CDT Roundup: 19 Deals, 21 Firms, 271 Lawyers, $16.4B

The rise of the U.S. global LNG export sector is a remarkable one: from essentially zero in 2015 to a position of global leadership in less than a decade. The Texas-Louisiana-Mississippi Gulf Coast has transformed into an epicenter for super-chilled natural gas bound for Europe and Asia. The CDT Roundup this week takes a closer look at a couple of news items that suggest the short-term future could be a bit bumpier than expected. And, as always, there were deals reported last week. We have the firms and the lawyers behind them.

July 30, 2024 Claire Poole & Allen Pusey

Vital, NOG buy assets owned by Vortus-backed Point for $1.1B

Gibson Dunn advised Vital on the deal while Akin assisted Point and Vortus. Kirkland counseled NOG, its second joint acquisition with Vital in the Delaware Basin.

July 29, 2024 Claire Poole

Casey’s to Acquire CEFCO Convenience Stores in $1.45B Deal

The all-cash transaction adds 148 stores in Texas and another 50 across Mississippi, Florida and Alabama. Paul Weiss, Cleary Gottlieb and Fort Worth's Bourland, Wall & Wenzel advised.

July 27, 2024 Allen Pusey

Simpson Thacher’s Houston Office Advised on KKR/T-Mobile Metronet Deal

Corporate partners Breen Haire and Shamus Crosby advised on the creation of a joint venture with T-Mobile to secure Metronet, along with its two million broadband customers across 17 states.

July 26, 2024 Allen Pusey

Helmerich & Payne Buys KCA Deutag for $1.97B

A mostly Houston team from Kirkland & Ellis advised Tulsa-based buyer and A&O Shearman assisted the Scottish target, which would establish H&P as a global leader in onshore drilling.

July 25, 2024 Claire Poole & Allen Pusey

The First Half of 2024: The Role of Billion-Dollar Deals

Nothing says Texas M&A better than a billion-dollar deal. And in the first half of 2024, there were plenty of them.

July 24, 2024 Allen Pusey

Recidivist Acquiror IDEX Buys Mott for $1B

Sidley, led out of Dallas, advised the publicly traded IDEX. Cooley assisted the employee-owned Mott, which fits the buyer's "sweet spot" of highly engineered, configurable mission-critical components.

July 23, 2024 Claire Poole

CDT Roundup: 15 Deals, 14 Firms, 184 Lawyers, $16B

The CDT Roundup occasionally spotlights a lawyer whose pops up in connection with one of our larger deals. Mitch Tiras has popped up lots of times over the years, this last week in connection with the $1.54 billion Quanta Services acquisition of Cupertino Electric. We take a quick look at his recent work, along with the usual list of deals reported last week and the lawyers behind them.

July 23, 2024 Claire Poole

Woodside Purchases Tellurian for $1.2B

A mostly Texas team from Akin Gump advised Tellurian while Norton Rose Fulbright advised Woodside, which the Australian company claims positions it to be a global LNG powerhouse.

July 22, 2024 Claire Poole

Clearwater Paper Sells Tissue Business to Sofidel America

Pillsbury Winthrop Shaw Pittman advised Spokane-based Clearwater on the deal, which included lawyers from Austin. Sofidel, a major provider of tissue products in Europe and eight states in the U.S., says it plans to continue its expansion in North American markets.

July 22, 2024 Allen Pusey

Darden Buys Chuy’s in $605M Deal

Out-of-state lawyers led the Hunton Andrews Kurth team that counseled the buyer and a Dallas group from Winston assisted the seller on the transaction, which comes with a 30-day "go-shop" period.

July 18, 2024 Claire Poole

CDT Roundup: 20 Deals, 14 Firms, 268 Lawyers, $17.2B

We've passed the halfway point of 2024, so it seems like a good time to make a periodic check of our own metrics. This week we look at the table that hides in plain sight inside our column and actually use it to measure what we've done; specifically, a statistical survey of the deal summaries we've published so far this year. As usual, the numbers are surprising, even to us; especially the number of names of lawyers that have showed up in the column. And, of course, we include even more names from the deals we received last week.

July 16, 2024 Claire Poole & Allen Pusey