14 Notable Merger & Acquisition Deals of August 2014: Investment Idea of the Day

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According to an M&A report for the month of August 2014 by Zephyr, a database of M&A, IPO, and private equity and venture capital deals, the value of mergers and acquisitions (M&A) deals in North America retreated in August 2014 majorly due to declined transactions in the U.S. In August, total North American deals valued at $96.1 billion, down 44% from the previous month, while it declined 10% over the same quarter last year. Total deal volumes for the month remained 1,173 transactions. In The U.S., total deal value halved to $78.5 billion from $156.9 billion in July 2014, while volume fell at the slower rate of 27% to 922 transactions from 1,266 transactions in July.

Today, we have highlighted 14 notable U.S. acquisition deals across sectors announced during the month of August, 2014. We note that the acquiring company stocks have accumulated gains during the past one month with daily average trading volume in excess of 100,000 shares. All the shortlisted deals transactions were made in cash.

Acquiring Company

Exchange

Ticker

Market Cap
($ Mn)

Last Price

Volume Change
(1-month)

Price Return
(1-Month)

Target Company

Announced Deal Value
($ Mn)

Deal Status

Deal Announced Date

Scientific Games Corp

NASDAQ

SGMS

1,130.1

13.35

2,330,561

83.9%

Bally Technologies Inc

5,053.4

Pending

08/01/2014

Premier Inc

NASDAQ

PINC

1,026.7

31.70

158,744

11.2%

Theradoc Inc

117.0

Pending

08/05/2014

Platform Specialty Products Corp

NYSE

PAH

3,692.0

26.89

251,052

4.0%

Agriphar SA

401.1

Pending

08/06/2014

Encore Capital Group

NASDAQ

ECPG

1,164.9

45.45

226,091

4.0%

Atlantic Credit & Finance

70.0

Completed

08/07/2014

Martin Midstream Partners LP

NASDAQ

MMLP

1,188.8

38.80

156,835

6.9%

Cardinal Gas Storage Partners LLC

120.0

Completed

08/11/2014

Roadrunner Transportation Systems

NYSE

RRTS

981.2

25.88

204,513

3.8%

Active Aero Group Inc

115.0

Completed

08/11/2014

ClubCorp Holdings

NYSE

MYCC

1,136.5

17.64

290,035

5.5%

Sequoia Golf Holdings

265.0

Pending

08/13/2014

MedAssets Inc

NASDAQ

MDAS

1,351.0

22.48

650,824

4.0%

Sg-2 LLC

142.0

Pending

08/13/2014

Briggs & Stratton

NYSE

BGG

904.7

19.75

392,189

1.8%

Allmand Brothers Inc

62.0

Completed

08/14/2014

Ply Gem Holdings Inc

NYSE

PGEM

875.2

12.90

293,427

31.0%

Simonton Windows Inc

130.0

Pending

08/20/2014

Dynegy Inc

NYSE

DYN

3,060.1

30.49

1,429,176

10.2%

EquiPower Resources

3,450.0

Pending

08/22/2014

Dynegy Inc

NYSE

DYN

3,060.1

30.49

1,429,176

10.2%

Duke Energy Retail Sales

2,800.0

Pending

08/22/2014

Sonoco Products Co

NYSE

SON

4,225.1

41.53

434,797

4.3%

Weidenhammer Packungen

377.5

Pending

08/25/2014

Mattress Firm Holding

NASDAQ

MFRM

2,210.0

64.66

245,393

34.7%

Back to Bed Inc

60.0

Pending

08/29/2014

Source: Bloomberg

Company Description

Scientific Games Corp (NASDAQ: SGMS)
Scientific Games Corporation provides services (SGMS) , systems, and products to both the pari-mutuel gaming and instant ticket lottery industries. The company operates an instant ticket and online lottery products, systems, and services business. Scientific also operates wagering and communications, venue management, and telecommunications products businesses.

Premier Inc (NASDAQ: PINC)
Premier Inc. (PINC) provides health care services. The company offers clinical and financial database, peers, food and drug administration, drug surveillance, pharmacy, health insurance, and healthcare consultancy.

Platform Specialty Products Corp (NYSE: PAH)
Platform Specialty Products Corporation (PAH) produces specialty chemical products and provides technical services. The company manufactures specialty chemicals used by the electronics, metal and plastic plating, graphic arts, and offshore oil production and drilling industries.

Encore Capital Group Inc (NASDAQ: ECPG)
Encore Capital Group, Inc. is involved in consumer debt buying and recovery. The company purchases portfolios of defaulted consumer receivables from banks, credit unions, and utility providers and partners with individuals as they repay their obligations and work toward financial recovery.

Martin Midstream Partners LP (NASDAQ: MMLP)
Martin Midstream Partners, LP, provides marine transportation, terminalling, distribution and logistical services for producers and suppliers of hydrocarbon products, specialty chemicals and other liquids. The company manufactures and markets sulfur based fertilizers and related products. The company primarily operates in the Gulf Coast region of the United States.

Roadrunner Transportation Systems Inc (NYSE: RRTS)
Roadrunner Transportation Systems, Inc. offers truck freight transportation services. The company offers less than truckload, truckload, parcel and intermodal truck freight delivery, and domestic and international air freight delivery services. Roadrunner operates through independent contractors.

ClubCorp Holdings Inc (NYSE: MYCC)
ClubCorp Holdings, Inc. operates as a membership-based leisure business. The company owns and operates private golf, country, business, sports and alumni clubs in North America.

MedAssets Inc (NASDAQ: MDAS)
MedAssets Inc. provides technology-enabled products and services for hospitals and health systems. The company’s technology-enabled solutions are delivered primarily through company-hosted, or ASP-based, software supported by enterprise-wide sales, account management, implementation services and consulting.

Briggs & Stratton Corp (NYSE: BGG)
Briggs & Stratton Corporation designs, manufactures, markets, and services air cooled gasoline engines for outdoor power equipment. The company’s engines are aluminum alloy gasoline engines ranging from three to 25 horsepower. Briggs & Stratton markets and services its products to original equipment manufacturers worldwide.

Ply Gem Holdings Inc (NYSE: PGEM)
Ply Gem Holdings Inc. operates as a holding company. The Company, through its subsidiaries, manufactures exterior building products such as vinyl siding and skirting, vinyl windows and doors, composite fencing, railing, and stone veneer. Ply Gem Holdings serves home repair, remodeling and new home construction sectors throughout the United States.

Dynegy Inc (NYSE: DYN)
Dynegy Inc. provides electricity to markets and customers throughout the United States. The company’s sell electric energy, capacity and ancillary services on a wholesale basis from its power generation facilities.

Sonoco Products Co (NYSE: SON)
Sonoco Products Company manufactures industrial and consumer packaging solutions for customers around the world. The company’s products include flexible packaging, high density film products, and folding cartons. Sonoco Products also has an integrated network of global technology centers focused on materials science, packaging engineering, and process improvement.

Mattress Firm Holding Corp (NASDAQ: MFRM)
Mattress Firm Holding Corp. is a specialty retailer of mattresses and related products and accessories in the United States. The company operates stores in multiple states that carry both a broad assortment of national mattress brands and its own exclusive brands.

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