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Top Texas M&A Deals of 2018

Here are the top 50 M&A transactions involving Texas-headquartered companies in 2018 as compiled exclusively for The Texas Lawbook by Mergermarket.

Announce
Date 		TargetTarget
State		Business
Sector		Bidder Bidder
State		SellerSeller
State		Deal value (in US$m)
Aug 1, 2018Energy Transfer Partners LP (97.64% Stake)Texas Energy, Mining & UtilitiesEnergy Transfer Equity LPTexas 59,612
Apr 30, 2018Andeavor Corporation Texas Energy, Mining & UtilitiesMarathon Petroleum CorporationOhio31,327
Jan 29, 2018Dr Pepper Snapple Group IncTexas ConsumerKeurig Green Mountain IncVermont26,801
Jul 26, 2018Petrohawk Energy CorporationTexas Energy, Mining & UtilitiesBP PlcUnited KingdomBHP Billiton LtdAustralia10,500
Nov 8, 2018Western Gas Partners LP (67.15% Stake)Texas Energy, Mining & UtilitiesWestern Gas Equity Partners LPTexas 9,593
Mar 28, 2018RSP Permian IncTexas Energy, Mining & UtilitiesConcho Resources IncTexas 9,481
Sept 18, 2018Enbridge Energy Partners LP (66.06% Stake)Texas Energy, Mining & UtilitiesEnbridge IncCanada9,201
Aug 14, 2018Energen CorporationAlabama Energy, Mining & UtilitiesDiamondback Energy IncTexas 9,116
Oct 22, 2018EnLink Midstream Partners LP (78% Stake)Texas Energy, Mining & UtilitiesEnlink Midstream LLCTexas 9,037
Apr 23, 2018Vectren CorporationIndiana Energy, Mining & UtilitiesCenterPoint Energy IncTexas 8,089
Nov 1, 2018Newfield Exploration CompanyTexas Energy, Mining & UtilitiesEncana CorporationCanada7,654
Jan 22, 2018Spectra Energy Partners LP (35.68% Stake)Texas Energy, Mining & UtilitiesEnbridge IncCanada7,347
Jul 2, 2018Dell Technologies Inc (17% Stake)Texas TechnologyVMware Inc (Tracking stock shareholders)California 6,787
Jun 28, 2018CaixaBank SA (Real estate business) (80% Stake)SpainReal EstateLone Star FundsTexas CaixaBank SASpain6,477
Feb 13, 2018Nationstar Mortgage Holdings IncTexas Business ServicesMr. Cooper Group IncWashingtonFortress Investment Group LLCNew York6,373
Dec 3, 2018Tribune Media CompanyIllinois MediaNexstar Media Group IncTexas 6,112
Nov 8, 2018Anadarko Petroleum Corporation (Remaining midstream assets)Texas Energy, Mining & UtilitiesWestern Gas Partners LPTexas Anadarko Petroleum CorporationTexas 4,015
Oct 8, 2018Rowan Companies IncTexas Energy, Mining & UtilitiesEnsco plc United Kingdom3,765
Oct 21, 2018Jacobs Engineering Group Inc (Energy, Chemicals and Resources business)Texas Business ServicesWorleyParsons LimitedAustraliaJacobs Engineering Group IncCalifornia3,300
Aug 24, 2018Spectra Energy Partners LP (16.89% Stake)Texas Energy, Mining & UtilitiesEnbridge IncCanada3,290
Feb 13, 2018Phillips 66 Company (6.98% Stake)Texas Energy, Mining & UtilitiesPhillips 66 CompanyTexas National Indemnity CompanyNebraska3,280
Oct 30, 2018WildHorse Resource Development CorpTexas Energy, Mining & UtilitiesChesapeake Energy CorporationOklahomaThe Carlyle Group; and NGP Energy Capital ManagementDist. Columbia 3,202
Jun 6, 2018EnLink Midstream Partners LP (23.1% Stake); Enlink Midstream LLC (63.79% Stake); and Enlink Midstream Manager LLCTexas Energy, Mining & UtilitiesGlobal Infrastructure PartnersNew YorkDevon Energy CorporationOklahoma3,125
Apr 24, 2018SRS Distribution IncTexas ConstructionLeonard Green & Partners LPCaliforniaBerkshire Partners LLCMassachusetts 3,000
Apr 18, 2018Apergy CorporationTexas Energy, Mining & UtilitiesDover Corporation (Shareholders)IllinoisDover CorporationIllinois2,868
Aug 8, 2018Apache Corporation (Midstream assets at Alpine High)Texas Energy, Mining & UtilitiesKayne Anderson Acquisition CorpTexas Apache CorporationTexas 2,519
Mar 20, 2018EnerVest Ltd (Eagleford oil and gas assets)Texas Energy, Mining & UtilitiesTPG Pace Energy Holdings CorpTexas EnerVest LtdTexas 2,220
Sept 10, 2018BlueLine Rental LLCTexas Financial ServicesUnited Rentals IncConnecticutPlatinum Equity LLCCalifornia 2,100
Jul 31, 2018Accruent LLCTexas TechnologyFortive CorporationWashingtonGenstar Capital LLCCalifornia 2,000
Jan 2, 2018Archrock Partners LP (58.59% Stake)Texas Energy, Mining & UtilitiesArchrock IncTexas 1,923
Jul 26, 2018Chesapeake Energy Corporation (Utica shale assets)OhioEnergy, Mining & UtilitiesEncino Acquisition PartnersTexas Chesapeake Energy CorporationOklahoma1,900
Apr 28, 2018Du Xiaoman Financial (58% Stake)ChinaFinancial ServicesTPG Capital LP; The Carlyle Group; Taikang Insurance Group Co Ltd; and ABCI Securities Company LimitedTexas Baidu IncChina1,900
Sept 17, 2018Nexeo Solutions IncTexas Business ServicesUnivar IncIllinoisTPG Capital LPTexas 1,873
Sept 4, 2018Southwestern Energy Company (Fayetteville Shale exploration and production and related midstream gathering assets)Arkansas Energy, Mining & UtilitiesFlywheel Energy LLCOklahomaSouthwestern Energy CompanyTexas 1,865
Oct 18, 2018InfraREIT IncTexas Real EstateOncor Electric Delivery Company LLCTexas 1,864
Dec 24, 2018MINDBODY IncCalifornia TechnologyVista Equity PartnersTexas 1,757
Apr 9, 2018Brazos Midstream Holdings LLC Texas Energy, Mining & UtilitiesMorgan Stanley Infrastructure IncNew York1,750
Nov 7, 2018QEP Resources Inc (Williston Basin assets)ColoradoEnergy, Mining & UtilitiesVantage Energy Acquisition CorpTexas QEP Resources IncColorado 1,708
Jan 18, 2018La Quinta Holdings IncTexas LeisureWyndham Destinations IncNew Jersey1,692
Jul 24, 2018Riviera Resources IncTexas Energy, Mining & UtilitiesLINN Energy Inc (Shareholders)Texas LINN Energy IncTexas 1,690
Feb 27, 2018MRH (GB) LimitedUnited KingdomConsumerMotor Fuel LimitedUnited KingdomLone Star FundsTexas 1,673
Jan 16, 2018CDM Resource Management LLC; and CDM Environmental and Technical Services LLCTexas Energy, Mining & UtilitiesUSA Compression Partners LP Texas Energy Transfer Partners LPTexas 1,672
Oct 28, 2018Penn Virginia CorporationTexas Energy, Mining & UtilitiesDenbury Resources IncTexas 1,624
Jan 8, 2018Lucid Energy Group II LLCTexas Energy, Mining & UtilitiesGoldman Sachs (private equity operations); and Riverstone Holdings LLCNew YorkLucid Energy Group LLCTexas 1,600
May 8, 2018CorePoint Lodging Inc Texas Real EstateLa Quinta Holdings Inc (Shareholders)Texas La Quinta Holdings IncTexas 1,568
Aug 6, 2018Andeavor Corporation (Logistics assets)WashingtonTransportationAndeavor Logistics LPTexas Andeavor Corporation Texas 1,550
Aug 15, 2018KMG Chemicals IncTexas Industrials & ChemicalsCabot Microelectronics CorporationIllinois1,541
May 13, 2018State Bank Financial CorporationGeorgia Financial ServicesCadence BancorporationTexas 1,503
Nov 13, 2018Baker Hughes Incorporated (5.91% Stake)Texas Energy, Mining & UtilitiesBaker Hughes IncorporatedTexas General Electric CompanyMassachusetts 1,495
Jul 31, 2018Eze Software GroupMassachusetts TechnologySS&C Technologies Holdings IncConnecticutTPG Capital LPTexas 1450,

Allen Pusey

Allen Pusey is a senior editor and writer at The Texas Lawbook.

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