Target | Acquirer | Value ($millions) | Synopsis |
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Media General Inc | Nexstar Broadcasting Group Inc | 4,100.0 | Nexstar Broadcasting Group Inc (Nexstar) planned to launch an unsolicited tender offer to acquire Media General Inc (Media), a Richmond-based multimedia company, for an estimated $4.1 billion, including assumption of liabilities. Nexstar offered $10.5 per share and 0.0898 share per Media share. Based on Nexstar's closing stock price of $44.52 on 25 September 2015, the last full trading day prior to the announcement, each Media share was valued at $14.5. |
Arizona Chemical Holdings Corp | Kraton Performance Polymers Inc | 1,370.0 | Kraton Performance Polymers Inc (Kraton) definitively agreed to acquire the entire share capital of Arizona Chemical Holdings Corp (Arizona), a Jacksonville-based manufacturer of specialty chemicals, from American Securities LLC, for an estimated $1.37 billion in cash. Originally, on September 2015, Kraton was rumored to be planning to acquire Arizona. |
Rentrak Corp | comScore Inc | 813.2 | comScore Inc (CI) definitively agreed to merge with Rentrak Corp (RC), a Portland-based provider of consumer viewership information services, via a stock swap transaction valued at $813.244 million . CI offered 1.15 common shares per RC share. Based on CI's closing stock price of $43. 15 on 28 September 2015, the last full trading day prior to the announcement, each RC share was valued at $49. 623. Upon completion of the deal, CI and RC shareholders will own 66.5% and 33.% of the merged entity respectively. |
New World Systems Corp | Tyler Technologies Inc | 679.0 | Tyler Technologies Inc (Tyler) definitvely agreed to acquire the entire share capital of New World Systems Corp, a Troy-based developer of public sector software, for an estimated $678.957 million . The consideration consisted of an estimated $360 million in cash and the issuance of 2.136 million Tyler shares valued at $318.957 million . The shares were valued based on Tyler's closing stock price of $149.31 on 30 September 2015, the last full trading day prior to the announcement. |
Genworth Life & Annuity Insurance Co- In-force Blocks of Term Life Insurance | Protective Life Corp | 661.0 | Protective Life Corp, a unit of The Dai-ichi Life Insurance Co Ltd, agreed to acquire In-force Blocks of Term Life Insurance of Genworth Life & Annuity Insurance Co-In, a Richmond- based provider of stock life insurance services ultimately-owned by Genworth Financial Inc, for an estimated $661 million. |
Pericom Semiconductor Corp | Montage Technology Group Ltd | 413.7 | Montage Technology Group Ltd of China planned to launch an unsolicited challenging offer to acquire the entire share capital of Pericom Semiconductor Corp (Pericom), a million pitas-based manufacturer and wholesaler of integrated circuits, for $18.5 per share, or a total value of $413. 679 million . Subsequently, Diodes Inc agreed to acquire the entire share capital of Pericom. |
Catarina Midstream LLC | Sanchez Production Partners LP | 345.8 | Sanchez Production Partners LP, a unit of Exelon Corp, agreed to acquire the entire share capital of Catarina Midstream LLC, a Texas-based owner and operator of midstream gathering lines and associated assets located in Dimmit County and Webb County, from Sanchez Energy Corp for an estimated $345.8 million in cash. |
Business Insider Inc | Axel Springer SE | 343.0 | Axel Springer SE (Axel) of Germany agreed to raise its interest from 9% to to 97% by acquiring an 88% interest in Business Insider Inc, a New York-based provider of online news services, for $343 million. Originally, September 2015, Axel was rumored to be planning to raise its 7% stake to an undisclosed majority interest in Business Insider. |
Republic Cos Group Inc | AmTrust Financial Services Inc | 233.0 | AmTrust Financial Services Inc agreed to acquire Republic Cos Group Inc, a Dallas-based insurance agency, from Delek Finance US Inc, which is owned by Delek Capital Ltd, for an estimated $233 million . The consideration consisted of $128 million in cash and $105 million in notes. |
Phoenix Cos Inc | Nassau Reinsurance Group Holdings LP | 217.5 | Nassau Reinsurance Group Holdings LP, a unit of Golden Gate Capital, definitively agreed to acquire the entire share capital of Phoenix Cos Inc, a Hartford-based provider of life insurance services, for $37.5 per share, or a total value of $217.5 million. |
NexPlanar Corp | Cabot Microelectronics Corp | 144.3 | Cabot Microelectronics Corp definitively agreed to acquire NexPlanar Corp, a Hillsboro-based manufacturer of chemical mechanical planarization pads, for an estimated $144.3 million. |
Zephyr Insurance Co Inc | Heritage Insurance Holdings Inc | 120.0 | Heritage Insurance Holdings Inc agreed to acquire Zephyr Insurance Co Inc, a Honolulu-based insurance company, from Zephyr Acquisition Co, which is jointly-owned by MP Holdings LLC and Ocean Harbor Holding Inc, for $120 million. |
Security California Bancorp, Riverside,California | Pacific Premier Bancorp Inc | 118.9 | Pacific Premier Bancorp Inc (Pacific Premier) definitively agreed to acquire the entire share capital of Security California Bancorp (Security California), a Riverside-based bank holding company, via a stock swap transaction valued at $118.931 million. Pacific Premier offered 0.963 common shares per Security California share and $0. 766 million in cash. Based on Pacific Premier's closing stock price of $20.32 on 30 September 2015, the last full trading day prior to the announcement, each Security California share was valued at $19.566. Upon completion of the deal, Pacific Premier and Security California will own 78.7% and 21.3% of the merged entity respectively. |
Lazarus Effect Inc | Medtronic PLC | 100.0 | Medtronic PLC of Republic of Ireland acquired Lazarus Effect Inc, a Cambell-based manufacturer of medical devices, for $100 million in cash. |
Anthony Forest Products Co | Canfor Corp | 93.5 | Canfor Corp of Canada agreed to acquire Anthony Forest Products Co, an El Dorado-based manufacturer and wholesaler of lumber, engineered wood and wood chips, for $93.5 million. |
First Capital Bancorp Inc | Park Sterling Bank,Charlotte, North Carolina | 71.6 | Park Sterling Corp (Park) definitively agreed to acquire the entire share capital of First Capital Bancorp Inc (First), a Glen Allen-based bank holding company, via a stock swap transaction valued at $71. 596 million . Park offered a choice of $5.54 in cash or 0.775 common shares per First share, subject to proration whereby 70% of the aggregate consideration should comprise common shares, while the remaining 30% should consist of cash. |
Residence Inn Palo Alto Los Altos | RLJ Lodging Trust | 70.0 | RLJ Lodging Trust acquired Residence Inn Palo Alto Los Altos, a Los Altos-based hotel operator, for $70 million . |
Vizcaya Hilltop Apartments,Village at Iron Blossom Apartments | MG Properties Group | 68.1 | MG Properties Group acquired Vizcaya Hilltop Apartments and the Village at Iron Blossom Apartments located in Reno for $68.1 million. |
Intronis Inc | Barracuda Networks Inc | 65.0 | Barracuda Networks Inc definitively agreed to acquire Intronis Inc, a Chelmsford-based developer of data protection solutions, for $65 million in cash. |
Interboro Insurance Co Inc | United Insurance Holdings Corp | 57.0 | United Insurance Holdings Corp agreed to acquire the entire share capital of Interboro Insurance Co Inc, a Mineola-based insurance agency, from Interboro LLC for $57 million. The consideration consisted of $48.5 million in cash and $8.5 million in promissory notes. |
Orange County Business Bank | Homestreet Inc | 55.3 | Homestreet Inc definitively agreed to acquire the entire share capital of Orange County Business Bank, an Irvine-based commercial bank, for $11.7 per share, or a total value of $55. 278 million. |
Bronco Billy's Casino & Hotel,Cripple Creek,Colorado | Full House Resorts Inc | 30.0 | Full House Resorts Inc definitively agreed to acquire Bronco Billy's Casino & Hotel, a Cripple Creek-based hotel operator, from Pioneer Group Inc for an estimated $30 million. |
Vision Technology Services LLC | BG Staffing Inc | 20.8 | BG Staffing Inc acquired Vision Technology Services LLC, a Hunt Valley-based provider of temporary staffing and project management services, for an estimated $20.75 million . The consideration consisted of $10 million and up to $10.75 million in profit-related payments. |
Hema Diagnostic Systems LLC | Generex Biotechnology Corp | 15.0 | Generex Biotechnology Corp of Canada signed a Letter of Intent {LoI} to acquire a 51% interest in Hema Diagnostic Systems LLC, a Miramar-based manufacturer of in-vitro diagnostic substances, for $15 million. |
Northlake Engineering Inc | Standex International Corp | 13.5 | Standex International Corp acquired the entire share capital of Northlake Engineering Inc, a Bristol-based designer, manufacturer and distributor of electromagnetic products and solutions, for an estimated $13.5 million in cash. |
USA Wood Door Inc | Masonite International Corp | 13.0 | Masonite International Corp acquired the entire share capital of USA Wood Door Inc, a Thorofare-based wholesaler and fabricator of architectural and commercial wood doors, for an estimated $13 million. |
ADI Engineering Inc | Silicom Ltd | 10.0 | Silicom Ltd of Israel definitively agreed to acquire ADI Engineering Inc, a Charlottesville-based developer of engineering software, for $10 million. The consideration consisted of $10 million in cash and undisclosed amount in profit related payments. |
Greenbud Networks Inc | High Hampton Holdings Corp | 0.8 | High Hampton Holdings Corp(High) of Canada acquired Greenbud Networks Inc, a provider of online social network services, from Greenbud Retail Services Inc in exchange for 2.5 million High common shares collectively valued at $0. 75 million. The shares were valued based on High's closing stock price of $0. 3 on 25 September 2015, the last full trading day prior to the announcement. |
Transgenomic Inc-Genetic Assays & Platforms Business Unit | ADSTEC Corp | 0.3 | ADSTEC Corp of Japan definitively agreed to acquire the genetic assays & platforms business unit of Transgenomic Inc, an Omaha-based biotechnology company, for $0.3 million. |
Shipmymachinery.com | Absolute Worldwide Logistics Inc | | Absolute Worldwide Logistics Inc acquired Shipmymachinery.com, a Perrysburg-based developer of an online platform for transportation and logistics services. |
Covington Group Inc-Logistics Pointe,Spartanburg,South Carolina | AIC Ventures | | AIC Ventures acquired the Logistics Pointe industrial property located in Spartanburg, South Carolina from Covington Group Inc, a Dallas-based real estate development and investment company. |
Langdon Flynn Communications | Allied Integrated Marketing | | Allied Integrated Marketing acquired Langdon Flynn Communications, a Las Vegas-based provider of public relations services. |
Bayonne Visiting Nurse Association Inc- Home Health Agency | Almost Family Inc | | Almost Family Inc agreed to acquire home health agency of Bayonne Visiting Nurse Association Inc, a Bayonne-based provider of home health care services. |
Ascensus Inc | Ascensus Inc SPV | | Ascensus Inc SPV, a special purpose acquisition vehicle formed by Genstar Capital LLC and Aquiline Capital Partners LLC, definitively agreed to acquire Ascensus Inc, a Dresher-based provider of insurance and pension funds administration services, via a a leveraged buyout transaction from Crump Group Inc, which is ultimately owned by JC Flowers & Co LLC . Terms were not disclosed. Originally, in May 2015, Crump Group Inc was rumored to be seeking a buyer for Ascensus Inc. |
Northwest Crossing Business Center,Dallas,Texas | Avistone LLC | | Avistone LLC acquired Northwest Crossing Business Center, a Dallas-based owner and operator of office buildings. |
Young & Sons Drying & Restoration | Blue Restoration Team | | Blue Restoration Team acquired Young & Sons Drying & Restoration, a Farmington Hills-based provider of restoration services. |
Smoltz Distributing Inc | Carolina Wholesale Office Machine Co Inc | | Carolina Wholesale Office Machine Co Inc acquired Smoltz Distributing Inc, a Cave Creek-based wholesaler of dictation products and solutions. |
Pension Resource Group Inc | CBIZ Inc | | CBIZ Inc acquired Pension Resource Group Inc, a Roswell-based provider of pension administration solutions. |
Atmel Corp | Cypress Semiconductor Corp | | Cypress Semiconductor Corp discontinued the rumors that it planned to launch a challenging offer to acquire the entire share capital of Atmel Corp (Atmel), a San Jose-based manufacturer and wholesaler of semiconductors. Subsequently, Dialog Semiconductor PLC agreed to acquire the entire share capital of Atmel. |
Orth Chakler Murnane & Co | Doeren Mayhew & Co PC | | Doeren Mayhew & Co PC merged with Orth Chakler Murnane & Co, a Miami-based provider of accounting and auditing services. |
Vinecraft LLC | Domaine Select Wine & Spirits LLC | | Domaine Select Wine & Spirits LLC acquired Vinecraft LLC, a Miami-based distributor of boutique wines and spirits. Terms were not disclosed. |
Cura Hospitality Inc | Elior SCA | | Elior Participations SCA of France, a unit of Holding Bercy Investissement SCA, acquired Cura Hospitality Inc, a Homestaed-based provider of dining services. |
Unifour Nursing LLC | Epic Health Services Inc | | Epic Health Services Inc, a unit of Webster Capital Management LLC, acquired Unifour Nursing LLC, a Newton-based provider of home health care services. |
Warwick Oil & Gas Inc | FBS Properties Inc | | FBS Properties Inc acquired the entire share capital of Warwick Oil & Gas Inc, a Texas-based owner and operator of oil and gas properties. The transaction included Warwick Oil & Gas Inc located in Oklahoma and Reserve Royalty Corp. |
e-Nicotine Technology Inc | Fontem Ventures BV | | Fontem Ventures BV of Netherlands, a unit of Imperial Tobacco Group PLC, acquired e-Nicotine Technology Inc, a Draper-based manufacturer and developer of electronic nicotine delivery products. |
Jibe Mobile Inc | Google Inc | | Google Inc, a unit of Alphabet Inc, acquired Jibe Mobile Inc, a Mountain View-based provider of application services. |
Fifth Third Bank-St Louis Bank Branches(12) | Great Southern Bank, Springfield,Missouri | | Great Southern Bank, a unit of Great Southern Bancorp Inc, agreed to acquire 12 St Louis bank branches of Cincinnati-based Fifth Third Bank, a unit of Fifth Third Bancorp. |
Continental Fragrances Ltd | High Ridge Brands Co | | High Ridge Brands Co, a unit of Brynwood Partners VI LP, acquired Continental Fragrances Ltd, an Auburn Hills-based manufacturer and and distributor of hair care products, from SG Holdings Acquisition Inc. Terms of the transaction were not disclosed. |
Capital Risk Underwriters Inc | Houston International Insurance Group Ltd | | Houston International Insurance Group Ltd, a unit of Westaim HIIG LP, acquired Capital Risk Underwriters Inc, an Orlando-based provider of insurance services. |
BlueMetal Inc | Insight Enterprises Inc | | Insight Enterprises Inc acquired BlueMetal Inc, a Watertown-based provider of design and technology architecture services. |
Meteorix LLC | International Business Machines Corp{IBM} | | International BusinessMachines Corp{IBM} planned to acquire Meteorix LLC, a Boston-based provider of online human resources and finance services. |
Shopping Centers Portfolio(5) | Investor Group | | An investor group, comprised of Macerich Co (60%) and GIC Pte Ltd (40%), planned to acquire a portfolio of 5 shopping centers, located in Portland, Cerritos, Glendale, Lakewood and Lubbock. |
FreeConferencePro | iotum Inc | | iotum Inc of Canada acquired FreeConferencePro, a West Hartford-based provider of audio conferencing services. Terms were not disclosed. |
Ocala Hospitalist Group PA | IPC Healthcare Inc | | IPC Healthcare Inc (IPC) acquired Ocala Hospitalist Group PA, an Ocala-based provider of acute and post-acute hospitalist services. Concurrently, IPC acquired Hospitalists of Ocala LLC and Ocala Geriatric Services Inc. |
Hospitalists of Ocala LLC | IPC Healthcare Inc | | IPC Healthcare Inc (IPC) acquired Hospitalists of Ocala LLC, an Ocala-based provider of acute and post-acute hospitalist services. Concurrently, IPC acquired Ocala Hospitalist Group PA and Ocala Geriatric Services Inc. |
United Mobile Solutions Corp | iTalk Inc | | iTalk Inc definitively agreed to acquire the entire share capital of United Mobile Solutions Corp, a Norcross-based wholesaler of mobile phones in exchanged for an undisclosed amount in convertible preferred shares. |
Akros Silicon Inc | Kinetic Technologies Inc | | Kinetic Technologies Inc acquired Akros Silicon Inc, a San Jose-based manufacturer of fabless semiconductor. Terms were not disclosed. |
American Fabricators Inc | Kloeckner & Co SE | | Kloeckner & Co SE of Germany acquired American Fabricators Inc, a Nashville-based provider of sheet metal fabrication services. |
Viztek LLC | Konica Minolta Inc | | Konica Minolta Inc of Japan, through its Konica Minolta Medical Imaging U.S.A. Inc subsidiary, acquired Viztek LLC, a Garner-based healthcare imaging solution provider. |
WealthTrust LLC-Affiliates(8) | Lee Equity Partners LLC-High Net Worth Firms(8) | | Lee Equity Partners LLC, merged its 8 high net worth firms with 8 affiliates of WealthTrust LLC, a Nashville-based provider of investment advisory and wealth management services, and a unit of Circle Peak Capital LLC. On completion, the new entity retained the WealthTrust name. |
Caring Brands International | Levine Leichtman Capital Partners Inc | | Levine Leichtman Capital Partners Inc acquired Caring Brands International, a Sunrise-based provider of home health care services, via a leveraged buyout transaction. Terms were not disclosed. |
New Jersey Anesthesia Associates PC | MEDNAX Inc | | MEDNAX Inc acquired New Jersey Anesthesia Associates PC, a Florham Park-based provider of anesthesia services. Terms were not disclosed. |
Comptryx | Mercer LLC | | Mercer LLC, a unit of Marsh & McLennan Cos Inc, acquired Comptryx, a Hopkinton-based provider of human resources data analysis services. Terms were not disclosed. |
Mubadala GE Capital PJSC-Corporate & Real Estate Loan Portfolio | Midcap Financial LLC | | Midcap Financial LLC, a unit of Apollo Global Management LLC, agreed to acquire the corporate & real estate loan portfolio of Mubadala GE Capital PJSC, an Abu Dhabi-based provider of sales financing services jointly-owned by the Emirati state-owned Mubadala Development Co PJSC and General Electric Capital Corp. |
Malama Wellness LLC | Monarch America Inc | | Monarch America Inc, a unit of Cannabis Kinetics Corp, signed a Letter of Intent {LOI} to acquire Malama Wellness LLC, provider of medical marijuana management services. |
Alacra Inc | Opus Global Holdings LLC | | Opus Global Holdings LLC acquired Alacra Inc, a New York-based internet service provider, in a leveraged buyout transaction. Terms of the deal were not disclosed. |
Berry Town Center,Davenport,Florida | Phillips Edison Grocery Center REIT II Inc | | Phillips Edison Grocery Center REIT II Inc acquired Berry Town Center, a Davenport-based owner and operator of a shopping center. |
Global Cancer Diagnostics Inc | QuantRX Biomedical Corp | | QuantRX Biomedical Corp signed a letter of intent {LOI} to acquire Global Cancer Diagnostics Inc, a Tempe-based biotechnology company. |
Red Giant Media LLC | Red Giant Entertainment LLC | | Red Giant Entertainment LLC acquired the entire share capital of Red Giant Media LLC, provider of motion picture production services. |
EcoCity Partners LLC | Renew Financial LLC | | Renew Financial LLC acquired EcoCity Partners LLC, a St. Petersburg-based provider of environmental consulting services. |
Roto Hammer Industries Inc | Rotork PLC | | Rotork PLC of the UK, acquired Roto Hammer Industries Inc, a Tulsa-based manufacturer of industrial valves. |
Rogers Holsters Co LLC | Safariland LLC | | Safariland LLC (Safariland), a unit of Kanders & Co Inc, acquired a 65% interest in Rogers Holsters Co LLC (RHC) , a Jacksonville-based manufacturer and retailer of firearms accessories. Terms were not disclosed. Concurrently, Safariland was granted an option to acquire the remaining 35% interest, which it did not already own, in RHC. |
Rogers Holsters Co LLC | Safariland LLC | | Safariland LLC (Safariland), a unit of Kanders & Co Inc, was granted an option to acquire the remaining 35% stake, which it did not already own, in Rogers Holsters Co LLC (RHC), a Jacksonville-based manufacturer and retailer of firearm accessories. Terms were not disclosed. Concurrently, Safariland acquired 65% interest in RHC. |
Valpak of Greater Charleston | Sam Thompson | | Sam Thompson acquired Valpak of Greater Charleston, a North Charleston-based provider of marketing consulting services, from Valpak Direct Marketing Systems Inc, which is owned by Cox Target Media Inc. |
Black River Asset Management LLC | Shareholders | | Cargill Inc planned to spin off Black River Asset Management LLC, a Hopkins-based provider of asset management services, to its shareholders. |
Alcoa Inc-Value Add Co | Shareholders | | Alcoa Inc planned to spin off its Value Add Company to its shareholders. |
South Beach International Realty | Sotheby's International Realty Inc | | Sotheby's International Realty Inc, a unit of NRT LLC, acquired South Beach International Realty, a Miami Beach-based real estate agency. |
SmartPay Leasing Inc | TEMPOE LLC | | TEMPOE LLC acquired SmartPay Leasing Inc, a San Francisco-based provider of consumer lending services. |
Wantage Stone,Hamburg,New Jersey | US Concrete Inc | | US Concrete Inc acquired Wantage Stone, a Hamburg-based quarry site. |
Valet Waste Inc | Valet Waste Inc SPV | | Valet Waste Inc SPV, a special purpose acquisition vehicle formed by Ares Management LP and Harvest Partners LP, acquired Valet Waste Inc (Valet Waste), a Tampa-based provider of waste management services, from New Mountain Capital LLC (New Mountain) via a leveraged buyout transaction. |
American Galvanizing Co Inc | Valmont Industries Inc | | Valmont Industries Inc acquired American Galvanizing Co Inc, a Folsom-based manufacturer and provider of hot-dip galvanizing services. |
Click 4 Compliance LLC | Workplace Answers LLC | | Workplace Answers LLC acquired Click 4 Compliance LLC, a Reston-based provider of compliance and ethics training e-learning services. |
Buffalo CarShare | Zipcar Inc | | Zipcar Inc, a unit of Avis Budget Group Inc, Buffalo CarShare, a Buffalo-based provider of car sharing services. |
US M&A Deals Announced September 27 to October 2, 2015 | | | |
Source: Thomson Reuters | | | |