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CDT Roundup

CDT Roundup: Stable, Not Sluggish as Dealmakers Find Their March Rhythm

The week ended March 28 saw 13 deals with a total reported value of $10.7 billion. The week prior boasted 11 deals valued at $7.5 billion. This time a year ago, there were 21 deals valued at nearly $8.2 billion. We'll choose to reckon stability in those numbers.

Last week's deals had Texas companies in transactions for increased investment in healthcare-related AI platforms, more data centers, and geothermal power development. While Texas lawyers advised on deals for a gas-fired power plant in the West Texas town of Pecos, a mining outfit in Greenland, and a Canadian provider of liquid cooling technologies for AI development.

Jason Philyaw

CDT Roundup: LNG Assets, SPAC IPOs and Plans to Build the World’s Largest AI Factory

For the week ended March 21, the CDT Roundup saw 11 deals with a total reported value of about $7.5 billion, mostly attributable to Constellation Energy shedding some PJM assets to LS Power for $5 billion. A Houston energy services company leaped up in the supply chain, acquiring an Irving energy company and 30 turbine delivery slots; a U.K. hyperscaler bought a power company in order to build one of the world's largest AI factories in West Virginia; two blank check companies issued IPOs in search of "disruptive technology companies" and "robotics, electric vehicles, drones, unmanned aerial systems and fintech" firms. That and more in this edition of CDT Roundup.

Jason Philyaw

CDT Roundup: Biopharma, Logistics and a $33B Take-Private Power Deal

For the week ended March 7, the CDT Roundup saw 13 deals with a total reported value of about $48.1 billion. Thanks to a $33.4 billion take-private deal for yet another power provider, that's better than the 11-deal $7.3 billion clocked the week prior. And it's far better than the seven-deal $2.2 billion week reported this time last year. That and more in this edition of CDT Roundup.

Jason Philyaw

CDT Roundup: Industrial Air and Power, Deepwater, Health and Hospice

For the week ended Feb. 28, the CDT Roundup saw 11 deals reported with a total value of about $7.3 billion. The deal count sits at par with the prior week's 11 and the year-ago 11, while last week's valuations up slightly from $7.1 billion the week before and more than double last year's $3 billion.

The M&A shortlist included two billion-dollar-plus transactions. Others were energy-adjacent, involving the sale of deepwater vessels and power generation assets.

That and more in this edition of CDT Roundup.

Jason Philyaw

CDT Roundup: Not a Record-Shattering Week? A Return to Normal is Fine

For the week ended Feb. 14, the CDT Roundup saw 14 deals reported with a total value of $20.5 billion.

Aside from the prior week, last week's value of $20.5 billion is the highest recorded by the CDT since Nov. 8, when the Texas deal frenzy hit $76 billion boosted by Irving-based Kimberly-Clark's acquisition of Kenvue for $48.7 billion. That consumer products megadeal was the largest in terms of value in 2025 and the fifth-largest M&A transaction involving a Texas company or led by a Lone Star State lawyer since 2018, aside from a certain super-megadeal in early February.

Jason Philyaw

CDT Roundup: Groundhog Calls for More Winter as Deal Blizzard Hits Texas

Last week began with a Pennsylvania groundhog seeing his shadow, an occurrence that supposedly forewarns a stubborn winter. In Texas, where the temps reached 70 degrees and above, such news is met with little more than a shrug.

Would that Punxsutawney Phil had forewarned us that a $58 billion deal on Monday to create a shale oil giant would be immediately dwarfed on Tuesday by the gobsmacking $1.25 trillion marriage of a satellite delivery system and an AI chatbox with a reputation for snarkiness.

That and more in this edition of CDT Roundup.

Allen Pusey & Jason Philyaw

CDT Roundup: Cold Front, Hot Government Capital

For the wintry week ended Jan. 31, the CDT Roundup saw 11 deals reported with a total value of nearly $4 billion — and the bulk of that was, in essence, a preferred equity funding deal involving the federal government.

A week earlier, eight deals were reported with only three disclosed values totaling a little more than $1.3 billion. This time last year there were 16 deals worth a little more than $10 billion that passed across our desk. That and more in this edition of CDT Roundup.

Jason Philyaw

AI Wellness and Solar Shine in a Week Dominated by the ‘Private’ in PE

For the week ended Jan. 24, there were just eight deals reported to the CDT Roundup, with only three disclosed values totaling a little more than $1.3 billion. The week prior had 19 deals valued at nearly $18.4 billion, while the year-ago saw nine deals worth about $6.8 billion reported.

The Roundup hasn't seen a cumulative weekly value that low since the week ended June 14 when the nine deals reported had a combined value of $478 million, and that figure is the lowest tallied by the CDT Roundup since May 2020.

As sometimes happens, the week was heavy on private equity deals that the players chose to keep ... well, private. That and more in this edition of CDT Roundup.

Jason Philyaw

Energy Dominates as Deals Hit $18.4B (The Best Week Since November)

The week ending Jan. 17 saw 19 deals reported to the CDT Roundup with a total value of more than $18.4 billion.

The week prior had 18 deals valued at nearly $9 billion, and there were 19 deals worth about $7.4 billion during the same week last year. But last week was the best week by value since an absurd 21-deal, $75 billion week in early November.

That and more in this edition of CDT Roundup.

Jason Philyaw

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