Tag: transactions

15
May

Atkins Nutritional – Goes public in merger with a blank check company

Atkins Nutritionals Holdings, a packaged food company owned by Roark Capital Group, was acquired in a deal worth $730 million by Conyers Park Acquisition Corp (NasdaqCM: CPAA) on April 10, 2017. The Selling shareholders will receive $730.1 million in total consideration through a combination of $653 million in cash ($402.5 million of cash held in Buyer’s trust account, $150 new

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18
Apr

Clinical Transformation meets Digital Transformation with huge contingent payout potential

On March 6, 2017, it was announced that Tech Mahindra (America), Inc. signed a definitive agreement to acquire CJS Solutions Group LLC, d/b/a ‘The HCI Group’ for a total price of approximately USD 220 million. The deal consists of 84.7% interest of HCI Group to be acquired for present enterprise value of USD 110 million, out of which USD 89.5

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13
Feb

Auxilio Acquired CynergisTek for $34M in Combination of Stock, Cash, Seller Notes and Earn-Out

In January this year Auxilio Inc. (OTCQB: AUXOD), a provider of complete document workflow solutions and IT security services, made its 3rd acquisition with the purchase of 100% stock of CynergisTek Inc., a privately held healthcare IT security firm, in a deal worth $34 million. The deal consists of $14 million in cash, 1.17 million shares of Auxilio shares, $9

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12
Sep

Media.Net Acquisition by Chinese Consortium Worth $900M

Media.net, an ad tech start-up founded by Divyank Turakhia, was acquired August in an all-cash $900M worth deal by a Chinese Consortium, helmed by Mr. Zhiyong Zhang. Mr. Zhang chairs Beijing Miteno Communication Technology Co. Ltd. (SZ. 300038), a technology, media and telecom business. Media.net is a large and thriving business with $232M in IFRS revenue in 2015, ninety percent

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5
Aug

Symmetry Surgical Acquisition: Take-Private Transaction of $140.3M

On July 5, 2016 RoundTable Healthcare Partners, a private equity firm with an exclusive focus on healthcare industry, announced the closing of the acquisition agreement with Nashville-based Symmetry Surgical Inc. (NASDAQ:SSRG) for $140.3 million. The target is a leading manufacturer and distributor of surgical instrumentation and specialty devices. Symmetry Surgical acquisition agreement, under which the target will cease to be

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3
Jul

Rugby Acquisition: Superior Positioning in the North American Market

On June 13, 2016, it was announced that Hardwoods Distribution Inc. (TSX: HWD) had entered into a definitive agreement to purchase substantially all of the assets of Rugby IPD Corp. d/b/a Rugby Architectural Building Products for a price of USD 107 million and additional USD 13 million as an earn-out consideration payable over a 2-year period.  It is estimated that

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20
May

TNH Acquisition: Integration Into a Statewide Network

California-based Valley Campus Pharmacy, Inc. d/b/a TNH Advanced Specialty Pharmacy, entered into a definitive $75 million-worth acquisition agreement this April with Diplomat Pharmacy, Inc. (NYSE:DPLO), the nation’s largest independent specialty pharmacy. The payment consideration consisted of $65 million in cash and $10 million in Diplomat common stock. The cash component is planned to be funded with a combination of available

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17
Apr

Broadsmart Acquisition – $40 Million by magicJack VocalTec

In March this year magicJack VocalTec Ltd. (NASDAQ: CALL), a leader in providing voice-over-Internet cloud-based communication solutions, acquired North American Telecommunications Corp. d/b/a Broadsmart in a deal worth $40 million. Broadsmart acquisiton consists of $38 million in cash, $2 million in ordinary shares of magicJack and a $2-million earnout if Broadsmart reaches $15.6 million in 2016 revenue. The deal also includes

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4
Apr

Akron Brass Acquired by IDEX for $224.2 Million

In February this year IDEX Corporation (NYSE:IEX) acquired Akron Brass Holding Corporation, a wholly-owned subsidiary of Premier Farnell plc which produces safety equipment and emergency response equipment, in a cash-free debt-free deal worth $224.2 million. The all-cash deal was conditioned upon the approval of Premier Farnell’s shareholders and subject to post-closing working capital adjustments. Ohio-based Akron Brass is a world-class

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