A Texas Lawbook article titled, “15 deals, 11 law firms, 107 Texas lawyers. $4.5B,” featured findings from Akerman’s latest PErspectives report in its analysis of private equity and corporate transactions led by legal counsel in Texas.
The publication wrote, “Might the U.S. middle market be losing its torque? That’s the question Akerman and PitchBook posed in their review of third-quarter data involving deal activity, exit volume, valuation and fundraising trends for smaller buyout funds in the U.S. (less than $1 billion). The duo found a marginal decline in third quarter transaction activity despite a projected record year for middle market buyouts, which they said led them to wonder whether the historically long dealmaking bull run ‘may be getting long in the tooth.’”