Issue link: https://nebusinessmedia.uberflip.com/i/698742
22 Worcester Business Journal • Book of Lists 2016 www.wbjournal.com Mergers & acquisitions Ranked by sale price Buyer (unit purchasing) Sale price Date announced Date closed Seller (unit sold, if applicable) 1 Lightower Fiber Networks 80 Central St., Boxborough 01719 978-264-6000 • lightower.com $1.9 billion 04/27/2015 08/13/2015 Fibertech Networks 300 Meridian Centre Blvd., Rochester, NY 14618 2 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com $1.65 billion 03/02/2015 08/04/2015 American Medical Systems 1 Minnetonka, MN 55345 3 EMC Corp. 176 South St., Hopkinton 01748 508-435-1000 • www.emc.com $1.2 billion 05/29/2015 07/08/2015 Virtustream 4800 Montgomery Lane, Bethesda, MD 20814 4 ArcLight Capital Partners LLC 200 Clarendon St., 55th floor, Boston 02116 617-531-6300 • arclightcapital.com $800 million - $1 billion 06/12/2015 12/29/2015 Gulf Oil LP sold by Cumberland Gulf Group 100 Crossing Blvd., Framingham 01702 508-270-8300 • gulfoil.com 5 Astellas Pharma Inc. 2 1 Astellas Way, Northbrook, IL 60062 800-888-7704 • www.astellas.us $384 million 11/09/2015 02/10/2016 Ocata Therapeutics Inc. 3 33 Locke Drive, Marlborough 01752 508-756-1212 • www.ocata.com 6 The TJX Cos. Inc. 770 Cochituate Road, Framingham 01701 508-390-1000 • www.tjx.com $107.6 million USD $80 million AUD 4 07/29/2015 10/25/2015 Trade Secret 5 Australia 7 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com $75 million 04/01/2015 04/07/2015 Xlumena 453 Ravendale Drive, Mountain View, CA 94043 8 Boston Scientific Corp. 300 Boston Scientific Way, Marlborough 01752 508-683-5670 • www.bostonscientific.com $70 million 11/10/2015 11/10/2015 CeloNova Biosciences 8023 Vantage Drive, San Antonio, TX 78230 9 Almost Family Inc. 9510 Ormsby Station Road, Suite 300, Louisville, KY 40223 502-891-1000 • almostfamily.com $37 million N/A 01/05/2016 Long Term Solutions Inc. 235 W Central St., Natick 01760 508-907-6290 • longtermsol.com 10 Acme United Corp. 55 Walls Drive, Fairfield, CT 06824 203-254-6060 • acmeunited.com $7 million N/A 02/01/2016 Diamond Machining Technology 85 Hayes Memorial Drive, Marlborough 01752 508-481-5944 • dmtsharp.com 11 Fletcher Tilton PC 370 Main St., 12th Floor, Worcester 01608 508-459-8000 • fletchertilton.com Private Private 01/01/2015 Yates Law Offices PC 6 69-71 Main St., Hudson 01749 12 Stowe & Degon LLC 95A Turnpike Road, Westborough, MA 01581 508-983-6700 • stowedegon.com Private Private 01/01/2016 Caplice, Ciaramicoli & Doyle LLP 189 Main St., Milford 01757 13 Big Y Foods Inc. 2145 Roosevelt Ave., Springfield 01102 413-504-4000 • www.bigy.com Private Private 03/29/2016 Park Avenue Pharmacy 7 414 Park Ave., Worcester 01610 508-757-3805 14 Matter Communications 50 Water St., Mill #3, The Tannery, Newburyport 01950 978-518-4547 • matternow.com Private Private 04/05/2016 Skyscope 40 Jackson St., Worcester 01608 855-759-7267 • skyscope.com 15 Nouria Energy Corp. 326 Clark St., Worcester 01606 508-762-3700 • nouriaenergy.com Private Private 04/07/2016 J&S Oil 867 Western Ave., Manchester, ME 04351 16 TerraTherm Inc. a Cascade Company 151 Suffolk Lane, Gardner 01440 978-730-1200 • terratherm.com Private Private 05/06/2016 Current Environmental Solutions 15399 Cranes Mill Road, Canyon Lake, TX 78133 17 Eastern Insurance Group LLC 233 W. Central St., Natick 01760 508-651-7700 • easterninsurance.com Private Private 05/11/2016 BBS Employee Benefits 2000 Commonwealth Ave., Newton 02466 18 Crowe Horwath LLP 225 West Wacker Drive, Suite 2600, Chicago, IL 60606 312-899-7000 • crowehorwath.com Private Private 06/01/2016 AbleBridge Inc. 69 Milk St., Suite 222, Westborough 01581 877-600-2253 • ablebridge.com 19 Dover Saddlery 8 525 Great Road, Littleton 01460 978-952-8062 • doversaddlery.com Private Private 07/07/2015 Webster Capital private equity firm Waltham 02451 20 Parsons Commercial 9 1881 Worcester Road, Framingham 01701 508-820-2700 • svnpcgboston.com Private Private 07/09/2015 Sperry Van Ness International Corp. 745 Atlantic Ave., 8th Floor, Boston 02111 21 Atlas Travel & Technology Group 1 Maple St., Milford 01757 508-478-8626 • atlastravel.com Private Private 08/21/2015 United Travel Inc. 2500 Main St., Tewksbury 01876 22 All Points Limousine 463 Lancaster St., Leominster 01453 978-537-4122 Private Private 09/01/2015 All Seasons Limousine 335 Burroughs Road, Boxborough 01719 23 Cascade Drilling LP SpencerBANK and Southbridge Savings Bank keep identities in merger The merger of the holding com- panies of SpencerBANK and Southbridge Savings Bank was approved in May and will operate under the name SSB Community Bancorp MHC. The merger has been approved by the board of trustees of each bank's parent mutual holding com- pany and has received the required regulatory approvals, the compa- nies reported. The combined mutual holding company will have close to $1 bil- lion in assets and $108 million in equity and represent a branch net- work of 15 offices located through- out Central Massachusetts, accord- ing to a release from the banks. By merging the holding companies, as opposed to the banks, the two entities will be able to combine resources while continuing to operate independently under their own names. "Each bank brings complemen- tary products and services," Todd Tallman, president and CEO of Southbridge Savings Bank, said in a statement. "This partnership will provide us the ability to offer a broader range of services and depth of knowledge to our com- munities." SpencerBANK President and CEO Michael Robbins will serve as the chairman and CEO of the combined mutual holding company. Tallman will serve as president and treasur- er of the mutual holding company. Robbins and Tallman will continue as president and CEO of their respective banks. While many banks choose tradi- tional mergers, merging of holding companies is emerging as a new option locally. Hometown Bank and Easthampton Savings Bank also undertook a merger of their holding companies last year. - Sam Bonacci