Target | Acquirer | Value ($millions) | Synopsis |
---|
Allergan Inc | Actavis PLC | 68,445.4 | Actavis PLC of Ireland, acting as white knight, definitively agreed to acquire the acquire the entire share capital of Allergan Inc, an Irvine-based manufacturer of eye care, neuromodulator and skin care pharmaceutical products, for $68.445 billion via a challenging offer. Actavis offered $129.22 in cash and 0.3683 ordinary shares per Allergan share. Based on Actavis' closing stock price of $243.77 on 14 November, the last full trading day prior to the announcement, each Allergan share was valued at $219. Upon completion, Allergan common shares were to be delisted from the New York Stock Exchange. Previously, Valeant Pharmaceuticals International Inc, through its wholly-owned AGMS Inc subsidiary, and Pershing Square Capital Management LP launched a hostile tender offer to acquire the remaining 90.29% interest in Allergan. Originally, Actavis was rumored to be planning to acquire the entire share capital of Allergan. |
Bakken Pipeline Project | Energy Transfer Partners LP | 3,750.0 | Energy Transfer Partners LP agreed to raise its interest to 75% from 30% by acquiring a 45% stake in Bakken Pipeline Project, an owner and operator of crude oil pipelines, from Energy Transfer Equity LP for an estimated $3.75 billion. |
Cobalt Capital Partners | Colony Financial Inc | 1,600.0 | Colony Financial Inc definitively agreed to acquire Cobalt Capital Partners, an Irving-based real estate investment firm, for an estimated $1.6 billion. |
First Wind Holdings LLC | SunEdison Inc | 1,510.0 | SunEdison Inc definitively agreed to acquire First Wind Holdings LLC , a Boston-based renewable energy electric utility company, for an estimated $1.51 billion. The consideration offered was to consist of $299 mil, $340 million in seller notes, the assumption of $361 million in liabilities and up to a further $510 million in profit-related payments. Concurrently, TerraForm Power LLC definitively agreed to acquire a portfolio of operating wind and solar assets of First Wind Holdings. |
First Wind Hldg LLC-Operating | TerraForm Power LLC | 862.0 | TerraForm Power LLC, a unit of TerraForm Power Inc, ultimately-owned by SunEdison Inc, definitively agreed to acquire a portfolio of operating wind and solar power assets of First Wind Holdings LLC, a Boston-based renewable energy electric utility company, for an estimated $862 mil, including the assumption of an undisclosed amount in liabilities. Concurrently, SunEdison definitively agreed to acquire First Wind Holdings. |
Oplink Communications Inc | Koch Optics Inc | 428.2 | Koch Optics Inc, a unit of Koch Industries Inc, definitively agreed to acquire the entire share capital of Oplink Communications Inc, a Fremont-based manufacturer of fiber optic networking components, via a tender offer for $24.25 in cash per share, or a total value of $428.153 million. The offer was conditioned upon at least majority of Oplink Communications's shares being tendered. |
Hanley Wood LLC-Exhibitions | Informa PLC | 375.0 | Informa PLC of the UK agreed to acquire exhibitions business of Hanley Wood LLC, a Washington-based publisher of trade magazines, for $375 million in cash. |
Online Yearbook | Rocky Mountain Resource Holdings LLC | 357.7 | Rocky Mountain Resource Holdings LLC acquired a 69.06% interest, or 5.2 million shares of Online Yearbook, a Henderson-based provider, producer, designer and publisher of online yearbooks for schools, for $357.671 million. |
Abbott Animal Health | Zoetis Inc | 255.0 | Zoetis Inc agreed to acquire Abbot Animal Health, an Abbot Park-based provider of veterinary services, from Abbott Laboratories for $255 mi. |
Lightbridge Communications Corp | Tech Mahindra Ltd | 240.0 | Tech Mahindra Ltd of India definitively agreed to acquire Lightbridge Communications Corp, a McLean-based provider of telecommunication services, for an estimated $240 million. |
BinOptics Corp | M/A-COM Technology Solutions Holdings Inc | 230.0 | M/A-COM Technology Solutions Holdings Inc definitively agreed to acquire BinOptics Corp, an Ithaca-based manufacturer of monolithically integrated optoelectronic components, for $230 million in cash. |
Change Healthcare Corp | Emdeon Inc | 185.0 | Emdeon Inc, a unit of Blackstone Group LP, definitively agreed to acquire Change Healthcare Corp, a Brentwood-based provider of healthcare consumer engagement and transparency solutions, for an estimated $185 million. The consideration offered was to consist of $135 million in cash and up to $50 million in profit-related payments. |
Pan West Engineers & Constructors LLC | Investor Group | 168.0 | An investor group comprised of state-owned National Insurance Board of Trinidad & Tobago, National Enterprises Ltd and Trinidad & Tobago Unit Trust Corp acquired the entire share capital of Pan West Engineers & Constructors LLC, a Houston-based provider of engineering services, from General Electric Capital Corp, a unit of General Electric Co, for $168 million. The transaction included the acquisition of a 10% stake in Phoenix Park Gas Processors Ltd. |
Compuware Corp-Office Building | 1000 Webward LLC | 142.0 | 1000 Webward LLC definitively agreed to acquire the office building located in Detroit, Michigan, of Compuware Corp, a Detroit-based developer of application performance management software, for $142 million in cash. |
Dean & DeLuca Inc | Pace Development Corp PCL | 140.0 | PACE Development Corp PCL of Thailand agreed to acquire the entire share capital of Dean & DeLuca Inc, a New York-based multi-channel retailer of gourmet and specialty foods, for $140 million. |
Four Seasons Resort | Strategic Hotels & Resorts Inc | 140.0 | Strategic Hotels & Resorts Inc agreed to acquire Four Seasons Resort Scottsdale, a Scottsdale-based hotel, from Walton Street Capital LLC for $140 million. |
MoGas Pipeline LLC | CorEnergy Infrastructure Trust | 125.0 | CorEnergy Infrastructure Trust Inc definitively agreed to acquire the entire share capital of MoGas Pipeline LLC, a St Peters-based owner and operator of natural gas pipelines, for $125 million in cash. The transaction was to include United Property Systems LLC. |
ChyronHego Corp | Vector Capital Corp | 113.5 | Vector Capital Corp definitively agreed to acquire the entire share capital of ChyronHego Corporation, a Melville-based provider of graphics services, from MWW Group Inc, a unit of Interpublic Group of Cos Inc's GolinHarris International subsidiary, for $2.82 in cash per share, or a total value of $113.513 million in a leveraged buyout transaction. |
Valley Financial,Roanoke,VA | BNC Bancorp,Thomasville,NC | 98.9 | BNC Bancorp definitively agreed to acquire the entire share capital of Valley Financial Corp, a Roanoke-based bank holding company, in a stock swap transaction valued at $98.899 million. BNC Bancorp offered $20 common shares per Valley Financial share. |
Allylix Inc | Evolva Holding SA | 61.0 | Evolva Holding SA of Switzerland agreed to acquire the entire share capital of Allylix Inc, a San Diego-based manufacturer of renewable chemical products, in exchange for 46 million new ordinary shares valued at $61.033 million. The shares were valued based on Evolva Holdings's closing stock price of $1.327 on 17 November 2014, the last full trading day prior to the announcement. |
Kansas City Marriott Country Club Plaza | Carey Watermark Investors Inc | 56.7 | Carey Watermark Investors Inc acquired Kansas City Marriott Country Club Plaza, a Kansas-based hotel, from Noble Investment Group LLC for 56.7 million. |
Frost Bk Tower,One Amer Ctr, | California State Teachers' Retirement System | 48.7 | California State Teachers' Retirement System acquired the remaining 40% stake which it did not already own in Frost Bank Tower, One American Center and 300 West 6th Street, located in Austin, Texas, from Parkway Properties Inc, an Orlando-based real estate investment trust, for $48.68 million. Concurrently, Parkway Properties acquired the remaining 60% interest which it did not already own in the San Jacinto Center and One Congress Plaza from California State Teachers' Retirement System. |
RFL Electronics Inc | Hubbell Power Systems Inc | 20.0 | Hubbell Power Systems Inc, a unit of Hubbell Inc, acquired RFL Electronics Inc, a Boonton-Township-based manufacturer and wholesaler of communication and protection products, from SL Industries Inc for an estimated $20 million. |
Nicox Inc | Valeant Pharmaceuticals Intl | 20.0 | Valeant Pharmaceuticals International Inc acquired Nicox Inc, a Fort Worth-based manufacturer of diagnostic medical devices, from Nicox SA for an estimated $20 million. The consideration offered consisted of $10 million in cash and up to $10 million in profit-related payments. |
Groovebook | Shutterfly Inc | 14.5 | Shutterfly Inc acquired Groovebook, a Delaware-based provider of mobile photo book applications, for $14.5 million. |
Archetype Credit-Loans | Colony American Finance LLC | 11.6 | Colony American Finance LLC, a unit of Colony American Homes Inc, acquired the loan portfolio of single family homes of Archetype Credit Opportunity Fund LP, a provider of money lending services, for $11.5 million based on the standard capitalization rate of 7%. |
Ruths Hospitality Group Inc-Mitchells | Landry's Inc | 10.0 | Landry's Inc definitively agreed to acquire the Mitchells Fish Market and Mitchells/Camerons Steakhouse businesses of Ruths Hospitality Group Inc, a Heathrow-based owner and operator of restaurants, for $10 million. |
Atna Resources-Subsidiaries(2) | Waterton Nevada Splitter LLC | 10.0 | Waterton Nevada Splitter LLC, a unit of Waterton Precious Metals Fund II Cayman LP, agreed to acquire two subsidiaries of Atna Resources Ltd, a Golden-based gold and metals mining company, for $10 million. |
BranchOut Inc | 1-Page Ltd | 4.7 | 1-Page Ltd of Australia agreed to acquire the entire share capital of BranchOut Inc, a San Francisco-based provider of online professional networking services, for $4.745 million. The consideration offered was to consist of $2 million in cash and the issuance of 7. 5 million new 1-Page ordinary shares valued at $2.745 million. The shares were valued based on 1-Page's closing stock price of $0.366 on 13 November 2014, the last full trading day prior to the announcement. |
Vicon Inds Inc-Operating Facility | MD Jahirul Islam | 3.5 | MD Jahirul Islam agreed to acquire the operating facility of Vicon Industries Inc, a Hauppauge-based manufacturer of closed circuit television systems and system components, for $3.5 million. |
Rae Launo Corp-Coffee Bus | Farmer Bros Co | 1.5 | Farmer Bros Co definitively agreed to acquire the delivery amd in-room distribution coffee businesses of Rae Launo Corp, a Tampa-based wholesaler of coffee and tea, for $1.5 million. |
Dollars Per Minute Inc-Certain Assets | EVINE Live Inc | 1.1 | EVINE Live Inc agreed to acquire certain assets of Dollars Per Minute Inc, a New York-based provider of integrated direct marketing and ecommerce services, for $1.064 million. The transaction was to include the EVINE brand. |
Heinen & Associates LLC | PI-2 Texas LLC | 0.6 | PI-2 Texas LLC, a wholly-owned subsidiary of Starrex International Ltd, acquired Heinen & Associates LLC, an investment company, for $0.64 million. The consideration offered consisted of $0.05 million in cash, $0.275 million in promissory notes and 0.450 million Starrex International common shares valued at $0.315 million. The shares were valued based on Starrex International's closing stock price of $0.7 on 19 November 2014, the last full trading day prior to the announcement. |
VFA Inc | Accruent LLC | | Accruent LLC, a unit of TA Associates Management LP, acquired VFA Inc, a Boston-based provider of end-to-end solutions for facilities capital planning and asset management. |
Cutanogen Corp | Amarantus Biosciences Hldg Inc | | Amarantus Biosciences Holdings Inc was granted an option to acquire the entire share capital of Cutanogen Corp, a Cincinnati-based biotechnology company, from Lonza Group AG of Switzerland's Lonza Walkersville Inc subsidiary. |
Brand Collective Inc | Anchorage Capital Partners Pty | | Anchorage Capital Partners Pty Ltd of Australia was planning to acquire Brand Collective Inc, a Miami-based provider of branding and marketing services, from Pacific Brands Ltd in a leveraged buyout transaction. |
Potentia Pharmaceuticals Inc | Apellis Pharmaceuticals LLC | | Apellis Pharmaceuticals LLC acquired Potentia Pharmaceuticals Inc, a Crestwood-based biotechnology company. |
Dead Down Wind LLC | Arcus Hunting LLC | | Arcus Hunting LLC, a unit of Bregal Partners, acquired Dead Down Wind LLC, a Pleasant Valley-based manufacturer of scent elimination products for hunters. Terms were not disclosed. |
Miller Harrison Insurance Services | Arthur J Gallagher & Co | | Arthur J Gallagher & Co acquired Miller Harrison Insurance Services, a Muscatine-based insurance agency. Terms were not disclosed. |
Fantasy Flight Publishing Inc | Asmodee Group SASU | | Asmodee Group SASU of France, a unit of Eurazeo SA, agreed to merge with Fantasy Flight Publishing Inc, a Roseville-based hobby games publisher. Terms were not disclosed. |
UHY Advisors Inc-Texas Practice | BDO USA LLP | | BDO USA LLP, a unit of BDO International Ltd, agreed to acquire the Texas Practice of UHY Advisors Inc, a Chicago-based provider of accounting, auditing and tax and business consulting services. Terms were not disclosed. |
Vagrant Records Inc | BMG Chrysalis US | | BMG Chrysalis US acquired Vagrant Records Inc, a Los Angeles-based provider of management services for various musicians, artists and entertainers. |
Vycon Inc | Calnetix Technologies LLC | | Calnetix Technologies LLC acquired Vycon Inc, a Cerritos-based manufacturer of high cycling energy storage flywheel systems and machinery. |
Matchbook Labs Inc | Campaign Monitor Pty Ltd | | Campaign Monitor Pty Ltd of Australia, a unit of Insight Venture Partners LLC, acquired Matchbook Labs Inc, a San Francisco-based developer of online survey software applications. Terms were not disclosed. |
Multimedia Platforms LLC | Explore Anywhere Holdings Corp | | Explore Anywhere Holdings Corp signed a letter of intent to acquire Multimedia Platforms LLC, a Fort Lauderdale-based multimedia technology and publishing company. |
Bk of America Corp-Branch Banking(6) | First Bank,Strasburg,Virginia | | First Bank, a unit of First National Corp, agreed to acquire six branch banking operations of Charlotte-based Bank of America Corp. |
Gambassa Inc | Greenwood Hall Inc | | Greenwood Hall Inc agreed to acquire Gambassa Inc, a Marina del Rey-based provider of SaaS-based, next-generation stand-alone educational ecosystems for the K-20 and small-to-medium business markets. Terms were not disclosed. |
Swarm Solutions Inc | Groupon Inc | | Groupon Inc acquired Swarm Solutions Inc, a San Francisco-based provider of online CRM tools for offline retail stores. Terms were not disclosed. |
Hyperspring LLC | GSE Power Systems Inc | | GSE Power Systems Inc, a unit of GSE Systems Inc, acquired Hyperspring LLC, a Madison-based provider of staff augmentation, training and development and plant operations support services. Concurrently, GSE Power Systems acquired a 50% interest in IntelliQlik LLC. |
IntelliQlik LLC | GSE Power Systems Inc | | GSE Power Systems Inc, a unit of GSE Systems Inc, acquired a 50% interest in IntelliQlik LLC, a developer of online learning and learning management software. Concurrently, GSE Power Systems acquired Hyperspring LLC. |
Hip Appeal Inc | In Media Corp | | In Media Corp signed a letter of intent to acquire the entire share capital of Hip Appeal Inc, a Carlsbad-based manufacturer and wholesaler of women's outerwear apparel. |
Lighthouse Holdings Inc | Investor Group | | An investor group comprised of Kelso & Co and Estancia Capital Management definitively agreed to acquire Lighthouse Holdings Inc, a Chicago-based closed-end investment fund, in a leveraged buyout transaction. Terms were not disclosed. |
Oasis Outsourcing LLC | Investor Group | | An investor group comprised of Stone Point Capital LLC and the management of Oasis Outsourcing LLC agreed to acquire Oasis, a West Palm Beach-based provider of human resource services, from Nautic Partners LLC in a secondary buyout transaction. Terms were not disclosed. |
Hospital Practice Associates Inc | IPC The Hospitalist Co Inc | | IPC The Hospitalist Co Inc acquired Hospital Practice Associates Inc, a Jacksonville-based provider of hospital medicine and post-acute services. |
RealWeld Systems Inc | Lincoln Electric Holdings Inc | | Lincoln Electric Holdings Inc acquired RealWeld Systems Inc, a Columbus-based manufacturer of welding training systems, from EWI Inc. Terms of the transaction were not disclosed. |
Smith Intl Inc-Houston Engineers | Logan Oil Tools Inc | | Logan Oil Tools Inc of Canada , a wholly-owned subsidiary of Logan International Inc, acquired the Houston Engineers Specialty Fishing Tool product line from Smith International Inc, a Houston-based manufacturer of oil drilling fluids, systems, tools and related products. |
MarketCast Inc | MarketCast Inc SPV | | MarketCast Inc SPV, a special purpose acquisition vehicle created by RLJ Equity Partners LLC and GE Asset Management Inc, a unit of General Electric Co, Madison Capital Funding LLC and Brookside Mezzanine Partners, acquired MarketCast Inc, a Los Angeles-based provider of market research services, from Shamrock Capital Growth Fund III LP, a unit of Shamrock Capital Advisors LLC, in a leveraged buyout transaction. Originally, RLJ Equity Partners was rumored to be planning to acquire MarketCast. |
OnFocus Healthcare Inc | MedeAnalytics Inc | | MedeAnalytics Inc acquired OnFocus Healthcare Inc, a Brentwood-based provider of consulting services. |
MyWedding LLC | Meredith Corp | | Meredith Corp agreed to acquire MyWedding LLC, a Castle Rock-based provider of online marketplace services. |
500friends Inc | Merkle Inc | | Merkle Inc acquired 500friends Inc, a San Francisco-based developer of loyalty solution software. |
Airxcel Inc | One Rock Capital Partners LLC | | One Rock Capital Partners LLC acquired Airxcel Inc, a Wichita-based manufacturer of air conditioning equipment, from Bruckmann, Rosser, Sherrill & Co LLC in a secondary buyout transaction. Previously, Bruckmann, Rosser, Sherrill & Co acquired Airxcel Inc in a leveraged buyout transaction. |
San Jacinto Center and One Congress Plaza | Parkway Properties Inc | | Parkway Properties Inc acquired the remaining 60% interest which it did not already own in the San Jacinto Center and One Congress Plaza, located in Austin, Texas, from California State Teachers' Retirement System, a Sacramento-based provider of retirement benefit services. Concurrently, California State Teachers' Retirement System acquired the remaining 40% which it did not already own in One American Center, Frost Bank Tower and 300 West 6th Street from Parkway Properties. |
Main Steel Polishing Co Inc | Peak Rock Capital LLC | | Peak Rock Capital LLC acquired Main Steel Polishing Co Inc, a Tinton Falls-based provider of steel processing services, from Shale-Inland LLC in a leveraged buyout transaction. |
Drs Foster & Smith Inc | Petco Animal Supplies Inc | | Petco Animal Supplies Inc, jointly-owned by TPG Partners LP and Leonard Green & Partners LP, agreed to acquire Drs Fosters & Smith Inc, a Rhinelander-based retailer of pet supplies and medicines. Terms were not disclosed. |
Dallas Regional Medical Center | Prime Healthcare Services Inc | | Prime Healthcare Services Inc definitively agreed to acquire Dallas Regional Medical Center, a Mesquite-based hospital, from Community Health Systems Inc. |
Talisman Energy Inc-Marcellus | Regency Energy Partners LP | | In November 2014, Regency Energy Partners LP was rumored to be planning to acquire the Marcellus Pipeline operations of Talisman Energy Inc, a Calgary-based oil and gas exploration and production company. Terms were not disclosed, but according to sources close to the situation, the deal was valued at an estimated $1 billion. |
Motley Bunch Inc | Return Path Inc | | Return Path Inc acquired Motley Bunch Inc, a Pleasanton-based developer of technology to parse unstructured email data. |
Fisher/Unitech Inc | Riverside Co | | Riverside Co acquired Fisher/Unitech Inc, a Troy-based provider of information technology and engineering services, in a leveraged buyout transaction. Terms were not disclosed. |
RotoMetrics | Sentinel Capital Partners LLC | | Sentinel Capital Partners LLC acquired RotoMetrics, a Eureka-based manufacturer and distributor of precision rotary tools, flexible dies and rotary toolings, from Morgenthaler Partners, a unit of Morgenthaler Private Equity, in a secondary buyout transaction. Terms were not disclosed. Previously, Morgenthaler Partners acquired RotoMetrics in a leveraged buyout transaction. |
Exterran Hldg-Intl&Fabrication | Shareholders | | Exterran Holdings Inc, a Houston-based provider of natural gas compression, equipment rental, maintenance and operations services, planned to spin off its international and fabrication businesses to its shareholders. |
Finetech Inc | Structural Integrity Associates Inc, | | Structural Integrity Associates Inc, a unit of HBS Group Inc, signed a letter of intent to acquire Finetech Inc, a Parsippany-based provider of applications and solutions in chemical control processes. |
Rain Forest Adventures Holding Ltd | TransGlobe Internet & Telecom Co Ltd | | TransGlobe Internet & Telecom Co Ltd of Canada signed a letter of intent to acquire the entire share capital of Rain Forest Adventures Holding Ltd, a Miami-based provider of rainforest tour and adventure services, in exchange for TransGlobe Internet & Telecomcommon shares in a reverse takeover transaction. |
St James Fed Svgs & Loan Assn | Wells Financial Corp | | Wells Financial Corp definitively agreed to acquire the entire share capital of St James-based St James Federal Savings & Loan Association, in exchange for Wells Financial common shares. |
Wentworth Laboratories Inc-Vertical Probe | WinWay Technology Co Ltd | | WinWay Technology Co Ltd of Taiwan acquired the vertical probe card assets of Wentworth Laboratories Inc, a Brookfield-based manufacturer of probe cards and wafer probing products. |
Kimco Realty Corp-Shopping Center Portfolio | World Class Capital Group LLC | | World Class Capital Group LLC acquired the shopping center portfolio of Kimco Realty Corp, a New Hyde Park-based real estate investment trust. |
US M&A Deals Announced November 16 - November 21, 2014 | | | |
Source: Thomson Reuters | | | |