Watermark Wire – March 2017

Q4 2016: Southeast Acquirers Active in 4Q’16 Transactions

Q4 2016 saw a total of 128 Carolinas and Georgia-based acquirers successfully close mergers and acquisitions, totaling

$23,567.59MM. Of the closed deals, 2 were greater than $1Bn, 1 was between $500MM and 999MM, 7 were between

$100MM and $500MM, 13 were less than $100MM, and the majority of deal terms were undisclosed. Across all three

states, the Industrials sector led the way with 36 transactions.

Q4 2016 Acquisition Activity among Carolinas and Georgia-headquartered companies

Total # of Closed M&A Deals

128 Total Deal Volume

($MM) $23,567.59

Median Deal Value ($MM)

$64.50

# of SC Transactions 23

# of GA Transactions 52 # of NC Transactions 53

Materials, 4

Industrials, 36

Consumer Discretionary, 21

Consumer Staples, 2

Healthcare, 16

Financials, 23

Information Technology, 19

Utilities, 3

No Primary Industry Assigned, 4

Q4 M&A Activity: Industrials Activity Leads The Way In SC, NC, GA

Source: S&P Capital IQ

List of Q4’16 Southeast-based Acquirer Transactions

M&A Closed Date

Buyers/Investors Buyer City Buyer

Industry Target/Issuer

Target Description

Enterprise Value ($ in

MMs) Transaction Comments

12/31/2016 Duke Energy Corporation (NYSE:DUK)

Charlotte, NC Electric Utilities

SunPower Corporation

(NasdaqGS:SPWR), Three California Solar Projects

Totaling 55 Megawatts

As of December 31, 2016, 3 California

Solar Projects Totaling 55

Megawatts of SunPower

Corporation (NasdaqGS:SPWR)

was acquired by Duke Energy Corporation.

Three California Solar Projects Totaling 55

Megawatts of SunPower

Corporation (NasdaqGS:SPWR)

generates electricity through solar power

plants.

-

Duke Energy Corporation (NYSE:DUK) acquired 3 California

Solar Projects Totaling 55 Megawatts from SunPower

Corporation (NasdaqGS:SPWR) in late December 2016.

12/31/2016 State Bank Financial

Corporation (NasdaqCM:STBZ)

Atlanta, GA Regional Banks S Bankshares, Inc.

S Bankshares, Inc. is a bank holding

company and through its subsidiary offers

regional banking services. The company was

formerly known as First Citizens

Bankshares, Inc. and changed its name to S

Bankshares, Inc. in September 2012.

$10.80

State Bank Financial Corporation (NasdaqCM:STBZ) executed a non-binding letter of intent to acquire S Bankshares, Inc. for

$10.9 million in cash and stock on February 2, 2016. Subject to

allocation procedures, S Bankshares shareholders electing cash consideration would receive

$56 per share of S Bankshares common stock. The proposal set

a minimum of 50% and a maximum of 60% for the stock

consideration.

12/31/2016 State Bank Financial

Corporation (NasdaqCM:STBZ)

Atlanta, GA Regional Banks NBG Bancorp, Inc.

NBG Bancorp, Inc. operates as a bank

holding company for The National Bank of Georgia and provides commercial banking

services. The company was

incorporated in 1999 and is based in

Athens, Georgia. As of December 31,

2016, NBG Bancorp, Inc. operates as a subsidiary of State

Bank Financial Corporation.

$68.00

State Bank Financial Corporation (NasdaqCM:STBZ) signed a

definitive agreement to acquire NBG Bancorp, Inc. for $68 million

in cash and stock on April 5, 2016. Shareholders of NBG can elect to receive either $45.45 in

cash or 2.1642 shares of the Company’s common stock for each share of NBG common stock, subject to an overall

allocation of exchanged shares into 50% cash and 50% stock.

12/30/2016 Colonial Family

Practice LLC Sumter, SC Healthcare

Santee Cooper Primary Care and

Santee Cooper Urgent Care

As of December 30, 2016, Santee Cooper

Primary Care and Santee Cooper

Urgent Care was acquired by Colonial Family Practice LLC.

Santee Cooper Primary Care and

Santee Cooper Urgent Care

comprises two healthcare facilities.

-

Colonial Healthcare acquired Santee Cooper Primary Care and Santee Cooper Urgent Care on

December 30, 2016.

12/29/2016 Northeast Georgia Health System, Inc.

Gainesville, GA

Healthcare Winder HMA, LLC

Winder HMA, LLC, doing business as Barrow Regional

Medical Center, owns and operates a

hospital.

-

Northeast Georgia Health System, Inc. signed a definitive agreement to acquire Winder

HMA, LLC from Quorum Health Corporation (NYSE:QHC) on

October 3, 2016. No immediate operational service changes at

the hospital are anticipated. The sale is subject to customary

regulatory approvals and closing conditions. The sale is expected to close on December 31, 2016.

The deal will contribute in reducing debt and improving

financial performance.

12/28/2016 Nutrition & Fitness,

Inc. Fayetteville,

NC Pharmaceuticals

Prestige Brands Holdings, Inc. (NYSE:PBH)

As of December 28, 2016, e.p.t. Brand of

Prestige Brands Holdings, Inc. was

acquired by Nutrition & Fitness, Inc. e.p.t.

Brand of Prestige Brands Holdings, Inc.

comprises manufacturing operations of

pregnancy kits.

-

Nutrition & Fitness, Inc. acquired e.p.t® Brand from Prestige

Brands Holdings, Inc. (NYSE:PBH) on December 28, 2016. For the fiscal year 2016, e.p.t® Brand

reported revenues of $14 million. The impact to Prestige Brands

Holdings’ financials from the sale of the brand is not material to

Prestige Brands Holdings’ results.

12/27/2016 Ennis-Flint Inc. Thomasville,

NC Specialty

Chemicals American Traffic

Products, Inc.

American Traffic Products, Inc.

manufactures traffic paints and

thermoplastics.

- Ennis-Flint Inc. acquired

American Traffic Products, Inc. on December 27, 2016.

12/23/2016 Ebix, Inc.

(NasdaqGS:EBIX) Johns Creek,

GA Application

Software Wdev Soluções em

Tecnologia S.A.

Wdev Soluções em Tecnologia S.A.

provides information technology consulting

services for the insurance market. The company was

founded in 2009 and is based in Rio de

Janeiro, Brazil. As of December 23, 2016, Wdev Soluções em

Tecnologia S.A. operates as a

subsidiary of Ebix, Inc.

-

Ebix, Inc. (NasdaqGS:EBIX) acquired Wdev Soluções em

Tecnologia S.A. on December 23, 2016. Ebix funded the purchase using its internal cash reserves,

with no Ebix shares being issued. Ebix retained the entire senior

management team led by Guillermo Reid, founder and

Chief Executive Officer of Wdev, who will continue to lead the Wdev Division of Ebix as Vice President and Division Head.

WDEV has annual revenues of $11 million. Ebix expects the

transaction to be immediately accretive for its shareholders. No financial advisors were involved in the transaction from the Ebix

side.

12/22/2016 Bounce Media, LLC Atlanta, GA Broadcasting The Trumpet

Awards Foundation, Inc.

As of December 22, 2016, The Trumpet Awards Foundation,

Inc. operates as a subsidiary of Bounce

Media, LLC.

-

Bounce Media, LLC acquired all assets of The Trumpet Awards Foundation, Inc. on December

22, 2016. Xernona Clayton, founder and Executive Producer

of The Trumpet Awards Foundation, Inc., will become

Chairman Emeritus of the awards and continue to play an active

role in the event. Xernona Clayton will remain President

and Chief Executive Officer of the Trumpet Awards Foundation, Inc.

12/21/2016 OneDigital Health and

Benefits Atlanta, GA

Insurance Brokerage

Designing Benefits Inc.

Designing Benefits Inc. provides benefits

solutions for businesses and

families.

-

OneDigital Health and Benefits acquired Designing Benefits Inc. on December 21, 2016. Kirstin

Kleinschmidt, Founder and President of Designing Benefits,

has joined OneDigital as a principal and along with her team of four and they have

expanded the Northern California office to 30-plus advisors and professionals.

Wetherhead Communications acted as public relations advisor

for OneDigital.

12/21/2016 CENTURY 21 Triangle

Group LLC Raleigh, NC

Real Estate Services

Becky Medlin Realty, Inc.

Becky Medlin Realty, Inc., doing business as

CENTURY 21 Becky Medlin Realty, offers

residential and commercial real

estate services in the Raleigh, RTP, Cary,

Fuquay-Varina, Garner, Holly Springs,

Angier, Willow Springs, and

surrounding areas.

-

CENTURY 21 Triangle Group acquired CENTURY 21 Becky

Medlin Realty on December 21, 2016.

12/21/2016 Fintrust Investment

Advisors Greenville, SC

Financial Services

Erisa Plan Services, Inc.

- -

Fintrust Investment Advisors acquired Erisa Plan Services, Inc. from Mike Cruce on December

21, 2016. Post-completion, Mike Cruce will be joining FinTrust

team.

12/21/2016 United Parcel Service,

Inc. (NYSE:UPS) Atlanta, GA

Air Freight and Logistics

Marken Limited

Marken Limited provides patient-

centric supply chain services for life

sciences and pharmaceutical

industries worldwide.

-

United Parcel Service, Inc. (NYSE:UPS) entered into a

definitive purchase agreement to acquire Marken Limited on November 7, 2016. Upon

completion, Marken will operate as a wholly owned subsidiary of UPS. Marken posted an EBITDA

of $45 million in 2015. Wes Wheeler, Chief Executive Officer of Marken will continue to lead

the Marken business. The transaction is subject to

customary conditions and regulatory approvals. The

transaction is expected to close December 31, 2016.

12/20/2016 Cadence Group Associates, Inc.

Atlanta, GA IT Consulting SME Limited

SME Limited manufactures

gramophone pick-up arms and turntables.

It also offers turntable spare parts; and tonearm/pickup

arm spare parts.

- Cadence Group Associates, Inc

acquired SME Limited on December 20, 2016.

12/19/2016 SiteOne Landscape

Supply, Inc. (NYSE:SITE)

Roswell, GA Trading

Companies and Distributors

EHLP, LLC

EHLP, LLC wholesales and supplies nursery

products, stone products, tools, and seeds and fertilizers

to landscapers, garden centers, architects, and

contractors. It also offers delivery

services.

-

SiteOne Landscape Supply, Inc. (NYSE:SITE) acquired East Haven

Landscape Products on December 19, 2016.

12/16/2016 Southwire Company,

LLC Carrollton, GA

Electrical Components and

Equipment

Sumner Manufacturing Company, Inc.

As of December 16, 2016, Sumner Manufacturing Company, Inc. operates as a subsidiary of

Southwire Company, LLC.

-

Southwire Company, LLC acquired Sumner Manufacturing Company, Inc. on December 16, 2016. The acquisition includes manufacturing operations and corporate support functions in

Houston and Langfang, China, as well as sales and distribution offices in Canada, the United

Kingdom and the Netherlands. Sumner’s existing manufacturing

capabilities will be integrated into Southwire’s business

operations. 160 employees of Sumner will join Southwire.

12/16/2016 Engage2Excel, Inc. Statesville, NC

Human Resources and Employment

Services

Decision Toolbox, Inc.

Decision Toolbox, Inc. provides recruitment

solutions for companies in the

United States.

- Engage2Excel, Inc. acquired

Decision Toolbox, Inc. on December 16, 2016.

12/16/2016 Suntrust Bank Atlanta, GA Regional Banks Pillar Financial LLC

Pillar Financial LLC provides financing

solutions for affordable and

market-rate multifamily real

estate, as well as healthcare properties in the United States.

-

Suntrust Bank signed a definitive agreement to acquire

substantially all of the assets of Pillar Financial LLC on October

20, 2016. As per the agreement, Suntrust Bank will acquire Pillar's

multi-family lending business, which is comprised of multi-family affordable housing,

healthcare properties, senior housing, and manufactured

housing specialty teams.

12/15/2016 Eli Global, LLC Durham, NC Publishing Bankers Life

Insurance Company

Bankers Life Insurance Company provides retirement

annuity solutions.

-

Eli Global, LLC acquired Bankers Life Insurance Company from

Bankers Financial Corporation on December 15, 2016. Bankers Life Insurance Company will continue

to maintain its name and the staff at Bankers Life Insurance

Company will remain members of the Tampa Bay community.

The deal has received regulatory approval from all required

parties.

12/12/2016 Blanchard Equipment

Co., Inc. Waynesboro,

GA

Trading Companies and

Distributors

Epting Turf & Tractor, Inc.

Epting Turf & Tractor, Inc. operates as a John Deere C&CE

lawn and garden, and utility tractors dealer in the United States

and Canada.

- Blanchard Equipment Co., Inc. acquired Epting Turf & Tractor,

Inc. on December 12, 2016.

12/12/2016 Driven Brands, Inc. Charlotte, NC Specialized Consumer Services

Express Lube Inc.

Express Lube Inc. provides oil change

and other automotive services.

-

Driven Brands, Inc. acquired Express Lube from family on

December 12, 2016. The purchase reinforces Driven Brands' growing Quick Lube

division. Bre Whalen of Fishman acted as public relations advisor

for the transaction.

12/12/2016 MapAnything, Inc. Charlotte, NC Internet

Software and Services

Keystroke Creative Inc.

As of December 12, 2016, Keystroke Creative Inc. was

acquired by MapAnything, Inc.

-

MapAnything, Inc. acquired Keystroke Creative on December 12, 2016. Under the terms of the transaction, MapAnything, Inc.

acquired the employees of Keystroke Creative which will join MapAnything’s mobile team and will work out of MapAnything’s

Atlanta office.

12/12/2016 Primo Water Corporation

(NasdaqGM:PRMW)

Winston-Salem, NC

Beverage Services

Glacier Water Services, Inc.

Glacier Water Services, Inc. owns and operates self-

service water vending machines that

dispense filtered drinking water to the

consumers in the United States and

Canada.

$255.49

Primo Water Corporation (NasdaqGM:PRMW) executed a definitive merger agreement to acquire Glacier Water Services

Inc. (OTCPK:GWSV) for approximately $250 million on

October 9, 2016.

12/9/2016 Strata Products Worldwide, LLC

Sandy Springs, GA

Construction and Engineering

A. L. Lee Corporation

A. L. Lee Corporation manufactures and

supplies underground mining equipment.

-

Strata Products Worldwide, LLC acquired assets of A. L. Lee

Corporation from a family on December 9, 2016. Strata plans to retain the A.L. Lee brand and

trademark.

12/9/2016 Albany State

University Albany, GA Higher Education Darton State College

As of December 9, 2016, Darton State

College was acquired by Albany State

University.

-

Albany State University agreed to acquire Darton State College on November 10, 2015. Under the

terms of transaction, Darton State College and Albany State University will consolidate to

form one institution, new institution will be named Albany

State University.

12/7/2016 SnapAV, LLC Charlotte, NC Consumer Electronics

Autonomic Controls, Inc.

Autonomic Controls, Inc. develops digital media solutions for

integrators and manufacturers in the custom electronics

industry.

- SnapAV, LLC acquired Autonomic

Controls, Inc. on December 7, 2016.

12/6/2016 MHAworks

Architecture Durham, NC

Research and Consulting

Services

Alberice Architecture

- -

MHAworks Architecture agreed to acquire Alberice Architecture on December 6, 2016. The terms of the deal were not disclosed.

12/6/2016 LBA Haynes Strand

PLLC Greensboro,

NC

Research and Consulting

Services

SeeRisk Management Advisors, LLC

SeeRisk Management Advisors, LLC

provides risk-based management services

for organization in North Carolina.

-

LBA Haynes Strand PLLC acquired SeeRisk Management Advisors, LLC from Maryanne L. Recchion

on December 6, 2016. Dave Recchion, President of SeeRisk

Management Advisors, LLC, has joined the LBA Haynes Strand

team as a Principal and leader in Greensboro office.

12/5/2016 GMS Inc. (NYSE:GMS) Tucker, GA Trading

Companies and Distributors

Interior Products Supply

Interior Products Supply offers interior building supplies for business operations.

The company is based in the United States. As of December 5,

2016, Interior Products Supply

operates as a subsidiary of GMS Inc.

-

GMS Inc. (NYSE:GMS) acquired Interior Products Supply from SGI, Inc. on December 5, 2016.

Interior Products Supply will operate within the Central

Division of GMS and continue doing business as Interior

Products Supply. For the twelve months ended October 31,

2016, Interior Products Supply generated approximately $12.3

million in net sales.

12/5/2016 Family Care Partners

Management LLC Fort Mill, SC Healthcare

Wagener Medical Center

Wagener Medical Center provides

healthcare services. The company was

founded in 1992 and is based in Wagener,

South Carolina.

-

Family Care Partners Management LLC acquired

Wagener Medical Center on December 5, 2016.

12/2/2016 XLerate Group Charleston, SC Diversified

Support Services Lone Star Auto

Auction, Inc.

Lone Star Auto Auction, Inc. provides automobile auction

services. It offers wholesale vehicles to

serve the needs of dealers. The company is based in Lubbock,

Texas. As of December 2, 2016,

Lone Star Auto Auction, Inc. operates

as a subsidiary of XLerate Group.

-

XLerate Group acquired Lone Star Auto Auction on December

2, 2016. Amanda Passage of Lambert, Edwards & Associates acted as public relations advisor

in the transaction.

12/2/2016 Premier Supply Chain

Improvement Inc. Charlotte, NC Healthcare

50% in Innovatix, LLC and 100% in

Essensa Ventures, LLC

- $379.00

Premier Supply Chain Improvement Inc. signed an

agreement to acquire remaining 50% stake in Innovatix LLC and

100% stake in Essensa Ventures, LLC from GNYHA Holdings LLC for

approximately $380 million on November 25, 2016. Out of total consideration, $238.5 million will

be paid at closing and the remaining $97.5 million shall be paid to the seller on January 10, 2017, if the closing date is prior to January 10, 2017 or on the

closing date, if the closing date occurs on or after January 10,

2017.

12/1/2016 Carolina Beverage

Corporation Salisbury, NC Soft Drinks

Sun Drop Bottling Co Inc

As of December 1, 2016, Sun Drop Bottling Co Inc operates as a

subsidiary of Carolina Beverage

Corporation.

-

Carolina Beverage Corporation acquired Sun Drop Bottling Co Inc on December 1, 2016. Dr.

Pepper will continue to own the Sun Drop formula. Employment

offers were made to the employees of Sun Drop from

Carolina Beverage.

12/1/2016 Arrow Exterminators,

Inc. Atlanta, GA

Specialized Consumer Services

Action Termite & Pest Control LLC

Action Termite & Pest Control LLC offers

pest control services. The company was

founded in 1972 and is based in

Morristown, Tennessee.

-

Arrow Exterminators, Inc. acquired Action Termite and Pest

Control LLC on December 1, 2016. As part of the acquisition, Action Termite and Pest Control will complement the other seven

Arrow Exterminators offices in Tennessee and will ultimately

operate as Arrow Exterminators.

12/1/2016 nThrive, Inc. Alpharetta,

GA Healthcare Technology

Adreima, Inc.

Adreima, Inc. engages in the conversation of

healthcare reimbursements for hospitals and health

systems in the United States.

-

nThrive, Inc. entered into an agreement to acquire Adreima, Inc. from Bregal Sagemount and others on November 17, 2016..

The deal is expected to close prior to end of 2016.

12/1/2016 FirstHealth of the

Carolinas, Inc. Pinehurst, NC Healthcare Hamlet H.M.A., LLC

Hamlet H.M.A., LLC, doing business as Sandhills Regional Medical Center,

operates an acute care hospital that

provides emergency, intensive care, telemetry, and inpatient and

outpatient medical and surgical services.

-

FirstHealth of the Carolinas, Inc. entered into a definitive

agreement to acquire Hamlet H.M.A., LLC from Quorum Health

Corporation (NYSE:QHC) on October 19, 2016. The

transaction which is subject to customary regulatory approvals

and closing conditions, is expected to close on December

1, 2016.

11/30/2016 U.S. Security

Associates, Inc. Roswell, GA Security Services

Old Dominion Security Co., Inc.

Old Dominion Security Co., Inc. provides security

services and solutions for healthcare,

commercial, and government clients.

-

U.S. Security Associates, Inc. acquired ODS Security Solutions on November 30, 2016. Former Chief Executive Officer of ODS,

Rafe Wilkinson will join U.S. Security Associates and will

continue to lead the healthcare market segment’s strategic

development.

11/30/2016 AGRO Merchants

Group, LLC Alpharetta,

GA Diversified

Support Services Doboy Cold Stores

Pty Ltd

Doboy Cold Stores Pty Ltd. operates cold

storage facilities, and provides logistics

services. It operates freezer stores, chilled

stores, cool stores, and ambient stores.

-

AGRO Merchants Group, LLC acquired Doboy Cold Stores Pty. Ltd. from a family on November

30, 2016. David O’Brien, Managing Director of Doboy will continue in his current role with

AGRO Merchants. Doboy’s employees will be integrated into

AGRO Merchants.

11/30/2016 Arthur Elliott

Marketing Group Charlotte, NC Advertising

BlueCap Marketing LLC

As of November 30, 2016, BlueCap

Marketing LLC was acquired by Arthur Elliott Marketing

Group.

-

Arthur Elliott Marketing Group acquired BlueCap Marketing on

November 30, 2016. Post-merger the combined entity will retain the Arthur Elliot name and will be led by Dockery Clark, Andy

Pfeiffer and De Cordell. Headquarters of new corporate

entity will be located at 800 West Hill Street, Suite 207 in Charlotte,

NC.

11/30/2016 Carolina Promotions

Services, Inc. Winston-Salem, NC

Office Services and Supplies

Collective Bias, Inc.

Collective Bias, Inc. provides social media

and shopper marketing services.

-

Carolina Promotions Services, Inc entered into a definitive

agreement to acquire Collective Bias, Inc. on November 17, 2016.

11/30/2016 Patterson Pump

Company Toccoa, GA

Industrial Machinery

Morrison Pump Company, Inc.

Morrison Pump Company, Inc.

designs, engineers, and manufactures

water pumps.

-

Patterson Pump Company entered into a letter of intent to

acquire Morrison Pump Company on August 29, 2016.

11/28/2016 Access Holdco

Management, LLC Atlanta, GA Insurance

Occidental Fire & Casualty Company of North Carolina,

Non-Standard Auto Insurance Book

Business

As of November 28, 2016, Non-Standard Auto Insurance Book

Business of Occidental Fire &

Casualty Company of North Carolina, was acquired by Access

Holdco Management, Llc. Non-Standard

Auto Insurance Book Business of

Occidental Fire & Casualty Company of

North Carolina provides automobile insurance products and services to non-

standard auto market.

-

Access Holdco Management, LLC acquired non-standard auto

insurance book business from Occidental Fire & Casualty

Company of North Carolina on November 28, 2016.

11/18/2016 Sunbelt Rentals, Inc. Fort Mill, SC Trading

Companies and Distributors

BlueLine Rental, LLC, Business and Assets of Four Branches in New Mexico And El

Paso

As of November 18, 2016, Business and

Assets of Four Branches in New

Mexico And El Paso of BlueLine Rental, LLC

was acquired by Sunbelt Rentals, Inc.

$27.00

Sunbelt Rentals, Inc. acquired the business and assets of BlueLine Rental, LLC for $27 million on

November 18, 2016. The branches, which have been

acquired, are general equipment rental businesses.

11/18/2016 SnapAV, LLC Charlotte, NC Consumer Electronics

Cortez Connect Inc

Cortez Connect Inc., doing business as

Visualint, manufactures

intelligent video analytics solutions for

security and surveillance applications.

-

SnapAV, LLC acquired Visualint on November 18, 2016. Visualint products will begin to appear on the SnapAV dealer portal in first

quarter of 2017. Eventually, however, Visualint products will merge into a single ecosystem

that includes other SnapAV solutions.

11/17/2016 Crossroads Holding,

LLC Greenville, SC Healthcare

Starting Point of Darlington LLC And

Starting Point of Florence, Inc.

Starting Point of Darlington LLC And

Starting Point of Florence, Inc. represent the

combined operations of Starting Point of Darlington LLC And

Starting Point of Florence, Inc. in their

sale to Crossroads Holding, LLC.

-

Crossroads Holding, LLC acquired Starting Point of Darlington LLC and Starting Point of Florence,

Inc. on November 17, 2016

11/16/2016 Colonial Family

Practice LLC Sumter, SC Healthcare

East Clarendon Medical Center

East Clarendon Medical Center owns and operates a family medicine practice and

offers healthcare services.

-

Colonial Family Practice LLC acquired East Clarendon Medical

Center from Kate Smith on November 16, 2016. Colonial Healthcare will re-open East Clarendon Medical Center on

November 17 and will retain all providers and staff.

11/16/2016 LendingTree, LLC Charlotte, NC Internet

Software and Services

Iron Horse Holdings, LLC

Iron Horse Holdings, LLC operates

CompareCards.com, a credit card

comparison website.

$130.00

LendingTree, LLC acquired Iron Horse Holdings, LLC

(CompareCards) from Christopher J. Mettler, Grady

Christopher Mettler, Lucy MacNaughton Mettler, Herbert Cammerer Mettler and Molly

Archer Mettler for $130 million on November 16, 2016.

11/16/2016 Togetherwork Holdings, LLC

Columbus, GA Internet

Software and Services

CircuiTree Ltd. CircuiTree Ltd.

designs and builds GPS based solutions.

-

Togetherwork acquired CircuiTree Ltd. on November 16, 2016. CircuiTree will become an independent operating company within Togetherwork, with Tom Newberry serving as President.

11/15/2016 Quikrete Holdings,

Inc. Atlanta, GA

Construction Materials

Contech Holdings, Inc

Contech Holdings, Inc. is based in Ohio. As of November 15,

2016, Contech Holdings, Inc operates as a

subsidiary of Quikrete Holdings, Inc.

$950.00

Quikrete Holdings, Inc. agreed to acquire Contech Holdings, Inc. from Anchorage Capital Group,

L.L.C. and Littlejohn & Co. LLC for $950 million on October 24, 2016. Quikrete Holdings will

finance the purchase from $100 million of cash on hand and a proposed $2.2 billion senior

secured term loan due 2023. The deal is subject to approval by the

board of directors of both companies and is expected to close by the end of November

2016.

11/14/2016 Crednology Holding

Corporation (OTCPK:COHO)

Gray, GA Specialized

Finance California Recycles

Inc.

California Recycles Inc., a recycling waste

management company, provides

electronics recycling services for people,

non-profit organizations,

corporations, and municipalities.

$0.25

Crednology Holding Corp. (OTCPK:COHO) acquired

California Recycles Inc. for $0.25 million on November 14, 2016.

Consideration will be paid in common shares and a note with payments due over a five year

period.

11/14/2016 Brandon Advertising,

Inc. Myrtle Beach,

SC Advertising Artizen Studio LLC

As of November 14, 2016, Artizen Studio LLC was acquired by Brandon Advertising,

Inc. Artizen Studio LLC provides digital marketing services. The company was

founded in 1996 and is based in Charlotte,

North Carolina.

-

Brandon Advertising, Inc. acquired Artizen Studio from

Cary Murphy on November 14, 2016. Artizen Studio has been

rebranded as part of The Brandon Agency. All staff will

maintain their current clients and work. Cary Murphy, Owner and

Creative Director of Artizen Studios, has moved into a new role at The Brandon Agency as

the Regional President and Group Creative Director. The

Brandon Agency, which maintains a Charlotte office, will consolidate its physical location in that city, into Artizen Studio’s

current headquarters.

11/11/2016 Pinnacle Bank (Elberton, GA)

Elberton, GA Regional Banks Independence Bank

of Georgia

As of November 11, 2016, Independence Bank of Georgia was acquired by Pinnacle Bank (Elberton, GA). Independence Bank of Georgia provides

personal and business banking services.

$32.80

Pinnacle Bank (Elberton, GA) signing of a definitive merger

agreement to acquire Independence Bank of Georgia for $32.8 million in cash on July

1, 2016. McConnell will continue to serve as President and Chief

Executive Officer of Pinnacle and Evans and Sid Chandler, a senior lending officer at Independence,

will have leadership positions within Pinnacle, with the primary responsibility of overseeing the

communities currently served by Independence.

11/10/2016 eVestment Alliance,

LLC Marietta, GA

Internet Software and

Services Public Plan IQ, LLC

Public Plan IQ, LLC provides research

services for aggregating the

intelligence of the U.S. state and local

government pension plans.

-

eVestment Alliance, LLC acquired Public Plan IQ on November 10, 2016. Under the terms, Debra Gregory and her staff will join

eVestment.

11/10/2016 STONE Resource

Group LLC Roswell, GA

IT Consulting and Other Services

ServPartners, LLC

ServPartners, LLC provides network

based staffing services. The company was

founded in 2013 and is based in Frisco,

Texas

- STONE Resource Group LLC

acquired ServPartners, LLC on November 10, 2016.

11/10/2016 Century Fire

Protection, LLC Duluth, GA Office Services

Advanced Fire And Security, Inc.

The company is engaged in Fire Alarm Systems Installation. As of November 10, 2016, Advanced Fire

And Security, Inc. operates as a

subsidiary of Century Fire Protection, LLC.

-

Century Fire Protection, LLC acquired a majority stake in

Advanced Fire & Security, Inc. on November 10, 2016. Eric Rode and Laura Rode, co-founders of Advanced Fire & Security, will

continue to lead the operations and retain minority equity

interests as partners.

11/10/2016 Investors

Management Corporation

Raleigh, NC Asset

Management IDOC, LLC

IDOC, LLC, a practice management and

development organization,

provides product discounts, personal

account consultants, practice management

tools, continuing education classes, career connection

services, and discounted

pharmaceuticals and supplies for

optometrists.

-

Investors Management Corporation acquired an

unknown stake in IDOC, LLC from The Riverside Company on November 10, 2016. Post

acquisition, Dave Brown, IDOC President and Chief Executive

Officer and his senior management team of Chief

Optometric Officer Neil Gailmard and Chief Financial Officer Oliver

Spandow will continue to lead IDOC.

11/9/2016 TEGRA Financial

Partners Atlanta, GA

Financial Services

Retirement Plan Services Company

As of November 9, 2016, Retirement

Plan Services Company was

acquired by TEGRA Financial Partners. Retirement Plan

Services Company provides retirement

planning services.

-

TEGRA Financial Partners acquired Retirement Plan

Services Company on November 9, 2016. Tim Baker, President and Chief Executive Officer of

Retirement Plan Services Company will join HA&W Benefit

Advisors (TEGRA Financial Partners) as Director of

retirement plan operations.

11/7/2016 Pediatric Services of

America, Inc. Atlanta, GA Healthcare

Innovations Health Services and Assure Home Healthcare

Inc.

Innovations Health Services and Assure

Home Healthcare Inc. represent the

combined operations of Innovations Health Services and Assure

Home Healthcare Inc. in their sale to

Pediatric Services of America, Inc.

-

Pediatric Services of America, Inc. acquired Innovations Health

Services and Assure Home Healthcare Inc. on November 7,

2016. David Metcalf, President of Innovations, will join the

Pediatric Services of America management team in Texas.

11/7/2016 Sock and Accessory Brands Global, Inc.

Mocksville, NC Apparel and Accessories

Twin City Knitting Company, Inc.

Twin City Knitting Company, Inc., a hosiery company,

manufactures socks for athleticism and

recreation.

-

Sock and Accessory Brands Global, Inc. acquired Twin City Knitting Company, Inc. from

Joseph Lamb and Fran Davis on November 7, 2016. Twin City

Knitting will continue to operate out of its existing facilities in North Carolina, and the prior

owners, Joseph Lamb and Fran Davis, will retain their roles with the business. In addition, Fran

Davis will join the Board of Directors of Sock and Accessory

Brands Global.

11/7/2016 SiteOne Landscape

Supply, Inc. (NYSE:SITE)

Roswell, GA Trading

Companies and Distributors

Loma Vista Nursery, Inc.

Loma Vista Nursery, Inc. owns and

operates nurseries in the metropolitan Kansas City area.

-

SiteOne Landscape Supply, Inc. (NYSE:SITE) acquired assets of

Loma Vista Nursery, Inc. on November 7, 2016. SiteOne will also assume liabilities of Loma

Vista.

11/4/2016 CapitalSouth Growth

Fund; Graycliff Partners

Charlotte, NC Asset

Management INSTALLS, Inc.

INSTALLS, Inc. provides in-home or on-site installation

services.

-

Graycliff Partners, CapitalSouth SBIC Fund IV, L.P. managed by

CapitalSouth Growth Fund acquired INSTALLS, Inc. in a

management buyout on November 4, 2016.

11/4/2016 eMinor Incorporated Durham, NC Internet

Software and Services

Audiokite, L.L.C.

Audiokite, L.L.C. operates an online

music research platform that enables musicians to get their

music reviewed by music fans.

-

eMinor Incorporated acquired Audiokite, L.L.C. on November 4,

2016. Pursuant to the transaction, Audiokite, L.L.C. has

been integrated into ReverbNation’s existing Crowd

Review product. Audiokite's operations, however, will not

change for the time being.

11/4/2016 Sensus (Bermuda 2)

Ltd. Raleigh, NC

Electronic Equipment and

Instruments Sentec Ltd.

Sentec Ltd. develops and licenses

intellectual property (IP), and provides

development services to its licensees for

product developments based

on that IP.

-

Sensus (Bermuda 2) Ltd. agreed to acquire Sentec Ltd on

November 4, 2015. Sentec will maintain its independence, team

and operations in Cambridge.

11/2/2016 Arrow Exterminators,

Inc. Atlanta, GA

Specialized Consumer Services

Whitco Pest Management Inc.

Whitco Pest Management Inc. operates as a pest

management company that

provides extermination and

pest control services for families, building

contractors, businesses, and real

estate agents in Raleigh, Wilson, and

Eastern North Carolina areas.

-

Arrow Exterminators, Inc. acquired Whitco Pest

Management Inc. on November 2, 2016. Whitco Pest

Management will complement the other Arrow Exterminators office in the Research Triangle Park area and will ultimately

operate as Arrow Exterminators. Team members of Whitco Pest

Management will join Arrow Exterminators.

11/2/2016 Diamonds Direct USA

Inc. Charlotte, NC

Specialty Retailer

Diamond Doctor, LLC

As of November 2, 2016, Diamond Doctor, LLC was

acquired by Diamonds Direct USA Inc. Diamond Doctor, LLC operates a chain of jewelry stores in the United States. The company was

founded in 1995 and is based in Dallas,

Texas.

-

Diamonds Direct USA Inc. acquired Diamond Doctor, LLC from David Blank on November

2, 2016. Diamond Doctor will began operating as Diamonds

Direct. Diamonds Direct retained all Diamond Doctor employees.

Amit Berger, Senior Vice President of Diamonds Direct,

will relocate to Dallas to oversee operations. David Blank will stay on in a consulting role for a year

or two.

11/1/2016 Waste Industries USA,

Inc. Raleigh, NC

Environmental and Facilities

Services

Cardinal Waste Solutions, LLC

As of November 1, 2016, Cardinal Waste

Solutions, LLC was acquired by Waste Industries USA, Inc.

Cardinal Waste Solutions, LLC offers

waste recycling services. The company was

founded in 2000 and is based in Fairburn,

Georgia.

-

Waste Industries USA, Inc. acquired Cardinal Waste Solutions (‘Cardinal’) on

November 1, 2016. Cardinal generated revenues of $6.4

million in 2015. Waste Industries USA will merge the acquired

operation into its existing Atlanta assets operated out of the

Fairburn location. November will be a transitional month with full

operational transfer effective December 1.

11/1/2016 AM Conservation

Group, Inc. Charleston, SC

Electrical Components and

Equipment

Franklin Energy Services, LLC

Franklin Energy Services, LLC designs

and implements customized electric

and natural gas energy efficiency

programs for utilities, municipalities, and government bodies that help their end-use residential and business customers reduce their energy consumption in the United States and

Canada.

-

AM Conservation Group, Inc. acquired Franklin Energy

Services, LLC from PNC Erieview Capital, Cortec Group Fund IV, L.P., fund of Cortec Group and

other shareholders on November 1, 2016. Antares, BMO Capital

Markets, KeyBanc Capital Markets and MetLife provided

committed debt financing for the transaction. Michael Quinn will

become Chief Integration Officer of the combined companies and

continue to lead AM Conservation as President.

11/1/2016 OneWater Marine

Holdings, LLC Buford, GA

Automotive Retail

Texas Sport Boats, LLC

Texas Sport Boats, LLC owns and

operates a boat dealership that offers new and pre-owned

boat sales and brokerage services.

-

OneWater Marine Holdings, LLC acquired Texas Sport Boats from

Lee LaVergne and Cathy LaVergne on November 1, 2016.

Lee and Cathy LaVergne will continue to operate the

dealership under the Texas Sport Boats name. All existing

personnel will remain with Texas Sport Boats. Texas Sport Boats

will continue to operate from its current location on I-45 South in

Conroe.

11/1/2016 Nucor Corporation

(NYSE:NUE) Charlotte, NC Steel

Independence Tube Corporation

Independence Tube Corporation

manufactures square, rectangular, and

round structural steel tubing in North

America.

$435.00

Nucor Corporation (NYSE:NUE) entered into an agreement to acquire Independence Tube

Corporation for approximately $440 million on September 19, 2016. The transaction received

early termination notice for anti trust waiting approval period on

September 30, 2016.

11/1/2016 BNC Bancorp

(NasdaqCM:BNCN) High Point, NC Regional Banks

High Point Bank Corporation

High Point Bank Corporation operates as a holding company

for High Point Bank and Trust Company

that provides banking and financial services

for personal and business customers.

$141.26

BNC Bancorp (NasdaqCM:BNCN) entered into a definitive

agreement to acquire High Point Bank Corp. (OTCPK:HPTB) for

approximately $140 million on November 13, 2015.

10/31/2016 VisionQuest Wealth Management, LLC

Raleigh, NC Asset

Management ALCUS Financial

Group, LLC

ALCUS Financial Group, LLC provides investment advisory

services to small businesses,

individuals, families, trusts, and other institutions in the

United States.

-

VisionQuest Wealth Management, LLC acquired Alcus Financial Group in October 2016.

The transaction was financed through VisionQuest Wealth

Management's own cash flow. Joe Baker, Founder of Alcus joins

VisionQuest as a partner, assuming responsibility for the

firm's growth in Charleston.

10/31/2016 GMS Inc. (NYSE:GMS) Tucker, GA Trading

Companies and Distributors

Ryan Building Materials

As of October 31, 2016, Ryan Building Materials and Ryans

Lakeland Building Materials and Ryan

East Building Materials was

acquired by GMS Inc.

-

GMS Inc. (NYSE:GMS) acquired Ryan Building Materials, Inc.,

Ryan’s Lakeland Building Materials, LLC and Ryan’s East

Building Materials, Inc. from Bill Johnston on October 31, 2016. Bill Johnston and his team will join GMS to support the Ryan Building Materials' continuing

expansion.

10/31/2016 PLI, LLP Asheville, NC Technology Hardware

American Card Services, Inc.

Production Services Associates, LLC

manufactures cards and provides card

marketing solutions in the United States.

-

PLI, LLP acquired Production Services Associates, LLC on

October 31, 2016. The employees of Production

Services Associates, LLC will join PLI, LLP after the transaction. Jim Cyze former President and Chief Executive Officer at Production

Services Associates, LLC will work as Executive Vice President of

Business & Product Development at PLI, LLP. Veronica Meter of Vero Strategies, LLC served as public relations advisor to PLI,

LLP.

10/31/2016 National Land Realty,

LLC Greenville, SC

Real Estate Services

Carolina Land Pursuits

Carolina Land Pursuits provides representation in

land sales for buyers and sellers.

-

National Land Realty, LLC acquired Carolina Land Pursuits on October 31, 2016. As part of this deal, Aaron Sutton will be a manager and broker for Eastern

North Carolina operations of National Land Realty.

10/31/2016 SunBelt Furniture

Xpress, Inc. Hickory, NC Trucking

Northwest Furniture Express, Inc.

As of October 31, 2016, Northwest

Furniture Express, Inc. was acquired by

SunBelt Furniture Xpress, Inc.

Northwest Furniture Express, Inc. operates

as a specialized furniture carrier for furniture companies

in the Pacific Northwest and

Western Canada.

- SunBelt Furniture Xpress, Inc. acquired Northwest Furniture Express on October 31, 2016.

10/31/2016 PRGX USA, Inc. Atlanta, GA Data Processing and Outsourced

Services Lavante, Inc.

Lavante, Inc. designs and develops a cloud-

based supplier information

management (SIM) and profit recovery system for Fortune 1000 companies.

$4.25

PRGX USA, Inc. entered into an agreement and plan of merger to

acquire Lavante, Inc. from Pointguard Ventures I, L.P., fund of PointGuard Ventures LLC for

$4.3 million on October 25, 2016. Under the terms of agreement,

PRGX will pay earn out consideration in cash based on

revenue received from Lavante’s SIM services from closing

through December 31, 2018.

10/31/2016 Investors Title

Company (NasdaqGS:ITIC)

Chapel Hill, NC Insurance University Title

Company

As of October 31, 2016, University Title Company operates as

a subsidiary of Investors Title Co.

$10.92

Investors Title Co. (NasdaqGS:ITIC) entered into a stock purchase agreement to

acquire University Title Company for $10 million in cash on

October 12, 2016.

10/31/2016 La Cima Restaurants,

LLC Atlanta, GA Restaurants

Twin Peaks Restaurant

Twin Peaks Restaurant owns,

operates, and franchises

restaurants.

-

La Cima Restaurants agreed to acquire majority stake in Twin Peaks Restaurant from Front

Burner Restaurants LP and Randy DeWitt on October 10, 2016.

Starlette Johnson will yield her title to Joe Hummel, currently La

Cima's Chief Executive Officer, who will step in as Twin Peaks

Chief Executive Officer. Hummel will report to the Twin Peaks

board, chaired by DeWitt. Coby Brooks will join the Twin Peaks

board.

10/28/2016 Sonoco Products

Company (NYSE:SON) Hartsville, SC Paper Packagin

Plastic Packaging Inc.

Plastic Packaging Inc. manufactures and

markets flexible plastic packaging

products to manufacturers in

consumer and commercial markets.

$64.50

Sonoco Products Co. (NYSE:SON) acquired Plastic Packaging, Inc.

for $64.5 million in cash on October 28, 2016.

10/28/2016 Gilbarco Inc. Greensboro,

NC

Electronic Equipment and

Instruments

Global Traffic Technologies, LLC.

Global Traffic Technologies, LLC.

designs, manufactures, and

delivers traffic signal priority control

solutions worldwide.

-

Gilbarco Inc. acquired Global Traffic Technologies, LLC from

Torquest Partners Fund II, L.P. of TorQuest Partners, Inc. on

October 28, 2016.

10/28/2016 Sports Challenge

Network, LLC Dacula, GA

Application Software

Rolltech, Inc.

Rolltech, Inc. develops mobile applications for

storing and tracking bowling game scores

and statistics. The company was

founded in 2011 and is based in Las Vegas,

Nevada. As of October 28, 2016,

Rolltech, Inc. operates as a

subsidiary of Sports Challenge Network,

LLC.

-

Sports Challenge Network, LLC agreed to acquire Rolltech Inc on

June 27, 2016. Rich Belsky, former Chief Executive Officer of

Rolltech will be now Chief Operating Officer of SCN.

10/28/2016 Southern Power

Company Atlanta, GA Electric Utilities

Invenergy Wake Wind Holdings LLC

Invenergy Wake Wind Holdings LLC

constructs and owns a 257-MW wind facility in Texas.

$469.00

Southern Power Company signed an agreement to acquire 90.1% stake in Invenergy Wake Wind Holdings LLC from Invenergy

Wind LLC for approximately $470 million on June 10, 2016. The transaction is expected to be

completed in late 2016.

10/27/2016 Temprano

Techvestors, Inc. Newton, NC

Technology Distributors

Network Security Group, Inc.

Network Security Group, Inc. provides

network security solutions for

companies, schools, universities, and

government agencies.

- Temprano Techvestors acquired

Network Security Group on October 27, 2016.

10/27/2016 Hawthorne Global

Aviation Services, LLC North

Charleston, SC Airport Services Bama Air Inc.

Bama Air Inc. offers fixed-base operator

(FBO) services at Tuscaloosa Regional Airport. Its services

and facilities include jet fuel and AvGas,

refreshments, catering, GPU,

lavatory services, aircraft

washing/vacuuming, aircraft carpet

cleaning,.

- Hawthorne Global Aviation

Services, LLC acquired Bama Air Inc. on October 27, 2016.

10/27/2016 Minuteman Press Of

Greenville, Inc. Greenville, SC

Commercial Printing

Fox Creek Printing Company Inc.

As of October 27, 2016, Fox Creek

Printing Company Inc. was acquired by

Minuteman Press Of Greenville, Inc. Fox

Creek Printing Company Inc. offers commercial printing

services. The company is based in

Greenville, South Carolina.

-

Minuteman Press of Greenville acquired Fox Creek Printing on

October 27, 2016. As part of transaction Minuteman Press of Greenville has moved into a new

facility located at 435 Wade Hampton Blvd.

10/26/2016 Porter's Group, LLC Bessemer City,

NC

Diversified Metals and

Mining Karlee Company Inc.

Karlee Company Inc. is a contract

manufacturer of precision sheet metal

and machined components for

communications, defense, aerospace, commercial goods,

and medical equipment industries.

-

Porter's Group, LLC acquired Karlee Company Inc on October 26, 2016. Porter's Group now

employs more than 700 people including Karlee's approximately

250 employees.

10/26/2016 Capital Bank Financial Corp. (NasdaqGS:CBF)

Charlotte, NC Regional Banks CommunityOne

Bancorp

As of October 26, 2016, CommunityOne Bancorp was acquired

by Capital Bank Financial Corp. CommunityOne

Bancorp operates as the bank holding

company for CommunityOne Bank,

N.A. that offers consumer, mortgage, and business banking

services to individuals, and small

and middle market businesses in North

Carolina.

$352.90

Capital Bank Financial Corp. (NasdaqGS:CBF) entered into a definitive agreement to acquire

CommunityOne Bancorp (NasdaqCM:COB) from a group of

sellers for approximately $350 million on November 22, 2015.

10/24/2016 Blue Flame Capital,

LLC; JWC Investments, Inc.

Charlotte, NC Asset

Management RumbleON, Inc. (OTCPK:RMBL)

RumbleON, Inc., a development stage

company, provides an e-commerce platform

that facilitates consumers and

dealers to buy, sell, trade, and finance

pre-owned recreation vehicles.

$0.34

Marshall Chesrown, JWC Investments, Inc. and Blue Flame Capital, LLC acquired 60.2% stake

in Smart Server, Inc. (OTCPK:RMBL) from Steven R. Berrard for $0.14 million on October 24, 2016. Under the

terms of deal, Chesrown acquired 2.4 million shares.

10/22/2016 A Brand Company,

Inc. Charlotte, NC Advertising

Design Accessories, Inc.

Design Accessories, Inc. offers

promotional marketing services. The company was

incorporated in 1986 and is based in

Roanoke, Virginia. As of October 22, 2016, Design Accessories, Inc. operates as a

subsidiary of A Brand Company, Inc.

-

A Brand Company, Inc. signed a definitive agreement to acquire

Design Accessories, Inc. on October 22, 2015.

PerformanceLink Systems, Inc., Design Accessories' subsidiary, will remain autonomous and serve as an operating entity

under A Brand Company. Cynthia Lawrence will remain President

of PerformanceLink.

10/19/2016 Peace Sotheby's

International Realty Pawley's Island, SC

Real Estate Services

DeBordieu Colony Real Estate, Inc. and

Prince George Sotheby's

International Realty

DeBordieu Colony Real Estate, Inc. and

Prince George Sotheby's

International Realty represents the

combined operations of DeBordieu Colony Real Estate, Inc. and

Prince George Sotheby's

International Realty in their sale to The Tidelands Company of South Carolina,

LLC. DeBordieu Colony Real Estate,

Inc. and Prince George Sotheby's

International Realty offer real estate

brokerage services.

-

Tidelands Company acquired DeBordieu Colony Real Estate,

Inc. and Prince George Sotheby's International Realty on October 19, 2016. Prince George Sotheby was acquired from Carol Jayroe and Phillip Lammonds, who will

post the acquisition, remain with Peace Sotheby’s International Realty as Sales Associates. The combined entity will now do business as Peace Sotheby's

International Realty.

10/18/2016 Red Ventures, LLC Fort Mill, SC Advertising Soda LLC

Soda LLC operates online Websites for

consumers and consumer brands.

-

Red Ventures, LLC acquired Soda.com on October 18, 2016.

The 30 employees of Soda and its brands will be added to Red

Ventures portfolio.

10/18/2016 Bradley-Morris, Inc. Kennesaw, GA

Human Resources and Employment

Services

Recruitmilitary, LLC

Recruitmilitary, LLC is a full-service military-to-civilian recruiting firm in the United

States. It offers online hiring products,

hiring-based advertising space in

online and print media, contingency hiring services, and

participation in career fairs.

-

Bradley-Morris Holdings, LLC acquired Recruitmilitary, LLC on

October 18, 2016. RecruitMilitary will operate as a division of Bradley-Morris and Peter A.

Gudmundsson, who is president and Chief Executive Officer of

Recruitmilitary, LLC, continues as a President of the division.

10/18/2016 myownasp.com, Inc. Alpharetta,

GA

Internet Software and

Services NovelAspect, Inc.

NovelAspect, Inc. specializes in

application hosting solutions.

-

myownasp.com acquired NovelASPect on October 18,

2016. Warren Patterson, Chief Operating Officer of NovelASPect will remain in the same position

at newly formed company.

10/14/2016 Guardian Building

Products Inc. Greer, SC

Trading Companies and

Distributors

Hawkeye Building Distributors Limited

Hawkeye Building Distributors Limited

offers aluminum soffits and sidings,

aluminum accessories, and steel

sidings and accessories.

-

Guardian Building Products Inc. acquired Hawkeye Building

Distributors Limited on October 14, 2016.

10/14/2016 Crednology Holding

Corporation (OTCPK:COHO)

Gray, GA Specialized

Finance

100% stake in Riteman, Inc. and

100% stake in Landmark PMG LLC

100% stake in Riteman, Inc. and

100% stake in Landmark PMG LLC

represents the combined operations of Riteman, Inc. and

Landmark PMG LLC in their sale to

Crednology Holding Corp. Riteman, Inc. and Landmark PMG

LLC offer IT consulting services including

disaster recovery and cloud computing

services. The companies are based in the United States.

-

Crednology Holding Corp. (OTCPK:COHO) entered into a

letter of intent to acquire 100% stake in Riteman, Inc. and 100%

stake in Landmark PMG LLC from 4Service Cloud Tech AG

(ENXTPA:MLOVE) on July 25, 2016.

10/14/2016 First National Bank of

Decatur County Bainbridge,

GA Regional Banks

Citizens Bank (Cairo, GA)

As of October 14, 2016, Citizens Bank

(Cairo, GA) was acquired by First National Bank of Decatur County.

Citizens Bank offers personal and

commercial banking services. The bank

was founded in 1904 and is based in Cairo,

Georgia.

-

First National Bank of Decatur County entered into definitive agreement to acquire Citizens Bank (Cairo, GA) on June 21, 2016. Under the terms of the

merger, First National Bank will be the acquiring institution and surviving charter. The combined

banks will operate under the First National Bank name.

10/12/2016 Prima Music LLC Brooks, GA Internet and

Direct Marketing Retail

Music Treasures, Inc.

Music Treasures, Inc. distributes music and

dance resource products.

-

Prima Music acquired Music Treasures from Daniel Tuszynski

Jr on October 12, 2016. The Music Treasures catalog will

remain active.

10/11/2016 Relias Learning, LLC Cary, NC Healthcare Technology

Swank HealthCare Inc.

Swank HealthCare Inc. provides online

healthcare education courses for civilian

and military hospitals, clinics, and medical treatment facilities worldwide operates

as a subsidiary of Relias Learning, LLC.

-

Relias Learning, LLC acquired Swank HealthCare from Swank

Motion Pictures, Inc. on October 11, 2016. Simultaneously Relias

Learning, LLC acquired AHC Media.

10/11/2016 Hargett Hunter Capital Partners

Raleigh, NC Asset

Management Green Cafe

Management, Inc.

Green Cafe Management, Inc. owns and operates

restaurants in Texas. Its restaurants offer appetizers, soups,

salads, tacos, sandwiches, burgers and Paninis, pastas, wood-fired pizzas,

desserts, side dishes, kid’s menu,

beverages, and breakfast.

-

Hargett Hunter Capital Partners acquired majority stake in

Ruggles Green on October 11, 2016. Jason Morgan, former

Chief Financial Officer of Zoës Kitchen and a current Hargett Hunter managing partner will

step into the role of Chief Executive Officer for Ruggles

Green.

10/11/2016 Relias Learning, LLC Cary, NC Healthcare Technology

AHC Media, LLC

AHC Media, LLC publishes healthcare

newsletters, sourcebooks, eBooks,

and special reports for freestanding

ambulatory surgery centers, hospital-based same-day

surgery programs, office-based surgery programs, medical

directors, administrators,

business managers, and others.

-

Relias Learning, LLC acquired AHC Media LLC on October 11,

2016. Simultaneously, Relias Learning, LLC acquired Swank

HealthCare from Swank Motion Pictures, Inc.

10/11/2016 Elm Street

Technology, LLC Greensboro,

NC N/A Listingbook, LLC

Listingbook, LLC provides an online platform and client

management system for buyers and sellers

of real estate.

- Elm Street Technology, LLC

acquired Listingbook, LLC on October 11, 2016.

10/11/2016 Sage Automotive

Interiors, Inc. Greenville, SC

Auto Parts and Equipment

Apollo S.p.A

Apollo S.p.A manufactures

upholstery fabrics and velvets for the

automotive interiors.

-

Sage Automotive Interiors, Inc acquired an unknown majority stake in Apollo Spa on October

11, 2016.

10/10/2016 AmericaTowne, Inc. Raleigh, NC Advertising Carson Holdings, LLC

ATI Nationwide Holding Corp. is a holding company, which through its

subsidiary Nationwide

Microfinance Limited, provides national savings and loan

operating services.

$0.18

AmericaTowne, Inc. entered into stock purchase agreement to

acquire 65.54% stake in EXA, Inc. (OTCPK:EXAI) from Carson

Holdings, LLC and Joseph C. Passalaqua for $0.18 million on

October 3, 2016. AmericaTowne will acquire 35 million shares

from Carson Holdings for $0.075 million and 30 million shares

from Joseph C. Passalaqua for $0.1 million. The source of funds

was working capital from AmericaTowne, Inc. The

transaction was approved by Board of Directors of

AmericaTowne, Inc. and EXA, Inc. The acquisition will take place on

or before October 15, 2016.

10/10/2016 CMT Industrial Solutions, Inc.

Greenville, SC Trading

Companies and Distributors

Gamco Services, Inc.

As of October 10, 2016, Gamco Services, Inc. operates as a

subsidiary of CMT Industrial Solutions.

- CMT Industrial Solutions

acquired Gamco Services, Inc on October 10, 2016.

10/8/2016 Coastal Carolina National Bank

Myrtle Beach, SC

Regional Banks VistaBank

As of October 8, 2016, VistaBank was acquired by Coastal

Carolina National Bank. VistaBank

provides personal and business banking

products and services for individuals and businesses in South

Carolina

$12.20

Coastal Carolina National Bank agreed to acquire VistaBank

(Aiken, SC) for $12.2 million on May 12, 2016. Each VistaBank

share will be exchanged for either $5.32 in cash, common

shares of Coastal Carolina Bancshares, Inc., the parent company of Coastal Carolina

National Bank, or a combination of cash and Coastal Carolina Bancshares common stock.

10/7/2016 Trail Creek

Investments, LLC Raleigh, NC Distributors

Warren Oil Company, LLC

Warren Oil Company, LLC manufactures and supplies automotive

lubricants and household chemicals in the United States and internationally.

-

Trail Creek Investments, Inc. acquired an unknown minority stake in Warren Oil Company, Inc. on October 7, 2016. Irwin Warren, the founder and Chief Executive Officer of Warren Oil,

will maintain an undisclosed “significant shareholder position”

in Warren Oil along with the management team of Warren

Oil. Irwin Warren will also serve on Trail Creek’s Board of

Directors.

10/6/2016 Advantage Insurance Management (USA)

LLC Charleston, SC

Insurance Brokerage

Captive Experts LLC, Insurance

Management Business

As of October 6, 2016, Captive Experts

LLC, Insurance Management Business was acquired by

Advantage Insurance Management (USA) LLC. Captive Experts

LLC, Insurance Management

Business comprises companies providing

captive insurance services.

-

Advantage Insurance Management (USA) LLC agreed

to acquire Insurance Management Business from

Captive Experts LLC on October 6, 2015. The transaction is

subject to regulatory approval and expected to close on

October 2015.

10/5/2016 Owen Security Solutions, Inc.

Calhoun, GA Security Services Tight Security Systems INC.

Tight Security Systems INC., a

security company, engages in the sale, service, installation, and monitoring of security products.

-

Owen Security Solutions Inc acquired Tight Security Systems, Inc from Scott Bishop on October 5, 2016. Scott Bishop has joined

the Owen Security Solutions team and will continue to support the Ellijay area.

10/5/2016 Allstar Financial

Group, Inc. Atlanta, GA Insurance

Renova Partners, LLC

Renova Partners, LLC provides financial

advisory services to community banks and

middle market businesses.

-

Allstar Financial Group, Inc. acquired Renova Partners, LLC on October 5, 2016. Tommy Duffy,

founder of Renova will join Allstar as Executive Vice

President/Chief Operating Officer. Also joining Tommy

Duffy, will be Jack Glass, Business Development Director.

10/4/2016 Local Loyalty

Marketing Solutions NC LLC

Raleigh, NC Advertising WordsFound, LLC

WordsFound, LLC, a content company, provides Website

content and specialized writing

services.

-

LeadsNearby acquired WordsFound on October 4, 2016. As part of the transaction, Stacey Whitney, Owner of WordsFound will be the part of LeadsNearby’s

marketing team and will work out of LeadsNearby’s new

Charlotte office.

10/4/2016 Hi-Tech

Pharmaceuticals, Inc. Norcross, GA

Personal Products

Singerman & Braun, LLC

Singerman & Braun, LLC, doing business as

Prime Nutrition, manufactures

supplements. The company offers sugar

substitutes, fat burners, gifts, and

stacks

- Hi-Tech Pharmaceuticals, Inc.

acquired stake in Prime Nutrition on October 4, 2016.

10/4/2016 SportsMEDIA Technology Corporation

Durham, NC Electronic

Equipment and Instruments

Sportvision, Inc.

Sportvision, Inc. develops sports and

entertainment products for fans, media companies,

and marketers.

-

SMT, Inc. agreed to acquire Sportvision, Inc. from Escalate Capital Partners, Second Alpha Partners, Motorola Solutions

Venture Capital, Pritzker Group Venture Capital and others on

September 20, 2016.

10/4/2016 Epes Logistics Services, Inc.

Greensboro, NC

Air Freight and Logistics

Atlantic Logistics, Inc.

Atlantic Logistics, Inc. offers trucking services. The

company provides dry van, flatbed, partial

and less-than-truckload (LTL),

refrigerated, and specialized freight

services.

-

Epes Logistics Services, Inc. acquired Atlantic Logistics, Inc. from Brad Moore on October 4,

2016. All staff from Atlantic Logistics will be retained. Atlantic

Logistics President Brad Moore will join Epes Logistics in a sales

role.

10/4/2016 Intercontinental Exchange, Inc.

(NYSE:ICE) Atlanta, GA

Financial Exchanges and

Data

Standard & Poor's Securities

Evaluations, Inc. and Credit Market

Analysis Limited

Standard & Poor's Securities

Evaluations, Inc. and Credit Market

Analysis Limited represents the

combined operations of Standard & Poor’s

Securities Evaluations, Inc. and

Credit Market Analysis Limited in

their sale to Intercontinental Exchange, Inc.

-

Intercontinental Exchange, Inc. (NYSE:ICE) entered into a

definitive agreement to acquire Standard & Poor’s Securities Evaluations, Inc. and Credit

Market Analysis Limited from S&P Global Market Intelligence

on February 29, 2016.

10/3/2016 Rentokil, Inc. - Pest

Control Services Norcross, GA

Environmental and Facilities

Services

ISOTECH Pest Management Inc.

ISOTECH Pest Management Inc.

provides commercial and residential pest control services in

California.

-

Rentokil, Inc. - Pest Control Services acquired Isotech Pest

Management, Inc. on October 3, 2016.

10/3/2016 GMS Inc. (NYSE:GMS) Tucker, GA Trading

Companies and Distributors

United Building Materials, Inc. and

United Construction Products, Inc.

As of October 3, 2016, United Building

Materials, Inc. and United Construction Products, Inc. were

acquired by GMS, Inc. United Building Materials, Inc.

-

GMS, Inc. (NYSE:GMS) acquired United Building Materials, Inc.

and United Construction Products, Inc. from Ray Zawadzki

on October 3, 2016. Ray Zawadzki and his entire team will

join GMS pursuant to the acquisition.

10/3/2016 Continental Tire the

Americas, LLC Fort Mill, SC Tires and Rubber

Hoosier Racing Tire Corp.

Hoosier Racing Tire Corp. designs and

manufactures racing and street tires. It

also provides apparel and accessories,

including hats, shirts, jackets, T-shirts,

sweatshirts, drink holders/coolers,

seats/cushions, bags, tools/supplies, and baby and toddler

items.

-

Continental Tire the Americas, LLC acquired Hoosier Racing Tire

Corp. from Newton family on October 3, 2016. Post-acquisition, Hoosier’s

management team will continue to run the racing tire business.

10/3/2016 EIS, Inc. Atlanta, GA Trading

Companies and Distributors

Communications Products & Services

Communications Products & Services

operates as a distributor of outside

plant product solutions for aerial and underground

network construction projects.

-

EIS, Inc. acquired Communications Products &

Services from Lynwood Capital Partners, Inc. and others on

October 3, 2016.

10/3/2016 Aptean, Inc. Alpharetta,

GA Application

Software GQ Life Sciences,

Inc.

GQ Life Sciences, Inc. operates a life science

information and search company.

-

Aptean, Inc. acquired GQ Life Sciences, Inc. from Milestone

Venture Partners II, L.P. fund of Milestone Venture Partners and

others on October 3, 2016.

10/3/2016 American Synthol, Inc. Marietta, GA Oil and Gas

Refining and Marketing

Travis Oil LLC

Travis Oil LLC manufactures

synthetic oils for application as

lubricants, anti-rust films, and as release

agents in food processing machinery.

- American Synthol, Inc. acquired

Travis Oil LLC on October 3, 2016.

10/3/2016

Laboratory Corporation of

America Holdings (NYSE:LH)

Burlington, NC Healthcare ClearPath

Diagnostics

ClearPath Diagnostics, a

pathologist-owned and operated tissue

pathology and cytology practice, provides cytology,

pathology, and ancillary testing

services in the United States.

-

Laboratory Corp. of America Holdings (NYSE:LH) acquired

ClearPath Diagnostics from Shore Capital Partners, LLC and other

shareholders on October 3, 2016.

10/3/2016 American Tattoo

Society Fayetteville,

NC

Specialized Consumer Services

Cross Creek Tattoo

Cross Creek Tattoo provides body

tattooing services. The company is based in Fayetteville, North

Carolina. As of October 3, 2016,

Cross Creek Tattoo operates as a subsidiary of

American Tattoo Society.

-

American Tattoo Society acquired Cross Creek Tattoo on

October 3, 2016. Cross Creek Tattoo's three artists - James Babb, Kenny Ng and Joshua Hickman - will join artists at

American Tattoo Society.

10/3/2016

Five Points Capital; PNC RiverArch

Capital; HarbourVest Partners L.P.

Winston-Salem, NC

Asset Management

Five Star Food Service, Inc.

Five Star Food Service, Inc. provides

vending, micro-markets, office

coffee, and dining services in Tennessee,

Georgia, and Alabama.

-

PNC RiverArch Capital, HarbourVest Partners L.P., Five Points Capital and management

of Five Star Food Service acquired Five Star Food Service,

Inc. on October 3, 2016.

10/3/2016 Domtar Corporation

(NYSE:UFS) Fort Mill, SC Paper Products HDIS Inc.

HDIS Inc. distributes incontinent supplies for men and women who experience loss of bladder control. It

offers protective underwear; bladder control protection

pads and liners that are designed for

lighter protection against urine leakage;

underpads and bed pads; reusable

products, which include washable bed pads, washable pants,

and briefs; bariatric products; and male guards and specialty

products for men.

$55.00

Domtar Corporation (NYSE:UFS) agreed to acquire HDIS Inc. from Dawn Grench for $55 million on August 18, 2016. As reported,

the consideration includes cash payment of $45 million with a

possible earn-out payment of up to $10 million. HDIS Inc. reported turnover of $65 million in 2015. The closing of the transaction is

subject to customary closing conditions and is expected by

year-end.

10/3/2016 Quintiles IMS Holdings, Inc.

(NYSE:Q) Durham, NC

Life Sciences Tools and Services

IMS Health Holdings, Inc.

IMS Health Holdings, Inc. provides

information and technology services

to healthcare industry worldwide.

$13,549.36

Quintiles Transnational Holdings Inc. (NYSE:Q) signed an

agreement to acquire IMS Health Holdings, Inc. (NYSE:IMS) from

Canada Pension Plan Investment Board, Leonard Green &

Partners, L.P., TPG Global, LLC and others in merger of equals transaction for $8.8 billion in

stock on May 3, 2016.

10/3/2016 Duke Energy Corporation (NYSE:DUK)

Charlotte, NC Electric Utilities Piedmont Natural Gas Co. Inc. (NYSE:

PNY)

Piedmont Natural Gas Company, Inc., an

energy services company, distributes

natural gas.

$6,589.35

Duke Energy Corporation (NYSE:DUK) signed a non-binding term sheet to acquire Piedmont Natural Gas Co. Inc. (NYSE:PNY)

for $4.4 billion in cash on September 9, 2015. Duke Energy

will acquire all outstanding shares of Piedmont Natural at an

offer per share of $53 to $56. Duke Energy Corporation signed a definitive agreement to acquire Piedmont Natural Gas Co. Inc. for

$4.8 billion in cash on October 24, 2015.

10/1/2016 TPM Inc. Greenville, SC Technology Distributors

Carolina CAD Solutions, Inc.

Carolina CAD Solutions, Inc. offers design software and

digital content services including computer aided design software.

- TPM Inc. acquired Carolina CAD

Solutions, Inc. on October 1, 2016.

10/1/2016 Synovus Financial Corp. (NYSE:SNV)

Columbus, GA Regional Banks Entaire Global

Companies, Inc.

Entaire Global Companies, Inc.,

through its subsidiaries,

originates, structures, and services

insurance-backed loans.

$30.00

Synovus Financial Corporation (NYSE:SNV) entered into a

definitive agreement to acquire Entaire Global Companies for $30

million on August 18, 2016.

Source: S&P Capital IQ