Target | Acquirer | Value ($millions) | Synopsis |
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Oculus VR Inc | Facebook Inc | 2,180.7 | Facebook Inc (Facebook) definitively agreed to acquire Oculus VR Inc, an Irvine-based developer of virtual mobile gaming application software, for $2.181 billion. The consideration was to consist of $400 millionin cash, up to $300 millionin profit-related payments, and the issuance of 23.1 millionFacebook common shares valued at $1.481 billion. The shares were valued based on Facbeook's closing stock price of $64.1 on 24 March 2014, the last full trading day prior to the announcement. |
Maker Studios Inc | Walt Disney Co | 950.0 | Walt Disney Co (Disney) agreed to acquire Maker Studios Inc, a Los Angeles-based provider of digital content production and distribution services, for $950 million. The consideration was to consist of $500 millionand up to $450 millionin profit-related payments. Originally, Disney was rumored to be planning to acquire Maker Studios. |
GE Capital Railcar-Boxcar | GATX Corp | 340.0 | GATX Corp acquired 18500 boxcars from GE Capital Railcar Services, a Fairfield-based provider of railcar transportation services and a unit of General Electric Co, for an estimated $340 million. |
ADF Holdings Inc | Calumet Specialty Products | 235.0 | Calumet Specialty Products Partners LP definitively agreed to acquire ADF Holdings Inc, an Oklahoma-based investment holding company of Anchor Drilling Fluids USA Inc, for an estimated $235 millionin cash. |
A123 Sys-A123 Energy Solutions | NEC Corp | 100.0 | NEC Corp of Japan, agreed to acquire the A123 Energy Solutions business unit of A123 Systems LLC, a Livonia-based manufacturer of advanced Nanophosphate lithium iron phosphate batteries and energy storage systems, and a unit of Wanxiang Corp of Chinas Wanxiang America Corp subsidiary, for an estimated $100 million. |
PACK Pharmaceuticals LLC | Rising Pharmaceuticals Inc | 100.0 | Rising Pharmaceuticals Inc, a unit of Aceto Corp (Aceto), definitively agreed to acquire PACK Pharmaceuticals LLC, a Buffalo Grove-based wholesaler of pharmaceuticals, for an estimated $100 million. The consideration was to consist of an estimated $80 millioncash, $5 millionthird party Aceto common shares, and up to $15 millionin profit-related payments. |
Quartermaster Plaza | Cedar Realty Trust Inc | 92.3 | Cedar Realty Trust Inc acquired Quartermaster Plaza, a South Philadelphia-based owner and operator of a retail center for $92.3 millionin cash. |
Bailey Farm Apartments | Investor Group | 91.5 | An investor group, comprised of Kennedy-Wilson Inc, a unit of Kennedy-Wilson Holdings Inc, and Capri Capital Partners LLC, acquired Bailey Farm Apartments, a Bothell-based owner and operator of an apartment community, for $91.5 million. |
Delta Trust & Banking Corp | Simmons First Natl Corp | 66.0 | Simmons First National Corp definitively agreed to acquire the entire share capital of Delta Trust & Banking Corp, a Little Rock-based bank holding company, for an estimated $66 million. |
Majestic Star Casino LLC | Full House Resorts Inc | 62.0 | Full House Resorts Inc definitively agreed to acquire the entire share capital of Majestic Star Casino LLC, a Las Vegas-based owner and operator of casino resorts, from Majestic Holdco LLC, a unit of Barden Development Inc, for $62 million. |
DigitalOptics Corp-Equip Asts | Shenzhen O-film Tech Co Ltd | 50.0 | Shenzhen O-Film Tech Co Ltd of China signed a letter of intent {LoI} to acquire the equipment assets of Digital Optics Corp, a San Jose-based manufacturer of optoelectronic semiconductors, from Tessera Technologies Inc, for $50 million. |
Cedarburg Pharmaceuticals Inc | Albany Molecular Research Inc | 41.0 | Albany Molecular Research Inc definitively agreed to acquire the entire share capital of Cedarburg Pharmaceuticals Inc, a Grafton-based manufacturer of pharmaceuticals, for $41 million. The consideration was to consist of $38.2 millionin cash and the assumption of $2.8 millionin liabilities. |
Cypress Pointe Surgical Hosp | Carter Validus Mission | 25.0 | Carter Validus Mission Critical REIT Inc acquired the Cypress Pointe Surgical Hospital, a Hammond-based owner and operator of a hospital, for an estimated $25 million. |
Citizens Homes Inc | UCP Inc | 21.0 | UCP Inc agreed to acquire Citizens Homes Inc, a Charlotte-based homebuilder, for an estimated $21 million. The consideration was to consist of $15 millionand up to $6 millionprofit-related payments. |
Elemental Energy LLC | Real Goods Solar Inc | 19.0 | Real Goods Solar Inc definitively agreed to acquire Elemental Energy LLC, doing business as Sunetric, a Kailua-based renewable energy firm, for $19 million. The consideration was to consist of $7 millionin cash, $9 millionin unregistered Real Goods Class A common shares, and up to $3 millionin profit- related payments. |
Triple Location LLC-Club O | RCI Dining Services (Harvey) | 9.1 | RCI Dining Services (Harvey) Inc, a wholly owned unit of Rick's Cabaret International Inc (Rick's) definitively agreed to acquire Club O of Triple Location LLC, a Harvey-based owner and operator of adult entertainment cabaret, for $9.06 million. The consideration was to consist of $2 millionin cash, $1. 560 millionin Rick's restricted common shares and $5.5 millionin promissory notes. |
H60 Canada Inc | Delavaco Residential Ppty Corp | 5.8 | Delavaco Residential Properties Corp of Canada agreed to acquire H60 Canada Inc, a New Jersey-based owner and operator of apartment buildings, for $5.846 million. The consideration was to consist of $3.120 millionin promissory notes and the issuance of 3.120 millionDelavaco common shares valued at $2.726 million. The shares were valued based on Delavaco's closing stock price of CAD 0.97 (USD 0.874) on 26 March 2014, the last full trading day prior to the announcement. |
QUICK Tech-Quickable Assets | Peak Positioning Tech Inc | 2.5 | Peak Positioning Technologies Inc of Canada agreed to acquire the assets of Quickable.com from QUICK Technologies LLC, a Boston-based developer of mobile application software, for $2.5 millionin cash and Peak Positioning common shares. |
Crystal Petroleum-Gasoline | Samiha G LLC | 1.3 | Samiha G LLC acquired the gasoline station of Crystal Petroleum Inc, a Pompano Beach-based owner and operator of gasoline stations, for $1.3 million. |
Fort Worth/Dallas Suite | InnSuites Hospitality Trust | 1.0 | Innsuites Hospitality Trust (Innsuites) agreed to acquire a 51% interest in Fort Worth/Dallas Suite Hospitality Partnership, an owner and operator of hotels in exchange for 0.531 millionInnsuites common shares valued at $0.987 million. The shares were valued based on Innsuites's closing stock price of $1.86 on 25 March 2014, the last full trading day prior to the announcement. |
Aplus Finetek Sensor Inc | Golden Land International Corp | 0.0 | Golden Land International Corp of Taiwan, a wholly-owned unit of FineTek Co Ltd of Taiwan planned to acquire the entire share capital in Aplus Finetek Sensor Inc, a Walnut-based manufacturer of sensors, for $0.031 million. |
Sense4Baby Inc-Assets | AirStrip Technologies Inc | | AirStrip Technologies Inc acquired the assets of Sense4Baby Inc, a La Jolla-based developer and manufacturer of a maternal/ fetal heart rate monitoring system. Terms were not disclosed. |
Spataro Insurance Agency Inc | Arthur J Gallagher & Co | | Arthur J. Gallagher & Co acquired Spataro Insurance Agency Inc, a Burnt Hills-based provider of insurance broker and risk management services. Terms were not disclosed. |
American Hardwood Industries | Baillie Lumber Co LP | | Baillie Lumber Co LP acquired American Hardwood Industries LLC, a Waynesboro-based manufacturer and wholesaler of hardwood lumber, from HIG Capital LLC. Terms were not disclosed. |
Woodbury & Co | BB&T Insurance Services Inc | | BB&T Insurance Services Inc, a unit of BB&T Corp's Branch Banking & Trust Co, planned to acquire Woodbury & Co, a Wilmington-based insurance agency. |
Hughes Equipment Co LLC | Blackthorne Partners Ltd | | Blackthorne Partners Ltd acquired Hughes Equipment Co LLC, a Columbus-based manufacturer of food processing equipment, in a leveraged buyout transaction. Terms were not disclosed. |
Sparta Insurance Holdings Inc | Catalina Holdings Ltd | | Catalina Holdings (Bermuda) Ltd of Bermuda definitively agreed to acquire Sparta Insurance Holdings Inc, a Hartford-based property casualty underwriting company. Terms were not disclosed. |
Global Geophysical Svcs Inc | Creditors | | Global Geophysical Services Inc, a Missouri City-based provider of geographical mapping services, planned to a debt restructuring transaction with Creditors. |
RAE CORP | DC Products Group | | DC Products Group acquired Rae Corp, a McHenry-based manufacturer of motors and generators. Terms were not disclosed. |
StatSoft Inc | Dell Inc | | Dell Inc acquired StatSoft Inc, a Tulsa-based developer of enterprise software. Terms were not disclosed. |
DirecTV Inc | DISH Network Corp | | Dish Network Corp was rumored to be merging with DirecTV Inc, an El Segundo-based provider of cable television services. |
Horshe Gallup Oilfield Produci | Diversified Resources Inc | | Diversified Resources Inc signed a Letter of Intent {LoI} to acquire Horseshoe Gallup oilfield producing assets, an oil and gas exploration and production company, located in New Mexico. Terms were not disclosed. |
Underwriters Laboratories-Bus | Eurofins Scientific SE | | Eurofins Scientific SE of France agreed to acquire the consumer and municipal water testing business of Underwriters Laboratories Inc, a Northbrook-based provider of product safety testing and certification services. Terms were not disclosed. |
Country Boy's Gas Inc | Ferrellgas Partners LP | | Ferrellgas Partners LP acquired Country Boys Gas Inc, a Commerce-based propane company. Terms were not disclosed. |
Bay View Federal Savings & Loa | First Federal Bk of Wisconsin | | First Federal Bank Of Wisconsin planned to merge with Bay View Federal Savings & Loan Association, a Milwaukee-based provider of savings and loans financial products. Terms were not disclosed. |
American Lighting & Distn Inc | ForceField Energy Inc | | ForceField Energy Inc agreed to acquire American Lighting & Distribution Inc, a San Diego-based commercial lighting contractor. Terms of the transaction were not disclosed but the consideration was to consist of cash, stock and a secured promissory note. |
Willett Travel | Frosch Intlernational Travel | | Frosch International Travel Inc agreed to acquire Willett Travel, a Studio City-based provider of travel management services. Terms were not disclosed. |
ScrewAttack.Com | Fullscreen Inc | | Fullscreen Inc acquired ScrewAttack.Com, a Dallas-based provider of video game entertainment and production services. Terms were not disclosed. |
Palmyra Gold Property | Gold Mining USA Inc | | Gold Mining USA Inc of Australia acquired Palmyra Gold Property located in Lyon County, Nevada. |
Livevox Inc | Golden Gate Capital | | Golden Gate Capital acquired an undisclosed majority interest in LiveVox Inc, a San Francisco-based provider of cloud contact center solutions, in a leveraged buyout transaction. Terms were not disclosed. |
Silverpop Systems Inc | IBM Corp | | IBM Corp was rumored to be in negotiations to acquire Silverpop Systems Inc, an Atlanta-based developer of email marketing software. Terms were not disclosed but, according to sources close to the situation, the deal was valued at $270 million. |
Akoya Inc | I-Cubed | | I-Cubed acquired Akoya Inc, a Rosemont-based software developer. Terms were not disclosed. |
US Insulation Corp | Installed Building Products | | Installed Building Products Inc acquired US Insulation Corp, a Berlin-based provider of installation services of fiberglass and spray foam insulation and complementary products including utters and waterproofing. Terms were not disclosed. |
VaultLogix LLC | InterCloud Systems Inc | | InterCloud Systems Inc definitively agreed to acquire VaultLogix LLC, a Danvers-based provider of online back-up and disaster recovery services. Terms were not disclosed. |
Arbco Industries LLC | Investor Group | | A management-led investor group, including CEO Paul Hauck, acquired the entire share capital of Arbco Industries LLC, an Export-based manufacturer of wheels, in a leveraged buyout transaction. |
Southern Trust Mortgage LLC | Investor Group | | A management-led investor group including Southern Trust Mortgage LLC's CEO James Flowers, Southern National Bancorp of Virginia Inc (Southern), and Eastern Virginia Bankshares Inc (Eastern) agreed to acquire the remaining 62.4% interest which it did not already own in Southern Trust Mortgage LLC, a Virginia Beach-based mortgage banking company, from Middleburg Bank, a wholly-owned unit of Middleburg Financial Corp. Upon completion, Mr. Flowers, Southern, and Eastern is to own 51.1%, 44% and 4.9% respectively. |
Prior Lake State Bank | KleinBank,Chaska,Minnesota | | KleinBank planned to acquire Prior Lake-based Prior Lake State Bank. |
Klout Inc | Lithium Technologies Inc | | Lithium Technologies Inc acquired Klout Inc, a San Francisco-based provider of monitoring user reach services. Terms were not disclosed, but according to sources close to the deal, the transaction was valued at an estimated $200 million. Originally, in February 2014, Lithium Technologies Inc was rumored to be planning to acquire Klout Inc. |
Kramer & Little | Littlejohn Engineering Assoc | | Littlejohn Engineering Associates Inc acquired Kramer & Little, an Orlando-based provider of planning and consulting services. Terms were not disclosed. |
Vexxel Composites LLC | Luxfer Holdings PLC | | Luxfer Holdings PLC of the UK acquired Vexxel Composites LLC, a Brigham City-based manufacturer of carbon composite cylinders. |
Appolo Fuels Inc-Coal Mining | Middlesboro Mining Inc | | Middlesboro Mining Inc, a unit of the JW Resources Inc subsidiary of HIG Capital LLCs Bayside Capital Inc unit, acquire the coal mining operations of Appolo Fuels Inc, a Middlesboro-based coal mining company. |
Media Armor Inc | Nomi | | Nomi acquired Media Armor Inc, a Boston-based developer of internet software for digital marketing. Terms were not disclosed. |
ActivaTek Inc | North Coast Medical Inc | | North Coast Medical Inc acquired ActivaTek Inc, a Salt Lake City-based manufacturer and wholesaler of drug delivery and medical devices. |
Roof Diagnostics Inc | NRG Energy Inc | | NRG Energy Inc acquired Roof Diagnostics Inc, a Wall-based provider of solar installation services. Terms were not disclosed. |
AK Environmental LLC | NV5 Holdings Inc | | NV5 Holdings Inc acquired AK Environmental LLC, a West Trenton-based provider of technical consulting services, in cash and stock. |
Mountain Valley Bank,Hayden,Co | Platte Valley Finl Svcs Inc | | Platte Valley Financial Services Inc agreed to acquire a Hayden-based Mountain Valley Bank. Terms were not disclosed. |
Swan Concepts Inc-Red Robin | Red Robin International Inc | | Red Robin International Inc, a unit of Red Robin Gourmet Burgers Inc, acquired four Red Robin franchised restaurants of Swan Concepts Inc, a Clifton Park-based owner and operator of franchised restaurants. |
Pyramid Moldings Inc | Roller Die & Forming Co Inc | | Roller Die & Forming Co Inc acquired Pyramid Mouldings Inc, a Green Cove Springs-based manufacturer of custom-rolled products, from Eastport Operating Partners. Terms were not disclosed. |
Fieldglass Inc | SAP AG | | Systeme Anwendungen Produkte AG of Germany planned to acquire Fieldglass Inc, a Chicago-based provider of workforce management automation services, from Madison Dearborn Partners LLC. |
Newks Holding Co LLC | Sentinel Capital Partners LLC | | Sentinel Capital Partners LLC acquired Newks Holding Co LLC, a Flowood-based owner and operator of a restaurant franchise, in a leveraged buyout transaction. Terms were not disclosed. |
Baxter Intl-Biopharmaceuticals | Shareholders | | Baxter International Inc (Baxter), a Deerfield-based manufacturer and wholesaler of biological products and technologies, planned to spin off its biopharmaceuticals business, to its shareholders. Originally, in March 2014, Baxter was rumored to be seeking a buyer for its vaccines business. |
Plextronics Inc | Solvay SA | | Solvay SA of Belgium acquired Plextronics Inc, a Pittsburgh-based manufacturer and wholesaler of conductive polymers and inks. Terms were not disclosed. Originally, in January 2014, Plextronics Inc, a Pittsburgh-based manufacturer and wholesaler of conductive polymers and inks, announced that it was seeking a buyer for the company, via an auction. Solvay America Inc was named potential bidder. |
Circle K Stores Inc | Super 8 Retail Systems Inc | | Super 8 Retail Systems Inc of the Philippines, acquired Circle K Stores Inc, a Tempe-based owner and operator of convenience stores, from Alimentation Couche-Tard Inc. |
DF King Worldwide LLC-Assets | Taylor Rafferty | | Taylor Rafferty, a unit of Sage Holdings LLC, acquired the assets of DF King Worldwide LLC, a New York-based provider of financial services, from DF King & Co Inc. |
Upsher-Smith-Women's Health(3) | Vertical/Trigen Holdings LLC | | Vertical/Trigen Holdings Llc, a unit of Avista Capital Holdings LP, acquired three women's health products, of Upsher-Smith Laboratories Inc, a Maple Grove-based manufacturer of pharmaceuticals. Terms were not disclosed. The transaction included rights to Divigel, Nexa Plus Rx Prenatal Vitamin and Provella. |
MediaAlpha LLC | White Mountains Insurance | | White Mountains Insurance Group Ltd acquired an undisclosed majority interest in MediaAlpha LLC, a Los Angeles-based provider of online insurance advertising services. |
Chronic Cellars | Winery Exchange Inc | | Winery Exchange Inc acquired Chronic Cellars, a Paso Robles-based producer and wholesaler of wine. |
T+ink | Winnick & Co | | Winnick & Co acquired an undisclosed majority interest in T+ink, a Beverly Hills-based manufacturer of printing and digital ink. Terms were not disclosed. |
SharedBook Inc | XanEdu Publishing Inc | | XanEdu Publishing Inc merged with SharedBook Inc, a New York-based publishing company. |
Source: Thomson Reuters | | | |
The weekly wrap includes announced deals between March 21-28 | | | |