mergers & acquisitions - manatt · financial network exponentially and provided services...
TRANSCRIPT
Mergers & Acquisitions2007 Representative Transactions
Mergers and Acquisitions
Our Mergers and Acquisitions Practice Group represents acquirers and sellers in
negotiated and contested mergers and acquisitions transactions involving publicly held
and private companies. We have comprehensive expertise and extensive experience
with mergers, stock purchases, tender offers, asset purchases, leveraged buyouts, share
exchanges and proxy contests. Additionally, we have extensive experience representing
management groups, special committees, commercial lenders, investment bankers and
private equity investors.
Because our M&A Practice Group has access to Manatt’s national and international
resources and depth of practice, we are able to collaborate with colleagues throughout
the firm to handle all aspects of deals ranging in size and complexity. We have
the resources and practical experience to complete the largest and most complex
transactions anywhere in the world.
In 2008, our hard work continues to help our clients achieve their ambitious goals,
and provides a superior level of professional service that distinguishes Manatt from its
competitors.
Congratulations to Our Clientson a Successful 2007
2007 WinnerM&A Advisor Magazine’s
Deal of the Year
International/Cross BorderDeal of the Year Above $100 Million
Consumer Services Deal of the Year
We served as Counsel to Seller
Acquisition of RIA Envia Inc.
by Euronet Worldwide, Inc.
$510,000,000
Third in worldwide financial remittance volume behind only MoneyGram and Western Union, RIA Envia is a global leader in payment processing, enabling millions of peoeple in scores of countries on every continent to engage in money transfer transactions. RIA and its advisors looked beyond the obvious strategic and financial buyers and found a unique partner in Euronet, a leading electronic payment provider. The acquisition of RIA by Euronet expanded Euronet’s financial network exponentially and provided services complementary to their core business, creating an entity of extraordinary synergies in the financial services arena.
The deal presented significant challenges and involved the coordination of licensing and regulatory issues in 82 countries worldwide and in dozens of states within the U.S. Utilizing a team of lawyers around the world, the buyer and seller were able to engage in a coordinated, concerted effort to work with regulators from around the globe to meet a vast array of complex regulatory requirements.
The transaction is the largest to date for the acquisition of a privately held company engaged primarily in the money transfer business.
We served as Counsel to Bear StearnsWe served as Counsel to Bear Stearns
We served as Counsel to Apogee
Bear Stearns represented the specialcommittee of Optical Communications in
its sale to Oplink Communications.
$185,000,000
Bear Stearns representedFidelity National Information Services Inc.
in its acquisition of eFunds Corp.
$1,800,000,000
Merger ofApogee Photonics
with Cyoptics.
$24,000,000
We served as Counsel to Buyer
Acquisition ofPayday Loan Corp, Cash Advance, LLC
and Cash Advance of America, LLCby Allied Cash Holdings.
$26,000,000
We served as Regulatory Counsel to Seller
Acquisition of Alea North America Insurance Company
by Fortress Investment Group LLC and Nomura Holdings, Inc.
Price Not Disclosed
We served as Regulatory Counsel to Buyer
Acquisition of US Agencies Direct Insurance Company by Affirmative Insurance Holdings, Inc.
$200,000,000
Buena VistaFood Products
Blue Ribbon Baking, Inc.
We served as Counsel to Seller
Acquisition ofcertain assets of Bell Industriesby Sprint Nextel Corporation.
$13,500,000
We served as Counsel to Buyer
Acquisition ofSkyTel Corp from
Verizon Communications Inc.by Bell Industries, Inc.
$23,000,000
We served as Counsel to Buyer
Acquisition ofMSI Music
by CD Listening Bar, Inc., d/b/a Super D.
Price Not Disclosed
We served as Counsel to Seller
Acquisition ofBuena Vista Food Products
and Blue Ribbon Baking, Inc.by Sterling Foods, Ltd.
Price Not Disclosed
We served as Counsel to Cemaphore Systems
Restructuring and Reorganizationof Cemaphore Systems.
Price Not Disclosed
Acquisition ofFirst Coastal Bancsharesand First Coastal Bankby CVB Financial Corp
and Citizens Business Bank.
$35,000,000
We served as Counsel to Buyer
Acquisition ofTelestial
by ekit.com Pty Ltd.
Price Not Disclosed
Acquisition ofDesert Community Bank by
East West Bancorp and East West Bank.
$143,000,000
Deutsche Bank representedSCPIE Holdings in its sale to
The Doctors Company.
$281,000,000
We served as Counsel to Buyer
We served as Counsel to BuyerWe served as Counsel to Deutsche Bank
We served as Counsel to Buyer
Acquisition ofof Codefast, Inc.by Coverity, Inc.
Price Not Disclosed
We served as Counsel to Seller
Acquisition of the Merchant Processing Portfolio of First Financial Bank
by Metavante Technologies.
Price Not Disclosed
We served as Counsel to Seller
Acquisition ofCourage, Inc.
by Ultra Pro Corporation.
Price Not Disclosed
Patient Centered • Quality Assured • Physician Recommended
We served as Counsel to Management
We served as Counsel to Buyer
We served as Counsel to Seller
We served as Counsel to Seller
We served as Counsel to Seller
Acquisition ofImage Entertainment, Inc.
by BTP Acquisition Company, LLC.
$130,000,000
Acquisition ofGroupEx Financial Corp,
JRJ Express, Inc. and Kimeco, LLCby Coinstar E-Payment Services, Inc.
$70,000,000
Acquisition ofCydcor Ltd. by
Cydcor Management, Golden Gate Capital and JP Capital Partners.
Price Not Disclosed
Acquisition ofcertain assets of InfoSpace
by FunMobility.
$2,250,000
Acquisition ofFirst OB Partners, Inc.
by Cordtrack Partners, LLC.
$1,000,000
We served as Counsel to Buyer
Acquisition ofNavicert Financial Inc.
d/b/a Nix Check Cashingby Kinecta Federal Credit Union.
$45,000,000
We served as Counsel to Seller We served as Counsel to Seller
We served as Counsel to BuyerWe served as Counsel to Seller
We served as Counsel to Lehman Brothers
Acquisition ofInvestment Advisor
R.E. Wacker Associates, Inc.by Pacific Capital Bank.
Price Not Disclosed
Acquisition of theCommercial Equipment Leasing and
Financing Division of Pacific Capital Bank by LEAF Financial Corporation.
$290,000,000
Acquisition ofNikabar, Inc. d/b/a Gold Star Foods
by Prospect Partners, LLC.
Price Not Disclosed
Acquisition ofModern Health Laboratories, Inc.
by Guthy-Renker Corporation.
Price Not Disclosed
Lehman Brothers representedNNN Realty Advisors in its merger
with Grubb & Ellis Company.
$725,000,000
We served as Counsel to Seller
Acquisition ofMaxPrepsby CBS.
$45,000,000
We served as Counsel to Seller
Acquisition ofPlacer Sierra Bancshares
by Wells Fargo.
$645,000,000
We served as Counsel to BuyerWe served as Counsel to
Progressive Healthcare Systems LLC
We served as Counsel to SellerWe served as Counsel to Seller
Acquisition ofSmart Payment Solutions, LLC
by Solveras, Inc.
Price Not Disclosed
Reorganization and Combination of Progressive Healthcare Systems LLC
and Lakeside Healthcare, Inc.
$50,000,000
Acquisition ofProfessional Business Bank
by Belvedere Capital Fund II, LP.
$46,000,000
Acquisition ofPrivate Electrical Parts Distributor
by Ancor Holdings, LP andFalcon Mezzanine Partners II, LP.
$66,000,000
Private ElectricalParts Distributor
We served as Counsel to Seller
Acquisition of theIndirect Auto Financing Portfolio
of Pacific Capital Bankby Wells Fargo.
$222,000,000
We served as Counsel to Buyer
Acquisition ofRepublic Insurance Company
from Columbia Insurance Companyby Starr International USA, Inc.
Price Not Disclosed
Starr International USA, Inc.
We served as Counsel to Seller
We served as Counsel to Buyer
We served as Counsel to Buyer
Acquisition of1031 Exchange Advantage, Inc.
and 1031 Funding & Reverse Corp.by Vineyard National Bancorp.
Price Not Disclosed
Acquisition ofTera Research Inc.
by MacAulay-Brown, Inc.
Price Not Disclosed
Acquisition ofGenSelf Corporation
by SunWize Technologies, Inc.
Price Not Disclosed
We served as Counsel to Seller
Acquisition of the membership interestsof the shareholders of Source Scientific
by BIT Analytical Instruments, Inc.
$3,000,000
Albany30 S. Pearl Street, Twelfth Floor
Albany, NY 12207General: 518.431.6700
Fax: 518.431.6767
Los Angeles11355 W. Olympic Boulevard
Los Angeles, CA 90064General: 310.312.4000
Fax: 310.312.4224
New York7 Times Square
New York, NY 10036General: 212.790.4500
Fax: 212.790.4545
Orange CountyPark Tower
695 Town Center DriveFourteenth Floor
Costa Mesa, CA 92626General: 714.371.2500
Fax: 714.371.2550
Palo Alto1001 Page Mill Road, Building 2
Palo Alto, CA 94304General: 650.812.1300
Fax: 650.213.0260
Sacramento1215 K Street, Suite 1900 Sacramento, CA 95814General: 916.552.2300
Fax: 916.552.2323
San FranciscoOne Embarcadero Center
Thirtieth Floor San Francisco, CA 94111
General: 415.291.7400 Fax: 415.291.7474
Washington, D.C.One Metro Center
700 12th Street, NW, Suite 1100Washington, D.C. 20005
General: 202.585.6500 Fax: 202.585.6600
Manatt, Phelps & Phillips, LLPwww.manatt.com