MERGERS The Capitalization Report v21.01.19


KEYWORDS: Concho Resources, Massmutual Retirement Services, Husky Energy, Voya Financial, Novasep Belgium, AstraZeneca, Arbonia, Cimatron

This report is still in beta testing as we attempt to provide data and research with the goal of accredited investors networking with members of the RHC family of funds for sharing deal flow and co-investing. Contact JD Morris for introduction to RHC funds and their limited partners via LinkedIn. URL: https://www.linkedin.com/in/admin4jdm/

SUMMARY: SUMMARY: Our research from Pitchbook shows 203 companies did 203 deals with 210 investors resulting already in 2021 over 150 exits (162 as of today) with $26.55 capital invested. Again, we are happy to share our research and deal flow with accredited investors. #mergers #mergersandacquistions #exit

99 DEALS IN 2021 AS OF JANUARY 19, 2021

Concho ResourcesThe company was acquired by ConocoPhillips (NYS: COP) for $9.7 billion on January 15, 2021. The transaction combines two high-quality industry leaders to create a company with an approximately $60 billion enterprise value. The company is no longer actively tracked by PitchBook.
BP (Global Petrochemicals Business)The Global Petrochemical Business of BP (LON: BP) was acquired by INEOS Group for $5 billion on January 1, 2021. This transaction will further strengthen BP’s balance sheet and deliver its target for agreed divestments a year earlier than originally scheduled. The business unit is no longer actively tracked by PitchBook.
Massmutual Retirement ServicesThe company, a subsidiary of Massmutual Financial Group, was acquired by Empower Retirement, a subsidiary of Great-West Lifeco (TSE: GWO) for approximately $3.35 billion on January 4, 2021. The company is no longer actively tracked by PitchBook.
Husky EnergyThe company was acquired by Cenovus Energy (TSE: CVE) for CAD 3.8 billion on January 4, 2021. The acquisition creates Canada’s third-largest crude oil and natural gas producer, based on total company production, with about 750,000 barrels of oil equivalent per day of low-cost oil and natural gas production. The company is no longer actively tracked by PitchBook.
Voya Financial (Life In-force Business)The individual life in-force business of Voya Financial was acquired by Resolution Life, via its financial sponsors Temasek Holdings, JPMorgan Chase, Helix Equities, Kohlberg Kravis Roberts and Universities Superannuation Scheme, through a $1.5 billion LBO on January 4, 2021. The transaction provides Resolution Life with a strong platform to capitalize on future growth opportunities in the US market and diversify its risk profile against the Resolution Australasia and Resolution Re liabilities.
Novasep BelgiumThe company was acquired by Thermo Fisher Scientific (NYS: TMO) for $879.72 million on January 15, 2021. The acquisition will help strengthen the medical device maker’s position in the fast-growing field of gene therapy manufacturing. The company is no longer actively tracked by PitchBook.
Kuehne + Nagel (UK Contract Logistics Portfolio)The UK contract logistics portfolio business of Kuehne + Nagel was acquired by XPO Logistics for GBP 500 million on January 4, 2021. The business division is no longer actively tracked by PitchBook.
AstraZeneca (Commercial Rights of Atacand and Atacand Plus)The commercial rights for Atacand and Atacand Plus heart drugs of AstraZeneca PLC (LON: AZN) were acquired by Cheplapharm for $400 million on January 4, 2021. The asset is no longer actively tracked by PitchBook.
Arbonia (Windows Business)The Windows Business of Arbonia (SWX: ARBN) was acquired by Dovista Group for CHF 350 million on January 9, 2021. The acquisition supports Dovista Group in gaining access to the Central European markets of Switzerland, Germany, Poland, and Slovakia. The business unit is no longer actively tracked by PitchBook.
Integra LifeSciences (Extremity orthopedic business)The Extremity orthopedic business of Integra LifeSciences (NAS: IART) was acquired by Smith & Nephew (LON: SN.) for $240 million on January 4, 2021. This transaction will increase Integra LifeSciences’ focus on neurosurgery, surgical instrumentation and regenerative medicine. The business division is no longer actively tracked by PitchBook.
NAL ResourcesThe company, a subsidiary of Manulife (TSE : MFC), was acquired by Whitecap Resources (TSE: WCP) for CAD 155 million on January 4, 2020. The acquisition will position Whitecap to further advance its internal opportunities, as well as its ability to selectively consolidate high-quality assets in core areas of operation. The company is no longer actively tracked by PitchBook.
RUTGERS PolymersThe companies were acquired by Cyalume Technologies, via its financial sponsor Arsenal Capital Partners, through an Rs. 6374 million LBO on January 1, 2021. Cyalume Technologies acquired RUTGERS Polymers, Canada for Rs 5737 million and Handy Chemicals for Rs 637 million. The companies are no longer actively tracked by PitchBook.
CimatronThe company, a subsidiary of 3D Systems, was acquired by SigmaTEK Systems, via its financial sponsor Battery Ventures, through an estimated $64.2 million LBO on January 1, 2021. Using a portion of the proceeds from the sale, 3D Systems paid off approximately $21 million of outstanding balances under its senior secured term loan facility. The company is no longer actively tracked by PitchBook.
InterEnergy Holdings (Matafongo Project)The Matafongo Project of Inveravante was acquired by Grupo Popular and InterEnergy Holdings, via its financial sponsors Barings, IFC Asset Management Company and Portland Private Equity through a $52 million LBO on January 10, 2021. The project is no longer actively tracked by PitchBook.
Analytical TechnologyThe company, a subsidiary of Thermo Electron, was acquired by Badger Meter (NYS: BMI) for $44 million on January 8, 2021.
HC2 Station Group (Four Television Stations in Dallas, Houston and Phoenix)Four Television Stations of HC2 Station Group, a subsidiary of HC2 Broadcasting Holdings, were acquired by an undisclosed investor for $35 million on January 4, 2021. The proceeds from the transaction will help HC2 Broadcasting in reducing its debt. The assets are no longer actively tracked by PitchBook.
Mezon RetailThe retail broadband and internet protocol television (IPTV) business of Telecentras was acquired by Bite Lietuva, via its financial sponsor Providence Equity Partners, through an estimated EUR 20 million LBO on January 4, 2021. The business unit is no longer actively tracked by PitchBook.
Kleo PharmaceuticalsThe company was acquired by Biohaven Pharmaceutical (NYS: BHVN) for $20 million on January 7, 2021, putting the company’s pre-money valuation at $270 million. Previously, the company received $5 million of grant funding from Bill & Melinda Gates Foundation on July 8, 2020.
The QuadrantThe Quadrant was acquired by Kadans Science Partner, via its financial sponsor Oaktree Capital Management, through a GBP 13 million LBO on January 12, 2021. The asset is no longer actively tracked by PitchBook.
Mallee Bull ProjectThe Mallee Bull Project was acquired by Peel Mining (ASX:PEX) for an undisclosed amount on January 6, 2021. The asset is no longer actively tracked by PitchBook.
Osmotica Pharmaceuticals (OSMOLEX ER)The Osmolex ER brand of Osmotica Pharmaceutical was acquired by Adamas Pharmaceuticals for EUR 7.5 million on January 5, 2021. The acquisition will help Adamas Pharmaceuticals in broadening its presence in neurology and its ability to serve more patients. The asset is no longer actively tracked by PitchBook.
REMAINING 99 DEALS
2CH 1170The company, a subsidiary of EON 2CH, was acquired by Sports Entertainment Network, a subsidiary of Pacific Star Network (ASX: SEG), for AUD 11.2 million in January 2021. The company is no longer actively tracked by PitchBook.
InvigiaThe company, a subsidiary of Equiniti Group, was acquired by Northgate Public Services, a subsidiary of NEC Corporation (TKS: 6701), for GBP 2 million on January 4, 2021. The company is no longer actively tracked by PitchBook.
Abergavenny Fine Food (Blended Cheese Business in United Kingdom)The company, a business unit of Abergavenny Fine Foods was acquired by Somerdale International Limited for an undisclosed amount on January 11, 2021. The acquisition will enable Somerdale International to grow and develop its portfolio of blended cheese developed specifically for the international market. The business unit is no longer actively tracked by PitchBook.
Adoria Partners (1.6 MW Two Solar Plants in Marche)The solar plants of Adoria Partners were acquired by Sonnedix, via its financial sponsor JP Morgan Asset Management, through an LBO on January 7, 2020 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Analytical & Development ServicesThe company, a subsidiary of Concept Life Sciences, was acquired by SGS (SWX: SGSN) for an undisclosed amount on January 7, 2021. The company is no longer actively tracked by PitchBook.
Atonix DigitalThe company, a subsidiary of Black & Veatch was acquired for an undisclosed amount on January 14, 2021. The spinoff will allow the company to have greater flexibility in pursuing new and emerging markets, as well as giving clients more tailored solutions for managing their asset performance.
Banca IFIS (Rainbow)The Rainbow portfolio of Banca Ifis (MIL: IF) was acquired by Intrum Italy for an undisclosed amount on January 4, 2021. The acquisition is a part of a collaboration between the two companies aimed at enhancing synergies between respective operating models. The asset is no longer actively tracked by PitchBook.
BDO Northern Ireland (Exempt Property Unit Trust Administration Business)Exempt Property Unit Trust Administration Business of BDO Northern Ireland, was acquired by Mattioli Woods (LON: MTW) for an undisclosed amount on January 14, 2021. The business unit is no longer actively tracked by PitchBook.
Belectric (U.S. Solar Operations And Maintenance O&M Business)The company, a business unit of Belectric, was acquired by Consolidated Asset Management Services for an undisclosed amount on January 12, 2021. The acquisition complements and further strengthens CAMS existing capabilities and markets in the power generation industry. The Belectric portfolio includes 141 operating sites in 11 states. The business unit is no longer actively tracked by PitchBook.
BetterWork Media GroupThe company, a subsidiary of Tanda, was acquired by Ms. Ana Dirksen, Mr. Kevin Fields, Ms. Ashley St. John and Ms. Lauren Wilbur for an undisclosed amount on January 6, 2021.
Blueway (Georgia) (11 Mitigation Banking Assets)The 11 mitigation banking assets of Blueway (Georgia) were acquired by Resource Environmental Solutions and Ecosystem Investment Partners on January 5, 2021 for an undisclosed sum. The assets are no longer actively tracked by PitchBook.
Booz Allen Hamilton – Technical, Engineering, Advisory, and Management Support (TEAMS)The business unit of Booz Allen, was acquired by System High, via its financial sponsor Enlightenment Capital, through an LBO on January 11, 2020 for an undisclosed sum. The company is no longer actively tracked by PitchBook.
Breaker (Entertainment Software)The company was acquired by Twitter (NYS: TWTR) for an undisclosed amount on January 5, 2021.
Building Energy (40 MW Of Small-Scale Solar Projects In Chile)The solar plants of Building Energy Andes SpA, were acquired by Sonnedix, via its financial sponsor JP Morgan Asset Management, through an LBO on January 4, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Cepsa HogarThe residential electricity and gas portfolio of Compañía Española de Petróleos was acquired by Podo (Madrid) on January 7, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Chicobi Group (Turgeon Lake Project in Abitibi, Quebec)Turgeon Lake project of Chicobi Group, was acquired by Bullion Gold (CVE: BGD.H), for an undisclosed amount on January 15, 2021. The asset is no longer actively tracked by PitchBook.
Companion Hospice (California Operations)The company, a subsidiary of Companion Hospice (US), was acquired by Bristol Hospice, via its financial sponsor Webster Equity Partners, through an LBO on Janurary 5, 2021 for an undisclosed sum. The company is no longer actively tracked by PitchBook.
ControlcoThe company, a subsidiary of Buildings IOT was acquired in a Management Buyout by Mr. Jason Dewar and Chip Cummins for an undisclosed amount on January 7, 2021.
Corbion (Frozen Dough Business)The frozen dough business of Corbion (AMS: CRBN) was acquired by FroDo Baking Company for an undisclosed amount on January 11, 2021. The divestment allows Corbion to further increase it’s focus on it’s preservation and functional systems ingredients. The business unit is no longer actively tracked by PitchBook.
Core One Labs (Non-Core Assets and Subsidiaries Based in California, United States)Non-core assets and subsidiaries of Core One Labs (CNQ: COOL), were acquired for an undisclosed amount on January 15, 2021. The total consideration consists of CAD 3 million plus the assumption of approximately CAD 4 million in related liabilities including “CSPA Group, Inc. Completion of this sale will allow Core One Labs to focus on its core business, namely the continued development of alternative psychedelic drugs and experiential therapies, as well as its CannaStripTM delivery technology. The company is no longer actively tracked by PitchBook.
Danish Hydrogen FuelThe company was acquired by Everfuel Europe (OSL: EFUEL) for an undisclosed amount on January 9, 2021. The acquisition will strengthen Everfuel ‘s position as the leading hydrogen fuel company in Scandinavia. The company is no longer actively tracked by PitchBook.
Deluxe Entertainment Services Group (Creative Business)The creative business division of Deluxe Entertainment, was acquired by Framestore, via its financial sponsors Aleph Capital Partners and Crestview Partners, through an LBO on January 14, 2021 for an undisclosed sum. The business division is no longer actively tracked by PitchBook.
Deluxe RewardsThe company, a subsidiary of Deluxe (NYSE: DLX) was acquired by Augeo Affinity Marketing for an undisclosed amount on January 5, 2021. The acquisition will help Augro to bring a patented, dual-currency, loyalty and engagement technology powered by an expansive collection of premium retail goods and travel services. The business unit is no longer actively tracked by PitchBook.
Diebold Nixdorf (Merchandise Retail System)The Merchandise Retail System of Diebold Nixdorf (NYSE: DBD) was acquired by Sesa Group for an undisclosed amount on January 14, 2021. The business unit is no longer actively tracked by PitchBook.
Digital Assets DataThe company was acquired by NYDIG on January 11, 2021 for an undisclosed sum. The company is no longer actively tracked by PitchBook.
Digital Remedy (Direct Division)The division of Digital Remedy was acquired by Perform[cb], via its financial sponsor Centre Lane Partners, through an LBO on January 11, 2021 for an undisclosed sum. The division is no longer actively tracked by PitchBook.
Eagle American Insurance Agency (Mesa and Denver Operations)The Mesa and Denver Operations of Eagle American Insurance Agency, was acquired by Hub International, via its financial sponsors Hellman & Friedman, AlpInvest Partners, Altas Partners and HarbourVest Partners through an LBO on January 14, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
EMX Royalty (Red Lake Mineral Claims)The Mineral Claims in Red Lake, Ontario of EMX Royalty (CVE: EMX) were acquired by Stone Gold (TSX-V: STG) for an undisclosed amount on January 14, 2021.
Energy Pool (Two 5-MWp Solar Photovoltaic PV Projects Located in Toledo)The two 5-MWp solar photovoltaic (PV) projects located in Toledo of Company A was acquired by Audax Renovables (XMAD: ADX) for an undisclosed amount on January 14, 2021. The asset is no longer actively tracked by PitchBook.
Evolution (Missouri)The company was acquired by Sonsio for an undisclosed amount on January 1, 2021. The company is no longer actively tracked by PitchBook.
Express Engineering (Aerospace Division)The aerospace division of Express Engineering was acquired by Paralloy & FVC, via its financial sponsor Nimbus (Netherlands), through an LBO on January 4, 2021 for an undisclosed sum. The division is no longer actively tracked by PitchBook.
FablThe company was acquired by Britelite Immersive for an undisclosed amount on January 8, 2021.
Fast HeatThe company, a subsidiary of Tutco, was acquired by Spark Industries for an undisclosed amount on January 4, 2021. The company is no longer actively tracked by PitchBook.
Fast Trac Express Car Wash (Two Express Conveyor Car Washes in Tuscaloosa and Northport)The two express conveyor car washes of Fast Trac Car Washes, was acquired by Mammoth Holdings, via its financial sponsors Red Dog Equity and The Pritzker Organization, through an LBO on January 7, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Fonroche BiogazThe company was acquired by Total (PAR: FP) from Fonroche Group for an undisclosed amount on January 11, 2021. The acquisition significantly strengthens Total’s presence in renewable gas sector in France and Europe. The company is no longer actively tracked by PitchBook.
GallitoThe company, a subsidiary of Dust Control Systems, was acquired for an undisclosed amount on January 13, 2021. The divestment is in line with Absolent Group’s strategy and sharpens the focus on core growth platforms.
GB Group (Marketing Services Division)The Marketing Division of GB Group, was acquired by HH Global, via its financial sponsor The Blackstone Group, through an LBO on January 13, 2021 for an undisclosed sum. The division is no longer actively tracked by PitchBook.
Global Trust CertificationThe company, a subsidiary of SAI Global, was acquired by NSF International for an undisclosed amount on January 7, 2021. The acquisition is aligned with NSF’s strategy of expanding its capabilities and expertise in seafood standards and certification programs globally. The company is no longer actively tracked by PitchBook.
H20 Asset ManagementThe company, a subsidiary of Natixis Investment Managers was acquired through an MBO for an undisclosed amount on January 4, 2021.
Habitu HealthThe company was acquired by RxE2 for an undisclosed amount on January 11, 2021. The company is no longer actively tracked by PitchBook.
Info Solution (Technological Consultancy Business Unit)The technological consultancy business, a unit of Info Solution, was acquired by Enginium, a subsidiary of GI Group (Italy), for an undisclosed amount on January 12, 2021. The acquisition strengthen Enginium’s technological skills and know-how in the aerospace, defense, telecom and energy sectors. The business unit is no longer actively tracked by PitchBook.
IPRC (Morocco)The company, a subsidiary of Trigone Informatique, was acquired by Hightech Payment Systems (CAS: HPS) for an undisclosed amount on January 7, 2020. The acquisition will complete the HPS offer with new high value-added services around PowerCARD solutions, which will allow its customers to benefit from the combined expertise of the HPS and IPRC teams. The company is no longer actively tracked by PitchBook.
Joint Venture (Cosmo Ambiente/Francesco Parisi Casa di Spedizioni/ICOP/Interporto Bologna)The seaport of Trieste, Italy was acquired by Hamburger Hafen (ETR: HHFA) from Francesco Parisi Group, Icop, Interporto di Bologna and Cosmo Ambiente for an undisclosed amount on January 8, 2021. With the acquisition, Hamburger Hafen is positioning itself in a growing market on the Adriatic whose strategic position offers great opportunities for development. The asset is no longer actively tracked by PitchBook.
Kingfisher Day Nursery (Derby Location)The company, a subsidiary of Kingfisher Day Nursery was acquired by Babblebrooke Day Nursery for an undisclosed amount on January 5, 2021. The business unit is no longer actively tracked by PitchBook.
KiwiSecurityThe company was acquired by Genetec for an undisclosed amount on January 6, 2021. The acquisition will enable Genetec to continue expanding it’s footprint into Central Europe and sustain the continued year-on-year growth in Europe and the rest of the world. The company is no longer actively tracked by PitchBook.
L’Oréal (Cosmeurop Perfume Production Site in Strasbourg)Cosmeurop Perfume Production Site of L’Oreal was acquired by Superga Beauty for an undisclosed amount on January 13, 2021. The asset is no longer actively tracked by PitchBook.
Lanxess (Reverse Osmosis Membrane Portfolio)The Reverse Osmosis (RO) membrane portfolio of Lanxess was acquired by Suez Environnement for an undisclosed amount on January 4, 2021. The acquisition will allow Suez to further help customers address water treatment challenges. The asset is no longer actively tracked by PitchBook.
Level Effect (EDR Technology)The Endpoint Detection And Response Technology of Level Effect was acquired by Huntress Labs for an undisclosed amount on Jnuary 12, 2021. The acquisition will enable Huntress to expand and strengthen its detection and response capabilities, allowing the company’s partners to capture more holistic views of endpoint security and better-protect their end customers. The asset is no longer actively tracked by PitchBook.
LKQD TechnologiesThe company, a subsidiary of Nexstar Media Group (NAS: NXST), was acquired by Verve Wireless for an undisclosed amount on January 11, 2021. The company is no longer actively tracked by PitchBook.
Montana Hydraulics (Railroad Services Division)The railroad services division of Montana Hydraulics, LLC, was acquired by Loram Maintenance of Way for an undisclosed amount on January 11, 2021. The purchase also included Montana Hydraulics’ bi-directional ballast plows, Grizzly side dump conversions and Bobcat tarp systems. The business unit is no longer actively tracked by PitchBook.
MoonlightingThe company was acquired by CareerGig for an undisclosed amount on January 12, 2021. The company is no longer actively tracked by PitchBook.
Nikkiso (Turboexpander Business)The company, a business unit of Cryogenic Industries, was acquired by Air Liquide for an undisclosed amount on January 1, 2021. The business unit is no longer actively tracked by PitchBook.
Novartis (2 Pharmaceutical Manufacturing Sites)The 2 Pharmaceutical Manufacturing Sites in Barcelona, Spain of Novartis (SWX: NOVN) were acquired by Siegfried Holding (SWX: SFZN) for an undisclosed amount on January 7, 2021. With this acquisition, Siegfried Holding will enhance its global production network in terms of capacity and technological capabilities. The asset is no longer actively tracked by PitchBook.
Paragon Toolmaking CompanyThe company, a subsidiary of The Pexion Group, was acquired by Mr. Daniel Beaumont for an undisclosed amount on January 14, 2021.
Pharos Group (Pharos Generator Services and Field Engineering Services)The business unit of Pharos Group, was acquired by RSK Group, via its financial sponsor BGF, through an LBO on January 14, 2021 for an undisclosed sum. The company is no longer actively tracked by PitchBook.
PIMS of London (North American Pipeline Integrity Business)The business of PIMS of London was acquired by LineStar Integrity Services, via its financial sponsor First Reserve, through an LBO on January 11, 2021 for an undisclosed sum. The business is no longer actively tracked by PitchBook.
Poppin (Social/Platform Software)The company was acquired by Ingresse, a subsidiary of Fandango, for an undisclosed amount on January 6, 2021. The company is no longer tracked by PitchBook.
Postbank SystemsThe company, a subsidiary of Deutsche Bank (ETR: DBK), was acquired by Tata Consultancy Services (NSE: TCS) for an undisclosed amount on January 1, 2021. The company is no longer actively tracked by PitchBook.
Postr MediaThe company was acquired by Play2Pay for an undisclosed amount on January 12, 2021. The company is no longer tracked by PitchBook.
PPV (Centralized Wastewater Treatment Facility in Portland)The Centralized wastewater treatment facility of PPV, was acquired by Patriot Environmental Services, via its financial sponsors Solace Capital Partners and Angeleno Group, through an LBO on January 14, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Progress Rail (Amarillo Railcar Repair Facility)The repair facility of Progress Rail Services was acquired by Appalachian Railcar Services, a subsidiary of Cathcart Rail, on January 4, 2021 for an undisclosed sum. The facility is no longer actively tracked by PitchBook.
Quibi (Global Content Distribution Rights)The Global Content Distribution Rights of Quibi were acquired by Roku (NAS: ROKU) for an undisclosed amount on January 8, 2021. The asset is no longer actively tracked by PitchBook.
RouteFireThe company was acquired by Coinbase for an undisclosed amount on January 7, 2021. The acquisition will help Coinbase improve its trading services.
SandymountThe company was acquired by Alfa Laval (STO: ALFA) for an undisclosed amount on January 12, 2021. The company is no longer actively tracked by PitchBook.
Service ChampionsThe company, a subsidiary of Moore Home Services was acquired by Odyssey Investment Partners for an undisclosed amount on January 4, 2021.
Snells (Concrete and Ballast Operations in Luleå)The concrete and ballast operations of Snells were acquired by Swerock, a subsidiary of Peab (STO: PEAB-B), for an undisclosed amount on January 4, 2021. The acquisition strengthens Peab’s market position in asphalt, mineral aggregates and cement in Norrland as well as entails synergies for both Swerock and Peab Asfalt. The business unit is no longer actively tracked by PitchBook.
Solaer (110 MW Photovoltaic Plant in Jerez)A 110 MW plant in Jerez of Solaer was acquired by BRUC Management for an undisclosed amount on January 14, 2021. The asset is no longer actively tracked by PitchBook.
Spirit of Texas Bank (Branch in Jacksboro, Texas)The branch of Jacksboro of Spirit Of Texas Bank (NAS: STXB) was acquired by First State Bank (PINX: FSNJ) for an undisclosed amount on January 11, 2021. The acquisition also includes the selling of loans of approximately $3.5 million, deposits of approximately $5.7 million and the real property on which the branch was located. The asset is no longer actively tracked by PitchBook.
Store Service (60 Avia Forecourt Stores)The 60 Avia Forecourt Stores of Store Service was acquired by SPAR International for an undisclosed amount on January 1, 2021. The business unit is no longer actively tracked by PitchBook.
StreetCredThe company was acquired by Snap (NYS: SNAP) for an undisclosed amount on January 11, 2021.
Suez Environnement (2 Industrial Sites in Normandy)The two industrial sites of Suez Environnement were acquired by GDE Groupe Ecore, via its financial sponsors Kartesia, Hivest Capital Partners and H.I.G. Capital through an LBO on January 5, 2021. The assets are no longer actively tracked by PitchBook.
Takeda Pharmaceutical (Buccolam)The Buccolam brand of Takeda Pharmaceutical Company was acquired by Neuraxpharm Arzneimittel, via its financial sponsor Altamir and Apax Partners, through an LBO on January 12, 2021 for an undisclosed sum. The asset is no longer actively tracked by PitchBook.
Tasmanian Electro Metallurgical CompanyThe company, a subsidiary of South32 (ASX: S32) was acquired by GFG Alliance for an undisclosed amount on January 4, 2021. The acquisition enables GFG Alliance to become self-sufficient in the supply chain. The company is no longer actively tracked by PitchBook.
The GDM GroupThe company was acquired in a management buyout which was led by GDM Group managing director and co-founder Gary Draper, alongside chairman Nigel Taylor and co-founders and directors, David Moseby, Craig Scott, Chris Doyle and Alex Riche, for an undisclosed amount on January 15, 2021, and subsequently, the company was merged with Concourse FM, a facilities management company
Trident Assured Collaboration SystemsThe company, a business unit of Trident Systems, was acquired by Owl Cyber Defense Solutions, via its financial sponsor DC Capital Partners, through an LBO on January 5, 2021 for an undisclosed sum. The company is no longer actively tracked by PitchBook.
TuTuCloudThe company was acquired by Zhejiang Daily Interactive Network Technology (SHE: 300766) for an undisclosed amount on January 14, 2021.
Unilever (Bertolli’s European Business )The Bertolli brand’s European Business of Unilever was acquired by Enrico Mediterrane Specialiteiten, via its financial sponsor Victus Participations, through an LBO on January 4, 2021 for an undisclosed sum. The business is no longer actively tracked by PitchBook.
World Marine and General InsuranceThe company, a subsidiary of BHP Group (ASX: BHP), was acquired by Randall & Quilter Investment Holdings (LON: RQIH) from for an undisclosed amount on January 5, 2021. The company is no longer actively tracked by PitchBook.
Z1 TelevizijaPevex (ZAG: PVCM) sold its TV station, Z1 Televizija to Kodiak Trade for an undisclosed amount on January 5, 2021. The sale was made by Pevex to focus on its core business.
This report is still in beta testing as we attempt to provide data and research with the goal of accredited investors networking with members of the RHC family of funds for sharing deal flow and co-investing. Contact JD Morris for introduction to RHC funds and their limited partners via LinkedIn. URL: https://www.linkedin.com/in/admin4jdm/

Author: JDM

Learn more about JDM Biography on LinkedIn: http://www.linkedin.com/in/jdmorris

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