Mergers & acquisitions report: April 2008.

Leveraged buyouts in Los Angeles remained steady in April despite the ongoing credit crunch. Compared to April of last year, the number of mergers and acquisitions rose from 63 to 68, while the total value of deals fell 6 percent to $4.39 billion from $4.68 billion. One notable transaction accounted

for nearly one third of all M&A activity in April. That was the $1.4 billion merger of Chicago-based CCC Information Services with Mitchell International Inc., a San Diego-based company that is partly owned by L.A. private equity firm Aurora Capital Group. Known as CCC-Mitchell Inc., the combined enterprise will be a leading provider of workflow management systems and integrated software to insurance companies and collision repair facilities. In another notable transaction, Perini Corp., a general contractor in Framingham, Mass., signed a definite merger agreement to acquire privately-held civil construction company Tutor-Saliba Corp. in Sylmar. The all-stock deal was valued at $862 million.

BUSINESS SERVICES

Target: Airship Surveillance Inc. (Las Vegas, NV)

Business: Operates unmanned airships

Acquirer: WENR Corp. (Los Angeles)

Deal Value: ND

Target: Aloha Airlines Inc.-Contract Services (Honolulu, HI)

Business: Provides baggage handling, aircraft cleaning, and ticketing services

Acquirer: Pacific Air Cargo (Los Angeles)

Deal Value: $2.05 million

Target: Analytic Consulting Group (Atlanta, GA)

Business: Provides consulting services

Acquirer: MarketShare Partners Inc. (Los Angeles)

Deal Value: ND

Target: California investment Annuity Sales Inc. (Marina Del Rey)

Business: Issues securities for qualified retirement plans

Acquirer: National Investment Managers Inc. (Dublin, Ohio)

Deal Value: $2.38 million

Target: CBE Technologies Inc. (Boston, MA)

Business: Provides information technology and telecom services

Acquirer: Gores Technology Group LLC (Los Angeles)

Deal Value: ND

Target: DTS Digital Images Inc. (Burbank)

Business: Provides digital image restoration services

Acquirer: Reliance Big Entertainment Ltd. (Mumbai, India)

Deal Value: $7.5 million

Target: Hi-Tech Rubber, a portfolio company of Century Park Capital Partners Inc. (Los Angeles)