TargetAcquirerValue ($millions)Synopsis
Sigma-Aldrich CorpMerck KGaA16,946.2Merck 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 IncSiemens AG6,687.3Siemens 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 LLCVeresen Inc1,425.0Veresen 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 IncAcorda Therapeutics Inc525.0Acorda Therapeutics Inc agreed to acquire Civitas Therapeutics Inc, a Chelsea-based biopharmaceutical company, for $525 million in cash.
School Bus Holdings IncHennessy Capital Acquisition Corp486.9Hennessy 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 IIIParkway Properties Inc475.0Parkway 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 IncTriMas Corp360.0TriMas 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 BusinessWestern Refining Logistics LP360.0Western 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 RichmondFord Financial Fund II LP348.8Ford 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 IncTTM Technologies Inc344.4TTM 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 ConstructionSymphony Technology Group LLC320.0Symphony 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 IncBlackhawk Network Holdings Inc291.1Blackhawk 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-AssetsBravo Natural Resources LLC250.0Bravo 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 HealthcareConifer Health Solutions LLC235.0Conifer 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 ShaleAtlas Resource Partners LP225.0Atlas 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 ShaleCabot Oil & Gas Corp210.0Cabot Oil & Gas Corp definitively agreed to acquire an undisclosed Eagle Ford Shale oil and gas property for $210 million.
PAI Group IncSage Group PLC157.8Sage 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 IncMillennial Media Inc88.0Millennial 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 IncLaboratory Corp of America81.7Laboratory 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 IncTrecora Resources73.0Trecora 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, LP66.4Realty Associates Fund X LP acquired two undisclosed office buildings in Fort Lauderdale, Florida, for $66.4 million.
Securities Service Network IncLadenburg Thalmann Financial Services Inc45.0Ladenburg 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 Inc39.2Gramercy Property Trust Inc acquired three undisclosed industrial properties located in Wisconsin, Illinois and Massachusetts for an estimated $39.2 million in cash.
Bear Mountain IncMammoth Mountain Ski Area LLC38.0Mammoth 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 IncPutnam County Savings Bank24.7Putnam 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 OaksWhitestone REIT18.0Whitestone REIT acquired The Strand at Huebner Oaks, a San Antonio-based shopping center, for $18 million.
Smithfield Shopping PlazaSlate Retail REIT14.0Slate Retail REIT of Canada agreed to acquire Smithfield Shopping Plaza, a Smithfield-based grocery-anchored shopping center, for $13.950 million.
Shoppes at Battle BridgeAmerican Realty Capital Properties Inc10.9American Realty Capital Properties Inc acquired Shoppes at Battle Bridge, a Raleigh-based shopping center, for $10.9 million.
Jeremy N Stout IncCannabis Kinetics Corp10.5Cannabis 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 ParkNova Capital Partners LLC7.5Nova Capital Partners LLC acquired the Quorum Business Park of High Associates Ltd, a Charlotte-based real estate agency, for $7.5 million.
Driven Solutions IncInnovation Group PLC7.2Innovation 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 IncPriority Fulfillment Services Inc7.0Priority 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 AssetsSolar Power Inc4.0Solar 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-ZolpiMistAmherst Pharmaceuticals LLC2.2Amherst 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 IncSky Rover Holdings Ltd0.4Sky 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 IncActavis 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 LtdActavis 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 IncAdobe Systems Inc Adobe Systems Inc acquired Aviary Inc, a New York-based developer of photo-editing platforms.
Tydan IT LLCAldridge Co Inc Aldridge Co Inc acquired Tydan IT LLC, an Austin-based provider of information technology services. Terms were not disclosed.
The Benfield Group LLCArthur 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 LPAsheboro 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 LLCAtlas 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 ParkBrennan Investment Group LLC Brennan Investment Group LLC acquired Jackson Industrial Park, an Indiana-based owner and operator of industrial properties.
Danielson Indemnity CoCatalina 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 RealtyColdwell 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-SAFCredentials 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-AssetsDell 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 CorpDelphi 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 IncDixie Group Inc Dixie Group Inc acquired Burtco Enterprises Inc, a Dalton-based manufacturer and wholesaler of soft floor coverings and carpet products.
Cassidy Turley IncDTZ 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 IncDynam 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 IncEline Entertainment Group Inc Eline Entertainment Group Inc acquired Graystone Education Inc, a Scottsdale-based provider education services.
Alliance Pipeline LPEnbridge 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 IncEquity 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 CoFirstService 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 LLCFirstService 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 IncHCA 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 CoHunzicker Brothers Inc Hunzicker Brothers Inc planned to acquire SESCO Electric Supply Co Inc, a Chattanooga-based electrical distributor.
Cinedigm Corp-Hollywood SoftwareInvestor 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 PLCIPC 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 FieldKrewe 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 IncLyft Inc Lyft Inc acquired Corral Labs Inc, a San Francisco-based developer of transportation solution software. Terms were not disclosed.
Louisville BatsManhattan 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 LLCMarathon Patent Group Inc Marathon Patent Group Inc acquired TLI Communications LLC, a Wilmington-based provider of intellectual property services.
Raritan Bay Medical CenterMeridian 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 BankMetcalf 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 IncMetro-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 LLCMint 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,OsageNew 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 LLCOcean 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 IncOtter 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 LLCPremiere Global Services Inc Premiere Global Services Inc acquired TalkPoint Holdings LLC, a New York-based provider of webcasting software and services.
PlayHaven IncScience 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 IncService 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 IncSinglePoint 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 BusinessState 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 IncSunflower 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 IncTelefonaktiebolaget 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 IncTerminus Energy Inc Terminus Energy Inc acquired Florida Access Services Inc, a Lutz-based provider of engineering services.
Hudson Fiber Network IncTiger 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 IncTomra 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 BusinessWebster 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 IncYara 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.
EngodoZEFR Inc ZEFR Inc acquired Engodo Inc, a Salt Lake-based developer of prepackaged software. Terms of the deal were not disclosed.
MethodCare IncZirMed.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