| Target | Acquirer | Value ($millions) | Synopsis |
|---|
| Nuveen Investments Inc | TIAA-CREF Individual & Institutional Services LLC | 6,250.0 | TIAA-CREF Individual & Institutional Services LLC agreed to acquire Nuveen Investments Inc, a Chicago-based provider of investment management services from Madison Dearborn Partners LLC (58.96%), Pamlico Capital LLC (3.44%), US Bancorp (9.25%), Partners Group Holding AG (9. 25%) and other shareholders (80.95), for $6.25 bil, including the assumption of undisclosed amount in liabilities. |
| Motorola Solutions Inc-Enterprise Business | Zebra Technologies Corp | 3,450.0 | Zebra Technologies Corp definitely agreed to acquire the enterprise business of Motorola Solutions Inc, a Schaumburg-based manufacturer of integrated communication and embedded electronic products, for $3.45 billion in cash. The transaction was to include iDen product line. |
| Michael Foods Inc | Post Holdings Inc | 2,450.0 | Post Holdings Inc agreed to acquire Michael Foods Inc, a Minnetonka-based producer and wholesaler of eggs, from GS Capital Partners LP, a unit of Goldman Sachs Group Inc's Goldman Sachs & Co subsidiary, for $2.45 billion. Originally, in December 2013, GS Capital Partners LP was rumored to be seeking a buyer for Michael Foods Inc. |
| Air Distribution Technologies Inc | Johnson Controls Inc | 1,600.0 | Johnson Controls Inc definitively agreed to acquire Air Distribution Technologies Inc, a Richardson-based manufacturer and wholesaler of air distribution and ventilation products, from Canada Pension Plan Investment Board, for an estimated $1.6 billion. |
| Maker Studios Inc | Relativity Media LLC | 900.0 | Relativity Media LLC planned to launch an unsolicited challenging offer to acquire the entire share capital of Maker Studios Inc (Maker), a Marina Del Rey-based provider of digital content production and distribution services, for $900 million. The consideration was to consist of $500 million in Relativity shares and up to $400 million in profit related payments. Previously, Walt Disney Co agreed to acquire Maker. |
| Progressive Finance Holding LLC | Aaron's Inc | 700.0 | Aaron's Inc acquired Progressive Finance Holding LLC, a Draper-based provider of web-based lease-to-own financing services, from Summit Partners LP, for an estimated $700 million in cash. |
| Osmose Inc | Koppers Inc | 460.0 | Koppers Inc, a wholly- owned unit of Koppers Holdings Inc, agreed to acquire Osmose Inc, a Griffin-based manufacturer of wood preservation chemicals and wood treatment technologies, from Osmose Holdings Inc, a unit of Oaktree Capital Management LP (Oaktree). Concurrently, Koppers Inc agreed to acquire Osmose Railroad Services Inc. The two transactions have a combined value of an estimated $460 million. Originally, in February 2014, Oaktree was rumored to be seeking a buyer for its Osmose Holdings Inc unit. |
| Education Lending Services Inc | Nelnet Finance Corp | 127.1 | Nelnet Finance Corp, a unit of Nelnet Inc, agreed to acquire the entire share capital of Education Lending Services Inc, a provider of education financing services, from Student Loan Xpress Inc (Xpress), a unit of CIT Group Inc, for $127.123 million. Concurrently, Nelnet agreed to acquire the student loans of Xpress, CIT Education Loan Trust 2012-1 and CIT Education Loan Trust 2011-1. |
| California Stem Cell Inc | NeoStem Inc | 124.1 | NeoStem Inc definitively agreed to acquire the entire share capital of California Stem Cell Inc, an Irvine-based stem cell biotechnology company, for an estimated $124.109 million. The consideration was to consist of $90 million in profit- related payments and the issuance of 5.330 million NeoStem common shares, valued at $34.109 million. The shares were valued based on NeoStem's closing stock price of $6. 4 on 11 April 2014, the last full trading day prior to the announcement. |
| Republic Cos Group Inc | Investor Group | 121.0 | An investor group agreed to acquire a 55% interest in Republic Cos Group Inc, a Dallas-based insurance agency, for $121 mil, from Delek Group Ltd. The consideration was to consist of $60.5 million in cash and the assumption of $60.5 million in debt. Concurrently, the investor group was granted an option to acquire the remaining 45% stake in Republic Cos Group Inc, Originally, in 10 April 2014, Delek Group Ltd announced that it was rumored to be seeking a buyer for its Republic Cos Group Inc unit. |
| Republic Cos Group Inc | Investor Group | 99.0 | An investor group was granted an option to acquire the remaining 45% stake in Republic Cos Group Inc, a Dallas-based insurance agency, for $121 mil, from Delek Group Ltd, for $99 million. Concurrently, the investor group agreed to acquire a 55% interest in Republic Cos Group Inc. |
| StreetLinks LLC | Assurant Inc | 60.0 | Assurant Inc acquired Streetlinks LLC, an Indianapolis-based provider of appraisal services, from Novation Cos Inc, for an estimated $60 million cash and an undisclosed amount in profit-related payments. |
| Fedfirst Financial Corp | CB Financial Services Inc | 53.0 | CB Financial Services Inc definitively agreed to acquire the entire share capital of FedFirst Financial Corp, a Monessen-based savings and loan bank holding company, in a stock swap transaction valued at $53. 015 million. CB Financial Services Inc offered 1.159 shares per FedFirst Financial Corp share. Based on CB Financial Services Inc's closing stock price of $19. 75 on 11 April 2014, the last full trading day prior to the announcement, the shares were valued at $22.89. |
| SP III Senior Care Portfolio | HealthLease Properties Real Estate Investment Trust | 49.4 | HealthLease Properties Real Estate Investment Trust of Canada, acquired SP III Senior Care Portfolio of Smith/Packett Med-Com LLC, a Roanoke-based real estate investment firm, for $49.4 million. |
| Draco Resources Inc | Armco Metals Holdings Inc | 46.0 | Armco Metals Holdings Inc agreed to acquire the entire share capital of Draco Resources Inc, a Foster City-based iron ore, coal, and chromium mining company, in exchange for the issuance of $46 million in Armco common shares, in a stock swap reverse takeover transaction. Upon completion, Armco and Draco shareholders were to own 27.2% and 78.2% of the merged entity, respectively. |
| Louisville Property | WPT Industrial Real Estate Investment Trust | 45.4 | WPT Industrial Real Estate Investment Trust agreed to acquire Louisville Property, a Shepherdsville-based owner and operator of office buildings for $45.4 million in cash. |
| Andover Place,Massachusetts | Mack-Cali Realty Corp | 37.7 | Mack-Cali Realty Corp acquired Andover Place, an Andover-based apartment building, for $37.7 million in cash. |
| DORA Holdings Inc | Boyd Group Income Fund | 32.5 | Boyd Group Income Fund of Canada acquired DORA Holdings Inc, a Joliet-based provider of automotive transportation and contract services, for an estimated $32.5 million. |
| Mansfield Pointe Shopping Center | Inland Real Estate Income Inc | 28.4 | Inland Real Estate Income Trust Inc acquired Mansfield Pointe Shopping Center, a Mansfield-based shopping center, for an estimated $28.4 million in cash. |
| Rockport National Bancorp Inc | Institution For Savings Inc | 28.3 | Institution For Savings Inc agreed to acquire the entire share capital of Rockport National Bancorp Inc, a Rockport-based bank holding company, for an estimated $28.3 million in cash. |
| United Centrifuge USA LLC | Aly Energy Services Inc | 25.0 | Aly Energy Services Inc acquired United Centrifuge USA LLC (United Centrifuge), a Celina-based manufacturer of oil and gas field machinery and equipment, for $25 million. On completion, United Centrifuge was renamed as Aly Centrifuge Inc. |
| Concord Hospitality-SpringHill Suites | Black Sapphire C Columbus University 2014 Inc | 24.4 | Black Sapphire C Columbus University 2014 Inc acquired the SpringHill Suites of Concord Hospitality Enterprises Co, a Raleigh-based owner and operator of hotels, for $24.4 million. |
| Commerce Corner,Logan Township | RREEF Property Trust Inc | 19.8 | RREEF Property Trust Inc, a wholly owned unit of RREEF America LLC subsidiary Deutsche Bank AG's Deutsche Asset Management GMBH unit acquired Commerce Corner, a Logan Township-based provider of warehouse and distribution services, for $19.75 million. |
| KCI Investments LLC | Dixie Foods International Inc | 12.1 | Dixie Foods International Inc definitively agreed to acquire the entire share capital of KCI Investments LLC, a Las Vegas-based owner and operator of restaurants, in exchange for 34.4509 million Dixie new common shares valued at $12.078 million in a stock swap transaction. The shares were valued based on Dixie's closing stock price of $0.35 on 11 April 2014, the last full trading day prior to the announcement. |
| BGI Inc | Mesa Laboratories Inc | 9.9 | Mesa Laboratories Inc acquired BGI Inc, a Waltham-based manufacturer of particulate air sampling equipments, for $9.9 million in cash. The transaction was to include BGI Instruments Inc. |
| FeedMagnet Inc | Bazaarvoice Inc | 9.0 | Bazaarvoice Inc acquired FeedMagnet Inc, an Austin-based provider of social content generation services, for $9 million in cash. |
| Heritage Labs International LLC | Clinical Reference Laboratory Inc | 3.7 | Clinical Reference Laboratory Inc agreed to acquire Heritage Labs International LLC, an Olathe-based provider of laboratory testing and data analysis services, from Hooper Holmes Inc, for $3.7 million. The transaction was to include Hooper Holmes Services. |
| Warrior Forum | Freelancer Ltd | 3.2 | Freelancer Ltd of Australia, acquired Warrior Forum, a Los Angeles-based provider of online forum services, for $3.2 million. |
| Metapress | Atypon Systems Inc | | Atypon Systems Inc acquired Metapress, a Birmingham-based provider of e-publishing services, from EBSCO Industries Inc. |
| VeroLube Inc | Aumento Capital IV Corp | | Aumento Capital IV Corp of Canada agreed to acquire the entire share capital of VeroLube Inc, a Plano-based manufacturer of hydrocarbon products, via scheme of arrangement. |
| Commercial Texas LLC | Avison Young (Canada) Inc | | Avison Young (Canada) Inc of Canada acquired Commercial Texas LLC, an Austin-based provider of commercial real estate services. |
| Keating Investments LLC | BDCA Adviser LLC | | BDCA Adviser LLC, a unit of AR Capital LLC, agreed to acquire the entire share capital of Keating Investments LLC, a Greenwood Village-based provider of investment advisory services. |
| Gold Star Food Service Inc | Castle Harlan Partners V LP | | Castle Harlan Partners V, a unit of Castle Harlan Inc, acquired Gold Star Foods Inc, an Ontario-based distributor of school nutritional foods, from Prospect Partners LLC. |
| Synchrogenix Information Strategies Inc | Certara LP | | Certara LP, a unit of Arsenal Capital Partners LP, acquired Synchrogenix Information Strategies Inc, a Wilmington-based provider of regulatory writing services. |
| River Country Cooperative | CHS Inc | | CHS INC planned to merge with River Country Cooperative, a South St. Paul-based provider of petroleum products. |
| Horror Entertainment LLC | Comcast Corp | | Comcast Corp acquired the remaining 69%, which it did not already own in Horror Entertainment LLC, a joint venture between Comcast Corp, Sony Pictures Television and Lionsgate Entertainment, a Philadelphia-based owner and operator of a television station. On completion, Horror Entertainment LLC will be merged with Comcasts NBC Universal Cable Entertainment division. |
| YMCA of Metropolitan Milwaukee Inc | Creditors | | YMCA of Metropolitan Milwaukee Inc, a Milwaukee-based provider of health and physical fitness services, planned to a debt restructuring transaction with Creditors. The book value of the existing debt that will be exchanged under the terms of the offer is $30 million. |
| Momentive Performance Materials Inc | Creditors | | Momentive Performance Materials Inc, a Albany-based manufacturer of silicones and products derived from quartz, a unit of Apollo Management LP, planned to a debt restructuring transaction with Creditors. The book value of the existing debt that will be exchanged under the terms of the offer is $3.257 billion. |
| Caldwell Travel Inc | Direct Travel Inc | | Direct Travel Inc acquired Caldwell Travel Inc, Brentwood-based provider of corporate travel management services. |
| Travel Destinations Management Group Inc | Direct Travel Inc | | Direct Travel Inc acquired Travel Destinations Management Group Inc, an Owings Mills-based travel management company. Terms of the transaction were not disclosed. |
| Project Planning & Delivery Inc | DPS Engineering & Construction Ltd | | DPS Engineering & Construction Ltd of Ireland acquired Project Planning & Delivery Inc, a Durham-based provider of engineering consulting services. Terms were not disclosed. |
| Diversified Oil Field Services Inc | EnerMech Ltd | | EnerMech Ltd of the UK acquired Diversified Oil Field Services Inc, a Slidell-based provider oil and gas field services. |
| Occasional Car LLC | Enterprise Holdings Inc | | Enterprise Holdings Inc acquired Occasional Car LLC, a Evergreen-based provider of car rental services. Terms were not disclosed. |
| Credit Management Solutions Inc | Fidelity National Information Services Inc | | Fidelity National Information Services Inc acquired Credit Management Solutions Inc, a Columbia-based developer of credit automation software. Terms were not disclosed. |
| Titan Aerospace | Google Inc | | Google Inc acquired Titan Aerospace, a Moriarty-based manufacturer of solar- powered drones. Terms of the deal were not disclosed. |
| Nixon State Bank | Heritage Bank,Pearland,Texas | | Heritage Bank,Pearland, Texas, a unit of Heritage Bancorp,Laurens,SC, subsidiary of National Commerce Financial Corp's Southbanc Shares Inc (National Commerce Financial Corp was a unit of Suntrust Banks Inc), agreed to merge with Nixon State Bank, an independent community bank. Terms were not disclosed. |
| Mintec Inc | Hexagon AB | | Hexagon AB of Sweden agreed to acquire Mintec Inc, a Tucson-based developer of prepackaged software. |
| Profile Extrusion Inc-Aluminum Extrusion | Highlander Partners LP | | Highlander Partners LP acquired the aluminum extrusion assets of Profile Extrusion Inc, a Rome-based manufacturer of aluminum extrusions, in a leveraged buyout transaction. |
| Frayman Group Inc | IntApp Inc | | IntApp Inc acquired Frayman Group Inc, a Brooklyn-based developer of risk management software. |
| Ipreo LLC | Investor Group | | An investor group, comprised of Blackstone Group LP, and Goldman Sachs Group Inc, through its merchant banking division, definitively agreed to acquire an undisclosed majority interest in Ipreo LLC, a New York-based provider of financial information services, from Kohlberg Kravis Roberts & Co LP (KKR), a unit of KKR & Co LP. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at $975 million. Originally, in January 2014, KKR was rumored to be seeking a buyer for its Ipreo LLC unit. |
| Osmose Railroad Services Inc | Koppers Inc | | Koppers Inc, a wholly- owned unit of Koppers Holdings Inc, agreed to acquire Madison-based Osmose Railroad Services Inc, from from Osmose Holdings Inc, a unit of Oaktree Capital Management LP (Oaktree). Concurrently, Koopers Inc agreed to acquire Osmose Inc. The two transactions have a combined value of an estimated $460 million. Originally, in February 2014, Oaktree was rumored to be seeking a buyer for its Osmose Holdings Inc unit. |
| Anchor Glass Container Corp | KPS Capital Partners LP | | KPS Capital Partners LP definitively agreed to acquire Anchor Glass Container Corp, a Tampa-based manufacturer of glass containers, from Ardagh Group SA, in a leveraged buyout transaction. Terms were not disclosed. |
| Birchwood Inc | Lutheran Life Villages Inc | | Lutheran Life Villages Inc agreed to merge with Birchwood Inc, a Fort Wayne-based provider of home health care services. |
| MainStreet Property Group LLC-Facility | MainStreet Property Group LLC | | HealthLease Properties Real Estate Investment Trust of Canada, acquired the seniors housing and care facility of MainStreet Property Group LLC, a Kirkland-based construction company. |
| Student Loan Xpress Inc-Loans | Nelnet Inc | | Nelnet Inc agreed to acquire the student loans of Student Loan Xpress Inc, a provider of education financing services, and a unit of CIT Group Inc. Concurrently, Nelnet agreed to acquire the student loans of CIT Education Loan Trust 2012-1 and CIT Education Loan Trust 2011-1, and Nelnet Finance Corp agreed to acquire the entire share capital of Education Lending Services Inc. |
| CIT Education Loan Trust 2012-1-Student Loans | Nelnet Inc | | Nelnet Inc agreed to acquire the student loans of CIT Education Loan Trust 2012- 1, a provider of financing services and a unit of CIT Group Inc. Concurrently, Nelnet agreed to acquire the student loans of Student Loan Xpress Inc and CIT Education Loan Trust 2011-1. |
| CIT Education Loan Trust 2011-1-Student Loans | Nelnet Inc | | Nelnet Inc agreed to acquire the student loans of CIT Education Loan Trust 2011- 1, a provider of financing services and a unit of CIT Group Inc. Concurrently, Nelnet agreed to acquire the student loans of Student Loan Xpress Inc and CIT Education Loan Trust 2012-1. |
| Pac Paper Inc | Packaging Dynamics Corp | | Packaging Dynamics Corp, a unit of KPS Capital Partners LPs Thilmany LLC, acquired Pac Paper Inc, a Vancouver-based manufacturer and wholesaler of paper packaging products. |
| One Orlando Center | Parkway Properties Inc | | Parkway Properties Inc acquired One Orlando Center, an Orlando-based office building. |
| Chemtura Corp-Agrochemical Business | Platform Specialty Products Corp | | Platform Specialty Products Corp was rumored to be planning to acquire the agrochemical business of Chemtura Corp, a Middlebury-based manufacturer and wholesaler of specialty chemicals. Terms were not disclosed but, according to people familiar with the transaction, the deal was valued at an estimated $1 billion. |
| Hubbert Systems Consulting Inc | Public Consulting Group Inc | | Public Consulting Group Inc acquired Hubbert Systems Consulting Inc, a Gold River-based provider of consulting services. Terms were not disclosed. |
| National Pump & Compressor Ltd-US Compressor | Quincy Compressor LLC | | Quincy Compressor LLC, a unit of Altas Copco AB, agreed to acquire the US compressor business, located in Texas and Alabama, of National Pump & Compressor Ltd, a Beaumont-based wholesaler of industrial pumps, compressors, dryers and related equipment. |
| McKenzie Compressed Air-US Compressor Business | Quincy Compressor LLC | | Quincy Compressor LLC, a unit of Atlas Copco AB, agreed to acquire the US compressor business, located in Texas and Alabama, of McKenzie Compressed Air, a Houston-based wholesaler of air compressors. |
| Joerns Healthcare Inc | RecoverCare LLC | | RecoverCare LLC definitively agreed to merge with Joerns Healthcare Inc, a Charlotte-based manufacturer of hospital furniture and fixtures. |
| Pickie Inc | RetailMeNot Inc | | RetailMeNot Inc acquired Pickie Inc, a New York-based developer of mobile applications software. Terms were not disclosed. |
| Green Turtle Americas Ltd | Rexnord Corp | | Rexnord Corp, a unit of Apollo Global Management LLC, acquired Green Turtle Americas Ltd, a Charlotte-based manufacturer of wastewater pretreatment solutions, from Monteco Ltd. Concurrently, Rexnord Corp acquired Green Turtle Technologies Ltd and Filamat Composites Inc. |
| Association & Society Insurance Corp | Selman & Co | | Selman & Co (Selman) acquired Association & Society Insurance Corp, a Rockville-based provider of insurance brokerage services. Concurrently, Selman acquired the life and accident insurance administration business of MAI Services Corp. |
| MAI Services Corp-Life and Accident Insurance | Selman & Co | | Selman & Co (Selman) acquired the life and accident insurance administration business of MAI Services Corp, a Cuyahoga Falls-based provides insurance brokerage services. Concurrently, Selman acquired Association & Society Insurance Corp. |
| Sterling Collision Centers LLC | Service King Paint & Body LLC | | Service King Paint & Body LLC agreed to acquire Sterling Collision Centers LLC, a Tustin-based provider of automotive repair services, from Allstate Corp. |
| Albemarle Corp-Assets | SI Group Inc | | SI Group Inc definitively agreed to acquire the antioxidant product lines, Ibuprofen and Propofol businesses of Albemarle Corp, a Baton Rouge-based manufacturer of specialty chemicals. Terms were not disclosed. |
| Encana Natural Gas Inc-US Assets | Stabilis Energy LLC | | Stabilis Energy LLC definitively agreed to acquire the US assets of Encana Natural Gas Inc, a unit of Encana Corp, a Calgary -based oil and gas exploration and production company. Terms were not disclosed. |
| The Promenade Bolingbrook | Starwood Capital Group Global LLC | | Starwood Capital Group Global LLC acquired The Promenade Bolingbrook, a retail center, in a leveraged buyout transaction. |
| MDdatacor LLC | Symphony Technology Group LLC | | Symphony Technology Group acquired MDdatacor LLC, an Alpharetta-based provider of health and medical services, in a leveraged buyout transaction. Terms were not disclosed. |
| Simpler Consulting LP | Truven Health Analytics | | Truven Health Analytics, a unit of Veritas Capital Partners LP, acquired Simpler Consulting LP, a Bloomfield-based provider of consulting services. Terms were not disclosed. |
| Gnip Inc | Twitter Inc | | Twitter Inc acquired Gnip Inc, a Boulder-based provider of social data. Terms were not disclosed. |
| Ally Bank-Document Custodian | US Bank National Association | | US Bank National Association, a unit of US Bancorp, definitively agreed to acquire the document custodian business of Ally Bank, a Midvale-based commercial bank, and a unit of Ally Financial Inc. |
| Webb & Greer Insurance Agency | USI Insurance Services LLC | | USI Insurance Services LLC, a unit of USI Holdings Corp, acquired Tempe-based Webb & Greer Insurance Agency Inc. Terms were not disclosed. |
| Munder Capital Management Inc | Victory Capital Management Inc | | Victory Capital Management Inc (Victory), a unit of Crestview Partners LP, agreed to acquire Munder Capital Management Inc (Munder), a Birmingham-based provider of investment management services, from Munder Capital Holdings. Terms were not disclosed. The transaction was to include Integrity Asset Management LLC. Originally, in April 2014, Victory was rumored to be planning to merge with Munder. |
| Mercer Windows | VPI Quality Windows Inc | | VPI Quality Windows Inc acquired Mercer Windows, a Beaverton-based manufacturer of vinyl windows. |
| Electronic Funds Source LLC | Warburg Pincus LLC | | Warburg Pincus LLC definitively agreed to acquire Electronic Funds Source LLC, a Nashville-based provider of payment solutions, from an investor group, including Nashville First Data Transportation Services Inc, CTP Holdings LLC and FJ Management Inc. Terms of the transaction were not disclosed. |
| BrightContext Corp | WealthEngine.com Inc | | WealthEngine Inc agreed to acquire BrightContext Corp, an Arlington-based provider of massively scalable, cloud-based data stream processing platform. |
| Reliance Communications Inc | West Corp | | West Corp agreed to acquire Reliance Communications Inc, a Los Gatos-based provider of notification and mobile communication solutions. |
| Xtreme Power Inc | Younicos Inc | | Younicos Inc, a wholly owned unit of Younicos AG acquired bankrupt Xtreme Power Inc (Xtreme), a Kyle-based manufacturer of power storage system. Originally, In January 2014, Xtreme announced that it was seeking a buyer for the company. |
| EPIRUS Biopharmaceuticals Inc | Zalicus Inc | | Zalicus Inc, through its undisclosed wholly-owned subsidiary, definitively agreed to merge with EPIRUS Biopharmaceuticals Inc, a Boston-based biopharmaceutical company. Upon completion, Zalicus Inc will be renamed EPIRUS Biopharmaceuticals Inc. |
| Source: Thomson Reuters | | | |
