McGuireWoods reinforced its position as a leading law firm for U.S. and global M&A transactions in 2020, earning top 10 rankings in year-end league tables published by Refinitiv and Bloomberg.
The firm placed fifth for the number of deals involving U.S. targets in Refinitiv’s rankings and was sixth for U.S. deal count in Bloomberg’s league tables. McGuireWoods was ninth in Refinitiv’s rankings and 10th in Bloomberg’s report for global M&A deals.
McGuireWoods also delivered another strong performance in mid-market M&A, with top deal count rankings in multiple categories. The firm was fifth in Refinitiv’s league tables for mid-market deals involving U.S. targets and sixth for all U.S. deals in Bloomberg’s rankings. For worldwide mid-market deals, McGuireWoods was fifth in Refinitiv’s rankings and eighth in Bloomberg’s league tables.
The firm’s notable transactions included advising Dominion Energy in the sale of substantially all of the company’s natural gas transmission and storage business to an affiliate of Berkshire Hathaway. The deal was valued at $9.7 billon. The firm also advised Novant Health, a leading North Carolina health system, in negotiating the purchase of New Hanover Regional Medical Center. Once completed, the $4.8 billion deal will be the largest hospital transaction in North Carolina’s history.
“We are especially proud of the results our team delivered for our clients in a year of unprecedented challenges,” said Michael Woodard, chair of the firm’s Mergers & Acquisitions Department. “We look forward to helping our clients achieve their business goals in 2021.”
McGuireWoods’ M&A practice has earned nationwide recognition from Chambers USA and The Legal 500. The firm won The M&A Advisor’s Cross Border Deal of the Year Award for its role assisting Teledyne Technologies in the company’s 2019 acquisition of 3M’s gas and flame detection business.