Target | Acquirer | Value ($millions) | Synopsis |
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Devon Energy Corp-Non-Core Assets | LINN Energy LLC | 2,300.00 | LINN Energy LLC definitively agreed to acquire the non-core assets of Devon Energy Corp, an Oklahoma-based oil and gas exploration and production company, from EnLink Midstream LLC for $2.3 billion. |
LightSquared Inc | Investor Group | 1,750.00 | An investor group comprised of Cerberus Capital Management LP, Fortress Investment Group LLC and JP Morgan Chase & Co planned to acquire a 74% interest in bankrupt LightSquared Inc, a Reston-based provider of wireless telecommunication services, from Harbinger Capital Partners LLC for $1.75 billion in cash in a leveraged buyout transaction. |
Seragon Pharmaceuticals Inc | Genentech Inc | 1,725.00 | Genentech Inc, a wholly-owned unit of Roche Holding AG, definitively agreed to acquire Seragon Pharmaceuticals Inc, a San Diego-based manufacturer of pharmaceutical products, for an estimated $1.725 billion. The consideration was to consist of $725 million in cash and up to $1 billion in profit-related payments. |
Flagstone Foods | TreeHouse Foods Inc | 860.00 | TreeHouse Foods Inc (TreeHouse) definitively agreed to acquire the entire share capital of Flagstone Foods (Flagstone), a Saint Paul-based producer of trail mixes, from Gryphon Investors Inc (Gryphon) for $860 million in cash. Originally, in January 2014, Gryphon was rumored to be seeking a buyer for Flagstone Foods. |
Small Bone Innovations Inc | Stryker Corp | 375.00 | Stryker Corp definitively agreed to acquire Small Bone Innovations Inc, a Morrisville-based manufacturer and wholesaler of surgical implants and supplies, for an estimated $375 million. |
Paratek Pharmaceuticals Inc | Transcept Pharmaceuticals Inc | 333.33 | Transcept Pharmaceuticals Inc (Transcept) definitively agreed to acquire the entire share capital of Paratek Pharmaceuticals Inc, a Boston-based manufacturer of pharmaceutical products, in exchange for an estimated 167. 5 million Transcept new common shares valued at $333.325 million in a reverse takeover transaction. The shares were valued based on Transcept's closing stock price of $1.99 on 30 June 2014, the last full trading day prior to the announcement. Upon completion, Transcept will be renamed to Paratek Pharmaceuticals Inc. |
Stone Energy Corp-Non-Core Assets | Talos Energy LLC | 317.00 | Talos Energy LLC definitively agreed to acquire non-core conventional shelf properties, located in Gulf of Mexico, from Stone Energy Corp, a Lafayette-based oil and gas exploration and production company, for an estimated $317 million. The consideration was to consist of $200 million in cash and the assumption of $117 million in liabilities. |
Vectren Fuels Inc | Sunrise Coal LLC | 316.00 | Sunrise Coal LLC, a subsidiary of Hallador Energy Co, agreed to acquire Vectren Fuels Inc, an Evansville-based provider of coal mining services, from Vectren Corp for $316 million in cash. |
Vitacost.com Inc | Kroger Co | 272.43 | Kroger Co definitively agreed to merge with Vitacost. com Inc (Vita), a Boca Raton-based provider of online retailing and direct marketing services, for $8 in cash per share, or a total value of $272.43 million via a tender offer. The offer was conditioned upon at least a majority of Vita's shares being tendered. |
Enventis Corp | Consolidated Communications Holdings Inc | 225.92 | Consolidated Communications Holdings Inc (Consolidated) definitively agreed to acquire the entire share capital of Enventis Corp (Enventis), a Mankato-based provider of telecommunications services, in a stock swap transaction valued at $225.915 million. Consolidated offered 0.7402 common share per Enventis share. Based on Consolidated's closing stock price of $22.29 on 27 June 2014, the last full trading day prior to the announcement, each Enventis share was valued at $16.499. |
Beazer Pre-Owned Rental Homes | American Homes 4 Rent | 208.93 | American Homes 4 Rent (AMH) acquired the entire share capital of Beazer Pre-Owned Rental Homes Inc, a Scottsdale-based owner and operator of pre-owned rental homes, for $208.934 million in a stock swap transaction. The consideration consisted of $5 million in cash and the issuance of 8.2 million AMH common shares valued at $203.934 million. The shares were valued based on AMH's closing stock price of $24.87 on 30 June 2014, the last full trading day prior to the announcement. |
Geneva Capital Management Ltd | Henderson Global Investors Ltd | 200.00 | Henderson Global Investors Ltd of the UK, a unit of Henderson Group PLC, agreed to acquire the entire capital of Geneva Capital Management Ltd, a Milwaukee-based investment advisory firm, for an estimated $200 million. The consideration was to consist of $130 million and up to $70 million in profit-related payments. |
Precision Genome Engineering | Bluebird Bio Inc | 156.01 | Bluebird Bio Inc (Bluebird) agreed to acquire the entire share capital of Precision Genome Engineering Inc, a Seattle-based biotechnology company, for an estimated $156.006 million. The consideration was to consist of the issuance of 0.409 million common shares valued at $16.006 mil, the assumption of $4.9 million in liabilities and $135 million in profit-related payments. The shares were valued based on Bluebird's closing stock price of $39.41 on 27 June 2014, the last full trading prior to the announcement. |
Tilera Corp | EZchip Semiconductor Ltd | 130.00 | EZchip Semiconductor Ltd of Israel definitively agreed to acquire the entire share capital of Tilera Corp, a San Jose-based manufactures processor design semiconductors, for an estimated $130 million. The consideration was to consist of $50 million in cash and $80 million in profit-related payments. |
Trans Ova Genetics LC | Intrexon Corp | 110.00 | Intrexon Corp (Intrexon) definitively agreed to acquire Trans Ova Genetics LLC, a Sioux-based provider of reproductive reproductive technologies and animal husbandry services, for $110 million. The consideration was to consist of $60 million in cash, $30 million in Intrexon common shares and up to $20 million in deferred payments. |
McGraw Hill Financial-Facility | QTS Realty Trust Inc | 75.00 | QTS Realty Trust Inc acquired a data center facility in East Windsor, New Jersey from McGraw Hill Financial Inc, a New York-based financial intelligence company, for an estimated $75 million. |
Placemark Holdings Inc | Envestnet Inc | 66.00 | Envestnet Inc agreed to acquire Placemark Holdings Inc, an Addison-based provider of wealth management solution services and a developer of Unified Managed Account, for $66 million in cash. |
Novus Biologicals LLC | Techne Corp | 60.00 | Techne Corp acquired Novus Biologicals LLC, a Littleton-based biotechnology company, from Mainsail Partners for $60 million in cash. |
Benshaw Inc | Regal Beloit Corp | 50.00 | Regal Beloit Corp acquired Benshaw Inc, a Pittsburgh-based manufacturer of motor starters and controllers, from Curtiss-Wright Corp for an estimated $50 million in cash. |
Grow Mobile Inc | Perion Network Ltd | 42.00 | Perion Network Ltd of Israel definitively agreed to acquire Grow Mobile Inc, a San Francisco-based developer of mobile application software, for an estimated $42 million. The consideration was to consist of $10 million in cash, $7 million in Perion common shares and up to $25 million in profit-related payments. |
Ventura Lakes,Punta Gorda,Florida | Murex Properties LLC | 19.00 | Murex Properties LLC acquired Ventura Lakes, a Punta Gorda-based owner and operator of a home community, for $19 million. |
ASR Pro LLC | DealerTrack Technologies Inc | 17.00 | Dealertrack Technologies Inc (Dealertrack) acquired ASR Pro LLC, a Raleigh-based developer of web-based software, for an estimated $17 million. The consideration consisted of $12 million in cash, $2 million in Dealertrack common shares and up to $3 million in profit-related payments. |
American Consolidated Media | New Media Investment Group Inc | 15.30 | New Media Investment Group Inc (New Media) acquired American Consolidated Media Inc, an Irving-based publisher of newspapers. Concurrently, New Media acquired The Progress-Index. The two transactions have combined value of $15.3 million. |
Guardian Industries Inc | Altra Industrial Motion Corp | 15.25 | Altra Industrial Motion Corp acquired the entire share capital of Guardian Industries Inc, a Michigan City-based manufacturer of flywheel, motion control and general industrial couplings products, for $15.25 million. |
JM Waller Associates Inc | Versar Inc | 13.00 | Versar Inc acquired JM Waller Associates Inc, a Fairfax-based provider of consulting services, for $13 million. |
Sterner Insurance Associates | Univest Insurance Inc | 10.50 | Univest Insurance Inc, a unit of Univest Corp of Pennsylvania, acquired Coopersburg-based Sterner Insurance Associates Inc, for $10.5 million. The consideration consisted of $3.9 million cash, the assumption of $0.9 million in liabilities and up to $5. 7 million in profit-related payments. |
Exhaust Technologies Inc | P&F Industries Inc | 10.38 | P&F Industries Inc acquired the entire share capital of Exhaust Technologies Inc, a Spokane-based manufacturer of machine hand tools, from Robert E. Sterling and Mary Louise Sterling for $10.377 million in cash. |
Aciex Therapeutics Inc | NicOx SA | 10.06 | Nicox SA (Nicox) agreed to acquire the entire share capital of Aciex Therapeutics Inc, a Westborough-based manufacturer of ophthalmic pharmaceuticals, in exchange of 20.627 new Nicox ordinary shares valued at $10.062 million. The shares were valued based on Nicox's closing stock price of $0.4878 on 1 July 2014, the last full trading day before the announcement. |
Ohmdata Inc | Wandisco PLC | 2.40 | WANdisco PLC of the UK acquired OhmData Inc, a San Francisco-based developer of Apache HBase database solution software, in exchange for 0.274 million new ordinary shares valued at $2.4 million. The shares were valued based on WANdisco's closing stock price of $8.76 on 27 June 2014, the last full trading day prior to the announcement. |
American Patriot Financial Group Inc | Complete Financial Solutions Inc | 1.30 | Complete Financial Solutions Inc definitively agreed to acquire the entire share capital of American Patriot Financial Group Inc, a Greeneville-based bank holding company, for $1.295 million. |
Plastic Trim International Inc | Enboma Investments Ltd | 0.45 | Enboma Investments Ltd of Hong Kong agreed to acquire the remaining 4.19% stake, which it did not already own, in Plastic Trim International Inc, a Farmington Hills-based manufacturer of plastic injection and extrusions, for $0.45 million. |
AFA Foods Inc | AFS All-American Millwork & Fabrication LLC | | AFS All-American Millwork & Fabrication LLC acquired AFA Foods Inc, a Savannah-based manufacturer of food service equipment, from Standex International Corp. |
Valley Hydroponics & Organics | American Green Inc | | American Green Inc acquired the assets of Valley Hydroponics & Organics, a Sonoma-based provider of gardening supplies. The transaction was to include Valley Hydroponics & Organics's inventory, business name and web presence. |
Altius Healthcare | Amerita Inc | | Amerita Inc, a unit of PharMerica Corp, acquired Altius Healthcare, a Prescott-based provider of infusion therapy and specialty pharmacy services. Terms of the transaction were not disclosed. |
Pierpont Securities LLC | Amherst Securities Group LP | | Amherst Securities Group LP, a unit of Amherst Holdings LLC, definitively agreed to acquire the entire share capital of Pierpont Securities LLC, a Stamford-based provider of securities brokerage and investment advisory services, from Pierpont Securities Holdings LLC. Terms were not disclosed. |
Continuum Electro-Optics Inc | Amplitude Systemes SA | | Amplitude Systemes SA of France definitively agreed to acquire Continuum Electro-Optics Inc, a Santa Ana-based manufacturer of solid state laser products, from Excel Continuum Corp, a unit of the Excel Continuum Corp subsidiary of GSI Group Inc's Excel Technology unit. |
Accurate Paper Recycling Inc | Atlas Paper Mills LLC | | Atlas Paper Mills LLC, a unit of Peak Rock Capital LLC, acquired Accurate Paper Recycling Inc, a Tampa-based provider of paper recycling services. |
International Money Mgmt Inc | Axiologix Inc | | Axiologix Inc signed a Letter of Intent {LOI} to acquire an undisclosed majority interest in International Money Management Inc, an Irvine-based provider of money transfer and remittance services. The consideration was to consist of an undisclosed number of Axiologix Inc common shares. |
Zalk Steel & Supply Co | AZZ Inc | | AZZ Inc acquired Zalk Steel & Supply Co, a Minneapolis-based manufacturer of iron and steel and provider of galvanizing services. |
Swain Creations Inc | BBX Sweet Holdings LLC | | BBX Sweet Holdings LLC, a unit of BBX Capital Corp, acquired Swain Creations Inc, a Solana Beach-based producer of chocolate products |
Slone Lumber Co Inc | Builders FirstSource Inc | | Builders FirstSource Inc acquired Slone Lumber Co Inc, a Santa Fe-based wholesaler of building materials. |
Paramount Windows | Cascade Windows Inc | | Cascade Windows Inc, a majority-owned unit of Altamont Capital Partners, acquired Paramount Windows, a Tempe-based manufacturer and wholesaler of window and doors. Terms were not disclosed. |
Jordan Acquisition Group LLC | Cylon Energy Inc | | Cylon Energy Inc, a unit of Cylon Controls Ltd, acquired Jordan Acquisition Group LLC, dba American Auto-Matrix LLC, an Export-based manufacturer of building automation systems. |
DDS Lab LLC | DDS Lab LLC SPV | | DDS Lab LLC SPV, a special purpose acquisition vehicle formed by CITIC Capital Partners Ltd, Blue Sea Capital LLC, and the management of DDS Lab LLC (DDS), acquired DDS, a Tampa-based owner and operator of a dental laboratory, in a leveraged buyout transaction. Terms were not disclosed. |
Predictive Edge | Dropbox Inc | | Dropbox Inc acquired Predictive Edge, a Mountain View-based provider of e-commerce customization platform services. Terms were not disclosed. |
LiveRail Inc | Facebook Inc | | Facebook Inc acquired LiveRail Inc, a San Francisco-based provider of online advertising services. Terms were not disclosed. |
Wise Choice Propane LLC | Ferrellgas Partners LP | | Ferrellgas Partners LP acquired Wise Choice Propane LLC, a Mount Vernon-based retailer of propane products. Terms were not disclosed. |
Sourcebits Inc-Services Division | Globo PLC | | Globo PLC of the UK acquired the services division of Sourcebits Inc, a San Francisco-based developer of mobile application software, for an undisclosed amount in cash. |
Songza Inc | Google Inc | | Google Inc agreed to acquire Songza Inc, a Long Island City-based provider of online music services, from Amie Street Inc. Terms were not disclosed, but according to people familiar with the transaction, the deal had a value of an estimated $15 million. |
Cooper-Standard Auto-Products | Halla Visteon Climate Control | | Halla Visteon Climate Control Corp of South Korea, a majority-owned unit of Visteon Corp, agreed to acquire the thermal and emissions product lines of Cooper-Standard Automotive Inc, a Novi-based manufacturer and wholesaler of automotive components and a unit of Cooper-Standard Holdings Inc. |
Sungear Inc | H-D Advanced Manufacturing Co | | H-D Advanced Manufacturing Co, a joint venture between Riverside Co and Hicks Equity Partners LLC, a unit of Hicks Holdings LLC, acquired Sungear Inc, a San Diego-based manufacturer of aerospace gears and assemblies. |
SchoolChapters Inc | Houghton Mifflin Harcourt Co | | Houghton Mifflin Harcourt Co acquired SchoolChapters Inc, a West Hartford-based provider of childhood education online portfolio management solutions. |
Viking Oil & Gas LLC | Kentucky Natural Gas & Oil Inc | | Kentucky Natural Gas & Oil Inc, a unit of Sterling Energy Group Inc, acquired Viking Oil & Gas LLC, a Kentucky-based owner and operator of gas pipelines, from Viking Energy Holdings LLC. The transaction included Viking Gas Pipeline LLC. |
iPass-Unity Managed Network | Kyrus Solutions Inc | | Tolt Solutions Inc, a unit of Reservoir Capital Group LLC's Clearlake Capital Group LP subsidiary, acquired the Unity Managed Network Services division of iPass Inc, a Redwood Shores-based provider of software enterprise services. |
Zeta Associates Inc | Lockheed Martin Corp | | Lockheed Martin Corp definitively agreed to acquire the entire share capital of Zeta Associates Inc, a Fairfax-based provider of engineering services. Terms were not disclosed. |
Summit Mortgage Inc | MutualBank | | MutualBank, a unit of MutualFirst Financial Inc, definitively agreed to acquire Summit Mortgage Inc, a Fort Wayne-based mortgage bank. |
Hi-Performance Fastening | MW Industries Inc | | MW Industries Inc, a unit of Genstar Capital LLC, acquired Hi-Performance Fastening Systems, a Bensenville-based manufacturer of precision products. Terms were not disclosed. |
AVID Design Inc | Myelin Health | | Myelin Health, a unit of Baird Capital Partners, acquired AVID Design Inc, a Norcross-based provider of website design and development services. Terms were not disclosed. |
SAC Federal Credit Union | NAFCO Federal Credit Union | | NAFCO Federal Credit Union planned to merge with SAC Federal Credit Union, a Papillion-based federal credit union. |
The Progress-Index | New Media Investment Group Inc | | New Media Investment Group Inc (New Media) acquired The Progress-Index, a Petersburg-based publisher of newspaper, from Times-Shamrock Communications Inc. Concurrently, New Media acquired American Consolidated Media Inc. The two transactions had a combined value of $15.3 million. |
Cliptamatic | NowThisNews | | NowThisNews acquired Cliptamatic, a New York-based developer of mobile applications software. Terms were not disclosed. |
Twin Oaks Savings Bank | Ottawa Savings Bank FSB | | Ottawa Savings Bank FSB, a unit of Ottawa Savings Bancorp Inc, agreed to merge with Twin Oaks Savings Bank, a Marseilles-based chartered savings bank. |
Crown Partners LLC | Publicis Groupe SA | | Publicis Groupe SA of France acquired Crown Partners LLC, a Dayton-based provider of business content automation and optimization products. |
TastemakerX | Rdio Inc | | Rdio Inc acquired TastemakerX, a San Francisco-based provider of content sharing services. |
SEMICOA-Semiconductor Business | Secure Communication Systems | | Secure Communication Systems Inc, a unit of Vance Street Capital LLC, acquired Semiconductor Components Business of SEMICOA Inc, located in Costa Mesa, a manufacturer of semiconductors and related products and a unit of Microsemi Corp. |
Weinsten Co LLC-TV Division | Shareholders | | Weinsten Co Inc planned to spin off its television division to its shareholders. |
Convey Compliance Systems Inc | Taxware LLC | | Taxware LLC, a unit of Vista Equity Partners, planned to acquire the entire share capital of Convey Compliance Systems Inc, a Minnetonka-based provider of financial services. Terms were not disclosed. |
Master Metrology Inc | Trescal SA | | Trescal SA of France, a unit of Ardian SA, acquired Master Metrology Inc, a Towson-based provider of calibration services. Terms were not disclosed. |
TapCommerce Inc | Twitter Inc | | Twitter Inc agreed to acquire TapCommerce Inc, a New York-based mobile technology company. |
All Keys Reporting | US Legal Support Inc | | US Legal Support Inc acquired All Keys Reporting, a Marathon-based provider of legal transcription services. |
Specialty Fertilizer Products LLC | Verdesian Life Sciences LLC | | Verdesian Life Sciences LLC, a unit of Pain & Partners LLC, acquired Specialty Fertilizer Products LLC, a Leawood-based manufacturer of agricultural fertilizers. |
Sport Chalet Inc | Vestis Retail Group LLC | | Vestis Retail Group LLC planned to acquire the entire share capital of Sport Chalet Inc, a La Canada-based owner and operator of specialty sporting goods superstores. |
PACCAR Inc | Volkswagen AG | | Volkswagen AG of Germany, a unit of Porsche Automobil Holding SE, was rumored to be planning to launch a tender offer to acquire the entire share capital of PACCAR Inc, a Bellevue-based manufacturer of trucks and amphibious vehicles, mining machinery, winches and railroad equipment. |
US Manufacturing Corp | Wynnchurch Capital Ltd | | Wynnchurch Capital Ltd acquired US Manufacturing Corp, a Warren-based manufacturer of axle housings, in a leveraged buyout transaction. |
US M&A Deals Announced June 29 - July 3, 2014 | | | |
Source: Thomson Reuters | | | |