Justin's
Target Acquirer Value ($millions) Synopsis
Anacor Pharmaceuticals Inc Pfizer Inc 5,540.8 Pfizer Inc definitively agreed to acquire the entire share capital of Anacor Pharmaceuticals Inc, a Palo Alto-based biopharmaceutical company, via a tender offer of $99.25 per share or a total of $5.541 billion. The offer is conditional upon at least a majority of Anacor's shares being tendered.
Memorial Resource Development Corp Range Resources Corp 4,351.0 Range Resources Corp definitively agreed to acquire the entire share capital of Memorial Resource Development Corp, a Houston-based natural gas and oil company, from MRD Holdco LLC via a stock swap transaction valued at $4. 351 bil, including the assumption of $1.1 bil in liabilities. Range offered 0.375 common shares per Memorial share. Based on Range's closing stock price of $42.01 on 13 May 2016, the last full trading day prior to the announcement, each Memorial share was valued at $15.754.
LifeStorage LP Sovran Self Storage Inc 1,300.0 Sovran Self Storage Inc agreed to acquire LifeStorage LP, a Roseville-based owner and operator of self storage facilities, for an estimated $1.3 billion in cash.
Terex Corp-Material Handling & Port Solutions Business Konecranes Abp 1,277.0 Konecranes Abp of Finland definitively agreed to acquire the material handling & port solutions business of Terex Corp, a Westport-based manufacturer and wholesaler of construction equipment, for an estimated $1.277 billion. The consideration would consist of $820 million in cash and the issuance of 19.6 million new Konecranes ordinary shares valued at $456.994 million. The shares were valued based on Konecranes' closing stock price of $23.316 on 13 May 2016, the last full trading day prior to the announcement. The transaction is contingent upon the termination of the acquisition of Terex by Zoomlion Heavy Industry Science & Technology Co Ltd.
The Andersons Inc HC2 Holdings Inc 1,043.5 HC2 Holdings Inc plans to launch an unsolicited offer to acquire the entire share capital of The Andersons Inc, a Maumee-based diversified agribusiness and retailing firm, for $37 per share, or a total of $1.044 billion.
inContact Inc NICE Systems Ltd 887.7 NICE Systems Ltd of Israel definitively agreed to acquire the entire share capital of inContact Inc, a Sandy-based provider of call center solutions services, for $14 per share or a total of $887.723 million in cash.
Great Plains Manufacturing Inc Kubota USA Inc 430.0 Kubota USA Inc, a unit of Kubota Corp, agreed to acquire the entire share capital of Great Plains Manufacturing Inc, a Salina-based manufacturer and wholesaler of farm machinery and equipment, for an estimated $430 million.
High Ridge Brands Co Clayton Dubilier & Rice LLC 415.0 Clayton Dubilier & Rice LLC agreed to acquire High Ridge Brands Co, a Stamford-based manufacturer of shampoos and conditioners, for an estimated $415 million in cash via a leveraged buyout transaction. The seller is Brynwood Partners VI LP, ultimately owned by Brynwood Partners LP.
Market Common Clarendon,Arlington,Virginia Investor Group 406.0 An investor group, comprised of AvalonBay Communities Inc and Regency Centers Corp acquired Market Common Clarendon, an Arlington-based owner and operator of apartment homes and retail space, for $406 million from Teachers Insurance & Annuity Association College Retirement Equities Fund.
TowerCo LLC-Communications Towers Portfolio Grain Infrastructure Fund II LP 244.0 Grain Infrastructure Fund II LP acquired the communication tower portfolio of TowerCo LLC, a Cary-based provider of wireless communication tower development, leasing and management services, for $244 million via a leveraged buyout transaction.
Herndon Aerospace & Defense LLC KLX Inc 210.0 KLX Inc paid $210 million to acquire Herndon Aerospace & Defense LLC, an O'Fallon-based manufacturer of search, detection, navigation, guidance, aeronautical and nautical systems and instruments.
Armed Forces Services Corp Magellan Health Inc 127.5 Magellan Health Inc agreed to acquire the entire share capital of Armed Forces Services Corp, an Arlington-based provider and manager of behavioral health and specialty services, for an estimated $127.5 million. The consideration would consist of an estimated $117.5 million in cash and up to $10 million in profit-related payments.
Mblox Inc CLX Communications AB 117.0 CLX Communications AB of Sweden definitively agreed to acquire Mblox Inc, an Atlanta-based developer of cloud-based mobile messaging software, for $117 million in cash.
WaferGen Bio-systems Inc Takara Bio USA Holdings Inc 50.0 Takara Bio USA Holdings Inc, a unit of Takara Bio Inc of Japan, agreed to merge with WaferGen Bio-systems Inc, a Fremont-based biotechnology firm, for an estimated $50 million in cash.
FreedomVoice GoDaddy Inc 47.0 GoDaddy Inc agreed to acquire FreedomVoice, an Encinitas-based provider of toll free voice mail services, for $47 million. The consideration would consist of $42 million in cash and up to $5 million in profit-related payments.
Holiday Inn Express Walnut Creek Holiday Garden WC Corp 33.3 Taiwan's Hotel Holiday Garden subsidiary Holiday Garden WC Corp plans to acquire the entire share capital of Holiday Inn Express Walnut Creek, a hotel operator, from CRP BAHP Walnut Creek LLC for $33.3 million.
WDTV Gray Television Inc 26.5 Gray Television Inc agreed to acquire WDTV, a Bridgeport-based television broadcaster, from Withers Broadcasting Co. Concurrently, Gray agreed to acquire WVFX. Both transactions have a combined value of $26.5 million.
Advanced Software Concepts Inc Mediagrif Interactive Technologies Inc 18.5 Mediagrif Interactive Technologies Inc of Canada definitively agreed to acquire Advanced Software Concepts Inc, a New York-based developer of contract lifecycle management software, for $18.5 million in cash.
Nanosphere Inc Luminex Corp 18.3 Luminex Corp definitively agreed to acquire the entire share capital of Nanosphere Inc, a Northbrook-based biotechnology manufacturing company, for $1.35 per share or a total of $18.285 million in cash, via a tender offer. The offer is conditional upon atleast a majority of Nanosphere Inc's shares being tendered.
Towne Place at Greenbrier Lingerfelt Cos 15.6 Lingerfelt Cos, a unit of Liberty Property Trust, acquired Towne Place at Greenbrier, a Chesapeake-based owner and operator of shopping center, for $15.55 million.
United National Specialty Insurance Company State National Insurance Co Inc 7.4 State National Insurance Co Inc, a unit of State National Co Inc, plans to acquire United National Specialty Insurance Company, a Bala Cynwyd-based insurance agency, from Diamond State Group for $7.35 mil.
Shopety Inc Inteliquent Inc 4.4 Inteliquent Inc paid $4.4 million to acquire Shopety Inc, doing business as Better Voice, an Austin-based developer of communications software and next generation switching technologies. The consideration consisted of $3.65 million and up to $0.750 in profit-related payments.
Holiday Garden WC Corp Holiday Garden US Corp 2.5 Hotel Holiday Garden's subsidiary Holiday Garden US Corp acquired the entire share capital of Holiday Garden WC Corp, a hotel operator, for $2.5 million.
CMC Industries Inc CMC Acquisition LLC 1.5 CMC Acquisition LLC, a unit of Kingsway Financial ServicesInc, plans to pay $1.5 million to acquire an 81% interest in CMC Industries Inc, a Dayton-based real estate development firm.
Oliver Street Dermatology Holdings LLC ABRY Partners LLC   ABRY Partners LLC plans to acquire an undisclosed majority interest in Oliver Street Dermatology Holdings LLC, a Boston-based physician's office operator, via a leveraged buyout transaction.
AC&A LLC AE Industrial Partners LLC   AE Industrial Partners LLC acquired AC&A LLC, a Lake Forest-based manufacturer of power boilers and heat exchangers, via a leveraged buyout transaction.
AdPay Inc Ancestry.com   Ancestry.com, a unit of Generations Network Inc, plans to merge with AdPay Inc, an Englewood-based internet service provider.
Hogan Insurance Services Inc Arthur J Gallagher & Co   Arthur J Gallagher & Co acquired Hogan Insurance Services Inc, a Thousand Oaks-based direct property and casualty insurance carrier.
McNeary Inc Arthur J Gallagher & Co   Arthur J Gallagher & Co acquired McNeary Inc, a Charlotte-based provider of sales financing services.
Monsanto Co Bayer AG   Bayer AG of Germany plans to acquire the entire share capital of Monsanto Co, a St. Louis-based manufacturer and wholesaler of agricultural products, via an unsolicited offer. Originally, Bayer was rumored to be planning to acquire the entire share capital of Monsanto. Terms were not disclosed, but according to sources close to the matter, the deal is estimated to be valued at $40 billion.
eLynx Ltd Black Knight Financial Services Inc   Black Knight Financial Services Inc, a unit of Fidelity National Financial Inc, acquired eLynx Ltd, a Cincinnati-based software publisher, from American Capital StrategiesLtd, ultimately owned by American Capital Ltd.
Morstan General Agency Inc Brown & Brown Inc   Brown & Brown Inc plans to acquire Morstan General Agency Inc, a Manhasset-based provider of wholesale insurance services, from AmWINS Group Inc, a unit of New Mountain Capital LLC.
Knetik Inc Cima Group Inc   Cima Group Inc planned to acquire Knetik Inc, an Altamonte Springs-based software publisher.
Homescout Realty Coldwell Banker Residential Brokerage LLC   Coldwell Banker Residential Brokerage LLC, a unit of NRT LLC, acquired Homescout Realty, a Chicago-based lessor of residential buildings and dwellings.
BreitBurn Energy Partners LP Creditors   BreitBurn Energy Partners LP, a Los Angeles-based provider of an oil and gas exploration and production services, is planning a debt restructuring transaction with creditors. Creditors would receive common shares in exchange for outstanding debt. Upon completion of the deal, creditors would hold an undisclosed interest in the restructured BreitBurn Energy. The book value of the existing debt that will be exchanged stands at $2.783 billion.
Family Health Care Of Central Florida DaVita HealthCare Partners Inc   DaVita HealthCare Partners Inc definitively agreed to acquire Family Health Care of Central Florida, a Kissimmee-based provider of health care services. Terms were not disclosed.
Decisif Consulting Inc DayNine Consulting Inc   DayNine Consulting Inc acquired Decisif Consulting Inc, a San Ramon-based provider of consulting and outsourcing solutions services.
Corporate Health Systems Inc Digital Benefit Advisors Inc   Digital Benefit Advisors Inc, a unit of Digital Insurance Inc, acquired Corporate Health Systems Inc, an Eden Prairie-based physician's office operator.
Whitepath Fab Tech Inc Electrical Components International Inc   Electrical ComponentsInternational Inc, a unit of KPS Capital Partners LP, agreed to acquire Whitepath Fab Tech Inc, an Ellijay-based manufacturer of communication and energy wires.
WATERSHED INVESTMENT CONSULTANTS INC Ellwood Associates   Ellwood Associates planned to acquire WATERSHED INVESTMENT CONSULTANTS INC, a Greenwood Village-based provider of financial investment services.
Social Science Research Network Elsevier BV   Elsevier BV of Netherlands, a unit of Reed Elsevier Group PLC, acquired Social Science Research Network, a Rocheste-based provider of social sciences research and development services, from Social Science Electronic Publishing Inc.
OVGuide.com Inc FOTV Media Networks Inc   FOTV Media Networks Inc acquired OVGuide. com Inc, a Beverly Hills-based internet service provider.
Whiteford Pharmacy Inc Generational Equity LLC   AUSTRALIA - Whiteford Pharmacy Inc of the US acquired Darlington Pharmacy, a Darlington-based manufacturer of pharmaceutical preparation.
Accruent LLC Genstar Capital LLC   Genstar Capital LLC acquired Accruent LLC, an Austin-based software publisher, from TA Associates Management LP via a leveraged buyout transaction.
The Safety Zone LLC Genuine Parts Co   Genuine Parts Co plans to acquire The Safety Zone LLC, a Guilford-based manufacturer of biological products.
Langley Wire Cloth Products Inc Gerard Daniel & Co   Gerard Daniel & Co acquired Langley Wire Cloth Products Inc, a Collierville-based manufacturer of semiconductors and related device.
Blast-Off Brands Gordon Brothers Group LLC   Gordon Brothers Group LLC acquired Blast-Off Brands, a Los Angeles-based advertising agency.
WVFX Gray Television Inc   Gray Television Inc agreed to acquire WVFX, a Bridgeport-based television broadcaster, from Withers Broadcasting Co. Concurrently, Gray agreed to acquire WDTV. Both transactions have a combined value of $26.5 million.
Day Boat Seafood LLC Green Polkadot Box Inc   Green Polkadot Box Inc plans to acquire Day Boat Seafood LLC, a Lake Park-based wholesaler of seafood caught in the wild.
Lattice Strategies LLC Hartford Funds   Hartford Funds, a unit of Hartford Life Inc (Hartford Financial Services Group), plans to acquire Lattice Strategies LLC, a San Francisco-based insurance fund.
Creekridge Capital LLC Hitachi Capital America Corp   Hitachi Capital America Corp, a unit of Hitachi Capital Corp, plans to acquire Creekridge Capital LLC, an Edina-based provider of financial investment services.
Berkshire Hathaway HomeServices Inc HomeServices of America Inc   HomeServices of America Inc, a unit of Berkshire Hathaway Inc, acquired Berkshire Hathaway HomeServices Inc, a Houston-based real estate agency, from HSF Affiliates LLC, jointly owned by Brookfield Asset Management Inc and Berkshire Hathaway Inc. Terms were not disclosed.
Justins LLC Hormel Foods Corp   Hormel Foods Corp plans to acquire Justins LLC, a Boulder-based producer and wholesaler of nut butter-based snacks.
Pacific Handy Cutter Inc Investor Group   An investor group, comprised of Levine Leichtman Capital Partners and the management of Pacific Handy Cutter Inc (PHC), acquired PHC, an Irvine-based manufacturer and wholesaler of specialized cutting tools and replacement blades, via a leveraged buyout transaction.
Planet Logic ITelagen LLC   ITelagen LLC plans to acquire Planet Logic, a software publisher.
Copain Wines Jackson Family Wines Inc   Jackson Family Wines Inc, a unit of Kendall-Jackson Wines, plans to acquire Copain Wines, a Healdsburg-based alcoholic beverages merchant wholesaler.
Harry K Moore Co Jones Lang LaSalle Inc   Jones Lang LaSalle Inc acquired Harry K Moore Co, a Louisville-based real estate agency. Terms were not disclosed.
Batteryfly Energy Ltd Life Clips Inc   Life Clips Inc plans to acquire Batteryfly Energy Ltd, a manufacturer of storage batteries.
Vizient LLC Lincoln Electric Holdings Inc   Lincoln Electric Holdings Inc acquired Vizient LLC, a Bettendorf-based provider of robotic integrated solutions. Terms were not disclosed.
Outland Consultants LLC Lockton Cos LLC   Lockton Cos LLC acquired Outland Consultants LLC, a Glastonbury-based provider of employee benefit assessment and management consulting services.
Datalytics Technologies Llc Magnitude Software   Magnitude Software acquired Datalytics Technologies Llc, a Cheshirep-based software publisher.
ColSpace Corp MediaOcean LLC   MediaOcean LLC acquired ColSpace Corp, a software publisher.
Dulce Vida Spirits Milestone Brands LLC   Milestone Brands LLC acquired Dulce Vida Spirits, an Austin-based winery.
The Market at Victory Village,Murfreesboro,Tennessee New Market Properties LLC   New Market Properties LLC, a unit of Preferred Apartment Communities Inc, acquired The Market at Victory Village, a Murfreesboro-based owner and operator of a grocery-anchored retail shopping center.
Nashua Anesthesia Partners Group North American Partners in Anesthesia LLP   North American Partners in Anesthesia LLP acquired Nashua Anesthesia Partners Group, a Nashua-based provider of ambulatory health care services.
Reach Technology Inc Novanta Inc   Novanta Inc agreed to acquire Reach Technology Inc, a Fremont-based manufacturer of touch screen displays.
Dade Moeller & Associates Inc NV5 Global Inc   NV5 Global Inc definitively agreed to acquire Dade Moeller & Associates Inc, a Richland-based government administration establishment for air and water resource and solid waste management.
LogicMark Llc NXT-ID Inc   NXT-ID Inc agreed to acquire the entire share capital of LogicMark Llc, a Louisville-based physician's office operator.
Apache Corp Occidental Petroleum Corp   Occidental Petroleum Corp is rumored to be planning to acquire the entire share capital of Apache Corp, a Houston-based producer of crude petroleum and natural gas. Terms were not disclosed, but according to sources close to the matter, the deal is estimated to be valued at $25 billion.
Rabin Martin Omnicom Group Inc   Omnicom Group Inc acquired Rabin Martin, a New York-based provider of marketing consulting services.
AssetEye Inc RealPage Inc   RealPage Inc acquired AssetEye Inc, a provider of custom computer programming services. Terms were not disclosed, but according to sources close to the matter, the deal is estimated to be valued at $4.8 million.
Cambridge International Holdings Corp Rexnord Corp   Rexnord Corp, a unit of Apollo Global Management LLC, plans to acquire Cambridge International Holdings Corp, a San Francisco-based investment bank.
John C Nordt Co Richline Group Inc   Richline Group Inc, a unit of Berkshire Hathaway Inc, plans to acquire John C Nordt Co, a Roanoke-based jewelry maker.
Brookfield Investment Management Inc-Securitized Credit Business Schroders PLC   Schroders PLC of the UK plans to acquire the securitized credit business of Brookfield Investment Management Inc, a New York-based provider of financial services. Terms were not disclosed.
MutualMind Inc Shapiro Raj LLC   Shapiro Raj LLC acquired MutualMind Inc, a Plano-based provider of advertising material distribution services.
RockPile Energy Services LLC Shareholders   Triangle Petroleum Corp plans to spin off RockPile Energy Services LLC, a Denver-based provider of oil and gas drilling services, to its shareholders.
Bengal Pipeline Co LLC Shell Midstream Partners LP   Shell Midstream Partners LP, a unit of Shell Pipeline Co LP, agreed to raise its stake from 49% to 50% in Bengal Pipeline Co LLC, an Alpharetta-based provider of pipeline transportation services of crude oil. Concurrently, Shell Midstream agreed to raise its stake from 62.5% to 92.5% in Zydeco Pipeline Co LLC. Both transactions have a combined value of $700 million.
Citizens National Bancorp Inc Simmons First National Corp   Simmons First National Corp in Pine Bluff, Arkansas plans to acquire Citizens National Bancorp Inc, a Putnam-based commercial bank, from ESB Bancorp Inc in Easthampton, Massachusetts. Terms were not disclosed, but according to sources close to the matter, the deal is estimated to be valued at $77 million.
VerbalizeIt Smartling Inc   Smartling Inc acquired New York-based VerbalizeIt, a provider of human powered translation services.
Technology Solutions Group Inc Soaring Pine Capital Growth Fund I   Soaring Pine Capital Growth Fund I acquired Technology Solutions Group Inc, a Chicago-based provider of employee leasing services.
Strong Tower Communication LLC Squan Construction Services LLC   Squan Construction Services LLC acquired Strong Tower Communication LLC, an Acworth-based wireless telecommunications carrier.
Microgrid Resources Coalition The International District Energy Association   The International District Energy Association acquired Microgrid Resources Coalition, a government administration establishment that provides power when the grid is down and energy savings when the grid is operating.
Follett Corp The Middleby Corp   The Middleby Corp acquired Follett Corp, an Easton-based manufacturer of household refrigerators.
Caba Inc The Plexus Groupe LLC   The Plexus Groupe LLC acquired Caba Inc, an Oklahoma City-based provider of human resources consulting services.
TruCom LLC TPT Global Tech   TPT Global Tech acquired TruCom LLC, a Gilbert-based manufacturer of fiber optic cables.
Lagniappe Pharmacy Services LLC Transaction Data Systems Inc   Transaction Data Systems Inc acquired Lagniappe Pharmacy Services LLC, a software publisher.
Prosperent Inc VigLink Inc   VigLink Inc acquired Prosperent Inc, a Denver-based provider of marketing consulting services.
US M&A Deals Announced May 13 to May 19, 2016      
Source: Thomson Reuters      

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