Based in Charlotte, N.C., Cogentrix operates natural gas power plants throughout the Eastern Seaboard, New England and Texas. The acquisition, says Quantum’s CEO, is driven by the power needs for data centers and AI.
Arcosa Expands into NY-NJ with $1.2B Acquisition
Kirkland advised Arcosa on their purchase of the aggregates and building materials businesses of Stavola Holding Corp. The transaction, largest in the company’s history, was paired with the divestiture of a steel components business.
Casey’s to Acquire CEFCO Convenience Stores in $1.45B Deal
The all-cash transaction adds 148 stores in Texas and another 50 across Mississippi, Florida and Alabama. Paul Weiss, Cleary Gottlieb and Fort Worth’s Bourland, Wall & Wenzel advised.
Simpson Thacher’s Houston Office Advised on KKR/T-Mobile Metronet Deal
Corporate partners Breen Haire and Shamus Crosby advised on the creation of a joint venture with T-Mobile to secure Metronet, along with its two million broadband customers across 17 states.
The First Half of 2024: The Role of Billion-Dollar Deals
Nothing says Texas M&A better than a billion-dollar deal. And in the first half of 2024, there were plenty of them.
Clearwater Paper Sells Tissue Business to Sofidel America
Pillsbury Winthrop Shaw Pittman advised Spokane-based Clearwater on the deal, which included lawyers from Austin. Sofidel, a major provider of tissue products in Europe and eight states in the U.S., says it plans to continue its expansion in North American markets.
Enagás Exits Tallgrass in $1.1B Deal with Blackstone
The deal follows Blackstone’s purchase last month of Phillips 66’s interest in REX, and further consolidates Blackstone control of more than 7,000 miles of midwest oil and gas pipeline.
Devon Energy Acquires EnCap Bakken Assets for $5B
Kirkland & Ellis and Vinson & Elkins advised on the upstream/midstream deal which includes more than 300,000 acres and a 950-mile gathering system. It marks the third major upstream transaction by Houston-based EnCap Investments in the past month.
V&E Grabs Laterals from Kirkland, Simpson
The firm announced that East Berhane is becoming a new finance partner in Dallas and Benjamin Heriaud a capital markets partner in New York.
Peter Berg Moves to White & Case
Berg, a former partner at King & Spalding in Houston, advises owners and developers in the construction of large-scale energy construction projects, whether on-shore, off-shore or renewable.