CDT Roundup: 20 Deals, 18 Firms, 196 Lawyers, $3.3B

While the economy is encountering stress in some areas, some firms are reporting high levels of activity for their Texas corporate lawyers during the first months of 2023. One of them is Dykema, and the Corporate Deal Tracker Roundup this week peeks at what their five Texas locations have been up to. Of course, it wouldn't be a roundup without rounding up the names of lawyers and firms that reported 20 deals worth $3.3 billion last week. There was even an IPO sighting — and a standard IPO at that.

May 9, 2023 Claire Poole

Will Marsh: This Son-of-a-Son-of-a-Lawyer Deals in the Complex

On what he later described as his best day as GC of Cactus Inc., a Houston-based wellhead and pressure-control provider, Will Marsh brought in the $621 million acquisition of tubing manufacturer FlexSteel Technologies Holdings.

The transformational deal marked a pretty good day for Cactus, as well. And now Marsh, Cactus and Bracewell, their outside counsel, are finalists in the 2023 Houston Corporate Counsel Awards for M&A Transaction of the Year.

May 1, 2023 Allen Pusey & Mark Curriden

Time for Action: Add These Items to Your Commercial Lease in 2023

All too often commercial tenants accept their lease agreements freely and without any objections. However, a one-time review of the lease can lead to years of savings.

April 18, 2023 Richard Lebos

CDT Roundup: 12 Deals, 9 Firms, 59 Lawyers, $24B

Like "energy transition" before it, the word "infrastructure" has worked its way into dealmaking vocabulary as a significant buzzword. But buzzwords can buzz with real money behind them as a new McKinsey report suggests. Funds earmarked for infrastructure and natural resources investment hit $158 billion last year and such assets under management last year were up more than 14 percent over 2021, according to the report. Claire Poole takes a look at the short- and long-term for infrastructure dealmaking, and it's more complicated than it seems. But at least one infrastructure deal among the dozen transactions reported to the CDT Roundup last week shows that the numbers can be really, really big.

April 18, 2023 Claire Poole

Katten’s Mark Solomon Reflects on Dallas Office’s Successes/Challenges at Five-Year Mark

In an in-depth Q&A with The Lawbook, Mark Solomon shares a few of the office's major successes, identifies significant challenges facing the firm, surveys the lay of the land for deal activity and shares his favorite features of the new digs at PwC Tower. Plus, a windup about those damn Yankees as baseball returns.

April 12, 2023 Brooks Igo

Middle-Market M&A Opportunities Abound in Texas Despite Broader Market Uncertainty

A Katten report shows that private equity dealmakers are split on the 2023 M&A outlook but see promise in technology and other sectors.

April 4, 2023 J. David Washburn

Energy Transfer buys EnCap’s Lotus for $1.45B

Vinson & Elkins, Sidley Austin and Shearman & Sterling advised on the cash and stock acquisition, which includes about 3,000 miles of pipeline through major areas of the Permian. After closing, Dallas-based Energy Transfer plans a new 30-mile connection with the Cushing hub in Oklahoma. Claire Poole details the deal and the names of the lawyers involved.

March 27, 2023 Claire Poole

Shearman Advises SAP SE in $12.5B Qualtrics Take-Private Deal

Several Texas-based lawyers were involved in the take-private deal, which comes barely two years after the business software company went public in a January 2021 IPO. An earlier headline has been changed to reflect the overall deal value.

March 13, 2023 Allen Pusey

Texas Startups Hope to Continue Raising Capital Despite Tech Downturn

While last year was challenging for the tech industry, Texas startups still raised billions of dollars, though often with lower valuations and more stringent deal terms. Now venture capital funds are flush with dry powder from record-high fundraising in 2022. So what does it take for startups to increase their chances of raising capital in a turbulent market?

March 9, 2023 Michael Torosian & Christopher Palermo

Foreign Investment Still Welcome in the U.S. Despite Buy American Rules

The good news for foreign investors and manufacturers is that Buy American regulations typically do not apply to investment in privately owned facilities. Opportunities, tax credits and other incentives abound.

March 7, 2023 Doug McCullough