TargetAcquirerValue ($millions)Synopsis
Allergan IncActavis PLC68,445.4Actavis 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 ProjectEnergy Transfer Partners LP3,750.0Energy 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 PartnersColony Financial Inc1,600.0Colony 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 LLCSunEdison Inc1,510.0SunEdison 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-OperatingTerraForm Power LLC862.0TerraForm 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 IncKoch Optics Inc428.2Koch 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-ExhibitionsInforma PLC375.0Informa 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 YearbookRocky Mountain Resource Holdings LLC357.7Rocky 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 HealthZoetis Inc255.0Zoetis Inc agreed to acquire Abbot Animal Health, an Abbot Park-based provider of veterinary services, from Abbott Laboratories for $255 mi.
Lightbridge Communications CorpTech Mahindra Ltd240.0Tech Mahindra Ltd of India definitively agreed to acquire Lightbridge Communications Corp, a McLean-based provider of telecommunication services, for an estimated $240 million.
BinOptics CorpM/A-COM Technology Solutions Holdings Inc230.0M/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 CorpEmdeon Inc185.0Emdeon 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 LLCInvestor Group168.0An 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 Building1000 Webward LLC142.01000 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 IncPace Development Corp PCL140.0PACE 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 ResortStrategic Hotels & Resorts Inc140.0Strategic Hotels & Resorts Inc agreed to acquire Four Seasons Resort Scottsdale, a Scottsdale-based hotel, from Walton Street Capital LLC for $140 million.
MoGas Pipeline LLCCorEnergy Infrastructure Trust125.0CorEnergy 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 CorpVector Capital Corp113.5Vector 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,VABNC Bancorp,Thomasville,NC98.9BNC 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 IncEvolva Holding SA61.0Evolva 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 PlazaCarey Watermark Investors Inc56.7Carey 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 System48.7California 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 IncHubbell Power Systems Inc20.0Hubbell 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 IncValeant Pharmaceuticals Intl20.0Valeant 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.
GroovebookShutterfly Inc14.5Shutterfly Inc acquired Groovebook, a Delaware-based provider of mobile photo book applications, for $14.5 million.
Archetype Credit-LoansColony American Finance LLC11.6Colony 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-MitchellsLandry's Inc10.0Landry'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 LLC10.0Waterton 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 Inc1-Page Ltd4.71-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 FacilityMD Jahirul Islam3.5MD 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 BusFarmer Bros Co1.5Farmer 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 AssetsEVINE Live Inc1.1EVINE 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 LLCPI-2 Texas LLC0.6PI-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 IncAccruent 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 CorpAmarantus 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 IncAnchorage 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 IncApellis Pharmaceuticals LLC Apellis Pharmaceuticals LLC acquired Potentia Pharmaceuticals Inc, a Crestwood-based biotechnology company.
Dead Down Wind LLCArcus 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 ServicesArthur J Gallagher & Co Arthur J Gallagher & Co acquired Miller Harrison Insurance Services, a Muscatine-based insurance agency. Terms were not disclosed.
Fantasy Flight Publishing IncAsmodee 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 PracticeBDO 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 IncBMG Chrysalis US BMG Chrysalis US acquired Vagrant Records Inc, a Los Angeles-based provider of management services for various musicians, artists and entertainers.
Vycon IncCalnetix Technologies LLC Calnetix Technologies LLC acquired Vycon Inc, a Cerritos-based manufacturer of high cycling energy storage flywheel systems and machinery.
Matchbook Labs IncCampaign 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 LLCExplore 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 IncGreenwood 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 IncGroupon 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 LLCGSE 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 LLCGSE 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 IncIn 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 IncInvestor 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 LLCInvestor 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 IncIPC 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 IncLincoln 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 EngineersLogan 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 IncMarketCast 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 IncMedeAnalytics Inc MedeAnalytics Inc acquired OnFocus Healthcare Inc, a Brentwood-based provider of consulting services.
MyWedding LLCMeredith Corp Meredith Corp agreed to acquire MyWedding LLC, a Castle Rock-based provider of online marketplace services.
500friends IncMerkle Inc Merkle Inc acquired 500friends Inc, a San Francisco-based developer of loyalty solution software.
Airxcel IncOne 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 PlazaParkway 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 IncPeak 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 IncPetco 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 CenterPrime 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-MarcellusRegency 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 IncReturn Path Inc Return Path Inc acquired Motley Bunch Inc, a Pleasanton-based developer of technology to parse unstructured email data.
Fisher/Unitech IncRiverside 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.
RotoMetricsSentinel 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&FabricationShareholders 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 IncStructural 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 LtdTransGlobe 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 AssnWells 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 ProbeWinWay 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 PortfolioWorld 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