CDT Roundup: 13 Deals, 9 Firms, 81 Lawyers, $14.8B

So much attention has been given to energy and energy transition that it would be easy to overlook other business sectors that make up the Texas M&A market. Take the healthcare sector, for instance. Healthcare has become a new favorite among PE investors, according to PitchBook. This week's Roundup looks at a few of the reasons for that, as well as healthcare stats for Texas. All that, and the usual roster of lawyers involved in last week's Texas-related transactions.

November 15, 2022 Claire Poole

Eversheds Sutherland Energy M&A Attorneys Headed to Holland & Knight

Three Houston attorneys who advised on a $1.8 billion forestry ESG deal last week are on the move to Holland & Knight.

November 9, 2022 Claire Poole

Winston Counsels Chart Industries on $4.4B Acquisition of Howden

The two major producers of industrial equipment say the merger will allow both the scale and profitability to support their strategic orientation toward decarbonization and other clean alternative energy processes. Claire Poole reports.

November 9, 2022 Claire Poole

CDT Roundup: 25 Deals, 16 Firms, 509 Lawyers, $19B

Is the M&A market becoming a competition between "haves" and "have nots?" Maybe so, according to a recently released survey of nationwide dealmakers conducted by Dykema. Nearly two-thirds of respondents expect the U.S. M&A market to improve in the coming year. But for whom? Where companies with record amounts of cash on hand see opportunity, those who operate as borrowers see obstacles. The Roundup has more on the Dykema report, along with more than 500 names of mostly-Texas lawyers who worked on 25 deals reported last week to the Corporate Deal Tracker. It was, in that way, a record-breaking week.

November 8, 2022 Claire Poole

Sidley, White & Case Counsel on Ensign Natural Resources’ $3B Sale to Marathon Oil

With the acquisition Marathon will double its presence in the Eagle Ford Shale to become one of the top producers in the basin. The company anticipates a post-close dividend raise of 11 percent. Claire Poole reports.

November 2, 2022 Claire Poole

Kirkland, Eversheds, Paul Hastings, Latham Advise on $1.8B ESG Acquisition of 1.7M acres of Sustainable Forestlands

The deal would make Blue Source Sustainable Forests Company — a joint venture with Oak Hill Advisors — the seventh largest private owner of forestlands in the nation. The Lawbook has the names of the Texas lawyers involved in the ground-breaking ESG deal.

November 2, 2022 Allen Pusey

$10.9B Atlas Corp to be Acquired in Take-Private Transaction

Hong Kong-based Atlas Corp. is being taken private by a consortium of investors that includes the company's major stockholders and management. The deal was advised by some Texas-based lawyers. The Lawbook has the details.

November 1, 2022 Allen Pusey

CDT Roundup: 15 Deals, 9 Firms, 116 Lawyers, $7.8B

With blank check IPOs and de-SPAC mergers dwindling in number, the third quarter of 2022 may have spelled the most conclusive evidence yet that the SPAC track has peaked as a quick path to public trading for companies that covet a ticker symbol. Blame it on inflation or on the quality of the targets themselves, but according to Pitchbook SPACs have proved themselves unable to sustain the enthusiastic pricing they experienced just a year ago. The CDT Roundup has those details, as well as the names of the firms and Texas lawyers who reported transactions last week.

November 1, 2022 Claire Poole