M and A Navigator: Deal pipeline -19 February.

MANews-(C)2009-2015

The following is a list of deals covered in detail by M and A Navigator this week:

-SDI MEDIA AGREES TO USD 160M BUYOUT BY JAPANESE CONSORTIUM

A consortium of Japanese companies has signed a definitive agreement to acquire US-based media subtitling specialist SDI Media, SDI said on Thursday. The consortium acquiring SDI is led by Imagica Robot Holdings Inc. and includes the Cool Japan Fund and Sumitomo Corp. Under the deal, the consortium will acquire SDI for USD 160m from France-based financial services firm BNP Paribas SA. Imagica will own 50.1% of the company, with the other parties owning the rest.

Status: Agreed

-SOTHEBY'S BUYS STAKE IN COLLECTIBLE AUTO AUCTIONEER

US-based auctioneer Sotheby's (NYSE: BID) and Canada-based collectible automobile specialist RM Auctions have formed a new strategic partnership as Sotheby's acquires a 25% ownership interest in RM Auctions, which will now be known as RM Sotheby's, Sotheby's said. Sotheby's and RM have previously collaborated on a number of sales in both the United States and Europe, most notably the November 2013 Art of the Automobile auction in New York, which achieved nearly USD 63m in just two hours and saw a new auction record set for a Ferrari 250 LM at 14.3m.

Status: Closed

-CHECK POINT ACQUIRES ISRAELI CPU-LEVEL SECURITY ENGINE HYPERWISE

US-based computer security company Check Point Software Technologies Ltd. (NASDAQ: CHKP) has acquired Israel-based Hyperwise and its CPU-level threat prevention engine, the company said. Hyperwise is a privately held, early-stage company. Its CPU-level threat prevention engine is designed to eliminate threats at the point of pre-infection. This exploit prevention technology provides a higher catch rate of threats and provides organisations an unmatched level of protection against attackers, Check Point said.

Status: Closed

-SEGA MOBILE DIVISION ACQUIRES US GAME DEVELOPER

Japanese game company Sega's Sega Networks mobile unit has acquired US-based game maker Demiurge Studios and invested in two other game comapnies, the company said. Sega Networks has also established a majority share in San Francisco-based Ignited Artists, a gaming start-up currently prototyping their first title. Additionally, Sega Networks has made a strategic investment in UK-based gaming studio Space Ape Games. A top five publisher in Japan, Sega Networks said it is investing heavily in the West and with its latest acquisitions and investments, the publisher is further leveraging its global footprint.

Status: Closed

-REGATTA SOLUTIONS ACQUIRES WEDGE CONSULTING ENERGY MANAGEMENT

US microturbine company Capstone Turbine's (NASDAQ: CPST) West Coast US distributor Regatta Solutions, Inc. has acquired California-based energy efficiency and strategic sustainability firm Wedge Consulting, the company said. The acquisition brings several services in-house to the clean technology company, including bench marking, retro-commissioning, and energy analysis for complex buildings such as laboratories and data centers.

Status: Closed

-MACQUARIE MEXICAN REIT ACQUIRES MONTERREY INDUSTRIAL PROPERTY FOR USD 58M

Australian financial services group Macquarie Group's Macquarie Mexican REIT (MMREIT) (BMV: FIBRAMQ) has completed the acquisition of a 59,200 square meter (637,000 square foot) two-building industrial property located in Monterrey, Nuevo Leon, from Ridge Property Trust II for USD 58.0m (approximately MXN 864.0m), the REIT said. The deal excludes transaction costs and taxes, which totaled approximately USD 1.4m (MXN 20.9m).

Status: Closed

-POLARIS TO ACQUIRE CHINESE GO-KART MAKER

US-based powersports company Polaris Industries Inc. (NYSE: PII) has signed an agreement to acquire Chinese go-kart maker HH Investment Ltd. and its Hammerhead Offroad brand, the company said. Hammerhead manufactures gasoline powered go-karts, light utility vehicles, and electric utility vehicles in Shanghai, China. The company markets its products globally under the Hammerhead Offroad brand, along with maintaining key private label relationships with other OE The transaction is expected to close within the next 90 days.

Status: Agreed

-ABILA ACQUIRES ONLINE EDUCATION COMPANY PEACH NEW MEDIA

US-based software and services provider Abila has acquired US-based online continuing education Peach New Media, a provider and pioneer of online continuing education and online learning solutions. For more than a decade, Peach New Media has helped professional associations, educational content providers, nonprofits and businesses bring continuing professional education and training online.

Status: Closed

-ROUSE PROPERTIES ACQUIRES CALIFORNIA MALL FOR USD 49M

US-based regional shopping mall operator Rouse Properties, Inc. (NYSE: RSE) has acquired the Mt. Shasta Mall in Redding, California for a total purchase price of approximately USD 49.0m, the company said. The acquisition was financed with a new ten-year USD 31.9m non-recourse CMBS loan with an interest rate of 4.19%. According to Rouse, the Mt. Shasta Mall is the only enclosed mall within a 70-mile radius and is the dominant shopping destination in northeastern California.

Status: Closed

-CROWN PAPER ACQUIRES CANADA'S PORT TOWNSEND HOLDINGS

US-based packaging company Crown Paper Group, Inc. has acquired Canada-based packaging company Port Townsend Holdings Co, the company said. The deal includes the Port Townsend Paper mill in Port Townsend, WA, the Crown Packaging plant in Vancouver BC, the Boxmaster packaging plant, also in Vancouver; and Distribution centres in Kelowna, BC, and Calgary, AB.

Status: Closed

-EDENS CLOSES USD 763M AMREIT ACQUISITION

US-based community-building centre developer Edens Investment Trust has completed its USD 763m acquisition of US-based retail real estate investor AmREIT, Inc., the company said. Under the deal, AmREIT shareholders will receive USD 26.55 per share in cash. The transaction was approved at a special meeting of AmREIT stockholders on January 29, 2015. Edens develops, owns and operates community-building centres in primary markets throughout the United States. The company has regional headquarters in Boston, New York, Washington, D.C...

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