Target | Acquirer | Value ($millions) | Synopsis |
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InterMune Inc | Roche Holding AG | 8,314.5 | Roche Holdings AG (Roche) of Switzerland definitively agreed to acquire the entire share capital of Intermune Inc (Intermune), a Brisbane-based biotechnology company, for $74 in cash per share, or a total value of $8.315 bil, via a tender offer. The offer was conditioned upon at least a majority of Intermune's shares being tendered. Originally, in March 2014, Intermune was rumored to be seeking a buyer for the company. Sanofi SA, Roche, GlaxoSmithKline PLC and Actelion Ltd were named as rumored bidders. |
DeMoulas Super Markets Inc | Investor Group | 1,500.0 | An investor group comprised of Arthur T. Demoulas and the class B shareholders of DeMoulas Super Markets Inc (Market Basket), agreed to acquire the remaining 50.5% interest which it did not already own in Market Basket, a Tewksbury-based owner and operator of grocery stores, from Arthur S. Demoulas and the Class A shareholders for $1.5 billion. Originally, in July 2014, Market Basket was rumored to be seeking a buyer for the company. Arthur T. Demoulas was named bidder. |
Berlin Packaging LLC | Oak Hill Capital Partners LP | 1,430.0 | Oak Hill Capital Partners LP (Oak), including Berlin Packaging LLC's (Berlin) management team led by Chairman and CEO Andrew Berlin, definitively agreed to acquire Berlin, a Chicago-based manufacturer and wholesaler of rigid packaging products, from Investcorp Bank BSC (Investcorp), a unit of SIPCO Ltd's majority-owned Ownership Holdings Ltd subsidiary, for $1.43 billion in cash in a secondary buyout transaction. Originally, in June 2014, Investcorp was rumored to be seeking a buyer for Berlin. Oak was named as a potential bidder. Originally, Investcorp acquired an undisclosed majority interest in Berlin in a leveraged buyout transaction. |
Twitch Interactive Inc | Amazon.com Inc | 970.0 | Amazon.com Inc agreed to acquire the entire share capital of Twitch Interactive Inc (Twitch), a San Francisco-based provider of live video-streaming services, for an estimated $970 million in cash. Originally, in May 2014, Twitch was rumored to be seeking a buyer for the company. Youtube Inc, Microsoft Corp, and Amazon.com Inc were rumored bidders. |
Eagle Ottawa LLC | Lear Corp | 850.0 | Lear Corp (Lear) definitively agreed to acquire the entire share capital of Eagle Ottawa LLC (Eagle), an Auburn Hills-based manufacturer and wholesaler of automotive upholstery and interior leather products, from Albert Trostel & Sons Co, a unit of Everett Smith Group Ltd, for $850 million in cash. Originally, in August 2014, Lear was rumored to be planning to acquire Eagle. |
Exelon Corp-Fore River | Calpine Corp | 530.0 | Calpine Corp agreed to acquire the Fore River generation station of Exelon Corp, a Chicago-based electric and gas utility company, for an estimated $530 million. |
Aon Ctr,Los Angeles,California | Shorenstein Realty Services LP | 270.0 | Shorenstein Realty Services LP (Shorenstein) agreed to acquire Aon Center (Aon) located in Los Angeles, California, from Beacon Capital Partners LLC, a Boston-based real estate investment firm, for an estimated $270 million. Originally, in August 2014, Shorenstein was rumored to be planning to acquire Aon Center. |
Cimarex Energy-Cert Producing | Parsley Energy LP | 242.0 | Parsley Energy LP, a unit of Parsley Energy Inc, agreed to acquire certain producing oil and gas properties, located in Reagan County, Texas, of Cimarex Energy Co, a Denver-based oil and gas exploration and production company, for $242 million. |
Companion Property & Casualty | Enstar Group Ltd | 218.0 | Enstar Group Ltd of Bermuda definitively agreed to acquire Companion Property & Casualty Insurance Company, a Columbia-based provider of property and casualty insurance services, from Blue Cross & Blue Shield of South Carolina for $218 million. |
Waterfield Court,Signal Pointe | Aragon Holdings Inc | 100.0 | Aragon Holdings Inc acquired Waterfield Court Apartments and Signal Pointe Apartments for an estimated $100 million. |
Aperek Inc | Premier Inc | 48.5 | Premier Inc definitively agreed to acquire Aperek Inc, a Raleigh-based developer of software as a service (SaaS) solution set, for $48.5 million in cash. |
Buttermilk Towne Center | Ramco-Gershenson Properties Trust | 42.0 | Ramco-Gershenson Properties Trust acquired Buttermilk Town Center, a Crescent Springs-based shopping center, for $42 million in cash. |
Highwoods Ppty-Non-Core Bldgs | Lingerfelt Cos | 40.7 | Lingerfelt Cos, a unit of Liberty Property Trust, acquired seven non-core buildings from Highwoods Properties Inc (Highwoods), a Raleigh-based real estate investment trust. Concurrently, Westdale Real Estate Investment & Management acquired four non-core buildings from Highwoods. The two transactions had a combined value of $40.7 million. |
Cobra Electronics Corp | Monomoy Capital Partners II LP | 28.4 | Monomoy Capital Partners II LP, a unit of Monomoy Capital Partners LLC, definitively agreed to acquire the entire share capital of Cobra Electronics Corp, a Chicago-based manufacturer and wholesaler of two-way mobile communications and mobile navigation products, via a tender offer for $4.3 in cash per share, or a total value of $28.393 million in a leveraged buyout transaction. The offer was conditional upon at least a majority of shares being tendered. |
MainStreet BankShares Inc | American National Bankshares Inc | 24.1 | American National Bankshares Inc (American National) agreed to acquire the entire share capital of MainStreet BankShares Inc (MainStreet), a Martinsville-based bank holding company, in a stock swap transaction valued at $24.073 million. American National offered 0.482 common shares and $3.46 in cash per MainStreet common share. Based on American National's closing stock price of $21.97 on 22 August 2014, the last full trading day prior to the announcement, each MainStreet share was valued at $10.590. |
Corgenix Medical Corp | ORGENTEC Diagnostika GmbH | 14.9 | ORGENTEC Diagnostika GmbH of Germany, a unit of Water Street Healthcare Partners LLC, definitively agreed to acquire the entire share capital of Corgenix Medical Corp, a Broomfield-based manufacturer and wholesaler of diagnostic products, for $0.27 in cash per share, or a total value of $14.931 million. |
Willamar W Unit,Willacy Cnty | Chestnut Exploration & Production Inc | 13.1 | Chestnut Exploration & Production Inc acquired the Willamar West Unit, an oil and gas exploration and production property located in Willacy County, for $13.1 million. |
Mission Village Shopping Center | MCS Guardian Properties LLC | 8.1 | MCS Guardian Properties LLC acquired Mission Village Shopping Center, a Fresno-based shopping center, for $8.05 million. |
Solar Alliance of America Inc | Finavera Wind Energy Inc | 6.0 | Finavera Wind Energy Inc (Finavera) of Canada agreed to acquire the entire share capital of Solar Alliance of America Inc, a San Diego-based provider of solar energy panel installation services, for $6 million. The consideration was to consist of $4 million in cash and $4 million in Finavera common shares. |
Cool Containers LLC | AAR Corp | | AAR Corp, through its Mobility Systems business, acquired Cool Containers LLC, a Marietta-based manufacturer of temperature-controlled containers. |
SiteFM | Accruent LLC | | Accruent LLC (Accruent), a unit of TA Associates Management LP, acquired SiteFM, an Austin-based developer of hospital management software. Concurrently, Accruent acquired Four Rivers Software Systems Inc. |
Four Rivers Software Sys Inc | Accruent LLC | | Accruent LLC (Accruent), a unit of TA Associates Management LP, acquired Four Rivers Software Systems Inc, a Pittsburgh-based developer of healthcare operations management software. Terms were not disclosed. Concurrently, Accruent acquired SiteFM. |
WaveTec Vision Inc | Alcon Inc | | Alcon Inc of Switzerland, a unit of Novartis AG, agreed to acquire WaveTec Vision Inc, an Aliso Viejo-based manufacturer of eye measurement equipment. |
Days of Wonder Inc | Asmodee Group SASU | | Asmodee Group SASU of France, a unit of Eurazeo SA, acquired Days of Wonder Inc, a Los Altos-based manufacturer of board games. Terms were not disclosed. |
Parka LLC | Automattic Inc | | Automattic Inc acquired Parka LLC, a developer of software. The transaction included BruteProtect. |
Marshall Retail Group LLC | Brentwood Associates Inc | | Brentwood Associates Inc (Brentwood Associates) acquired Marshall Retail Group LLC (Marshall Retail), a Las Vegas-based owner and operator of specialty stores, from ICV Partners LLC (ICV) in a secondary buyout transaction. Previously, ICV acquired Marshall Retail in a leveraged buyout transaction. Originally, in April 2014, ICV was rumored to be seeking a buyer for its Marshall Retail unit. Brentwood Associates was rumored to be a potential bidder. |
Rusty Taco Inc | Buffalo Wild Wings Inc | | Buffalo Wild Wings Inc acquired an undisclosed majority interest in Rusty Taco Inc, a Dallas-based owner and operator of fast-casual taco restaurants. Terms were not disclosed. |
Calpine Corp-Osprey Natural | Calpine Corp | | Duke Energy Corp agreed to acquire the Osprey Natural Gas plant, located in Auburndale, Florida, of Calpine Corp, a Houston-based provider of power generation services. Terms were not disclosed. |
Lanham & Associates Inc | Coldwell Banker Residential Real Estate LLC | | Coldwell Banker Residential Real Estate LLC, a unit of Realogy Holdings Corp's NRT LLC subsidiary, acquired Lanham & Associates Inc, an Oakland Park-based provider of real estate brokerage services. |
Sapheon Inc | Covidien PLC | | Covidien PLC of Ireland acquired Sapheon Inc, a Morrisville-based manufacturer of medical closure devices. Terms were not disclosed. |
EFT Source Inc | CPI Card Group Inc | | CPI Card Group Inc, a unit of Tricor Pacific Capital Inc, definitively agreed to acquire EFT Source Inc, a Nashville-based provider of secure personalization of ATM and debit cards. Terms were not disclosed. |
Aqua-Chem Inc | Crimson Investments | | Crimson Investments acquired Aqua-Chem Inc, a Knoxville-based manufactures water purification, desalting and pollution control equipment, from Altus Capital Partners Inc in a leveraged buyout transaction. |
Gallus Biopharmaceuticals LLC | DPx Holdings BV | | DPx Holdings BV, a unit of a joint venture between JLL Partners Inc and Koninklijke DSM NV, definitively agreed to acquire the entire share capital of Gallus Biopharmaceuticals LLC, a St. Louis-based manufacturer of clinical and commercial bulk biologics products, from Ridgemont Equity Partners. |
StarStreet Inc | DraftKings Inc | | DraftKings Inc acquired StarStreet Inc, a Cambridge-based developer of software. Terms were not disclosed. |
Connexus Credit Union | Endura Financial Federal Credit Union | | Endura Financial Federal Credit Union planned to merge with Connexus Credit Union, a Wausau-based full service credit union. |
Zync Inc | Google Inc | | Google Inc acquired Zync Inc, a Boston-based developer of visual effects rendering software. Terms were not disclosed. |
ERO-TEX | Hanes Geo Components | | Hanes Geo Components acquired ERO-TEX, a Menomonee Falls-based wholesaler of erosion control and geotextile products. Terms were not disclosed. |
Skywalker Accelerator LLC | Integrated Cannabis Solutions Inc | | Integrated Cannabis Solutions Inc signed a letter of intent to acquire Skywalker Accelerator LLC, a Denver-based investment company, from Cannabis Agritech Corp. |
Archvest Wealth Advisors Inc | Investor Group | | An investor group comprised of Eric Lai and John Wenzel acquired Archvest Wealth Advisors Inc, a Walnut Creek-based provider of financial planning services. |
Lake Pointe Ctr III & IV,India | Investor Group | | An investor group comprised of Alkhabeer Capital of Saudi Arabia and USAA Real Estate Co, a unit of united Service Automobile Association, acquired Lake Pointe Center III & IV, Indianapolis-based office buildings. |
Sun Catalytix Corp | Lockheed Martin Corp | | Lockheed Martin Corp acquired Sun Catalytix Corp (Sun), a Cambridge-based manufacturer of renewable energy storage equipment. Terms were not disclosed. On completion, Sun changed its name to Lockheed Martin Advanced Energy Storage LLC. |
Agricen LLC | Loveland Products Inc | | Loveland Products Inc, a unit of the United Agri Products Inc unit of Agrium Inc's UAP Holding Corp subsidiary, acquired an undisclosed majority interest in Agricen LLC, a Frisco-based manufacturer of plant nutrition products. Terms were not disclosed. |
InsightExpress LLC | Millward Brown PLC | | Millward Brown PLC, a wholly-owned unit of WPP PLC of UK, acquired InsightExpress LLC, located in Stamford, Connecticut and a provider of media analytics and marketing accountability solutions services, from General Atlantic LLC. |
Olympus Biotech-Manufacturing Facility | Novo Nordisk A/S | | Novo Nordisk A/S of Denmark, a unit of Novo Nordisk Fonden's Novo A/S, acquired the manufacturing facility of Olympus Biotech Corp, a Hopkinton-based manufacturer of bone proteins and implants and a unit of Olympus Corp's Olympus America Inc. Terms were not disclosed. |
CP Chemicals Group LP | NV Umicore SA | | NV Umicore SA of Belgium acquired CP Chemicals Group LP, a Wickliffe-based manufacturer of refined and recycled nickel and cobalt. |
Dominion Homes Inc-RE Assets | PulteGroup Inc | | PulteGroup Inc acquired the real estate assets of Dominion Homes Inc, a Dublin-based provider of construction services. Terms were not disclosed. |
DMA Corp | Riverside Co | | Riverside Co acquired DMA Corp, a Beaverton-based developer of database and marketing software, in a leveraged buyout transaction. |
Strategic HealthCare Programs | Roper Industries Inc | | Roper Industries Inc acquired Strategic HealthCare Programs LLC, a Santa Barbara-based provider of software and informatics solutions to the post-acute healthcare market. Concurrently, Roper Industries Inc acquired Innovative Product Achievements LLC. |
Innovative Product Achievement | Roper Industries Inc | | Roper Industries Inc acquired Innovative Product Achievements LLC, a Suwanee-based manufacturer of automated surgical scrub and linen distribution systems. Concurrently, Roper Industries Inc acquired Strategic Healthcare Programs LLC. |
FuelQuest Inc | The Veeder-Root Co | | The Veeder-Root Co, a unit of Danaher Corp, acquired FuelQuest Inc, a Houston-based developer of fuel management software. |
Gateway Plaza,San Antonio,Texas | Tryperion Partners | | Tryperion Partners acquired Gateway Plaza, a San Antonio-based shopping center. |
AgSense LLC | Valmont Industries Inc | | Valmont Industries Inc acquired an undisclosed majority interest in AgSense LLC, a Huron-based manufacturer of process control instruments for agricultural applications. |
Highwoods Ppty-Non-Core Bldgs | Westdale Real Estate Investment & Management | | Westdale Real Estate Investment & Management acquired four non-core buildings from Highwoods Properties Inc (Highwoods), a Raleigh-based real estate investment trust. Concurrently, Lingerfelt Cos, a unit of Liberty Property Trust, acquired seven non-core buildings from Highwoods. The two transactions had a combined value of $40.7 million. |
US M&A Deals Announced August 24 - August 28, 2014 | | | |
Source: Thomson Reuters | | | |