Published October 29, 2026
In one week, October 22-28, 2026, Vest tracked 32 verified US M&A deals with more than $22.5 billion in disclosed value. The largest: GE Vernova's agreement to buy Trench Group for $9.0 billion. Latham & Watkins led the counsel scoreboard, appearing on 5 deals.
This edition's discussion on LinkedIn →Published, verified appearances across the 32 deals; buy-side and sell-side counted separately.
| Law firm | Deals | Clients this edition |
|---|---|---|
| Latham & Watkins | 5 | Triton, Ares Capital, Guidewire, CoStar, Platinum Equity |
| Kirkland & Ellis | 4 | Ares Capital, EQT, PPC, KKR |
| Paul Hastings | 3 | Parameter Technologies, Boldyn Networks, Industrial Growth Partners |
| Cooley | 3 | Prana Therapies, Third Dimension AI, Freshworks |
| 2 each | Blake, Cassels & Graydon; Gibson Dunn; Goodwin; Hogan Lovells Cadwalader; McDermott Will & Schulte; Paul, Weiss; Skadden; Sullivan & Cromwell |
Not counted: McGuireWoods as regulatory counsel to HealthSpan on the Surgery Partners deal; Kirkland & Ellis for Bain Capital, a rolling holder in the same deal; Eversheds Sutherland as counsel to the independent directors of Ares Capital; Simpson Thacher as counsel to investor Fengate on the Pilot Fiber deal; and firms listed without a stated role or only by trade press.
Of the 32 US M&A deals in this edition (October 22-28, 2026), 9 have at least one side's legal counsel not yet publicly announced.
Deals with neither a stated amount nor named counsel are not included. On 1 of the 9, neither side's counsel has been announced. The 12 largest deals with a disclosed value all named counsel on both sides. Of the previous edition's 13 deals with a side missing, 3 now have a named firm. Tracked weekly on this page.
GE Vernova signed an agreement to acquire Berlin-based Trench Group from Triton Partners for $9.0 billion USD equivalent at closing, expected to be funded equally between cash and debt. Source: GE Vernova
HealthSpan Partners agreed to take Surgery Partners private in an all-cash transaction at an enterprise value of about $5.7 billion, or $23.50 per share for holders other than Bain Capital affiliates, which will roll over their shares. Source: SEC filing (Surgery Partners)
Ares Capital agreed to acquire MidCap Financial Investment Corporation in a stock-and-cash transaction at $10.88 per fully diluted share, a total enterprise value of about $2.6 billion. Source: SEC filing (Ares Capital)
Guidewire signed a definitive agreement to acquire London-based hyperexponential for a base purchase price of $1.7 billion in cash; up to $400 million in contingent consideration is not counted. Source: Guidewire
Ovintiv agreed to acquire Calgary-based Logan Energy for C$1.40 per share in cash, total consideration of about $890 million (C$1.26 billion) including the assumption of net debt. Source: Ovintiv
CoStar Group entered into a definitive agreement to acquire Vexcel Group for approximately $730 million in cash. Source: CoStar Group
Acuity reached a definitive agreement to acquire Fort Collins, Colorado-based Parameter Technologies for a purchase price of $675 million. Source: Acuity
UMB Financial agreed to acquire Placerville, California-based El Dorado Savings Bank in a 52% cash, 48% stock transaction valued at approximately $506 million. Source: UMB Financial (Business Wire)
EnerSys agreed to acquire Ultralife for $16.00 per share in cash, a total enterprise value of about $320 million, through a tender offer for all outstanding shares. Source: SEC filing (EnerSys)
First Community Bankshares of Bluefield, Virginia, and Main Street Financial Services of Wooster, Ohio, signed a merger agreement, with First Community surviving, in a stock deal with an aggregate transaction value of about $243 million. Source: SEC filing (First Community Bankshares)
Renasant and Commercial Holding Company signed a merger agreement, with Commercial merging into Renasant, at an aggregate transaction value of about $142 million that includes a special cash dividend of about $35.7 million. Source: SEC filing (Renasant)
GrabAGun completed its acquisition of Westfield, Massachusetts-based Camfour for approximately $34.0 million in cash; the agreement was signed and the deal closed on October 26. Source: SEC filing (GrabAGun)
T3 Defense agreed to acquire 100% of KeepZone AI from Nexera Technologies for initial consideration of $1.0 million in newly issued common stock; a cash earn-out capped at $5.0 million is not counted. Source: T3 Defense (GlobeNewswire)
EQT agreed to acquire Range Resources in an all-stock transaction at 0.987 EQT shares per Range share; the release states a pro forma enterprise value of more than $50 billion for the combined company, not a deal value. Source: SEC filing (EQT)
RadNet agreed to acquire ONRAD for $350 million in cash and 5 million RadNet shares; an earn-out of up to $210 million is not counted, and no total value is stated. Source: RadNet
San Antonio-based Howard Energy Partners executed a definitive agreement to acquire Iron Horse Midstream, a portfolio company of Sixth Street; no price was stated. Source: Howard Energy Partners (Business Wire)
Platinum Equity signed a definitive agreement to acquire Chicago-based EDP from PPC; terms were not disclosed. Source: Platinum Equity (PR Newswire)
New York City-based Orangewood Partners acquired a majority interest in Refrigerated Solutions Group, headquartered in Hudson, Wisconsin; no price was stated. Source: Orangewood Partners (Business Wire)
Bertram Capital acquired Zelienople, Pennsylvania-based Motion & Control Enterprises from Frontenac; terms of the transaction were not disclosed. Source: Bertram Capital
Rivian announced it has acquired Third Dimension AI; financial terms of the transaction were not disclosed. Source: Rivian
Port Jersey Logistics Network, a Maxwell Street portfolio company, acquired Edison, New Jersey-based Fond du Lac; terms of the transaction were not disclosed. Source: Port Jersey Logistics Network (Business Wire)
Bolt Biotherapeutics announced the acquisition of Prana Therapies in a stock-for-stock sign-and-close reverse merger; Prana equity holders will own about 51.7% of Bolt, no price was stated, and a separate $120 million private placement is not a deal value. Source: SEC filing (Bolt Biotherapeutics)
Labcorp announced a definitive agreement to acquire Millennium Health; financial terms were not disclosed. Source: Labcorp
KKR announced the agreement to acquire the Explosion Protection and Static Control segments from HOERBIGER; financial terms were not disclosed. Source: KKR (Business Wire)
Pilot Fiber entered into a definitive agreement to acquire the New York and New Jersey metro fiber business of Boldyn Networks; financial terms were not disclosed. Source: Pilot Fiber
Selective Site Holdings, based in Overland Park, Kansas, acquired the St. Louis-based Network Real Estate; the transaction closed on October 23 and terms were not disclosed. Source: Selective Site Holdings (Business Wire)
Right Lane Industries completed the acquisition of 100% of the membership interests of Capacity Trucks and LayMor, both headquartered in Longview, Texas, from Terex; financial terms were not disclosed. Source: Right Lane Industries (Business Wire)
Amphenol signed a definitive agreement to acquire Colorado-based AdvancedPCB from Industrial Growth Partners; its release gives one combined purchase price for several acquisitions and no price for AdvancedPCB alone. Source: SEC filing (Amphenol)
Intel announced that it has entered into a definitive agreement to acquire Classiq, headquartered in Tel Aviv, Israel; the release states no price. Source: Intel
I Squared Capital entered into a definitive agreement to acquire Orizon Aerostructures, headquartered in Kansas City, Missouri; the financial terms were not disclosed. Source: I Squared Capital (Business Wire)
Freshworks announced that it has acquired Robusta Dev Ltd.; no price was stated. Source: Freshworks
Hivest Capital Partners completed the acquisition of Sustana, a recycled fiber and paper maker headquartered in De Pere, Wisconsin; financial terms were not disclosed. Source: Hivest Capital Partners
Unconventional AI announced a deal to buy NeuReality, an Israeli AI chip company; no financial details were disclosed. Source: Globes
The deal above is not in the 32-deal count: it states no amount and names no counsel. Two counted deals have an Israel link: Intel / Classiq, where Classiq is headquartered in Tel Aviv, and T3 Defense / KeepZone AI, whose release is datelined New York and Netanya, Israel.
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.
This edition covers October 22-28, 2026. A deal counts if it has a US target or a US buyer, the buyer takes control, and the deal states an amount or names counsel with a stated role for at least one side; 17 smaller deals with neither were recorded and are not in the count (one of them, NeuReality, is shown in the Israel corner). Also left out: deals first announced before the week (LSEG's purchase of Octus, because LSEG confirmed talks on October 13), investments with no stated control, a sale of an insurance shell with no operating business, deals with no US party, deals where only the seller is American, asset and IP purchases, non-binding proposals, financings, and real estate. 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 $22.5 billion total adds the price each company states, using enterprise value where one is given, and leaves out earn-outs, contingent payments and stock with no stated dollar value. Deals that state only separate pieces or a combined price are counted but not added to the total.
Verified US M&A deals and the counsel scoreboard.
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