Book of Lists 2014
Announced date Merged/Acquired business
Business description
BUSINESS SERVICES
M&A ANNUAL REPORT
Top M&A Deals 2013 Ranked by deal value (1)
Value
Buyer
Sellers The State of Michigan Retirement Systems
$302.36 million SCBT Financial Corp., Columbia
11/05/2013
Buffalo Lake Energy LLC and Pioneer Trail Energy LLC
Buffalo Lake and Pioneer Trail operate biofuel energy plants in Minnesota and Nebraska, respectively.
$108 million
Green Plains Renewable Energy Inc.
AgFirst Farm Credit Bank of Columbia, along with Standard Chartered PLC; Cooperatieve Centrale Raiffeisen-Boerenleenbank B.A.; First National Bank of Omaha Inc.; Amarillo National Bank; Farm Credit Bank Of Texas; and Castlelake LP
04/01/2013
Fortune Plastics Inc., Accutech Plastics and Direct Plastics Ltd.
Accutech Plastics, Fortune Plastics and Direct Plastics provide packaging solutions. Accutech Plastics is based in Coldwater, Ohio. Fortune Plastics is based in Old Saybrook, Conn. The Direct Plastics Group is based in Orangeville, Ontario.
$98.4 million
Hilex Poly Co. LLC, Hartsville
Clondalkin Group Holdings B.V., Netherlands
07/16/2013
Haven at Odenton Gateway, Odenton, Ma.
The Haven at Odenton Gateway apartment $61 million community includes 252 unites with a pool, fitness center, business center and other amenities.
AEW Capital Management LP, Boston
Johnson Development Associates Inc., Spartanburg
05/21/2013
Station Square at Cosner’s Corner, Station Square comprises a 260-unit Fredericksburg, Va. multifamily apartment community.
$48.9 million
Mid-America Apartment Communities Inc., Memphis
Johnson Development Associates Inc., Spartanburg
09/12/2013
22 Piggly Wiggly Stores
Of the 22 Piggly Wiggly stores sold, 16 are in South Carolina.
$35 million
Bi-Lo Holding LLC, formerly of Mauldin Piggly Wiggly Carolina Co. Inc. of Charleston
06/18/2013
Wood Creek CPGF 22 LP, Mesa, Ariz.
Wood Creek CPGF operates apartment communities in Mesa, Ariz.
$34 million
Hamilton Zanze and Co., San Francisco Century Properties Growth Fund XXII, Greenville
05/14/2013
Millennium Apartment Homes, Greenville
Millennium Apartment Homes includes 305 $33.6 million apartment units at 221 Fairforest Way.
KBS Legacy Partners Apartment REIT, Newport Beach, Calif.
N/A
12/18/2013
Certain business segments of Xerox Corp.
Sold assets include the product design, engineering and chemistry groups in Wilsonville, Ore.
3D Systems Inc., Rock Hill
Xerox Corp., Norwalk, Conn.
11/25/2013
12 Money Man Pawn Stores in the Charleston area
Money Man’s 12 locations had about $4.7 $30 million million in outstanding pawn loans and $2.9 million of merchandise inventory.
First Cash Financial Services Inc., Arlington, Texas
Money Man Pawn
06/21/2013
Stacy’s Greenhouses Inc., York
Stacy’s Greenhouses Inc. operates a $17 million nursery in South Carolina. It was founded in 1969 and filed for bankruptcy in June.
Metrolina Greenhouses Inc., Huntersville, N.C.
N/A
01/24/2013
Comfortaire Corp., Greenville
Comfortaire manufactures air mattresses.
$15.5 million
Select Comfort Corp., Minneapolis
Park Place Corp., Greenville
05/06/2013
Hilton Garden Inn Greenville
The hotel is at 108 Carolina Point Parkway in Greenville.
$15.3 million
Summit Hotel Properties Inc., Sioux Falls, S.D.
Deean Hospitality LLC, Greenville
04/24/2013
Hyatt Place North Charleston Hotel
Hyatt Place North Charleston Hotel is at 7331 Mazyck Road.
$11.8 million
Moody National HP N-Charles Holding LLC, Houston
First Florence Corp. Inc., Florence
08/14/2013
1200 Woods Chapel Road, Duncan
1200 Woods Chapel Road is a 156,000-square-foot industrial building occupied by Lear Corp.
$10.75 million
Chambers Street Properties, a real estate investment trust in New Jersey
ACPS LLC
www.gsabusiness.com | GSA Business
AWARDS
(1) This lists recaps mergers and acquisitions involving companies or assets in South Carolina. Only transactions in which deal value was disclosed are listed. (2) Seller is noted if a different entity than the asset sold. SOURCE: S&P Capital IQ Due to space constraints, only the top mergers and acquisitions are listed. Although every effort is made to ensure accuracy, errors sometimes occur. Email additions or corrections to gsanews@scbiznews.com.
REAL ESTATE & CONSTRUCTION
First Financial is the holding company for Charleston oldest and largest bank, First Federal Bank.
MEDICAL & HEALTH CARE
First Financial Holdings Inc., Charleston
HOSPITALITY
02/20/2013
INDUSTRIAL/MANUFACTURING
$718 million
CORPORATE WORLD
Edens is a real estate investment and development company.
FINANCIAL SERVICES
A stake in Edens, Columbia
EDUCATION
12/19/2013
$32.5 million
The Blackstone Group L.P., New York
77