Allen Pusey & Nick Peck

CDT Roundup: 11 Deals, 9 Firms, 75 Lawyers, $3.1B

Last November and December, Houston-based Coterra Energy spent nearly $4 billion in a series of major investments in the Permian Basin. Last week, the company announced that it may be reopening its activity in the Marcellus, which it all but abandoned in August. Also last week gas prices dropped precipitously. Tom Jorden, the company's CEO explained to analysts why Coterra is banking on increased demand and the flexibility to make — or not make — capital commitments. The CDT Roundup looks at his remarks, along with last week's transactions.

March 3, 2025 Allen Pusey & Nick Peck

CDT Roundup: 12 Deals, 7 Firms, 149 Lawyers, $16.5B

In the doubtful case that dealmakers were getting too giddy for their own good, the folks at the London Stock Exchange (LSEG) have published their latest global scorecard on YTD deals in M&A and the capital markets. They should come with a warning: "Keep antacids close." They are presented without comment or explanation, so the CDT Roundup is serving them pretty much raw — but with a generous side-order of last weeks deals and the names of the lawyers who handled them.

February 24, 2025 Allen Pusey & Nick Peck

CDT Roundup: 14 Deals, 9 Firms, 179 Lawyers, $7.2B

On Feb. 5, Houston-based Mattress Firm was finally sold to Tempur Sealy, the largest mattress manufacturer on the globe. It only took 639 days. Blocked by the Federal Trade Commission, the deal had been unblocked on Jan. 31 by a Houston federal judge. Shaking off some provocative language found in Tempur Sealy company emails, Judge Charles Eskridge decided that the FTC not only misunderstood the mattress market, but effectively ignored the very class of consumers he expected them to protect. The CDT Roundup looks at the end of the long-running transaction, as well as the Texas-related transactions reported last week.

February 10, 2025 Allen Pusey & Nick Peck

CDT Roundup: 19 Deals, 15 Firms, 316 Lawyers, $7.4B

Along with the explosion of investment in AI comes a parallel eruption of potential threats. As a result, consultants at McKinsey suggest that the current, addressable market for cybersecurity is $2 trillion — about 10 times what is actually being spent. This week's CDT Roundup looks at a noticeable uptick in cybersecurity deals as well as the usual roll call of the Texas lawyers involved in last week's reported deals.

January 20, 2025 Allen Pusey & Nick Peck

CDT Roundup: 21 Deals, 16 Firms, 187 Lawyers, $33.6 billion

There have been a number of utility/power deals in recent weeks, but none that seemed more significant than Constellation Energy's $26.6 billion acquisition of Houston's Calpine Energy. The deal is significant, not only for its size, but for what it says about our understanding of energy transition. Coupled, of course, with the usual CDT Roundup survey of last week's Texas-related energy transactions.

January 13, 2025 Allen Pusey & Nick Peck

CDT Roundup: 9 Deals, 12 Firms, 80 Lawyers, $6.8B

With a new year upon us, it's a time for reflection and evaluation. You know what we mean: numbers. Here at the CDT Roundup, in case you haven't noticed, we believe in numbers. We worship numbers. Even our headlines are numbers — with just enough words to let you know what we are counting: "Deals, Firms, Lawyers, Money." But we also keep track of the numbers we write about.

January 6, 2025 Allen Pusey & Nick Peck