|
|
The 2005 Big Deals List
|
Researched by Perkins Coie LLP
|
|
|
MERGERS AND ACQUISITIONS
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Advanced Power Technology
Bend
|
Semiconductor manufacturer
|
Dec
|
PowerSicel
Boulder, Colo.
|
Compound semiconductor technology
|
$5.4m
|
|
Advantis Credit Union (fka Electra Central Credit
Union)
Milwaukie
|
Credit union
|
Oct
|
Pace Credit Union
Portland
|
Credit union
|
NWD
|
|
Affiliated Computer Services
Dallas, Texas
|
Information technology consulting, business processes, and
call centers
|
Jul
|
LiveBridge
Milwaukie
|
Call center services
|
$32m
|
|
Airgas
Radnor, Penn.
|
Gas distributor
|
Apr
|
Vancouver Welding Supply
Vancouver, Wash.
|
Industrial gas and welding supply distributor
|
NWD
|
|
Airgas
Radnor, Penn.
|
Gas distributor
|
Sep
|
Associated Welding Products
Portland
|
Industrial gas and welding supply distributor
|
NWD
|
|
Audax Group
Boston, Mass.
|
Investment firm
|
Jan
|
Arnold Magnetic Technologies, Rochester,
N.Y., a subsidiary of Precision Castparts
Portland
|
Magnetic products and assemblies
|
NWD
|
|
AVK Valve
The Netherlands
|
Valves
|
Dec
|
PCC Eurovalves
The Netherlands, a subsidiary of Precision
Castparts, Portland
|
Industrial valves
|
NWD
|
|
Beall Corp.
Portland
|
Specialty trailer manufacturer
|
Dec
|
Marquez Manufacturing
Sunnyside, Wash.
|
Specialty trailer manufacturer
|
NWD
|
|
Beecher Carlson
Atlanta, Ga.
|
Insurance and risk management
|
May
|
JBL&K Risk Services
Portland
|
Insurance and risk management
|
NWD
|
|
Bench Group
Port Chester, N.Y.
|
|
Dec
|
Qualmax
Eugene
|
Voice Over IP (VOIP) technology products and services
|
NWD
|
|
Bushnell Performance Optics
Overland Park, Kan.
|
Sports optics
|
Aug
|
Michaels of Oregon
Oregon City
|
Outdoor, hunting and shooting accessories
|
NWD
|
|
Business Objects
Paris, France
|
Financial planning and performance management software
|
Aug
|
SRC Software
Portland
|
Financial planning and performance management software
|
$100m
|
|
Cargill
Minneapolis, Minn.
|
Food, agricultural and risk management products and
services
|
Jun
|
Integrated Bakery Resources
Lake Oswego
|
Baking pre-mix systems, finished foods and related
marketing services
|
NWD
|
|
Cascadia Behavioral Health
Portland
|
Mental health and addiction treatment services
|
Jun
|
ASAP Treatment Services
Portland
|
Substance abuse therapy services
|
NWD
|
|
Catalyst Acquisition Group
Wantage Township, N.J., and Portland
|
Investment firm
|
Jul
|
Gartner Custom Research (fka
Griggs-Anderson Research)
Portland
|
Market research
|
NWD
|
|
C-Cor
State College, Penn.
|
Broadband and telecom services provider
|
Jan
|
NCube Corp.
Beaverton
|
On-demand media and digital advertising systems
|
$90.5m
|
|
|
Circle Peak Management of New York;
Sankaty Investors of Boston;
Falcon Investment Advisors of Needham,
Mass.; The Carlyle Group of Washington,
D.C.; Magnetar Capital of Evanston, Ill.;
and Shari’s Management
|
Investment firms
|
Dec
|
Shari’s
Beaverton
|
Restaurant chain
|
$80m
|
|
Clarity Visual Systems
Wilsonville
|
Large-scale display systems
|
Apr
|
CoolSign software and services division of Adspace
Networks
New York, N.Y.
|
Video advertising and corporate communication systems
|
NWD
|
|
Clarity Visual Systems
Wilsonville
|
Large-scale video displays
|
May
|
Synelec Telecom Multimedia
France
|
Large scale video displays
|
NWD
|
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Contech Construction Products
Middletown, Ohio
|
Construction and civil engineering products and services
|
Apr
|
Stormwater Management
Portland
|
Stormwater treatment products
|
NWD
|
|
Corillian
Hillsboro
|
Online banking software
|
Aug
|
InteliData Technologies
Reston, Va.
|
Online banking software
|
NWD
|
|
Corillian
Hillsboro
|
Online banking software
|
Aug
|
qbt Systems
New York, N.Y.
|
Online banking software
|
NWD
|
|
|
CTC Communications,Waltham, Mass., a
subsidiary of Columbia Ventures Vancouver,
Wash.
|
Telecommunications
|
May
|
Lightship Telecom
Bedford, N.H.
|
Telecommunications
|
$67m
|
|
|
CTC Communications,Waltham, Mass., a
subsidiary of Columbia Ventures Vancouver,
Wash.
|
Telecommunications
|
Oct
|
Connecticut Broadband
New Haven, Conn.
|
Telecommunications
|
$12m
|
|
Cyoptics
Lehigh Valley, Penn.
|
Optical components
|
Apr
|
Pennsylvania and Mexico Optoelectronics operations of
TriQuint Semiconductors
Hillsboro
|
Wireless and telecommunications semiconductors
|
$21.3m
|
|
Datalogic
Bologna, Italy
|
Automatic identification and RFID products
|
Nov
|
PSC
Eugene
|
Barcode readers and other data-capture products and
services
|
$195m
|
|
Davis Inotek Calibration Laboratory
Baltimore, Md.
|
Test instruments
|
Jul
|
Northwest Calibration Systems
Portland
|
Test equipment calibration systems and services
|
NWD
|
|
DealerTrack Holdings
Lake Success, N.Y.
|
Sales and finance for auto industry
|
May
|
Chrome Systems
Portland
|
Automotive information and configuration technology
|
NWD
|
|
Dougherty Petroff
Portland
|
Financial consultants
|
|
Crown Point Trust (fka Columbia Trust, a subsidiary
of Bank of America), Portland
|
Retirement plan trustees
|
NWD
|
|
Elmer’s Restaurants management
Portland
|
Management buyout
|
Mar
|
Elmer’s Restaurants
Portland
|
Restaurant chain
|
$7.5m
|
|
Endeavour Capital
Portland, and Tidewater Holdings
management team, Vancouver, Wash.
|
Investment firm and management
|
Nov
|
Tidewater Holdings
Vancouver, Wash.
|
River transportation and terminals
|
NWD
|
|
ESCO
Portland
|
Engineered metal components for industrial applications
|
May
|
Quality Steel Foundries
Alberta, Canada
|
Foundry
|
NWD
|
|
ESCO
Portland
|
Engineered metal components for industrial applications
|
May
|
SRW Technologies
Alberta, Canada
|
Wear-resistant materials for metal surfaces
|
NWD
|
|
Flir Systems
Wilsonville
|
Infrared imaging systems
|
May
|
Brysen Optical
Safety Harbor, Fla.
|
Advanced optical coatings
|
$4.2m
|
|
Flir Systems
Wilsonville
|
Infrared imaging systems
|
|
Scientific Materials
Bozeman, Mont.
|
Laser assemblies, components and materials
|
$13m
|
|
Forbo Adhesives
Research Triangle Park, N.C.
|
Adhesive product manufacturer
|
Oct
|
Industrial Adhesives
Eugene
|
Adhesive product manufacturer
|
NWD
|
|
Francisco Partners
Menlo Park, Calif.
|
Investment firm
|
May
|
WebTrends
Portland, a subsidiary of NetIQ
San Jose, Calif.
|
Web analytics
|
$94m
|
|
FusionWare
Seattle, Wash.
|
Application and data integration solutions
|
Oct
|
Pacific Software Associates
Hillsboro
|
IBM hardware and software solutions
|
NWD
|
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Heico
Hollywood, Fla.
|
Aviation, defense, space and electronics industry
|
Nov
|
Engineering Design Team
Beaverton
|
Computer linking devices
|
NWD
|
|
Horizon Interactive
Colorado Springs, Colo.
|
Outsourcing services for technical documentation
development
|
Aug
|
Ace Communications
Portland
|
Outsourcing services for technical documentation
development
|
NWD
|
|
infoUSA
Omaha, Neb.
|
Database marketing services
|
Jan
|
YesMail (fka @Once)
Portland
|
Strategic eMessaging solutions
|
NWD
|
|
Interfor Pacific Bellingham, Wash., a
subsidiary of International Forest
Products
Vancouver, B.C.
|
Wood products
|
May
|
Certain assets of Floragon Forest Products
Molalla
|
Wood products
|
$50m
|
|
Jim Coleman Company
Houston, Texas
|
Car wash equipment
|
Jan
|
Hanna Car Wash Systems
Portland
|
Car wash equipment
|
NWD
|
|
Kinetics Climax, a subsidiary of
Climax Engineered Materials
Sahuarita, Ariz.
|
Special metals, alloys and compounds
|
Aug
|
Kinetics
Wilsonville
|
Metal injection molding
|
NWD
|
|
Kirtland Capital Partners
Beachwood, Ohio
|
Investment firm
|
Jul
|
Rugby Manufacturing
Rugby, N.D., a subsidiary of Hanover
Partners, Lake Oswego
|
Truck bodies
|
NWD
|
|
Knife River Corp., a subsidiary of
MDU Resources Group
Bismarck, N.D.
|
Construction materials and mining
|
Jun
|
Jefferson State Redi-Mix Concrete Products
Industries, Jefferson State Asphalt, Cherry Creek
Aggregate, Allied Concrete Pumping, Keith Hamilton
Trucking, and HDP Leasing
Klamath Falls
|
Construction materials and services
|
NWD
|
|
Knowledge Learning Corp.
Golden, Colo.
|
Childcare and early childhood education
|
Jan
|
KinderCare Learning Centers
Portland
|
Childcare and early childhood education
|
$1.03b
|
|
Lamar Advertising
Baton Rouge, La.
|
Outdoor billboard and transit advertising
|
Jan
|
Obie Media
Eugene
|
Outdoor billboard and transit advertising
|
$66m
|
|
LEAF Financial Services
Philadelphia, Penn., a subsidiary of Resource
America Philadelphia, Penn.
|
Equipment leasing
|
Mar
|
Allco Leasing and Financial Services
Lake Oswego
|
Equipment leasing
|
NWD
|
|
LECG
Emeryville, Calif.
|
Securities litigation expert services
|
Aug
|
Bates Private Capital
Lake Oswego
|
Securities litigation expert services
|
$18.0m
|
|
Lithia Motors
Medford
|
Auto dealership
|
Aug
|
Valley Auto
Wenatchee, Wash.
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Apr
|
North Coast Auto
Eureka, Calif.
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Dec
|
Creveling Dodge
Corpus Christi, Texas
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Feb
|
Jim Earp Automotive
Omaha, Neb.
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Jan
|
Emerald Automotive Group
Eugene
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
May
|
Performance Dodge Chrysler Jeep
Butte, Mont.
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Oct
|
All American Honda, Chrysler, Jeep
Midland, Texas
|
Auto dealership
|
NWD
|
|
Lithia Motors
Medford
|
Auto dealership
|
Oct
|
Star Toyota and Star Honda
Abilene, Texas
|
Auto dealership
|
NWD
|
|
LTC Global Solutions
Medford
|
Insurance
|
Oct
|
Kanawha Insurance
Ft. Myers. Fla.
|
Insurance
|
NWD
|
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Market Transport
Portland
|
Third-party logistics and transportation
|
Jun
|
Triple Express
Medford
|
Truckload brokerage
|
NWD
|
|
Market Transport
Portland
|
Third-party logistics and transportation
|
Sep
|
Sammons Transportation, a subsidiary of
Sammons Trucking
Missoula, Mont.
|
Truckload transportation
|
NWD
|
|
Mentor Graphics
Wilsonville
|
EDA software and products
|
May
|
Volcano Communications Technologies
Sweden
|
Automotive design software
|
NWD
|
|
Merix
Forest Grove
|
Printed circuit boards
|
Sep
|
Eastern Pacific Circuits
Hong Kong
|
Printed circuit boards
|
$115m
|
|
MicroBilt
Kennesaw, Ga.
|
Online credit information
|
Jul
|
Profit Systems Software
Roseburg
|
Credit report retrieval software
|
NWD
|
|
Microfield Group
Portland
|
Energy-related technology and electric services
|
Jul
|
Christenson Power Services
Portland
|
Electrical contracting services
|
NWD
|
|
Microfield Group
Portland
|
Energy-related technology and electric services
|
Oct
|
EnergyConnect
San Jose, Calif.
|
Energy automation and curtailment
|
NWD
|
|
microHelix
Portland
|
Cable assemblies for medical and commercial OEMS
|
Apr
|
Moore Electronics
Tualatin
|
Cable assemblies
|
$3m
|
|
MIPS Technologies
Mountain View, Calif.
|
Microchip design and testing
|
Sep
|
First Silicon Solutions
Portland
|
Microchip debugging systems
|
NWD
|
|
Monaco Coach
Coburg
|
Motor home manufacturer
|
Nov
|
R-Vision
Warsaw, Ind.
|
Travel trailer manufacturer
|
$60m
|
|
Movie Gallery
Dothan, Alabama
|
Movie and videogame rentals
|
Apr
|
Hollywood Entertainment
Wilsonville
|
Movie and videogame rentals
|
$1.25b
|
|
Nautilus
Vancouver, Wash.
|
Fitness products
|
Jul
|
Pearl Izumi USA
Broomfield, Colo.
|
Fitness apparel
|
$74m
|
|
Nautilus
Vancouver, Wash.
|
Fitness products
|
May
|
Belko Canada
Winnipeg, Manitoba
|
Fitness product distributor
|
$5.5m
|
|
Nike
Beaverton
|
Sporting goods and apparel
|
Jun
|
Adao
Austin, Texas
|
Sport watches and sunglasses
|
NWD
|
|
Novell
Waltham, Mass.
|
Infrastructure software and services
|
May
|
Immunix
Portland
|
Linux application security software
|
NWD
|
|
Oregon Central Credit Union
Portland
|
Credit union
|
May
|
Oregonian Federal Credit Union
Portland and Mountain View Credit Union
Gresham
|
Credit union
|
$60m
|
|
Oregon Steel Mills
Portland
|
Specialty and commodity steel products for domestic and
global markets
|
Mar
|
Remaining shares of Camrose Pipe
Camrose, Alberta
|
Pipe mills
|
$18.5m
|
|
Oxis International
Portland
|
Disease diagnosis technology
|
Dec
|
BioCheck
Foster City, Calif.
|
Disease diagnosis technology
|
$6m
|
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Pacific Continental
Eugene
|
Banking
|
Nov
|
Northwest Business Bank
Seattle, Wash.
|
Banking
|
$40.5m
|
|
Pacific Software Associates
Hillsboro, a subsidiary of FusionWare
Seattle, Wash.
|
IBM hardware and software solutions
|
Oct
|
NCS Tek
Portland
|
Mid-range and enterprise IBM computing solutions
|
NWD
|
|
Papé Material Handling, a division
of Papé Group
Eugene
|
Materials handling
|
May
|
Diamondback Rentals
Phoenix, Ariz.
|
Materials handling
|
NWD
|
|
|
Papé Machinery, a division of
Papé Group Eugene
|
Construction and forestry equipment dealer
|
Mar
|
Nortrax West
Moline, Ill.
|
Construction and forestry equipment dealer
|
NWD
|
|
Pick & Pull Auto Dismantlers, a
subsidiary of Schnitzer Steel
Industries
Portland
|
Self-service auto parts and auto dismantling
|
Jan
|
Vehicle Recycling Solutions
St. Louis, Mo.
|
Auto dismantling and recycling
|
$22m
|
|
Pick & Pull Auto Dismantlers, a
subsidiary of Schnitzer Steel Industries
Portland
|
Self-service auto parts and auto dismantling
|
Sep
|
GreenLeaf Auto Recyclers
Arlington, Texas
|
Auto dismantling and recycling
|
$44.7m
|
|
Pixelworks
Tualatin
|
Fabless semiconductors for the advanced display industry
|
Jun
|
Equator Technologies
Campbell, Calif.
|
Digital streaming media semiconductors and software
|
$109m
|
|
Point West Credit Union
Portland
|
Credit union
|
Apr
|
Hacienda Community Credit Union
Portland
|
Credit union
|
$2.9m
|
|
PPM Energy
Portland, a subsidiary of ScottishPower
Glasgow, Lanarkshire, U.K.
|
Wind power developer
|
Jan
|
Atlantic Renewable Energy
Richmond, Va.
|
Wind power developer
|
NWD
|
|
Precision Castparts
Portland
|
Complex metal parts
|
Mar
|
Air Industries
Garden Grove, Calif.
|
Airframe fasteners
|
$194m
|
|
|
Private Investors
|
Investment firm
|
Mar
|
Rapid Refill Ink
Eugene
|
Laserjet and inkjet cartridge remanufacturer
|
NWD
|
|
PW Eagle
Eugene
|
PVC pipe products
|
Oct
|
Remaining shares of USPoly
Shawnee, Okla.
|
Polyethylene pipe and fittings
|
$5.9m
|
|
Quality Care Solutions
Phoenix, Ariz.
|
Health insurance software
|
Feb
|
MyHealthBank
Portland
|
Software and services for consumer directed healthcare
|
NWD
|
|
Rapala
Vääksy, Finland
|
Fishing equipment
|
Oct
|
Lure and fishing tackle business of Luhr Jensen
& Sons
Hood River
|
Fishing lures and tackle
|
NWD
|
|
Resolute
Bellevue, Wash.
|
Software development
|
Mar
|
Step Technologies
Portland
|
Software development
|
NWD
|
|
Respironics
Murraysville, Penn.
|
Sleep and respiratory products
|
Apr
|
Mini-Mitter
Bend
|
Sleep and physiological monitoring products
|
$10.5m
|
|
Respond2
Portland
|
Direct response television agency
|
Sep
|
ATC Agency
Philadelphia, Penn. and Cmedia, Portland
|
Direct response television agency
|
NWD
|
|
|
Purchaser/location
|
Purchaser's Business
|
Month
|
Acquired company
|
Acquired company's business
|
Deal size
|
|
Riverlake Partners
Portland
|
Investment firm
|
Aug
|
Decorative systems division of Pressac
United Kingdom
|
Decorative automotive products
|
$30m
|
|
Riverlake Partners
Portland
|
Investment firm
|
Jun
|
Fluid Logic
Portland
|
Specialty chemicals
|
NWD
|
|
Riverlake Partners
Portland
|
Investment firm
|
Mar
|
SP Industries
Warminster, Penn.
|
Specialty glassware and equipment
|
$52m
|
|
Riverview Bancorp
Vancouver, Wash.
|
Banking
|
Apr
|
American Pacific Bank
Portland
|
Banking
|
$34.4m
|
|
Schnitzer Steel Industries
Portland
|
Steel products and metals recycling
|
Oct
|
Regional Recycling
Birmingham, Ala.
|
Metals recycling
|
$65.5m
|
|
Tektronix
Beaverton
|
Electronic test and measurement equipment
|
Jun
|
TDA Systems
Lake Oswego
|
Interconnect analysis software tools
|
NWD
|
|
Tektronix
Beaverton
|
Electronic test and measurement equipment
|
Nov
|
Vqual
Bristol, England
|
Digital media testing software tools
|
$7m
|
|
Tenon
Auckland, New Zealand
|
Solid wood building products
|
Oct
|
Remaining shares in The Empire Company
Portland
|
Millwork products
|
$30m
|
|
Theragenics
Buford, Ga.
|
Medical devices
|
May
|
CP Medical
Portland
|
Medical devices
|
NWD
|
|
Triquint Semiconductor
Hillsboro
|
Wireless and telecommunications semiconductors
|
Jan
|
TFR Technologies
Bend
|
Filters for communication applications
|
$6.9m
|
|
Tut Systems
Lake Oswego
|
Video and data services
|
Jun
|
Copper Mountain Networks
Palo Alto, Calif.
|
Broadband access solutions
|
$11.7m
|
|
UMD Technology
Vancouver, Wash.
|
Semiconductor test products
|
Jul
|
DB Design
Milpitas, Calif.
|
Test hardware and interface products
|
$2.6m
|
|
Valutec Card Solutions
Franklin, Tenn.
|
Gift card, loyalty and stored value services
|
Nov
|
Mellennia, Portland, a division of
Prime Time Communications, Portland
|
Off-the-shelf and customized stored value solutions
|
NWD
|
|
Waste Connections
Folsom, Calif.
|
Waste management
|
Sep
|
Waste Management
Vancouver, Wash.
|
Waste management
|
NWD
|
|
|
Tell us about any Big Deals that involve at least one Oregon or
Southwest Washington company. We’re looking for mergers
and acquisitions of $2.5 million of more, and divestitures and
public and private transactions of $1 million or more that
occured in 2006. Contact Brent Bullock at Perkins Coie LLP,
503.727.2000, BBullock@perkinscoie.com.
