H1 Capital Markets: Weak Everywhere, But Ready for Rebound?

The first six months of 2023 were not the best of times for Texas-related capital markets. But they could have been far worse.

According to the Texas Lawbook’s exclusive Corporate Deal Tracker, there were 114 CapM offerings advised by Texas lawyers during the first six months of 2023, deals valued at a little more than $71.4 billion. That’s not even half of what the market saw two years ago — during the first half of 2021, the high-water mark of recent years — with 252 deals valued at $143 billion.