Mergers, Acquisitions, & Divestitures

Jackson Walker has extensive experience representing clients involved in all types of mergers, acquisitions, dispositions, joint ventures and other strategic alliances, with exceptional experience in private equity, healthcare, and cross-border transactions.

We have represented clients, including publicly and privately held companies, as well as private equity funds and hedge funds, involved in merger and acquisition transactions, from large to small and from simple to extremely complex. Our experience includes a wide range of negotiated and contested transactions including: mergers, stock and asset purchases and dispositions, spin-offs, exchange offers, tender offers, proxy contests, going-private and going dark transactions, and leveraged buy-outs.

Guiding M&A transactions from start to finish

Our typical activities in M&A transactions include:

  • Drafting and negotiating asset purchase, stock purchase and merger agreements
  • Preparing filings under applicable securities laws (including proxy materials, registration statements, tender offer materials, Section 16 filings, Schedule 13Ds and 13Gs and other filings), the Hart-Scott-Rodino Act and other statutes
  • Handling exchange offers, tender offers, proxy contests and going private and going dark transactions
  • Counseling publicly and privately held companies, as well as private equity funds and hedge funds, boards of directors, special committees and in-house counsel
  • Developing and deploying measures to deter or defend against hostile takeover attempts, including shareholder rights plans (“poison pills”) and bylaw and charter provisions
  • Handling conversions, recapitalizations, reorganizations (both in and out of bankruptcy), spin-offs and other divestiture transactions
  • Representing investment banking firms in connection with their fairness opinions with respect to these transactions
  • Assisting in communications with analysts and the media

Taking an interdisciplinary approach

Our acute focus on each client’s unique needs leads us to approach each transaction with an interdisciplinary team of attorneys tailored to the specific transaction, handling the various corporate, securities, intellectual property, litigation, employee benefits, tax, environmental, antitrust, and other issues inherent in mergers and acquisitions. More recently our multidisciplinary teams have made extensive use of our Bankruptcy practice group and Litigation group in work-outs, transactions involving financially distressed companies, and in representing chapter 11 debtors and purchasers.

In the past few years alone, we have represented clients in connection with the following transactions:

  • Represented a leading modular building and portable storage provider in the Western U.S. in the sale of substantially all assets for a purchase price of $260 million
  • A merger of a NASDAQNMS-listed energy company into an NYSE listed electric company
  • A complex cross-border acquisition of a French manufacturing company and the formation of joint ventures in Turkey and Lebanon involving significant tax, intellectual property and corporate law issues
  • A leveraged recapitalization transaction in which a private equity firm acquired control of a broadband internet, cable television and telephone service provider
  • Secondary market purchases by a hedge fund of funds of interests in over 198 different hedge funds valued at over $123.4 million
  • A joint venture between a Texas-based spirits distributor in a transaction with the second-largest spirits and wine distributor in Illinois, creating the largest spirit, wine and malt beverage distributor in the state of Illinois
  • A merger transaction involving the sale of a privately held, Dallas-based medical information technology company to a private equity fund in a transaction valued at approximately $400 million
  • A sale of a minority interest in an Indian low-cost carrier airline listed on the Bombay Stock Exchange for all-cash consideration of approximately $41 million
  • A sale by a privately held, Dallas-based medical information technology company in a $40 million merger transaction involving its sale to a private equity fund
  • An acquisition by a public healthcare company of another public healthcare company by way of a stock exchange offer
  • A sale of a public healthcare company to a public pharmaceuticals company by way of a cash tender offer in a transaction value at approximately $225 million
  • An acquisition of an asphalt refinery following a Chapter 11 bankruptcy of the target resulting in a transaction value at approximately $45 million
  • A sale of equity interests in privately-held manufacturer of baked goods to a publicly traded Colombian company for approximately $84 million
  • Led the team advising the publicly traded seller of a refinery and related terminal, pipeline and feedstock assets for $115 million, including negotiation of the asset purchase agreement and complex transition and employee services agreements.
  • Representation of one of the largest independent liquids terminal and pipeline operators in the nation in its acquisition of a refined products terminal in Linden, N.J. in a $142.5 million transaction.

Madison Alexander

Madison Alexander

Associate, Dallas
214.953.5864

Arturo Cavazos, Jr.

Arturo Cavazos, Jr.

Partner, San Antonio
210.978.7720

Stephanie L. Chandler

Stephanie L. Chandler

Partner, San Antonio
210.978.7704

Alden S. Crow

Alden S. Crow

Partner, Dallas
214.953.6019

David B. Deaton

David B. Deaton

Partner, Houston
713.752.4508

Byron F. Egan

Byron F. Egan

Partner, Dallas
214.953.5727

Roderick O. Faulk

Roderick O. Faulk

Senior Counsel, San Antonio
210.978.7730

Brandon Flowers

Brandon Flowers

Associate, Austin
214.953.5671

Alex Frutos

Alex Frutos

Partner, Dallas
214.953.6012

Ryan K. Holm

Ryan K. Holm

Partner, Dallas
214.953.5745

Kyle Hooper

Kyle Hooper

Partner, Dallas
214.953.6046

Steven R. Jacobs

Steven R. Jacobs

Partner, San Antonio
210.978.7727

Kevin A. Jones

Kevin A. Jones

Partner, Dallas
214.953.6129

Michelle Kwan

Michelle Kwan

Partner, Austin
512.236.2357

Ann M. Leafstedt

Ann M. Leafstedt

Partner, San Antonio
210.978.7743

Emily Leitch

Emily Leitch

Partner, Houston
713.752.4543

Brian Lidji

Brian Lidji

Partner, Dallas
214.953.6028

Scott Looper

Scott Looper

Partner, Houston
713.752.4436

Evan M. Malloy

Evan M. Malloy

Partner, Fort Worth
817.334.7225

Shari Y. Mao

Shari Y. Mao

Partner, San Antonio
210.978.7764

Nathan McCune

Nathan McCune

Partner, Fort Worth
817.334.7295

Cale McDowell

Cale McDowell

Partner, Austin
512.236.2057

Amanda Miller

Amanda Miller

Associate, Dallas
214.953.5730

Carolyn Mulvey

Carolyn Mulvey

Senior Counsel, San Antonio
210.978.7703

Danny Nappier

Danny Nappier

Partner, Dallas
214.953.5917

Valery Piedra

Valery Piedra

Associate, Houston
713.752.4294

Aaron Pinegar

Aaron Pinegar

Partner, Dallas
214.953.5658

Erik S. Romberg

Erik S. Romberg

Senior Counsel, Austin
512.236.2025

Jessica Schwartz

Jessica Schwartz

Assistant General Counsel, Dallas
214.953.5983

Eve M. Searls

Eve M. Searls

Business Professional, San Antonio
210.978.7732

Jeremy I. Sheng

Jeremy I. Sheng

Partner, Houston
713.752.4248

Manonh Soumahoro

Manonh Soumahoro

Associate, Dallas
214.953.6022

Patrick B. Tobin

Patrick B. Tobin

Partner, San Antonio
210.978.7785

Kirk Tucker

Kirk Tucker

Partner, Houston
713.752.4389

William H. Venema

William H. Venema

Of Counsel, Austin
512.236.2278

Zoe Wachter

Zoe Wachter

Associate, Fort Worth
817.334.7201

Chelsea T. Wood

Chelsea T. Wood

Partner, Fort Worth
817.334.7220

Michael W. Wood

Michael W. Wood

Partner, Houston
713.752.4200

Office table meeting chairs
Jackson Walker Advises Verzatec Group on Acquisition of Ultra Tech Extrusions

Jackson Walker represented Verzatec Group in its acquisition of Ultra Tech Extrusions of Tennessee, Inc., a manufacturer of extruded edge banding, T-molding, and custom profiles for the furniture industry.

Client Results • March 24, 2026

Jackson Walker Represents Handling Systems and Conveyors in Sale to HKW

Jackson Walker represented Handling Systems and Conveyors, Inc. (“HSC”) in its acquisition by HKW, a middle‑market private equity firm focused on growth companies.

Client Results • February 23, 2026

Oil and gas pipeline pipes
Jackson Walker Represents Westerman Ltd. in $860M Sale of J-W Power Company

Jackson Walker represented Westerman Ltd. in connection with the negotiation and execution of a Stock Purchase Agreement for the sale of J-W Energy Company and its wholly-owned subsidiary J-W Power Company to USA Compression Partners, LP for total consideration of approximately $860 million. The closing is scheduled for January 2026.

Client Results • December 2, 2025

Jackson Walker Advises Renaissance Growth Partners on Acquisition of Permian Basin Assets

Jackson Walker represented Renaissance Growth Partners, a Dallas-based investment fund, and its subsidiaries in the successful acquisition of approximately 145,000 net acres located across 44 counties in West Texas and New Mexico, encompassing both conventional and unconventional wells within the Permian Basin. The acquired assets produce in excess of 1.1 million BOE annually, marking a significant expansion of Renaissance Growth Partners’ operational footprint in one of the most prolific oil and gas regions in the United States.

Client Results • November 10, 2025

Oil and gas pipeline pipes
Jackson Walker Represents Cambridgeport Capital in Sale of Integrity Assessment Group

Jackson Walker represented JRGO, LLC d/b/a Integrity Assessment Group (“IAG”), a leading provider of pipeline integrity and other testing services for the energy industry, and its controlling equityholder, Cambridgeport Capital, in a sale transaction with XCEL NDT, a portfolio company of Greycliff Partners. The transaction closed on September 8, 2025, for an undisclosed amount.

Client Results • October 27, 2025

Female Ladies carrying Colorful Shopping Bags in the parking lots Concept.
Jackson Walker Represents Borrower in Securing Credit Facility to Expand Lifestyle Brand Portfolio

Jackson Walker advised a strategic joint venture between Established Incorporated and ACI Licensing in securing a credit facility to support the acquisition of four prominent women’s lifestyle brands.

Client Results • April 30, 2025

medical statistics and graphic charts with stethoscope
Concentra Expands Occupational Health Services With Acquisition of Nova Medical Centers

Jackson Walker represented Concentra Group Holdings Parent, Inc. in its acquisition of U.S. Occmed Holdings, the parent company of Nova Medical Centers. The transaction marks a significant milestone in Concentra’s strategic expansion in the occupational health services sector.

Client Results • April 2, 2025

Panoramic view of aerospace hangar, civil aviation aircraft, repair and maintenance of mechanical parts in an industrial workshop.
Jackson Walker Advises Novaria Group on Acquisition of Bandy Manufacturing

Novaria Group, a leading manufacturer of specialty hardware, components, and coatings for the aerospace and defense industries, recently completed its acquisition of California-based Bandy Manufacturing, LLC, which supplies high-precision aerospace hinges and pins.

Client Results • February 10, 2025

Jackson Walker Represents Newton Financial Corp. and Concord Oil Co. in Sale of Mineral Assets in Permian and Eagle Ford Basins

Jackson Walker represented Newton Financial Corporation, LP and Concord Oil Company, LP in their acquisition by Elk Range Royalties LP. Announced on January 29, 2025, the transaction involved the sale of 100% equity of both entities, which collectively hold about 13,500 net royalty acres across the Permian and Eagle Ford basins.

Client Results • February 3, 2025

Jackson Walker Advises the Verzatec Group in Acquisition of Plastiglas de Mexico, S.A. de C.V.

Jackson Walker, in collaboration with Gifak Asesores, S.C. (“Gifak”), a law firm based in Monterrey, Mexico, advised Grupo Verzatec, S.A. de C.V. (“Verzatec”) in the acquisition, through two of its subsidiaries, of Plastiglas de Mexico, S.A. de C.V. The transaction was led by Gifak serving as Mexican counsel with Jackson Walker as U.S. counsel.

Client Results • October 10, 2024

More Mergers, Acquisitions, & Divestitures Client Results

FTC Announces Hart-Scott-Rodino Thresholds for 2026

By Ann Leafstedt and Shari Mao

On January 20, 2026, the Federal Trade Commission (FTC) announced the adjusted jurisdictional and filing fee thresholds under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (HSR Act). The HSR Act requires persons considering certain transactions which exceed the applicable size thresholds to file a premerger notice with the FTC and the Antitrust Division of the United States Department of Justice (DOJ), pay the required filing fee, and observe a designated waiting period before consummating the transaction.

Insights • February 18, 2026

Evan Malloy
‘D CEO’ and ACG Name Evan Malloy as a Finalist for Attorney of the Year Award

Jackson Walker partner Evan Malloy has been selected as a finalist for the 13th Annual Mergers & Acquisitions Awards. Evan was recognized in the Dealmakers of the Year category as a finalist for Attorney of the Year.

Attorney News • February 18, 2026

‘D Magazine’ Lists Four Jackson Walker Attorneys Among “Best Lawyers Under 40” for 2026

Jackson Walker congratulates Dallas attorneys Adrian Allen, Vienna Flores Anaya, Miguel A. Ortiz, and Elizabeth W. Pittman on their inclusion in D Magazine’s 2026 “Best Lawyers Under 40” list recognizing outstanding young attorneys in the North Texas area.

Attorney News • December 30, 2025

Michelle Kwan
Jackson Walker Welcomes Michelle Kwan to the Corporate & Securities Group in Austin

Jackson Walker is pleased to announce that Michelle Kwan has joined the firm as a partner in the Corporate & Securities group in our Austin office. Michelle is an experienced emerging growth and venture capital attorney whose practice spans the full spectrum of corporate matters.

Attorney News • November 11, 2025

Legal 500 US Elite Guide attorneys recognized
Jackson Walker Leads Texas in Inaugural Legal 500 US Elite Recognitions

Jackson Walker proudly announces the selection of 43 attorneys to the inaugural Legal 500 US Elite guide—the most of any firm in Texas.

Attorney News • October 29, 2025

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