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For the week ended March 7, the CDT Roundup saw 13 deals with a total reported value of about $48.1 billion. Thanks to a $33.4 billion take-private deal for yet another power provider, that's better than the 11-deal $7.3 billion clocked the week prior. And it's far better than the seven-deal $2.2 billion week reported this time last year. That and more in this edition of CDT Roundup.
Paul Weiss is adding an energy infrastructure partner to its new Houston office as Jennifer Gasser joins the Wall Street firm’s M&A Group within the Corporate Department.
Gasser comes to the growing Paul Weiss Houston office from Kirkland & Ellis. She advises private equity sponsors and public companies in the energy and infrastructure industries on mergers and acquisitions, divestitures and joint ventures.
Chicago tech investment firm Thoma Bravo said Tuesday that it agreed to acquire WWEX Group, a parcel and freight services logistics provider headquartered in Dallas. Financial terms weren’t disclosed. Bloomberg reports that the deal values WWEX at $5 billion.
Kirkland & Ellis and Latham & Watkins advised on the deal.
AES Corp. has agreed to be acquired by a consortium that includes a BlackRock unit, Swedish investor EQT Group, CalPERS and the Qatar Investment Authority for $15 a share cash. The companies said the offer represents a 40 percent premium to AES Corp.'s 30-day average stock price prior to July 8 when the deal was first announced.
Kirkland, Skadden, Davis Polk and Simpson Thacher advised on the deal.
For the week ended Feb. 28, the CDT Roundup saw 11 deals reported with a total value of about $7.3 billion. The deal count sits at par with the prior week's 11 and the year-ago 11, while last week's valuations up slightly from $7.1 billion the week before and more than double last year's $3 billion.
The M&A shortlist included two billion-dollar-plus transactions. Others were energy-adjacent, involving the sale of deepwater vessels and power generation assets.
That and more in this edition of CDT Roundup.
CECO Environmental Corp. and Thermon Group Holdings announced an agreement to merge in a stock and cash transaction valued at about $2.2 billion.
Gibson Dunn and Sidley advised on the deal.
Dallas-based Enhabit Inc. announced Monday that it agreed to be acquired by Kinderhook Industries, a middle market private equity firm, in a cash deal with a disclosed enterprise value of about $1.1 billion.
Jones Day and Kirkland & Ellis advised on the deal.
For the week ended Feb. 21, the CDT Roundup saw 10 deals reported with a total value of about $7.1 billion. That's down from both the prior week's 14 for $20.5 billion and the 17 deals this time last year for $12.1 billion. That and more in this edition of CDT Roundup.
Veteran tech dealmaker Devika Kornbacher Kornbacher comes from Clifford Chance, where she helped launch the Houston office in 2023 as managing partner and served as co-chair of the firm’s Global Tech Group. Prior to that, she was a partner at Vinson & Elkins in Houston for nearly 16 years.
For the week ended Feb. 14, the CDT Roundup saw 14 deals reported with a total value of $20.5 billion.
Aside from the prior week, last week's value of $20.5 billion is the highest recorded by the CDT since Nov. 8, when the Texas deal frenzy hit $76 billion boosted by Irving-based Kimberly-Clark's acquisition of Kenvue for $48.7 billion. That consumer products megadeal was the largest in terms of value in 2025 and the fifth-largest M&A transaction involving a Texas company or led by a Lone Star State lawyer since 2018, aside from a certain super-megadeal in early February.
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