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US M&A Deal Digest: October 2 – 7, 2026

37verified deals announced
$49.6B+disclosed deal value
19deals missing at least one side's counsel

In the six days of October 2 – 7, 2026, Vest tracked 37 verified US M&A deals with more than $49.6 billion in disclosed value. The largest: Schneider Electric's all-cash acquisition of PTC at an implied enterprise value of $23.7 billion. Kirkland & Ellis led the counsel scoreboard, appearing on 5 deals.

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Counsel scoreboard

Published, verified appearances across the 37 deals; buy-side and sell-side counted separately.

Law firmDealsClients this edition
Kirkland & Ellis 5
Option Care Health, Gen II sellers, IntraBio, SOFIE Biosciences, Centalion
2 each Paul, Weiss; Debevoise & Plimpton; Davis Polk; Gibson Dunn; Latham & Watkins; Willkie Farr; Sidley Austin; DLA Piper; Mayer Brown; Wachtell Lipton; Vinson & Elkins

Specialist roles are not counted: McDermott Will & Schulte on tax for Schneider Electric, Freshfields on antitrust for Uber, Kirkland & Ellis as financing counsel to Kohlberg, and Day Pitney as counsel to the lender on Georgia Renewable Power.

On 19 of 37 US M&A deals announced October 2 – 7, 2026, at least one side's legal counsel has not been publicly announced.

On 13 of them, neither side's has. The 10 largest deals with a disclosed value all named counsel on both sides. Of the previous edition's 4 deals with no counsel on either side, 2 now have the buyer's firm named. Tracked weekly on this page.

Deals with disclosed value

Schneider Electric acquires PTC

$23.7B EV Oct 5, 2026 Industrial software Buy: Debevoise & PlimptonSell: Paul, Weiss

Schneider Electric agreed to acquire PTC in an all-cash deal at $205 per share, valuing its equity at about $22.6 billion and implying an enterprise value of $23.7 billion. Source: SEC filing

CD&R and McKesson acquire Option Care Health

~$5.8B EV Oct 6, 2026 Healthcare services Buy: Debevoise & Plimpton (CD&R); Davis Polk and Reed Smith (McKesson)Sell: Kirkland & Ellis

CD&R and McKesson agreed to take Option Care Health private for $32.05 per share, a total enterprise value of about $5.8 billion, with CD&R holding about 51% and McKesson about 49%. Source: SEC filing

C.H. Robinson acquires RXO

$5.8B Oct 5, 2026 Freight and logistics Buy: Gibson DunnSell: Paul, Weiss

C.H. Robinson agreed to acquire RXO for an implied value of $5.8 billion, paying $17.25 in cash and 0.0856 C.H. Robinson shares for each RXO share. Source: SEC filing

KKR acquires Gen II Fund Services

$5.1B EV Oct 5, 2026 Fund administration Buy: Simpson ThacherSell: Kirkland & Ellis (sellers); Latham & Watkins (Hg)

KKR agreed to acquire Gen II Fund Services from Hg, General Atlantic and other minority investors for a total enterprise value of $5.1 billion. Source: Business Wire

Energy Transfer acquires Vaquero Midstream

~$2.625B Oct 6, 2026 Midstream energy Buy: Sidley AustinSell: Willkie Farr

Energy Transfer agreed to acquire Vaquero Midstream for about $2.625 billion, made up of $1.95 billion in cash and about 33.3 million new Energy Transfer common units. Source: Business Wire

Uber acquires ezCater

$2.3B Oct 6, 2026 Catering marketplace Buy: Covington & BurlingSell: Davis Polk

Uber agreed to acquire ezCater in an all-cash transaction valued at $2.3 billion. Source: Business Wire

Shionogi acquires IntraBio

$2.0B upfront Oct 5, 2026 Biotech Buy: Cleary GottliebSell: Kirkland & Ellis; DLA Piper

Shionogi agreed to acquire Austin, Texas-based IntraBio for upfront consideration of $2.0 billion. Source: Shionogi

GE HealthCare acquires SOFIE Biosciences

$945M Oct 5, 2026 Radiopharmaceuticals Buy: Sidley AustinSell: Kirkland & Ellis

GE HealthCare agreed to acquire radiopharmaceutical company SOFIE Biosciences from Trilantic North America for $945 million in cash. Source: GE HealthCare

Advanced Drainage Systems acquires StormTrap

~$530M Oct 5, 2026 Stormwater infrastructure Buy: Squire Patton BoggsSell: Mayer Brown (StormTrap and PSP Capital)

Advanced Drainage Systems agreed to acquire StormTrap from PSP Capital for about $530 million, or about $450 million adjusted for expected tax benefits. Source: SEC filing

Third Coast Bancshares acquires Great Plains Bancshares

~$239.6M Oct 7, 2026 Banking Buy: Norton Rose FulbrightSell: Fenimore Kay Harrison

Third Coast Bancshares agreed to acquire Great Plains Bancshares in an all-stock transaction valued at about $239.6 million. Source: SEC filing

Teamworks acquires Atrium Sports from Sportradar

$170M Oct 7, 2026 Sports technology Buy: not yet disclosedSell: not yet disclosed

Sportradar agreed to sell Atrium Sports, the coaching and scouting business of Synergy Sports, to Teamworks for $170 million in cash. Source: SEC filing

TowneBank acquires blueharbor bank

~$154M Oct 6, 2026 Banking Buy: Wachtell Lipton; Williams MullenSell: Brooks, Pierce, McLendon, Humphrey & Leonard

TowneBank agreed to acquire Mooresville, North Carolina-based blueharbor bank for about $154 million. Source: GlobeNewswire

Flowco acquires Lifting Solutions

~$113M Oct 2, 2026 Oilfield equipment Buy: Troutman Pepper Locke; Blake, Cassels & Graydon; Vinson & ElkinsSell: Dentons Canada

Flowco acquired Canadian company Lifting Solutions for about US$113 million in cash, plus contingent consideration of up to C$10 million. Source: SEC filing

Healthcare Services Group acquires NEXDINE Hospitality

$93.5M upfront Oct 7, 2026 Healthcare dining services Buy: not yet disclosedSell: Nutter, McClennen & Fish

Healthcare Services Group acquired NEXDINE Hospitality for an upfront purchase price of $93.5 million, with the potential for additional contingent consideration. Source: SEC filing

Byline Bancorp acquires Illinois State Bancorp

~$87.9M Oct 6, 2026 Banking Buy: Vedder PriceSell: Barack Ferrazzano

Byline Bancorp agreed to acquire Illinois State Bancorp in a cash and stock transaction valued at about $87.9 million. Source: SEC filing

Deals with undisclosed value

BDT & MSD acquire Sunrise Senior Living from PSP Investments

Oct 6, 2026 Senior living Counsel: not yet disclosed

Funds affiliated with BDT & MSD Partners, with Sunrise management, agreed to acquire Sunrise Senior Living from PSP Investments, with BDT & MSD as majority investor; terms were not disclosed. Source: Sunrise Senior Living

Centalion acquires Silver Hill Energy Partners' Haynesville assets

Oct 5, 2026 Natural gas Buy: Kirkland & EllisSell: Willkie Farr

Centalion Group acquired Haynesville upstream and midstream natural gas assets from Silver Hill Energy Partners; terms were not disclosed. Source: Centalion

Alto acquires Forge Trust from Schwab

Oct 6, 2026 Retirement account custody Buy: O'Melveny & MyersSell: Wachtell Lipton (Schwab)

Alto agreed to acquire Forge Trust Co. and Forge Services from Schwab, which acquired Forge Global in March 2026; financial terms were not disclosed. Source: Alto

Aurora Capital Partners acquires Softdocs

Oct 5, 2026 Education and government software Buy: Gibson DunnSell: Alston & Bird

Aurora Capital Partners acquired Softdocs, a provider of process automation and document management for education and government; terms were not disclosed. Source: Aurora Capital Partners

Kohlberg acquires a majority of Advanced Industrial Devices

Oct 6, 2026 Infrastructure equipment Buy: Ropes & GraySell: Jones Walker (AID and Black Bay)

Kohlberg acquired a majority interest in Advanced Industrial Devices, which serves data center, water and power infrastructure markets; terms were not disclosed. Source: Kohlberg

The Sterling Group acquires Slingmax Group

Oct 6, 2026 Lifting and rigging Buy: Latham & WatkinsSell: Holland & Knight

The Sterling Group Foundation Fund acquired engineered lifting and rigging provider Slingmax Group from River Associates, in a deal that closed September 30 and was announced October 6; terms were not disclosed. Source: The Sterling Group

SGS acquires a majority of Prescient Security

Oct 2, 2026 Cybersecurity compliance Buy: not yet disclosedSell: Mayer Brown

SGS completed the acquisition of a majority stake in Prescient Security, an enterprise cybersecurity and digital compliance firm; terms were not disclosed. Source: SGS

Anchorage Digital acquires Routable

Oct 6, 2026 Payments Buy: Lowenstein SandlerSell: not yet disclosed

Anchorage Digital acquired payments platform Routable; terms were not disclosed. Source: Anchorage Digital

Automation Anywhere acquires Boost.ai

Oct 7, 2026 Conversational AI Buy: Winston TaylorSell: not yet disclosed

Automation Anywhere agreed to acquire conversational and voice AI company Boost.ai from Nordic Capital; financial terms were not disclosed. Source: Automation Anywhere

Pacolet Milliken acquires Georgia Renewable Power

Oct 7, 2026 Biomass power Buy: Vinson & ElkinsSell: not yet disclosed

Pacolet Milliken acquired 100% of Georgia Renewable Power, a 116 MW biomass business; terms were not disclosed. Source: Pacolet Milliken

Warren Equity Partners acquires VDA from Keystone Capital

Oct 5, 2026 Business services Buy: not yet disclosedSell: DLA Piper (VDA and Keystone Capital)

Keystone Capital completed the sale of VDA to Warren Equity Partners; terms were not disclosed. Source: Keystone Capital

TD SYNNEX acquires BlueStar

Oct 7, 2026 Technology distribution Counsel: not yet disclosed

TD SYNNEX entered into a definitive agreement to acquire BlueStar; terms were not disclosed. Source: Business Wire

ARCHIMED acquires Standard BioTools' Microfluidics business

Oct 5, 2026 Life science tools Counsel: not yet disclosed

Standard BioTools agreed to sell its Microfluidics business to ARCHIMED; terms were not disclosed. Source: SEC filing

Middle River Power acquires Panoche Energy Center

Oct 6, 2026 Power generation Counsel: not yet disclosed

Middle River Power closed its acquisition of the 427 MW Panoche Energy Center in California from an Ares Infrastructure Equity fund; terms were not disclosed. Source: Middle River Power

Harbor Health acquires 27 Village Medical clinics

Oct 6, 2026 Primary care Counsel: not yet disclosed

Harbor Health agreed to acquire 27 Village Medical clinics in Houston; financial terms were not disclosed. Source: Harbor Health

Stride Consumer Partners acquires a majority of Clio Snacks

Oct 6, 2026 Food Counsel: not yet disclosed

Stride Consumer Partners acquired Greek yogurt bar brand Clio in a majority investment; terms were not disclosed. Source: Clio Snacks

Zeta Global acquires Digital Audience

Oct 6, 2026 Advertising data Counsel: not yet disclosed

Zeta Global agreed to acquire Amsterdam-based Digital Audience; terms were not disclosed. Source: Zeta Global

Frontline Managed Services acquires KL Software Technologies

Oct 6, 2026 Legal technology Counsel: not yet disclosed

Frontline Managed Services acquired KL Software Technologies and its affiliate KLoBot, launching an intelligent applications business for law firms; terms were not disclosed. Source: Frontline Managed Services

Acuity Analytics acquires Continuus

Oct 7, 2026 Data consulting Counsel: not yet disclosed

London-based Acuity Analytics announced its acquisition of US data and technology consultancy Continuus; terms were not disclosed. Source: Acuity Analytics

CFGI acquires BAO Consulting Group

Oct 7, 2026 Finance consulting Counsel: not yet disclosed

CFGI announced the acquisition of BAO Consulting Group, which has offices in Dallas and Houston; terms were not disclosed. Source: CFGI

American Service Partners acquires home-services brands

Oct 7, 2026 Home services Counsel: not yet disclosed

Exuma Capital-backed American Service Partners launched a national home-services platform by acquiring HVAC, plumbing and electrical brands from Platform Partner Holdings and Air Today Holdings; terms were not disclosed. Source: American Service Partners

Cirrus Logic acquires INVENTVM Semiconductor

Oct 6, 2026 Semiconductors Counsel: not yet disclosed

Austin-based Cirrus Logic acquired INVENTVM, a fabless semiconductor company in Pavia, Italy that specializes in mixed-signal power management and audio chips; terms were not disclosed. Source: SEC filing (Cirrus Logic)

Israel corner

A2Z Cust2Mate acquires Hedia

Oct 6, 2026 Retail media Counsel: not yet disclosed

Nasdaq-listed A2Z Cust2Mate completed its acquisition of Hedia, an Israeli retail media company, for about $8.4 million in cash and 833,333 shares, plus up to about $6.7 million in performance-based payments. Source: A2Z Cust2Mate

The deal above is not in the 37-deal count; A2Z is based in Canada. One counted deal has an Israel link: PTC has run an R&D office in Israel since 1991, with sites in Haifa and Herzliya.

Diligencing one of these targets? Vest verifies the target's equity from the data room, with every finding cited to source. See how it works.

Methodology

This edition covers October 2 to 7, 2026. A deal counts if it has a US target or a US buyer and the buyer takes control. Growth and minority investments, a 50/50 fiber joint venture, a merger that did not state which side takes control, a continuation vehicle, deals where only the seller is American, a restructuring with no outside buyer, and a sale of owned facilities to a government agency were left out. Each date and value comes from the company's own release or SEC filing; a law firm's later announcement or a closing does not move a deal into the week. A firm is credited only where a release, the deal agreement or the firm's own page names it as counsel for one side. The $49.6 billion total adds the headline value each company states, using enterprise value where one is given, and leaves out earn-outs, contingent payments and press-reported figures.

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Verified US M&A deals and the counsel scoreboard.

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