Madison Dearborn Agrees to Dole Out $1.8B in Cash for MoneyGram
Vinson & Elkins advised the Dallas company after its $1.2 billion sale to Hong Kong-based Ant Financial in 2018 was blocked by U.S. regulators (the firm counseled on that deal, too).
The Texas Law Firms that Worked on the Most $1B+ M&A Deals in 2021
The battle among Texas lawyers to do the mega mergers, acquisitions and joint ventures is fierce. The Texas offices of 22 law firms represented parties in 115 M&A deals that were valued at $1 billion or more in 2021, according to The Texas Lawbook’s Corporate Deal Tracker. Seven different law firms had Texas lawyers advise on 10 or more of those billion-dollar corporate transactions.
Texas Munis 2021: Growth Against the Caution Light
The well-documented influx to Texas of folks from other states brings with a whole new set of needs: more schools, more roads, more public facilities of every kind. In 2021, public finance attempted to keep pace with nearly 2,100 issues worth more than $61 billion. Bond attorneys expect a vigorous 2022, but a few caution lights are beginning to flicker. Some are wondering if the raw need for infrastructure improvements can overcome a fickle public appetite for new projects and increasingly intrusive legislative scrutiny. Nushin Huq reports.
Kirkland, Sidley, V&E, Latham Top CDT’s 2021 Law Firm M&A Rankings in Texas
Texas lawyers feasted on mergers and acquisitions in 2021. The Texas offices of Kirkland & Ellis did the most deals — though Sidley, Vinson & Elkins and Latham & Watkins were crazy busy. The Texas Lawbook‘s Corporate Deal Tracker lists the law firms that were involved in a record-smashing 929 corporate deals last year and the dealmakers who led those transactions.
Correction:The Texas Lawbook, in an earlier version of this article, undercounted the deal count and deal value for Gibson Dunn, Haynes and Boone and Locke Lord. We apologize for this error.CDT Roundup: 11 Deals, 8 Firms, 99 Lawyers, $2.5B
Texas M&A staged a comeback year in 2021 with some astonishing deal numbers. But behind those numbers lies some interesting changes in the business sectors that both gained and changed. Some are obvious, like healthcare and infrastructure; but some are not so obvious, like food. The CDT Roundup looks at some of those numbers and, in particular, one food deal that typifies several ways in which the food sector is changing, along with last week's dealmaking and the firms involved.
DBJ: Generational Group Adds Tech Consulting through Recent Acquisition
Over the last few years, Generational has expanded its practice from lower-middle-market mergers and acquisitions to advisory services across life cycles.
DBJ: PE/M&A Lawyers Switch Firms, Talk How to Get Deals Done
Whit Roberts and Jack Jacobsen spoke with the Dallas Business Journal about the M&A landscape and their deal pipelines.
M&A 2021: A Year Beyond ‘Even the Wildest Expectations’
Texas M&A boomed in Texas in 2021 — in value, in deal count and in ways that bode well for 2022. According to exclusive data from The Texas Lawbook's Corporate Deal Tracker, each month of 2021 outperformed 2020 year-over-year. There were more deals at basically every level — for $1 million or $1 billion or beyond. Whether in energy or healthcare, construction or infrastructure, technology or transportation, it was a year that rebounded from the pandemic beyond the most optimistic expectations. The Lawbook has the numbers, the tables and the views of deal lawyers across the state of what was, from virtually any perspective, a very remarkable year.
CDT Roundup: 11 Deals, 12 Firms, 101 Lawyers, $3.9B
M&A in North America reached a record $2.7 trillion in 2021, according to PitchBook last week. Meanwhile deals in Texas kept apace with nearly a dozen. The CDT Roundup has all of them, and the lawyers involved.
Earthstone Grabs Midland Basin Assets from Bighorn for $860M
The transaction comes on the heels of the company's $600 million asset acquisition from Warburg Pincus-backed Chisholm Energy Holdings in December. Attorneys from Haynes and Boone and Simpson Thacher advised on the deal.
DBJ: Lawyers Fear Proposed SEC Regulations Could Trigger Noncompliance for Some PE Firms, Hedge Funds
Lawyers weighed in Wednesday on the new SEC proposal which would increase the frequency and amount of information some firms and hedge funds are required to disclose.
CDT Roundup: 13 Deals, 10 Firms, 99 Lawyers, $5.1B
Upstream M&A values for oil and gas were up last year by 25% over 2020, a hopeful sign that energy production transactions are getting back to pre-Covid levels. However, gains in deal volume were slight. At the moment, 2022 seems set for continued deal flow, particularly in the mid-size markets. But beyond? The CDT Roundup has more on those numbers and a look at the lawyers who provided last week's deals.
