Corporate Control Alert – a service of The Deal that provides analysis of key Delaware case law, trends in dealmaking, activism, and regulation – has ranked Alston & Bird sixth among counsel to financial advisors on U.S. M&A transactions with a value of $100 million or more announced between Jan. 1 and Dec. 31, 2023.
Partners Stuart Rogers and Aaron Dixon of Alston & Bird’s Financial Advisors Team acted as counsel to the investment banks in 13 qualifying transactions in 2023 with an aggregate value of more than $86 billion.
Last year, Alston & Bird advised investment banks on qualifying deals that included:
- Chevron Corporation’s $53 billion announced acquisition of Hess Corporation; Alston & Bird represented the financial advisor to Chevron.
- Eagle Bulk Shipping in its planned $2.1 billion merger with Star Bulk Carriers; Alston & Bird represented the financial advisor to Eagle.
- UnitedHealth’s $3.3 billion announced acquisition of Amedisys; Alston & Bird represented the financial advisor to UnitedHealth.
- Chevron Corporation’s $7.6 billion acquisition of PDC Energy Inc.; Alston & Bird represented the financial advisor to Chevron.
- Realty Income Corporation’s $9.5 billion acquisition of Spirit Realty Capital; Alston & Bird represented the financial advisor to Realty Income.
Alston & Bird is consistently ranked among the top 10 law firms representing financial advisors in M&A deals by Corporate Control Alert, in recent years acting as counsel to investment banks in transactions with an aggregate value exceeding $1 trillion.