M&A report--July 2007.Strategic deals predominated Los Angeles' merger and acquisition scene in July, with the Blackstone Group's $26 billion bid for Beverly Hills-based Hilton Hotels Corp. coming in as the largest transaction involving a local company in the last two years. The New York private equity firm plans to bring many of its own extensive hospitality holdings under the Hilton name. There were 71 deals announced during the month, with 22 providing financial details, for a total announced valued of $35.1 billion. What follows is a list of transactions announced in July in which the buyer, seller or owner is headquartered in Los Angeles County. BUSINESS SERVICES Seller: Advanced Roofing Solutions Inc. (Lawndale) Business: Provides leak repair roof maintenance services Buyer: Environmental Service Professionals Inc. (Palm Springs) Deal Value: ND Seller: AIM Underwriting Ltd. (Canada) Business: Provides insurance protections for aircraft Buyer: Allianz Global Risks US Insurance Company (Burbank) Deal Value: ND Seller: Fiesta Rentals (West Palm Beach, Florida West Palm Beach, also known as West Palm, is the most populous city in Palm Beach County, Florida, USA. The city is also the oldest incorporated municipality in South Florida. According to the University of Florida's 2006 estimates, the city had a population of 107,617. ) Business: Provides party rental services Buyer: Classic Party Rentals Inc. (Los Angeles) Deal Value: ND Seller: Fuel (United Kingdom) Business: Provides educational and training services and specializes in e-learning solutions Buyer: LRN LRN Linux.ru.net (website) LRN Laboratory Response Network LRN Location Routing Number LRN Local Routing Number LRN Learning Resource iNterchange (Microsoft) LRN Lead Round Nose Corp. (Los Angeles) Deal Value: ND Seller: Garcel Inc. (Woodland Hills) Business: Provides asset management and other financial services Buyer: Credit Suisse (USA) Inc. (New York, New York) Deal Value: ND Seller: Grand Events & Party Rentals Inc. (Memphis, Tennessee) Business: Rents event and party equipment Buyer: Classic Party Rentals Inc. (Los Angeles) Deal Value: ND Seller: GroupEx Financial Corp. (La Mirada) Business: Provides electronic money transfer services Buyer: Coinstar Inc. (Bellevue, Washington) Deal Value: $70 million Seller: Jet Aviation Services inc. (Burbank) Business: Provides aviation services Buyer: Phoenix Associates Land Syndicate (Madisonville, Louisiana) Deal Value: ND Seller: McCray, Sheweloff & Associates Inc. (Los Angeles) Business: Provides executive staffing services Buyer: Morgan Samuels Co. (Beverly Hills) Deal Value: NO Seller: Paoiolan Systems inc. (Irvine) Business: Provides ticketing, fundraising, and marketing technology solutions for venues Buyer: Ticketmaster (Los Angeles) Deal Value: ND Seller: Party Showcase (Raleigh, North Carolina For other uses of this name, see Raleigh. Raleigh (IPA: /ˈrɑli/, ral-ee) is the capital of the State of North Carolina and the county seat of Wake County. ) Business: Provides party rental services Buyer: Classic Party Rentals Inc. (Los Angeles) Deal Value: ND Seller: Platinum Equity (CompuCom Systems Inc.) (Beverly Hills) Business: Provides distributed desktop products and network integration services Buyer: Court Square Capital Partners (IIM IIM Indian Institute of Management (main Management Institutes of India) IIM Individual Indian Money (US Department of Interior) IIM Industrial Information Management Acquisition Corp.) (New York, New York) Deal Value: $628 million Seller: Spin Shoppe PR (New York, New York) Business: Provides marketing consulting services Buyer: Canvas PR & Marketing (Beverly Hills) Deal Value: ND Seller: Swirl Entertainment Group (Los Angeles) Business: Provides public relations services Buyer: Beere Financial Group Inc. (Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. ) Deal Value: ND Seller: Wireless Facilities Inc. (San Diego) Business: Offers consulting services to the wireless telecommunications industry Buyer: Platinum Equity LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (Beverly Hills) Deal Value: $24 million CONSUMER Seller: 7 For All Mankind LLC (Los Angeles) Business: Manufactures jeans and other apparels Buyer: VF Corp. (Greensboro, North Carolina “Greensboro” redirects here. For other uses, see Greensboro (disambiguation). Greensboro, North Carolina (IPA: [ɡɹiːnsbʌɹəʊ]) is a city in the U.S. state of North Carolina. ) Deal Value: $775 million Seller: Ares Management LLC (Samsonite Corp.--Principal Shareholder) (Los Angeles) Business: Designs, manufactures, distributes of luggage products Buyer: CVC Capital Partners CVC Capital Partners is a European private equity firm. CVC was founded in 1981 as the European private equity arm of Citigroup, but after a buyout in 1993 it is owned by its management. In 1999, CVC established CVC Asia Pacific, which is a joint venture with Citigroup. Ltd. (United Kingdom) Deal Value: $1.7 billion Seller: Calwell Corp. (Baldwin Park) Business: Provides apparel distribution Buyer: WFT WFT Weatherford International (stock symbol) WFT Waterfront (real estate) WFT World Family Tree (genealogy) WFT Wet Film Thickness Concepts LLC (New York, New York) Deal Value: ND Seller: Maly's West Inc. (Valencia) Business: Distributes professional salon products Buyer: L'Oreal USA Inc. (New York, New York) Deal Value: NO Seller: The Container Store Inc. (Coppell, Texas) Business: Retails storage and organization products Buyer: Leonard Green & Partners, LP (Los Angeles) Deal Value: NO FOOD Seller: Applebee's International Inc. (Overland Park, Kansas Overland Park is the second most populous city in the U.S. state of Kansas. It is located in Johnson County, a satellite city of Kansas City, and is near Olathe, Lenexa, Prairie Village and Leawood. In 2006, the estimated population is 167,500. ) Business: Develops, franchises and operates restaurants under the Applebees Neighborhood Grill & Bar brand Buyer: IHOP IHOP International House Of Pancakes (restaurant chain) iHOP Information Hyperlinked Over Proteins IHOP International House of Prayer IHOP International H2O Project IHOP International House of Pain Corp. (Glendale) Deal Value: $1.9 billion Seller: Fleischmann's Vinegar Co. Inc. (Cerritos) Business: Manufactures and markets industrial vinegar and cooking wine Buyer: American Capital Strategies Ltd. (Bethesda, Maryland) Deal Value: ND Seller: FoodBrand LLC (Westlake Village) Business: Provides food supply services Buyer: HMSHost Corp. (Bethesda. Maryland) Deal Value: $13 million Seller: Markstone Capital Group LLC (Zeraim Gedera Ltd.) (Los Angeles) Business: Produces & Markets the seeds of vegetable varieties Buyer: Syngenta AG (Switzerland) Deal Value: ND HEALTH CARE Seller: Aita Healthcare System LLC (Los Angeles) Business: Operates hospitals Buyer: Prospect Medical Holdings Inc. (Culver City) Deal Value: $103 million Seller: AmCyte Inc. (Santa Monica) Business: Provides safe and effective cell therapy for patients with diabetes Buyer: ReNeuron Group PLC (United Kingdom) Deal Value: $4 million Seller: BioCatalytics Inc. (Pasadena) Business: Produces custom and off-the-shelf enzymes Buyer: Codexis inc. (Redwood City) Deal Value: ND Seller: Chicagoland Caregivers, Corp. (Chicago, Illinois) Business: Provides non-medical home care Buyer: LivHOME Inc. (Los Angeles) Deal Value: ND Seller: HCA HCA, n.pr See acid, hydroxycitric. inc. (Clinique de Carouge / Hospital de la Tour) (Nashville, Tennessee) Business: Operates hospital Buyer: Colony Capital LLC (Los Angeles) Deal Value: ND Seller: PrimaTech Medical Systems (Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. ) Business: Supplies electronically controlled support systems to the long-term care and home care medical markets Buyer: Anodyne anodyne /an·o·dyne/ (an´ah-din) 1. relieving pain. 2. a medicine that eases pain. an·o·dyne n. An agent that relieves pain. Medical Device Inc. (Los Angeles) Deal Value: ND Seller: Renaissance Herbs Inc. (Chatsworth) Business: Manufactures botanical health care products Buyer: Avestha Gengraine Technologies Pvt. Ltd. (India) Deal Value: ND Seller: Watson Pharmaceuticals Inc. (Sterile Manufacturing Facility) (Corona) Business: Manufactures and markets lyophilized ly·oph·i·lize tr.v. ly·oph·i·lized, ly·oph·i·liz·ing, ly·oph·i·liz·es To freeze-dry (blood plasma or other biological substances). [lyophil(ic) + -ize. powders, suspension products, and aqueous and oil solutions Buyer: Abraxis Bioscience Inc. (Los Angeles) Deal Value: ND INDUSTRIAL Seller: Carson Industries LLC (Glendora) Business: Manufactures plastic products Buyer: CRH plc (Ireland) Deal Value: ND Seller: Cyclam Holdings LLC (Palos Verdes Estates Palos Verdes Estates (păl`əs vûr`dēz), city (1990 pop. 13,512), Los Angeles co., S Calif.; inc. 1939. It is a residential community. ) Business: Manufactures and distributes water pump seals for the automotive market Buyer: KPAC KPAC Knowsley's Parents Adults Carers (UK) Solutions (Brentwood, Tennessee) Deal Value: ND Seller: Dexter Magnetic Technologies Inc. (Elk Grove Village Elk Grove Village, village (1990 pop. 33,429), Cook and Du Page counties, NE Ill., a suburb of Chicago; inc. 1956. With a population of c.100 at the time of its establishment on open farmland, the village has grown dramatically and steadily, largely because of its ,Illinois) Business: Manufactures magnetic products Buyer: Levine Leichtman Capital Partners Inc. (Bevedy Hills) Deal Value: NO Seller: Keystone Automotive Industries Inc. (Pomona) Business: Distributes and sells aftermarket collision replacement parts and new vehicle parts Buyer: LKQ LKQ Like Kind and Quality Corp. (Chicago, Illinois) Deal Value: $811 million Seller: Lehner & Martin Inc. (Santa Aria) Business: Distributes industrial gas and welding supplies Buyer: Airgas West Inc. (Lakewood) Deal Value: NO Seller: Northrup Gruman Corp. (Commercial Communication Products Division) (Los Angeles) Business: Manufactures transponders and transceivers Buyer: Avanex Corp. (Fremont) Deal Value: ND Seller: Oxy Vinyls LP (Dallas, Texas) Business: Produces vinyl chloride monomer Buyer: Occidental Petroleum Corp. (LOS Angeles) Deal Value: $261 million Seller: Platinum Equity (ESM (1) (Enterprise Storage Management) Managing the online, nearline and offline storage within a large organization. It includes analysis of storage requirements as well as making routine copies of files and databases for backup, archiving, disaster recovery, Group Inc.) (Beverly Hills) Business: Provides hot metal desutphurization SKW SKW Schweizerischer Kosmetik- und Waschmittelverband (Swiss union of cosmetics and detergents) SKW Strike Warfare Stahl-Metallurgie Gmbh (Germany) Deal Value: $75 million Seller: Ryerson Inc. (Chicago. Illinois) Business: Distributes and processes metals Buyer: Platinum Equity LLC (Beverly Hills) Deal Value: $2 billion Seller: Scaled Composites LLC (Mojave) Business: Operates as an aerospace and specialty composites development company Buyer: Northrop Grumman Corp. (Los Angeles) Deal Value: ND Seller: Turbine Generator Maintenance Inc. (Cape Coral, Florida Cape Coral is a city in Lee County, Florida, United States. The population was 102,286 at the 2000 census. According to the U.S Census estimates of 2006, the city had a population of 151,389. [1], making it the largest city in Southwest Florida. ) Business: Provides field and shop services to the turbine generator market Buyer: GFI GFI Ground Fault Interrupter GFI Go For It GFI Government-Furnished Information GFI Growing Families International GFI Goodness of Fit Indices GFI Government Financial Institutions (Philippines) GFI Gross Farm Income Energy Ventures LLC (Los Angeles) Deal Value: ND Seller: ZC&R Coatings for Optics Inc. (Torrance) Business: Produces precision coatings for customers in aerospace, defense, medical, entertainment, and telecommunications industries Buyer: Abrisa Industrial Glass Inc. (Santa Paula) Deal Value: ND MEDIA Seller: AdModus (New York, New York) Business: Provides advertising services Buyer: Connexus Corp. (El Segundo) Deal Value: ND 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. (Chicago Fire) (Los Angeles) Business: Major League Soccer club Buyer: Andell Holdings LLC (Los Angeles) Deal Value: ND Seller: Art Machine (Culver City) Business: Provides entertainment marketing services Buyer: Lake Capital Partners Inc. (Chicago, Illinois) Deal Value: ND Seller: Citadel Broadcasting Corp. (7 radio stations) (Las Vegas, Nevada) Business: Operates several radio stations Buyer: Mapleton Communications LLC (Los Angeles) Deal Value: ND Seller: GolfSpan.com Inc. (Fort Lee, New Jersey Fort Lee is a borough in Bergen County, New Jersey, United States. As of the United States 2000 Census, the borough population was 35,461. Fort Lee was formed by an Act of the New Jersey Legislature on March 29, 1904, from the remaining portions of Ridgefield Township. ) Business: Provides golfers of all interests and skill levels indispensable information about every aspect of the game Buyer: Demand Media Inc. (Santa Monica) Deal Value: ND Seller: Hotels at Home Inc. (Fairfield, New Jersey) Business: Publishes in-room retail catalogs and hotel-branded e-commerce websites Buyer: Affinity Media International Corp. (Los Angeles) Deal Value: $36 million Seller: LeadCreations.com LLC (Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. ) Business: Operates as an online marketing company Buyer: eForce Media Inc. (Santa Monica) Deal Value: $8 million Seller: Lexico Publishing Group LLC (Long Beach) Business: Provides free online language reference products and services Buyer: Answers Corp. (Israel) Deal Value: $100 million Seller: Magic Broadcasting LLC. (KWIE FM) (Panama City, Florida Panama City is a city located along U.S. Highway 98 in Bay County, Florida. It is the largest city between Pensacola, Florida and Tallahassee, Florida. It is the larger (population wise) of two principal cities of the Panama City-Lynn Haven, Florida Metropolitan Statistical Area. ) Business: Provides radio broadcasting services Buyer: LBI Media Inc. (Burbank) Deal Value: $25 million Seller: MeziMedia Inc. (Monrovia) Business: Operates online shopping websites Buyer: ValueClick Inc. (Westlake Village) Deal Value: $100 million Seller: Restore Media LLC (Old-House Journal) (Washington, D.C.) Business: Publishes a quarterly magazine Buyer: Active interest Media Inc. (El Segundo) Deal Value: ND Seller: Roadside Attractions LLC (Beverly Hills) Business: Distributes theatrical motion pictures Buyer: Lions Gate Entertainment
Deal Value: ND Seller: Scope Seven Inc. (El Segundo) Business: Provides media services Buyer: Zoo Digital Group ZOO Digital Group Plc. is a company based in Sheffield, UK that facilitates its operations between its DVD and Video Production software company ZOOtech. The company was formed following the reverse take over of the publicly listed Kazoo by ZOO Media Corporation. PLC (United Kingdom) Deal Value: ND Seller: The Collector's Guide (Albuquerque, New Mexico “Albuquerque” redirects here. For other uses, see Albuquerque (disambiguation). Albuquerque (pronounced [ˈæl.bə.kɚ.kiː], Spanish: [al.βu. ) Business: Publishes a guidebook Buyer: Active Interest Media Inc. (El Segundo) Deal Value: ND Seller: TripUp Inc. (Los Angeles) Business: Operates a unique community and social networking site A Web site that provides a virtual community for people interested in a particular subject or just to "hang out" together. Members create their own online "profile" with biographical data, pictures, likes, dislikes and any other information they choose to post. dedicated to travel Buyer: SideStep Inc. (Santa Clara) Deal Value: ND REAL ESTATE Seller: Hilton Hotels Corp. (Beverly Hills) Business: Provides management and development of hotels and resorts Buyer: Blackstone Group LP (New York, New York) Deal Value: $26,000 million TECHNOLOGY Seller: Bridal Media Ventures (Beverly Hills) Business: Develops and manages a portfolio of wedding related authority Web sites, email lists, and information products Buyer: Red Ventures (Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. ) Deal Value: ND Seller: Business.com Inc. (Santa Monica) Business: Operates an online search engine Buyer: R.H. Donnelley Corp. (Cary, North Carolina Cary is the second largest municipality in Wake County, North Carolina and the third largest municipality in The Triangle (North Carolina) behind Raleigh and Durham. It is the seventh largest municipality in North Carolina. ) Deal Value: $350 million Seller: Interactive Television Networks Inc. (ITVN ITVN Interactive Television Networks, Inc (Irvine, California) Inc.) (Woodland Hills) Business: Offers set-top box for broadband connection Buyer: BroadShift Inc. (Canada) Deal Value: $11 million Seller: Jelsoft Enterprises Limited (United Kingdom) Business: Develops Web applications and offers vBulletin, a community forum solution Buyer: Interact Brands, Inc (El Segundo) Deal Value: NO Seller: Junction Point Studios Junction Point Studios is a video game developer based in Austin, Texas. The studio was established in 2005 by Warren Spector and Art Min, prominent figures in the game development industry. Inc. (Austin, Texas) Business: Develops video games Buyer: The Walt Disney Co. (Burbank) Deal Value: ND Seller: Precision Dynamics Corp. (San Fernando) Business: Develops automatic identification wristband systems Buyer: Water Street Healthcare Partners (Chicago, Illinois) Deal Value: $75 million Seller: Send2Fax LLC (Ridgeland, South Carolina Ridgeland is a town in Jasper County, South Carolina, United States. The population was 2,518 at the 2000 census. It is the county seat of Jasper CountyGR6. As defined by the U.S. ) Business: Provides internet fax services Buyer: 12 Global Communications Inc. (Los Angeles) Deal Value: ND Seller: Southeast Towers LLC (Atlanta, Georgia) Business: Develops, owns, and operates communication towers Buyer: Diamond Communications Inc. (Alhambra) Deal Value: ND Seller:. Startec Global Communications Corp. (Rockville, Maryland) Business: Provides telecommunications services Buyer: Platinum Equity LLC (Beverly Hills) Deal Value: ND Seller: Vista Systems, Corp. (Phoenix, Arizona) Business: Develops and produces video processors and widescreen displays for live-show producer Buyer: Christie Digital Systems USA Inc. (Cypress) Deal Value: ND Seller: Yac Ltd. (ireland) Business: Provides communications services through the interact, phone or wireless device Buyer: J2 Global Communications j2 Global Communications (Nasdaq:JCOM) is a company based in Hollywood, California that offers messaging and communications services. Its most popular service is called "eFax", which allows users to send and receive faxes via the Internet. j2 was previously called JFAX. Inc. (Los Angeles) Deal Value: ND |
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