← All editions US M&A Deal Digest: October 29 to November 4, 2026
Published November 5, 2026
39verified deals announced
$153.7B+disclosed deal value
20deals missing at least one side's counsel
In one week, October 29 to November 4, 2026, Vest tracked 39 verified US M&A deals with more than $153.7 billion in disclosed value. The largest: Marvell's all-stock agreement to acquire Lumentum at a $115 billion implied enterprise value. Latham & Watkins led the counsel scoreboard, appearing on 5 deals.
This edition's discussion on LinkedIn → Counsel scoreboard
Published, verified appearances across the 39 deals; buy-side and sell-side counted separately.
| Law firm | Deals | Clients this edition |
| Latham & Watkins | 5 | DoorDash, One Rock Capital Partners, Harvey, Shoals Technologies, Penguin Solutions |
| Kirkland & Ellis | 4 | Thrive Holdings, Advent International, Transom Capital, Vantive |
| Cooley | 3 | Instacart, Cresta, CrowdStrike |
| Jones Day | 3 | Marathon Petroleum, ARRAY Technologies, KeyCorp |
| 2 each | | A&O Shearman; Cravath; Gibson Dunn; Honigman; K&L Gates; McGuireWoods; Skadden |
Not counted: Latham & Watkins as counsel to the conflicts committee of MPLX on the Marathon refinery sale; Willkie Farr as debt financing counsel on the Warren Valve deal; Miles & Stockbridge on the TENICA deal, where the release does not say which side it advised; and firms listed without a stated role or only by trade press.
Of the 39 US M&A deals in this edition (October 29 to November 4, 2026), 20 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 20, neither side's counsel has been announced. The 4 largest deals with a disclosed value all named counsel on both sides. Of the previous edition's 9 deals with a side missing, 1 now has a named firm. Tracked weekly on this page.
Deals with disclosed value
Marvell acquires Lumentum
$115B implied EV Nov 2, 2026 Optical networking Buy: Wilson SonsiniSell: Davis Polk
Marvell agreed to acquire Lumentum, a maker of optical and photonic technologies for AI and cloud networks, in an all-stock deal at 4.500 Marvell shares per Lumentum share, an implied enterprise value of $115 billion. Source: SEC filing (Lumentum)
DoorDash acquires Instacart
$17B equity Oct 29, 2026 Grocery technology Buy: Latham & WatkinsSell: Cravath; Cooley
DoorDash agreed to acquire Instacart for $65.00 per share, at least 75% of it in cash, an equity value of about $17 billion. Source: Instacart
Thrive Holdings acquires ADT
$15.3B EV Oct 29, 2026 Home security Buy: Kirkland & EllisSell: Cravath
Thrive Holdings agreed to take ADT private in an all-cash deal at $10.00 per share, about $7.6 billion in equity value and $15.3 billion in enterprise value. Source: SEC filing (ADT)
CVR Energy acquires Marathon Petroleum's St. Paul Park and Mandan refineries
$4.2B Nov 3, 2026 Oil refining Buy: Vinson & Elkins; Proskauer RoseSell: Jones Day
CVR Energy agreed to buy Marathon Petroleum's St. Paul Park, Minnesota and Mandan, North Dakota refineries and the related marketing business for about $4.2 billion plus net working capital. Source: SEC filing (CVR Energy)
The Andersons acquires Harvestone Low Carbon Partners
$915M Nov 4, 2026 Ethanol Buy: PolsinelliSell: not yet disclosed
The Andersons agreed to acquire Harvestone Low Carbon Partners, which owns and operates three ethanol plants in North Dakota and Indiana, from Energy Capital Partners for $915 million. Source: The Andersons (PR Newswire)
One Rock Capital Partners acquires Kraft Heinz's North America coffee business
$650M EV Nov 4, 2026 Coffee brands Buy: Latham & WatkinsSell: McGuireWoods
Kraft Heinz agreed to sell its North America coffee business, including Maxwell House and Gevalia, to One Rock Capital Partners at an enterprise value of $650 million, keeping a 30% non-controlling stake. Source: Kraft Heinz (Business Wire)
Bilt acquires LAVA
$300M Nov 2, 2026 Sports loyalty technology Buy: not yet disclosedSell: not yet disclosed
Bilt acquired LAVA, a technology platform for loyalty and membership programs at major sports and entertainment organizations, in a deal valued at $300 million. Source: Bilt (Business Wire)
Rockwell Medical acquires Vantive's hemodialysis business
$125M Nov 3, 2026 Dialysis products Buy: Gibson DunnSell: Kirkland & Ellis
Rockwell Medical agreed to acquire Vantive's hemodialysis concentrates, machines and water treatment business for a $125 million base price, financed by the seller, plus up to $45 million in contingent payments. Source: SEC filing (Rockwell Medical)
First Mid Bancshares acquires Evergreen Bancshares
$70.7M Oct 29, 2026 Banking Buy: ArentFox SchiffSell: Husch Blackwell
First Mid Bancshares agreed to acquire Evergreen Bancshares, parent of American Bank of Freedom in Wellsville, Missouri, for about $70.7 million in stock and cash. Source: First Mid Bancshares (GlobeNewswire)
Kewaunee Scientific acquires Nycom
$55M Nov 2, 2026 Lab construction services Buy: K&L GatesSell: not yet disclosed
Kewaunee Scientific agreed to acquire Nycom, a provider of laboratory and interior construction services, for an initial base price of $55 million. Source: SEC filing (Kewaunee Scientific)
L.B. Foster acquires Dulworth Enterprises
$52.2M Oct 29, 2026 Precast concrete Buy: not yet disclosedSell: Faegre Drinker
L.B. Foster acquired substantially all the operating assets of Dulworth Enterprises, a maker of residential wastewater precast products, for about $52.2 million in cash. Source: L.B. Foster (GlobeNewswire)
MeridianMade acquires Perrigo's infant formula business
$40M Oct 29, 2026 Infant formula Buy: Sullivan & CromwellSell: A&O Shearman
Perrigo agreed to sell its infant formula business to MeridianMade for $40 million in cash at closing and up to $135 million more tied to performance milestones, total consideration of up to $175 million. Source: Perrigo (PR Newswire)
Deals with undisclosed value
ARRAY Technologies acquires Shoals Technologies
Nov 4, 2026 Solar equipment Buy: Jones DaySell: Latham & Watkins
ARRAY Technologies agreed to acquire Shoals Technologies, a maker of electrical systems for utility-scale solar, in an all-stock deal; ARRAY is the legal acquirer and the release states no deal value. Source: SEC filing (Shoals Technologies)
Salesforce acquires Cresta
Nov 2, 2026 AI voice agents Buy: not yet disclosedSell: Cooley
Salesforce signed a definitive agreement to acquire Cresta, which builds voice agents for customer calls; terms were not disclosed. Source: Salesforce
Salesforce acquires Rune Technologies
Oct 29, 2026 Defense logistics software Buy: CovingtonSell: not yet disclosed
Salesforce signed a definitive agreement to acquire Rune Technologies, which builds logistics and sustainment software for the U.S. military and allied nations; terms were not disclosed. Source: Salesforce
CrowdStrike acquires Dreadnode
Nov 3, 2026 AI security Buy: CooleySell: not yet disclosed
CrowdStrike agreed to acquire Dreadnode, a company focused on automated AI security testing; the price, to be paid mostly in cash, was not stated. Source: CrowdStrike (Business Wire)
Harvey acquires Aida
Oct 29, 2026 Sales software Buy: Latham & WatkinsSell: not yet disclosed
Harvey announced the acquisition of Aida, an AI-native sales execution platform; terms were not disclosed. Source: Harvey
Seequent (Bentley Systems) acquires Eliis
Nov 2, 2026 Seismic software Buy: Dechert; Simmons & SimmonsSell: not yet disclosed
Seequent, part of Bentley Systems, acquired Eliis, a developer of seismic interpretation software headquartered in Montpellier, France; terms were not disclosed. Source: Bentley Systems
Advent International acquires Vermeg
Nov 2, 2026 Financial software Buy: Kirkland & EllisSell: not yet disclosed
Advent International agreed to acquire Vermeg, a provider of technology for capital markets and life insurance, from Charterhouse Capital Partners and founder Badreddine Ouali; terms were not disclosed. Source: Advent International
AIG acquires Everest's insurance operations in Chile
Oct 30, 2026 Insurance Buy: Willkie Farr; Carey y CíaSell: Debevoise & Plimpton
AIG agreed to acquire Everest Group's insurance operations in Chile, which serve corporate and upper-middle-market clients; terms were not disclosed. Source: AIG (Business Wire)
Empresas Polar acquires Ricos Products
Oct 30, 2026 Snack foods Buy: SkaddenSell: Norton Rose Fulbright
Empresas Polar acquired Ricos Products, a family-owned snack food company headquartered in San Antonio, Texas, and the originator of concession nachos; terms were not disclosed. Source: Empresas Polar (PR Newswire)
Speyside Equity acquires The TAPCO Tube Company
Oct 29, 2026 Steel tubing Buy: HonigmanSell: not yet disclosed
Speyside Equity completed the acquisition of The TAPCO Tube Company, a Midwest-based maker of steel tubing and building products; terms were not disclosed. Source: Speyside Equity (PR Newswire)
Mondelez International takes a majority stake in Undercover Snacks
Oct 30, 2026 Snack foods Buy: not yet disclosedSell: Goodwin
Mondelez International made a majority investment in Undercover Snacks, maker of chocolate and frosted quinoa crisps; the founders keep a significant minority stake. Source: Undercover Snacks (PR Newswire)
Platinum Equity acquires Warren Valve
Nov 2, 2026 Flow control valves Buy: Gibson DunnSell: Baker Botts
Platinum Equity acquired Warren Valve, a provider of flow control valves, from Allied Group; terms were not disclosed. Source: Platinum Equity
Equity Medical takes a majority stake in Skylight Health Research
Nov 3, 2026 Clinical research Buy: Foley & LardnerSell: not yet disclosed
Equity Medical acquired a majority stake in Skylight Health Research, a clinical research site network with locations in Burlington, Massachusetts and Colorado Springs, Colorado. Source: Equity Medical (Business Wire)
The Office Gurus acquires Select VoiceCom
Nov 2, 2026 Business process outsourcing Buy: Hill Ward Henderson; Quisumbing TorresSell: Holland & Knight
The Office Gurus, part of Superior Group of Companies, acquired Select VoiceCom, a Philippines-based business process outsourcing provider; terms were not disclosed. Source: The Office Gurus
KeyBanc Capital Markets acquires Atlantic-Pacific Capital
Nov 3, 2026 Capital advisory Buy: Jones DaySell: Blank Rome
KeyBanc Capital Markets agreed to acquire Atlantic-Pacific Capital, a private capital advisor for financial sponsors headquartered in New York; terms were not disclosed. Source: KeyBanc Capital Markets (PR Newswire)
L Squared Capital Partners acquires Edko
Nov 3, 2026 Vegetation management Buy: SkaddenSell: K&L Gates
L Squared Capital Partners acquired Edko, a provider of vegetation management services for critical infrastructure; terms were not disclosed. Source: L Squared Capital Partners
Transom Capital acquires Penguin Solutions' Cree LED business
Nov 4, 2026 LED components Buy: Kirkland & EllisSell: Latham & Watkins
Transom Capital agreed to acquire the Cree LED business of Penguin Solutions, which makes LED chips and components, in an all-cash deal with no stated price. Source: SEC filing (Penguin Solutions)
Paradigm Equity Partners acquires STI Fabrics
Nov 4, 2026 Textiles Buy: HonigmanSell: not yet disclosed
Paradigm Equity Partners acquired STI Fabrics, a maker of woven upholstery and performance fabrics headquartered in Kings Mountain, North Carolina; terms were not disclosed. Source: Paradigm Equity Partners (Business Wire)
TENICA Global Solutions acquires Trinity Enterprise Services
Nov 3, 2026 Intelligence services Buy: PilieroMazzaSell: not yet disclosed
TENICA Global Solutions acquired Trinity Enterprise Services, a systems engineering provider to the U.S. Intelligence Community; terms were not disclosed. Source: TENICA (Business Wire)
Oak Hill Capital takes a majority stake in Wyyerd
Oct 29, 2026 Fiber broadband Buy: Paul, WeissSell: A&O Shearman
Oak Hill Capital agreed to acquire a majority stake in Wyyerd, a fiber broadband provider in Arizona and Southern California, from Carlyle; terms were not disclosed. Source: Oak Hill Capital (PR Newswire)
Creative Planning acquires Rockbridge Investment Management
Nov 4, 2026 Wealth management Buy: not yet disclosedSell: Lynn D'Elia Temes & Stanczyk
Creative Planning acquired Rockbridge Investment Management, a wealth management firm based in Syracuse, New York; the deal closed on November 2. Source: Creative Planning (PR Newswire)
Third Space Partners acquires Quest Events
Oct 29, 2026 Event production Buy: McGuireWoodsSell: not yet disclosed
Third Space Partners acquired Quest Events, a provider of drape and modular scenic solutions for live events; terms were not disclosed. Source: Third Space Partners (Business Wire)
Xsolla acquires GamePix
Oct 29, 2026 Web games Buy: ADVANT NctmSell: not yet disclosed
Xsolla announced its acquisition of GamePix, a platform that publishes and distributes browser games; GamePix has been part of Xsolla since August 2026. Source: Xsolla (Business Wire)
Arch Insurance North America acquires Premier Dealer Services
Oct 30, 2026 Auto finance and insurance products Buy: Eversheds SutherlandSell: not yet disclosed
Arch Insurance North America agreed to acquire Premier Dealer Services, a Dublin, Ohio-based provider of automotive finance and insurance products; terms were not disclosed. Source: Arch Insurance North America (Business Wire)
Helena Dumont acquires SMP Supply
Oct 30, 2026 Industrial distribution Buy: WinsteadSell: not yet disclosed
Helena Dumont acquired SMP Supply, a Houston distributor of pipe, valves, fittings and flanges; the deal closed on October 19. Source: Helena Dumont (Business Wire)
Revelyst acquires Optimum Golf Technologies
Nov 4, 2026 Golf technology Buy: Reed SmithSell: Marriott Harrison
Revelyst acquired Optimum Golf Technologies, a European distributor of golf technology products, which will be rebranded as Revelyst Golf Technology Europe. Source: Revelyst (Business Wire)
Israel corner
Affle acquires Perion
$420M equity Nov 1, 2026 Ad technology Counsel: Meitar (Perion); Barnea Jaffa Lande (Affle)
Perion, headquartered in Tel Aviv, agreed to be acquired by Affle for $11.70 per share in cash, an equity value of about $420 million. Source: SEC filing (Perion)
The deal above is not in the 39-deal count: the buyer, Affle 3i, is listed in India and Perion is based in Tel Aviv, so neither side is American.
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 29 to November 4, 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; 27 smaller deals with neither were recorded and are not in the count. Also left out: deals that only say two companies will merge or combine, with no buyer named, investments and stakes with no stated control, deals with no US party (including Affle and Perion, shown in the Israel corner), project and asset portfolios, an idle refinery site, non-binding proposals, financings, real estate, and deals first announced before the week. Dates and values come from each company's own release or SEC filing; a law firm's announcement or a closing does not move a deal into the week, and a firm page with no company release does not count as an announcement. 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 $153.7 billion total adds the price each company states, using enterprise value where one is given, and leaves out contingent payments and stock with no stated dollar value. Deals with no stated price are counted but not added to the total.