Mergers and acquisitions involving Minnesota companies

April 13, 2018 at 7:43PM

TargetAcquirer

DateLocationLocationDescription

4/2New MountainCIP Capital Corp. CIP Capital has completed an investment in New

Learning LLCNew YorkMountain Learning, a provider of digital and blending

St. Paul learning products to K-12, higher-education and

career-learning markets.

4/3Bunchball Inc.Schoeneckers Inc.BI Worldwide, a unit of Schoeneckers Inc., has acquired

San Mateo, Calif.EdinaBunchball, a provider of gamification products.

4/4PortfolioANI Pharmaceuticals Inc.ANI Pharmaceuticals has acquired Abbreviated New

Boronia, AustraliaBaudette, Minn.Drug Applications (ANDAs) for 23 previously marketed

generic drug products from IDT Australia Ltd. for $2.6

million and a limited single-digit royalty for one product.

ANI Pharmaceuticals also acquired an active

pharmaceutical ingredient for one of the acquired

products for $135,000.

4/5Insignia Systems Inc.Insignia Systems Inc.Insignia Systems said its board of directors has approved

Brooklyn ParkBrooklyn Parka share repurchase program authorizing the repurchase

of up to $3 million of the company's common stock.

4/5Rebiotix Inc.Ferring Pharmaceuticals Ferring Pharmaceuticals has acquired Rebiotix, a clinical

RosevilleGroupstage biotechnology company.

Saint-Prex, Switzerland

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