Transactions
Strategy Inc’s perpetual stream preferred stock offering
Date Announced:
11/07/2025
client:
Strategy Inc
Status:
Closed – 11/13/2025
Value:
€620 million
Archer Aviation Inc.’s registered direct offering of common stock to fund the acquisition of Hawthorne Airport
Date Announced:
11/06/2025
client:
Archer Aviation Inc.
Status:
Closed – 11/10/2025
Value:
$650 million
EPIC Midstream Holdings, LP, a portfolio company of Ares Management Corp., sale of its interest in Epic Crude Holdings, LP
Date Announced:
11/05/2025
client:
EPIC Midstream Holdings, LP
Status:
Closed – 11/01/2025
Value:
$1.33bn cash consideration and an earnout of up to $157mm
Evotec SE’s sale of Just – Evotec Biologics EU and strategic partnership with Sandoz Group AG
Date Announced:
11/04/2025
client:
Evotec SE
Status:
Closed – 12/08/2025
Value:
Up to $650 million
IMAX Corporation’s convertible senior notes offering, convertible notes repurchase and capped call transactions
Date Announced:
11/04/2025
client:
IMAX Corporation
Status:
Closed – 11/06/2025
Value:
$250 million – Convertible Senior Notes Offering
STOCKMEIER Holding SE’s acquisition of CC Holding Laren B.V. (dba Creamy Creation Group), a portfolio company of Wagram Equity Partners B.V.
Date Announced:
10/30/2025
client:
STOCKMEIER Holding SE
Status:
Closed – 10/28/2025
Value:
Undisclosed
BKV Corp.’s acquisition of 25% of BKV-BPP Power JV from Banpu Power US Corp.
Date Announced:
10/29/2025
client:
The Special Committee of BKV Corp.
Status:
Pending
Value:
$376 million
Optasia’s sale of a 20.1% stake to Firstrand
Date Announced:
10/29/2025
client:
Optasia
Status:
Closed – 11/04/2025
Value:
$272 million
Attorney General of the State of Delaware’s role as a representative of the beneficiaries of the OpenAI, Inc. non-profit in the recapitalization to a Public Benefit Corporation
Date Announced:
10/28/2025
client:
Attorney General of the State of Delaware
Status:
Closed – 10/28/2025
Value:
Undisclosed
Essential Utilities, Inc.’s all-stock merger with American Water Works Company, Inc.
Date Announced:
10/27/2025
client:
Essential Utilities, Inc.
Status:
Pending
Value:
$63 billion
Makarora Management LP’s take private of Plymouth Industrial REIT, Inc.
Date Announced:
10/24/2025
client:
Makarora Management LP
Status:
Pending
Value:
$2.1 billion
New York Football Giants, Inc.’s sale of a minority stake to Julia Koch and her family
Date Announced:
10/22/2025
client:
New York Football Giants, Inc.
Status:
Closed – 10/22/2025
Value:
Undisclosed
21Shares AG’s sale to FalconX Holdings
Date Announced:
10/22/2025
client:
21Shares AG
Status:
Closed – 11/20/2025
Value:
Undisclosed
Railbird Technologies Inc.’s sale to DraftKings, Inc.
Date Announced:
10/21/2025
client:
Railbird Technologies Inc.
Status:
Closed – 10/21/2025
Value:
Undisclosed
TodayTix, Inc., a portfolio company of Great Hill Partners, LP, sale to MARI
Date Announced:
10/20/2025
client:
TodayTix, Inc.
Status:
Closed – 10/17/2025
Value:
Undisclosed
