SPACs are finding their targets faster, according to a new PitchBook analysis. But that could slow again. The CDT Roundup explains all that along with its usual review of last week’s transactions.
2021 Texas Legislature Moves Forward on Changing Business Entity Laws
In this article, Hunton AK partner Daryl Robertson reviews three bills drafted by the Committees of the State Bar of Texas Business Law Section that have been passed by the Texas Legislature.
DBJ: Caris Raises Over $800M, Putting Valuation at $7.8B
Shearman & Sterling advised the Irving-based company that has now raised roughly $1.3 billion in outside financing since 2018, the Dallas Business Journal reports.
Mergermarket Names Top 50 M&A Dealmaking Firms for Texas Clients in Q1
Only five of the Mergermarket top 50 law firms representing Texas businesses in M&A during Q1 2021 are headquartered in Texas. Two dozen firms increased their count, a dozen saw declines in their M&A activity. And what the hell is up with Ropes & Gray?
Summit Utilities Acquires Arkansas, Oklahoma Assets from CenterPoint Energy
CenterPoint Energy plans to shed LDC assets and $425 million in unrecovered storm-related natural gas costs with its latest transaction.
CDT Roundup: 8 Deals, 9 Firms, 31 Lawyers, $20.2B
Private equity exits have been morphing in recent years, according to PitchBook. As sponsor-to-sponsor exits lagged, slack was gobbled up by corporate acquisitions and public listings; or rather, public listings by way of corporate acquisitions by SPACs. Texas, however, might just be bucking the national trend to some extent. The CDT Roundup explains, along with its usual review of last week’s transactions.
Top 50 Q1 M&A Deals with Texas HQ (2021)
These are the top non-confidential M&A deals for the first quarter of 2021 as provided by Mergermarket.
