McGuireWoods’ global mergers and acquisitions practice aggressively ascended the rankings for transactions involving U.S.-based targets in the first half of 2016 in Thomson Reuters M&A Legal Advisory Review, ranking the 1,000-lawyer firm for the number of deals handled.
From January 1 through June 30, the firm stood at No. 21, a significant 39-place move from a comparable period in 2015, for advising clients on 35 deals worth $12.6 billion.
The firm’s notable deals in the first half of 2016 included advising Dominion Resources Inc. in its $4.4 billion acquisition of Questar Corp., and representing Apple REIT Ten, Inc. and the special committee of its board of directors in its planned $1.3 billion sale to Apple Hospitality REIT, Inc.
McGuireWoods also ranked third in dollar volume for materials deals involving an industry acquisition in Japan, according to Thomson Reuters M&A Legal Advisory Review. The firm represented Houlihan Lokey as financial advisor to Freeport-McMoRan in its $1 billion sale of a 13 percent interest in its Morenci mine to Sumitomo Metal Mining.
Separately, in Thomson Reuters Mid-Market M&A Legal Advisory Review, for the first half of 2016 McGuireWoods rose to No. 15 for transactions involving U.S.-based targets, up 36 spots from the same time last year.
“Lawyers across all of our corporate departments who handle M&A work have been doing an outstanding job closing deals for an array of clients across industries including energy, healthcare, food and beverage, real estate, financial services and technology, among others, in the United States and internationally,” said David Pusateri, deputy managing partner for McGuireWoods’ corporate practice. “We are gratified to see the results reflected in the league tables.”
With more than 100 lawyers, McGuireWoods’ M&A team counsels clients on matters throughout the Americas, Europe, Asia and the Pacific Rim. The firm’s nationwide M&A practice is ranked in the 2016 edition of The Legal 500 United States.