Corporate Control Alert, the legal and financial dealmaking journal published by The Deal, 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, 2022.
Partners Stuart Rogers and Aaron Dixon (Financial Advisors) acted as counsel to the investment banks in 12 qualifying transactions having an aggregate value of more than $48 billion in 2022.
Included among last year’s qualifying deals on which Alston & Bird advised the investment banks are:
- Albertsons Companies Inc.’s proposed $25 billion business combination with supermarket retailer Kroger, in which Alston & Bird represented the financial advisor to Alberstons.
- Churchill Downs Inc.’s $2.75 billion acquisition of Peninsula Pacific Entertainment, in which Alston & Bird represented the financial advisor to Churchill.
- Healthcare Realty Trust’s $8 billion business combination with Healthcare Trust of America, in which Alston & Bird represented the financial advisor to Healthcare Realty Trust.
- Delwinds Insurance Acquisition Corp.’s $369 million acquisition of FOXO Technologies Inc. in which Alston & Bird represented the financial advisor to Delwinds, a SPAC.
- Tug Hill and XcL Midstream’s $5.2 billion announced sale to EQT Corp., a leading independent natural gas producer, in which Alston & Bird represented the financial advisor to Tug and XcL.
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.