On the Record · Tops Holding II
Tops Holding II acquisitions, on the record
The businesses Tops Holding II bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Erie LogisticsWord for word“On December 22, 2013, Tops Markets acquired all of the membership interests of Erie Logistics and certain other assets from C&S.” 10-K for 2014 | acquisition | December 22, 2013 | — |
Holding II (Management Purchase)Word for word“In addition to the cash consideration of $20.9 million paid to the Sellers, the Company incurred $15.8 million of transaction costs during late 2013 in connection with the Management Purchase.” 10-K for 2014 | acquisition | — | $20.9 million |
GU Markets, LLC (21 supermarkets)Word for word“During early October 2012, we completed the GU Acquisition and acquired 21 retail supermarkets in Upstate New York and Vermont.” 10-K for 2014 | acquisition | October 2012 | — |
four independent supermarketsWord for word“cash consideration of $6.0 million paid in connection with the acquisition of four independent supermarkets during May 2013.” 10-K for 2014 | acquisition | May 2013 | $6.0 million |
pharmacy scripts and inventory related to 27 in-store pharmaciesWord for word“During January 2015, the Company sold pharmacy scripts and inventory related to 27 of its in-store pharmacies for cash proceeds of $14.9 million.” 10-K for 2014 | divestiture | During January 2015 | $14.9 million |
Erie Logistics, LLC and certain other assets from C&S Wholesale Grocers, Inc.Word for word“On December 22, 2013, Tops Markets acquired all of the membership interests of Erie Logistics and certain other assets from C&S.” 10-K for 2016 | acquisition | December 22, 2013 | — |
21 supermarkets acquired from GU MarketsWord for word“On September 24, 2012, the Company entered into a separate agreement with C&S to provide warehousing, transportation, procurement and purchasing services in support of the 21 supermarkets acquired from GU Markets in October 2012.” 10-K for 2016 | acquisition | October 2012 | — |
Holding II (Management Purchase by members of management through Tops MBO Co)Word for word“In addition to the cash consideration of $20.9 million paid to the Sellers, the Company incurred $15.8 million of transaction costs during late Fiscal 2013 in connection with the Management Purchase.” 10-K for 2016 | acquisition | — | $20.9 million |
pharmacy scriptsWord for word“The sale of pharmacy scripts in January 2015 resulted in an $11.0 million gain, partially offset by $1.0 million of non-recurring severance costs associated with the pharmacy closures.” 10-K for 2016 | divestiture | January 2015 | — |
nine supermarket locations (sale-leaseback financing transactions)Word for word“Cash used in financing activities increased $12.6 million during Fiscal 2015 compared with Fiscal 2014 reflecting $25.4 million of cash proceeds from the sale of nine supermarket locations as part of sale-leaseback financing transactions and a $12.6 million dividend paid to Tops MBO Co, each of which occurred during Fiscal 2014.” 10-K for 2016 | divestiture | Fiscal 2014 | $25.4 million |
four supermarkets from The Stop & Shop Supermarket Company LLC and two supermarkets from Hannaford Bros. Co., LLC and Martin’s Foods of South Burlington, LLCWord for word“In August 2016, the Company acquired four supermarkets from The Stop & Shop Supermarket Company LLC, which operated these stores under the Stop & Shop banner, and two supermarkets from Hannaford Bros. Co., LLC and Martin’s Foods of South Burlington, LLC, which operated these stores under the Hannaford banner, in Eastern New York and North Central Massachusetts.” 10-K for 2016 | acquisition | In August 2016 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $17.4 million | $6.8 million |
Deal filings since 2016
- 2017-08-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Tops Holding II’s annual reports (10-K for 2016, 10-K for 2016, 10-K for 2014) and the financial data it files with the SEC, as of 2017-03-30. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.