The Texas Lawbook

Free Speech, Due Process and Trial by Jury

Corporate Deal Tracker
Click here to sign up for The Texas Lawbook’s exclusive weekly CDT newsletter.
CDT SNAPSHOT
37.8%
In 2025, deal count for billion-dollar-plus deals increased by 37.8 percent versus 2024, and the aggregate valuations as a result soared between 2024 and 2025 by 41.7 percent.
CDT DATABASE YEAR-TO-DATE TRANSACTION TOTALS
FEB. 1, 2026
DEAL COUNT
44
DEAL VALUE
$22.4B
FEB. 1, 2025
DEAL COUNT
169
DEAL VALUE
$150.7B

How Texas M&A Lawyers Are Preparing for 2025

Now that the new year is here, many Texas M&A lawyers are preparing for potential developments in the upcoming year and identifying their focus areas. Many law firms are optimistic about the deal space in 2025, anticipating increased activity; however, they also plan to closely monitor how the new presidential administration may affect deals and their clients.

Nick Peck

CDT Roundup: 11 Deals, 9 Firms, 92 Lawyers, $2.8B

Just in time for Christmas, DOE has published its months-awaited study on the economic and environmental effects of LNG exports. The report was promised in January as a rationale for the Biden Administration's decision to pause permitting of new LNG export processing facilities. The CDT Roundup takes a brief look at the exhaustive study and wonders if DOE has missed the irony in its concern about the effect of LNG exports on future natural gas prices That, and the usual review of last week's major Texas-related transactions.

Nick Peck & Allen Pusey

CDT Roundup: 15 Deals, 12 Firms, 186 Lawyers, $5.3B

The biggest deal reported last week was the $2.4 billion sale of "non-core" assets along the Texas-Louisiana Gulf Coast by Dow, the chemical giant. The sale involved a 40 percent stake in Dow InfraCo sold to alternative asset manage Macquarie. The deal is only the latest in a series of "non-core" sell-offs, a phrase that is becoming as common as "consolidation" in the current market. The CDT takes a look at the "non-core" transaction trend and an observer of the Dow deal who less than impressed. And, of course, the usual report on last week's deals and dealmakers.

Allen Pusey

Premium Content

Access to detailed transaction data is exclusive to Premium subscribers.

Log In or Subscribe

CDT Roundup: 16 Deals, 10 Firms, 231 Lawyers, $4.8B

In the year that will soon be past, the sheer volume of energy-related, or energy-adjacent transactions are worth noting. Whether in O&G per se, data center energy demands or the more mundane multitude of PE acquisitions in HVAC manufacturing and service companies, the sides seem okay with the value. So, we weren’t that surprised by the November findings of the semi-annual Haynes Boone Borrowing Base Redeterminations Survey. The CDT Roundup takes a look at the details, along with the usual run-down of the week's M&A deals and the lawyers behind them.

Allen Pusey

CDT Roundup: 10 Deals, 9 Firms, 103 Lawyers, $10.3B

As we approach the end of 2024, it's crucial to ensure that your submissions to the Corporate Deal Tracker are fully credited. The Texas Lawbook’s M&A team is committed to identifying all relevant submissions for deals involving Texas-based lawyers, and we want to make sure that no qualified deal from your firm goes unaccounted for. That and more, including last week's deals, in this edition of the CDT Roundup.

Allen Pusey

Arizona Case Heightens ESOP Oversight Responsibilities of Company Directors

A recent decision in Arizona federal court shows that the directors of ESOP companies need to recognize that their interests and fiduciary duties are not always aligned with those of the ESOP investment banker (who is providing them guidance), the ESOP trustee and the ESOP advisors. This article highlights the key takeaways from a closely-watched case by the industry, Su v. Bensen.

John Kober

Premium Content

Access to detailed transaction data is exclusive to Premium subscribers.

Log In or Subscribe

Data/Rankings Stories

Dealmaker Moves

GC Profiles

Expert Voices

Jeff’s Top Picks

© Copyright 2026 The Texas Lawbook
The content on this website is protected under federal Copyright laws. Any use without the consent of The Texas Lawbook is prohibited.