TargetAcquirerValue ($millions)Synopsis
Catamaran CorpUnitedHealth Group Inc12,827.9UnitedHealth Group Inc, through its OptumRx, agreed to acquire the entire share capital of Catamaran Corp, a Schaumburg-based provider of pharmacy benefits management services, for $61.5 in cash per share or a total value of $12.828 billion.
Bright House Networks LLCCharter Communications Inc10,790.3Charter Communications Inc (Charter), through its CCH I LLC subsidiary definitively agreed to acquire the entire share capital of Bright House Networks LLC (Bright), a Syracuse-based provider digital cable services, from Time Warner Entertainment- Advance/Newhouse Partnership, a jointly-owned by Time Warner Entertainment Co LP, Advance Publications Inc and Newhouse Broadcasting Corp, in a stock swap transaction valued at $10.79 billion. The consideration was to consist of $2 billion in cash, $2.5 billion in convertible preferred partnership units and the issuance of 34.3 million Charter common shares valued at $6. 29 billion. The shares were valued based on Charters closing stock price of $183.39 on 30 March 2015, the last full trading day prior to the announcement. Originally, in March 2015, Charter was rumored to be planning to acquire Bright. The transaction was contingent upon the consummation of Charters acquisition of the cable systems of Comcast Corp. Upon completion, Charter and Bright shareholders were to own 73.7% and 26.3% of the merged entity, respectively.
Auspex Pharmaceuticals IncTeva Pharmaceutical Industries3,394.0Teva Pharmaceutical Industries Ltd of Israel, definitively agreed to acquire the entire share capital of Auspex Pharmaceuticals Inc (Auspex), a La Jolla-based biopharmaceutical company, for $101 in cash per share or a total value of $3.394 bil, via tender offer. The offer was conditioned upon at least a majority of Auspex''s shares being tendered.
Sears Hldg Corp-RE Ppty(254)Seritage Growth Properties2,500.0Seritage Growth Properties agreed to acquire 254 real estate properties of Sears Holdings Corp (Sears), a Hoffman Estates-based owner and operator of retail department stores, for an estimated $2.5 billion in cash, in a sale and leaseback transaction.
Johnson Controls Inc-GlobalCBRE Group Inc1,475.0CBRE Group Inc definitively agreed to acquire the global workplace solutions business of Johnson Controls Inc (Johnson), a Milwaukee-based manufacturer of industrial interior systems, for an estimated $1.475 billion in cash. Originally, in September 2014, Johnson announced that it was seeking a buyer for its global workplace solutions business.
Fundtech LtdDH Corp1,250.0DH Corp of Canada definitively agreed to acquire Fundtech Ltd, a New York-based developer of end- to-end financial transaction processing software solutions, from GTCR Fund X/A LP, a unit of GTCR LLC, for $1. 25 billion in cash.
Hyperion Therapeutics IncHorizon Pharma PLC1,017.1Horizon Pharma Plc of Ireland definitively agreed to acquire the entire share capital of Hyperion Therapeutics Inc (Hyperion), a San Francisco-based biopharmaceutical company, for $46 in cash per share or a total value of $1.012 bil, via a tender offer. The offer was conditioned upon at least 50% of Hyperion shares being tendered.
Norcraft Cos IncFortune Brands Home & Sec Inc441.4Fortune Brands Home & Security Inc definitively agreed to acquire the entire share capital of Norcraft Cos Inc, an Eagan-based manufacturer of wood kitchen cabinets and countertops, for $25.50 per share or a total of $441.445 mil, via tender offer. The offer was conditioned upon at least majority of the shares being tendered.
Cadillac Jack IncAGS LLC382.0AGS LLC,a unit of AP Gaming Acquisition LLC, ultimately owned by Apollo Global Management LLC, agreed to acquire Cadillac Jack Inc(Cadillac), a Duluth-based manufacturer of gaming equipment, from Amaya Inc (Amaya), for a total $382 million. The consideration was to consist of $370 million in cash and $12 million in promissory notes. Originally, in October 2014, Amaya announced that it was seeking a buyer for its Cadillac unit.
Sears Holdings Corp-Stores(12)General Growth Properties Inc330.0General Growth Properties Inc (GGP) acquired 12 stores of Sears Holdings Corp (Sears), a Hoffman Estates-based owner and operator of retail department stores, to form a joint venture named GS Portfolio Holdings LLC (GS) in a transaction valued at $330 mil, based on the value of the assets contributed by Sears. On completion, GGP and Sears owned 50% each of GS.
Cellular Dynamics Intl IncFujifilm Holdings Corp276.9Fujifilm Holdings Corp of Japan, definitively agreed to acquire the entire share capital of Cellular Dynamics International Inc (Cellular), a Madison-based biotechnology company, for $16.5 in cash per share or a total value of $260.931 mil, via tender offer. The offer was conditioned upon at least a majority of Cellular's shares being tendered.
SBM Financial IncCamden National Corp135.0Camden National Corp (Camden) definitively agreed to acquire the entire share capital of SBM Financial Inc, a Gardiner-based bank holding company, for an estimated $135 million. The consideration was to consist of an estimated $108 million in Camden common shares and $27 in cash. Camden offered a choice of 5.421 common shares or $206 cash per share.
eNeura IncOrthofix International NV65.0Orthofix International NV of Netherlands Antilles was granted an option to acquire eNeura Inc, a Baltimore-based manufacturer non-invasive medical device, for $65 million and up to a further undisclosed amount in profit-related payments.
Brierley & PartnersNomura Research Inst Hldg64.0Nomura Research Institute Holdings America Inc, a unit of Nomura Research Institute Ltd {NRI}, agreed to acquire the entire share capital of Brierley & Partners, a Dallas-based provider of marketing services, for $64 million in cash.
Feeney Wireless LLCNovatel Wireless Inc50.0Novatel Wireless Inc (Novatel) acquired Feeney Wireless LLC, an Eugene-based provider of internet of things products, systems integration, and services, for an estimated $50 million. The consideration consisted of $25 million in cash and Novatel common shares and up to $25 million in profit- related payments.
Assigned Risk Solutions LtdNational General Holdings Corp47.0National General Holdings Corp acquired Assigned Risk Solutions Ltd, a Bethpage-based provider of automobile insurance services, from Kingsway Financial Services Inc, for $47 million in cash, and an undisclosed amount in profit-related payments.
North Bank,Chicago,IllinoisWintrust Financial Corp17.0Wintrust Financial Corp definitively agreed to acquire the entire share capital of North Bank, a Chicago-based commercial bank, for an estimated $17 million.
b-pack IncSelectica Inc13.0Selectica Inc (Selectica) agreed to definitively agreed to acquire b-pack Inc, an Atlanta-based developer of purchase-to-pay software and services, for an estimated $13.034 million. The consideration was to consist of an estimated $1.25 million in cash and the issuance of 1. 841 million Selectica common shares valued at $11.784 million. The shares were valued based on Selectica's closing stock price of $6.40 on 27 March 2015, the last full trading day prior to the announcement.
Jamison Eaton & Wood Inc-CertSilvercrest Asset Mgmt Group12.0Silvercrest Asset Management Group LLC agreed to acquire certain assets of Jamison Eaton & Wood Inc, a Princeton-based portfolio manager, jointly owned by Resolution Ltd and Bank of Montreal,Ontario, Canada, for a total $12 million in profit- related payments.
Sunrise House Foundation-AstsAmerican Addiction Centers Inc7.1American Addiction Centers Inc, a unit of AAC Holdings Inc, definitively agreed to acquire the operating assets of Sunrise House Foundation Inc, a Lafayette-based provider of addiction treatment services, for $7.1 million. The consideration was to consist of $6.6 million cash and the assumption of $0.5 million in liabilities.
Arcado II LLC-Beaver Ruin IIWheeler REIT Inc4.4Wheeler Real Estate Investment Trust Inc agreed to acquire the Beaver Ruin II Village shopping center of Arcado II LLC, an owner and operator of shopping center, for an estimated $4.4 million.
RTI Global IncGlobal Graphics SE0.3Global Graphics SE (Global) of France, acquired RTI Global Inc, a Sarasota-based software publisher. Concurrently, Global acquired RIPMall Technologies Inc. The two transactions had a combined value of an estimated $0.27 million.
Sky Technologies IncAlbireo Energy LLC Albireo Energy LLC, a unit of Huron Capital Partners LLC, acquired Sky Technologies Inc, a New York-based provider of information technology services.
Western Roofing Supply Co IncAmerican Builders American Builders & Contractors Supply Co Inc acquired Western Roofing Supply Co Inc, a Minneapolis-based manufacturer roofing materials.
Wilson Pet Supply IncAnimal Supply Co LLC Animal Supply Co LLC, a unit of Halifax Group LLC, acquired Wilson Pet Supply Inc, a Hanover Park-based wholesaler of pet supplies.
ReadyForZero IncAvant Credit Corp Avant Credit Corp acquired ReadyForZero Inc, a Los Angeles-based developer of personal finance management software.
Ternian Insurance Group LLCAXIS Accident & Health AXIS Accident & Health, a unit of Axis Capital Holdings Ltd, acquired Ternian Insurance Group LLC, a Phoenix-based direct health and medical insurance carrier.
Evergreen LicensingBG Medical Technologies Inc BG Medical Technologies Inc, a unit of Rightsmile Inc, signed a Letter of Intent {LoI} to acquire Evergreen Licensing, a Los Angeles-based provider of licensing services.
Martinsville Bulletin IncBH Media Group Inc BH Media Group Inc, a unit of Berkshire Hathaway Inc, acquired Martinsville Bulletin Inc, a Martinsville-based provider of newspaper publishing services, from Haskell Newspapers. Terms were not disclosed. The transaction was to include Franklin News-Post.
Paulson & Co Inc-Hotels(3)Blackstone Group LP Blackstone Group LP was rumored to be planning to acquire 3 hotels of Paulson & Co Inc, a New York-based provider of investment management services, in a leveraged buyout transaction. The terms of the transaction were not disclosed, but according to sources close to the transaction, the value was estimated at $1.2 billion. The hotels were comprised of Ritz Carlton and JW Marriott in Orlando, and the JW Marriott in Scottsdale.
LTC Engineering Associates IncCACI International Inc CACI International Inc acquired LTC Engineering Associates Inc, a Lakewood Ranch-based developer of engineering software. Terms were not disclosed.
TecMarket Works LLCCadmus Group Inc Cadmus Group Inc acquired TecMarket Works LLC, an Oregon-based provider of market and evaluation research services.
Sun National Bank-NJ BranchCape Bancorp Inc Cape Bancorp Inc definitively agreed to acquire the Hammonton, New Jersey branch of Vineland-based Sun National Bank, a unit of Sun Bancorp Inc.
BT's Burger JointChanticleer Holdings Inc Chanticleer Holdings Inc definitively agreed to acquire BT's Burger Joint, a Charlotte-based owner and operator of burger joints.
Red Bell Real Estate LLCClayton Holdings LLC Clayton Holdings LLC, a unit of Radian Group Inc, acquired Red Bell Real Estate LLC, a Salt Lake City-based real estate investment firm. The transaction was to include the acquisition of Main Street Valuation LLC. Terms were not disclosed.
Jones & Forrest IncCommon Interest Management Common Interest Management Services acquired Jones & Forrest Inc, a San Jose-based provider of Community Association Management services.
Mortgage Banking Systems IncComplianceEase Inc ComplianceEase Inc, a unit of LogicEase Solutions Inc, acquired Mortgage Banking Systems Inc, a Mclean-based developer of loan document preparation and management software.
Meckler Bulger Tilson Marick &Cozen O'Connor Cozen O'Connor was rumored to be planning to merge with Meckler Bulger Tilson Marick & Pearson LLP, a Chicago-based law office.
Merrill Corp-Legal SolutionsDocument Technologies Inc Document Technologies Inc definitively agreed to acquire the Legal Solutions business of Merrill Corp, a St. Paul-based provider of document and information technology management services. Terms were not disclosed.
Cox Smith Matthews IncDykema Gossett PLLC Dykema Gossett PLLC planned to merge with Cox Smith Matthews Inc, a San Antonio-based provider of legal services.
Andersen EnvironmentalEFI Global Inc EFI Global Inc, a unit of Cunningham Lindsey Group Inc, definitively agreed to acquire Andersen Environmental, a Los Angeles-based provider of environmental due diligence and consulting services.
Pardos Truck Svc Parts WHSE-KeFleetPride Inc FleetPride Inc, a unit of TPG Capital LP, acquired the Kearny store of Pardos Truck Service Parts WHSE Inc, a Kearny-based truck parts services.
SustainX IncGeneral Compression Inc General Compression Inc signed a Letter of Intent {LoI} to merge with SustainX Inc, a Seabrook-based manufacturer of energy storage equipment.
RIPMall Technologies IncGlobal Graphics SE Global Graphics SE (Global) of France, acquired RIPMall Technologies Inc, a Sarasota-based software publisher. Concurrently, Global acquired RTI Global Inc. The two transactions had a combined value of an estimated $0.27 million.
Angels At Home HealthcareGreat Lakes Caring Great Lakes Caring acquired Angels At Home Healthcare, a Newburyport-based provider of home health care services.
AFC Holdings IncIncline Equity Partners Incline Equity Partners acquired AFC Holdings Inc, a Bridgeville-based manufacturer of industrial fasteners, in a leveraged buyout transaction. Terms of the deal were not disclosed.
Nobel Learning Communities IncInvestcorp Bank BSC Investcorp Bank BSC of Bahrain, a unit of Ownership Holdings Ltd, ultimately owned by SIPCO Ltd, agreed to acquire Nobel Learning Communities Inc (Nobel), a West Chester-based school operator, from Leeds Equity Partners LLC, in a secondary buyout transaction. Previously, Leeds Equity Partners LLC acquired Nobel, in a leveraged buyout transaction.
Black Mountain Systems LLCInvestor Group An investor group, comprised of Black Mountain Systems LLC's (Black Mountain) management and Stone Point Capital LLC, acquired Black Mountain, a San Diego-based developer of data and process management solutions software, in a management buyout recapitalization transaction.
Florida Investments CorpIPO SA IPO SA of Poland, a unit of Equimaxx LLC, planned to merge with Florida Investments Corp, a Tampa-based real estate investment company, in a reverse takeover transaction.
Bendon Publishing Intl IncIrving Place Capital Inc Irving Place Capital Inc acquired Bendon Publishing International Inc, an Ashland-based publisher of children's books, from Wicks Group of Cos LLC, in a leveraged buyout transaction. Terms were not disclosed.
JS Held IncLovell Minnick Partners LLC Lovell Minnick Partners LLC acquired an undisclosed majority interest in JS Held Inc, a Roslyn Heights-based provider of construction consulting services, in a leveraged buyout transaction.
DataSongMarketShare Partners LLC MarketShare Partners LLC acquired DataSong, a San Francisco-based developer of analytics software.
Fischer Barr & Wissinger LLCMarks Paneth LLP Marks Paneth LLP acquired Fischer Barr & Wissinger LLC, a Parsippany-based provider of accounting and auditing services.
e-MDs IncMarlin Equity Partners LLC Marlin Equity Partners LLC acquired e-MDs Inc, a Cedar Park-based developer of electronic medical records software, in a leveraged buyout transaction.
Denovo Ventures LLCMC Partners MC Partners acquired an undisclosed majority interest in Denovo Ventures LLC, a Niwot-based provider of application and technology consulting services, in a leveraged buyout transaction. Terms were not disclosed.
International Paper-CarolinaMeadWestvaco Corp MeadWestvaco Corp definitively agreed to acquire the Carolina coated bristols business of International Paper Co, a Memphis-based manufacturer and wholesaler of paper, packaging products, building materials and other products. Terms were not disclosed.
PublicEngines IncMotorola Solutions Inc Motorola Solutions Inc acquired PublicEngines Inc, a Draper-based provider of predictive data analysis services. Terms were not disclosed.
TSI Evolve IncMPS North America LLC MPS North America LLC, a unit of MPS Ltd, ultimately owned by ADI BPO Services Pvt Ltd, acquired TSI Evolve Inc, an Effingham-based provides full-service editorial services.
OnCore Manufacturing Svcs LLCNatel Engineering Co Inc Natel Engineering Co Inc agreed to merge with OnCore Manufacturing Services LLC, a Fremont-based provider of electronics manufacturing services, from Charlesbank Capital Partners LLC.
In Every Language LLCParagon Language Services Paragon Language Services LLC acquired In Every Language LLC, a Louisville-based provider of language translation services.
Morgan Stanley Inc-WentworthPentagon Energy LLC Pentagon Energy LLC was rumored to be planning to acquire the Wentworth compressed natural gas export business of Morgan Stanley Inc, a New York-based bank holding company.
Sound Credit UnionPort of Seattle Federal Credit Port of Seattle Federal Credit Union agreed to merege with Sound Credit Union, a Tacoma-based provider of sales financing services.
Hotcam New York IncProCam Group Ltd ProCam Group Ltd of the UK acquired Hotcam New York Inc, a New York-based provider of consumer goods rental services.
Oasis South Insurance ServicesProtector Holdg LLC Protector Holdings LLC, jointly owned by Edgewood Partners Insurance Center and Dowling Capital Management LLC, ultimately owned by The Carlyle Group LP, acquired Chula Vista-based Oasis South Insurance Services.
Agilent Tech Inc-X RayRigaku Corp Rigaku Corp of Japan agreed to acquire the X ray diffraction business of Agilent Technologies Inc, a Santa Clara-based manufacturer of measuring and testing instruments. Terms were not disclosed.
Japonesque LLCSan Francisco Equity Partners San Francisco Equity Partners acquired an undisclosed majority interest in Japonesque LLC, a San Ramon-based manufacturer of cosmetic products, in a leveraged buyout transaction.
Qbase LLC-Govt Svcs BusSRA International Inc SRA International Inc, a unit of Providence Equity Partners LLC, agreed to acquire the government services business of Qbase LLC, a Reston-based provider of information technology services. Terms were not disclosed.
SunEdison Inc-Solar PowerTerraForm Power Inc TerraForm Power Inc, a unit of SunEdison Inc, acquired solar power plants of SunEdison Inc, a St. Peters-based manufacturer and wholesaler of silicon wafers, in an internal reorganization.
J Jill Group IncTowerBrook Capital Partners LP TowerBrook Capital Partners LP (TowerBrook) definitively agreed to acquire J Jill Group Inc (J Jill), a Tilton-based retailer of women''s apparel, from Arcapita Bank BSC and Golden Gate Capital, in a leveraged buyout transaction. Terms were not disclosed. Originally, TowerBrook was rumored to be planning to acquire J Jill.
Cincinnati Arthritis Assoc IncUC Health LLC UC Health LLC acquired Cincinnati Arthritis Associates Inc, a Cincinnati-based provider of medical and health services. Terms were not disclosed.
Watkins Hardware-HardwareWestlake Hardware Inc Westlake Hardware Inc, a unit of Ace Hardware Corp, acquired four hardware stores of Watkins Hardware & Appliance Inc, a Maryville-based retailer of hardware and outdoor appliances.
Action Exchange IncXaxis Digital Ltd Xaxis Digital Ltd of the UK, a unit of WPP PLC, agreed to acquire Action Exchange Inc, a New York-based developer of mobile advertising software.
US M&A Deals Announced March 29 - April 2, 2015   
Source: Thomson Reuters   

Restructuring