M&A report--January 2008.

Bank of America's announced purchase of Countrywide Financial Corp. was January's largest single M&A transaction in Los Angeles County. The $4.1 billion stock deal accounted for more than half of the $7 billion in M&A activity. In other notable deals, Los Angeles-based Colony Capital teamed up with Goldman Sachs and Merchant Equity Partners to acquire French furniture chain BUTSA. The cash deal was valued at $81 million. An affiliate of Aurora Capital Group announced a definitive $478 million merger agreement with NuC02 Inc., the nation's largest provider of beverage quality C02for the food service and hospitality industry. Altogether, there were 83 announced transactions in January, considerably higher announced than last year's total of 59 during the same month. What follows are transactions in which either the buyer, seller or unit is headquartered in LA. County.

BUSINESS SERVICES

Target: Answer Financial Inc. (Encino) Business: Provides insurance products and services Acquirer: White Mountains Insurance Group Ltd. (Hanover, NH) Deal Value: $30 million

Target: Bruni International Inc. (Laredo, TX) Business: Provides freight, warehouse and distribution services Acquirer: NYK Logistics Americas Inc. (Long Beach) Deal Value: ND

Target: Countrywide Financial Corp. (Calabasas) Business: Provides mortgage services Acquirer: Bank of America Corp. (Charlotte, NC) Deal Value: $4.14 billion

Target: CredStar (North Hollywood) Business: Provides mortgage credit reporting services Acquirer: First Advantage Corp. (St. Petersburg, FL) Deal Value: ND

Target: DoveBid Inc. (Culver City) Business: Provides online industrial auction services Acquirer: GoIndustry pic (United Kingdom) Deal Value: ND

Target: Dynalink Systems Inc. (Inglewood) Business: Provides freight forwarding and other logistics services Acquirer: C.R. England Inc. (Salt Lake City, UT) Deal Value: ND

Target: Eastern Services Holdings Inc. (Santa Monica) Business: Provides tax consultation services Acquirer: Fund.com Inc. (New York, NY) Deal Value: ND

Target: Environmental Health Services Inc. (Las Vegas, NV) Business: Provides occupational health and safety consultation Acquirer: SCS Engineers (Long Beach) Deal Value: ND

Target: JRN Benefits Inc. (Santa Barbara) Business: Provides employee benefit program consulting Acquirer: Hub International of California Inc. (Los Angeles) Deal Value: ND

Target: Markman Brecker Associates (Santa Monica) Business: Provides accounting services Acquirer: Kellog & Andelson Acct Corp. (Sherman Oaks) Deal Value: ND

Target: Master Capital Group Corp. (Beverly Hills) Business: Provides financial services Acquirer: Avalon Capital Holdings Corp. (Beverly Hills) Deal Value: ND

Target: MMA Media Inc. (Beverly Hills) Business: Provides business management services Acquirer: Poise Profit International Ltd. (United States) Deal Value: ND

Target: NTI Group Inc. (Sherman Oaks) Business: Provides messaging solutions Acquirer: Blackboard Inc. (Washington, DC) Deal Value: $199 million

Target: Ocwen Financial Corp. (West Palm Beach, FL) Business: Provides loan servicing and origination processing solutions Acquirer: Angelo, Gordon & Co. (New York, NY) & Oaktree Capital Management, LLC (Los Angeles) Deal Value: $306 million

Target: Pacific Fuel Trading Corp. (El Segundo) Business: Distributes jet fuel Acquirer: Vitol Inc. (Houston, TX) Deal Value: ND

Target: Pan American Underwriters Inc. a subsidiary of Paula Financial Co. (Pasadena) Business: Offers property and casualty insurance Acquirer: Ascension Insurance Inc. (Kansas City, MO) Deal Value: ND

Target: Services Group Inc. (Arlington, VA) Business: Provides consulting services Acquirer: AECOM Technology Corp. (Los Angeles) Deal Value: ND

CONSUMER

Target: Accor SA, a portfolio company of Colony Capital LLC (Los Angeles) Business: Operates hotels Acquirer: Eurazeo (France) Deal Value: ND

Target: Air Group Inc. (Van Nuys) Business: Provides aircraft management services Acquirer: Sentient Jet Inc. (Weymouth, MA) Deal Value: ND

Target: BUT SA (France) Business: Operates furniture and electrical goods stores Acquirer: Goldman Sachs Group Inc. (New York, NY), Merchant Equity Partners (UK), Colony Capital, LLC (Los Angeles) Deal Value: $813 million

Target: Chatterbox International LLC (Nampa, ID) Business: Manufactures scrapbook products Acquirer: Marlin Equity Partners (El Segundo) Deal Value: ND

Target: Confie Seguros (El Monte) Business: Provides insurance brokerage services Acquirer: Genstar Capital LLC (San Francisco) Deal Value: ND

Target: Dorotennis SA (France) Business: Manufactures sportswear and accessories Acquirer: BCBG Max Azria Group Inc. (Vernon) Deal Value: ND

Target: Ensemble Chimes Global (Los Angeles) Business: Provides vendor management services Acquirer: Beeline (Jacksonville, FL) Deal Value: $8 million

Target: Fit Fuel LLC (Gardena) Business: A retailer of health food online Acquirer: Arthur Patrick Partners LLC (Las Vegas, NV) Deal Value: ND

Target: Global Authentications Holdings Inc. (San Clemente) Business: Provides sports memorabilia authentication services Acquirer: Ault Glazer & Co. Inc. (Los Angeles) Deal Value: ND

Target: India Ink (Los Angeles) Business: Manufactures bed and bathroom accessories Acquirer: Zenith Products Corp. (New Castle, DE) Deal Value: ND

Target: Paris Saint Germain Football Club (France) Business: Operates a professional soccer club Acquirer: Colony Capital LLC (Los Angeles) Deal Value: ND

Target: PureBeauty Inc. (Encino) Business: Operates hair salons Acquirer: Regis Corp. (Edina, MN) Deal Value: ND

Target: TeleInterpreters Inc. (Glendale) Business: Provides interpretation services Acquirer: Language Line Holdings LLC (Monterey) Deal Value: ND

Target: Value Direct Inc. (Los Angeles) Business: Markets real estate and used automobile information to consumers Acquirer: Commerce Planet Inc. (Goleta) Deal Value: ND

ENERGY

Target: Allen Petroleum-Certain Assets (Caddo Parish, LA) Business: Approximately 90 oil wells Acquirer: Energetics Holdings Inc. (Beverly Hills) Deal Value: ND

Target: Inmobiliaria Alpha SAC (Peru) Business: Owns palm oil production property Acquirer: Pure Biofuels Corp. (Beverly Hills) Deal Value: ND

FOOD

Target: Treasure Valley Business Group Business: Produces and distributes packaged foods Acquirer: Creo Capital Partners, LLC (Los Angeles) Deal Value: ND

Target: Two Chefs on a Roll Inc. (Carson) Business: Manufactures prepared foods Acquirer: Bakkavor Group (London, UK) Deal Value: ND

HEALTH CARE

Target: Eyeonics Inc., a portfolio company of Brentwood Associates (Los Angeles) Business: Manufactures intraocular lenses Acquirer: Bausch & Lomb Inc. (Rochester, NY) Deal Value: ND

Target: Ostomy Supply Business (Philadelphia, PA) Business: Manufactures ostomy products Acquirer: SGV Medical Supplies (Van Nuys) Deal Value: ND

Target: Scalp Med, a subsidiary of Modern Health Labs (Culver City) Business: Provides hair restoration services Acquirer: Guthy-Renker (Palm Desert) Deal Value: ND

INDUSTRIAL

Target: Anura Plastic Engineering Corp. (Baldwin Park) Business: Manufactures thermoplastic components Acquirer: Freudenberg-NOK (Plymouth, Ml) Deal Value: ND

Target: Arc Machines Inc. (Pacoima) Business: Manufactures automated orbital welding systems Acquirer: Marwit Capital (Newport Beach) Deal Value: ND

Target: Encore Coils, a subsidiary of Reliance Steel & Aluminum Co. (Los Angeles) Business: Processes flat-rolled steel Acquirer: Samuel Son & Co. Ltd. (Canada) Deal Value: ND

Target: NuC02 Inc. (Stuart, FL) Business: Provides bulk carbon dioxide Acquirer: Aurora Capital Group (Los Angeles) Deal Value: $487 million

Target: Owens Coming-Certain Assets (Belgium) Business: Two composite fiber manufacturing plants Acquirer: Platinum Equity LLC (Beverly Hills) Deal Value: $225 million

Target: Pacific Diazo Products Inc. (Gardena) Business: Distributes ammonia and related products Acquirer: Airgas Inc. (Radnor, PA) Deal Value: ND

Target: Redman Equipment and Manufacturing Co. (Torrance) Business: Provides heat exchanger services for the petrochemical industry Acquirer: Ohmstede Ltd. (Beaumont, TX) Deal Value: ND

Target: Serveron Corp., a portfolio company of Apogee Companies (Burbank) Business: Provides electric power substation monitoring products and services Acquirer: BPL Global Ltd. (Pittsburgh, PA) Deal Value: ND

Target: Storm Products Co. (Santa Monica) Business: Manufactures wire and cable products Acquirer: Teledyne Reynolds Inc. (Los Angeles) Deal Value: ND

Target: Skytrails Aviation (Van Nuys) Business: Provides aircraft maintenance and aviation services Acquirer: Maguire Aviation Group LLC (Van Nuys) Deal Value: ND

Target: Unitech Water Systems Inc. (Greenwood Village, CO) Business: Manufactures water purification products Acquirer: IntelliReady Inc. (Los Angeles) Deal Value: ND

Target: Valent's Orthene Line (California) Business: Manufactures agricultural insecticides Acquirer: AMAVC Chemical Corp. (Los Angeles) Deal Value: ND

MEDIA

Target: American Latino TV LLC (New York, NY) Business: Provides broadcasting services Acquirer: LATV Networks LLC (Los Angeles) Deal Value: ND

Target: Big Huge Games Inc. (Timonium, MD) Business: Develops video game software Acquirer: THQ Inc. (Agoura Hills) Deal Value: ND

Target: BNQT.com (Pasadena) Business: Operates an action sports online video community Acquirer: USA Today International Corp. (McLean, VA) Deal Value: ND

Target: Broadway Across America, a subsidiary of Live Nation Inc. (Beverly Hills) Business: Provides live event management services Acquirer: Key Brand Entertainment (California) Deal Value: $90.4 million

Target: Bruen Productions International Inc., a subsidiaryofYoubet.com Inc. (Woodland Hills) Business: Provides broadcast production services Acquirer: Original Owner (Undisclosed) Deal Value: ND

Target: CollegeHangover.com (Los Angeles) Business: Operates user-submitted content Web site Acquirer: National Lampoon Inc. (Los Angeles) Deal Value: ND

Target: Get Me In Ltd. (United Kingdom) Business: Provides online event ticketing Acquirer: Ticketmaster (West Hollywood) Deal Value: ND

Target: GlobeShooter Inc. (Los Angeles) Business: Provides broadcast production resources Acquirer: Spot Runner Inc. (Los Angeles) Deal Value: ND

Target: HBO Asia, a subsidiary of Sony Pictures Entertainment Inc. (Culver City) Business: Markets film and television media Acquirer: Home Box Office Inc. (New York, NY) Deal Value: ND

Target: Hunting Net Inc., OffShoreOnly.com, Horsetopia, LLC (Various) Business: Three community Web sites Acquirer: Internet Brands Inc. (El Segundo) Deal Value: ND

Target: I.M.S. Companies LLC (Miami, FL) Business: Offers media management services Acquirer: Marketwire Inc. (El Segundo) Deal Value: ND

Target: International Music Feed LLC (Santa Monica) Business: Operates a music television network Acquirer: Ovation TV (Santa Monica) Deal Value: ND

Target: Magic Arts & Entertainment, LLC (Aurora, OH) Business: Produces arts and entertainment productions Acquirer: Tix Corp. (Studio City) Deal Value: ND

Target: NDTV Networks (India) Business: Operates radio and TV stations Acquirer: NBC Universal Inc. (Universal City) Deal Value: $150 million

Target: TNOW Entertainment Group Inc. (Rolling Meadows, IL) Business: Provides online event ticketing Acquirer: Ticketmaster (Los Angeles) Deal Value: $265 million

Target: Tribune Studios (Los Angeles) Business: An independent production studio Acquirer: Hudson Capital LLC (Los Angeles) Deal Value: $125 million

Target: Without A Box Inc. (Studio City) Business: Develops Internet software Acquirer: Internet Movie Database Inc. (Los Angeles) Deal Value: ND

REAL ESTATE

Target: ALARA Hedges Creek (Tualatin, OR) Business: An apartment complex Acquirer: American Realty Advisors (Glendale) Deal Value: ND

Target: Elran (DD) Real Estate Ltd. (Israel) Business: Develops real estate Acquirer: Markstone Capital Group LLC (Los Angeles) Deal Value: $22 million

Target: Grenville Smith & Duncan Ltd. (United Kingdom) Business: Operates a real estate agency Acquirer: CB Richard Ellis Group Inc. (El Segundo) Deal Value: $17.8 million

TECHNOLOGY

Target: AirWave Wireless Inc., a subsidiary of Idealab (Pasadena) Business: Provides wireless network management software Acquirer: Aruba Networks Inc. (Sunnyvale) Deal Value: $37 million

Target: Campus Management Corp., a subsidiary of Wells Fargo Foothill Inc. (Santa Monica) Business: Provides software for educational institutions and non-profit organizations Acquirer: Leeds Equity Partners (New York, NY) Deal Value: ND

Target: CompanyMove (Delaware) Business: Develops Internet software Acquirer: Media Services (Los Angeles) Deal Value: ND

Target: DevZuz (Marina Del Rey) Business: Develops open-source software solutions Acquirer: Exist Global (Philippines) Deal Value: ND

Target: Gamma Enterprise Technologies Inc. (Woodland Hills) Business: Develops data management software Acquirer: Applimation Inc. (New York, NY) Deal Value: ND

Target: G-Technology Inc. (Santa Monic) Business: Manufactures electronic storage solutions Acquirer: Fabrik Inc. (San Mateo) Deal Value: ND

Target: Moniker Online Services, LLC (Pompano Beach, FL) Business: Provides domain name services Acquirer: Oversee.net (Los Angeles) Deal Value: ND

Target: Novalux Inc., a subsidiary of Dynafund Ventures (Torrance) Business: Develops laser technology Acquirer: Arasor International Ltd. (Mountain View) Deal Value: $20 million Target: Peerless Systems Corp.-Certain Assets (El Segundo)

Business: Intellectual property and other digital imagery assets Acquirer: Kyocera Mita Corp. (Japan) Deal Value: $37 million

Target: Prolexic Technologies Inc., a subsidiary of The Bellwether Group (Los Angeles) Business: Provides IT security solutions Acquirer: IPVG Corp. (Philippines) Deal Value: $10.5 million

Target: Transmeta Corp. (Santa Clara) Business: Develops and licenses intellectual property Acquirer: Riley Investment Management LLC (Los Angeles) Deal Value: ND

Target: Twistbox Entertainment Inc. (Sherman Oaks) Business: Develops mobile software and content Acquirer: Mandalay Media Inc. (New York, NY) Deal Value: ND

Target: WebMessenger Inc. (Los Angeles) Business: Provides mobile messaging products Acquirer: VoiVoda Inc. (Undisclosed)

ND = Not disclosed