TargetAcquirerValue ($millions)Synopsis
Grubb & Ellis Healthcare REITNorthStar Realty Finance Corp3,374.1NorthStar Realty Finance Corp (Northstar) definitively agreed to acquire the entire share capital of Griffin-American Healthcare REIT II Inc (Griffin), a Newport Beach-based real estate investment trust, from Grubb & Ellis Co (Grubb), for $11.5 per share or a total value of $3.374 bil, via tender offer. Northstar offered $7.75 in cash and $3.75 common shares per Griffin share. Originally, In May 2014, Grubb was rumored to be seeking a buyer for Griffin. Ventas Inc, Health Care REIT Inc, American Realty Capital Healthcare Trust, and an undisclosed division of NorthStar Realty Finance Corp were named potential bidders.
Classified Ventures IncGannett Co Inc1,800.0Gannett Co Inc definitively agreed to acquire the remaining 73.1% interest, which it did not already own, in Classified Ventures Inc (Classified), a Chicago-based provider of ecommerce information services, from its joint venture partners McClatchy Co (25.6%), Tribune Co (27.8%) and Graham Holdings Co (16.5%) and other shareholders, for $1.8 billion in cash. Originally, in March 2014, Classified was rumored to be seeking a buyer for its Cars. com unit. Gannett Co Inc was named rumored bidder.
International Strategy & Investment Group LLCEvercore Partners Inc401.0Evercore Partners Inc (Evercore) agreed to acquire International Strategy & Investment Group LLC (ISI), a New York-based provider of securities brokerage and dealing services, for $401.04 million. The consideration was to consist of the issuance of 8 million Evercore common shares, and up to a further $280.728 million in profit-related payments. The shares were valued based on Evercore's closing stock price of $50.13 on 01 August 2014, the last full trading day prior to the announcement. Concurrently, Evercore agreed to acquire the remaining 40% interest, which it did not already own, in its Institutional Equities business. Originally, in August 2014, Evercore was rumored to be planning to acquire ISI.
Pike CorpInvestor Group384.9An investor group, comprised of Court Square Capital Partners and Pike Corp's (Pike) Chairman and Chief Executive Officer J. Eric Pike, definitively agreed to acquire the entire share capital of Pike, a Mount Airy-based provider of electric construction services, for $12 in cash per share, or a total value of $384.909 mil, in a leveraged buyout transaction.
Pioneer Natural-Hugoton FieldLINN Energy LLC340.0Linn Energy LLC agreed to acquire the Hugoton field assets of Pioneer Natural Resources Co (Pioneer), an Irving-based oil and gas exploration and production company, for an estimated $340 million in cash. Concurrently, Pioneer agreed to divest its Barnett Shale assets to an undisclosed acquirer.
Brightstar Global Group IncSoftBank Corp298.0Softbank Corp of Japan agreed to acquire the remaining 37.7% stake which it did not already own in Brightstar Global Group Inc, a wholesaler of wireless equipment, from Marcelo Claure for an estimated $298 million.
Symmetry Medical IncTecomet Inc281.6Tecomet Inc, majority-owned unit of Genstar Capital LLC, definitively agreed to acquire the entire share capital of Symmetry Medical Inc (SMI), a Warsaw-based manufacturer and wholesaler of orthopedic implants, for UDS 7.5 in cash per share, or a total value of $281.607 million. Concurrently, SMI planned to spin off its Symmetry Surgical Inc unit to its shareholders.
Hunt Oil-Natural Gas,OilVanguard Natural Resources LLC278.0Vanguard Natural Resources LLC definitively agreed to acquire the natural gas, oil and natural gas liquids assets of Hunt Oil Co, a Dallas-based an oil and gas exploration and production company, for $278 million.
The Shops at GeorgetownJamestown Properties LLC272.5Jamestown Properties LLC agreed to acquire The Shops at Georgetown Park, a Washington-based shopping mall, for $272.5 million from Vornado Realty Trust and Angelo Gorgon.
[x+1] IncRocket Fuel Inc236.8Rocket Fuel Inc (Rocket) definitively agreed to acquire the entire share capital of [x+1] Inc, a New York-based developer of digital marketing software, for $236.836 million. The consideration was to consist of $100 million in cash and the issuance of 5.4 million Rocket common shares valued at $136.836 million. The shares were valued based on Rocket's closing stock price of $25.34 million on 4 August 2014, the last full trading day prior to the announcement.
Northern Lights Capital GroupTreasury Group Ltd221.5Treasury Group Ltd (Treasury) of Australia agreed to merge with Northern Lights Capital Group LLC (Northern), a Seattle-based private equity firm, for $221.505 million. The consideration was to consist of $51.818 million in cash, $127.73 million in Treasury ordinary shares, and up to $41.957 million in profit-related payments. Upon completion, Treasury and Northern were to own 61% and 39% in the new company, respectively.
Avalon Labs Holding CorpNordson Corp180.0Nordson Corp definitively agreed to acquire Avalon Laboratories Holding Corp, a Rancho Dominguez-based manufacturer of medical tubing products, for $180 million.
Peoples Federal Bancshares IncIndependent Bank Corp131.6Independent Bank Corp (Independent) definitively agreed to the entire share capital of Peoples Federal Bancshares Inc (Peoples), a Brighton-based bank holding company, in a stock swap transaction valued at $131.608 million. Independent offered a choice of $21 in cash or 0.5523 common share, subject to proration whereby 60% of the Peoples common shares will be exchanged for common shares and 40% for cash. The transaction was to include Peoples Federal Savings Bank.
Kforce Healthcare IncRcm Acquisition Inc119.0RCM Acquisition Inc acquired the entire share capital of Kforce Healthcare Inc, a Tampa-based provider of staffing services and solutions, for $119 million in cash from Kforce Inc. Upon completion, Kforce Healthcare Inc will use the name himagine solutions Inc.
TheraDoc IncPremier Inc117.0Premier Inc, through its wholly-owned Premier Healthcare Solutions Inc, definitively agreed to acquire the entire share capital of TheraDoc Inc, a Salt Lake City-based developer of clinical surveillance systems software, from Hospira Inc, for an estimated $117 million in cash.
NB&T Financial Group IncPeoples Bancorp,Marietta,Ohio101.7Peoples Bancorp Inc (Peoples) definitively agreed to merge with NB&T Financial Group Inc (NB&T), a Wilmington-based bank holding company, in a stock swap transaction valued at $101. 685 million. Peoples offered $7.75 in cash and 0.9319 common shares per NB&T share. Based on Peoples' closing stock price of $23.5 on 01 August 2014, the last full trading day prior to the announcement, each NB&T share was valued at $29.65.
Lehigh Gas GP LLCCST Brands Inc84.6CST Brands Inc (CST) definitively agreed to acquire the entire share capital of Lehigh Gas GP LLC, an Allentown-based distributor of branded petroleum for motor vehicles, from Lehigh Gas Corp for an estimated $84.595 million. The consideration was to consist of $17 million in cash and the issuance of 2.044 million CST common shares valued at $67.595. The shares were valued based on CST's closing stock price of $33.07 on 05 August 2014, the last full trading day prior to the announcement.
GMFS LLCZAIS Financial Corp83.0ZAIS Financial Corp definitively agreed to merge with GMFS LLC, a Baton Rouge-based full service mortgage lender, for an estimated $83 million. The consideration was to consist of $61 million in cash and up to $22 million in profit-related payments.
Scottsdale Air CenterSignature Flight Support Corp55.8Signature Flight Support Corp, a unit of BBA Aviation PLC of UK, acquired Scottsdale Air Center, a Scottsdale-based provider of aviation services, for $55.8 million in cash.
UltraVolt IncAdvanced Energy Industries30.2Advanced Energy Industries Inc acquired UltraVolt Inc, a Ronkonkoma-based manufacturer of high voltage power supply converters, from UltraVolt Acquisition Co Inc, a unit of Riverside Co, for $30.2 million in cash.
Mortgage Resource Center IncEllie Mae Inc30.0Ellie Mae Inc definitively agreed to acquire Mortgage Resource Center Inc, an Eagan-based provider of information services for the mortgage lending product and underwriting guidelines, for $30 million in cash.
Residential Mortgage Holding Co LLCNorthrim Capital Investment Co29.8Northrim Capital Investment Co, a unit of Northrim BanCorp Inc, agreed to acquire a 76.5% interest in Residential Mortgage Holding Co LLC, an Anchorage-based mortgage company, for a total value of an estimated $29.8 million. The consideration was to consist of $22.4 million in cash and $7.4 million in profit-related payments. The transaction was to include Residential Mortgage LLC.
Sophisticated Business System IncBluePhoenix Solutions Ltd23.6Bluephoenix Solutions Ltd (Bluephoenix) definitively agreed to merge with Sophisticated Business System Inc, a Dallas-based provider of tools and services in modernizing and migrating legacy systems, in exchange for an estimated 6.2 million common shares or a total value of an estimated $23.560 million. The shares were valued based on Bluephoenix closing stock price of $3.8 on 05 August 2014, the last full trading prior to the announcement.
CBS44 WEVVBayou City Broadcasting LLC18.6Bayou City Broadcasting LLC definitively agreed to acquire CBS44 WEVV, an Evansville-based owner and operator of a television station, from Nexstar Broadcasting Group Inc, for $18.6 million.
First of Huron CorpTalmer Bancorp Inc,Troy,Michigan13.4Talmer Bancorp Inc definitively agreed to acquire the entire share capital of First Huron Corp, a Bad Axe-based bank holding company, for an estimated $13.4 million in cash. The transaction was to include Signature Bank.
Dimmock SquareArmada Hoffler Properties Inc10.0Armada Hoffler Properties Inc agreed to acquire Dimmock Square, a Colonial Heights-based shopping center, for an estimated $10 million in cash.
Boulder Diagnostics IncOxford Immunotec Global PLC7.9Oxford Immunotec Global PLC of the UK acquired Boulder Diagnostics Inc, a Boulder-based manufacturer of immunology-based assays, for an estimated $7.9 million. The consideration consisted of $1.8 million in cash and up to $6.1 million in profit-related payments.
Avia International Travel IncCorporate Travel Mgmt Ltd4.1Corporate Travel Management Ltd of Australia planned to acquire Avia International Travel Inc, a The Woodlands-based travel agency for $4.125 in cash, shares and an undisclosed amount in profit-related payments.
Tri-State Grouting LLCAqua Resources Inc3.0Aqua Resources Inc, a wholly-owned subsidiary of Aqua America Inc, acquired Tri-State Grouting LLC, a Newark-based provider of wastewater services for an estimated $3 million in cash.
Elements Kitchen & Martini BarDixie Foods International Inc0.3Dixie Foods International Inc signed a Letter of Intent {LoI} to acquire Elements Kitchen & Martini Bar, a Las Vegas-based owner and operator of a restaurant and bar, from BestTwoBoys LLC, for $0.29 million in cash.
Laser Reproductions3D Systems Corp 3D Systems Corp acquired 3D Systems Corp, a Gahanna-based provider of engineering services. Terms were not disclosed.
StratITsphere-Retail ColocationAlpheus Communications LP Alpheus Communications LP, a unit of The Gores Group LLC, acquired the retail colocation business unit of StratITsphere Data Center Solutions LLC, a Katy-based provider of data center and information technology infrastructure consulting services.
Amptek IncAMETEK Inc AMETEK Inc (AMETEK) acquired Amptek Inc, a Bedford-based manufacturer of nuclear instrumentation products. Concurrently, AMETEK acquired Luphos GmbH.
Denman Consulting Services IncArthur J Gallagher & Co Arthur J Gallagher & Co acquired Denman Consulting Services, a Denver-based provider of employee benefit brokerage and consulting services. Terms were not disclosed.
Woodlands Business Park,Dallas,TXBrennan Investment Group LLC Brennan Investment Group LLC acquired Woodlands Business Park, a Dallas-based owner and operator of industrial facilities.
Sys Design & Development IncBroadSoft Inc BroadSoft Inc acquired Systems Design & Development Inc, a Delray Beach-based developer of commercial and hospitality solutions software.
Truss Rite LLCBuilders FirstSource Inc Builders FirstSource Inc acquired Truss Rite LLC, a Sherman-based manufacturer and wholesaler of wood roof and floor trusses.
Dave McBride Leasing LLCCarolina Alliance Bank Carolina Alliance Bank acquired Dave McBride Leasing LLC, a Spartanburg-based provider of commercial leasing services. Terms were not disclosed.
Dalhoff Larsen & Horneman-US Trading BusinessCentral National-Gottesman Central National-Cottesman Inc acquired the US trading business of Dalhoff Larsen & Horneman A/S, a Copenhagen-based wholesaler of timber and wood products.
Clean Earth IncCompass Diversified Holdings Compass Diversified Holdings definitively agreed to acquire the entire share capital of Clean Earth Inc, a Hatboro-based provider of soil treatment services, from Littlejohn & Co LLC.
MdotLabs InccomScore Inc comScore Inc acquired MdotLabs Inc, a Madison-based developer of online advertising and cyber security solutions software.
Guess Insurance Services IncConfie Seguros Inc Confie Seguros Inc (Confie), a unit of ABRY Partners LLC, acquired Guess Insurance Services Inc, a Round Rock-based provider of insurance brokerage services. Concurrently, Confie acquired Bower Insurance Agency Inc and Van Robinson Insurance Inc.
Van Robinson Insurance IncConfie Seguros Inc Confie Seguros Inc (Confie), a unit of ABRY Partners LLC, acquired Van Robinson Insurance Inc, a Charleston-based provider of insurance brokerage services. Concurrently, Confie acquired Bower Insurance Agency Inc and Guess Insurance Services Inc.
Entegra Power Group LLCCreditors Entegra Power Group LLC (Entegra Power), a Tampa-based provider of electric power services, agreed to a debt restructuring transaction with Creditors (CRs). CRs including Second Lien lenders will receive Pro Rata Share, New Second Lien Notes along with an aggregate amount of Cash and third-lien lenders will receive worth $550 million in new third-lien debt along with equity in exchange for existing outstanding debt. Upon completion, CRs were to hold an undisclosed interest in the restructured Entegra Power. The book value of the existing debt that will be exchanged under the terms of the offer is $1.543 billion.
First Community Bank NA-Branches(13)CresCom Bank,Charleston,SC CresCom Bank, a unit of Carolina Financial Corp, definitively agreed to acquire 13 branches, located in South and North Carolina, of Bluefield-based First Community Bank NA, a unit of First Community Bancshares Inc.
Musictoday LLCDelivery Agent Inc Delivery Agent Inc acquired Musictoday LLC, a Crozet-based provider of direct-to-fan ecommerce services.
ConejoDeals.com IncDiscount Coupons Corp Discount Coupons Corp agreed to acquire ConejoDeals. com Inc, a Westlake Village-based provider of ecommerce services.
Family PharmacyDougherty's Holdings Inc Dougherty's Holdings Inc, a wholly-owned subsidiary of Ascendant Solutions Inc, acquired Family Pharmacy, a Lewisville-based wholesaler and retailer of pharmaceutical products.
Daktronics-Vortek Rigging DivElectronic Theatre Controls Electronic Theatre Controls Inc acquired the Vortek Rigging Division of Daktronics Inc, a Brookings-based manufacturer and wholesaler of electronic signs and scoreboards. Terms were not disclosed.
Electronic Connection CorpEur-Pac Corp Eur-Pac Corp, a unit of Air Industries Group Inc, agreed to acquire the entire share capital of Electronic Connection Corp, a Bloomfield-based wire processing and wire terminating manufacturer.
Evercore Partners-BusinessEvercore Partners Inc Evercore Partners Inc (Evercore) agreed to acquire the remaining 40% interest, which it did not already own, in its Institutional Equities business, a New York-based provider of investment advisory services. Concurrently, Evercore agreed to acquire International Strategy & Investment Group LLC. The two transactions were to have a combined value of $401.04 million.
SafeWorks LLCEvergreen Pacific Partners LLC Evergreen Pacific Partners LLC acquired SafeWorks LLC, a Seattle-based manufacturer and wholesaler of powered suspended products, from Wynnchurch Capital Ltd in a secondary buyout transaction. Terms were not disclosed. Previously, Wynnchurch Capital Ltd acquired SafeWorks LLC in a leveraged buyout transaction.
Caterpillar Global-BusinessFabick Mining LLC Fabick Mining LLC, a unit of John Fabick Tractor Co, acquired the expanded CAT mining product distribution business of Caterpillar Global Mining LLC, an Oak Creek-based manufacturer and wholesaler of surface mining equipment and a unit of Caterpillar Inc.
PrivateCore IncFacebook Inc Facebook Inc agreed to acquire PrivateCore Inc, a Palo Alto-based Internet security company. Terms of the transaction were not disclosed.
Chempace Corp-Portable Sanitation DivisionFGL Group LLC FGL Group LLC acquired the portable sanitation division of Chempace Corp, a Toledo-based manufacturer of specialty chemicals.
John D Brush & Co IncFortune Brands Home & Security Inc Fortune Brands Home & Security Inc acquired John D. Brush & Co, a Rochester-based manufacturer and wholesaler of home, business and gun safes.
AMU Holdings IncFraport AG Fraport AG of Germany acquired the entire share capital of AMU Holdings Inc, a Wilmington-based investment company from Prospect Capital Corp. Terms were not disclosed. The transaction was to include the acquisition of Airmall USA Holdings Inc.
City Bank of HartfordFriend Bank Friend Bank definitively agreed to merge with City Bank of Hartford, a Hartford-based commercial bank.
Barton Nelson IncGill Studios Inc Gill Studios Inc acquired Barton Nelson Inc, a Kansas City-based manufacturer and wholesaler of sticky notes. On completion, Barton Nelson Inc was renamed Gill Bebco LLC.
Perzo IncGoldman Sachs Group Inc In August 2014, Goldman Sachs Group Inc was rumored to be planning to acquire Perzo Inc, a Palo Alto-based provider of instant messaging services.
Tinker Square IncGoogle Inc Google Inc acquired Tinker Square Inc, a Los Gatos-based developer of mobile messaging applications, from Kleiner Perkins Caufield & Byers, Draper Fisher Jurvetson, Menlo Ventures and other undisclosed minority shareholders. Terms were not disclosed.
Nashville Sporting Goods CoHat World Inc Hat World Inc, a unit of Genesco Inc, acquired Nashville Sporting Goods Co, a Nashville-based retailer and wholesaler of team sports equipment. Terms were not disclosed. The transaction included National Team Embellishment.
Ballard Insurance AgencyHub International Ltd Hub International Ltd, a unit of Hellman & Friedman LLC, acquired Melbourne-based Ballard Insurance Agency. Terms were not disclosed.
SIRAS.com IncINCOMM Holdings Corp InComm Holdings Corp, a unit of Tradequest International Inc, planned to acquire SIRAS.com Inc, a Redmond-based provider of point-of-sale (POS) electronic product registration and return validation technologies services, from Nintendo of America Inc, a unit of Nintendo Co Ltd. Terms were not disclosed.
ABRA IncInvestor Group An investor group, comprised of Hellman & Friedman LLC, and ABRA Inc's (ABRA) senior management, definitively agreed to acquire ABRA, a Brooklyn-based provider of automotive repair services, in a leveraged buyout transaction. Originally, in June 2014, ABRA was rumored to be seeking a buyer for the company.
Your Container Solutions IncInvestor Group An investor group, comprised of Ryan Haskin and Dan McDonald, acquired Your Container Solutions Inc, a Houston-based manufacturer of customized wood shipping crates, boxes and skids.
Cimarex Energy Co-Oil and GasInvestor Group An investor group comprised of GE Energy Financial Services Inc and Casillas Petroleum Corp planned to acquire oil and gas reserves located in Kansas from Cimarex Energy Co, a Denver-based oil and gas exploration and production company. Terms were not disclosed.
United Site Services IncInvestor Group An investor group comprised of Calera Capital and the management of United Site Services Inc, acquired United Site Services Inc, a Westborough-based provider of portable restroom rental services, in a secondary buyout transaction. Terms were not disclosed. Previously, DLJ Merchant Banking Partners LP, a unit of the DLJ Merchant Banking Inc subsidiary of Credit Suisse's Credit Suisse (USA Inc) unit, acquired United Site Services Inc in a leveraged buyout transaction. Credit Suisse was a unit of Credit Suisse Group AG.
GeriCare LLCIPC The Hospitalist Co Inc IPC The Hospitalist Co acquired GeriCare LLC, a Wolcott-based owner and operator of HMO, health maintenance organization.
FL Group IncJCM Innovation Corp JCM Innovation Corp, a unit of JCM American Corp, definitively agreed to acquire FL Group Inc, a Glendale-based manufacturer of small-format embedded thermal printing subassemblies, from American Capital Ltd.
AXIA LLC-Workday ConsultingKPMG LLP KPMG LLP, a wholly owned unit of KPMG International acquired the Workday Consulting Practice of AXIA Consulting LLC, a Columbus-based provider of technology and business consulting services. Terms are not disclosed.
Marco Outdoor Advertising IncLamar Advertising Co Lamar Advertising Co acquired Marco Outdoor Advertising Inc, a New Orleans-based provider of advertising services. Terms of the transaction were not disclosed.
Kidzui IncLeapFrog Enterprises Inc Leapfrog Enterprises Inc acquired KidZui Inc, a San Diego-based provider of kid- friendly internet browser.
PoliceReports.USLexisNexis Group LexisNexis Group, a unit of Reed Elsevier PLC, acquired PoliceReports.US, a Mooresville-based developer of online application software.
CruxCase LLCNLU Products LLC NLU Products LLC acquired CruxCase LLC, a Provo-based a manufacturer of accessories for the Apple iPad and the IOS operating system.
Management 4 HOAs LLCPacific Union Ppty Mgmt US- Pacific Union Property Management Inc, a joint venture between Pacific Union International Inc and an undisclosed joint venture partner, acquired Management 4 HOAs LLC, a Santa Rosa-based real estate agency.
Double Encore IncPossible Worldwide Inc POSSIBLE Worldwide Inc, a unit of WPP PLC's subsidiary WPP Digital, acquired Double Encore Inc, a Denver-based application services provider. Terms were not disclosed.
VSR Group IncRCS Capital Corp RCS Capital Corp agreed to acquire VSR Group Inc (VSR) , an Overland Park-based provider of security brokerage and dealership services. The transaction was to include VSR Financial Services Inc, a wholly-owned unit of VSR.
Symmetry Surgical IncShareholders Symmetry Medical Inc (SMI) planned to spin off its Symmetry Surgical Inc unit (SSI), a n Antioch-based manufacturer and wholesaler of surgical instruments, to its shareholders. SMI shareholders were to receive 0.25 SSI common share per SMI share held.
Gannett Co Inc-Publishing BusinessShareholders Gannett Co Inc, a McLean-based publisher of newspaper and online information, planned to spin off its Publishing Business unit to its shareholders.
Executive Trading SolutionsSolium Capital Inc Solium Capital Inc of Canada acquired Executive Trading Solutions LLC, a Brentwood-based developer of trading solutions software.
Perfect Market IncTaboola Inc Taboola Inc acquired Perfect Market Inc, a Pasadena-based developer of digital publishing software. Terms were not disclosed.
Angeles Home Health Care IncThe Ensign Group Inc The Ensign Group Inc acquired Angeles Home Health Care Inc, a Los Angeles-based provider of home health care services.
Sahale Snacks IncThe JM Smucker Co The JM Smucker Co agreed to acquire Sahale Snacks Inc, a Seattle-based manufacturer of nut and fruit snacks.
VeriFone Commerce Sols IncTIO Networks Corp TIO Networks Corp of Canada acquired VeriFone Commerce Solutions Inc, a San Francisco-based provider of online credit card bill payment solutions, from VeriFone Systems Inc.
MD Buyline IncTractManager Inc TractManager Inc, a unit of Arsenal Capital Partners LP, acquired MD Buyline Inc, a Dallas-based provider of healthcare analytics and supply chain management services, from SFW Capital Partners LLC.
Camp Bow Wow Distribution LLCVCA Inc VCA Antech Inc agreed to acquire Camp Bow Wow Distribution LLC, a Broomfield-based provider of dog day care.
Chattanooga Pest Control CoVolunteer Rid A Pest LLC Volunteer Rid A Pest LLC acquired Chattanooga Pest Control Co, a provider of pest control services.
Reach Broadband LLC-Certain AssetsVyve Broadband LLC Vyve Broadband LLC (Vyve) , a unit of Optimum West, acquired certain assets from Reach Broadband LLC, an Arp-based provider of digital cable TV and internet services. Concurrently, Vyve acquired Lakeview Cable TV Inc.
Directr IncYouTube Inc YouTube Inc, a unit of Google Inc, acquired Directr Inc, a Cambridge-based developer of moviemaking mobile application software. Terms were not disclosed.
US M&A Deals Announced August 3 - August 8, 2014   
Source: Thomson Reuters