Simpson Thacher, Kirkland Counsel in Blackstone’s Backing of Fort Worth’s Simpli.fi
Blackstone is joining GTCR in backing a Fort Worth company in its next phase of growth. Simpson Thacher and Kirkland provided counsel on the investment.
Irving Subprime Auto-loan Firm Gets New Owner
Private equity continues to circle subprime loans and distressed debt opportunities as an investor group led by Warburg Pincus buys out Blackstone funds in Irving's Exeter Finance.
5 Questions With Hunton AK’s Courtney Cochran Butler: An ESG Overview and Its Relationship to Issuers
Anticipation around forthcoming ESG regulation has left issuers, banks and investors in limbo. Hunton Andrews Kurth's Courtney Cochran Butler breaks down what's front of mind for issuers awaiting guidance and further considerations in this interview with The Texas Lawbook.
CDT Roundup: 28 Deals, 8 Firms, 228 Lawyers, $16.8B
Texas private equity is heading further upstream with its capital as buyout shops look to dodge swollen valuations. And last week, a flood of securities transactions led the Corporate Deal Tracker.
Baker Botts, Alston & Bird Advise in Planned $2.15B Westlake-Boral Acquisition
A Texas-based Baker Botts team counseled Houston's Westlake Chemical Corp. as the publicly traded company looks to bolster its reach in housing-related building products that could help it capitalize on hearty residential construction demand. Alston & Bird's Darren Hauck led the effort for Boral.
CDT Roundup: 26 Deals, 15 Firms, 209 Lawyers, $27.2B
A whopping 204 lawyers based in Texas had a hand in last week's deals covered in the latest Corporate Deal Tracker Roundup. The Texas Lawbook has the details on those 26 transactions – and a brief look at the state of venture capital.
Dallas’ Worldwide Express to Merge in Huge PE-backed Logistics Move
Weil, Kirkland, Dechert and Block & McNeill are playing a role in the combination of two powerhouse logistics providers.
CDT Roundup: 15 Deals, 13 Firms, 100 Lawyers, $15.5B
Private equity firms are looking more and more to ESG pushes as a means of value creation – and value protection. The Corporate Deal Tracker explores some ESG trends, in addition to breaking down last week's transactions totaling more than $15.5 billion.
Contango, KKR-backed Independence to Merge in $5.7B Deal
Texas-based counsel from Gibson Dunn and V&E advised the two oil and gas companies as they look to combine into a new publicly traded entity.
U.S. Concrete Enters Into $1.2B Buyout Agreement in Vertical Play
The Texas supplier to the commercial real estate and construction industries will change hands for nearly $1.3 billion with New York-based outside counsel leading much of the transaction.
CDT Roundup: 35 Deals, 11 Firms, 145 Lawyers, $20.27B
Much like M&A in the latter half of 2020, the U.S. secondary market saw active investors keen to get creative with existing funds – and the space should continue to see increased activity as venture capital, private credit and real estate transactions nip at the heels of private equity. Closer to home, 145 Texas-based lawyers from 11 firms took part in 35 deals in this week's Corporate Deal Tracker Roundup.
Two Texas Energy Companies to Combine in $2.7B Deal
Spring-based Southwestern Energy Co. plans to acquire the third-largest natural gas producer in the country that comes with an impressive roster of financial backers. Texas lawyers from Skadden, Kirkland & Ellis and Akin Gump also played a role.
