It was a week could be easily and properly labeled “Infrastructure Week.” Of the 10 M&A transactions reported last week, eight were related to energy or data center/storage infrastructure or both.
CDT Roundup: Energy Sector Leads the Charge
The week ending May 10 was, to say the least, brisk. Depending on how you count, there were 21 transactions valued at $21.5 billion or 24 valued at just over $30 billion. Either way, that’s pretty fair traffic compared to last week’s 11 deals for $4.2 billion. But it seems in keeping with last year’s 22 deals for $14 billion at about this time. Maybe deals just wanted to close themselves for Mothers’ Day.
M&A Newsmaker: Katherine Terrell Frank Never Became Perry Mason, But It Still Worked Out
Katherine Terrell Frank has fond memories of growing up watching Perry Mason with her grandfather. “I imagined the life of a lawyer as theatrical and dramatic, with cases neatly resolved within an hour,” Frank said. But it was while she was with V&E that she discovered something different while working in their capital markets and M&A practice. “It turns out I really enjoy transactional work,” Frank said.
Sheppard Mullin Adds Tax/Executive Comp Partner in Houston from Kirkland
Jared Whalen’s career also includes nearly six years in-house at Waste Management.
Real Estate Veteran Nick Buehner Returns to V&E as a Partner
Nick Buehner has returned to Vinson & Elkins as a partner in its Dallas real estate practice after serving in two notable in-house roles for the past nine years, the firm announced Monday in a news release.
Munck Wilson Adds Depth to Corporate Practice
Scott Beckmen, who joins Munck Wilson from Spencer Fane, has nearly two decades of experience across the finance, gaming, technology, and energy industries. He also recently served as chief legal officer of SimWin Sports.
GT Bolsters Franchise & Distribution Practice with Cross-Border Adviser Mo Alturk
Mo Alturk worked for the last 14 years at Baker McKenzie, where gained significant experience working with multinational corporations and franchise systems.
Sunoco to Purchase Parkland Corp. for $9.1B
In the cash-and-stock deal, Dallas-based Sunoco has agreed to to maintain a headquarters in Canada, along with Canadian employment, with Stikeman Elliott, Vinson & Elkins and Weil advising Sunoco on the transaction. But the deal is likely to be challenged in court by Parkland’s largest stockholder.