D CEO recently discussed the world of mergers and acquisitions in the Dallas-Fort Worth area, calling 2014 the “year of the energy deal.” Energy transactions in North Texas, which totaled approximately $28.6 billion, outstripped all other M&A industry sectors last year. While experts believe that energy spending will slow in 2015, those lower commodity prices continue to benefit other M&A sectors.
Gardere Partner Chris Converse, chair of the Firm’s Securities and Corporate Governance Team, told the publication that the Firm is seeing a number of manufacturing companies in play. “That’s probably part of a larger nationwide trend in which capital has been flowing back into the U.S. manufacturing sector due to a variety of factors, including lower energy and transportation costs.”
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