Dealytics Weekly M&A Review

Welcome to the Dealytics weekly review where we list a summary of the top M&A deals, announcements, insights from the previous week.

Edition 44

Top Deals

(June 17, 2024) BlueTriton Brands to merge with Primo Brands for $4.3 billion.

• Bank of America Corp. ( Brian Handy , Andrew Conway ) and BMO Capital Markets ( Lyle Wilpon , Benjamin G. , Amit Melwani , J Robert Cusimano ) served as financial advisor to Primo Water Corp
• Goodmans LLP ( Laura Corridore , Michelle Vigod ), Kirkland & Ellis LLP ( Matthew Reilly, Christian Nagler , Stephanie Greco ), Faegre Drinker Biddle & Reath LLP ( Jon Nygren , Sean FitzGerald , Stephen Hamilton , Elizabeth Lange , Matt Meyers ) served as legal advisor to Primo Water Corp
• Morgan Stanley and Deutsche Bank AG served as financial advisor to BlueTriton Brands
• Latham & Watkins LLP ( Javier Stark , Andrew Elken , Alex Johnson ), Stikeman Elliott LLP ( David Tardif , Kevin A. Custodio , David Massé , John Leopold ) served as legal advisor to BlueTriton Brands

(June 16, 2024) A consortium of investors including Advent and Abu Dhabi Investment Authority (ADIA) to make an investment in Fisher Investments from its founder, Ken Fisher for an estimated $3 billion.

• J.P. Morgan Securities LLC ( Xavier Loriferne ) and RBC Capital Markets (Peter Spinelli) served as financial advisor to Fisher Investments
• Paul Hastings LLP ( Joseph Swanson, David Hearth) served as legal advisor to Fisher Investments
• Ropes & Gray LLP ( Ariel Deckelbaum , Fran Knox Faircloth , Megan Bisk , Annie Sipe , Jessica Reece , Andrea Hwang , Gregory Davis, James Dowden , Eve Ellis , Byung Choi , Brynn Rail , Jennifer Rikoski Whitney , Eric Behl-Remijan , Ruchit Patel , Christian Westra , Josh Lichtenstein , Jordan Altman , Erica Han , Matthew Richards ), and Gibson Dunn & Crutcher LLP served as legal advisor to the consortium of investors

(June 20, 2024) Honeywell International Inc. to acquire CAES from Advent for $1.9 billion.

• Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates ( Annie Villanueva Jeffers , David Wales , Alexandra McCormack , Page Griffin , Resa Schlossberg , Allison Schneirov ) served as legal advisor to Honeywell International
• Weil, Gotshal & Manges LLP ( Jacob Wronski , Jonathan Wood ) served as legal advisor to Advent International Corp

(June 20, 2024) Tate & Lyle plc to acquire CP Kelco ApS from J.M. Huber Corporation for $1.8 billion.

• Citi Inc. ( Andrew Seaton , Robert Way , Christopher Wren), Greenhill & Co. (Seamus Moorhead, Charlie Stripp , David Wyles ), and Goldman Sachs & Co. ( Anthony Gutman , Christian Bauer , Nicholas Harper) served as financial advisor to Tate & Lyle plc
• Linklaters LLP ( Namrata Shah , Sam Lintonbon , Thomas McGrath , Caroline Courtney , Marly Didizian , Simon Branigan) served as legal advisor to Tate & Lyle plc
• Bank of America Corp. served as financial advisor to J.M. Huber Corp
• Kirkland & Ellis LLP ( Kirsteen Nicol , Rachael Coffey, Layton Bell , Tom Roberts , Michael Saretsky , Francesca Storey-Harris , Jackie (Schruhl) Heffernan , Sara Zablotney , Anthony Antioch , Mavnick Nerwal , Timothy Campany, Irfan Ahmed , Michael Krasnovsky , Chris Chase , Max Harris , Emma Flett , Aaron Lorber , Jeff Seroogy , Keir MacLennan), White & Case LLP ( Orion Berg , Dr. Michael Engel , Heather Greenfield , James Killick ) served as legal advisor to J.M. Huber Corp

(June 18, 2024) A consortium of investors including KKR & Co. and Singtel to invest $1.3 billion in ST Telemedia Global Data Centres .

• J.P. Morgan & Co. served as financial advisor to ST Telemedia Global Data Centres
• Latham & Watkins LLP ( Michael D. Rackham , Sharon Lau ) served as legal advisor to ST Telemedia Global Data Centres
• Citi Inc. served as financial advisor to KKR & Co
• Freshfields LLP served as legal advisor to KKR & Co

(June 18, 2024) Boston Scientific Corp. to acquire Silk Road Medical, Inc. for $27.50 per share representing a 27% premium totaling $1.26 billion.

• Bank of America Corp. ( Milton Hsu , Andrew Halverstam , Ivan Farman) served as financial advisor to Silk Road Medical
• Wilson Sonsini Goodrich & Rosati ( Remi Korenblit , Robert Ishii ) served as legal advisor to Silk Road Medical
• Latham & Watkins LLP ( Betty Pang , Elizabeth Richards , Heather Deixler , Joshua Friedman , Nicholas J. DeNovio , Ian Nussbaum , Julie Scallen ) served as legal advisor to Boston Scientific Corp

(June 20, 2024) The Carlyle Group Inc. to acquire Energean plc's E&P assets in Egypt, Italy, and Croatia for $820 million.

• Rothschild & Co ( James McEwen , Ananya Modi , Murray Yuill , Peter Nicklin ) served as financial advisor to Energean plc
• White & Case LLP ( James Greene , Helen Joseph , Alessandro Seganfreddo , Nicholas Greenacre , Lauren Winter , Jessica Kemp , Ziad Gadalla , Allan Taylor ) served as legal advisor to Energean plc

(June 20, 2014) BridgePoint Advisors, LLC Ltd. to acquire Alpha FMC Plc for $6.42 per share representing a 51% premium totaling $796.19 million.

• Investec Bank plc ( James Rudd, Jonathan Arrowsmith , Patrick Robb , Edward Thomas ), Berenberg ( Toby Flaux , James Thompson , Alix Mecklenburg - Solodkoff , Miles Cox ) served as financial advisor to Alpha Financial Markets Consulting
• Addleshaw Goddard LLP served as legal advisor to Alpha Financial Markets Consulting
• Jefferies LLC ( Philip Noblet , Harry Bourne , James Umbers , Daniel Frommelt ), Peel Hunt ( Mark Barrow , Andrew Buchanan , Marc Jones , Michael Nicholson ) served as financial advisor to Bridgepoint Advisers
• Allen & Overy Shearman Sterling LLP served as legal advisor to Bridgepoint Advisers

(June 21, 2024) Altaris, LLC to acquire Sharecare Inc. for $1.43 per share representing an 85% premium totaling $518.2 million.

• Houlihan Lokey and MTS Health Partners LP served as financial advisor to Sharecare
• Wachtell, Lipton, Rosen & Katz ( Benjamin Arfa , Meng Lu , Rachel Reisberg , Ilene Gotts , Mark Gordon , Dan Neff ), and King & Spalding LLP ( Zack Davis , Jake Downing , Robert Leclerc , Keith Townsend , Rahul Patel ) served as legal advisor to Sharecare
• Kirkland & Ellis LLP ( Joshua Korff, Sara Zablotney , William Lay , David Feirstein ) served as legal advisor to Altaris LLC

(June 17, 2024) A consortium of investors including Searchlight Capital Partners LP and Ares Management Corporation to invest a $634.26 million in RSK Group Ltd.

• Houlihan Lokey Inc and UBS Investment Bank served financial advisor to RSK Group
• Travers Smith LLP served as legal advisor to RSK Group
• Willkie Farr & Gallagher LLP ( Andy Gray , Gavin Gordon ), and Dechert LLP served as legal advisor to Ares Management Corp

(June 17, 2024) IQVentures Holdings LLC to acquire The Aaron's Company, Inc. for $10.10 per share representing a 34% premium totaling $504 million.

• J.P. Morgan Securities LLC ( John Richert , Eric Anderson ) served as financial advisor to Aaron's Co
• Jones Day ( Emily Brandes Sawers , Bryan Davis , Darcy White ) served as legal advisor to Aaron's Co
• Stephens Inc. ( Bruce Miller ) served as financial advisor to IQVentures Holdings
• King & Spalding ( John Anderson , Erik Belenky , Cal Smith ) served as legal advisor to IQVentures Holdings

(June 21, 2024) American Express Co. to acquire Tock Inc. from Squarespace Inc. for $400 million.

• Morgan Stanley served as financial advisor to American Express Co
• Sullivan & Cromwell LLP ( Jameson Lloyd , Jeannette Bander , Mark Schenkel , Nader Mousavi , Stephen Salley ) served as legal advisor to American Express Co