M&A report--January 2007.As is typical for the month following a hectic year-end closeout closeout, closure the finalization of a feeding program in a feedlot. The cattle are sold and a balance sheet is struck which includes the costs of feeding and housing or confining them. , the pace of mergers and acquisitions in L.A. County slowed a bit in January, with 59 deals recorded. That's down from 62 in December, though nearly identical to the 60 announced deals in January 2006, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. data compiled for the Business Journal by Goldsmith Agio AGIO, aggio. This term is used to denote the difference of price between the value of bank notes and nominal money, and the coin of the country. Encyc. Helms. Of those deals that announced the transaction price, the total came to $2.9 billion, down sharply from $21.4 billion in December and $16 billion in January 2006. One big reason for this drop: no billion-dollar deals, hi fact, the largest deal was New York-based insurance giant American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. buying the remaining stake in Woodland Hills-based 21st Century Insurance Group for $690 million. AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group owned 62 percent of the company. BUSINESS SERVICES Seller: 21st Century Insurance Group (Woodland Hills) Business: Provides insurance services Buyer: American International Group Inc. (New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY) Deal Value: $690 million Seller: Global Business Services Inc. (Postal Connections of America Franchise Corp.) (Beverly Hills) Business: Provides postal services Buyer: Postal Connections Management Team (San Diego, CA) Deal Value: $600,000 Seller: Hayes, Seay, Mattern & Mattern Inc. (Roanoke, VA) Business: Provides engineering and architectural services Buyer: AECOM AECOM Albert Einstein College of Medicine of Yeshiva University (Bronx, NY) AECOM Architectural and Engineering Company Technology Corp. (Los Angeles) Deal Value: ND Seller: LeaderSource Inc. (Fort Lauderdale, FL) Business: Provides leadership development and executive coaching consultancy services Buyer: Korn/Ferry International (Los Angeles) Deal Value: ND Seller: Los Angeles Art Glass Corp. (Burbank) Business: Distributes paint sundries sun·dries pl.n. Articles too small or numerous to be specified; miscellaneous items. [From sundry. Buyer: Paint Sundries Solutions Inc. (Kirkland, WA) Deal Value: ND Seller: Neoturis (Portugal) Business: Provides business consulting services Buyer: CB Richard Ellis CB Richard Ellis Group, Inc. NYSE: CBG is a multinational real estate corporation currently based in Los Angeles, California, U.S.A.. On December 20, 2006, the corporation, also known as CBRE, completed acquisition of Trammell Crow Co. in a transaction valued at $2. Group Inc. (El Segundo) Deal Value: ND Seller: Oxford Global Resources Inc. (Beverly, MA) Business: Provides staffing services Buyer: On Assignment Inc. (Calabasas) Deal Value: $212 million Seller: Performance Transporation Services Inc. (Wayne, MI) Business: Provides vehicle delivery services in the United States and Canada Buyer: The Yucaipa Cos. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Los Angeles) Deal Value: ND Seller: Research Affiliates LLC (Pasadena) Business: Provides Investment Advice Buyer: Nomura Asset Management Co. Ltd. (Japan) Deal Value: ND Seller: Soil Testing Engineers Inc. (Baton Rouge, LA) Business: Provides site investigation, geologic evaluation and geotechnical engineering services Buyer: Tetra Tech Inc. (Pasadena) Deal Value: ND Seller: Strategic Distribution Inc. (Bristol, PA) Business: Provides technology and supply chain solutions Buyer: Platinum Equity LLC (Beverly Hills) Deal Value: $29.6 million Seller: Vector Colorado LLC (Golden, CO) Business: Provides engineering services Buyer: Tetra Tech Inc. (Pasadena) Deal Value: ND Seller: Windjammer Capital investors LLC (The RETEC RETEC Registre des Essais Therapeutiques Européens (European Cancer Clinical Trials Register) Group inc.) (Newport Beach, CA) Business: Provides environmental consulting and engineering services Buyer: AECOM Technology Corp. (Los Angeles) Deal Value: ND CONSUMER Seller: BTWW Retail LP (Dallas, TX) Business: Retails Western style clothing apparel Buyer: The Sage Group LLC (Corral corral a small fenced-in enclosure with high, wooden fences, suitable for holding cattle or horses. corral system a management system in which range cattle are put into corrals and fed hay for a period when the environment is most West Ranchwear LLC) (Los Angeles) Deal Value: ND Seller: Lowprice.com Inc. (Phoenix, AZ) Business: Imports and distributes power sports equipment Buyer: Tank Sports Inc. (El Monte) Deal Value: ND Seller: Pacific Handy Cutter Inc. (Costa Mesa. CA) Business: Manufactures and supplies razor cutting tools and blades Buyer: American Capital Equity Management LLC (Los Angeles) Deal Value: ND Seller: The Powell Co. (Culver City) Business: Designs and distributes furniture Buyer: Sun Capital Partners Inc. (Boca Raton, FL) Deal Value: ND ENERGY Seller: Occidental Petroleum Corp. (Vanyoganneft Oil Company) (Los Angeles) Business: Engages in the exploration, development, and production of oil Buyer: TNK-BP (Russia) Deal Value: $485 million Seller: Song Yuan City Yu Qiao Oil and Gas Development Limited Corporation (China) Business: Offers oil and gas exploration and production services Buyer: China North East Petroleum Holdings Ltd. (Walnut) Deal Value: $3.6 million Seller: USA Petroleum Corp. (140 Retail Stations) (Agoura Hills) Business: Operates gasoline stations Buyer: Tesoro Corp. (San Antonio, TX) Deal Value: $277 million Seller: Voyager Gas Corp. (Oil properties in Permian Basin of West Texas) (Dallas, TX) Business: Oil Properties in Permian Basin of West Texas Buyer: Breitburn Energy Partners LP (Los Angeles) Deal Value: $29 million Seller: Whittier Trust Company (Whittier Energy Corp.) (Pasadena) Business: Engages in the acquisition, exploration, and development of oil and gas properties in the continental United States United States territory, including the adjacent territorial waters, located within North America between Canada and Mexico. Also called CONUS. Buyer: Sterling Energy plc (United Kingdom) Deal Value: $145 million FOOD Seller: Grand Havana Enterprises Inc. (Los Angeles) Business: Operates restaurants and cigar clubs Buyer: Grand Havana Acquisition Corp. (Los Angeles) Deal Value: $1.7 million Seller: Nestle USA Inc. (New Milford Farms Inc.) (Glendale) Business: Engages in the compost production using organic materials Buyer: Garick Corp. (Cleveland, OH) Deal Value: ND Seller: TCW TCW Total Carat Weight TCW Temporal Cold War (Star Trek Enterprise) TCW Troop Carrier Wing TCW Turnbuckle Championship Wrestling TCW Tasty Coma Wife (Scrubs episode) Capital (Houston Harvest Gift Products LLC) (Los Angeles) Business: Manufactures and markets food products in the United States Buyer: Milestone Capital Partners (Denver, CO) Deal Value: ND Seller: Wetzel's Pretzels LLC (Pasadena) Business: Operates pretzel stands Buyer: Levine Leichtman Capital Partners (Beverly Hills) Deal Value: ND HEALTH CARE Seller: Bakersfield Nursing Community (Bakersfield, CA) Business: Offers home health care and hospice services Buyer: LifeHouse Retirement Properties Inc. (Pacific Palisades Palisades, cliffs along the west bank of the Hudson River, NE N.J. and SE N.Y., extending from N of Jersey City, N.J., to the vicinity of Piermont, N.Y., with a general altitude of from 350 ft to 550 ft (107–168 m). ) Deal Value: $2.8 million Seller: Comprehensive Care Corp. (Tampa, FL) Business: Manages programs for chemical dependency chemical dependency n. A physical and psychological habituation to a mood- or mind-altering drug, such as alcohol or cocaine. chemical dependency Buyer: Hythiam Inc. (Los Angeles) Deal Value: $4.9 million Seller: Object Health Inc. (San Francisco, CA) Business: Healthcare information technology management consulting firm Buyer: Manatt, Phelps & Phillips (Los Angeles) Deal Value: ND Seller: Sylmar Nursing Community (Sylmar, CA) Business: Skilled nursing facility skilled nursing facility n. Abbr. SNF An establishment that houses chronically ill, usually elderly patients, and provides long-term nursing care, rehabilitation, and other services. which offers health services health services Managed care The benefits covered under a health contract Buyer: LifeHouse Retirement Properties Inc. (Pacific Palisades) Deal Value: $9.3 million Seller: Woodcliff Healthcare Investment Partners LLC (Tampa, FL) Business: Provides comprehensive behavioral care services Buyer: Hythiam Inc. (Los Angeles) Deal Value: $11.1 million INDUSTRIAL Seller: Citation Corp. (Interstate Southwest Ltd., LP) (Birmingham, AL) Business: Manufactures large scale forgings, commercial heat treating, carbon alloy and stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. closed die forgings Buyer: Balmoral Advisors LLC (Los Angeles) Deal Value: $23 million Seller: F-DYNE Electronics Corp. (Burbank) Business: Produces precision and close tolerance capacitors in the United States Buyer: Electrocube Inc. (Monrovia) Deal Value: ND Seller: Gaiser Tool Co. (Ventura) Business: Manufactures high-quality ceramic precision tools Buyer: CoorsTek Inc. (Denver, CO) Deal Value: ND Seller: International Aluminum Corp. (Monterey Park) Business: Manufactures extruded aluminum products Buyer: Genstar Capital LLC (San Francisco, CA) Deal Value: $228 million Seller: Pegasus Management Group (TOG Manufacturing Company Inc.) (Santa Monica) Business: Manufactures precision components and machinery for gas and steam turbines, offshore drilling, power generation, naval vessels and nuclear submarine industries Buyer: New England Capital Partners (Newton, MA) Deal Value: ND Seller: Ryan Herco Products Corp. (Burbank) Business: Distributes corrosion-resistant fluid flow products Buyer: Flow Solutions Inc. (Livermore, CA) Deal Value: ND Seller: Tubert International LLC (Los Angeles) Business: Manufactures metal and plastic components Buyer: WorldSource Inc. (Santa Clara, CA) Deal Value: $6 million MEDIA Seller: Anschutz Entertainment Group The Anschutz Entertainment Group (AEG) is a sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. The company owns or operates several major entertainment/sporting venues, including Staples Center and The Home Depot Center and beginning in Inc. (D.C. United--MLS Soccer Team) (Los Angeles) Business: Operates as a professional soccer club in the United States Buyer: D.C. United Holdings D.C. United Holdings is a group of investors that control operating rights to D.C. United, a soccer club that is part of Major League Soccer (MLS). The group is led by Victor MacFarlane (founder of MacFarlane Partners), William H.C. (Washington, D.C.) Deal Value: $33 million Seller: Darlene Investments LLC (DirecTV Latin America LLC) (Venezuela) Business: Broadcasts cable programming Buyer: The DirecTV Group Inc. (El Segundo) Deal Value: $325 million Seller: InfoSpace Inc. (Bellevue, WA) Business: Provides mobile gaming services Buyer: Twistbox Entertainment Inc. (Sherman Oaks) Deal Value: ND Seller: Sabella Dern Entertainment Inc. (The Bigger Picture) (Woodland Hills) Business: Distributes movies Buyer: Access Integrated Technologies Access Integrated Technologies is a large company concerned in, amongst other things, motion pictures. It bought all of Boeing's digital cinema equipment assets, intellectual property licenses, and existing theatre contracts. Inc. (Morristown, N J) Deal Value: ND Seller: Velocity Entertainment Inc. (Beverly Hills) Business: Produces, promotes and markets music Buyer: Clearvision International Inc. (Liverpool, TX) Deal Value: ND REAL ESTATE Seller: 155 East Tropicana LLC (Hooters This article is about the two restaurant chains collectively using the shared Hooters brand. For other uses, see Hooters (disambiguation). Hooters is the trade name of two privately held American restaurant chains: Hooters of America, Inc based in Atlanta, Georgia, and Las Vegas Casino) (Las Vegas, NV) Business: Owns and operates hotels and casinos Buyer: NTH nth adj. 1. Relating to an unspecified ordinal number: ten to the nth power. 2. Highest; utmost: delighted to the nth degree. Advisory Group LLC (Santa Monica) Deal Value: $95 million Seller: Lowe Enterprises Inc. (Lowe Enterprises Residential Advisors) (Los Angeles) Business: Manages an investment fund that provides mezzanine financing Mezzanine Financing A hybrid of debt and equity financing. Mezzanine financing is typically used to finance the expansion of existing companies, and it is basically debt capital that gives the lender the rights to convert to an ownership or equity interest in the company if the for residential land development and home construction Buyer: Tripacific Capital Advisors LLC (Irvine, CA) Deal Value: ND Seller: Pullan Communications Inc. (Los Angeles) Business: Provides web site development and e-mail marketing services to real estate professionals Buyer: Dominion Enterprises (Norfolk, VA) Deal Value: ND Seller: SP Setia Bhd (Malaysia) Business: Operates as property developers and building contractors in Malaysia Buyer: The Capital Group Cos. Inc. (Los Angeles) Deal Value: ND Seller: Strategic Hotel Capital LLC (Hyatt Regency San Francisco) (Chicago, IL) Business: 802-room hotel Buyer: Dune Capital Management LP/Dinapoli Capital Part (Los Angeles) Deal Value: ND Seller: Walton Street Capital LLC/SCS Advisors inc. (Sheraton Universal Hotel) (San Rafael, CA) Business: Operates 436-room hotel Buyer: Lowe Enterprises Inc. (Los Angeles) Deal Value: $122 million TECHNOLOGY Seller: Action Circuits LLC (Circuit board fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. business) (Van Nuys) Business: Manufactures printed circuit boards Buyer: Firan Technology Group Corp. (Canada) Deal Value: ND Seller: DoltYourself.com Inc. (Raritan, NJ) Business: Operates a home improvement and home repair website Buyer: Internet Brands Inc. (El Segundo) Deal Value: ND Seller: Fawcette Technical Publications Inc. (San Mateo, CA) Business: Publishes magazines and produces Web sites for the Information Technology community Buyer: 1105 Media Inc. (Chatsworth) Deal Value: ND Seller: Fiberxon Inc. (Santa Clara, CA) Business: Manufactures communication systems Buyer: MRV Communications Inc. (Chatsworth) Deal Value: $129 million Seller: Florida Educational Technology Corp. (Tallahassee, FL) Business: Provides an annual world class conference and other initiatives for the education community Buyer: 1105 Media Inc. (Chatsworth) Deal Value: ND Seller: Genex (Culver City) Business: Provides internet development and consulting services Buyer: Meredith Corp. (Des Moines, IO) Deal Value: ND Seller: Infinity Security Systems Inc. (Monterey Park) Business: Provides securities systems Buyer: Axium Technologies Inc. (Woodland Hills) Deal Value: ND Seller: LowFares.com (Redondo Beach) Business: Provides on-line travel price comparisons Buyer: Oversee.net (Los Angeles) Deal Value: ND Seller: Nova Development Corp. (Calabasas) Business: Develops and publishes consumer graphics and content software products Buyer: Avanquest Software SA (France) Deal Value: $48 million DEVELOPMENT COMPANY Seller: Strativation Inc. (Los Angeles) Business: A development stage company, does not have significant operations Buyer: CNS See Continuous net settlement. CNS See continuous net settlement (CNS). Response Inc. (San Juan Capistrano San Juan Capistrano (săn wän kăpĭsträ`nō), city (1990 pop. 26,183), Orange co., S Calif.; inc. 1961. San Juan Capistrano has some manufactures, including aircraft parts, medical apparatus, and boats, but the economy is , CA) Deal Value: ND |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion