M&A Update – May 11

– ABST to be acquired by Crosspoint Capital Partners for $11.50 cash per share, 34.0% premium, $870 million
– HMPT to be acquired by COOP for $2.33 cash per share, 22.0% premium, $324 million
– SUMO shareholders approved Francisco Partners buyout, closing May 12
– DSEY / Solenis (Platinum Equity) cleared Competition Canada
– AQUA / XYL cleared Competition Canada
– TA shareholders approved BP merger, closing May 15
– AQUA / XYL votes