Latham Makes the Chris Heasley Move Official
After more than 11 years at Kirkland, Christopher Heasley has formally taken his diverse energy practice to Houston. The move was first reported by Bloomberg Law in late November.
Antero Resources and Antero Midstream Buy/Sell in Four Appalachian Basin Deals Totaling $5.1B
Antero Resources and its midstream provider Antero Midstream announced Monday (Dec. 8) their separate but coordinated acquisitions of Marcellus Basin assets from HG Energy II and HG Energy totaling $3.9 billion.
In two more similarly separated and coordinated announcements, Northern Oil and Gas and Infinity Natural Resources said they are acquiring a total of $1.2 billion of Utica Shale with Antero Resources and Antero Midstream on the sell side.
Gibson Dunn, Kirkland, Latham and V&E advised on the various transactions.
Lone Star Sells SPX Flow to ITT for $4.8B
Gibson Dunn advised Dallas-based Lone Star on the mostly-cash deal. Paul Hastings counseled Connecticut-headquartered ITT. Lone Star acquired SPX Flow in a 2022 take-private transaction.
Adding Texas Divestitures, DOJ Approves $16.4B Constellation/Calpine Merger
A $16.4 billion merger that would create the nation's largest provider of wholesale electricity cleared its final hurdle Friday with an announcement by the U.S. Department of Justice that Constellation Energy and Houston-based Calpine Energy had agreed to resolve antitrust concerns with the divestment of six power plants based in the Northeast and Texas.
Vertiv Closes $1B+ Deal for Houston-based PurgeRite
The deal includes a potential $250 million post-closing earnout for PurgeRite, which provides cooling and filtration services vital to data centers, as well as medical and research facilities and precision manufacturing plants.
VC Advisor Carmelo Gordian Departs A&O Shearman for Holland & Knight
Veteran venture capital lawyer Carmelo Gordian, a longtime Austin-based specialist in emerging companies, has signed on as a partner with Holland & Knight, leaving A&O Shearman after a nearly eight-year run.
Harvard to Houston: V&E’s Dealmaker Powerhouse
Lande Spottswood is one of the country’s top dealmakers, hired by public companies and private capital alike for her expertise with complex transactions.
Her path to the transactional world wasn’t linear. A onetime biochemical sciences major planning for an MD/PhD, Spottswood realized lab life was not for her and pivoted to Harvard Law School, where a course on Delaware takeover doctrine (and the drama of corporate raiders and contested deals) hooked her on M&A.
The Texas Lawbook caught up with the Vinson & Elkins partner to talk about these topics, Texas transaction trends, including the ongoing consolidation in energy and more, as well as how important it is to enjoy a Friday afternoon margarita on the porch. At least when the Houston weather will actually allow you to do so.
Targa Buys Stakeholder Midstream for $1.25B
Targa Resources said Monday that it agreed to acquire Stakeholder Midstream for $1.25 billion in cash, expanding the Houston midstream services provider’s footprint in the Permian Basin. Latham & Watkins represented Targa with a national team led by Houston partners Ryan Maierson and James Garrett. Willkie and Clifford Chance advised Stakeholder.
Willkie's Texas-based team was led by Houston partner Sarah McLean. Gerald Shrader has been Targa's general counsel since December 2023.
