CDT Roundup: 17 Deals; 14 Firms; 184 Lawyers; $4.4B

Sarah McLean has been busy, to say the least.

The Shearman & Sterling partner advised on Southcross Energy’s sale of its Upper Gulf Coast Pipeline System to Max Energy for an undisclosed sum (see below).

That follows counseling Southcross and its South Texas subsidiaries on their sale to Targa Resources for $200 million; Silver Hill Energy Partners on its purchase of Haynesville assets from Pine Wave and its acquisition of oil and gas properties in South Texas’ Eagle Ford, both for undisclosed sums; and Encap Flatrock on its sale of Cogent Midstream to EIV Capital-backed Canes Midstream Holdings, also for undisclosed terms.

This year McLean also advised ATX Energy Partners on it and Vitol’s formation of VTX Energy Partners, which seeks to acquire, develop and operate large-scale upstream assets in established U.S. lower 48 basins. That comes after 2021 when she handled 11 M&A transactions (that we know of).

McLean calls the market for energy deals robust, especially when it involves private equity. “I’ve never seen PE funds this busy – making new investments, selling/exiting investments and looking at acquisitions,” she said.

For the week ending April 9, there were 17 deals for a total reported value of $4.4 billion. Those deals included 11 M&A deals worth $1.7 billion and six capital markets transactions worth $2.7 billion. That’s compares favorably with 13 deals for $1.8 billion the previous week and 15 deals for $8.9 billion this time last year.

Weekly Corporate Deal Tracker Roundup Stats

A compilation of weekly stats from The Lawbook's CDT Weekly Roundup
(Deal Values in Millions)

Week Ending	Deal Count	Amount	Firms	Lawyers	M&A Count	M&A Value $M	CapM Count	CapM Value $M
23-Nov-24	15	$4,553	15	145	11	$3,379	4	$1,174
16-Nov-24	17	$11,488	11	245	13	$10,186	4	$1,303
09-Nov-24	14	$2,110	12	139	12	$1,410	2	$700
02-Nov-24	12	$52,788	11	107	11	$52,738	1	$50
26-Oct-24	8	$3,160	8	65	7	$3,065	1	$75
19-Oct-24	12	$5,304	11	136	11	$4,554	1	$750
12-Oct-24	17	$8,438	12	150	15	$8,116	2	$322
05-Oct-24	22	$23,181	12	189	15	$19,980	7	$3,201
28-Sep-24	11	$2,356	7	144	7	$53	4	$2,303
21-Sep-24	12	$9,568	10	169	5	$4,101	7	$5,467
14-Sep-24	24	$10,988	12	235	16	$7,175	8	$3,813
7-Sep-24	12	$20,420	16	168	11	$20,307	1	$112.9
31-Aug-24	13	$20,631	9	134	12	$14,775	1	$5,856
24-Aug-24	19	$8,452	21	325	16	$7,102	3	$1,350
17-Aug-24	25	$49,196	16	304	11	$39,386	14	$9,810
10-Aug-24	20	$12,264	15	312	16	$9,794	4	$2,470
03-Aug-24	26	$16,498	16	334	18	$8,137	8	$8,361
27-Jul-24	19	$16,442	21	271	15	$13,838	4	$2,604
20-Jul-24	15	$16,016	14	184	10	$14,232	5	$1,784
13-Jul-24	20	$17,220	14	265	18	$7,146	2	$10,074
6-Jul-24	11	$3,941	11	95	8	$2,650	3	$1,291
29-Jun-24	14	$6,296	15	224	8	$6,296	6	$1,927
22-Jun-24	12	$5,679	8	137	5	$210	7	$5,469
15-Jun-24	13	$9,895	16	214	10	$5,280	3	$4,615
8-Jun-24	19	$23,859	13	239	12	$19,436	7	$4,423
1-Jun-24	12	$34,510	11	147	9	$26,110	3	$8,400
25-May-24	13	$9,684	15	171	10	$4,434	3	$5,250
18-May-24	11	$5,490	11	173	8	$3,129	3	$2,361
11-May-24	22	$14,855	14	227	16	$11,105	6	$3,750
4-May-24	13	$3,139	9	87	10	$1,297	3	$1,842
27-Apr-24	10	$6,684	6	28	10	$6,684	0	0
20-Apr-24	19	$15,989	11	147	9	$5,208	10	$10,781
13-Apr-24	13	$8,952	9	76	10	$1,652	3	$7,300
6-Apr-24	22	$22,616	14	222	14	$13,501	8	$13,116
30-Mar-24	12	$9,286	8	136	8	$4,299	4	$4,987
23-Mar-24	18	$5,451	17	266	16	$4,759	2	$692
16-Mar-24	21	$11,437	13	186	14	$9,316	6	$2,070
9-Mar-24	23	$4,695	21	218	19	$2,723	4	$1,972
2-Mar-24	20	$9,108	19	372	14	$4,558	6	$4,550
24-Feb-24	19	$16,382	12	248	15	$9,507	4	$6,875
17-Feb-24	16	$29,932	15	157	12	$29,216	4	$716
10-Feb-24	25	$10,750	17	196	19	$5,372	6	$5,379
3-Feb-24	12	$8,416	18	125	9	$3,416	3	$5,000
27-Jan-24	9	$8,165	9	87	8	$7,815	1	$800
20-Jan-24	14	$4,084	12	109	12	$3,219	2	$865
13-Jan-24	17	$33,588	12	256	12	$26,765	5	$6,823
6-Jan-24	8	$7,915	8	84	6	$7,265	2	$650
30-Dec-23	17	$14,599	12	99	15	$2,714	2	$11,885
23-Dec-23	23	$4,182	13	219	16	$1,813	7	$2,370
16-Dec-23	13	$16,436	13	280	7	$15,150	5	$1,286
9-Dec-23	26	$14,633.90	17	244	16	$8,095	10	$6,538.90
2-Dec-23	13	$6,720	9	57	12	$6,630	1	$90
25-Nov-23	9	$4,835	9	131	6	$1,785	3	$3,050
18-Nov-23	22	$6,568.70	17	184	14	$4,709.20	8	$1,859.50
11-Nov-23	15	$9,825	13	179	12	$6,581	3	$3,244
4-Nov-23	15	$20,582.50	14	193	12	$19,417.50	3	$1,165
28-Oct-23	18	$68,419.10	18	152	15	$66,646	3	$1,773.10
21-Oct-23	16	$6,755.90	16	165	15	$6,755.90	1	$3
14-Oct-23	14	$67,851.20	13	125	9	$61,998.50	5	$5,852.70
7-Oct-23	17	$6,595.50	13	228	16	$5,995.50	1	$600
30-Sep-23	17	$1,896.45	13	189	14	$806.45	3	$1,090
23-Sep-23	23	$6,432.70	17	230	16	$1,402.80	7	$5,029.90
16-Sep-23	25	$23,226.70	23	353	16	$17,239	9	$5,987.70
9-Sep-23	12	$6,369	8	102	7	$4,311	5	$2,058
2-Sep-23	14	$2,522	6	92	13	$1,322	1	$1,200
26-Aug-23	17	$12,160.25	13	202	15	$6,573.25	2	$5,587.00
19-Aug-23	19	$11,505	13	213	15	$11,255	4	$250
12-Aug-23	19	$9,698.80	13	184	7	$3,270	12	$6,428.80
5-Aug-23	13	$5,201	12	118	12	$5,051	1	$150
29-Jul-23	15	$21,031.60	13	196	11	$18,292.00	4	$2,739.60
22-Jul-23	18	$3,992	12	130	13	$2,808	5	$1,184
15-Jul-23	13	$8,254.95	13	81	13	$8,254.95	0	0
8-Jul-23	16	$5,441.45	12	172	11	$2,443	5	$2,998.45
1-Jul-23	16	$6,872	10	105	12	$5,474	4	$1,398
24-Jun-23	13	$10,914	16	201	10	$7,874	3	$3,040
17-Jun-23	17	$5,880.70	15	151	15	$4,705.70	2	$1,175
10-Jun-23	19	$8,516.10	13	111	16	$6,252.40	3	$2,263.70
June 3 2023	12	$6,104.42	12	138	8	$4,256.92	4	$1,847.50
27-May-23	17	$12,200	10	67	11	$6,165	6	$6,035
20-May-23	11	$22,458.10	8	103	4	$19,455	7	$3,003
13-May-23	12	$7,034	10	101	8	$5,460	4	$1,574
6-May-23	20	$3,297.60	18	196	17	$2,985.60	3	$312
29-Apr-23	23	$3,691.20	18	135	17	$1,969.70	6	$1,721.50
22-Apr-23	16	$5,570	14	104	14	$4,750	2	$1,000
15-Apr-23	12	$23,818.10	9	59	10	$21,618.10	2	$2,200
8-Apr-23	16	$7,949	9	173	9	$5,472	7	$3,477
1-Apr-23	21	$18,676.70	12	175	11	$10,926.70	10	$7,750
25-Mar-23	15	$8,779.50	10	141	5	$2,362	10	$6,416.50
18-Mar-23	7	$14,048.80	6	69	5	$13,345	2	$703.80
11-Mar-23	21	$11,576	16	165	16	$8,131	5	$3,445
4-Mar-23	20	$9,668	11	228	16	$8,209	4	$1,459
25-Feb-23	13	$5,335	13	130	12	$4,235	1	$1,200
18-Feb-23	14	$5,743.70	13	158	8	$898.70	6	$4,845
11-Feb-23	16	$12,088	12	137	12	$9,965	4	$2,123
4-Feb-23	17	$8,066	15	140	13	$5,614	4	$2,452
28-Jan-23	7	$2,180	7	75	5	$1,692.75	2	$488
21-Jan-23	17	$5,768	16	174	12	$1,918	5	$3,850
14-Jan-23	11	$2, 800	10	102	8	$421	3	$2,400
7-Jan-23	18	$8,296	11	167	14	$6,461	3	$1,835
31-Dec-22	14	$2,732	11	99	12	$2,092	2	$640
17-Dec	14	$7,919	13	115	12	$7,419	1	$500
10-Dec-22	14	$10,093	12	88	11	$7,093	3	$3,000
3-Dec-22	26	$12,800.90	11	172	20	$4,141	6	$8,659.90
26-Nov-22	8	$2,266.70	8	5	3	$76	5	$2,190.70
19-Nov-22	21	$2,886	15	212	19	$2,550	2	$336
12-Nov-22	13	$15,093.70	9	81	9	$14,200	4	$893.70
5-Nov-22	25	19,337.20	16	509	22	$8,267.20	3	$11,070
29-Oct-22	15	$7,805.30	9	116	14	$7,180.30	1	$625
22-Oct-22	20	$8,193.50	13	253	13	$5,442	7	$2,751.50
15-Oct-22	9	$3,046.10	9	139	7	$2,588.30	2	$457.80
8-Oct-22	19	$2,011.80	12	114	16	$833.80	3	$1,178
1-Oct-22	23	$5,532.90	16	156	18	$4,952.30	5	$580.60
24-Sep-22	18	$5,194	14	216	15	$4,050	3	$1,144
17-Sep-22	21	$8,352.30	12	320	15	$4,759.60	6	$3,592.70
10-Sep-22	15	$19,853.50	10	126	13	$19,403.60	2	$450
3-Sep-22	9	$2,312	9	62	9	$2,312	0	0
27-Aug-22	16	$30,891.70	10	135	15	$30,666.40	1	227.7
20-Aug-22	12	$1,977	8	152	9	925	3	$1,052
13-Aug-22	18	$8,004.70	11	242	11	$2,844.70	7	$5,160
6-Aug-22	24	$7,948.90	12	240	17	$3,577	7	$4,371.90
30-Jul-22	8	$6,941	9	78	7	$6,839	1	$102
23-Jul-22	11	$801	11	92	10	$801	1	0
16-Jul-22	14	$3,650	10	122	14	$3,650	0	0
9-Jul-22	10	$3,557.70	7	68	9	$3,557.70	1	0
2-Jul-22	18	$8,609.40	13	152	15	$2,754.40	3	$5,855
25-Jun-22	15	$6,142	13	146	9	$2,017	6	$4,125
18-Jun-22	17	$11,890.10	14	228	15	$11,410	2	479.7
11-Jun-22	17	$7,600	12	123	10	$2,300	7	$5,300
4-Jun-22	12	$2,937	10	127	9	$692	3	$2,245
28-May-22	9	$3,197.60	11	86	9	$3,197.60	0	0
21-May-22	14	$7,284.50	12	185	11	$6,609	3	$675.50
14-May-22	11	$306.60	9	80	10	$306.60	1	$225
7-May-22	16	$10,451.75	12	108	12	$1,827	4	$8,624.75
30-Apr-22	16	$2,296.50	16	157	12	$895.50	4	$1,401
23-Apr-22	10	$2,241	11	58	8	$1,641	2	$600
16-Apr-22	11	$6,643	7	156	8	$2,359	3	$4,284
9-Apr-22	17	$4,429	14	184	11	$1,690	6	$2,739
2-Apr-22	13	$1,755	8	84	10	$1,145	3	$610
26-Mar-22	11	$3,205	8	65	6	$200	5	$3,005
19-Mar-22	13	$2,239.17	9	106	13	$2,239.17	0	0
12-Mar-22	18	$12,016	11	239	15	$11,965	2	$51.35
5-Mar-22	17	$6,786	13	137	13	$5,161	4	$1,625
26-Feb-22	12	$5,095	8	149	9	$4,437.50	3	$658
19-Feb-22	17	$22,229	17	174	14	$21,354	3	$875
12-Feb-22	12	$2,344.70	10	73	8	$641.70	4	$1,703
5-Feb-22	11	$2,503	8	99	11	$2,503	0	0
29-Jan-22	11	$3,872	12	101	12	$3,872	0	0
22-Jan-22	13	$5,143.50	10	99	12	$4,842.50	1	$301
15-Jan-22	12	$7,605	9	155	9	$6,480	3	$1,025
8-Jan-22	13	$8,256.20	11	102	13	$8,256.20	0	0
1-Jan-22	9	$1,273.80	6	50	9	$1,273.80	0	0
25-Dec-21	21	$4,734.75	11	176	16	$3,410	5	$1,324.75
18-Dec-21	26	$7,325.20	15	193	18	$3,640.20	8	$3,685.20
11-Dec-21	16	$5,017	10	109	13	$1,417	3	$3,600
4-Dec-21	14	$2,310	8	86	8	$2,310	6	$1,882.05
27-Nov-21	9	$3.460.1	10	101	6	$1,758	3	$1,702.60
20-Nov-21	20	$22,792	15	157	12	$18,864.50	8	$3,928
13-Nov-21	21	$26,729	12	178	13	$11,822	8	$14,907
6-Nov-21	12	$8,303	13	157	10	$6,682	3	$1,621
30-Oct-21	21	$10,368	15	218	15	$9,24.4	6	$1,103.00
23-Oct-21	21	$18.783.1	15	222	11	$12,314	10	$6,468.60
16-Oct-21	15	$3,868	11	118	15	$2,293	2	$1,575
9-Oct-21	20	$8,610	16	175	16	$7,795	4	$815
2-Oct-21	14	$6,250	11	137	10	$5,200	4	$1,050
25-Sep-21	11	$11,460	9	93	7	$10,200	4	$1,250
18-Sep-21	11	$16,603	8	99	8	$15,084	3	$1,519
11-Sep-21	17	$10,653	11	103	13	$8,503	4	$2,150
4-Sep-21	13	$7,222	10	89	11	$6,715	2	$507
28-Aug-21	12	$763	9	63	11	$663	1	$100
21-Aug-21	12	$29,659	7	79	11	$29,579	1	$80
14-Aug-21	22	$17,845	11	199	12	$12,805	10	$5,04
7-Aug-21	17	$13,670	12	139	15	$11,766	2	$1,904
31-Jul-21	21	$8,160	11	134	10	$3,574	10	$4,586
July 24,2021	21	$6,367	11	139	15	$3,712	6	$2,655
17-Jul-21	14	$4,009	11	124	12	$2,015	2	$1,994
10-Jul-21	16	$3,997	13	143	11	$1,597	4	$2,4
3-Jul-21	24	$7,492	13	94	16	$3,769	8	$3,722
26-Jun-21	10	$4,995	7	85	8	$3,847	2	$1,148
19-Jun-21	28	$16,830	8	228	9	$1,861	19	$14,968
12-Jun-21	26	$27,238	15	209	19	$25,602	7	$1,636
5-Jun-21	15	$15,539	13	100	13	$14,709	2	$600
29-May-21	35	$20,279	11	145	28	$18,64	7	$1,639
22-May-21	24	$53,208	14	174	17	$51,047	7	$2,161
15-May-21	18	$10,620	13	220	11	$5,870	7	$4,809
8-May-21	17	$10,400	11	156	15	$8,386	2	$2,500
1-May-21	21	$7,200	16	115	12	$3,808	9	$3,392
24-Apr-21	8	$20,200	9	31	8	$20,200	0	0
17-Apr-21	14	$6,270	8	102	11	$40,180	3	$2,260
10-Apr-21	15	$8,940	13	129	14	$7,990	1	$950
3-Apr-21	18	$19,513	10	151	12	$16,923	6	$2,590
27-Mar-21	27	$13,942	15	244	14	$4,300	13	$9,633.50
20-Mar-21	11	$2,046	4	102	3	$270	8	$1,776
13-Mar-21	15	$3,270	9	109	6	$538	9	$2,732
6-Mar-21	24	$13,617	10	196	13	$10,395	11	$3,222
27-Feb-21	19	$8,105	12	139	15	$4,970	4	$3,135
20-Feb-21	9	$8,820	9	153	8	$8,520	1	$300
13-Feb-21	12	$4,852.60	7	81	7	2,766	5	$2,086.60
6-Feb-21	18	$9,752	13	153	14	$5,222	4	$4,530
30-Jan-21	18	$9,449	9	182	15	$8,753.80	3	$695.30
23-Jan-21	14	$8,150	8	118	6	$4,000	8	$4,150
16-Jan-21	17	$6,783	13	138	11	$2,400	6	$4,382.90
9-Jan-21	22	$6,829	14	135	18	$3,139.30	4	$3,690
2-Jan-21	7	$1,466	7	60	7	$1,466	0	0
26-Dec-20	18	$15,900	12	163	16	$5,300	1	$600
19-Dec-20	18	$9,769	14	110	14	$8,426	4	$1,343
12-Dec-20	10	$7,200	9	100	9	$3,325	1	$3,830
5-Dec-20	15	$4,261	9	122	9	$2,780	6	$1,481
28-Nov-20	19	$7,758	10	110	13	$4,003	6	$3,755
14-Nov-20	14	$864.10	14	157	12	$289.10	2	$575
7-Nov-20	13	$6,332	9	129	9	$2,483.50	4	$3,849
31-Oct-20	10	$3,995.80	8	103	6	$3,231.10	4	$754.70
24-Oct-20	6	$18,100	6	58	5	$17,709	1	$350
17-Oct-20	8	$351.90	5	55	8	$351.90	0	0
10-Oct-20	7	$5,229	3	50	4	$735	3	$4,494
3-Oct-20	14	$21,428	9	173	9	$17,535	5	$3,893
26-Sep-20	10	$12,770	8	93	5	$10,300	5	$2,470
19-Sep-20	14	$8,365	9	101	6	$1,020	8	$7,345
12-Sep-20	6	$4,406	8	59	3	$1,270	3	$3,136
5-Sep-20	11	$5,191	8	117	9	$4,061	2	$1,130
29-Aug-20	11	$2,531	9	94	5	$1,130	6	$1,401
22-Aug-20	18	$6,574	12	140	7	$1,930	11	$4,644
15-Aug-20	13	$4,991	10	97	7	$1,216	6	$3,775
8-Aug-20	12	$32,092	11	112	9	$30,457	3	$1,635
1-Aug-20	7	$5,287	8	76	5	$3,687	2	$1,600
25-Jul-20	9	$18,751	6	67	7	$18,403	2	$348
18-Jul-20	6	$1,982.50	5	50	4	$1,407.50	2	$575
11-Jul-20	11	$565.10	12	75	10	$65.10	1	$500
4-Jul-20	10	$8,889	8	98	9	$8,788	1	$100.30
27-Jun-20	8	$6,874	10	50	5	$4,972.50	3	$2,081.50
20-Jun-20	12	$4,444	9	115	7	$2,829	5	$1,615
13-Jun-20	6	$3,582	4	37	2	$350	4	$3,232
6-Jun-20	11	$3,213.70	8	65	7	$470	4	$2,743.70
30-May-20	8	$7,335	7	48	6	$4,639	2	$2,697
23-May-20	4	$432.40	4	34	3	$432.40	1	0
16-May-20	6	$310	6	34	5	$310	1	0
9-May-20	18	$5,630	16	124	14	$3,180	4	$2,450
2-May-20	15	10,400	10	90	8	$1,900	7	$,8,500
25-Apr-20	8	$3,400	9	36	5	$1,000	3	$2,450
18-Apr-20	19	$9,500	14	92	8	$185.70	11	$9,360
11-Apr-20	12	$6,000	9	40	5	$190	7	$5,800
4-Apr-20	14	$8,200	11	68	10	$2,200	4	$6,000
28-Mar-20	16	$6,500	13	96	10	$3,700	6	$2,800
21-Mar-20	11	$11,910	7	33	7	$2,250	4	$9,960
14-Mar-20	7	809.8	6	34	6	684.8	1	125
7-Mar-20	16	$2,500	15	70	13	$669	3	$1,400
29-Feb-20	13	$15,260	13	128	11	$11,760	2	$3,500
22-Feb-20	12	$3,700	10	92	10	$2,560	2	$1,130
15-Feb-20	16	$1,250	10	84	12	$35	4	$1,222
8-Feb-20	18	$6,080	14	123	14	$2,595	4	$3,485
1-Feb-20	21	$20,900	12	101	14	$17,860	7	$3,060
25-Jan-20	13	$7,430	13	62	12	$6,430	1	$1,000
18-Jan-20	23	$9,580	15	120	19	$6,580	4	$3,000
11-Jan-20	21	$14,200	18	199	16	$1,020	5	$13,200
4-Jan-20	22	$6,400	11	119	16	$3,204	6	$3,245
28-Dec-19	22	$7,150	19	175	18	$6,800	4	$327.40
14-Dec-19	24	$36,300	23	167	19	$9,500	5	$26,800
7-Dec-19	11	$10,400	11	55	7	$1,082	4	$9,370
November 30. 2019	14	$2,450	12	126	12	$1,760	2	$692.50
23-Nov-19	16	$1,995	10	41	11	$615	5	$1,380
16-Nov-19	15	$3,820	13	135	11	$2,500	4	$1,271
9-Nov-19	25	$12,900	17	182	23	$12,200	2	$575
2-Nov-19	10	$2,470	12	61	9	2,450	3	$22
26-Oct-19	12	$5,560	14	70	11	$3,860	1	$1,700
19-Oct-19	8	$6,600	8	138	8	$6,600	0	0
12-Oct-19	19	$4,300	14	55	16	$3,800	3	$500
5-Oct-19	18	$14,500	19	166	15	$11,100	3	$3,400
28-Sep-19	19	$8,100	18	132	18	$7,560	1	$550
21-Sep-19	14	$6,300	16	66	11	$2,160	3	$4,170
14-Sep-19	15	$23,800	12	56	11	$21,250	4	$2,570
7-Sep-19	17	$3,500	15	98	14	$1,900	3	$1,600
31-Aug-19	5	$8,700	6	50	5	$8,700	0	0
24-Aug-19	16	$10,000	14	82	15	$4,250	1	$5,750
16-Aug-19	10	$1,680	5	52	7	$650	3	$950
9-Aug-19	17	$17,700	15	68	14	$3,900	3	$13,800
2-Aug-19	13	$5,760	12	108	13	$5,760	NA	NA
27-Jul-19	11	$7,300	13	76	8	$6,570	3	$730
20-Jul-19	13	$11,800	13	125	11	$5,300	2	$6,500
13-Jul-19	10	$775	7	46	8	$542.50	2	$233
6-Jul-19	7	$2,500	9	85	7	$2,500	0	0
29-Jun-19	23	$8,290	15	154	17	$2,300	6	$5,970
22-Jun-19	17	$10,700	10	139	14	$7,700	3	$3,000
15-Jun-19	11	$13,500	14	160	11	$13,500	NA	NA
8-Jun-19	13	$2,870	17	55	11	$1,570	2	$1,300
1-Jun-19	10	$4,460	11	60	8	$4,140	2	$315
25-May-19	17	$4,360	14	79	14	$3,700	3	$612
18-May-19	22	$9,000	17	150	16	$3,400	6	$5,600
11-May-19	18	$19,800	17	177	15	$18,300	3	$1,500
4-May-19	10	$7,075	6	32	8	$6,900	2	$175
27-Apr-19	15	$3,200	14	117	14	$3,160	1	$40
20-Apr-19	13	$13,500	10	90	9	$12,200	4	$1,300
13-Apr-19	16	$38,900	14	91	14	$37,800	2	$1,100
6-Apr-19	12	$6,870	11	94	10	$6,730	2	$50
30-Mar-19	15	$6,470	12	84	10	$7,91.5	5	$5,677
23-Mar-19	18	$6,450	14	91	14	$5,042	4	$1,408
16-Mar-19	14	$10,180	12	115	11	$8,800	3	$1,300
9-Mar-19	9	$1,800	6	49	8	$1,300	1	$500
2-Mar-19	20	$3,033	16	107	14	$1,817	6	$1,262
23-Feb-19	12	$2,040	8	69	9	$614.60	3	$1,430
16-Feb-19	16	$9,970	18	77	16	$9,970	0	0
9-Feb-19	14	$6,400	10	110	14	$6,400	0	0
2-Feb-19	18	$6,740	15	99	16	$5,720	2	$950
26-Jan-19	13	$2,770	11	67	11	$918.95	2	$1,850
19-Jan-19	15	$3,819	16	76	12	$2,594	3	$1,225
12-Jan-19	18	$7,283	14	92	15	$1,683	3	$5,600
5-Jan-19	10	$529	12	50	10	$529	0	0
22-Dec-18	17	$2,570	13	87	14	$941	3	$1,629
15-Dec-18	10	$2,860	8	26	8	$264	2	$2,600
8-Dec-18	15	$1,819	16	65	12	$552	3	$1,267
1-Dec-18	12	$7,500	10	90	9	$1,200	3	$6,200
28-Nov-18	15	$4,500	11	107	14	$4,000	1	$500
19-Nov-18	18	$6,137	13	98	13	$2,142	5	$3,995
14-Nov-18	18	$9,200	13	152	15	$8,500	3	$694
6-Nov-18	16	$17,300	16	183	14	$16,361	2	$950
29-Oct-18	14	$14,400	18	127	17	$13,800	1	$600
24-Oct-18	13	$6,140	13	126	11	$5,122	2	$1,018
17-Oct-18	18	$18,390	15	125	14	$12,292	4	$6,098
10-Oct-18	29	$3,149	18	104	20	$1,647	9	$819
2-Oct-18	18	$9,300	11	67	14	$7,300	4	$2,000
25-Sep-18	13	$7,000	11	75	10	$6,000	3	$995
18-Sep-18	9	$3,570	7	44	9	$3,570	0	0
11-Sep-18	13	$5,900	10	132	13	$5,900	0	0
7-Sep-18	14	$5,000	15	86	11	$4,000	3	$1,000
29-Aug-18	15	$20,700	14	79	13	$4,700	2	$16,000
20-Aug-18	10	$12,400	11	53	8	$11,380	3	$1,057
14-Aug-18	12	$19,900	12	132	9	$18,889	3	$1,011
7-Aug-18	16	$68,600	11	106	13	$67,259	3	$1,340
31-Jul-18	15	$15,100	15	95	11	$13,060	4	$2,060
23-Jul-18	13	$2,130	15	60	10	$1,804	3	$1,100
17-Jul-18	14	$5,370	17	98	9	$4,310	5	$1,100
9-Jul-18	16	$11,200	15	74	10	$11,080	6	$862
3-Jul-18	13	$7,000	7	81	12	$6,330	1	$750
25-Jun-18	15	$8,800	13	97	9	$4,970	6	$3,930
18-Jun-18	13	$14,200	14	80	7	$221	6	$14,290
11-Jun-18	12	$6,300	8	96	8	$5,910	4	$803
6-Jun-18	13	$14,500	10	88	8	$14,154	5	$579
31-May-18	11	$4,890	10	63	8	$3,240	3	$1,790
22-May-18	15	$20,400	11	63	9	$19,808	6	$885
15-May-18	15	$4,700	15	106	10	$3,900	5	$643
9-May-18	11	$1,400	13	88	9	$1,300	2	$560
1-May-18	8	$14,250	7	88	7	$13,400	1	$450
24-Apr-18	12	$5,300	6	61	11	$4,470	1	$800
17-Apr-18	9	$1,800	10	44	7	$2,330	2	$1,434
11-Apr-18	11	$2,500	8	32	6	$1,690	5	$809
3-Apr-18	15	$13,400	11	121	9	$12,020	6	$1,090
28-Mar-18	10	$4,000	10	92	7	$3,870	3	$215
19-Mar-18	17	$5,800	13	51	10	$590	7	$5,165
12-Mar-18	15	$3,130	11	43	11	$2,360	4	$788
6-Mar-18	19	$5,400	13	116	10	$1,530	9	$4,860
27-Feb-18	20	$6,600	13	69	14	$5,530	6	$1,030
19-Feb-18	15	$5,500	14	111	10	$3,990	6	$1,980
12-Feb-18	23	$10,900	17	157	12	$7,110	11	$3,840
5-Feb-18	16	$8,600	13	100	7	$1,330	9	$7,800
30-Jan-18	11	$12,600	11	68	5	$7,300	6	$4,982
24-Jan-18	19	$9,400	15	129	5	$2,010	14	$7,337
18-Jan-18	10	$6,280	8	49	2	$2,100	8	$4,188
9-Jan-18	12	$16,500	12	92	9	$15,890	3	$475
3-Jan-18	10	$2,500	9	47	8	$2,350	2	$150
27-Dec-17	15	$9,000	15	113	9	$7,568	6	$1,784
18-Dec-17	15	$13,800	16	164	9	$13,010	7	$1,118
11-Dec-17	14	$9,700	10	126	12	$2,940	4	$8,500
4-Dec-17	6	$1,800	6	31	5	$1,510	1	$300
28-Nov-17	7	$3,850	8	76	4	$3,260	3	$285
16-Nov-17	10	$2,700	10	48	6	$1,840	4	$856
8-Nov-17	15	$2,380	17	91	10	$1,860	5	$516
1-Nov-17	12	$4,700	17	94	9	$3,400	4	$1,300
23-Oct-17	15	$10,500	10	67	10	$9,780	4	$1,530
18-Oct-17	6	$2,000		37	3	$225	3	$1,820
10-Oct-17	12	$6,570		100	9	$3,880	3	$3,360
2-Oct-17	8	$3,100	11	19	3	$1,630	5	$1,750
25-Sep-17	8	$4,880	8	79	5	$2,660	5	$2,070
18-Sep-17	9	$4,770			3	$300	6	$4,470
12-Sep-17	11	$4,430			8	$2,030	3	$2,400
1-Sep-17	4	$1,310			3	$317	1	$1,000
23-Aug-17	11	$13,640	9		8	$11,840	3	$1,800

M&A/FUNDINGS

Dave & Buster’s buys Main Event for $835M

Deal Description: Coppell-based Dave & Buster’s Entertainment Inc. announced April 6 that it agreed to acquire Main Event from Australia’s Ardent Leisure Group Ltd. and RedBird Capital Partners for $835 million. Upon closing, Chris Morris, the current CEO of Main Event, will be named CEO of Dave & Buster’s. Main Event is a family entertainment concept with 50 locations in the U.S, including three recently acquired the Summit locations in Colorado. The transaction is expected to close later this year after it clears Ardent Leisure stockholders and regulators. Dave & Buster’s expects $20 million in synergies within the first two years from store support center consolidation and supply-chain efficiencies. The company expects the acquisition to be accretive from an earnings and growth perspective. Dave & Buster’s expects to use cash on hand and proceeds from committed bank financing to fund the acquisition. Deutsche Bank Securities Inc., JPMorgan Chase Bank and BMO Capital Markets Corp. are the joint lead arrangers and joint bookrunners for the committed financing. RedBird was founded by former Goldman Sachs Partner Gerry Cardinale in 2014 and has invested in more than 30 platform companies and 80 add-on acquisitions with total enterprise value exceeding $30 billion.

Dave & Buster’s Financial Advisor: Deutsche Bank

Dave & Buster’s Outside Counsel: Kirkland & Ellis led by corporate partners Doug Ryder in New York, Melissa Kalka in Dallas and Jack Shirley in Dallas and associate Camille Walker in Houston. Also involved were capital markets partner Julian Seiguer and associate Logan Weissler; debt finance partner Rachael Lichman; executive compensation partner Rob Fowler; real estate partner Andy Van Noord;  antitrust and competition partner James Mutchnik; and tax partners Sara Zablotney and Joseph Tootle. 

Main Event’s Financial Advisor: Goldman Sachs and J.P. Morgan

Main Event’s Outside Counsel: Weil, Gotshal & Manges led from Dallas by partner James Griffin with associates Austin Freeman and Patrick Hosch

RedBird’s Outside Counsel: Fried, Frank, Harris, Shriver & Jacobson

Ardent’s Outside Counsel: Gilbert + Tobin

Notes: The deal marks the third transaction that has signed or closed in the last month that Kirkland’s Kalka has led. The transactions include advising KKR and the acquiring consortium in the take private of CyrusOne ($15 billion) and Vista-backed Solera Holdings in the acquisition of Spireon from Greenbriar Equity Group.

Turn/River Capital acquires Tufin Software for $570M 

Deal Description: Turn/River Capital plans to acquire Tufin Software Technologies Ltd. for $13 per share, or $570 million, according to an April 6 release. The per share price represents a premium of about 44 percent over Tufin’s closing share price on April 5, the last full trading day prior to the transaction announcement, and a premium of around 54 percent over Tufin’s one-month volume-weighted average closing price through April 5. The agreement includes a 30-day “go-shop” period expiring May 5, which allows the board and its advisors to actively solicit, initiate, encourage or facilitate alternative acquisition proposals from third parties. When the transaction closes, which is expected in the second quarter once it clears Tufin shareholders and regulators, Tufin will become a private company and partner with Turn/River to further accelerate its mission of helping enterprise customers use policy-driven automation to address security threats.

Tufin’s Outside Counsel: White & Case led by M&A partners Morton Pierce in New York and Morgan Hollins in Houston and by capital markets partner and co-head of the firm’s Israel interest group, Colin Diamond, in New York. The team also included associates Nate Bascom, Anil Tanyildiz and Princess Rogers in Houston, as well lawyers in New York, Chicago and Washington D.C.

Tufin’s Financial Advisor: J.P. Morgan Securities

Tufin’s Israeli Counsel: Meitar Law Offices

Turn/River’s Outside Counsel: Kirkland & Ellis advised Turn/River with a New York-led team that included lawyers from Boston, California and Washington D.C.

Notes: White & Case represented Tufin on its IPO on the New York Stock Exchange in 2019.

Alamo sells Permian oil properties to HighPeak for $201M

Deal Description: Alamo Borden County IV, an operating subsidiary of Alamo Frac Holdings, and its seller affiliates agreed to sell some of its oil and gas properties in the Permian Basin to HighPeak Energy Inc. in exchange for cash and shares worth $201 million. Alamo will now own about a 7.4 percent equity stake in HighPeak.  The transaction was executed in February and closed in March.

Alamo’s Outside Counsel: Kirkland & Ellis led by corporate partners Kevin Crews, Rahul Vashi and Courtney Roane and associate Jordan Silverman; capital markets partner Matt Pacey and associate Billy Vranish; and tax partner David Wheat and associate Ryan Phelps.

Notes: The sale follows the carveout of Alamo’s pressure pumping business last year to NexTier Oilfield Solutions,Inc. for $268 million plus additional earn-out. Kirkland’s Crews also advised Alamo.

Nucor acquires steel racking maker Elite Storage Solutions

Deal Description: Charlotte, N.C.-based Nucor Corp. announced April 5 that it acquired steel racking manufacturer Elite Storage Solutions for $75 million. The acquisition expands Nucor’s steel racking capabilities and builds on the company’s acquisition of Hannibal Industries last year. Elite Storage Solutions employs 180 full-time workers in Monroe, Georgia, and Chandler, Arizona. End-use markets for steel racking, including e-commerce warehouses, data centers and food and beverage storage, have experienced strong growth that is forecast to continue. The acquisition gives Nucor access to new customers and will provide logistical advantages in serving existing customers. Hannibal has facilities in southern California and Texas.

Elite Equity Holders’ Outside Counsel: Winston & Strawn led by partners Doug Yeager in Houston and Matt Stockstill in Dallas and including Dallas partner Andrew Betaque, Chicago partners Steve Flores and Stephanie Sebor, Chicago of counsel Shane Blackstone, Dallas associates Bradshaw Hawkins, Andrew Homann and Danielle Marr and Dallas practice counsel Yang Wang

ARM buys Monument Pipeline from NextEra Energy

Deal Description: Houston-based ARM Energy announced April 4 that it acquired Monument Pipeline from NextEra Energy Partners. Terms weren’t disclosed. Monument Pipeline is a natural gas transportation system with 156 miles of pipeline originating at the Katy Hub with connections to the Houston Ship Channel, La Porte and League City market areas. The pipeline also services several residential city gates in high-growth areas of the Greater Houston metroplex. ARM said the transaction strengthens its natural gas market connectivity and links the company’s supply portfolio with near-term demand.

ARM’s Financial Advisor: Greenhill & Co.

ARM’s Outside Counsel: Vinson & Elkins led by partners Gillian Hobson and Benji Barron with assistance from senior associate Stuart Lawson and associates Kara Chung and Vestita Kuntz; partner Guy Gribov, senior associate Alex Cross and associates Frank George and Lily Marrs (finance); partner Peter Marshall, counsel Daniel McEntee and associate Daryne Foote (corporate); partner Damien Lyster and associate Ryan Hoeffner (energy regulatory); partner Matthew Dobbins, counsel Brandon Tuck and associate Kelly Rondinelli (environmental); senior associate Megan Menniti (energy transactions); partner Jason McIntosh and associate Tyler Underwood (tax); partner Sean Becker and associate Andrew Cox (labor/employment); partner David D’Alessandro, counsel Regina Ibarra and associate Brian DeShannon (executive compensation/benefits); partner Darren Tucker and senior associate Ryan Will (antitrust); partner Sarah Mitchell (insurance); counsel Scot Dixon (real estate); and counsel Jamie Leader and associate Molly McDonald (litigation).

ARM’s Outside Counsel: Eversheds Sutherland (US) led by partners Ram Sunkara in Houston and Kyle Wamstad in Atlanta as well as Jeff Stuart and Marty Hopkins from Austin and Duggan Baker from Houston

Tailwater Capital commits equity to Renovo Resources

Deal Description: Dallas-based Tailwater Capital announced April 4 an equity commitment in Renovo Resources, a newly created company that will develop greenfield produced water treatment projects across North America. Renovo will provide turnkey produced water treatment solutions to customer in the energy and industrial sectors. Led by CEO Lnsp ‘Naggs’ Nagghappan, Renovo expects executing on several commercial opportunities to support customers, municipalities and communities to address water needs. The company will operate from its headquarters in Irvine, California. Renovo’s environmentally sustainable solutions will treat produced water for beneficial reuse.

Tailwater’s Outside Counsel: Kirkland & Ellis led by corporate partners Kevin Crews in Houston and Tony Johnston in Dallas and Dallas associate Brock Baker; executive compensation partner Stephen Jacobson in Houston and Dallas associate Karsten Busby; New York labor & employment partner R.D. Kohut; and Houston tax partner David Wheat.

Renovo Management’s Outside Counsel: Akin Gump Strauss Hauer & Feld led by Dallas corporate partner Jesse Betts and Dallas funds counsel Marc Lombardi; labor and employment partner Brian Patterson and tax partner Julia Pashin, both in Dallas

Max Energy purchases Southcross gas pipeline

Deal Description: Houston-based pipeline company Max Energy announced April 4 the purchase of the upper Gulf Coast pipeline system from Southcross Gulf Coast Transmission Ltd., a unit of Southcross Energy GP.  Terms weren’t disclosed. The acquisition will add another 328 miles of existing pipeline to the transportation, terminaling and loading infrastructure Max is putting together on the Texas Gulf Coast. Max was founded by Houston real estate developer Todd Edwards and British financier Azad Cola.

Southcross’ Outside Counsel: Shearman & Sterling including partners Sarah McLean and Todd Lowther and associate Erin Kaufman

Max’s Outside Counsel: Greenberg Traurig including William Garner in Houston

GP Properties forms JV to acquire real estate in NYC

Deal Description: GP Properties formed a joint venture to acquire a mixed-use real estate asset located in Midtown in New York City. GP is a Manhattan-based full-service real estate management and development company that specializes in New York real estate. The company also manages properties throughout the U.S. and internationally.

GP’s Outside Counsel: Greenberg Traurig led by corporate shareholder Steven E. Bartz in Dallas and real estate shareholder David Freylikhman based in the firm’s New Jersey and New York offices. The team also included tax shareholder Labry Welty in Texas, corporate of counsel Michele A. Kulerman in New York and associate Margaret Kim Heitjan in Dallas and real estate associate Daniela Krinshpun in New Jersey.

Caliche closes on sale of natural gas liquids storage business

Deal Description: Caliche Development Partners closed in March on the sale of its natural gas liquids storage business, Coastal Caverns. Terms and the buyer were not disclosed, although the Houston Business Journal reported it was Energy Transfer citing sources. Caliche said the transaction reflects a positive realization of the partnership with Energy Spectrum Capital to expand and improve energy infrastructure in North America through development and acquisition. The sale will enable the Houston-based Caliche to concentrate on its low-carbon storage solutions in Jefferson County, on the Gulf Coast and beyond, from carbon sequestration to the subsurface storage of other industrial gases like hydrogen that support the energy transition.

Energy Spectrum/Caliche’s Outside Counsel: Willkie Farr & Gallagher led by partners Archie Fallon and Jay Hughes in Houston

Canadian Solar’s Recurrent Energy, Matrix Renewables buys California solar project

Deal Description: Canadian Solar Inc., through Recurrent Energy, and TPG Rise-backed Matrix Renewables announced April 7 an agreement in which Matrix will acquire the Gaskell West 2 and 3 solar and energy storage project. Terms were not disclosed. The Gaskell West 2 and 3 project is in Kern County, California, and is fully contracted holding five long term power purchase agreements with cities and utilities in California. The solar plus storage project is expected to reach commercial operation in late 2022 and will generate enough clean and low-cost electricity to power around 16,800 California homes and displace approximately 178,500 metric tons of carbon emissions each year.

Matrix’s Outside Counsel: Norton Rose Fulbright led by M&A partner Becky Diffen and including M&A attorneys Raquel Bierzwinsky, Megan Savage and Shaileen Berlas, tax attorneys Keith Martin and Sol Kwon, energy regulatory attorneys Caileen Gamache, Christopher Psihoules and Randi Rymut, environmental attorney Bob Greenslade, real estate attorneys Jarret Stephens, Eli Gaylor and Josh Morton and EPC and Procurement attorneys Luke Edney and Jeremy Tripp

Sentinel Capital acquires SPL

Deal Description: Sentinel Capital Partners, a private equity firm that invests in mid-market companies, announced April 8 its acquisition of SPL, a leader in testing, inspection and certification services for energy and environmental markets. Terms were not disclosed. SPL serves 1,700 customers, including some of the largest global energy companies. SPL operates 22 lab testing and service centers that analyze hundreds of thousands of samples annually for physical and chemical composition of hydrocarbons, lubricants and wastewater. Its service centers house 250 technicians who inspect, install and maintain field measurement systems for customers. SPL also offers digital services, including production allocation, flow assurance and data management, and helps customers maintain environmental, social and governance standards through its water testing labs.

SPL Management’s Outside Counsel: Morgan Lewis led by corporate partner Sameer Mohan and executive compensation/benefits partner Patrick Rehfield and including tax partner Richard Zarin (tax), corporate associates Randall Bentley and Kelsey Warren and benefits associate Timothy Durbin.

CAPITAL MARKETS/FINANCINGS

Targa Resources prices $1.5B offering of notes, announces tender for its 5.875% senior notes

Deal Description: Targa Resources Corp. announced March 23 it priced a $1.5 billion offering of senior notes. It included $750 million of its 4.200% senior notes due 2033 and $750 million of its 4.950% senior notes due 2052 at a price to the public of 99.815% and 99.333% of their face value. The company intends to use a portion of the net proceeds to fund the previously announced purchase of 5 7/8% senior notes due 2026 of Targa Resources Partners or fund the previously announced redemption of any 2026 notes not purchased in the tender offer. The remaining net proceeds will be used to repay a portion of the amounts outstanding under the company’s revolving credit facility.

Underwriters’ Outside Counsel on Both: Gibson Dunn led by partner Doug Rayburn and including associates Jonathan Sapp and Zain Hassan and partner James Chenoweth on tax

Targa’s Outside Counsel: Vinson & Elkins advised Targa with a team led by Thomas Zentner and David Stone and counsel Jessica Lewis, with assistance from associates Nate Richards and John Frey. Also advising were senior associate Caitlin Snelson and associate Taylor Daily (finance); partner Jim Meyer and associate Adam Bateman (tax); counsel Larry Pechacek (environmental); and partner Damien Lyster and senior associate Victoria Galvez Godfrey (energy regulatory).

Earthstone pricing private offering of $550M of notes

Deal Description: Earthstone Energy Inc. announced April 7 that its subsidiary Earthstone Energy Holdings priced the previously announced private offering of $550 million in 8.0% senior unsecured notes due 2027. The notes will be guaranteed on a senior unsecured basis by Earthstone Energy Inc. and Earthstone Energy Holdings’ domestic subsidiaries that guarantee Earthstone Energy Inc.’s obligations under the credit agreement that governs its revolving credit facility. The Notes offering is expected to close on April 12. Earthstone Energy Inc. intends to use the net proceeds to repay a portion of the outstanding borrowings under its revolver and any remainder for general corporate purposes.

Initial Purchasers‘ Outside Counsel: Latham & Watkins led by Austin corporate partners Michael Chambers and David Miller and Houston partner Monica White, with Houston associate Michael Pascual, Austin associate David Socol de la Osa and Houston associate Dylan White. Advice was also provided on tax matters by Houston partner Bryant Lee with Houston associate Michael Rowe; and on environmental matters by Los Angeles counsel Joshua Marnitz.

Earthstone’s Outside Counsel: Vinson & Elkins advised with a corporate team led by partners Douglas McWilliams and David Stone and senior associate Andrew Schulte, with assistance from associates Johnathan Nixon, Shane Copelin and Terrence Ogren. Also advising were partners Wendy Salinas and Lina Dimachkieh and associate Tyler Underwood (tax); partner James Longhofer and associates Cole Renicker and Joe Higdon (finance); partner David D’Alessandro, counsel Heather Johnson and senior associate Melissa Spohn (executive compensation and benefits); and partner Matthew Dobbins and associate Ryan Vanderlip (environmental).

Hess Midstream prices $400M in notes

Deal Description: Hess Midstream Operations, a consolidated subsidiary of Hess Midstream, announced April 5 it priced $400 million of 5.500% senior unsecured notes due 2030 at par in a private offering. Hess Midstream intends to use the net proceeds to repay the borrowings under its revolving credit facility used to finance the previously announced repurchase by the Issuer of 13,559,322 Class B units from affiliates of Hess Corp. and Global Infrastructure Partners. The offering is expected to close on April 8.

Hess Midstream’s Outside Counsel: Latham & Watkins led by Austin partner David Miller, Houston partner Thomas Brandt and Austin partner Bill Finnegan with Austin associates Pia Kaur and Katherine Medler and Houston associates Anthony Tan and Anji Yuan; on tax Houston partners Tim Fenn and Bryant Lee with Houston associate Marianne Standley; and on environmental matters by Los Angeles counsel Josh Marnitz.

Veritex Holdings offers stock worth $164M

Deal Description: Veritex Holdings Inc. offered shares of its common stock resulting in gross proceeds of $164 million. Keefe, Bruyette & Woods, a Stifel unit, and Goldman Sachs & Co. served as the joint book-running managers for the offering and Raymond James & Associates Inc. was passive book-running manager. Headquartered in Dallas, Veritex is a bank holding company that conducts banking activities through its wholly owned subsidiary, Veritex Community Bank, with locations throughout the Dallas-Fort Worth metroplex and in Houston. Veritex is a Texas state chartered bank regulated by the Texas Department of Banking and the Board of Governors of the Federal Reserve System.

Underwriters’ Outside Counsel: Bracewell including partners Will Anderson and Don J. Lonczak, counsel Ian R. Brown and associates Caroline E. Ellis

Veritex’s Outside Counsel: Skadden in New York including partner Michael J. Zeidel and associate Victoria R. Hines

Denali prices $75M IPO

Deal Description: Denali Capital Acquisition Corp. announced April 6 the pricing of its initial public offering of 7.5 million units at a price of $10 per unit. The units began trading with NASDAQ on April 7 under the symbol DECAU. The company has granted the underwriters a 45-day option to purchase up to 1.125 million more units at the IPO price to cover any over-allotments. US Tiger Securities Inc. and EF Hutton, a unit of Benchmark Investments, were the joint book-running managers in the offering. Craig-Hallum Capital Group was the qualified independent underwriter. Denali Capital Acquisition Corp. is a blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. It intends to focus on technology, hospitality and consumer services sector.

US Tiger’s Outside Counsel: Winston & Strawn led by partner Mike Blankenship in Houston and including partner James Brown and associates Robbie Oakes and Kate Schorken, also of Houston

Broadway Bancshares offers $50M in subordinated notes

Deal Description: Broadway Bancshares Inc. offered a $50 million private placement of 3.75% fixed-to-floating rate subordinated notes due 2032. Piper Sandler & Co. was the sole placement agent. Broadway Bancshares is a $5.3 billion private bank holding company headquartered in San Antonio. Broadway has been family-owned since it was founded in 1941. Broadway serves the communities of the San Antonio and Austin markets through traditional banking products for institutional and retail clients.

Piper Sandler’s Outside Counsel: Bracewell including partners Will Anderson and associates Shannon Baldwin and Alexandra Crai

Broadway’s Outside Counsel: Fenimore Kay Harrison including chairman Chet Fenimore in Austin and Pam Gates O’Quinn in Dallas and attorney Will Wilson in Austin

ADDENDA:

Austin-based Next Coast Ventures announced March 29 the closing of $310 million in capital across three different funds, including Next Coast Ventures III ($195 million), opportunity fund NCV Select I (a $50 million to support companies from Funds I, II and III) and Next Coast ETA ($65 million for entrepreneurs to acquire, manage and exit businesses). With a focus on entrepreneurs, Next Coast has become one of the fastest-growing venture capital firms in Texas, raising more than $500 million in just six years. It’s currently invested in Everly Health, ICON, GOJA, Enboarder and UpEquity, among others. Its exits have included AlertMedia (it sold a controlling stake to Vista Equity Partners in March 2021); Tenfold (sold to LivePerson in October 2021); Chargeback (sold to Sift in May 2021); and Navegate (sold to Radiant Logistics in December 2021). Other notable exits include Clarity Money (sold to Goldman Sachs in 2018), OnRamp (sold to LightEdge in 2018) and Dosh (sold to Cardlytics in 2021).

Next Coast’s Outside Counsel: Cooley Godward including partner John Dado, special counsel Casey Schulte and paralegal Josie Borrego, all of California

Note: This story has been updated with the names of 27 lawyers that were late submissions to the column.