Target | Acquirer | Value ($millions) | Synopsis |
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Thermal Dynamics International LLC | Zhejiang Yinlun Machinery Co Ltd | 56.7 | Zhejiang Yinlun Machinery Co Ltd of China agreed to pay $56.65 million to acquire the entire share capital of Thermal Dynamics International LLC, an Ontario-based manufacturer and wholesaler of advanced technology heat exchangers. |
Lake National Bank,Mentor,Ohio | CNB Financial Corp | 24.8 | CNB Financial Corp definitively agreed to acquire the entire share capital of Mentor-based Lake National Bank for an estimated $24.75 million in cash. |
Spectrum Technologies Inc | Transcat Inc | 11.8 | Transcat Inc paid $11.75 million to acquire Spectrum Technologies Inc, a Paxinos-based provider of commercial calibrations, test equipment repair services. The consideration consisted of $11.25 million in cash and up to $0.5 million in profit-related payments. |
Slide the City LLC | Sack Lunch Productions Inc | 4.2 | Sack Lunch Productions Inc, a unit of Artistmss International Group Inc, acquired the remaining 33.3% stake it did not already own in Slide the City LLC, a Salt Lake City-based provider of slip and slide evets services, for $4.17 million in series A preferred shares. The transaction included Slide the City Franchising LLC, Slide the City Canada LLC, and The Lantern Fest LLC. |
E-N-G Mobile Systems Inc | PositiveID Corp | 1.0 | PositiveID Corp, a unit of VeriTeQ Corp, acquired the entire share capital of E-N-G Mobile Systems Inc, a Concord-based manufacturer of specialty vehicles, from Dick Glass for an estimated $1. 013 million. The consideration consisted of $0.75 million in cash, $0.15 million in convertible promissory note, and up to $0.113 million in profit-related payments. |
Marianas Labs | 1-Page Ltd | | 1-Page Ltd of Australia, a unit of Hillgrove Resources Ltd, acquired Marianas Labs, a Pittsburgh-based provider of data processing, data science and machine learning services. Terms were not disclosed. |
Delfin Group USA LLC | Amalie Oil Co | | Amalie Oil Co, a unit of Packers Acquisition Corp, acquired Delfin Group USA LLC, a North Charleston-based manufacturer of petroleum lubricants. |
Gulf Oil LP-Refined Products Terminals,PA(4) | Arc Logistics Partners LP | | Arc Logistics Partners LP agreed to acquire 4 refined products terminals of Gulf Oil LP, a Framingham-based wholesaler refined petroleum products, ultimately owned by Chelsea Petroleum Products I LLC. The transaction would include terminals located in Altoona, Mechanicsburg, Dupont and South Williamsport, Pennsylvania. |
Famous Brands LLC | Aristocrat Group Corp | | Aristocrat Group Corp signed a Letter of Intent to acquire Famous Brands LLC, a Houston-based producer of beverage alcohol products. |
Talking Rain Beverage Co Inc | Asahi Group Holdings Ltd | | Asahi Group Holdings Ltd of Japan, was rumored to be planning to acquire Talking Rain Beverage Co Inc, a Preston-based manufacturer of bottled water. The terms of the transaction were not disclosed, but according to sources privy to the transaction, the deal is estimated to worth $415 million. |
Statewide Wholesale Inc | Beacon Roofing Supply Inc | | Beacon Roofing Supply Inc acquired Statewide Wholesale Inc, a Denver-based wholesaler of residential and commercial roofing and related products. |
Calumet Bancshares Inc | Calumet Bancorp Inc | | Calumet Bancorp Inc, a unit of FBOP Corp,Oak Park, Illinois, acquired Calumet Bancshares Inc, a Brillion-based bank holding company. |
Fitness First Inc | Combat Brands LLC | | Combat Brands LLC acquired Fitness First Inc, a Kansas-based online retailer. |
United American Savings Bank | Emclaire Financial Corp, Emlenton,Pennsylvania | | Emclaire Financial Corp,Emlenton, Pennsylvania planned to acquire the remaining stake it did not already own in United American Savings Bank, a Pittsburgh-based credit card issuer. |
Starin Marketing Inc | Employee Stock Ownership Plan | | Starin Marketing Inc ESOPacquired a 51.4% interest in Starin Marketing Inc, a Chesterton-based provider of audio, video, multimedia, lighting, and communication solutions. |
ColorMaster Automotive Paint Inc | FinishMaster Inc | | FinishMaster Inc, a unit of Uni-Select Inc, agreed to acquire ColorMaster Automotive Paint Inc, a St. Louis-based wholesaler of automotive supplies. |
Metem Corp | General Electric Co | | General Electric Co agreed to acquire Metem Corp, a Parsippany-based manufacturer and wholesaler of machining and assembled turbine super-alloy components. |
Continental General Insurance Co | HC2 Holdings Inc | | HC2 Holdings Inc acquired Continental General Insurance Co, an Austin-based provider of health insurance services, from American Financial Group Inc. |
Canberra Industries Inc | Investor Group | | Canberra Industries Inc SPV, a specialpurpose acquisition vehicle formed by Charterhouse Capital Partners LLP and Mirion Technologies Inc, planned to acquire Canberra Industries Inc, a Meriden-based manufacturer of nuclear measurement devices. The acquirer plans to purchase the target from Areva Inc, ultimately owned by the French state-owned Areva SA, via a leveraged buyout deal Originally, Areva announced that it was seeking a buyer for its Canberra unit. |
Brushy Resources Inc | Lilis Energy Inc | | Lilis Energy Inc definitively agreed to merge with Brushy Resources Inc, a San Antonio-based oil and gas exploration and production company, for an estimated $13.55 million. The consideration would consist of the assumption of up to $13.55 million in liabilities and the issuance of an undisclosed amount in Lilis common shares. |
SW Caging Corp | Moore DM Group LLC | | Moore DM Group LLC acquired SW Caging Corp, a Topeka-based provider of caging services. |
Southwest Publishing & Mailing Corp | Moore DM Group LLC | | Moore DM Group LLC acquired Southwest Publishing & Mailing Corp, a Topeka-based provider of printing and mailing services. |
Cincinnati Commercial Real Estate Inc | Newmark Grubb Knight Frank | | Newmark Grubb Knight Frank, a unit of BGC Partners Inc, acquired Cincinnati Commercial Real Estate Inc, a Cincinnati-based provider of real estate services. Terms were not disclosed. |
Absolute Advantage Insurance Services llc | NFP Corp | | NFP Corp, a unit of Madison Dearborn Partners LLC, acquired Absolute Advantage Insurance Services llc, a Lake Havasu City-based insurance agency. |
American Residential Gap LLC | ProGreen Properties Inc | | ProGreen Properties Inc, a unit of EIG Venture Capital Ltd, signed a Letter of Intent to acquire the entire share capital of American Residential Gap LLC, a real estate investment firm, from American Residential Fastigheter AB. |
Fresh & Easy LLC | Safeway Inc | | Safeway Inc, a unit of AB Acquisition LLC, acquired Fresh & Easy LLC, a San Jose-based supermarket operator. |
Marcus & Millichap Inc-Shopping Center Portfolio | Seeking Buyer | | In December 2015, Marcus & Millichap Inc, a Calabasas-based residential property manager, announced that it is seeking a buyer for its shopping center portfolio. |
Pure Metal Recycling LLC-Assets | Seeking Buyer | | In December 2015, Pure Metal Recycling LLC, a Chicago-based manufacturer of recycled metal products, announced that it is seeking a buyer for its assets. |
Cargill Inc-Crop Insurance Business | Silveus Insurance Group Inc | | Silveus Insurance Group Inc planned to acquire the crop insurance business of Cargill Inc, a Minneapolis-based soybean processor. Terms were not disclosed. |
NewCom International Inc | SpeedCast International Ltd | | SpeedCast International Ltd of Australia definitively agreed to acquire NewCom International Inc, a Miami-based provider of satellite and terrestrial communications services. |
Seifer Kitchen Design Center | US LBM Holdings LLC | | US LBM Holdings LLC, jointly owned by BlackEagle Partners LLC and Building Industry Partners LLC, acquired Seifer Kitchen Design Center, a Pine Brook-based provider of kitchen and bath cabinetry design services. |
Load King Trailers | Utility One Source | | Utility One Source acquired Load King Trailers, a Bridgeview-based manufacturer of travel trailers. |
National Paint Industries Inc | Valentus Specialty Chemicals Inc | | Valentus Specialty Chemicals Inc, a unit of Huron Capital Partners LLC, acquired National Paint Industries Inc, a North Brunswick-based manufacturer specialty paint products. |
US M&A Deals Announced December 27-December 30, 2015 | | | |
Source: Thomson Reuters | | | |