-based sales compensation management software developer.
Nia Global Solutions Green Alpha Advisors LLC   Green Alpha Advisors LLC merged with Nia Global Solutions, an Oakland-based provider of investment management services.
Bellacinos Inc Healthy & Tasty Brands Corp   Healthy & Tasty Brands Corp plans to acquire Bellacinos Inc, a Tulsa-based owner and operator of restaurants.
Capps Insurance Agency Inc Higginbotham & Associates LLC   Higginbotham & Associates LLC acquired the entire share capital of Capps Insurance Agency Inc, a Mt Pleasant-based insurance agency.
Papillon Agricultural Com Inc Inter-Rock Minerals Inc   Inter-Rock Minerals Inc of Canada plans to acquire Papillon Agricultural Com Inc, a business to business electronic market operator. Terms were not disclosed, but according to people with knowledge of the transaction, the deal is estimated to be valued at $5.55 mil.
Verilume IntraLinks Holdings Inc   IntraLinks Holdings Inc acquired Verilume, a software publisher.
Progressus Therapy Inc Invo HealthCare Associates Inc   Invo HealthCare Associates Inc acquired Progressus Therapy Inc, a Tampa-based provider of temporary help services, from Sylvan Education Solutions, jointly owned by Educate Inc and Catapult Learning LLC.
Z&R Electric Service Inc L&S Electric Inc   L&S Electric Inc acquired Z&R Electric Service Inc, an Iron Mountain-based wholesaler of electrical equipment.
Blue Sky Bioservices LakePharma Inc   LakePharma Inc acquired Blue Sky Bioservices, a manufacturer of biological products.
C.J. Duffey Paper Company Lindenmeyr Munroe Co   Lindenmeyr Munroe Co, a unit of Central National-Gottesman Inc, agreed to acquire C.J. Duffey Paper Company, a Minneapolis-based paper mill operator.
Atwood Mobile Products Inc-Replacement Glass Business Lippert Components Inc   Lippert Components Inc, a unit of Drew Industries Inc, acquired the replacement glass business of Atwood Mobile Products Inc, an Elkhart-based manufacturer appliances and hardware ultimately owned by Atwood Acquisition Co LLC. The transaction included Atwood's remaining inventory and rights to easyrvwindows.com.
VEEV Spirits LLC Luxco Inc   Luxco Inc agreed to acquire VEEV Spirits LLC, a Beverly Hills-based brewery. Terms were not disclosed.
Magellan Biosciences Inc Meridian Bioscience Inc   Meridian Bioscience Inc acquired Magellan Biosciences Inc, a Billerica-based manufacturer of biological products.
Titan Lenders Corp MetaSource LLC   MetaSource LLC acquired Titan Lenders Corp, a Denver-based mortgage back office outsource services provider.
Netsmart Technologies Inc Nathan Holding LLC   Nathan Holding LLC definitively agreed to acquire the entire share capital of Netsmart Technologies Inc, a Great River-based healthcare software developer, from Genstar Capital LLC. The buyer is jointly owned by GI Partners LLP and Allscripts Healthcare Solutions Inc.
Dematic Corp NDC Technology Australia Pty Ltd(NDC Technologies International)   NDC Technology Australia Pty Ltd, a a unit of NDC Technologies International Ltd, acquired Dematic Corp, a Grand Rapids-based manufacturer of conveyor and conveying equipment, from Dematic GmbH & Co KG, ultimately owned by TRITON WATER AG.
Best Insurance Agency Inc Northwest Savings Bank   Northwest Savings Bank, a unit of Northwest Bancorp Inc, definitively agreed to merge with Best Insurance Agency Inc, a Butler-based provider of employee benefits and property casualty insurance services.
Ferco Tech Corp Novaria Group Inc   Novaria Group Inc acquired the entire share capital of Ferco Tech Corp, a provider of engineering services.
FirstLight Fiber Oak Hill Capital Partners LP   Oak Hill Capital Partners LP definitively agreed to acquire FirstLight Fiber, an Albany-based wired telecommunications carrier.
The Oil & Gas Asset Clearinghouse LLC OFSCap Acquisition LLC   OFSCap Acquisition LLC, a unit of OFSCap LLC, acquired The Oil & Gas Asset Clearinghouse LLC, a Houston-based provider of acquisition and divestiture advisory services, from CenterGate Capital LP.
Stoneridge Farms at Hillwood LLC Olympus Property Management   Olympus Property Management acquired Stoneridge Farms at Hillwood LLC, a Murfreesboro-based lessor of residential buildings and dwellings.
ThriveHive Propel Business Solutions Inc   Propel Business Solutions Inc acquired ThriveHive, a Cambridge-based provider of marketing consulting services.
Blu Pharmaceutical LLC PuraCap Pharmaceutical LLC   PuraCap Pharmaceutical LLC, a unit of Enspire Hroup LLC, acquired Blu Pharmaceutical LLC, a manufacturer of pharmaceutical preparation.
Capella Health Holdings Inc RegionalCare Hospital Partners Inc   RegionalCare Hospital PartnersInc plans to acquire the entire share capital of Capella Health Holdings Inc, aprovider of home health care services, from Medical Properties Trust Inc.
Derby City Spirits Richard Keith Hazelbaker   Richard Keith Hazelbaker acquired Derby City Spirits, a Louisville-based distillery. Terms were not disclosed.
TiVo Inc Rovi Corp   Rovi Corp is rumored to be planning to acquire the entire share capital of TiVo Inc, an Alviso-based provider of web-based cable television services.
Mmic Agency LLC Sentinel Risk Advisors LLC   Sentinel Risk Advisors LLC plans to acquire the entire share capital of Mmic Agency LLC, a direct life insurance carrier, from Medical Mutual Group.
Viscira Sudler & Hennessey Plc   Sudler & Hennessey Plc, a unit of WPP PLC, acquired Viscira, a San Francisco-based provider of marketing consulting services.
Zephyrus Biosciences Inc Techne Corp   Techne Corp acquired Zephyrus Biosciences Inc, a Berkeley-based manufacturer of biological products.
Sancap Liner Technology Inc Tekni-Plex Inc   Tekni-Plex Inc, a unit of American Securities LLC, plans to acquire Sancap Liner Technology Inc, an Alliance-based manufacturer of chemical products.
Clarus Commerce llc Trivergance LLC   Trivergance LLC acquired Clarus Commerce llc, an internet service provider.
International Polo Club Palm Beach Wellington Equestrian Partners LLC   Wellington Equestrian PartnersLLC plans to acquire International Polo Club Palm Beach, a Wellington-based fitness and recreational sports center operator.
US M&A Deals Announced March 18 to 24, 2016      
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.