Below are the top valued 50 M&A transactions for the first half of 2021 involving one or more Texas-headquartered companies. The data compiled by Mergermarket and provided exclusively to The Texas Lawbook based on data reported by the companies, law firms and financial institutions involved.
| Date Announced | Value ($m) | Business Sector | Buyer | Buyer Legal Advisors | Seller | Seller Legal Advisors | Target | Target Legal Advisors |
|---|---|---|---|---|---|---|---|---|
| 05/17/21 | 96,153 | Media | Discovery | Alston & Bird (RBC Capital Markets); Debevoise & Plimpton; Paul Weiss; Sherman & Howard; Wachtell; White & Case (Allen & Company; JPMorgan) | AT&T | Fasken Martineau Dumoulin; Fried Frank (LionTree Advisors); Simpson Thacher & Bartlett (Goldman Sachs); Sullivan & Cromwell | Warner Media | |
| 05/24/21 | 9,041 | Energy, Mining & Utilities | Cabot Oil & Gas Corporation | Baker Botts; Cravath (JPMorgan) | Cimarex Energy Co. | Gibson, Dunn & Crutcher (Tudor Pickering); Wachtell | ||
| 02/01/21 | 8,600 | Leisure | FAST Acquisition Corp. | White & Case; Winston & Strawn | Tilman Fertitta (Private Investor) | Fertitta Entertainment | Goodwin Procter (Jefferies); Latham & Watkins; Skadden Arps (Jefferies) | |
| 02/17/21 | 6,858 | Energy, Mining & Utilities | Energy Transfer | Latham & Watkins; White & Case (RBC Capital Markets) | Enable Midstream Partners | Baker Botts; Cleary Gottlieb Steen & Hamilton (Goldman Sachs); Cravath (Lazard); Gibson, Dunn & Crutcher (Intrepid Partners); Jones Day; Richards Layton & Finger; Vinson & Elkins; Wachtell | ||
| 04/27/21 | 5,700 | Pharma, Medical & Biotech | Humana | Fried Frank Harris Shriver & Jacobson; Manatt, Phelps & Phillips | TPG Capital; Welsh, Carson, Anderson & Stowe | Kindred at Home (60% Stake) | Debevoise & Plimpton | |
| 04/15/21 | 5,632 | Real Estate | Kimco Realty Corporation | Wachtell | Weingarten Realty Investors | Cravath (JPMorgan); Dentons | ||
| 02/22/21 | 4,820 | Technology | Northern Star Investment Corp. II | Graubard Miller | Apex Clearing Corporation | Sidley Austin | ||
| 06/07/21 | 4,475 | Transport | KKR & Co. | Kirkland & Ellis | Macquarie Infrastructure Corporation | Fried Frank (Evercore;Lazard); White & Case | Atlantic Aviation | |
| 03/03/21 | 4,420 | Consumer | Apollo Global Management | Blake, Cassels & Graydon; Paul Weiss; Simpson Thacher & Bartlett | Bain Capital,. | The Michaels Companies | Ropes & Gray | |
| 06/08/21 | 4,410 | Energy, Mining & Utilities | Contango Oil & Gas Company | Gibson, Dunn & Crutcher | Independence Energy | Alston & Bird (Wells Fargo Securities); Vinson & Elkins | ||
| 05/06/21 | 4,217 | Consumer | Hellman & Friedman | Simpson Thacher & Bartlett | At Home Group | Fried Frank Harris Shriver & Jacobson; Willkie Farr & Gallagher (Goldman Sachs) | ||
| 05/02/21 | 4,000 | Technology | TPG Capital; Francisco Partners | Kirkland & Ellis; Paul Hastings; Ropes & Gray | Dell Technologies | Skadden Arps | Boomi | |
| 01/08/21 | 3,060 | Construction | CVC Capital Partners Limited | Bech-Bruun; Clifford Chance; Freshfields Bruckhaus Deringer; Latham & Watkins (Credit Suisse Group AG); Roschier; Schjodt | Lone Star Funds | Kromann Reumert; Thommessen; Vinge; Weil Gotshal & Manges | Stark Group A/S | POELLATH |
| 05/06/21 | 2,925 | Energy, Mining & Utilities | EQT Corporation | Latham & Watkins | Alta Resources | Kirkland & Ellis | Alta Resources Development (upstream and midstream subsidiaries) | |
| 04/12/21 | 2,858 | Financial Services | BancorpSouth Bank | Alston & Bird; Sullivan & Cromwell | Cadence Bancorporation | Fried Frank Harris Shriver & Jacobson (Goldman Sachs;JPMorgan); Wachtell | ||
| 04/22/21 | 2,750 | Technology | Skyworks Solutions | Jones Day; Steptoe & Johnson | Silicon Laboratories | DLA Piper | Silicon Laboratories (automotive and infrastructure businesses) | |
| 06/02/21 | 2,700 | Energy, Mining & Utilities | Southwestern Energy Company | Cleary Gottlieb Steen & Hamilton (Goldman Sachs); Skadden Arps | Indigo Natural Resources | Akin Gump Strauss Hauer & Feld; Kirkland & Ellis | ||
| 05/12/21 | 2,700 | Technology | Switchback II Corporation | Vinson & Elkins | Bird Rides | Latham & Watkins | ||
| 02/22/21 | 2,660 | Construction | The Quikrete Companies | King & Spalding; Troutman Pepper | Lone Star Funds | Forterra | Gibson, Dunn & Crutcher; Kirkland & Ellis; Shearman & Sterling (Citi) | |
| 01/25/21 | 2,451 | Industrials & Chemicals | Landcadia Holdings III | White & Case | The Hillman Group | Ropes & Gray | ||
| 05/24/21 | 2,300 | Construction | Martin Marietta Materials | Cravath | Lehigh Hanson | Paul Weiss | Lehigh Hanson (West Region Business) | |
| 02/01/21 | 2,300 | Industrials & Chemicals | Tuscan Holdings Corp. | Davis Polk & Wardwell (Morgan Stanley); Graubard Miller; Greenberg Traurig | Microvast | Shearman & Sterling | ||
| 01/25/21 | 2,270 | Business Services | NCR Corporation | Skadden Arps | Cardtronics plc | Ashurst; Fried Frank Harris Shriver & Jacobson (Goldman Sachs); Weil Gotshal & Manges | ||
| 03/04/21 | 2,250 | Industrials & Chemicals | Sustainable Opportunities Acquisition Corp | Kirkland & Ellis; Stikeman Elliott | DeepGreen Metals | Fasken Martineau Dumoulin; Mintz Levin Cohn Ferris Glovsky & Popeo | ||
| 01/19/21 | 2,250 | Technology | Citrix Systems | Debevoise & Plimpton (JPMorgan); Shearman & Sterling; Simpson Thacher & Bartlett (JPMorgan Chase & Co.) | Vista Equity Partners Management; Bain Capital Ventures | Kinstellar | Wrike | Kirkland & Ellis |
| 06/07/21 | 2,163 | Construction | Vulcan Materials Company | Bradley Arant Boult Cummings; Wachtell | U.S. Concrete | Akin Gump Strauss Hauer & Feld; Gibson, Dunn & Crutcher | ||
| 06/20/21 | 2,150 | Construction | Westlake Chemical Corp | Baker Botts | Boral Limited | Alston & Bird | Boral Limited (North American Building Products business) | |
| 04/29/21 | 2,150 | Energy, Mining & Utilities | Summit Utilities | Morgan Lewis & Bockius | CenterPoint Energy | Baker Botts | CenterPoint Energy (gas distribution assets in Oklahoma and Arkansas) | |
| 02/10/21 | 2,092 | Business Services | Tyler Technologies | Munck Wilson Mandala,; Sullivan & Cromwell (Goldman Sachs) | NIC | Covington & Burling (Cowen Group); Shearman & Sterling | ||
| 02/25/21 | 1,800 | Media | TPG Capital | Cleary Gottlieb; Ropes & Gray | AT&T | Sullivan & Cromwell | DIRECTV (30% Stake) | |
| 02/09/21 | 1,725 | Technology | Match Group | Kim & Chang; Latham & Watkins | Hyperconnect | Lee & Ko; Sullivan & Cromwell | ||
| 02/26/21 | 1,697 | Industrials & Chemicals | Ontario Teachers' Pension Plan; Management Vehicle | Torys; Uria Menendez; Vieira de Almeida & Associados; Weil Gotshal & Manges | The Carlyle Group | Kinstellar | Logoplaste SA | KPMG Abogados S.L.; Linklaters |
| 04/14/21 | 1,675 | Financial Services | New Residential Investment Corp. | Skadden Arps | Lone Star Funds | Mayer Brown | Caliber Home Loans | |
| 04/11/21 | 1,618 | Pharma, Medical & Biotech | Diasorin SpA | Clifford Chance (BNP Paribas SA;Citi;Citi; Mediobanca S.p.A.; Mediobanca S.p.A.; UniCredit Group); Cravath; Pedersoli Studio Legale; Slaughter and May | Luminex Corporation | DLA Piper; Ropes & Gray (Perella Weinberg Partners) | ||
| 04/19/21 | 1,500 | Technology | The Kantar Group Limited | Weil Gotshal & Manges | Vista Equity Partners Management | Kirkland & Ellis | Numerator | |
| 06/23/21 | 1,400 | Technology | Electronic Arts | Skadden Arps | AT&T; Warner Bros. Interactive Entertainment | Gibson, Dunn & Crutcher | Playdemic Limited | |
| 04/21/21 | 1,400 | Business Services | Maximus | Holland & Knight | Veterans Evaluation Services | |||
| 03/29/21 | 1,400 | Technology | Vista Equity Partners Management | Kirkland & Ellis | TripleLift | Goodwin Procter; Reitler Kailas & Rosenblatt | ||
| 03/02/21 | 1,400 | Technology | TPG Capital | Davis Polk & Wardwell | Insight Partners | Willkie Farr & Gallagher | Thycotic | |
| 01/13/21 | 1,400 | Technology | Qualcommorporated | DLA Piper | Temasek Holdings Pte. Ltd.; Mayfield Fund; BlackRock Capital Investment Corporation; Atlantic Bridge Capital; Capricorn Investment Group; Redline Capital Management S.A.; WRVI Global Capital Managers; Dell Technologies Capital | Nuvia | Pillsbury Winthrop Shaw Pittman | |
| 06/28/21 | 1,348 | Technology | RLDatix | Hg; Vista Equity Partners Management | Allocate Software Limited | Kirkland & Ellis | ||
| 01/12/21 | 1,315 | Construction | TechnipFMC Plc (shareholders) | TechnipFMC Plc | Darrois Villey Maillot Brochier; De Brauw Blackstone Westbroek; Eversheds Sutherland; Latham & Watkins | Technip Energies N.V. (50.1% Stake) | Davis Polk & Wardwell | |
| 01/29/21 | 1,250 | Business Services | TPG Pace Tech Opportunities Corp. | Vinson & Elkins | Nerdy, | Goodwin Procter | ||
| 06/01/21 | 1,225 | Energy, Mining & Utilities | Kinder Morgan | Bracewell | Consolidated Edison; Crestwood Equity Partners | Latham & Watkins; Latham & Watkins | Stagecoach Gas Services | |
| 06/30/21 | 1,150 | Industrials & Chemicals | Celanese Corporation | Kirkland & Ellis | Exxon Mobil Corporation | White & Case | Exxon Mobil Corporation (Santoprene TPV elastomers business) | |
| 06/16/21 | 1,100 | Pharma, Medical & Biotech | Steward Health Care System | Sidley Austin | Tenet Healthcare Corporation | Alston & Bird | Palmetto General Hospital; Hialeah Hospital; Coral Gables Hospital; Florida Medical Center; North Shore Medical Center | |
| 06/10/21 | 1,000 | Industrials & Chemicals | Ares Management | TPG Capital; First Atlantic Capital, LTD. | Resource Label Group | |||
| 02/24/21 | 1,000 | Energy, Mining & Utilities | NEO Energy | BAHR; CMS | Exxon Mobil Corporation | Linklaters | Exxon Mobil Corporation (U.K. upstream Central and Northern North Sea assets) | |
| 02/01/21 | 1,000 | Pharma, Medical & Biotech | Charlesbank Capital Partners | Goodwin Procter | Sentinel Capital Partners, | MB2 Dental Solutions | Kirkland & Ellis; Nixon Peabody; Polsinelli PC | |
| 06/17/21 | 996 | Real Estate | Brookfield Asset Management | Latham & Watkins | TPG Real Estate Partners | Arlington Portfolio Management Limited |