Corporate Control Alert – a service of The Deal that provides analysis of key Delaware case law and trends in dealmaking, activism, and regulation – has ranked Alston & Bird second among counsel to financial advisors on U.S. M&A transactions with a value of $100 million or more announced between January 1 and December 31, 2025.
Partners Stuart Rogers and Aaron Dixon of Alston & Bird’s Financial Advisors Team acted as counsel to investment banks in 28 qualifying transactions in 2025.
In 2025, Alston & Bird advised investment banks on qualifying deals that included:
- Abbott Laboratories’ $21 billion acquisition of Exact Sciences Corporation; Alston & Bird represented the financial advisor to Abbott Laboratories.
- Royal Gold Inc.’s $3.5 billion acquisition of Sandstorm Gold Ltd. and Horizon Copper Corp.; Alston & Bird represented the financial advisor to Royal Gold Inc.
- Aspen Technology Inc.’s $7.2 billion sale to Emerson Electric Co.; Alston & Bird represented the financial advisor to Aspen Technology Inc.
- Rayonier Inc.’s $8.2 billion merger of equals with PotlatchDeltic; Alston & Bird represented the financial advisor for Rayonier Inc.
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.