Target Acquirer Value ($millions) Synopsis
EHHI Holdings Inc HealthSouth Corp 750.0 HealthSouth Corp definitively agreed to acquire the entire share capital of EHHI Holdings Inc, a Dallas-based owner and operator of home health and hospice centers, from Cressey & Co LP in exchange for an estimated750 million in common shares.
Center Building,Long Island,NY Vornado Realty Trust 142.0 Vornado Realty Trust agreed to acquire Center Building, a Long Island-based office building, for an estimated142 mil, including the assumption of62 million in liabilities.
Tres Palacios Gas Storage LLC Tres Palacios Holdings LLC 130.0 Tres Palacios Holdings LLC, jointly-owned by Crestwood Midstream Partners LP and Brookfield Infrastructure Partners LP, definitively agreed to acquire the entire share capital of Tres Palacios Gas Storage LLC, a Westport-based provider of gas storage services, from Crestwood Equity Partners LP for130 million in cash.
Henderson Products Inc Douglas Dynamics Inc 95.0 Douglas Dynamics Inc definitively agreed to acquire Henderson Products Inc, a Manchester-based manufacturer of customized, turnkey snow and ice control equipment solutions for heavy duty trucks, for95 million in cash.
Attila Resources US LLC Magni Resources LLC 55.3 Magni Resources LLC agreed to acquire a 70% interest in Attila Resources US LLC, a coal mining company, from Attila Resources Ltd for55.3 million in cash.
Specialty Pipe & Tube Inc Synalloy Corp 36.5 Synalloy Corp acquired Specialty Pipe & Tube Inc, a Mineral Ridge-based distributor of large diameter, heavy wall steel pipe and tubing, for36.5 million. The consideration offered consisted of31.5 million in cash and up to5 million in profit-related payments.
Owners Advantage LLC Altisource Portfolio Solutions 27.0 Altisource Portfolio Solutions SA of Luxembourg acquired Owners Advantage LLC, a San Francisco-based provider of online real estate marketplace services, for27 million. The consideration offered consisted of20 million in cash and up to7 million in profit-related payments.
Ener-Tek International Inc OM Group Inc 24.0 OM Group Inc acquired Ener-Tek International Inc, a Pawcatuck-based developer and manufacturer of high-performance lithium-ion and silver-zinc cells and batteries, for24 million.
Pac Rim Bk,Honolulu,Hawaii First Foundation Inc 11.8 First Foundation Inc definitively agreed to acquire the entire share capital of Honolulu-based Pacific Rim Bank for11. 8 million.
Action Products Marketing Corp Investor Group 3.2 An investor group comprised of JZ Capital Partners Ltd of Guernsey and Edgewater Funds, a unit of Lazard Ltd, acquired Action Products Marketing Corp, a Johnston-based provider of infrastructure rehabilitation services, in a leveraged buyout transaction for3.2 million. Concurrently, the investor group acquired PPM Information Solutions Inc for2.62 million in a leveraged buyout transaction.
Midwest Loan Services Inc University Bancorp Inc 3.2 University Bancorp Inc was granted an option to acquire the remaining 20% stake which it did not own in Midwest Loan Services Inc, a Houghton-based provider of mortgage services, for3.172 million. The consideration offered was to consist of0.521 million in cash, the issuance of 0.309 million common shares valued at2.221 million and up to0.430 million in profit-related payments. The shares were valued based on University Bancorp's closing stock price of7.18 on 21 November 2014, the last full trading day prior to the announcement.
PPM Information Solutions Inc Investor Group 2.6 An investor group comprised of JZ Capital Partners Ltd of Guernsey and Edgewater Funds, a unit of Lazard Ltd, acquired PPM Information Solutions Inc, a Mission-based developer of medical billing software and a service provider, for2.62 million. Concurrently, the investor group acquired Action Products Marketing Corp for3.2 million.
CorePointe Insurance Co AmTrust Financial Services Inc   AmTrust Financial Services Inc definitively agreed to acquire CorePointe Insurance Co, a Brimingham-based insurance agency, from CorePointe Group LLC.
Canadian Solar Inc-Solar Plant Dominion Resources Inc   Dominion Resources Inc acquired the Canadian Solar Inc, Toronto-based a manufacturer and wholesaler of semiconductors, solar modules and solar applications.
Signature Office REIT Inc Griffin Capital Essential   Griffin Capital Essential Asset REIT Inc, a unit of Griffin Capital Corp, definitively agreed to merge with Signature Office REIT Inc, a Norcross-based real estate investment trust.
Quintic Corp-Certain Assets NXP Semiconductors NV   NXP Semiconductors NV of Netherlands definitively agreed to acquire certain assets and the IP-related Wearable and Bluetooth Low Energy IC business of Quintic Corp, a Sunnyvale-based manufacturer of radio and TV broadcasting and communications equipment.
Edward Kraemer & Sons Inc Obayashi Corp   Obayashi Corp of Japan acquired an undisclosed majority interest in Edward Kraemer & Sons Inc, a Plain, Wisconsin-based constructor of bridges. Terms are not disclosed.
Merchant Capital LLC Stifel Financial Corp   Stifel Financial Corp agreed to acquire Merchant Capital LLC, a Montgomery- based investment and merchant banking company. Terms were not disclosed.
Packnet Ltd Universal Forest Products Inc   Universal Forest Products Inc acquired Packnet Ltd, an Eagan-based provider of basic shipping and crating services.
US M&A Deals Announced November 23 - November 26, 2014      
Source: Thomson Reuters      

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