Skyline Advisors
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter
  • us

Partners for Strategic Transactions

Qualcomm & Broadcom’s Potential $146 Billion Merger Continues Its Epic Saga

2/21/2018

 
The past week was quite monumental within the mergers and acquisitions environment, where over a dozen multi-billion deals were announced, negotiated, or closed. Additionally, the Qualcomm and Broadcom mega-deal saga is still undergoing various developments such as price increases, licensing issues, regulatory compliance, and shareholder interests. Other billion-dollar deals included General Dynamic adding on another government IT business, Lennar becoming the largest U.S. homebuilder via a strategic add-on acquisition, Thoma Bravo acquiring a cloud-enabled data protection and security firm, TPG Capital acquiring an orthopedic device manufacturer, and a Goldman Sachs and Macquarie joint acquisition of an international logistics firm.
Picture
  • This past Monday, General Dynamics agreed to purchase CSRA (NYSE: CSRA) for $6.8 billion to enhance its growing government IT services portfolio.

  • On Monday, February 12th, Miami-based Lennar (NYSE: LEN) completed its approval to purchase competitor CalAtlantic Group (NYSE: CAA) for a total transaction value of $9.3 billion, including the assumption of $3.6 billion of debt. The new acquisition reestablishes Lennar's position as the largest U.S. homebuilder. 

  • On Monday, February 12th, Thoma Bravo acquired Barracuda Networks for an all cash purchase price of $1.6 billion. The Ann Arbor-based data protection and cloud-enabled security firm protects the applications, data, and networks for more than 150,000 global customers. The firm has been an established market leader for IT professionals around the globe.

  • On Wednesday, February 14th, Exactech, Inc. (NASDAQ: EXAC), completed its sale to TPG Capital for $737 million. The Gainesville, Florida-based developer and manufacturer of orthopedic devices and surgical instruments focuses its product efforts on the restoration of bones and joints that have deteriorated from injuries and degenerative diseases such as arthritis.

  • At the end of last week, Broadcom had increased its most recent bid for Qualcomm by 17%, raising the overall purchase price to $146 billion. Identical to Qualcomm's previous rejection, the firm does not believe the proposed merger is in shareholder interest and further believes there are regulatory and licensing concerns. In a little over a month, Qualcomm will hold its annual meeting and shareholders will have a vote on the proposed merger. Additionally, the proposed merger would be significantly leveraged by over $100 billion in debt via the twelve-bank syndicate Broadcom has developed.
​
  • On Friday, Goldman Sachs (NYSE: GS) and Macquarie Group (ASX: MQG) agreed to purchase HES International for $3.04 billion. The international logistics firm is currently owned by Riverstone and the Carlyle Group. The firm provides transshipment, blending, and processing services of dry bulk and liquid bulk products at port terminal operations in various countries.

Comments are closed.

    Archives

    May 2023
    May 2022
    January 2022
    November 2021
    August 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    December 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017

    Categories

    All
    Auto Sales
    Bankruptcies
    Capital Markets
    Confidence
    Corporate Profits
    Debt
    Economy
    GDP
    Holiday
    Housing
    Industrial Production
    Inflation
    Initial Public Offerings
    Interest Rates
    Inventories
    Jobs
    Manufacturing
    Mergers And Acquisitions
    Middle Market
    Prices
    Private Equity
    Productivity
    Retail Spending
    Rural Economy
    Small Business
    Stock Market
    Taxes
    Trade
    Venture Capital
    Wages

    RSS Feed

Picture
​Services involving securities are offered through M&A Securities Group, Inc.4151 N Mulberry Drive Suite 252, Kansas City, MO, 64116  (“MAS") . Services involving real estate brokerage are offered through Berkshire Hathaway HomeServices Ambassador Real Estate ("BHHS"). Skyline Advisors, MAS, and BHHS are separate entities. 
​

COPYRIGHT 2025. Skyline Advisors, LLC. ALL RIGHTS RESERVED.
Virtual Data Room
Company   Services   Team   Transactions   Industries   Reports   News
Photo from inkknife_2000 (8.5 million views +)
  • Services
  • Team
  • Transactions
  • Industries
  • Reports
  • News
    • Capital Markets
    • Firm News
    • Resources
  • Contact
    • Newsletter
  • us