Mergers & Acquisitions

Public

• CBS, a commercial television and radio network, in its $30 billion merger with Viacom in an all-stock deal.
• Patrick Drahi, a media entrepreneur and art collector, in his $3.7 billion acquisition of Sotheby’s, an auction house.
• Grab Holdings, the provider of software application ride-hailing transport services, food delivery and payment solutions, in the acquisition of Uber Technologies Inc.’s business in nine countries in Southeast Asia.
• CF Finance Acquisition Corp., a special purpose acquisition company sponsored by investment firm Cantor Fitzgerald, in its merger with GCM Grosvenor, an alternative asset management firm.
• CF Finance Acquisition Corp. II, a special purpose acquisition company sponsored by investment firm Cantor Fitzgerald, in its merger with View, a smart window company, which took the company public.
• Kensington Acquisition Corp., a special purpose acquisition company, in its $3.3 billion merger with QuantumScape, an electric vehicle battery supplier backed by Volkswagen Group.
• Platinum Equity, a private equity firm, in its: 
  • strategic partnership with Nesco Holding for the rental equipment provider's pending acquisition of heavy equipment solutions provider Custom Truck One Source for $1.475 billion; and 
  • $1.9 billion acquisition of Wesco Aircraft Holdings, an aerospace supply chain management service provider.

Private

• Condé Nast, a mass media company, in its: 
  • sale of Golf Digest, a leading golf media brand, to Discovery Inc.;
  • sale of Brides Magazine, a leading wedding and bridal brand, to Dotdash; and
  • sale of W Magazine, a fashion magazine, to Future Media Group.
• Madison Square Garden, a live sport and entertainment company in its:
  • sale of the WNBA team New York Liberty to an investment group led by Joe Tsai, the co-founder and executive vice chairman of e-commerce and technology company, Alibaba Group;
  • acquisition of TAO Group, a restaurant and nightclub operator;
  • acquisition of a controlling interest in Boston Calling Events, the company that produces, organizes and manages the Boston Calling music festival;
  • acquisition of a majority stake in Counter Logic Gaming, the owner and manager of several leading e-sports teams and a corresponding branding and marketing partnership; and
  • acquisition of a 50 percent stake in Tribeca Enterprises, the company that owns and operates the acclaimed Tribeca Film Festival and other businesses.
• Zoetis, an animal health company, in its acquisition of Platinum Performance, a nutrition-focused animal health business offering premium nutritional product formulas for horses, dogs and cats.
• JD Sports Fashion, a British sports and fashion retailer, in its acquisition of Shoe Palace and Nice Kicks, U.S.-based athletic shoe retailers.
• Millarworld, a comic book publisher, in its sale to Netflix, the first-ever acquisition for the global streaming giant.
• Sony Music Entertainment, a music conglomerate, in its:
  • sale of The Orchard Film Group to 1091 Media, an investment group affiliated with Dimensional Associates, the private equity arm of JDS Capital Management; and
  • acquisition of the music merchandising business of Araca Group, a theatrical production company.
• Daimler Trucks and Buses Holdings, a heavy-duty truck manufacturer and subsidiary of Daimler AG, in its acquisition of a majority stake in Torc Robotics, a self-driving autonomous vehicle software and driverless car systems company.
• Orient Overseas International, a shipping line, in its $1.78 billion sale of the Long Beach Container Terminal in Southern California, one of the nation’s busiest port terminals, to a consortium led by Macquarie Group.
• Turnitin, a provider of academic integrity and assessment solutions, in its acquisition of ExamSoft, a software-based assessment platform.
• Bluestar Alliance, a brand management firm, in its acquisition of Hurley International from Nike.
• The shareholders of BAC Florida Bank in the sale of the Coral Gables-based bank to Banco Bradesco.
• Banco Davivienda in its $801 million acquisition of HSBC’s retail operations in Costa Rica, Honduras and El Salvador.
• Cartamundi, a playing card and board game manufacturer, in its acquisition of the United States Playing Card Company, a producer and distributor of playing cards, from Newell Brands.
• Cenveo Worldwide, a commercial printing solutions provider, in the sale of its long-run labels and receipt paper assets to Iconex, an office products manufacturer.
• Chiltern International, a contract research organization, in its $1.2 billion sale to diagnostics company Laboratory Corp. of America Holdings.
• GB Auto Service, a tire retail and automotive services chain and portfolio company of Greenbriar Equity Group, in multiple acquisitions of auto repair service companies in the southwest United States.
• Greenbriar Equity Group, a private equity firm, in its:
  • formation of GB Auto Service, a tire retail and automotive services chain, and related “platform” acquisitions and subsequent add-on acquisitions;
  • acquisition of Nordco, a railroad maintenance equipment and services company, from the private equity arm of the Ontario Municipal Employees Retirement System; and
  • acquisition of PetroChoice, a distributor of commercial, industrial and passenger vehicle lubricants, from KRG Capital Management and subsequent acquisitions by PetroChoice.
• Infosys, an IT consulting and outsourcing services provider, in its:
  • acquisition of Blue Acorn iCi, a digital services and consulting agency;
  • acquisition of Kaleidoscope Innovation, a product design and development company; and
  • acquisition of Simplus, a Salesforce quote-to-cash provider.
• Roberta Lipson, the founder and CEO of United Family Healthcare, a private hospital operator, in the $1.44 billion sale of the company to New Frontier Corporation.
• An investment group led by Smithfield Group and Kensington Capital Partners in the acquisition of Pure Power Technologies, Inc., a supplier of fuel-injection systems, from Navistar, Inc., and the subsequent sale of Pure Power to Stanadyne LLC, a supplier of fuel management systems.
• Wipro, an information technology, consulting and outsourcing firm, in the:
  • acquisition of Eximius Design, an engineering services company;
  • sale of its human resources management business to Alight Solutions, a benefits administrator owned by the Blackstone Group;
  • acquisition of Rational Interaction, a full-service digital customer experience company; and
  • acquisition of International TechneGroup, a digital engineering and manufacturing solutions company.