Target Acquirer Value ($millions) Synopsis
Sigma-Aldrich Corp Merck KGaA 16,946.2 Merck KGaA of Germany definitively agreed to acquire the entire share capital of Sigma-Aldrich Corp (Sigma), a St Louis-based manufacturer and wholesaler of biochemical and organic chemicals, for $140 in cash per share or a total share value of $16.946 billion. Upon completion, Sigma common shares were to be delisted from the NASDAQ Stock Market.
Dresser-Rand Group Inc Siemens AG 6,687.3 Siemens AG (Siemens) of Germany definitively agreed to acquire the entire share capital of Dresser-Rand Group Inc (Dresser-Rand), a Houston-based manufacturer and wholesaler of turbines and compressors, for an estimated $86.3 in cash per share, or a total value of $6.687 billion. Originally, Siemens was rumored to be planning to acquire the entire share capital of Dresser-Rand.
Ruby Pipeline LLC Veresen Inc 1,425.0 Veresen Inc, through a wholly-owned unit, agreed to acquire a 50% interest in Ruby Pipeline LLC (Ruby Pipeline), a Colorado Springs-based owner and operator of natural gas pipeline systems, from Global Infrastructure Partners LLC (Global Infrastructure), jointly-owned by Credit Suisse Group AG and GE Infrastructure Inc, ultimately owned by General Electric Co, for $1.425 million in cash. Originally, in April 2014, Global Infrastructure was rumored to be seeking a buyer for its 50% stake in Ruby Pipeline.
Civitas Therapeutics Inc Acorda Therapeutics Inc 525.0 Acorda Therapeutics Inc agreed to acquire Civitas Therapeutics Inc, a Chelsea-based biopharmaceutical company, for $525 million in cash.
School Bus Holdings Inc Hennessy Capital Acquisition Corp 486.9 Hennessy Capital Acquisition Corp (Hennessy) definitively agreed to acquire the entire share capital of School Bus Holdings Inc, a Fort Valley-based manufacturer and wholesaler of school buses, from The Traxis Group BV for an estimated $486.895 million. The transaction was to include Blue Bird Corp. The consideration offered was to consist of $140 million in cash, the issuance of 11.5 million common shares, valued at $111.895 and the assumption of $235 million in liabilities. The shares were valued based on Hennessy's closing stock price of $9.73 on 19 September 2014, the last full trading day prior to the announcement.
Corporate Ctr I,II and III Parkway Properties Inc 475.0 Parkway Properties Inc agreed to acquire three Class A office properties, Corporate Center I, II and III located in Tampa, Florida, for $475 million. The transaction was to include the acquisition of 19 additional office properties located in six states.
ALLFAST Fastening Systems Inc TriMas Corp 360.0 TriMas Corp agreed to acquire ALLFAST Fastening Systems Inc, a City Of Industry-based manufacturer of rivets, for an estimated $360 million.
Western Refining Inc-SW Whl Business Western Refining Logistics LP 360.0 Western Refining Logistics LP agreed to acquire the southwest wholesale business of Western Refining Inc, an El Paso-based manufacturer and wholesaler of oil refined products, for $360 million in cash and common shares.
Mechanics Bank of Richmond Ford Financial Fund II LP 348.8 Ford Financial Fund II LP agreed to acquire 0.013 million common shares, or a 65% interest in Richmond-based Mechanics Bank of Richmond (Mechanics) for $0.027 million in cash per share, or a total value of $348.816 million via a tender offer in a leveraged buyout transaction. The offer was conditioned upon at least 51% of Mechanic's shares being tendered on a fully-diluted basis.
Viasystems Group Inc TTM Technologies Inc 344.4 TTM Technologies Inc (TTM) definitively agreed to acquire the entire share capital of Viasystems Group Inc (Viasystems), a St. Louis-based manufacturer of circuit boards and electro-mechanical solutions, from HM Partners LLC for $344.412 million. TTM offered $11.33 in cash per share and 0.706 common shares per Viasystems share. Based on TTM's closing stock price of $7.27 on 19 September 2014, the last full trading day prior to the announcement, each Viasystems share was valued at $16.463.
McGraw-Hill Construction Symphony Technology Group LLC 320.0 Symphony Technology Group LLC agreed to acquire McGraw Hill Construction (McGraw Hill Construction), a New York-based provider of data information services, from McGraw Hill Financial Inc (McGraw Hill Financial) for $320 million in cash in a leveraged buyout transaction. Originally, in March 2014, McGraw Hill Financial announced that it was seeking a buyer for its McGraw Hill Construction unit.
Parago Inc Blackhawk Network Holdings Inc 291.1 Blackhawk Network Holdings Inc definitively agreed to acquire the entire share capital of Parago Inc, a Lewisville-based provider of incentive and engagement management services, for an estimated $291.1 million in cash.
Canaan Natural Gas PE Funds-Assets Bravo Natural Resources LLC 250.0 Bravo Natural Resources LLC, a unit of Chesapeake Energy Corp, agreed to acquire the producing and gathering assets of Canaan Natural Gas PE Funds, an Oklahoma-based an oil and gas exploration and production company, for $250 million in cash. The transaction was to include 950 operated and non operated wells producing primarily from the Hartshorne Coal and Woodford formations.
SPi Healthcare Conifer Health Solutions LLC 235.0 Conifer Health Solutions LLC, a unit of Tenet Healthcare Corp, definitively agreed to acquire SPi Healthcare, a Tinley Park-based provider of revenue cycle and health information management services, for $235 million.
Undisclosed Eagle Ford Shale Atlas Resource Partners LP 225.0 Atlas Resource Partners LP, a unit of Atlas Energy LP, ultimately owned by Chevron Corp, definitively agreed to acquire undisclosed Eagle Ford Shale oil and gas producing assets, located in Atascosa County, Texas, for an estimated $225 million.
Undisclosed Eagle Ford Shale Cabot Oil & Gas Corp 210.0 Cabot Oil & Gas Corp definitively agreed to acquire an undisclosed Eagle Ford Shale oil and gas property for $210 million.
PAI Group Inc Sage Group PLC 157.8 Sage Group PLC of the UK agreed to acquire PAI Group Inc, a Mt Laurel-based provider of payroll services, for $157.8 million in cash.
Nexage Inc Millennial Media Inc 88.0 Millennial Media Inc (Millennial) definitively agreed to acquire Nexage Inc, a Boston-based provider of mobile advertising services, for an estimated $87.990 million. The consideration offerred was to consist of $22.5 million in cash and the issuance of an estimated 37 million new Millennial common shares valued at an estimated $65.490 million. The shares were values based on Millennial's closing stock price of $1.77 on 22 September 204, the last full trading prior to the announcement.
LipoScience Inc Laboratory Corp of America 81.7 Laboratory Corp of America Holdings definitively agreed to acquire the entire share capital of LipoScience Inc, a Raleigh-based manufacturer of nuclear magnetic resonance diagnostic equipment, for $5.25 in cash per share or a total value of $81.724 million.
SSI Chusei Inc Trecora Resources 73.0 Trecora Resources definitively agreed to acquire the entire share capital of SSI Chusei Inc, a Pasadena-based manufacturer and wholesaler of polymer products, from Schumann Steier Inc for an estimated $73 million.
Undisclosed Office Buildings(2) Realty Associates Fund X, LP 66.4 Realty Associates Fund X LP acquired two undisclosed office buildings in Fort Lauderdale, Florida, for $66.4 million.
Securities Service Network Inc Ladenburg Thalmann Financial Services Inc 45.0 Ladenburg Thalmann Financial Services Inc definitively agreed to acquire Securities Service Network Inc, a Knoxville-based provider of broker dealer services, for $45 million. The consideration offered was to consist of $25 million in cash and $20 million in notes.
Undisclosed Industrial Properties(3) Gramercy Property Trust Inc 39.2 Gramercy Property Trust Inc acquired three undisclosed industrial properties located in Wisconsin, Illinois and Massachusetts for an estimated $39.2 million in cash.
Bear Mountain Inc Mammoth Mountain Ski Area LLC 38.0 Mammoth Mountain Ski Area LLC, a unit of Starwood Capital Group Global LLC, agreed to acquire Bear Mountain Inc, a Big Bear Lake-based owner and operator of ski resorts, from Snow Summit Ski Corp for $38 million.
CMS Bancorp Inc Putnam County Savings Bank 24.7 Putnam County Savings Bank definitively agreed to acquire the entire share capital of CMS Bancorp Inc, a White Plains-based bank holding company, for $13.25 per share, or a total value of $24.682 million. The transaction was to include the acquisition of CMS Bank.
The Strand at Huebner Oaks Whitestone REIT 18.0 Whitestone REIT acquired The Strand at Huebner Oaks, a San Antonio-based shopping center, for $18 million.
Smithfield Shopping Plaza Slate Retail REIT 14.0 Slate Retail REIT of Canada agreed to acquire Smithfield Shopping Plaza, a Smithfield-based grocery-anchored shopping center, for $13.950 million.
Shoppes at Battle Bridge American Realty Capital Properties Inc 10.9 American Realty Capital Properties Inc acquired Shoppes at Battle Bridge, a Raleigh-based shopping center, for $10.9 million.
Jeremy N Stout Inc Cannabis Kinetics Corp 10.5 Cannabis Kinetics Corp signed a letter of intent to acquire to acquire Jeremy N Stout Inc dba The Big Tomato, an Aurora-based provider of hydroponic gardening services, for $10.5 million in cash.
High Associates Ltd-Quorum Business Park Nova Capital Partners LLC 7.5 Nova Capital Partners LLC acquired the Quorum Business Park of High Associates Ltd, a Charlotte-based real estate agency, for $7.5 million.
Driven Solutions Inc Innovation Group PLC 7.2 Innovation Group PLC of the UK acquired Driven Solutions Inc, a Carrolton-based provider of automotive towing and repair services, from AG Roadside LLC for $7.2 million in cash.
LiveAreaLabs Inc Priority Fulfillment Services Inc 7.0 Priority Fulfillment Services Inc, a unit of PFSweb Inc (PFSweb), acquired the entire share capital of LiveAreaLabs Inc, a Seattle-based provider of digital creative agency services, for an estimated $7 million. The consideration offered consisted of $4 million in cash, the issuance of 0.055 million PFSweb restricted common shares and up to $3 million in profit-related payments.
Hawaii Power LLC-Certain Assets Solar Power Inc 4.0 Solar Power Inc (SP), a unit of LDK Solar Co Ltd, agreed to acquire certain assets of Hawaiian Power LLC, a Sacramento-based owner and operator of solar power plants, for $3.95 million. The consideration offered was to consist of $0.5 million in cash and $3.45 million in SP common shares. The assets were comprised of membership and partnership interests in Calwaii Power Holdings LLC and Solar Hub Utilities LLC.
NovaDel Pharma Inc-ZolpiMist Amherst Pharmaceuticals LLC 2.2 Amherst Pharmaceuticals LLC acquired the ZolpiMist product of NovaDel Pharma Inc, a Bridgewater-based manufacturer of pharmaceuticals, for an estimated $2.2 million.
FITT Highway Products Inc Sky Rover Holdings Ltd 0.4 Sky Rover Holdings Ltd of Seychelles agreed to acquire an 80.526% interest, or 30.6 million common shares in FITT Highway Products Inc, a Mission Viejo-based producer and wholesaler of energy drinks, for $0.4 million.
Allergan Inc Actavis PLC   Actavis LC of Ireland was rumored to be planning to acquire the entire share capital of Allergan Inc, an Irvine-based manufacturer of eye care, neuromodulator and skin care pharmaceutical products.
Salix Pharmaceuticals Ltd Actavis PLC   Actavis PLC of Ireland was rumored to be planning to acquire the entire share capital of Salix Pharmaceuticals Ltd, a Raleigh-based manufacturer and wholesaler of specialty prescription pharmaceuticals.
Aviary Inc Adobe Systems Inc   Adobe Systems Inc acquired Aviary Inc, a New York-based developer of photo-editing platforms.
Tydan IT LLC Aldridge Co Inc   Aldridge Co Inc acquired Tydan IT LLC, an Austin-based provider of information technology services. Terms were not disclosed.
The Benfield Group LLC Arthur J Gallagher & Co   Arthur J Gallagher & Co acquired The Benfield Group LLC, a St. Louis-based provider of healthcare consulting services. Terms were not disclosed.
Narricot Industries LP Asheboro Elastics Corp   Asheboro Elastics Corp acquired Narricot Industries LP, a Boykins-based manufacturer of woven narrow fabrics, from International Textile Group Inc.
Roses Southeast Papers LLC Atlas Southeast Papers Inc   Atlas Southeast Papers Inc, a unit of Peak Rock Capital LLC, acquired Roses Southeast Papers LLC, a Sanford-based manufacturer of napkins and paper products.
Jackson Industrial Park Brennan Investment Group LLC   Brennan Investment Group LLC acquired Jackson Industrial Park, an Indiana-based owner and operator of industrial properties.
Danielson Indemnity Co Catalina Holdings Ltd   Catalina Holdings (Bermuda) Ltd of Bermuda definitively agreed to acquire Danielson Indemnity Co, a Long Beach-based investment holding company.
Coldwell Banker Homes Realty Coldwell Banker Residential Brokerage Co   Coldwell Banker Residential Brokerage Co, a unit of Realogy Holdings Corp's NRT LLC unit, acquired Coldwell Banker Homes Realty, a Wantagh-based real estate company, from Manor Gate Realty Inc.
SCRIP-SAFE International Inc-eSCRIP-SAF Credentials Solutions   Credentials Solutions merged with the eSCRIP-SAFE of SCRIP-SAFE International Inc, a Loveland-based provider of document security solutions services. The merged entity was named Credentials eSCRIP-SAFE.
EMC Corp-Assets Dell Inc   Dell Inc was rumored to be planning to acquire the assets of EMC Corp, a Hopkinton-based provider of storage platforms development services. The transaction was to include the core strategic business of EMC.
Antaya Technologies Corp Delphi Automotive PLC   Delphi Automotive PLC definitively agreed to acquire Antaya Technologies Corp, a Cranston-based manufacturer and wholesaler of on-glass electrical connectors. Terms were not disclosed.
Burtco Enterprises Inc Dixie Group Inc   Dixie Group Inc acquired Burtco Enterprises Inc, a Dalton-based manufacturer and wholesaler of soft floor coverings and carpet products.
Cassidy Turley Inc DTZ   DTZ agreed to acquire the entire share capital of Cassidy Turley Inc, a St. Louis-based provider of commercial real estate services. Concurrently, an investor group comprised of TPG Capital LP, PAG Asia Capital of Hong Kong, a unit of Pacific Alliance Group Ltd, and Ontario Teachers' Pension Plan of Canada agreed to acquire DTZ. In December 2013, Cassidy Turley Inc was rumored to be seeking a buyer for the company. Blackstone Group and Newmark Grubb Knight Frank were rumored to be potential bidders.
XGOLF America Inc Dynam Business Support Co Ltd   Dynam Business Support Co Ltd (Dynam Business Support) of Japan, a unit of DYNAM Japan Holdings Co Ltd, agreed to acquire a 50% interest in XGOLF America Inc, a Los Angeles-based developer of golf gaming software, from Dynam Holdings Co Ltd (50%). Concurrently, Dynam Business Support agreed to acquire the entire share capital of X-GOLF JAPAN Co Ltd and a 30% stake in RD-TEK Co Ltd. The three transactions were to have a combined value of $6.405 million in cash.
Graystone Education Inc Eline Entertainment Group Inc   Eline Entertainment Group Inc acquired Graystone Education Inc, a Scottsdale-based provider education services.
Alliance Pipeline LP Enbridge Income Fund   Enbridge Income Fund of Canada, a 67.3%-owned unit of Enbridge Inc (Enbridge), agreed to acquire a 50% interest in Alliance Pipeline LP, an Eden Prairie-based owner and operator of pipeline system and a 50:50 owned unit of Enbridge and Veresen Inc, from Enbridge. The transaction was to include Enbridge's 50% interest in the US segment of the Alliance Pipeline.
Rivet Software Inc Equity Administration Solutions Inc   Equity Administration Solutions Inc acquired the entire share capital of Rivet Software Inc, a Denver-based developer of financial reporting software. Terms of the deal were not disclosed.
Euclid Management Co FirstService Corp   FirstService Corp (FirstService) of Canada acquired Euclid Management Co, an Upland-based provider of property management services. Terms were not disclosed. Concurrently, FirstService acquired AMS SA Management LLC.
AMS SA Management LLC FirstService Corp   FirstService Corp (FirstService) of Canada acquired AMS SA Management LLC, a San Antonio-based provider of residential property management services. Terms were not disclosed. Concurrently, FirstService acquired Euclid Management Co.
PatientKeeper Inc HCA Holdings Inc   HCA Holdings Inc agreed to acquire PatientKeeper Inc, a Waltham-based developer of software and mobile applications software. Terms were not disclosed.
SESCO Electric Supply Co Hunzicker Brothers Inc   Hunzicker Brothers Inc planned to acquire SESCO Electric Supply Co Inc, a Chattanooga-based electrical distributor.
Cinedigm Corp-Hollywood Software Investor Group   An investor group including David Gajda acquired the Hollywood Software division of Cinedigm Corp, a New York-based provider of digital cinema and marketing services, for an undisclosed amount in cash.
Midland Hospitalists PLC IPC The Hospitalist Co Inc   IPC The Hospitalist Co Inc acquired Midland Hospitalists PLC, a Midland-based provider of physician practice services.
JGC Energy Development (USA) Inc-Little Lake Field Krewe Energy LLC   Krewe Energy LLC, a unit of Sage Road Capital, acquired the Little Lake Field of JGC Energy Development (USA) Inc, a Houston-based provider of engineering services, from JGC Corp of Japan.
Corral Labs Inc Lyft Inc   Lyft Inc acquired Corral Labs Inc, a San Francisco-based developer of transportation solution software. Terms were not disclosed.
Louisville Bats Manhattan Capital Sports Acquisition LLC   Manhattan Capital Sports Acquisition LLC agreed to acquire an undisclosed majority interest in Louisville Bats, a Louisville-based owner and operator of a baseball team, from Cincinnati Reds LLC, a unit of Reds Baseball Partners Acquisitons LLC.
TLI Communications LLC Marathon Patent Group Inc   Marathon Patent Group Inc acquired TLI Communications LLC, a Wilmington-based provider of intellectual property services.
Raritan Bay Medical Center Meridian Health System Inc   Meridian Health System Inc signed a letter of intent to merge with Raritan Bay Medical Center, a Perth Amboy-based owner and operator of hospitals.
Douglas County Bank Metcalf Bank,Lee's Summit,Missouri   Metcalf Bank (Metcalf), a unit of Central Bancompany Inc, agreed to merge with Douglasville-based Douglas County Bank (Douglas), a unit of Hamilton State Bancshares Inc's Hamilton State Bank subsidiary. Upon completion, Douglas was to be renamed as Metcalf.
One Three Media Inc Metro-Goldwyn-Mayer Studios   Metro-Goldwyn-Mayer Studios Inc, a unit of Metro-Goldwyn-Mayer Inc, acquired a 55% interest in One Three Media, a New York-based provider of television programming services, from Roma Downey, Mark Burnett and Hearst Entertainment Inc. The transaction included LightWorks Media. Terms were not disclosed. On completion, One Three Media Inc changed its name to United Artists Media Group. Originally, in August 2014, One Three Media Inc was rumored to be seeking a buyer for its undisclosed minority stake.
Investment Capital Fund Group LLC Mint Leasing Inc   Mint Leasing Inc acquired Investment Capital Fund Group LLC, a Macon-based provider of financing services, from Sunset Brands Inc.
Oil and Gas Assets,Osage New Western Energy Corp   New Western Energy Corp signed a letter of intent to acquire oil and gas assets, located in Osage County, Oklahoma. The transaction was to include the Bartlesville Sand, Buzzard Sand, Skinner Sand, and Mississippi Lime properties.
OdorStar Technology LLC Ocean Bio-Chem Inc   Ocean Bio-Chem Inc acquired the remaining 50% interest which it did not already own in OdorStar Technology LLC, a Fort Lauderdale-based manufacturer and wholesaler of chlorine dioxide solutions, from BBL Distributors LLC in cash.
Fullscreen Inc Otter Media   Otter Media (Otter), jointly-owned by AT&T Inc and The Chernin Group LLC, agreed to acquire an undisclosed majority stake in Fullscreen Inc (Fullscreen), a Culver City-based multi-media company. Terms were not disclosed. Originally, in May 2014, Fullscreen was rumored to be seeking a buyer for the company. Relativitiy Media LLC, Yahoo Inc and Otter were rumored bidders.
TalkPoint Holdings LLC Premiere Global Services Inc   Premiere Global Services Inc acquired TalkPoint Holdings LLC, a New York-based provider of webcasting software and services.
PlayHaven Inc Science Media LLC   Science Media LLC acquired PlayHaven Inc, a San Francisco-based provider of computer gaming programming services, from Upsight Inc in a leveraged buyout transaction. Terms were not disclosed.
Marco's Auto Body Inc Service King Paint & Body LLC   Service King Paint & Body LLC acquired Marco's Auto Body, a San Gabriel-based provider of automobile collision repair services.
GreenStar Payment Solutions Inc SinglePoint Inc   SinglePoint Inc signed a letter of intent to acquire the remaining 66.667% interest which it did not already own in Greenstar Payment Solutions Inc (Greenstar), a Denver-based developer of payment and merchant solutions software, from Advanced Content Services Inc and the management of Greenstar.
Cigna Corp-HSA Admin Business State Bank of Howard Grove,Wisconsin   State Bank of Howard Grove, a unit of Webster Bank National Association, ultimately owned by Webster Financial Corp, agreed to acquire the health savings account administration business of Cigna Corp, a Bloomfield-based provider of healthcare insurance services. Terms were not disclosed.
First Western Financial Inc Sunflower Financial Inc   Sunflower Financial Inc definitively agreed to merge with First Western Financial Inc, a Denver-based provider of financial services and a bank holding company. Terms were not disclosed.
Apcera Inc Telefonaktiebolaget Lm Ericsson   Telefonaktiebolaget Lm Ericsson of Sweden agreed to acquire an undisclosed majority interest in Apcera Inc, a San Francisco-based provider of policy-driven platforms.
Florida Access Services Inc Terminus Energy Inc   Terminus Energy Inc acquired Florida Access Services Inc, a Lutz-based provider of engineering services.
Hudson Fiber Network Inc Tiger Infrastructure Partners LP   Tiger Infrastructure Partners LP definitively agreed to acquire undisclosed majority interest in Hudson Fiber Network Inc, a Paramus-based provider of data transport services, in a leveraged buyout transaction. Terms were not disclosed.
Undisclosed Franchised Restaurants(13) Togos Eateries Inc   Togo's Eateries Inc, a unit of Mainsail Partners, acquired 13 franchised restaurants located in East Bay and San Jose, California.
Greenbean Recycle Inc Tomra Systems ASA   Tomra Systems ASA of Norway agreed to acquire Greenbean Recycle Inc, a Somerville-based developer of reverse vending machine software. Terms were not disclosed.
JPMorgan Chase Bank NA-HSA Business Webster Financial Corp   Webster Financial Corp definitively agreed to acquire the health savings account business of JPMorgan Chase Bank NA, a New York-based investment bank and a unit of JPMorgan Chase & Co, for an undisclosed amount in cash.
CF Industries Holdings Inc Yara International ASA   Yara International ASA of Norway planned to acquire the entire share capital of CF Industries Holdings Inc, a Deerfield-based manufacturer and wholesaler of nitrogen fertilizer products.
Engodo ZEFR Inc   ZEFR Inc acquired Engodo Inc, a Salt Lake-based developer of prepackaged software. Terms of the deal were not disclosed.
MethodCare Inc ZirMed.com Inc   ZirMed.Com Inc acquired MethodCare Inc, a Chicago-based developer of analytical solutions software.
US M&A Deals Announced September 21 - September 26, 2014      
Source: Thomson Reuters      

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.