Two segments of the mergers and acquisitions game that don’t get a lot of press are the middle market and venture capital. In her weekly roundup of transactions by Texas lawyers, The Lawbook’s Claire Poole shares evidence that both categories are alive and well.
Mergermarket: Goldman Sachs, JP Morgan Lead Financial Advisors in Texas M&A
The Texas Lawbook has exclusive top 30 rankings of financial advisors in mergers and acquisitions involving Texas-based companies. Mergermarket data shows that 15 investment banks worked on 10 deals or more.
Mergermarket Data : Texas M&A Transactions Continue To Churn
Mergers and acquisitions involving Texas companies continue to be upbeat, with third-quarter deal value up almost 70 percent over the second to $131.9 billion, according to Mergermarket data provided exclusively to The Texas Lawbook.
V&E, Bracewell, Baker Botts Assist on Anadarko’s Western Gas Transactions
Anadarko Petroleum Corp. announced Thursday that it agreed to sell almost all of its remaining midstream assets to affiliate Western Gas Partners for $4.015 billion, and three Texas law firms were involved. Claire Poole has the names and details.
V&E, Latham Aid on Vantage’s $1.65B purchase of QEP’s Williston Properties
Vinson & Elkins and Latham & Watkins advised on Vantage Energy Acquisition Corp.’s $1.65 billion purchase of oil and gas properties in North Dakota’s and Montana’s Williston Basin from a unit of QEP Resources Inc. Claire Poole has the details.
McGuireWoods Independent Sponsor Conference: Several Factors Drive Explosive Growth
As the independent sponsor model continues to expand in popularity, private equity leaders and investment professionals need to find ways to differentiate themselves. More than 600 independent sponsors and capital providers came together last month to share insights on industry trends and best practices for structuring and executing transactions.
CDT Roundup: 16 Deals, 13 Law Firms, 183 Texas Lawyers, $17.3B
Observers have long said that the oil and gas industry needs to consolidate, given the number of players and investors’ push for companies to generate free-cash flow and higher dividends and stock buybacks. This week they got their wish with three different $1 billion-plus deals. Claire Poole has the details of those deals, and more.
Kirkland Advises Newfield on $7.7B Purchase by Canada’s Encana
Encana’s $7.7 billion purchase of Newfield Exploration is the third billion-dollar-plus merger between publicly traded oil and gas producers announced this week. Kirkland advised The Woodlands-based Newfield. Claire Poole talked with Kirkland partner Sean Wheeler about the deal.
Mergermarket: V&E, White & Case, Latham Handle Biggest Value M&A Deals in TX
At the third quarter of 2018, Houston-based Vinson & Elkins ranks No. 1 in the combined value of their M&A transactions for Texas businesses. But exclusive data provided to The Texas Lawbook by Mergermarket shows the next 10 are headquartered outside Texas. In fact, four of the top 10 don’t even have an office in the state. More inside.
Kirkland, V&E Top M&A Legal Advisor Rankings in TX
New Mergermarket data provided exclusively to The Texas Lawbook shows that Kirkland & Ellis widened its lead in advising Texas companies involved in M&A activity during the first three quarters of 2018. V&E and Jones Day rank second and third. The Lawbook has the top 30 law firms by deal count.
