CDT Roundup: 19 Deals, 22 Firms, 325 Lawyers, $8.5B

In case you missed last week’s announcement, this will be Claire Poole’s last Roundup. After seven years with The Lawbook, she’s leaving to pursue a well-earned retirement.

For more on the subject be sure to check out our profile of her storied career. Just click on her portrait.

To say she will be missed would be an understatement. She created The Roundup, setting a standard in the process that, going forward, we will do our best to emulate.

But let’s also note that nothing will change about the submission process. Please continue to send your deals to CDTRoundup@texaslawbook.net for potential daily coverage or inclusion in The Roundup. Deals that are dated, or intended for league tables only, should be submitted through our deal submission portal, which can be found here.

We know that you will miss Claire as much as we will, but we’re going to do our best to keep vibrant what she created. So, stay in touch with any news, suggestions, questions or problems. You know where to find us.

The week ending Aug. 23 saw 19 deals valued at $8.5 billion. The week prior saw 25 deals for just under $50 million, but that included Mars’ $36 million acquisition of Kellanova. That’s why The Lawbook favors deal volume over deal value when quantifying the pulse of transactional markets; one megadeal outlier can photobomb a market snapshot. And in case you’re wondering, this same week last year saw 17 deals for $11 billion.

It was a week that may not have been spectacular, but it was pretty darned busy.

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
10-May-2025	24	$33,175	16	206	19	$30,765	5	$2,410
03-May-2025	11	$4,249	13	90	11	$2,226.5	2	$2,022.5
26-Apr-2025	12	$8,787	9	168	9	$6,011	3	$2,776
19-Apr-2025	11	$8,097	7	138	9	$7,985	2	$112
12-Apr-2025	13	$2,392	8	152	10	$2,065	3	$327
05-Apr-2025	19	$27,762	15	188	16	$25,473	3	$2,289
29-Mar-2025	21	$8,188	10	258	16	$4,125	5	$4,064
22-Mar-2025	19	$6,485	14	231	15	$4,128	4	$2,857
15-Mar-2025	13	$13,737	13	151	10	$9,932	4	$3,805
8-Mar-2025	7	$2,234	5	66	5	$224	2	$2,100
1-Mar-2025	11	$3,050	8	75	10	$2,550	1	$500
24-Feb-25	12	$16,397	7	149	6	$6,635	6	$9,862
17-Feb-25	17	$12,136	13	134	10	$9,411	2	$2,725
10-Feb-25	14	$7,154	9	179	9	$4,950	5	$2,204
3-Feb-25	16	$10,068	7	200	11	$7,553	5	$2,515
25-Jan-25	14	$10,261	10	125	9	$2,207	5	$8,054
18-Jan-25	19	$7,382	15	316	12	$2,300	7	$5,082
11-Jan-25	21	$33,560	16	187	16	$32,521	5	$1,039
4-Jan-25	9	$6,827	9	80	9	$6,827	0	0
21-Dec-24	11	$2,798	11	92	8	$2,229	3	$570
14-Dec-24	15	$5,323	12	186	12	$3,812	3	$1,511
07-Dec-24	16	$4,766	10	231	11	$2,321	5	2,445
30-Nov-24	10	$10,291	9	103	4	$8,290	6	$2.001
23-Nov-24	15	$4,553	15	153	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	23	$26,616	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

Arch Resources, CONSOL Energy to combine in $2.8B deal

Deal Description: Coal producers Arch Resources and CONSOL Energy Inc. announced Wednesday a $2.8 billion merger of equals to create Core Natural Resources. The merger is expected to close by the end of the first quarter of 2025 if it passes muster with both companies’ stockholders and regulators. The newly created company will combine mining operations across six states producing metallurgic and high calorific value thermal coals for global export. On a pro forma basis, Core Natural Resources would have a market capitalization of around $5.2 billion. The companies had combined revenues of $5.7 billion for 2023 and adjusted EBITDA of $1.8 billion. Latham & Watkins and Gibson, Dunn & Crutcher advised Arch and Wachtell, Lipton, Rosen & Katz and McGuireWoods assisted CONSOL. See our daily coverage here.

Quantum buys oil, gas operations from Caerus for $1.8B

Deal Description: Houston private equity firm Quantum Capital Group and Denver-based Caerus Oil and Gas announced Aug. 19 the closing of a transaction in which Quantum — via two separate portfolio companies — acquired Caerus’ oil and gas operations for about $1.8 billion, including the assumption of asset-backed securities and other liabilities. Caerus is backed by Oaktree Capital Management, the Anschutz Corp. and Old Ironsides Energy. Newly formed QB Energy is buying the Piceance Basin assets while existing Quantum company Koda Resources is acquiring the Uinta Basin assets. Vinson & Elkins provided legal advice to Quantum, QB Energy and Koda. Caerus tapped Davis Graham & Stubbs and Latham & Watkins. For more on the story, click here on see our daily coverage.

Enterprise acquires Piñon Midstream for $950M

Deal Description: Houston-based Enterprise Products Partners and Piñon Midstream, which is backed by Black Bay Energy Capital, announced Aug. 21 that Enterprise’s affiliate entered into a definitive agreement to acquire Piñon Midstream in a debt-free transaction for $950 million in cash. Piñon Midstream provides natural gas gathering and treating services in the core of the prolific eastern flank of the Delaware Basin in New Mexico and Texas. Piñon Midstream’s assets include about 50 miles of natural gas gathering and redelivery pipelines, five compressor stations, 270 million cubic feet per day (MMcf/d) of existing hydrogen sulfide and carbon dioxide treating facilities with an expansion to 450 MMcf/d of capacity expected to be completed in the second half of 2025, and two of the highest capacity and deepest acid gas injection (AGI) wells in the basin. As part of this transaction, Enterprise is evaluating locations for a third injection well that would support up to 750 MMcf/d of total treating capacity. The business is supported by fee-based contracts with long-term acreage dedications, including minimum volume commitments.

Piñon Midstream’s monitoring, reporting, and verification (MRV) plan for permanent sequestration of carbon dioxide in its two AGI wells located at its Dark Horse Treating Facility in Lea County, New Mexico, was approved by the Environmental Protection Agency in June. The MRV approval satisfies a major requirement for 45Q tax credit eligibility. Enterprise estimates this area of the Delaware Basin, largely comprised of Lea County, New Mexico, and Winkler County, Texas, has more than 7,500 remaining well locations and has access to at least six geologic production benches. Drilling activity in this area has generally been restricted due to the lack of sour natural gas treating and acid gas injection well capacity as well as the lengthy permitting process for acid gas injection wells which can take up to two years. The transaction is expected to be funded using cash on hand and borrowings under Enterprise’s existing commercial paper and bank credit facilities.

Expected Closing: Q4 2024

Piñon Midstream’s Financial Advisor: Piper Sandler & Co.

Piñon Midstream’s Outside Counsel: Kirkland & Ellis with a team led by corporate partners Bill Benitez and Alec Manzer and associates Austin Johnson, Dallin Miller and Jake Moeller. The group also included tax partners David Wheat and Sam Kamyans and associate David Gilbert; executive compensation partner Stephen Jacobson and associate Maddison Riddick; environmental transactions partner Jim Dolphin; antitrust and competition partner Todd Garcia; corporate partner Chad Smith; labor and employment partner Christie Alcala; and employee benefits partner Justin Coddington.

Enterprise’s Outside Counsel: Locke Lord and Sidley Austin. The Locke Lord team was led by Joe Perillo, Rachel Fitzgerald and Terry Radney in Houston with assistance by Jerry Higdon, Sara Longtain, Ed Razim, Buddy Sanders, Hunter Summerford, Shumaila Dhuka, Shaylen Jessop, Ashley Lopez, Marshall Moorhouse, Tyler Self and Case Towslee, also of Houston.

Tactical Resources in $589M de-SPAC merger with Plum Acquisition III

Deal Description: Canadian mining investor Tactical Resources Corp., with designs on the production of Rare Earth Elements from a quarry in West Texas, announced Aug. 23 its intent to go public through a de-SPAC merger with Plum Acquisition Corp. III. The deal values the combined company on an enterprise basis at $589 million. Plum III is a successor blank check company to Alpha Partners Technology Merger Corp., which launched its IPO in July 2021, grossing $282.5 million. In December 2023, unable to secure its announced merger with 3-D printer maker GlowForge, Alpha decided to liquidate its trust fund, redeem investments to interested shareholders and recapitalize. In January the company completed its transition, selling its sponsor’s stake to Mercury Capital for $1, changing its name to Plum Acquisition Corp. III with an extended merger deadline of January 2025.

Plum III Financial Advisors: Cohen & Company Capital Markets

Plum III Outside Legal Counsel: Hogan Lovells US; Aird & Berlis

Tactical Resources Financial Advisors: Jett Capital is exclusive financial advisor, lead capital markets advisor and co-placement agent.

Tactical Resources Outside Counsel: McMillan and A&O Shearman

The A&O Shearman team is led from Dallas by partner Alain Dermarkar and New York by partners Romain Dambre and Thomas Mastoras with support from Dallas associates John Kurtz, Dillon Tan and Elizabeth Robishaw.

Gran Tierra Energy acquires i3 Energy for $225.4M

Deal Description: Calgary-based Gran Tierra Energy Inc. announced Aug. 19 it agreed to acquire the entire issued and to be issued share capital of i3 Energy og the U.K. for $225.4 million. Under the terms of the deal, each i3 Energy shareholder will be entitled to receive one new Gran Tierra share for every 207 i3 Energy shares and 10.43 pence cash per i3 Energy share. Each i3 Energy shareholder also will be entitled to receive a cash dividend of 0.2565 pence per i3 Energy share in lieu of the ordinary dividend for the three months ending Sept. 30. Following completion, i3 Energy shareholders will own up to 16.5 percent of Gran Tierra.

Expected Closing: Q4 2024

Gran Tierra’s Outside Counsel: Ashurst (UK legal adviser); Stikeman Elliott (Canadian legal adviser); and Gibson, Dunn & Crutcher (U.S. legal adviser) led by partner Hillary Holmes and including of counsels Rodrigo Surcan and Justine Robinson and associate To Nhu Huynh

i3 Energy’s Outside Counsel: Burness Paull (UK) and Norton Rose Fulbright Canada (Canadian)

Industry Bancshares executes $195M stock purchase agreement with CSBH

Deal Description: Alston & Bird said Aug. 21 it represented Industry Bancshares Inc., a Texas-based bank holding company, on its stock purchase agreement with CSBH, a Virginia-based bank holding company, as the lead investor in its $195 million common stock raise. The deal was announced Aug. 19. CSBH is the parent company of Virginia-based New Horizon Bank. Industry Bancshares owns six main banks in Industry, Brenham, Bellville, Fayetteville, Shiner and Buffalo. Industry Bancshares found itself in a deep hole after rising interest rates tanked the value of its sizable bond portfolio, American Banker reported Aug. 21.

From AB: Sanford Brown, J.P. Mahoney and Stephan Harris in Dallas as well as Brett Coburn and Kerry Wenzel in Atlanta

Placement Agent/Financial Advisor: Hovde Group

CSBH’s Investment Advisor: Clear Street

CSBH’s Legal Counsel: Baker Donelson

SPAC AlphaVest combines with AMC in $175M deal

Deal Description: Winston & Strawn said Aug. 19 it is representing AlphaVest Acquisition Corp. (ATMV), a special purpose acquisition company, on its merger with AMC Corp., a provider of native computer vision AI platforms. The transaction, announced Aug. 19, will be structured as a business combination with AlphaVest’s wholly owned subsidiary, AV Merger Sub, and is expected to result in AMC stockholders receiving shares of AlphaVest’s capital stock valued at $175 million. The boards of directors of both AlphaVest and AMC have approved the transaction, which is anticipated to close in the fourth quarter of 2024, pending regulatory and stockholder approval, as well as satisfaction of other customary closing conditions.

From WS: The team was led by partner Mike Blankenship in Houston and included Susan Deng, of counsel, Shanghai; Jon Bodle, associate, Houston, Allan Jeanjaquet, associate, Houston; Mary Johnson, associate, Houston; and Emily Semon, associate, Dallas.

AMC’s Outside Counsel: Graubard Miller

AMC’s Financial Advisor: Revere Securities

ATMV’s Financial Advisor: Small Seashell Ltd.

Bitfarms buys Stronghold Digital Mining for $175M

Deal Description: Bitfarms Ltd., a vertically integrated Bitcoin data center company, and Stronghold Digital Mining Inc. announced Aug. 21 they entered into a definitive merger agreement under which Bitfarms will acquire Stronghold in a stock-for-stock merger transaction worth $125 million in equity value plus $50 million in assumed debt. Under the terms, Stronghold shareholders will receive 2.52 shares of Bitfarms for each share of Stronghold they own, representing consideration per share of $6.02 and a 71 percent premium to the Stronghold 90-day volume-weighted average price on Nasdaq as of Aug. 16. At close, Stronghold shareholders are expected to own just under 10 percent of the combined company based on the current issued and outstanding shares of each company. The parties claim the deal delivers compelling transaction economics while achieving an estimated $10 million in annual run-rate cost synergies.

Expected Closing: Q1 2025 if the deal clears Stronghold shareholders and regulators

Bitfarms’ Financial Advisor: Moelis & Co. to board’s special committee; Houlihan Lokey Capital, Inc. delivered a fairness opinion

Bitfarms’ Outside Counsel: Skadden, Arp, Slate, Meagher & Flom outside Texas as well as McMillan, Peterson McVicar, Fasken Martineau DuMoulin and Firm 21m

Stronghold’s Financial Advisor: Cohen & Co. Capital Markets, a division of J.V.B. Financial Group

Stronghold’s Outside Counsel: Vinson & Elkins along with Blake, Cassels & Graydon. From V&E: The team was led by partners Alex Robertson and Steve Gill with assistance from associates Luke Strieber, Griff Kimball and Bennett Robinson. Other members included partners Shelley Barber and Daniel LeBey, counsel Lucy Liu and associate Glen Taylor; partner Tzvi Werzberger and counsel Carter Olson; partners Ryan Carney and Jason McIntosh, counsel Allyson Seger, senior associate Curt Wimberly and associate Katie Dillard ; partner Shane Tucker, associate Matt Green, senior associate Nicole Waterstradt and associate Morgan Whittlesey; partner John Decker and associate Reagan Lutter; partner Courtney Hammond and senior associate Mark Kramer; partner Sean Becker and associate Jordan Peck; partners Jeffrey Crough and Jeremy Marwell; partner Matt Dobbins and associate Kelly Rondinelli; partners Ramey Layne and Sarah Mitchell; partner Hill Wellford and counsel Evan Miller; partner Lauren Kanzer; counsel Rajesh Patel and associate Haley Titcomb; partner Fry Wernick, counsels Elizabeth McIntyre and Brian Howard and senior associate Pete Thomas.

Diversified Energy completes $106M Crescent Pass acquisition

Deal Description: Gibson, Dunn & Crutcher said Aug. 19 it advised Birmingham, Ala.-based Diversified Energy Co. on its acquisition of high-working interest, operated natural gas properties and related facilities within eastern Texas from Crescent Pass Energy. The purchase price was $106 million before customary purchase price adjustments, $101 million after. Houston-based Crescent Pass is a private exploration and production company financially backed by Talara Capital Management. 

From GD: The corporate team was led by partner Rahul Vashi and included associates Graham Valenta, Kene Obi, Joseph Kmetz, Michael Holmes and Mariana Lozano. Partner Hillary Holmes, of counsel Justine Robinson and associates Adri Langemeier and Caroline Bakewell advised on capital market aspects, partner Michael Cannon and associate Josiah Bethards on tax, partner Krista Hanvey and associate Lucy Hong on benefits and partner Peter Modlin on environmental.

Diversified Energy, undisclosed purchaser buy East Texas assets for $87M

Deal Description: Kirkland & Ellis said Aug. 20 it counseled the seller of natural gas properties in east Texas on a purchase and sale agreement with Diversified Energy Co. The assets contain a significant proved developed producing component of about $68 million that will be purchased by Diversified. Concurrently, an active third-party development company with operations in the area will purchase an additional amount of undeveloped acreage with a value of approximately $19 million, the majority of which will be purchased by the development company, with Diversified maintaining only a minority 5 percent interest for $1 million in consideration. The total purchase price to the seller, inclusive of both the PDP assets and undeveloped acreage, is around $87 million before customary purchase price adjustments. 

From KE: The team was led by corporate partner Chris Heasley and associates Jarrod Gamble, Luke Strother and Lyle Paul; and capital markets partner Michael Rigdon.

Diversified’s Outside Counsel: Gibson Dunn with a corporate team led by partner Rahul Vashi and includes associates Joseph Kmetz and Mariana Lozano. Partner Hillary Holmes and of counsel Justine Robinson are advising on capital markets aspects, partner Michael Cannon and associates Josiah Bethards and Nathan Sauers on tax and partner Krista Hanvey and Lucy Hong on benefits.

Buckhorn Production buys East Texas Assets

Deal Description: Chamberlain Hrdlicka said Aug. 21 it represented Buckhorn Production, a privately funded oil & gas production company, on its acquisition of substantially all assets of an independent energy and technology company located in various counties in East Texas. Terms weren’t disclosed. Focused on the acquisition and exploitation of mature oil and gas fields, Buckhorn now operates in multiple counties across East Texas and New Mexico Permian. The transaction represents a new basin entry for Buckhorn and was the largest acquisition for the company to date, enhancing its operational portfolio to more than 550 wells, producing 50 million cubic feet of gas per day and more than 2,000 barrels of oil per day.

From CH: A Houston-based team led by Jarrod Martin, Jack Najarian and Habeeb “Hobbs” Gnaim with assistance by attorneys Michael Riordan (bankruptcy and restructuring), Marianne Standley (tax planning and business transactions), Matt Stirneman (banking/finance) and Greg Henson, Jack Li and Will Cowan (corporate)

Sixth Street backs Caliche

Deal Description: Caliche Development Partners, which is focused on the acquisition, development and operation of natural gas and industrial gas storage assets as well as carbon sequestration, announced Aug. 20 that it is now backed by Sixth Street, a San Francisco-based investment firm. Terms weren’t disclosed. Caliche’s previous partners were Orion Infrastructure Capital and GCM Grosvenor. Sixth Street’s majority investment includes Caliche’s Golden Triangle Storage (GTS) facilities and carbon sequestration development project in Beaumont, Texas, and its Central Valley Gas Storage facilities in Princeton, Calif. Sixth Street’s investment provides Caliche with additional resources to pursue new opportunities and to expand the GTS complex, including two natural gas caverns in which Caliche recently received a blanket certificate under section 7(c) of the Natural Gas Act. Caliche’s staff, including CEO Dave Marchese, will be staying on. Founded in 2009, Sixth Street has more than $75 billion in assets under management and committed capital.

Expected Closing: The Texas business in late 2024 and California business in mid-2025 if they clear necessary state regulatory approvals.

Caliche’s Financial Advisor: Barclays

Caliche’s Outside Counsel: Willkie Farr & Gallagher with a team led by partners Archie Fallon and included partners Kris Agarwal and Ryan Giggs and counsel Emerson Girardeau

Sixth Street’s Financial Advisor: Wells Fargo

Sixth Street’s Outside Counsel: Vinson & Elkins with a team led by partners Matt Falcone and Francisco Morales Barron, with assistance from partner Kaam Sahely, senior associate Michael Zarcaro, associates Zach Parker, Drew Clements, Brian Park, Joseph Balhoff, Brian Broussard, Chris Chiavaroli and Fon Kunanusorn. Also advising were partner Sarah Mitchell, senior associate Alexander Baker, and associate Janae Wilson (insurance);  partner Mark Holmes, counsel Zach Banks, associate James Payne, and senior property rights analyst Robert Jowers (finance);  partner David Peck and associate Sarah Coe (tax); partner John Decker and senior associate Andrew DeVore (regulatory); counsel Corinne Snow and associate Kevin Moscon (environmental); partners Shane Tucker, Patricia Adams, senior associate Nicole Waterstradt, associate Keira Kuntz (executive compensation/benefits); partner Sean Becker and associates Peter Goetschel and Ashley Plunk (employment/labor); partner Hill Wellford and counsel Evan Miller (antitrust); counsel Rajesh Patel and associate Haley Titcomb (technology transactions/IP); and counsel Hal Taylor and senior associate Callie Poorman (real estate).

Vistria acquires Soliant Health

Deal Description: Winston said Aug. 19 it represented the Vistria Group on its acquisition of Atlanta-based Soliant Health, a provider of workforce solutions in K-12 school districts and healthcare facilities throughout all 50 states. Terms weren’t disclosed on the deal, which was announced July 29. This is Vistria’s 14^th company acquisition for its Knowledge & Learning Solutions portfolio, which the firm said illustrates its continued focus on supporting school districts and will enhance Soliant’s growth initiatives and market leading position in the K-12 space.

From Winston: The deal team was led by Tim Kincaid, a partner in Chicago, but included Lauren Lieberman, an associate in Dallas.

Soliant’s Financial Advisor: JP Morgan Securities.

Vistria’s Financial Advisor: Robert W. Baird & Co. and Goldman Sachs & Co.

Lincoln Property invests in Centennial

Deal Description: Lincoln Property Co., a full-service real estate firm, announced Aug. 13 an investment in the operating business of Dallas-based Centennial, a national retail real estate owner and operator. Terms weren’t disclosed. The partnership provides Centennial with the capital and resources to accelerate its national expansion while positioning Lincoln for new mixed-use development opportunities.Founded in 1997, Centennial operates more than 23 million square feet of retail and mixed-use properties in premier markets across 18 states. The company has 300 employees nationwide. The partnership will evaluate opportunities to acquire, reposition and redevelop underperforming real estate. The move underscores Lincoln’s focus on the retail sector, which includes the company’s joint venture with retail investment firm Paragon Commercial Group.

Lincoln’s Outside Counsel: Winston with a group led by partner David Lange in Dallas and including Andrew Betaque, Miles McDougal, Matt Stockstill, Shane Blackstone, Matthew Olson, Ben Chrisman, Andrew Homann and Tristan Kirk

HID acquires Sewio Networks

Deal Description: Clifford Chance said Aug. 21 that it represented Austin-based identity solutions provider HID on its recent acquisition of Sewio Networks, a purveyor of ultra-wideband real time location systems for asset management, intralogistics and improved overall equipment effectiveness. Terms weren’t disclosed. The purchase, announced on Aug. 6, aims to enhance HID’s capabilities in asset management and smart factory automation within the industrial and automotive sectors. Founded in 2014 and based in Brno in the Czech Republic, Sewio Networks specializes in providing high-precision UWB RTLS platforms. Sewio operates branches or has collaborators in the U.K., Germany, Spain, Poland and the U.S.

From CC: The M&A team led by counsel Michal Jašek with support from associate Nikola Svobodová and included junior lawyers Petr Ryšina and Natálie Kurková in Prague. The Houston office was represented by partner Alexandra Wilde and associate Adebola Akisanya and the Düsseldorf office by senior associate Nicolas Hohn-Hein and associate Anika Vollborn.

Harrison Street acquires third of CPV Renewable Power

Deal Description: Competitive Power Ventures Group, a developer, owner and operator of utility-scale renewable and low emission electric generation, and Harrison Street, an investment management firm focused on alternative real assets with about $55 billion in assets under management, announced Aug. 18 that the firms intend to expand their strategic partnership, with Harrison Street executing an agreement to acquire a third of CPV Renewable Power, a CPV Group affiliate. Through this investment, Harrison will support and accelerate CPV Renewables’ expanding renewable energy development business, which includes nine operating and under construction projects. The projects total more than 700 megawatts of wind and solar capacity, enough to power over 570,000 households. CPV Renewables also identified a near-term pipeline totaling about 4 gigawatts of more than 15 wind, solar and co-located battery storage projects.

Harrison’s Outside Counsel: Sidley including Noreen Phelan/Partner/Energy and Infrastructure/Washington, D.C.; Mario Samos/Senior Managing Associate/Energy and Infrastructure/Houston; Scott J.F. Goldstein/Counsel/Insurance/Chicago; Terence T. Healey/Partner/Energy and Infrastructure/Boston; John T. Schaff/Partner/Tax/Chicago; Tyler J. Replogle/Senior Managing Associate/Tax/Washington, D.C.; and Kiana N. Shin/Associate/Energy and Infrastructure/Houston

CAPITAL MARKETS/FINANCINGS

Westerm Midstream prices $800M notes offering

Deal Description: Western Midstream Partners announced Aug. 15 that its subsidiary, Western Midstream Operating, priced an offering of $800 million in 5.45% senior notes due 2034 at a price to the public of 99.743% of their face value. The offering was expected to close on Aug. 20. Net proceeds are antipated to be used to repay a portion of WES Operating’s maturing 3.100% senior notes due 2025 and 3.950% senior notes due 2025 and for general partnership purposes, including the funding of capital expenditures. TD Securities (USA), BofA Securities Inc., MUFG Securities Americas Inc. and PNC Capital Markets are book-running managers.

Underwriters’ Outside Counsel: Gibson, Dunn & Crutcher with a corporate team led by partners Hillary Holmes and Harrison Tucker and includes associates Malakeh Hijazi and Benjamin Blefeld

Western Midstream‘s Outside Counsel: Locke Lord with a team led by Jon Daly and Gislar Donnenberg (both of Houston). Additional assistance was provided by Joseph Chung (New York), John Arnold, Gerry Pels, Elizabeth Corey, Shumaila Dhuka and Jeremy Petersen (all of Houston), Tom Knight, Chris Hart (both of Washington, D.C.) and Tom Bohac and Hani Majeed (both of Chicago).

JELD-WEN completes $350M offering of notes

Deal Description: Charlotte-based JELD-WEN Holding Inc. announced Aug. 22 the completion of its offering of US$350 million of 7.000% senior unsecured notes due 2032 in a private placement. The notes are guaranteed by JELD-WEN Inc., the main operating subsidiary of JELD-WEN (JWI), and by each of JWI’s domestic subsidiaries that guarantee indebtedness under JWI’s term loan facility. The notes will mature on Sept. 1, 2032 unless earlier redeemed in accordance with their terms. JELD-WEN Holding Inc. is a designer, manufacturer and distributor of high-performance interior and exterior doors, windows and related building products serving the new construction and repair and remodeling sectors. The company operates facilities in 15 countries in North America and Europe and employs about 18,000 associates.

Initial Purchasers’ Outside Counsel: Latham & Watkins with a capital markets team led by Austin partners Samuel Rettew and David Miller with associates Conce Olivera, Sydney Verner and Don Izekor. Advice was also provided on environmental matters by Los Angeles/Houston partner Josh Marnitz with associate Nolan Fargo; and on tax matters by New York partner Aaron Bernstein with associate James Aldred.

SPAC SilverBox Corp IV prices $200M IPO

Deal Description: Austin-based SilverBox Corp IV announced Aug. 15 the pricing of its initial public offering of 20 million units at a price of $10 per unit. The units were expected to be listed for trading on the New York Stock Exchange under the ticker symbol “SBXD.U” beginning Aug. 16. Each unit consists of one of the company’s Class A ordinary shares and one-third of one redeemable warrant. Each whole warrant entitles the holder to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Company expects that its Class A ordinary shares and warrants will be listed on the New York Stock Exchange under the symbols ‘‘SBXD’’ and ‘‘SBXD.WS,’’ respectively. The company granted the underwriters a 45-day option to purchase up to 3 million additional units at the IPO price to cover any over-allotments. The offering was expected to close on Aug. 19. The company was formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses in any industry.

Book-Running Manager: Santander US Capital Markets

Underwriters’ Outside Counsel: A&O Shearman Sterling led by Ilir Mujalovic in New York but the team included Bill Nelson, John Menke, Judy Little and Daniel Kim in Texas and Jennifer Morton and Taylor Pugliese in New York

SilverBox’s Outside Counsel: Paul Hastings and Maples and Calder (Cayman)