Dealytics Weekly Review

Welcome to the Dealytics weekly review where we list a summary of the top M&A deals, announcements, insights from the previous week.

Edition 69

Weekly M&A Metrics (December 8, 2024 - December 14, 2024)

Deal Volume: $62.7 Billion

Number of Deals: 156

M&A Advisory Fees: $306.3 Million

Top Industry: Financials

Top Deals

(December 9, 2024) Arthur J Gallagher Co. to acquire AssuredPartners Inc. from GTCR LLC and Apax Partners LLP for $13.45 billion.

• Morgan Stanley served as financial advisor to AssuredPartners

• Kirkland & Ellis ( Thomas Dobleman, Jeffrey Ayer, Kyle McHugh, Kartik Khanna, Margaret Dewar, Srinivas Kaushik, Daniel Lewis, Matthew Reilly, Adam Clifford, Norm Armstrong, Joshua Korff, Scott Price, Mike Carew, Christopher Thomas, Ted Frankel) served as legal advisor to AssuredPartners

• Gibson Dunn & Crutcher LLP ( Darius Mehraban, Andrew Fabens) and Sidley Austin LLP (Brent Steele, Sean Carney, Brian Fahrney) served as legal advisors to Arthur J. Gallagher & Co

• Jefferies, Goldman Sachs & Co., and Barclays served as financial advisors to GTCR LLC and Apax Partners

(December 10, 2024) Nippon Life Insurance Co Ltd. to acquire Resolution Life Group Holdings LP for $10.6 billion.

• Goldman Sachs & Co. ( James Mann) served as financial advisor to Resolution Life Group Holdings

• Kirkland & Ellis ( Aleksander Bakic, Richard Watkins, Alex Brodkin), Debevoise & Plimpton LLP ( Almas Daud, Richard Sofield, Kristen Matthews, Daniel Priest, Timothy McIver, Nicholas Potter, Jonathan Lewis, David Grosgold), and Herbert Smith Freehills ( Matthew FitzGerald) served as legal advisor to Resolution Life Group Holdings

• J.P. Morgan ( Hiroki Kondo, Bryan Payne), MUFG, and Morgan Stanley served as financial advisor to Nippon Life Insurance

• Nishimura & Asahi ( Tatsuya Tanigawa, Tatsuya Nakayama), Ashurst LLP ( Philip Hardy, Con Tzerefos, Natsuko Ogawa), Mayer Brown LLP ( Camila Panama, Joe Castelluccio, David Alberts), ASW Law Ltd. ( Kim Willey, Hanno Tolhurst, Neil Horner), Bell Gully, and DLA Piper served as legal advisor to Nippon Life Insurance

(December 9, 2024) Novolex to acquire Pactiv Evergreen Inc. for $18 per share in an all cash deal representing a 22.6% premium totaling $6.7 billion.

• Lazard ( Donald Fawcett, Mark McMaster, Jack Edwards), and Goldman Sachs served as financial advisor to Pactiv Evergreen

• Paul Hastings LLP ( Timothy Fesenmyer, Sean Donahue, Jason Ertel, Michael Murray, Jonathan Kubek, Eduardo Gallardo), and Davis Polk & Wardwell LLP ( Byron Rooney, Lee Hochbaum) served as legal advisor to Pactiv Evergreen

• RBC Capital Markets, Morgan Stanley, and Barclays served as financial advisor to Novolex

• Weil, Gotshal & Manges LLP ( Tim Burns), Paul, Weiss, Rifkind, Wharton & Garrison LLP (Brian Kim, Brian Finnegan), and O'Melveny & Myers LLP served as legal advisor to Novolex

(December 11, 2024) PT XL Axiata Tbk to acquire PT Smart Telcom and PT Smartfren Telecom Tbk for $6.5 billion.

• Deutsche Bank AG, Citi, and Malayan Savings Bank served as financial advisor to PT XL Axiata Tbk

• Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates ( Rajeev Duggal, Jonathan Stone, Jisun Choi, Bruce Goldner, Rory McAlpine, Steve Kwok) served as legal advisor to PT XL Axiata Tbk

• CIMB Group Holdings Bhd, and JPMorganChase served as financial advisor to PT Sinar Mas Group

(December 11, 2024) Patient Square Capital LP to acquire Patterson Companies, Inc. for $31.35 per share representing a 49% totaling $4.1 billion.

• Guggenheim Securities LLC served as financial advisor to Patterson Cos

• Taft Stettinius & Hollister LLP ( Brett Anderson, Joseph Dunham, Kathleen Crowe Eick) served as legal advisor to Patterson Cos

• UBS, Citi, and Wells Fargo Bank NA served as financial advisor to Patient Square Capital

• Kirkland & Ellis LLP ( Joel Weinberger, Oliver Yee, John Ilardo, Julia Danforth, Sophia Hudson, Jason Kanner, Mark Schwed, Michael Weisser, Maggie Flores), Latham & Watkins ( Gene Mazzaro, Erika Weinberg, Michelle Ontiveros Gross, Conray Tseng, Jesse Sheff, Andrew Baker, Brian Rock, Benjamin Rosemergy, Yigit Bora Bozkurt, Peter Sluka, Stelios Saffos), Stikeman Elliott LLP ( Philippe Kattan, Jean-Guillaume Shooner, Mario Paura, Miguel Manzano, Sara Zborovski, Stephanie Weschler, Kevin Ackhurst, Kathleen Chevalier, Michael Laskey, Patrick Welsh, John Leopold, Jonathan Auerbach, Natasha vandenHoven, Jason Paperman) and Greenberg Traurig, LLP served as legal advisor to Patient Square Capital

(December 10, 2024) Nykredit Realkredit A/S offered to acquire all shares in Spar Nord Bank AS for $29.73 per share representing 49% premium totaling $2.81 billion.

• Davis Polk & Wardwell LLP ( Mark Chalmers, Reuven Young), and Haagen & Møller Advokatpartnerselskab served as legal advisor to Nykredit Realkredit

(December 9, 2024) Macquarie Asset Management to acquire 40% stake stake in Dow Inc's select U.S. Gulf Coast infrastructure assets for $2.4 billion

• BMO Capital Markets served as financial advisor to Macquarie Asset Management

• Sidley Austin LLP ( Cliff Vrielink, Tommer Yoked) served as legal advisor to Macquarie Asset Management

• Citi Inc. ( Paul A Smith, Todd Guenther), and Goldman Sachs ( Kenneth Grahame, Dan Korich, Stephan Feldgoise) served as financial advisor to Dow Inc

• Linklaters LLP ( Gregory Gewirtz, Heiko Schiwek, George Casey) served a legal advisor to Dow Inc

(December 9, 2024) CVC CAPITAL PARTNERS LIMITED to acquire CompuGroup Medical SE & Co. KGaA for $23.24 per share representing a 33.5% premium totaling $1.2 billion.

• UBS Investment Bank served as financial advisor to CVC Capital Partners

• Freshfields Bruckhaus Deringer LLP ( Frank Laudenklos, Peter Niggemann, Philipp Pütz, Stephan H Waldhausen) served as legal advisor to CVC Capital Partners

(December 11, 2024) Zalando SE to acquire ABOUT YOU Holding SE for $6.84 per share in cash representing a 67% premium totaling $1.13 billion.

• White & Case LLP ( Sebastien Seele, Frederic Wuensche, Thilo Diehl, Dr. Mathis R., Tilman Kuhn, Sebastian Stutze, Woldemar Häring, Alisa Preissler, Bodo Bender, Dr. Alexander Kiefner) served as legal advisor to ABOUT YOU Holding

• Sullivan & Cromwell LLP ( Michael Rosenthal, Carsten Berrar) served as legal advisor to Zalando SE

(December 10, 2024) GEN Digital Inc. to acquire MoneyLion Inc. for $82.00 per share in cash plus a contingent value right per share entitling shareholders to a payment of $23 per share if the price reaches $37.50 over 30 consecutive trading days, adding up to $105.00 per share representing a 36.4% premium totaling $1 billion.

• KBW ( Joseph Berry, Jordan Banov, ashwan bimbhet, Dan Gerard, Natalie Ierardi) served as financial advisor to MoneyLion

• Cooley LLP ( Kevin Cooper) and Davis Polk & Wardwell LLP ( Hilary Dengel, Byron Rooney, William Curran, Darren Schweiger, Adam Kaminsky, Pritesh Shah, Lee Hochbaum) served as legal advisor to MoneyLion

• Evercore Inc. served as financial advisor to Gen Digital

• Kirkland & Ellis ( Leia Pearl Andrew, Rohit Nafday, Anthony Ji, Dan Li, Daniel Kahl, Joel Weinberger, Jennifer Lee, XiaoHong Jing, Sophia Hudson, Maria Smith, Sara Zablotney, Paige Comparato, Stefan Atkinson, Christopher Leach, Carlo Zenkner, Edward J. Lee) served as legal advisor to Gen Digital

(December 12, 2024) Triton Investment Company to acquire Robert Bosch GmbH's building technologies division’s product business for $735.53 million.

• Kirkland & Ellis ( Andrew McAlpine, Alexander Längsfeld, Dr. Sebastian Häfele, Jonathan Kidwell, Patrick Navein, Tom Bartram, Dr. Michael H. Ehret, Sally Evans, Ben Leyendecker, Jennifer Wilson, Emma Flett, Tobias Larisch) served as legal advisor to Triton Investment Management

• Lazard Ltd. served as financial advisor to Robert Bosch GmbH

(December 9, 2024) Rockland Trust Co. to acquire Enterprise Bank (Enterprise Bancorp) for $45.06 per share representing a 23.6% premium totaling $562 million.

• Piper Sandler served as financial advisor to Enterprise Bancorp

• Hunton Andrews Kurth LLP ( Beth Whitaker, Peter Weinstock) served as legal advisor to Enterprise Bancorp

• KBW ( Frank Cicero, Marcus Mollica) served as financial advisor to Rockland Trust Co

• Simpson Thacher & Bartlett LLP ( Louis Argentieri, Jonathan Goldstein, Amanda Allexon, Jeannine McSweeney, Lee Meyerson) served as legal advisor to Rockland Trust Co

(December 12, 2024) Upbound Group Inc. to acquire Brigit for up to $460 million.

• Financial Technology Partners / FT Partners ( Steve McLaughlin, Daniel D'Amico) served as financial advisor to Brigit

• Cooley LLP ( Len Jacoby, Lei Shen, Obrea Poindexter, Sean Ruff, Stephane Levy, David Silverman, Stephanie Gentile, Nyron Persaud, Megan Browdie ), and Morgan, Lewis & Bockius LLP served as legal advisor to Brigit

• Greenhill & Co. served as financial advisor to Upbound Group

• Sullivan & Cromwell LLP ( Nader Mousavi, Rita-Anne O'Neill, Ari Blaut, Matthew Friestedt, Renata B. Hesse, Jameson Lloyd, Alison Ressler) and Mayer Brown served as legal advisor to Upbound Group

(December 12, 2024) Delek Logistics Partners LP to acquire Gravity Water Midstream division from Gravity Oilfield Services Inc. for $285 million.

• Bank of America served as financial advisor to Delek Logistics Partners

• Baker Botts LLP ( Erin Hopkins) served as legal advisor to Delek Logistics Partners

• Piper Sandler served as financial advisor to Gravity Oilfield Services

• Vinson & Elkins ( Rebecca Baker, Sarah Mitchell, Hill Wellford, Jackson O'Maley, Dario Mendoza, Matthew Dobbins, Jason McIntosh, Matt Strock, Michael Marek) served as legal advisor to Gravity Oilfield Services

(December 11, 2024) Societe BIC SA to acquire Tangle Teezer Ltd from Mayfair Equity Partners LLP for $210.69 million.

• Harris Williams & Co. served as financial advisor to Tangle Teezer

• Rothschild & Co ( Charles Mussat, Simon Cope-Thompson, Jamie Hutton) served as financial advisor to Societe BIC

• Goodwin Procter LLP ( James Grimwood) served as legal advisor to Mayfair Equity Partners LLP

(December 9, 2024) A consortium of investors including 3i Group plc and Paul Heeringa to invest $153.21 million in WaterWipes UC.

• Rothschild & Co ( Manfredi Corsini, Philippe Noël, Sandra Nait-Amer, Simon Cope-Thompson, Shiv Shah, Jamie Hutton) served as financial advisor to WaterWipes

• Mason Hayes & Curran LLP ( Cathy Grant, Alan Burns, Áine Quigley, Angela Freeman, Nick Metcalfe, David O'Donnell, Martin Kelleher) served as legal advisor to WaterWipes

• A&O Shearman ( Neil Sinha, Peter Banks) and Arthur Cox LLP ( Patrick Horan, Ed McDonagh, Jacinta Conway, Maura McLaughlin) served as legal advisors to the consortium of investors

(December 12, 2024) Agnico Eagle Mines Limited to acquire O3 Mining - Minière O3 for $1.17 per share representing a 57.5% premium totaling $144 million.

• Maxit Capital LP and Fort Capital Partners served as financial advisors to O3 Mining

• Cassels Brock & Blackwell LLP and Bennett Jones LLP ( Julia Wang, Philip Ward, Jeff Taylor, Vanessa Trepanier, Jean Tessier, Andrew Disipio, Sander Grieve KC, Talia Bregman, Simon Grant, Zirjan Derwa) served as legal advisors to O3 Mining

• EdgeHill Insurance Brokers Ltd. served as financial advisors to Agnico Eagle Mines

• Davies Ward Phillips & Vineberg LLP served as legal advisor to Agnico Eagle Mines