CDT Roundup: Blackstone, TPG, Meta, Blue Owl Dominate a $61B Week

The week that ended Oct. 25 saw 19 deals reported with a total value of $61.4 billion. It’s a notch up from the $45 billion over 13 deals we reported last week. And a heckuva sight better than the eight deals for $3 billion we reported last year.

Sure, the value is skewed by $45 billion in two mega transactions involving Blackstone, TPG, Blue Owl and Meta — including a rare non-data center megadeal to take a women’s healthcare company private. But so what?

Last week’s value was skewed by a single $40 billion transaction the week prior. This week’s megadeals are simply two among six transactions valued above the billion-dollar mark.

Also reported last week, GE Vernova bought the other half of Prolec GE that it didn’t already own for nearly $5.3 billion; Houston’s CenterPoint Energy sold its Ohio natural gas distribution network for $2.6 billion; and JERA, Japan’s largest importer of LNG, acquired a natural gas field in the Haynesville Shale from Williams Cos for $1.5 billion.

This week in AI power deals has Brookfield Asset Management investing up to $5 billion in Bloom Energy’s advanced fuel cell technology for AI factories and Avride getting up to $375 million from Uber and Nebius Group to expand its robot delivery services and robotaxis that are expected to hit the streets of Dallas by year end.

And this week in crypto deals has another Cayman Islands SPAC acquiring a cryptocurrency trading platform with plans to buy $500 million of Solana tokens and another crypto exchange buying yet another exchange to specifically allow it to design and create markets for exchange-listed derivatives under the oversight of the CFTC.

There was also another Texas regional bank merger last week and a Dallas-based start-up got some seed funding to expand its solar tower technology. All that and more in the latest CDT Roundup.

Have a deal we should include next week?

The CDT Roundup is a regular feature from The Texas Lawbook highlighting the work Texas dealmakers are doing inside and outside the state.

Please let us know at CDTRoundup@texaslawbook.net by sharing a news release or a short blurb containing the date of the deal, a brief description, a link to any public announcement, the lead lawyers and their offices, as well as any Texas lawyers who advised on the deal.

Allen Pusey contributed to this report.

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
15-Nov-25	16	$16,373	11	136	8	$4,790	8	$11,583
08-Nov-25	21	$75,919	15	191	15	$70,630	6	$5,289
01-Nov-25	20	$25,927	12	152	14	$21,455	6	$4,472
25-Oct-25	19	$61,470	14	262	18	$60,894	1	$576
18-Oct-25	14	$47,792	12	130	13	$46,592	1	$1,200
11-Oct-25	14	$17,361	9	104	7	$14,444	7	$2,917
04-Oct-25	21	$20,843	15	236	10	$15,376	11	$5,467
27-Sept-25	16	$22,774	12	219	10	$19,103	6	$3,671
20-Sept-25	24	$11,305	13	238	16	$6,209	8	$5,096
13-Sept-25	20	$26,575	11	225	12	$20,971	8	$5,604
06-Sept-25	19	$8,622	12	190	13	$2,880	6	$8,622
30-Aug-25	10	$6,569	9	109	7	$3,519	3	$3,050
23-Aug-25	23	$15,207	10	129	18	$14,500	5	$707
16-Aug-25	13	$26,405	12	149	7	$3,180	6	$23,225
09-Aug-25	19	$16,066	16	245	15	$11,307	4	$4,759
02-Aug-25	17	$19,480	11	104	13	$18,002	4	$1,478
26-Jul-25	15	$3,164	12	96	12	$3,0023	3	$162
19-Jul-25	14	$6,080	14	97	9	$4,165	5	$1,915
12-Jul-25	15	$13,012	14	208	12	$10,902	3	$2,110
05-Jul-25	9	$15,778	8	91	4	$7,280	5	$8,498
28-Jun-25	13	$7,777	8	154	7	$2,031	6	$5,746
21-Jun-25	16	$5,984	10	113	11	$3,087	5	$2,897
14-Jun-25	9	$478	8	133	6	0	3	$478
07-Jun-25	16	$26,210	11	196	11	$24,744	5	$1,466
31-May-25	19	$23,381	11	166	12	$18,665	7	$4,717
24-May-25	15	$24,033	11	121	13	$23,624	2	$409
17-May-25	16	$21,760	12	145	11	$18,615	5	$3,145
10-May-25	24	$33,175	16	206	19	$30,765	5	$2,410
03-May-25	11	$4,249	13	90	11	$2,226.5	2	$2,022.5
26-Apr-25	12	$8,787	9	168	9	$6,011	3	$2,776
19-Apr-25	11	$8,097	7	138	9	$7,985	2	$112
12-Apr-25	13	$2,392	8	152	10	$2,065	3	$327
05-Apr-25	19	$27,762	15	188	16	$25,473	3	$2,289
29-Mar-25	21	$8,188	10	258	16	$4,125	5	$4,064
22-Mar-25	19	$6,485	14	231	15	$4,128	4	$2,857
15-Mar-25	13	$13,737	13	151	10	$9,932	4	$3,805
8-Mar-25	7	$2,234	5	66	5	$224	2	$2,100
1-Mar-25	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

Meta Recaps Hyperion Data Center in $27B JV with Blue Owl

Deal Description: On Oct. 21, Meta Platforms, Inc., the parent company of Facebook, announced a joint venture agreement with Blue Owl Capital to further develop and own Hyperion, a hyperscaling data center already under construction in Louisiana. Meta will continue to provide construction and property management services, retaining a 20 percent interest. Meta also entered into a long-term lease agreement that guarantees the value of the joint venture for at least 16 years. New York-based Blue Owl will provide the majority of funding for the project and will retain an 80 percent interest. Meta and Blue Owl said they are together committing approximately $27 billion for the project on a pro rata basis. The data center, announced in August 2024, is located in Richland Parish adjacent to the Haynesville Shale Basin. Funds managed by Blue Owl made a cash contribution of $7 billion to the joint venture, from which Meta, the sixth-largest company in the world, received a one-time distribution of $3 billion. A portion of the capital raised by Blue Owl will be funded by debt issued to PIMCO and private offerings.

Meta Financial Advisors: Morgan Stanley, Arthur D. Little (diligence), Marsh (risk analysis)

Morgan Stanley Legal Counsel: Milbank

Meta Outside Legal Counsel: Latham & Watkins (transaction), Eversheds Sutherland (lease)

Latham Lead Counsel: Ann Buckingham (San Diego) and Hilary Strong (Orange County)

Texas Lawyers: Jonathan Katz (Houston)

Blue Owl Outside Legal Counsel: Kirkland & Ellis

Kirkland Lead Lawyers: Adam Larson (Houston) and Brittany Sakowitz (Houston)

Texas Lawyers: Patrick Moneypenny (Houston), Shelby Morgan (Houston), Markus Wang (Houston), Olga Cosme Toledo (Houston), Andrew Van Noord (Dallas), Julian Seiguer (Houston), Michael Rigdon (Houston), Ieuan Adrian List (Austin), Brooke Curry (Houston), Lucas Spivey (Houston), Osaro Aifuwa (Houston), William Zakhary (Houston)

Elsewhere: David Rosenberg (Chicago), Richard Grossmann (New York), Michael Shultz (Los Angeles), Robin Basu (Chicago), Adamantia Giannakis (New York), Benjamin Wetzel (Chicago), Michael Beinus (New York), Justin Barbosa (New York), Lora Shub-Brown (New York), Joseph Riddle (New York), John Decker (Washington, D.C.), Andrew DeVore (Washington, D.C.)

Blackstone, TPG buying Hologic for $18.3B, taking med tech firm private

Deal Description: Hologic Inc. said Oct. 21 that it agreed to be acquired and taken private by funds managed by Blackstone and Fort Worth-based TPG for up to $79 per share, representing an enterprise value of up to $18.3 billion, including debt. Investment giant Blackstone and TPG will pay $76 a share cash plus a right to receive up to $3 per share in two cash payments contingent upon certain revenue goals for Hologic’s breast health business over the new two fiscal years. Marlborough, Mass.-based medical technology company Hologic, which specializes in women’s healthcare, said the purchase price represents a premium of about 46% to its closing price on May 23. The company also said the deal includes significant minority investments from a unit of the Abu Dhabi Investment Authority and an affiliate of Singapore sovereign wealth fund GIC.

Hologic Financial Advisor: Goldman Sachs

Hologic Outside Legal Counsel: Wachtell, Lipton, Rosen & Katz

Blackstone, TPG Financial Advisor: Citi

Blackstone, TPG Outside Legal Counsel: Kirkland & Ellis

Kirkland & Ellis Lawyers: Lauren M. Colasacco, Christopher Burwell, Daniel Yip, Melissa J. Hutson and Timothy Conor Hughes all in New York 

Blackstone, TPG Healthcare Regulatory Counsel: Ropes & Gray

Ropes & Gray Lawyers: Christina Bergeron (Boston) and Gregory H. Levine (Washington, D.C.)

GIC Outside Legal Counsel: Sidley Austin

Sidley Austin Lawyers: Ayo Badejo (New York), Asi Kirmayer (New York), Leila Malek (Miami), John K. Neal Jr. (New York), Chad D. Ehrenkranz (New York/Miami), George Maliha (Washington, D.C.), Ken Daly (Brussels), Sven De Knop (Brussels), Alessandra Moroni (Brussels), Rachel D. Kleinberg (Palo Alto), Andrew B. Smith (New York), James Mendenhall (Washington, D.C.)

GE Vernova buys remaining 50% of Prolec GE from Xignux from $5.3B

Deal Description: GE Vernova Inc. announced on Oct. 21 that it bought the remaining 50 percent of Prolec GE, its joint venture with Mexican energy and food conglomerate Xignux, for $5.275 billion in cash and debt. Cambridge, Mass.-based energy company GE Vernova said the deal accelerates the growth of its electrification segment in North America, “where demand for grid technologies is rising rapidly … driven in part by the growth of data centers and new policies implemented to expand the deployment of critical grid and electrification equipment.” Prolec GE — a  joint venture between Xignux and General Electric begun in 1995 — produces transformers across most ratings and voltages.

GE Vernova Financial Adviser: Morgan Stanley

GE Vernova Outside Legal Counsel: Skadden, Arps, Slate, Meagher & Flom

Skadden Lawyers: Jeffrey Brill (New York), June Dipchand (New York/Toronto), Ralph Pérez (Chicago/Houston)

Xignux Financial Adviser: JPMorgan Securities

Xignux Outside Legal Counsel: Sidley Austin

Sidley Lawyers: Alyssa Grikscheit (New York), Eduardo Marquez Certucha (Houston), Mo Green (New York)

Brookfield invests $5B in Bloom Energy fuel cell tech to power AI infrastructure

Deal Description: Global investment firm Brookfield Asset Management on Oct. 13 announced plans to invest up to $5 billion in Bloom Energy’s advanced fuel cell technology for AI factories. Silicon Valley-based Bloom Energy said its fuel cells deliver reliable, scalable and clean onsite power that can be rapidly deployed without legacy grids. Brookfield said this marks the first investment of its AI infrastructure strategy. Bloom Energy Founder, Chairman and CEO KR Sridhar said the partnership is “creating a new blueprint for powering AI at scale.” Forbes reported that Bloom’s technology is rooted in something Sridhar developed for NASA that he adapted into a way to produce electricity. Brookfield’s Global Head of AI Infrastructure Sikander Rashid said Bloom’s technology allows for the design and construction of AI factories “with a holistic and innovative approach to power needs.”

Brookfield Outside Legal Counsel: Latham & Watkins

Latham Lead Lawyers: James Garrett (Houston), Justin T. Stolte (Houston/New York) and Conrad Andersen (London)

Latham Other Lawyers: Jason Webber (New York), Matt de Bernardo (Washington, D.C.), Philip Killeen (Washington, D.C.), Alexandra Cumberland (Houston), Robert Cunningham (Houston), Tasbiha Batool (Houston), Dylan Brown (Houston), Warren Lilien (New York), Kelly Cataldo (New York), Kara Burkett (Houston), Cáit O’Neill (New York), Alex Reiher (Houston), Tianyu Wang (New York), Brian Flynn (Houston), Jonathan Katz (Houston), Silvia Martin (Houston), Bora Bozkurt (New York), Tyler Brown (Washington, D.C.), Marc Campopiano (Orange County), Scott Cockerham (Washington, D.C.), Robert Frances (San Diego), Natasha Gianvecchio (Washington, D.C.), Adam Goldberg (New York), Eli Katz (New York), Aaron Friberg (San Diego), Andrew Abokhair (Austin), Amirali Azinfar (Washington, D.C.), Andrea Herman (Austin), Lucas Migliano (Houston), Yi (Johnny) Zhuang (Houston) 

National Fuel Buys CenterPoint’s Ohio Natural Gas Operations for $2.62B

Deal Description: CenterPoint Energy announced on Oct. 21 a deal to sell its Ohio natural gas distribution network that consumes 60 Bcf of natural gas annually to National Fuel Gas Co., based in Buffalo area, for $2.62 billion. Jones Day is providing outside legal counsel to National Fuel. CenterPoint’s legal team includes Gibson, Dunn & Crutcher; Barnes & Thornburg; Bricker Graydon; and Whitt Sturtevant. Please click here for more Lawbook coverage, including a list of other lawyers involved.  

JERA acquires Haynesville Shale natural gas field for $1.5B from Williams Cos.

Deal Description: JERA, Japan’s largest importer of LNG, announced Oct. 23 a $1.5 billion deal to acquire a natural gas field in the Haynesville Shale from Williams Companies and GEP Haynesville II, its JV with The Woodlands-based GeoSouthern Energy. On Oct. 25, Baker Botts said its lawyers advised JERA Americas on the deal. Click here for The Lawbook’s coverage of the lawyers involved.

Avride gets $375M from Uber, Nebius Group to expand robotaxi service, robot delivery system

Deal Description: Autonomous vehicle and delivery robot technology firm Avride said Oct. 22 that it received investments and commercial commitments of up to $375 million from Uber and Amsterdam-based tech company Nebius Group. Avride said this round extends a partnership with Uber begun in 2024 that aims to launch Avride’s robotaxi service on the Uber platform in Dallas by the end of this year. The Austin company’s delivery robots are already fulfilling orders through Uber Eats in Jersey City, N.J., Austin and Dallas. The new round of funding will accelerate the growth of Avride’s fleet while also supporting AI-driven product development and expanding into new cities.

Avride GC: Alex Tarnow  

Avride Outside Legal Counsel: Kirkland & Ellis

Kirkland & Ellis Lawyers: John Kaercher (Austin), Martha Todd (Austin), Jess Lepper (Austin), Brett Mele (Austin), Pi Praveen (Austin), Shellie Freedman (New York), Abby O’Neill (New York), Billy Phalen (Boston), Ellie Bacon (Washington, D.C.), Jennifer Wu (Austin)

Cayman Islands SPAC buys Cube Group, plans to acquire $500M of Solana tokens

Deal Description: On Oct. 22, Mercer Park Opportunities Corp., a Cayman Islands-based special purpose acquisition company, said it acquired Cube Group Inc., a Chicago-based cryptocurrency trading platform. The transaction values Cube Group at $300 million. Upon close expected by March 31, the company will acquire $500 million in Solana tokens using stock as consideration in an effort to “optimize treasury management through staking revenues, which is anticipated to drive enhanced liquidity and volume, and lead to sustainable revenues.” The combined company will operate as Cube Exchange Inc. and expects to trade on the Toronto Stock Exchange. Mercer Park also plans to seek a listing on Nasdaq. The companies said the combined entity is “poised to play a key role in transforming global capital markets by bridging traditional finance and decentralized finance.”

Cube Group Outside Legal Counsel: Winston & Strawn

Winston Lead Lawyers: Michael Blankenship (Houston)

Texas Lawyers: Jacob Botros (Houston), Jon Bodle (Houston)

Elsewhere: Richard Falek (New York), Drew Hinkes (Miami), Marcus Garcia (Chicago), Jennifer Stadler (New York)

Dataminr buys ThreatConnect for $290M

Deal Description: Dataminr announced on Oct. 21 the acquisition ThreatConnect, an Arlington, Va., cybersecurity firm. Privately held AI company Dataminr said the transaction values ThreatConnect at $290 million. The New York company said the acquisition combines its AI platform for public data signals with ThreatConnect’s deep internal data capabilities to “create the industry’s first-ever agentic AI-powered client-tailored intelligence.” Dataminr said its multi-modal fusion AI synthesizes text in 150 languages, image, video, audio and sensor signals across 1 million public data sources to deliver accurate real-time detection. The company said clients include more than 100 domestic government agencies, 20 international governments, two-thirds of the Fortune 50, and half of the Fortune 100.

ThreatConnect Outside Legal Counsel: Weil, Gotshal & Manges  

Weil Lead Lawyer: David Gail (Dallas)

Weil Dallas Lawyers: Carson Parks, Emma Conde, Ryan Johnson, Sam Rosenbloom, Spencer Finney, Jonathan Macke, Griffin Haden Baker

 Elsewhere: Olivia Greer and Dennis Adams in New York

Third Coast Bank buys Keystone Bank for $123M cash, stock

Deal Description: Third Coast Bancshares said Oct. 22 that it agreed to acquire Keystone Bancshares Inc. for about $123 million in cash and stock. Based in Austin, Keystone operates two branches in the Texas capital and one in Ballinger with a one loan production office in Bastrop. Humble-based Third Coast operates 19 branches in the four largest metropolitan areas in Texas. The combined company will have total assets of more than $6 billion. Keystone shareholders will receive 0.45925 shares of Third Coast common stock or cash equal to that ratio times the 20-day average price of Third Coast common stock for each common share held.

Third Coast Financial Advisor: Raymond James & Associates

Third Coast Outside Legal Counsel: Norton Rose Fulbright

Keystone Financial Advisor: Stephens Inc.

Keystone Outside Legal Counsel: Fenimore Kay Harrison

Kraken buys for Small Exchange for $100M

Deal Description: Cryptocurrency exchange Kraken said Oct. 15 that it acquired Small Exchange from U.K. online trading company IG Group for $100 million. The acquisition of a designated contract market allows Kraken to design and create markets for exchange-listed derivatives under the oversight of the Commodity Futures Trading Commission. The company said it “can now integrate clearing, risk and matching into one environment that meets the same standards as the largest exchanges in the world.” Kraken, which moved its headquarters in June to Cheyenne, Wyo. from San Francisco, said its regulated derivatives system in now in the U.S., U.K., and EU and spans six fiat currencies and more than 450 digital and traditional assets, all within one architecture. 

Kraken Outside Legal Counsel: Jones Day led by Cameron Reese in San Diego

American Bureau of Shipping acquires MetaSHIP tech from Orka Informatics

Deal Description: American Bureau of Shipping said Oct. 16 that it agreed to acquire the MetaSHIP intellectual property and related vessel simulator software from Orka Informatics, which provides a digital universe designed for maritime education, training, and operations. Orka is based in Istanbul. Terms weren’t disclosed. Spring-based ABS said the deal allows it to expand its realistic digital training program that can be delivered on board, in port or at home, as well as through learning centers in Qatar, Greece and Singapore.

American Bureau of Shipping Outside Legal Counsel: Clifford Chance

Clifford Chance Lead Lawyer: Alexandra Wilde (Houston)  

Clifford Chance Lawyers: David Smith (Houston), Pardis Baha (Houston), Jesse Dowdle (Houston)

Janta Power gets $5.5M from MaC, Collab Capital to scale 3D solar towers

Deal Description: Dallas-based Janta Power announced on Oct. 21 that it has received $5.5 million seed funding from MaC Venture Capital and Collab Capital. Janta Power plans to use the funding to further deploy its 3D photovoltaic tower technology for data centers, EV charging hubs, telecom towers, universities, and industrial facilities. Los Angeles-based MaC said Janta’s solar tower technology delivers up to three times the efficiency of traditional solar panels while using a fraction of the footprint. Janta said its towers — used in pilot programs in some airports around the globe, including DFW — are engineered to generate about 50 percent more energy than traditional flat-panel systems.

MythWorx gets $5M seed capital from Eagle Venture funds

Deal Description: MythWorx, a Dallas next-generation AI startup, announced on Oct. 22 seed funding of $5 million led by Fort Worth-based Eagle Venture funds and other undisclosed angel investors. MythWorx said the investors valued the company at $100 million, “reflecting the groundbreaking reduction in compute and power needs and human-like reasoning capabilities presented by MythWorx’s model, Echo Ego v2.” The company said its product outperforms large language models as it requires one-tenth the power.

Suncrete acquires OKC ready-mix concrete businesses

Deal Description: Tulsa-based Suncrete, a portfolio company of Dallas-based SunTx Capital Partners, said on Oct. 21 that it has acquired Schwarz Ready Mix and SRM Leasing, as well as Schwarz Sand, which collectively operate a ready-mix concrete business in Oklahoma City with 20 plants and more than 100 trucks. Earlier in October The Lawbook’s CDT Roundup reported Suncrete’s deSPAC merger with Haymaker Acquisition Corp. 4.

Suncrete Outside Legal Counsel: Haynes Boone

Haynes Boone Lead Lawyers: Kellie Bobo (Austin/Dallas), Bryan Diebels (Dallas), Paul Amiel (Dallas), Laura Shapiro (Dallas)

Haynes Boone Dallas Lawyers: Taylor Calvert, Rachael Williams, Ethan Moore, Brooke Reichardt, Elizabeth Maclay, Maddie Ballard and Ashley Schneider

Vance Brothers acquires Circle C Paving and Construction

Deal Description: Pavement Preservation Group’s Vance Brothers unit based in Kansas City announced on Oct. 6 that it acquired Circle C Paving and Construction and Circle C Transport of Goddard, Kan. Terms weren’t disclosed. Pavement Preservation Group, which is a portfolio company of Texas venture capital firm The Sterling Group, said Circle C is a regional provider of pavement preservation services, primarily chip and scrub sealing, to commercial and residential customers in Kansas and northern Oklahoma.

Vance Brothers Outside Legal Counsel: Troutman Pepper Locke

Troutman Pepper Locke Lead Lawyers: Brian Rose (Houston)

Troutman Pepper Locke Lawyers: Sara Longtain, Ed Razim, Buddy Sanders, Ashley Lopez, Nicole Davies, Grace Elliott, Cesar Escalante all in Houston, and Nik Holtan in Austin

Pine Wave sells East Texas assets to Rockcliff Energy

Deal Description: Fort Worth’s Pine Wave Energy Partners, a portfolio company of Old Ironsides Energy, announced on Oct. 21 the sale of its East Texas assets to Rockcliff Energy III, a portfolio company of Houston’s Quantum Capital Group. Terms weren’t disclosed. Pine Wave said the sale includes assets in San Augustine County and Shelby County in East Texas that include stakes in 25 operated wells across 29,000 acres with about 100 million cubic feet per day of net production. The deal also includes a controlling interest in natural gas pipelines located in San Augustine County.

Pine Wave Financial Advisor: Jefferies

Pine Wave Outside Legal Counsel: Akin Gump Strauss Hauer & Feld

Rockcliff Outside Legal Counsel: Kirkland & Ellis

Kirkland & Ellis Lawyers: David Castro Jr. (Houston), Lindsey Jaquillard (Houston), Mike Marek (Houston), Patrick Lingwall (Houston), Chandler Spinks (Houston), Mohammad Alkadhem (Houston), Shelby Velasquez (Houston), Will Bos (Houston), Chad Davis (Dallas), Christina Godard (Houston), Mark Dundon (Houston), David Gilbert (Salt Lake City), Jim Dolphin (Houston), Anna Todd (Houston)

Seneca Group merges with Cumming Group

Deal Description: Cumming Group said on Oct.17 that it merged with Seattle real estate consultancy Seneca Group, which has additional offices in Nashville, Tenn., and Washington, D.C. Terms weren’t disclosed. Based in New York, Cumming Group is a pure-play project management and cost consultancy for the real estate development industry worldwide.

Seneca Group Financial Advisor: Citizens Capital Markets & Advisory

Seneca Outside Legal Counsel: Perkins Coie

Cumming Group Outside Legal Counsel: A&O Shearman Sterling

A&O Shearman Lead Lawyers: Alain Dermarkar and Kyle Park in Dallas

A&O Shearman Lawyers: Hannah Marshall, Jake Lortz, Danielle Garcia

Capital Markets/Credit

Rockpoint Gas Storage IPO

Deal Description: Rockpoint Gas Storage said Oct. 15 that it closed its initial public offering of 32 million shares at CA$22 ($15.69) a share. The Calgary, Alberta, natural gas storage provider expects gross proceeds of about $704 million in Canadian dollars ($502.1 million). Rockpoint said underwriters exercised an over-allotment option to purchase another 4.8 million common shares, though the company did not receive any of the proceeds from that sale.

Underwriters: BC Capital Markets and J.P. Morgan (joint lead bookrunning managers); with a syndicate that includes Wells Fargo, BMO Capital Markets, CIBC Capital Markets, National Bank Financial, Scotiabank, TD Securities Inc., ATB Capital Markets, Desjardins Capital Markets, and Peters & Co.

Rockpoint Gas Storage Outside Legal Counsel: Latham & Watkins

Latham & Watkins Lead Lawyers: Ryan Maierson and Ryan Lynch in Houston

Other Latham Lawyers: Rachel Collier (Austin), Caitlyn Fiebrich (Houston), Carol Bale (Austin), Luisa Gomez (Austin), Tim Fenn (Houston), Bryant Lee (Houston), Dominick Constantino (Houston), Marc Campopiano (Orange County), Katie Putnam (Washington, D.C.), Rychelle Andersen (Los Angeles), Matt Bargamin (Washington, D.C.), Hannah Valentine (Washington, D.C.), Reilly Nelson (Los Angeles), Jamie Lynn Walter (Washington, D.C.), Laura Ferrell (Chicago), Meghan Carey (Washington, D.C.), Mike Hart-Slattery (Washington, D.C.), Micaela Lucero Little (Chicago)

Late Arrivals and Other Matters …

On Oct. 7, Houston private investment firm Platform Partners said it had acquired Champion Contractors & Services, a Round Rock-based national commercial roofing and storm restoration services provider. Terms weren’t disclosed. Latham & Watkins represented Platform Partners with a team led by Houston partners Thomas Brandt and Bruce Herzog, with associates Vera Bespalova and Emily Brown.

On Sept. 9, NextDecade Corp. announced its final investment decision to fully fund Train 4 at the Rio Grande LNG Project, giving Bechtel Energy notice to proceed. The Houston lower-carbon energy company NextDecade continues to expect a FID on Train 5 at Rio Grande LNG in the fourth quarter. Latham & Watkins advised NextDecade with a team led by Jason Webber and Hamad Al-Hoshan in New York and Christopher Peponis in Houston. Other Latham lawyers include: Alice Parker (Houston), Robert Cunningham (Houston), Melanie von Staa Toledo (Houston), Braydon Jones (Houston), Pamela Kellet (Houston), Andres Chester (New York), Jiyeon Chun (New York), Mariana de Medeiros Ferez (New York), Vivian Hui (New York), Hyunjong (Josh) Ryu (New York), MinJoo Lee (New York), Yoon Lee (Houston), Josh Podolsky (New York), Conrad Proulx (Washington, D.C.), Silvia Martin (Houston), Carlos Diaz (Houston), Siyao Liu (Houston), Jim Cole (Houston), Jacob Nagelberg (New York), Yvette Valdez (New York), Mia Stefanou (New York).