Our annual comprehensive list of mergers and acquisitions involving Oregon companies.
| 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 | ||
Links:
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, [email protected].
