---
title: "How much do M&A advisors charge?"
description: "Investment bank and M&A advisor fees disclosed in 626 US merger proxies and tender-offer statements filed 2023\u20132026, by deal size and by firm, each linked to the filing."
site: Deal Cost Index
content_updated: 2026-09-15
data_checked: 2026-09-13
license: CC BY 4.0
html: https://dealcostindex.com/ma-advisor-fees.html
---
M&A advisor fees · SEC filings 2023–2026

# How much do M&A advisors charge?

Across 626 US merger proxies and tender-offer statements filed 2023–2026, target-side advisor fees fell from a median of 5.9% of deal value on deals under $50M to 0.9% on deals over $5B.

The fairness-opinion portion, paid when the opinion is delivered, had a median of $2.0M across 513 disclosures. Every fee below links to the sentence in the filing that states it.

Key figures

626

filings with advisor fee disclosures

5.9%

median fee, deals under $50M

0.9%

median fee, deals over $5B

$2.0M

median fairness-opinion fee

## Fees by deal size

In 108 disclosed deals valued $1–5B, target-side advisor fees had a median of 1.89% of deal value; in 19 deals under $50M the median was 5.90%, and in 57 deals above $5B it was 0.94% (SEC filings, 2023–2026).

Sum of every target-side advisor's fee in each deal, divided by deal value. Deal value is the aggregate consideration stated in the filing or, where none is stated, the cash price per share × shares outstanding. SPAC mergers and deals whose two value measures disagree by more than 2× are excluded.

| Deal value | Deals | Median fee | Median % of value | Middle half | Median opinion fee |
|---|---|---|---|---|---|
| Under $50M | 19 | $1.66M | 5.90% | 2.83%–9.05% | $1M |
| $50–100M | 22 | $2.5M | 3.44% | 1.25%–4.96% | $1M |
| $100–250M | 30 | $3.95M | 2.27% | 1.46%–3.82% | $1M |
| $250–500M | 36 | $10.3M | 3.00% | 1.75%–4.23% | $1.25M |
| $500M–1B | 43 | $15.7M | 2.24% | 1.68%–2.92% | $2M |
| $1–5B | 108 | $37M | 1.89% | 1.37%–2.36% | $2.5M |
| $5B+ | 57 | $90M | 0.94% | 0.55%–1.26% | $4M |

## Fees by firm

Goldman Sachs disclosed 83 fees with a median of $33M (1.17% of deal value), Centerview Partners 81 with a median of $35M (1.75%), and J.P. Morgan 68 with a median of $23M (1.09%) in 2023–2026 SEC filings. By tier, a single elite-boutique advisor's fee had a median of 1.75% of deal value across 109 disclosures, against 1.25% across 156 for bulge-bracket banks.

Firms with two or more disclosed fees. Tier follows the public lists described in the [advisor directory](https://dealcostindex.com/providers.html); a firm is placed on the first list it appears on.

| Firm | Tier | Fee disclosures | Median fee | Median % of value | Median opinion fee |
|---|---|---|---|---|---|
| Goldman Sachs | Bulge bracket | 83 | $33M | 1.17% | $2M |
| CPCenterview Partners | Elite boutique | 81 | $35M | 1.75% | $2M |
| J.P. Morgan | Bulge bracket | 68 | $23M | 1.09% | $3M |
| BofA Securities | Bulge bracket | 48 | $18.1M | 1.07% | $2M |
| Morgan Stanley | Bulge bracket | 43 | $37M | 1.53% | $5M |
| Jefferies | Middle market | 32 | $23.8M | 1.43% | $2M |
| Citi | Bulge bracket | 23 | $21M | 1.44% | $2.75M |
| LPLeerink Partners | Not on a tier list | 22 | $3M | 2.75% | $1M |
| Evercore | Elite boutique | 21 | $20M | 1.55% | $2M |
| Houlihan Lokey | Middle market | 21 | $2.2M | 1.85% | $875K |
| TD Cowen | Middle market | 17 | $3M | 3.82% | $1M |
| Lazard | Elite boutique | 16 | $20M | 2.05% | $2M |
| Wells Fargo Securities | Not on a tier list | 14 | $27.9M | 1.02% | $4M |
| Guggenheim Securities | Elite boutique | 13 | $11.2M | 1.12% | $2.25M |
| Piper Sandler | Middle market | 12 | $3M | 2.17% | $875K |
| PJT Partners | Elite boutique | 11 | $26.2M | 0.70% | $5M |
| Kroll | Middle market | 9 | $575K | 0.43% | $243K |
| Keefe, Bruyette & Woods | Not on a tier list | 8 | $3.63M | 1.29% | $500K |
| Perella Weinberg Partners | Elite boutique | 8 | $5M | 2.12% | $1.5M |
| Truist Securities | Middle market | 8 | $7.7M | 1.75% | $1M |
| Raymond James | Middle market | 7 | $2.25M | 1.26% | $350K |
| NNewbridge | Not on a tier list | 7 | $75K | — | $45K |
| Moelis & Company | Elite boutique | 6 | $19.5M | 2.12% | $2.25M |
| ACAllen & Company | Not on a tier list | 6 | $37.5M | 0.13% | $7.75M |
| William Blair | Middle market | 5 | $1M | 0.62% | $1M |
| Stifel | Middle market | 4 | $1.75M | 5.88% | $1.5M |
| BMO | Not on a tier list | 4 | $15.5M | — | $4.75M |
| UBS | Bulge bracket | 4 | $18.3M | 176.98% | $2.5M |
| Rothschild | Elite boutique | 4 | $14.7M | 1.77% | $2.75M |
| Roth Capital Partners | Not on a tier list | 4 | $230K | 17.82% | $263K |
| CChestnut | Not on a tier list | 3 | $4M | 0.35% | — |
| Craig-Hallum | Not on a tier list | 3 | $500K | 3.70% | $300K |
| Chardan | Not on a tier list | 3 | $6.81M | 83.33% | — |
| RRbccm | Not on a tier list | 3 | $4M | 1.70% | $4.5M |
| FFt | Not on a tier list | 3 | $11.3M | 2.06% | $1.13M |
| SScalar | Not on a tier list | 2 | $118K | — | $85K |
| RBC Capital Markets | Not on a tier list | 2 | $6.75M | 0.20% | $1.5M |
| IIntrinsic | Not on a tier list | 2 | $200K | 0.20% | — |
| Barclays | Bulge bracket | 2 | $45.5M | 0.77% | $3M |
| BBtig | Not on a tier list | 2 | $1M | 0.92% | $500K |
| MMts | Not on a tier list | 2 | $2.5M | — | $2.5M |
| GDGordon Dyal | Not on a tier list | 2 | $45M | — | — |
| SSantander | Not on a tier list | 2 | $5M | 11.10% | — |
| LLincoln | Middle market | 2 | $1.4M | — | — |
| QPQatalyst Partners | Elite boutique | 2 | $83.5M | 0.51% | $6.25M |
| ICIBI Corporate Finance | Not on a tier list | 2 | $435K | 2.72% | — |
| FFocus | Lower middle market | 2 | $880K | 2.93% | — |
| IIntrepid | Not on a tier list | 2 | $250K | 0.15% | $875K |
| SStephens | Middle market | 2 | $6.25M | 0.70% | — |
| MMacquarie | Not on a tier list | 2 | $9.8M | 7.06% | $1.25M |
| KKidron | Not on a tier list | 2 | $275K | 4.74% | $150K |
| SSolomon | Not on a tier list | 0 | — | — | $2.25M |
| LLionTree | Not on a tier list | 2 | $31.5M | — | $8M |
| JJll | Not on a tier list | 2 | $3.33M | 0.80% | $400K |

A named firm’s figures are what it was paid on the specific engagements disclosed in these filings. They are not the firm’s rate card, the firm may charge differently on other work, and inclusion here does not imply any endorsement by or affiliation with the firm.

## Every disclosed fee

Hover over a fee to see the sentence it comes from. The line under each advisor shows which side of the deal it advised.

760 rows

| Target | Advisor | Deal value | Total fee | Opinion fee | Source |
|---|---|---|---|---|---|
| Supernus Pharmaceuticals, Inc. — acquired by Indivior | Jefferies — advising the acquirer | — | $27.5M | — | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1356576/000110465926107109/tm2625197-1_defm14a.htm) |
| Supernus Pharmaceuticals, Inc. — acquired by Indivior | Piper Sandler — advising the acquirer | — | $27.5M | $1.5M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1356576/000110465926107109/tm2625197-1_defm14a.htm) |
| Supernus Pharmaceuticals, Inc. — acquired by Indivior | Cantor Fitzgerald — advising the target | — | $30M | $2M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1356576/000110465926107109/tm2625197-1_defm14a.htm) |
| Atkore Inc. — acquired by Prysmian | Citi — advising the target | $2.6B — computed | $38M | $2.5M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1666138/000114036126035981/ny20080616x2_defm14a.htm) |
| Atkore Inc. — acquired by Prysmian | J.P. Morgan — advising the target | $2.6B — computed | $21.5M | $3M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1666138/000114036126035981/ny20080616x2_defm14a.htm) |
| Lantheus Holdings, Inc. — acquired by CapVest | Morgan Stanley — advising the target | $6.69B — computed | $81M | $10.5M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1521036/000119312526384284/d180727ddefm14a.htm) |
| Sanara MedTech Inc. — acquired by MiMedx | Truist Securities — advising the target | $4.82B — computed | $6.1M | — | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/714256/000121390026097669/ea0304447-01.htm) |
| Biolife Solutions Inc. — acquired by Repligen | CPCenterview Partners — advising the target | $1.58B — stated | $25M | $1M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/834365/000119312526383837/d112843ddefm14a.htm) |
| Roku, Inc. — acquired by Fox | ACAllen & Company — advising the acquirer | — | $55M | $5.5M | [DEFM14A Sep 2026](https://www.sec.gov/Archives/edgar/data/1428439/000119312526377700/d413482ddefm14a.htm) |
| Caesars Entertainment, Inc. — acquired by Fei | PJT Partners — advising the target | $6.32B — computed | $35M | $5M | [DEFM14A Aug 2026](https://www.sec.gov/Archives/edgar/data/1590895/000119312526365696/d143368ddefm14a.htm) |
| LogicMark, Inc. | Roth Capital Partners — advising the target | $1.18M — computed | $210K | — | [DEFM14A Aug 2026](https://www.sec.gov/Archives/edgar/data/1566826/000121390026092906/ea0302962-defm14a_logicmark.htm) |
| Theravance Biopharma, Inc. | Lazard — advising the target | $883M — computed | $23M | $2M | [DEFM14A Aug 2026](https://www.sec.gov/Archives/edgar/data/1583107/000110465926099364/tm2621435-2_defm14a.htm) |
| BIO-TECHNE Corp | Goldman Sachs — advising the target | $11.3B — stated | $106M | — | [DEFM14A Aug 2026](https://www.sec.gov/Archives/edgar/data/842023/000114036126033911/ny20078105x2_defm14a.htm) |
| First Real Estate Investment Trust Of New Jersey, Inc. | JJll — advising the target | — | $400K | $400K | [DEFM14A Aug 2026](https://www.sec.gov/Archives/edgar/data/36840/000207709626000233/ea0299235-defm14a_firstreal.htm) |
| AstroNova, Inc. — acquired by Arcline | RRockefeller — advising the target | $225M — computed | $4.2M | $1M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/8146/000119312526326441/d140981ddefm14a.htm) |
| Crinetics Pharmaceuticals, Inc. | J.P. Morgan — advising the target | $9.02B — computed | $69.4M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1658247/000114036126030500/ny20077458x2_defm14a.htm) |
| Crinetics Pharmaceuticals, Inc. | LPLeerink Partners — advising the target | $9.02B — computed | $60.8M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1658247/000114036126030500/ny20077458x2_defm14a.htm) |
| Dominion Energy, Inc. — acquired by NextEra Energy | Goldman Sachs — advising the target | — | $47M | $5M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) |
| Dominion Energy, Inc. — acquired by NextEra Energy | Lazard — advising the acquirer | — | $70M | $5M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) |
| Dominion Energy, Inc. — acquired by NextEra Energy | BofA Securities — advising the acquirer | — | $30M | $5M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) |
| Dominion Energy, Inc. — acquired by NextEra Energy | J.P. Morgan — advising the target | — | $78M | — | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/715957/000110465926087585/tm2621467-2_defm14a.htm) |
| Simulations Plus, Inc. | Morgan Stanley — advising the target | $375M — stated | $11M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1023459/000102345926000051/defm14a.htm) |
| Avalonbay Communities Inc. — acquired by Equity Residential | Morgan Stanley — advising the acquirer | $24.7B — stated | $50M | $5M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/915912/000110465926083113/tm2619865-1_defm14a.htm) |
| Avalonbay Communities Inc. — acquired by Equity Residential | Goldman Sachs — advising the target | $24.7B — stated | $65M | $3M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/915912/000110465926083113/tm2619865-1_defm14a.htm) |
| Huntsman CORP — acquired by Olin | Lazard — advising the acquirer | — | $24M | $5M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1307954/000119312526302130/d149884ddefm14a.htm) |
| Huntsman CORP — acquired by Olin | Citi — advising the target | — | $21M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1307954/000119312526302130/d149884ddefm14a.htm) |
| Huntsman CORP — acquired by Olin | Morgan Stanley — advising the target | — | $9M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1307954/000119312526302130/d149884ddefm14a.htm) |
| Apogee Therapeutics, Inc. — acquired by AbbVie | Goldman Sachs — advising the target | $10B — stated | $65M | — | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1974640/000114036126028341/ny20076262x2_defm14a.htm) |
| Apogee Therapeutics, Inc. — acquired by AbbVie | Jefferies — advising the target | $10B — stated | $65M | $2M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1974640/000114036126028341/ny20076262x2_defm14a.htm) |
| Liveperson Inc. — acquired by SoundHound | Houlihan Lokey — advising the target | — | $1.5M | — | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1102993/000121390026076759/ea0297465-01.htm) |
| Global Business Travel Group, Inc. | Rothschild — advising the special_committee | $4.95B — computed | $46M | $4M | [DEFM14A Jul 2026](https://www.sec.gov/Archives/edgar/data/1820872/000114036126027649/ny20072693x2_defm14a.htm) |
| Texas Mineral Resources Corp. — acquired by Usar | Roth Capital Partners — advising the target | — | — | $350K | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1445942/000121390026073218/ea0296324-01.htm) |
| Open Lending Corp — acquired by Anv | FFt — advising the target | $236M — computed | $8.7M | $1M | [SC 14D9 Jun 2026](https://www.sec.gov/Archives/edgar/data/1806201/000119312526286952/d140679dsc14d9.htm) |
| Nuvalent, Inc. | CPCenterview Partners — advising the target | $10.6B — stated | $100M | $2M | [SC 14D9 Jun 2026](https://www.sec.gov/Archives/edgar/data/1861560/000119312526280275/d26485dsc14d9.htm) |
| Modiv Industrial, Inc. — acquired by Gnl | Truist Securities — advising the target | — | $2.25M | $750K | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1645873/000110465926077331/tm2615734-8_defm14a.htm) |
| Corebridge Financial, Inc. — acquired by Equitable Holdings, Inc. | Morgan Stanley — advising the target | — | $60M | $5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1889539/000119312526279656/d115497ddefm14a.htm) |
| Corebridge Financial, Inc. — acquired by Equitable Holdings, Inc. | Goldman Sachs — advising the acquirer | — | $50M | — | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1889539/000119312526279656/d115497ddefm14a.htm) |
| Equitable Holdings, Inc. — acquired by Corebridge Financial, Inc. | Goldman Sachs — advising the target | — | $50M | — | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1333986/000119312526279668/d115497ddefm14a.htm) |
| Equitable Holdings, Inc. — acquired by Corebridge Financial, Inc. | Morgan Stanley — advising the acquirer | — | $60M | $5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1333986/000119312526279668/d115497ddefm14a.htm) |
| Organon & Co. — acquired by Sun Pharma | Morgan Stanley — advising the target | $3.68B — computed | $39.4M | $4M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1821825/000119312526273323/d15298ddefm14a.htm) |
| Cross Country Healthcare Inc. | BofA Securities — advising the target | $428M — computed | $6.12M | $2M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1141103/000114036126025249/ny20073866x2_defm14a.htm) |
| National Storage Affiliates Trust — acquired by Public Storage | Morgan Stanley — advising the target | — | $58.8M | $5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1618563/000119312526269503/d92293ddefm14a.htm) |
| KORE Group Holdings, Inc. — acquired by Searchlight | Rothschild — advising the special_committee | $700M — stated | $5M | $1.5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1855457/000114036126025086/ny20068726x6_defm14a.htm) |
| KORE Group Holdings, Inc. — acquired by Searchlight | TD Cowen — advising the acquirer | $700M — stated | $6M | — | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1855457/000114036126025086/ny20068726x6_defm14a.htm) |
| XOMA Royalty Corp | LPLeerink Partners — advising the target | $489M — computed | $18.4M | $1M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/791908/000119312526266069/d137792ddefm14a.htm) |
| Avanos Medical, Inc. — acquired by Aip | J.P. Morgan — advising the target | $4.13M — computed | $20M | — | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1606498/000110465926072432/tm2614353-2_defm14a.htm) |
| Catalyst Pharmaceuticals, Inc. | J.P. Morgan — advising the target | $3.86B — computed | $61M | $3.5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1369568/000119312526261719/d76493ddefm14a.htm) |
| Esperion Therapeutics, Inc. | CPCenterview Partners — advising the target | $703M — computed | $37.5M | $1.5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1434868/000110465926071107/tm2615754-2_defm14a.htm) |
| TruBridge, Inc. — acquired by Iks | SSolomon — advising the target | $450M — computed | — | $2.5M | [DEFM14A Jun 2026](https://www.sec.gov/Archives/edgar/data/1169445/000119312526256370/d12788ddefm14a.htm) |
| TopBuild Corp — acquired by Qxo | Goldman Sachs — advising the target | $6.4B — computed | $70M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1633931/000110465926068303/tm2612250-7_defm14a.htm) |
| TopBuild Corp — acquired by Qxo | RRbccm — advising the target | $6.4B — computed | $60M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1633931/000110465926068303/tm2612250-7_defm14a.htm) |
| NCR Atleos Corp — acquired by Brink's | J.P. Morgan — advising the target | $2.21B — computed | $43M | $4M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1974138/000114036126022937/ny20067297x1_defm14a.htm) |
| Sila Realty Trust, Inc. — acquired by Blue Owl | BofA Securities — advising the target | $1.57B — computed | $24.9M | $2.5M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1567925/000114036126022528/ny20070999x2_defm14a.htm) |
| Select Medical Holdings Corp — acquired by Wcas | Goldman Sachs — advising the special_committee | $2.05B — computed | $11M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1320414/000110465926064024/tm268269-4_defm14a.htm) |
| Select Medical Holdings Corp — acquired by Wcas | Wells Fargo Securities — advising the acquirer | $2.05B — computed | $11.5M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1320414/000110465926064024/tm268269-4_defm14a.htm) |
| Select Medical Holdings Corp — acquired by Wcas | J.P. Morgan — advising the acquirer | $2.05B — computed | $10M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1320414/000110465926064024/tm268269-4_defm14a.htm) |
| Whitestone REIT | JJll — advising the target | $781M — computed | $6.25M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1175535/000119312526229702/d119916ddefm14a.htm) |
| Whitestone REIT | BofA Securities — advising the target | $781M — computed | $17.5M | $2M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1175535/000119312526229702/d119916ddefm14a.htm) |
| Aes Corp | J.P. Morgan — advising the target | $502M — computed | $75M | $4M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/874761/000114036126021662/ny20067536x2_defm14a.htm) |
| Aes Corp | Wells Fargo Securities — advising the target | $502M — computed | $15M | $4M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/874761/000114036126021662/ny20067536x2_defm14a.htm) |
| M3-Brigade Acquisition V Corp. — acquired by ReserveOne | LLincoln — advising the special_committee | — | $550K | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/2016072/000121390026055964/ea0290506-01.htm) |
| KalVista Pharmaceuticals, Inc. | CPCenterview Partners — advising the target | $1.08B — computed | $44M | $2M | [SC 14D9 May 2026](https://www.sec.gov/Archives/edgar/data/1348911/000114036126021078/ny20073033x1_sc14d9.htm) |
| KalVista Pharmaceuticals, Inc. | Jefferies — advising the target | $1.08B — computed | $29.7M | $1.5M | [SC 14D9 May 2026](https://www.sec.gov/Archives/edgar/data/1348911/000114036126021078/ny20073033x1_sc14d9.htm) |
| Unifirst Corp — acquired by Cintas | J.P. Morgan — advising the target | $5.46B — computed | $42M | $5M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/717954/000114036126020380/ny20072400x1_defm14a.htm) |
| Unifirst Corp — acquired by Cintas | Goldman Sachs — advising the target | $5.46B — computed | $42M | $5M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/717954/000114036126020380/ny20072400x1_defm14a.htm) |
| Green Dot Corp | Citi — advising the target | — | $13M | $3M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1386278/000114036126020056/ny20062448x1_defm14a.htm) |
| Allbirds, Inc. — acquired by American Exchange Group | TD Cowen — advising the target | $39M — stated | $2M | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1653909/000119312526213226/d39753ddefm14a.htm) |
| Allbirds, Inc. — acquired by American Exchange Group | Kroll — advising the special_committee | $39M — stated | $300K | — | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1653909/000119312526213226/d39753ddefm14a.htm) |
| Centessa Pharmaceuticals plc — acquired by Lilly | CPCenterview Partners — advising the target | — | $66M | $1.25M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1847903/000119312526210276/d148719ddefm14a.htm) |
| Centessa Pharmaceuticals plc — acquired by Lilly | Jefferies — advising the target | — | $27.6M | $1.25M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1847903/000119312526210276/d148719ddefm14a.htm) |
| Kennedy-Wilson Holdings, Inc. — acquired by Fairfax Financial Holdings Limited | Moelis & Company — advising the special_committee | $1.52B — computed | $33M | $2.5M | [DEFM14A May 2026](https://www.sec.gov/Archives/edgar/data/1408100/000114036126018983/ny20065855x9_defm14a.htm) |
| Thermon Group Holdings, Inc. — acquired by Ceco | Citi — advising the acquirer | $2.1B — computed | $17.5M | $3M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1489096/000110465926047723/tm2612301-1_defm14a.htm) |
| Thermon Group Holdings, Inc. — acquired by Ceco | Morgan Stanley — advising the target | $2.1B — computed | $42.5M | — | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1489096/000110465926047723/tm2612301-1_defm14a.htm) |
| Webster Financial Corp — acquired by Santander | J.P. Morgan — advising the target | $7.86B — computed | $75M | $7.5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/801337/000114036126016415/ny20070640x1_defm14a.htm) |
| Soleno Therapeutics Inc. | CPCenterview Partners — advising the target | $4.44B — computed | $40M | $2M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1484565/000119312526162853/d108355dsc14d9.htm) |
| Soleno Therapeutics Inc. | Guggenheim Securities — advising the target | $4.44B — computed | $33M | — | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1484565/000119312526162853/d108355dsc14d9.htm) |
| Talkspace, Inc. — acquired by Uhs | Wells Fargo Securities — advising the target | $710M — computed | $15.7M | $3M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1803901/000119312526163940/d113811ddefm14a.htm) |
| Urgent.ly Inc. | PCPericles Capital — advising the target | $12.1M — computed | $4.31M | — | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1603652/000119312526161739/d48746dsc14d9a.htm) |
| Sphere 3D Corp. — acquired by Cathedra | RRosenblatt — advising the target | — | — | $175K | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1591956/000118518526001404/sphere3ddefm14a040226.htm) |
| Forian Inc. | Houlihan Lokey — advising the special_committee | $65.5M — computed | $2.5M | $1.25M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1829280/000114036126015053/ef20070541_sc14d9.htm) |
| Fonar Corp | MSMarshall & Stevens — advising the special_committee | $66.8M — computed | $120K | $120K | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/355019/000119312526159049/d81638ddefm14a.htm) |
| Kezar Life Sciences, Inc. | TD Cowen — advising the target | $51.3M — computed | $2.5M | $1M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1645666/000114036126014485/ny20070329x1_sc14d9.htm) |
| Enhabit, Inc. — acquired by Kinderhook | Goldman Sachs — advising the target | $707M — computed | $24.8M | — | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1803737/000119312526154881/d48559ddefm14a.htm) |
| Apellis Pharmaceuticals, Inc. — acquired by Biogen | Evercore — advising the target | $3.96B — computed | $76M | $2M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1492422/000119312526153887/d143771dsc14d9.htm) |
| Clear Channel Outdoor Holdings, Inc. — acquired by Mubadala Capital | Morgan Stanley — advising the target | $1.21B — computed | — | $5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1334978/000121390026042721/ea0283916-02.htm) |
| Clear Channel Outdoor Holdings, Inc. — acquired by Mubadala Capital | Moelis & Company — advising the target | $1.21B — computed | $25M | — | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1334978/000121390026042721/ea0283916-02.htm) |
| Veris Residential, Inc. | J.P. Morgan — advising the target | $1.78B — computed | $22M | $3M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/924901/000110465926042105/tm268506-2_defm14a.htm) |
| Veris Residential, Inc. | Morgan Stanley — advising the target | $1.78B — computed | $17M | $1.5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/924901/000110465926042105/tm268506-2_defm14a.htm) |
| Willow Lane Acquisition Corp. | NNewbridge — advising the target | — | $100K | $80K | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/2032379/000149315226015765/formdefm14a.htm) |
| Clearwater Analytics Holdings, Inc. | PJT Partners — advising the special_committee | $7.89B — stated | $42.2M | $5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1866368/000119312526146311/d49219ddefm14a.htm) |
| Clearwater Analytics Holdings, Inc. | J.P. Morgan — advising the target | $7.89B — stated | $51M | $5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1866368/000119312526146311/d49219ddefm14a.htm) |
| Terns Pharmaceuticals, Inc. — acquired by Merck | CPCenterview Partners — advising the target | $6.69B — computed | $50.5M | $2M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1831363/000119312526144549/d128161dsc14d9.htm) |
| Terns Pharmaceuticals, Inc. — acquired by Merck | Jefferies — advising the target | $6.69B — computed | $37M | $2M | [SC 14D9 Apr 2026](https://www.sec.gov/Archives/edgar/data/1831363/000119312526144549/d128161dsc14d9.htm) |
| ENVIRI Corp — acquired by Veolia | BofA Securities — advising the target | $3.04B — stated | $46M | — | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/45876/000004587626000069/enviri-definitiveproxyxapr.htm) |
| European Wax Center, Inc. — acquired by General Atlantic | Moelis & Company — advising the target | — | — | $2M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1856236/000119312526141205/d118454ddefm14a.htm) |
| Marine Products Corporation — acquired by MasterCraft | Wells Fargo Securities — advising the acquirer | $85.6M — computed | $4.25M | $2M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1129155/000119312526138991/d126426ddefm14a.htm) |
| Marine Products Corporation — acquired by MasterCraft | Truist Securities — advising the target | $85.6M — computed | $5.5M | — | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/1129155/000119312526138991/d126426ddefm14a.htm) |
| Masimo Corporation — acquired by Danaher | CPCenterview Partners — advising the target | $9.39B — computed | $60M | $5M | [DEFM14A Apr 2026](https://www.sec.gov/Archives/edgar/data/937556/000110465926038289/tm268869-3_defm14a.htm) |
| Sun Country Airlines Holdings, Inc. — acquired by Allegiant | Goldman Sachs — advising the target | $218M — computed | $22.6M | $2M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1743907/000114036126012383/ny20068391x1_defm14a.htm) |
| Sun Country Airlines Holdings, Inc. — acquired by Allegiant | Barclays — advising the acquirer | $218M — computed | — | $3M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1743907/000114036126012383/ny20068391x1_defm14a.htm) |
| SkyWater Technology, Inc. — acquired by IonQ | Goldman Sachs — advising the target | — | $33M | — | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1819974/000119312526134924/d134181ddefm14a.htm) |
| Urgent.ly Inc. | PPericles — advising the target | $12.1M — computed | $4.31M | — | [SC 14D9 Mar 2026](https://www.sec.gov/Archives/edgar/data/1603652/000119312526132730/d80461dsc14d9.htm) |
| Coterra Energy Inc. — acquired by Devon Energy | Goldman Sachs — advising the target | — | $37.5M | — | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/858470/000110465926036887/tm2610611-1_defm14.htm) |
| Devon Energy Corporation — acquired by Coterra Energy | Goldman Sachs — advising the other | — | $37.5M | — | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1090012/000110465926036909/tm265878-7_defm14a.htm) |
| Farmer Bros. Co. — acquired by Braemont | NPNorth Point — advising the target | $41.5M — computed | $1.5M | $250K | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/34563/000110465926035700/tm268832-2_defm14a.htm) |
| Warner Bros. Discovery, Inc. — acquired by Paramount Skydance | ACAllen & Company — advising the target | $68.8B — computed | $100M | $20M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1437107/000119312526125075/d115093ddefm14a.htm) |
| Warner Bros. Discovery, Inc. — acquired by Paramount Skydance | J.P. Morgan — advising the target | $68.8B — computed | $90M | $20M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1437107/000119312526125075/d115093ddefm14a.htm) |
| Day One Biopharmaceuticals, Inc. — acquired by Servier | CPCenterview Partners — advising the target | $1.34B — computed | $60M | $2M | [SC 14D9 Mar 2026](https://www.sec.gov/Archives/edgar/data/1845337/000119312526125045/d55037dsc14d9.htm) |
| DigitalBridge Group, Inc. — acquired by SoftBank Group | Barclays — advising the target | $2.19B — computed | — | $3M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1679688/000110465926033634/tm267669-2_defm14a.htm) |
| DigitalBridge Group, Inc. — acquired by SoftBank Group | J.P. Morgan — advising the target | $2.19B — computed | $28M | $3M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1679688/000110465926033634/tm267669-2_defm14a.htm) |
| Apollo Commercial Real Estate Finance, Inc. | BofA Securities — advising the target | $1.68B — stated | $8M | $3M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1467760/000119312526119995/d121550ddefm14a.htm) |
| Calavo Growers, Inc. — acquired by Mission Produce | Evercore — advising the acquirer | $486M — stated | $6.5M | $1.5M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1133470/000119312526117814/d15959ddefm14a.htm) |
| Calavo Growers, Inc. — acquired by Mission Produce | Jefferies — advising the target | $486M — stated | $12.5M | $2M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1133470/000119312526117814/d15959ddefm14a.htm) |
| SunOpta Inc. | Lazard — advising the target | $769M — computed | $17M | $1M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/351834/000119312526112429/d106636ddefm14a.htm) |
| Peakstone Realty Trust | BofA Securities — advising the target | $632M — computed | $16M | $2M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1600626/000114036126009458/ny20064692x2_defm14a.htm) |
| Janus Henderson Group plc | Goldman Sachs — advising the special_committee | $7.55B — computed | $55M | — | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1274173/000110465926026145/tm2534023-15_defm14a.htm) |
| Udemy, Inc. — acquired by Coursera | Morgan Stanley — advising the target | — | $20M | $1M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1607939/000114036126008785/ny20063463x1_defm14a.htm) |
| Arcellx, Inc. | CPCenterview Partners — advising the target | $5.73B — computed | $100M | $2M | [SC 14D9 Mar 2026](https://www.sec.gov/Archives/edgar/data/1786205/000110465926024793/tm267961-2_sc14d9.htm) |
| Golden Entertainment, Inc. — acquired by VICI Properties | MMacquarie — advising the other | $72M — computed | $9M | $1.25M | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1071255/000119312526096620/d26120ddefm14a.htm) |
| Golden Entertainment, Inc. — acquired by VICI Properties | SSantander — advising the other | $72M — computed | $8M | — | [DEFM14A Mar 2026](https://www.sec.gov/Archives/edgar/data/1071255/000119312526096620/d26120ddefm14a.htm) |
| Flushing Financial Corporation — acquired by OceanFirst | Keefe, Bruyette & Woods — advising the acquirer | $543M — stated | $7M | $1M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/923139/000119312526072827/d118843ddefm14a.htm) |
| Flushing Financial Corporation — acquired by OceanFirst | PPsc — advising the target | $543M — stated | — | $750K | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/923139/000119312526072827/d118843ddefm14a.htm) |
| RAPT Therapeutics, Inc. | J.P. Morgan — advising the target | $1.39B — computed | $50.4M | $2M | [SC 14D9 Feb 2026](https://www.sec.gov/Archives/edgar/data/1673772/000119312526065056/d785054dsc14d9a.htm) |
| Contango ORE, Inc. | Canaccord Genuity — advising the target | — | $4.15M | $400K | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1502377/000119312526049835/d42479ddefm14a.htm) |
| Bakkt, Inc. — acquired by Dtr | Kroll — advising the special_committee | — | $650K | $350K | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1820302/000119312526051757/d766953ddefm14a.htm) |
| Heritage Commerce Corp — acquired by CVB Financial Corp | J.P. Morgan — advising the acquirer | $811M — stated | $9M | $1M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1053352/000119312526048925/d105934ddefm14a.htm) |
| Heritage Commerce Corp — acquired by CVB Financial Corp | Piper Sandler — advising the target | $811M — stated | — | $1M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1053352/000119312526048925/d105934ddefm14a.htm) |
| Ventyx Biosciences, Inc. — acquired by Eli Lilly | Jefferies — advising the target | $1B — computed | $25.7M | $2M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1851194/000119312526033610/d93324ddefm14a.htm) |
| Ventyx Biosciences, Inc. — acquired by Eli Lilly | Moelis & Company — advising the target | $1B — computed | — | $2M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1851194/000119312526033610/d93324ddefm14a.htm) |
| RAPT Therapeutics, Inc. | J.P. Morgan — advising the target | $1.39B — computed | $50.4M | $2M | [SC 14D9 Feb 2026](https://www.sec.gov/Archives/edgar/data/1673772/000119312526032788/d42833dsc14d9.htm) |
| Amicus Therapeutics, Inc. — acquired by BioMarin | Goldman Sachs — advising the target | $4.47B — computed | $52.7M | — | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1178879/000114036126003092/ny20062454x3_defm14a.htm) |
| Amicus Therapeutics, Inc. — acquired by BioMarin | CPCenterview Partners — advising the target | $4.47B — computed | $52.7M | $2M | [DEFM14A Feb 2026](https://www.sec.gov/Archives/edgar/data/1178879/000114036126003092/ny20062454x3_defm14a.htm) |
| The Brand House Collective, Inc. — acquired by Bbby | CConsensus — advising the target | — | — | $150K | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1056285/000114036126003049/ny20061869x1_defm14a.htm) |
| Generation Bio Co. | TD Cowen — advising the target | — | $1.6M | $1M | [SC 14D9 Jan 2026](https://www.sec.gov/Archives/edgar/data/1733294/000110465926008720/gbio-20260130xsc14d9a.htm) |
| Avidity Biosciences, Inc. — acquired by Novartis | Goldman Sachs — advising the target | $7.84B — computed | $108M | $10M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1599901/000119312526031920/d94337ddefm14a.htm) |
| Avidity Biosciences, Inc. — acquired by Novartis | Barclays — advising the target | $7.84B — computed | — | $3.5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1599901/000119312526031920/d94337ddefm14a.htm) |
| Diamond Hill Investment Group, Inc. — acquired by First Eagle | BBroadhaven — advising the target | $430M — computed | $7M | $1M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/909108/000114036126002681/ny20061565x2_defm14a.htm) |
| Eventbrite, Inc. — acquired by Bending Spoons S.p.A. | ACAllen & Company — advising the target | — | $20M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1475115/000114036126002685/ny20061430x2_defm14a.htm) |
| Alexander & Baldwin, Inc. | BofA Securities — advising the target | $1.54B — computed | $18.1M | $2.5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1545654/000110465926006024/tm2533150-2_defm14a.htm) |
| Trailblazer Merger Corporation I — acquired by Cyabra | Roth Capital Partners — advising the other | $106M — stated | $175K | $175K | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1934945/000121390026006223/ea0273591-01.htm) |
| Monroe Capital Corporation | Houlihan Lokey — advising the special_committee | — | $1.75M | $500K | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1512931/000114036126001670/ny20055777x1_defm14a.htm) |
| First Foundation Inc. — acquired by FirstSun | SStephens — advising the acquirer | $784M — stated | $8.25M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1413837/000155278126000021/e26028_ffwm-defm14a.htm) |
| First Foundation Inc. — acquired by FirstSun | Keefe, Bruyette & Woods — advising the target | $784M — stated | — | $2M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1413837/000155278126000021/e26028_ffwm-defm14a.htm) |
| First Foundation Inc. — acquired by FirstSun | Jefferies — advising the target | $784M — stated | $2M | $2M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1413837/000155278126000021/e26028_ffwm-defm14a.htm) |
| Olympic Steel, Inc. — acquired by Ryerson | J.P. Morgan — advising the acquirer | — | $8M | $3M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/917470/000119312526012952/d75200ddefm14a.htm) |
| Olympic Steel, Inc. — acquired by Ryerson | KKeyBanc — advising the target | — | $7.5M | $1M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/917470/000119312526012952/d75200ddefm14a.htm) |
| Dynavax Technologies Corporation | CPCenterview Partners — advising the target | $1.82B — computed | $30M | $1M | [SC 14D9 Jan 2026](https://www.sec.gov/Archives/edgar/data/1029142/000119312526009777/d929738dsc14d9.htm) |
| Dynavax Technologies Corporation | Goldman Sachs — advising the target | $1.82B — computed | $30M | $1M | [SC 14D9 Jan 2026](https://www.sec.gov/Archives/edgar/data/1029142/000119312526009777/d929738dsc14d9.htm) |
| Generation Bio Co. | TD Cowen — advising the target | — | $1.6M | $1M | [SC 14D9 Jan 2026](https://www.sec.gov/Archives/edgar/data/1733294/000110465926002517/gbio-20260109xsc14d9.htm) |
| Confluent, Inc. — acquired by Ibm | Morgan Stanley — advising the target | $9.53B — computed | $84M | $5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1699838/000110465926002481/tm2532777-20_defm14a.htm) |
| Exact Sciences Corporation — acquired by Abbott | CPCenterview Partners — advising the target | $19.9B — computed | $70M | $5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1124140/000119312526008315/d93985ddefm14a.htm) |
| Exact Sciences Corporation — acquired by Abbott | XXms — advising the target | $19.9B — computed | $40M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1124140/000119312526008315/d93985ddefm14a.htm) |
| Brighthouse Financial, Inc. — acquired by Aquarian | Goldman Sachs — advising the target | $4B — computed | $41M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1685040/000114036126000522/ny20060599x2_defm14a.htm) |
| Brighthouse Financial, Inc. — acquired by Aquarian | Wells Fargo Securities — advising the target | $4B — computed | $41M | $5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1685040/000114036126000522/ny20060599x2_defm14a.htm) |
| CNL Healthcare Properties, Inc. — acquired by Sonida Senior Living, Inc. | RBC Capital Markets — advising the acquirer | $1.8B — stated | $10M | $1.5M | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1496454/000119312526003553/d10387ddefm14a.htm) |
| Synchronoss Technologies, Inc. — acquired by Lumine Group | TD Cowen — advising the target | $104M — computed | $4.7M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/1131554/000114036126000265/ny20060707x2_defm14a.htm) |
| Crawford United Corporation — acquired by Spx | LSLake Street — advising the target | $300M — stated | $2.23M | — | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/47307/000143774926000391/crawa20260103_defm14a.htm) |
| Crawford United Corporation — acquired by Spx | SStout — advising the target | $300M — stated | $175K | $175K | [DEFM14A Jan 2026](https://www.sec.gov/Archives/edgar/data/47307/000143774926000391/crawa20260103_defm14a.htm) |
| Veeco Instruments Inc. — acquired by Axcelis Technologies | J.P. Morgan — advising the acquirer | $612M — computed | $27.5M | $4M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/103145/000110465925125601/tm2534515-1_defm14a.htm) |
| Veeco Instruments Inc. — acquired by Axcelis Technologies | UBS — advising the target | $612M — computed | $28.5M | $3M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/103145/000110465925125601/tm2534515-1_defm14a.htm) |
| Essential Utilities, Inc. — acquired by American Water | BofA Securities — advising the acquirer | — | $45M | $2.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/78128/000119312525337599/d77595ddefm14a.htm) |
| Semrush Holdings, Inc. — acquired by Adobe | CPCenterview Partners — advising the target | $1.51B — computed | $33M | $5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1831840/000162828025059012/semrush-defm14a.htm) |
| TreeHouse Foods, Inc. | Goldman Sachs — advising the target | $1.2B — stated | $29.1M | $1.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1320695/000114036125046749/ny20059944x2_defm14a.htm) |
| Qorvo, Inc. — acquired by Skyworks Solutions | Goldman Sachs — advising the acquirer | — | $8M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1604778/000110465925124244/tm2534027-1_defm14a.htm) |
| Qorvo, Inc. — acquired by Skyworks Solutions | CPCenterview Partners — advising the target | — | $74M | $6M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1604778/000110465925124244/tm2534027-1_defm14a.htm) |
| Hologic, Inc. | Goldman Sachs — advising the target | $334M — computed | $109M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/859737/000114036125046571/ny20058411x2_defm14a.htm) |
| REV Group, Inc. — acquired by Terex | Barclays — advising the acquirer | — | — | $4M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1687221/000114036125046482/ny20060902x1_defm14a.htm) |
| REV Group, Inc. — acquired by Terex | J.P. Morgan — advising the target | — | $34M | $3M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1687221/000114036125046482/ny20060902x1_defm14a.htm) |
| PotlatchDeltic Corporation — acquired by Rayonier | Morgan Stanley — advising the acquirer | — | $20M | $3M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1338749/000119312525331070/d34255ddefm14a.htm) |
| PotlatchDeltic Corporation — acquired by Rayonier | BofA Securities — advising the target | — | $36M | $1.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1338749/000119312525331070/d34255ddefm14a.htm) |
| Civitas Resources, Inc. — acquired by SM Energy | Evercore — advising the acquirer | — | $20M | $2M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1509589/000110465925123530/tm2533879-1_defm14a.htm) |
| Civitas Resources, Inc. — acquired by SM Energy | J.P. Morgan — advising the target | — | $28M | $3.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1509589/000110465925123530/tm2533879-1_defm14a.htm) |
| Coeur Mining, Inc. — acquired by New Gold | BMO — advising the target | — | $21M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/215466/000114036125046294/ny20058226x3_defm14a.htm) |
| Coeur Mining, Inc. — acquired by New Gold | RRbccm — advising the target | — | — | $4.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/215466/000114036125046294/ny20058226x3_defm14a.htm) |
| Plymouth Industrial REIT, Inc. — acquired by Ares Management | J.P. Morgan — advising the target | $980M — computed | $8M | $1M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1515816/000119312525323606/plym_defm14a_2025_final.htm) |
| Warner Bros. Discovery, Inc. — acquired by Netflix | ACAllen & Company — advising the target | $74.3B — computed | $85M | $10M | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1437107/000119312525321674/d78122dsc14d9.htm) |
| Warner Bros. Discovery, Inc. — acquired by Netflix | J.P. Morgan — advising the target | $74.3B — computed | $85M | $5M | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1437107/000119312525321674/d78122dsc14d9.htm) |
| Warner Bros. Discovery, Inc. — acquired by Netflix | Evercore — advising the target | $74.3B — computed | $55M | — | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1437107/000119312525321674/d78122dsc14d9.htm) |
| Kenvue Inc. — acquired by Kimberly-Clark | J.P. Morgan — advising the acquirer | $6.71B — computed | $50M | $5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1944048/000114036125045607/ny20060344x1_defm14a.htm) |
| Kenvue Inc. — acquired by Kimberly-Clark | PJT Partners — advising the acquirer | $6.71B — computed | $57M | $5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1944048/000114036125045607/ny20060344x1_defm14a.htm) |
| Kenvue Inc. — acquired by Kimberly-Clark | CPCenterview Partners — advising the target | $6.71B — computed | $63M | $5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1944048/000114036125045607/ny20060344x1_defm14a.htm) |
| Kenvue Inc. — acquired by Kimberly-Clark | Goldman Sachs — advising the target | $6.71B — computed | $63M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1944048/000114036125045607/ny20060344x1_defm14a.htm) |
| CSG Systems International, Inc. | Jefferies — advising the target | $2.11B — computed | $37M | $1.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1005757/000114036125045563/ny20059863x2_defm14a.htm) |
| Repare Therapeutics Inc. | LPLeerink Partners — advising the target | — | $4M | $1M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1808158/000119312525319195/d922114ddefm14a.htm) |
| Forge Global Holdings, Inc. — acquired by Charles Schwab | FFt — advising the target | $550M — computed | $11.3M | $1.25M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1827821/000114036125045545/ny20058741x2_defm14a.htm) |
| Sotherly Hotels Inc. — acquired by Kwhp | Piper Sandler — advising the special_committee | $46.1M — computed | $1M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1301236/000119312525316771/d23662ddefm14a.htm) |
| Jamf Holding Corp. — acquired by Francisco Partners | Citi — advising the target | $1.74B — computed | $32M | $4M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1721947/000110465925120004/tm2531992-2_defm14a.htm) |
| Mersana Therapeutics, Inc. | TD Cowen — advising the target | — | $3.5M | — | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1442836/000110465925118903/tm2532730d1_sc14d9.htm) |
| Sonim Technologies Inc. | Roth Capital Partners — advising the special_committee | $15M — stated | $250K | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1178697/000149315225026277/formdefm14a.htm) |
| Semler Scientific, Inc. — acquired by Strive | LLionTree — advising the target | — | $18M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1554859/000114036125044545/ny20059964x1_defm14a.htm) |
| Cidara Therapeutics, Inc. — acquired by Merck | Evercore — advising the target | $6.96B — computed | $94M | $1.5M | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1610618/000119312525309970/d59361dsc14d9.htm) |
| Cidara Therapeutics, Inc. — acquired by Merck | Goldman Sachs — advising the target | $6.96B — computed | $94M | $1.5M | [SC 14D9 Dec 2025](https://www.sec.gov/Archives/edgar/data/1610618/000119312525309970/d59361dsc14d9.htm) |
| Avadel Pharmaceuticals PLC — acquired by Alkermes | Morgan Stanley — advising the target | $1.22B — computed | $27M | $2M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1012477/000110465925118137/tm2529379-3_defm14a.htm) |
| Avadel Pharmaceuticals PLC — acquired by Alkermes | Goldman Sachs — advising the target | $1.22B — computed | $27M | — | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1012477/000110465925118137/tm2529379-3_defm14a.htm) |
| Anywhere Real Estate Inc. — acquired by Compass | Morgan Stanley — advising the acquirer | — | $24M | $2.5M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1398987/000162828025054793/anywhereredefm14a.htm) |
| Anywhere Real Estate Inc. — acquired by Compass | Goldman Sachs — advising the target | — | $42M | $3M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/1398987/000162828025054793/anywhereredefm14a.htm) |
| DENNY'S Corp | Truist Securities — advising the target | $640M — stated | $9.3M | $2M | [DEFM14A Dec 2025](https://www.sec.gov/Archives/edgar/data/852772/000119312525303004/d74771ddefm14a.htm) |
| Comerica Inc. — acquired by Fifth Third | Goldman Sachs — advising the acquirer | — | $50M | — | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/28412/000119312525297173/d91722ddefm14a.htm) |
| Comerica Inc. — acquired by Fifth Third | J.P. Morgan — advising the target | — | $75M | $7.5M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/28412/000119312525297173/d91722ddefm14a.htm) |
| TrueCar, Inc. | Morgan Stanley — advising the target | $227M — computed | $12.5M | — | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1327318/000110465925115451/tm2528639-6_defm14a.htm) |
| Electronic Arts Inc. | Goldman Sachs — advising the target | $52.4B — computed | $110M | — | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/712515/000114036125042872/ny20056157x2_defm14a.htm) |
| Evoke Pharma Inc | Stifel — advising the target_board | $18.9M — computed | $2M | $650K | [SC 14D9 Nov 2025](https://www.sec.gov/Archives/edgar/data/1403708/000119312525283901/d886981dsc14d9.htm) |
| Alphatime Acquisition Corp | NNewbridge — advising the target_board | $75M — stated | $150K | $50K | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1889106/000149315225023842/formdefm14a.htm) |
| Merus N.V. — acquired by Genmab | Jefferies — advising the target | $6.14B — computed | $90M | $2M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1651311/000119312525276008/d54485ddefm14a.htm) |
| Vital Energy, Inc. — acquired by Crescent | IIntrepid — advising the special_committee | — | — | $1M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1528129/000162828025051261/vtle-defm14a.htm) |
| Vital Energy, Inc. — acquired by Crescent | Houlihan Lokey — advising the target | — | $15M | $3M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1528129/000162828025051261/vtle-defm14a.htm) |
| Paramount Group, Inc. | BofA Securities — advising the target | $1.44B — computed | $34.8M | $3M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1605607/000119312525274231/d57242ddefm14a.htm) |
| Akero Therapeutics, Inc. — acquired by Novo | Morgan Stanley — advising the target | $4.45B — computed | $53M | $8M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1744659/000114036125041102/ny20057319x2_defm14a.htm) |
| Akero Therapeutics, Inc. — acquired by Novo | J.P. Morgan — advising the target | $4.45B — computed | $35M | $8M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1744659/000114036125041102/ny20057319x2_defm14a.htm) |
| Steelcase Inc. — acquired by Hni | Goldman Sachs — advising the target | $879M — stated | $33M | — | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1050825/000114036125040436/ny20055640x1_defm14a.htm) |
| Steelcase Inc. — acquired by Hni | J.P. Morgan — advising the acquirer | $879M — stated | $17.3M | $3M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1050825/000114036125040436/ny20055640x1_defm14a.htm) |
| Steelcase Inc. — acquired by Hni | BofA Securities — advising the target | $879M — stated | $10.9M | $1.5M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1050825/000114036125040436/ny20055640x1_defm14a.htm) |
| Berry Corp — acquired by Crc | Guggenheim Securities — advising the target | — | $11M | $2.5M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1705873/000119312525264741/d35946ddefm14a.htm) |
| Heidrick & Struggles International Inc. | BofA Securities — advising the target | $1.35B — stated | $17.6M | $2M | [DEFM14A Nov 2025](https://www.sec.gov/Archives/edgar/data/1066605/000119312525261675/d176641ddefm14a.htm) |
| Tiptree Inc. | Barclays — advising the target | $1.65B — stated | — | $3M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1393726/000114036125039949/ny20056544x2_defm14a.htm) |
| Tiptree Inc. | BofA Securities — advising the target | $1.65B — stated | $9M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1393726/000114036125039949/ny20056544x2_defm14a.htm) |
| WideOpenWest, Inc. — acquired by DigitalBridge and Crestview | CPCenterview Partners — advising the special_committee | $290M — stated | $19.4M | $2.5M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1701051/000110465925102255/tm2523589-7_defm14a.htm) |
| ODP Corp | J.P. Morgan — advising the target | $842M — computed | $23M | $5M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/800240/000114036125039484/ny20056444x2_defm14a.htm) |
| Sonnet BioTherapeutics Holdings, Inc. | Chardan — advising the other | $4.8M — stated | $4M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1106838/000149315225019759/formdefm14a.htm) |
| Sonnet BioTherapeutics Holdings, Inc. | Chardan — advising the other | $4.8M — stated | $9.64M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1106838/000149315225019759/formdefm14a.htm) |
| Pixelworks, Inc. | Morgan Stanley — advising the target | — | $5M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1040161/000119312525251559/d42408ddefm14a.htm) |
| Hanesbrands Inc. — acquired by Gildan | Goldman Sachs — advising the target | — | $47M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1359841/000110465925101676/tm2526306-8_defm14a.htm) |
| Hanesbrands Inc. — acquired by Gildan | Evercore — advising the target | — | $4.5M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1359841/000110465925101676/tm2526306-8_defm14a.htm) |
| Premier, Inc. — acquired by Patient Square Capital Fund | Goldman Sachs — advising the target | $2.32B — computed | $29.6M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1577916/000119312525247042/d76811ddefm14a.htm) |
| Premier, Inc. — acquired by Patient Square Capital Fund | BofA Securities — advising the target | $2.32B — computed | $13.5M | $2M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1577916/000119312525247042/d76811ddefm14a.htm) |
| Merus N.V. — acquired by Genmab | Jefferies — advising the target | $7.34B — computed | $90M | $2M | [SC 14D9 Oct 2025](https://www.sec.gov/Archives/edgar/data/1651311/000119312525244299/d97785dsc14d9.htm) |
| Merus N.V. — acquired by Genmab | CChestnut — advising the target | $7.34B — computed | $4M | — | [SC 14D9 Oct 2025](https://www.sec.gov/Archives/edgar/data/1651311/000119312525244299/d97785dsc14d9.htm) |
| CureVac N.V. | Goldman Sachs — advising the target | — | $19.7M | $1M | [SC 14D9 Oct 2025](https://www.sec.gov/Archives/edgar/data/1809122/000110465925101286/tm2526158-1_sc14d9.htm) |
| Verint Systems Inc. | Jefferies — advising the target | $1.24B — computed | $31.8M | $2.5M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1166388/000119312525243585/d55067ddefm14a.htm) |
| Verint Systems Inc. | Evercore — advising the target | $1.24B — computed | $3M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1166388/000119312525243585/d55067ddefm14a.htm) |
| Metsera, Inc. — acquired by Pfizer | Goldman Sachs — advising the target | $5.25B — computed | $30M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/2040807/000119312525242494/d53787ddefm14a.htm) |
| Metsera, Inc. — acquired by Pfizer | BofA Securities — advising the target | $5.25B — computed | $10M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/2040807/000119312525242494/d53787ddefm14a.htm) |
| Metsera, Inc. — acquired by Pfizer | Guggenheim Securities — advising the target | $5.25B — computed | $30M | — | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/2040807/000119312525242494/d53787ddefm14a.htm) |
| Emeren Group Ltd | Kroll — advising the special_committee | — | $320K | $160K | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/1417892/000110465925099055/tm2524948d9_defm14a.htm) |
| Norfolk Southern Corporation — acquired by Union Pacific | Morgan Stanley — advising the acquirer | $20B — computed | $52.5M | $4M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/702165/000119312525226601/d64358ddefm14a.htm) |
| Norfolk Southern Corporation — acquired by Union Pacific | Wells Fargo Securities — advising the acquirer | $20B — computed | $52.5M | $4M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/702165/000119312525226601/d64358ddefm14a.htm) |
| Norfolk Southern Corporation — acquired by Union Pacific | BofA Securities — advising the target | $20B — computed | $130M | $7.5M | [DEFM14A Oct 2025](https://www.sec.gov/Archives/edgar/data/702165/000119312525226601/d64358ddefm14a.htm) |
| 89bio, Inc. | CPCenterview Partners — advising the target_board | $890M — computed | $33M | $1.5M | [SC 14D9 Oct 2025](https://www.sec.gov/Archives/edgar/data/1785173/000119312525226874/d947997dsc14d9.htm) |
| Pinnacle Financial Partners, Inc. | CPCenterview Partners — advising the target_board | — | $47.5M | $5M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1115055/000114036125036805/ny20052516x7_defm14a.htm) |
| Pinnacle Financial Partners, Inc. | Morgan Stanley — advising the other | — | $47.5M | $5M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1115055/000114036125036805/ny20052516x7_defm14a.htm) |
| Synovus Financial Corp. | Morgan Stanley — advising the target | — | $47.5M | $5M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/18349/000114036125036807/ny20055808x1_defm14a.htm) |
| Synovus Financial Corp. | CPCenterview Partners — advising the other | — | $47.5M | $5M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/18349/000114036125036807/ny20055808x1_defm14a.htm) |
| scPharmaceuticals Inc. | LPLeerink Partners — advising the target | $285M — computed | $8.8M | $750K | [SC 14D9 Sep 2025](https://www.sec.gov/Archives/edgar/data/1604950/000119312525225023/d846289dsc14d9a.htm) |
| Tourmaline Bio, Inc. — acquired by Novartis | LPLeerink Partners — advising the target | $1.23B — computed | $30.8M | $2M | [SC 14D9 Sep 2025](https://www.sec.gov/Archives/edgar/data/1827506/000110465925094103/tm2527010-7_sc14d9.htm) |
| Core Scientific, Inc. — acquired by CoreWeave | Moelis & Company — advising the target | — | — | $2M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1839341/000114036125036346/ny20053622x1_defm14a.htm) |
| Core Scientific, Inc. — acquired by CoreWeave | PJT Partners — advising the target | — | $10M | $3M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1839341/000114036125036346/ny20053622x1_defm14a.htm) |
| American Woodmark Corporation — acquired by MasterBrand | Rothschild — advising the acquirer | — | $15M | $3M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/794619/000119312525217480/d77274ddefm14a.htm) |
| American Woodmark Corporation — acquired by MasterBrand | Jefferies — advising the target | — | $13M | — | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/794619/000119312525217480/d77274ddefm14a.htm) |
| Elme Communities — acquired by Cortland | Goldman Sachs — advising the special_committee | — | $20.8M | $2M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/104894/000110465925092947/tm2524468-2_defm14a.htm) |
| Potbelly Corporation — acquired by RaceTrac | Piper Sandler — advising the target | $409M — computed | $6.9M | $1M | [SC 14D9 Sep 2025](https://www.sec.gov/Archives/edgar/data/1195734/000119312525213634/d936677dsc14d9.htm) |
| MeridianLink, Inc. — acquired by Centerbridge | J.P. Morgan — advising the other | $2.39B — stated | $5M | — | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1834494/000114036125035721/ny20054829x2_defm14a.htm) |
| MeridianLink, Inc. — acquired by Centerbridge | CPCenterview Partners — advising the target_board | $2.39B — stated | $29.4M | $3M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1834494/000114036125035721/ny20054829x2_defm14a.htm) |
| Augusta Gold Corp. | NNbf — advising the target | — | $1.75M | $750K | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1448597/000121390025089045/ea0257128-defm14a_augusta.htm) |
| STAAR Surgical Company — acquired by Alcon | Citi — advising the target_board | $1.39B — computed | $30.6M | $4M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/718937/000119312525204396/d72691ddefm14a.htm) |
| GSR III Acquisition Corp. — acquired by Terra Innovatum Global | EERShares — advising the target_board | $475M — stated | $75K | $60K | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/2029023/000121390025087991/ea0257523-01.htm) |
| Aris Water Solutions, Inc. — acquired by Wes | Citi — advising the target | — | $20M | — | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1865187/000119312525202246/d920591ddefm14a.htm) |
| Performant Healthcare, Inc. — acquired by Continental | Truist Securities — advising the target | $715M — stated | $23.7M | $1M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1550695/000114036125034582/ny20053735x2_defm14a.htm) |
| scPharmaceuticals Inc. | LPLeerink Partners — advising the target_board | $285M — computed | $8.8M | $750K | [SC 14D9 Sep 2025](https://www.sec.gov/Archives/edgar/data/1604950/000119312525198383/d152074dsc14d9.htm) |
| Chart Industries, Inc. — acquired by Baker Hughes | Wells Fargo Securities — advising the target_board | $10.1B — stated | $55.8M | — | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/892553/000119312525198320/d52397ddefm14a.htm) |
| LAVA Therapeutics NV — acquired by Xoma | LPLeerink Partners — advising the target | — | $3M | $1M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1840748/000110465925087113/tm2523908-2_defm14a.htm) |
| ZimVie Inc. | CPCenterview Partners — advising the target_board | $522M — computed | $20M | $7.5M | [DEFM14A Sep 2025](https://www.sec.gov/Archives/edgar/data/1876588/000119312525194129/d910209ddefm14a.htm) |
| Goldman Sachs Middle Market Lending Corp. II | Truist Securities — advising the special_committee | — | $2.5M | $750K | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1865174/000119312525191024/d23953ddefm14a.htm) |
| Verona Pharma plc — acquired by Merck | CPCenterview Partners — advising the target_board | $9.11B — computed | $113M | $2M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1657312/000110465925079472/tm2522174-2_defm14a.htm) |
| Y-mAbs Therapeutics, Inc. — acquired by Serb | CPCenterview Partners — advising the target_board | $354M — computed | $9.1M | $1.5M | [SC 14D9 Aug 2025](https://www.sec.gov/Archives/edgar/data/1722964/000110465925079582/tm2523645-2_sc14d9.htm) |
| HilleVax, Inc. | LPLeerink Partners — advising the target | $97.8M — computed | $3M | $1M | [SC 14D9 Aug 2025](https://www.sec.gov/Archives/edgar/data/1888012/000119312525182307/d82697dsc14d9.htm) |
| DallasNews Corp | J.P. Morgan — advising the target | $150M — computed | $5M | $2.5M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1413898/000119312525181885/d24897ddefm14a.htm) |
| LAVA Therapeutics NV — acquired by Xoma | LPLeerink Partners — advising the target | — | $3M | $1M | [SC 14D9 Aug 2025](https://www.sec.gov/Archives/edgar/data/1840748/000110465925079243/tm2522230d5_sc14d9.htm) |
| AvidXchange Holdings, Inc. — acquired by TPG and Corpay | Barclays — advising the target | $2.34B — computed | $23M | $4M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1858257/000114036125031402/ny20049415x8_defm14a.htm) |
| AvidXchange Holdings, Inc. — acquired by TPG and Corpay | FFt — advising the target | $2.34B — computed | $39M | — | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1858257/000114036125031402/ny20049415x8_defm14a.htm) |
| Durect Corp | LWLocust Walk — advising the target | $54.3M — computed | — | $850K | [SC 14D9 Aug 2025](https://www.sec.gov/Archives/edgar/data/1082038/000119312525178502/d37019dsc14d9.htm) |
| ESSA Pharma Inc. — acquired by Xrc | LPLeerink Partners — advising the target | — | $2.5M | $1M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1633932/000110465925075843/tm2520986-5_defm14a.htm) |
| Couchbase, Inc. — acquired by Haveli | Morgan Stanley — advising the target | $1.35B — computed | $30M | $3.5M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1845022/000114036125029312/ny20051540x3_defm14a.htm) |
| fuboTV Inc. /FL — acquired by Disney | Wells Fargo Securities — advising the target | — | $40M | — | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1484769/000114036125029625/ny20044463x2_defm14a.htm) |
| Mrc Global Inc. — acquired by Dnow | Goldman Sachs — advising the acquirer | — | $19M | — | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1439095/000119312525173648/d97562ddefm14a.htm) |
| Mrc Global Inc. — acquired by Dnow | J.P. Morgan — advising the target | — | $23M | $3M | [DEFM14A Aug 2025](https://www.sec.gov/Archives/edgar/data/1439095/000119312525173648/d97562ddefm14a.htm) |
| iTeos Therapeutics, Inc. | TD Cowen — advising the target | $385M — computed | $9.5M | — | [SC 14D9 Aug 2025](https://www.sec.gov/Archives/edgar/data/1808865/000119312525170952/d854787dsc14d9.htm) |
| Mr. Cooper Group Inc. — acquired by Rocket | Citi — advising the target | $128M — computed | $73M | $2M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/933136/000110465925072383/tm2513302-10_defm14a.htm) |
| SpartanNash Co — acquired by C&s | BofA Securities — advising the target | $911M — computed | $23M | $2.5M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/877422/000110465925072474/tm2518553-8_defm14a.htm) |
| Bgsf, Inc. — acquired by A&M Capital Advisors | Houlihan Lokey — advising the target | — | $2.2M | $500K | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1474903/000199937125009881/bgsf-defm14a_090425.htm) |
| Cantaloupe, Inc. — acquired by 365 | J.P. Morgan — advising the target | $821M — computed | $15M | $2M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/896429/000114036125027048/ny20051022x2_defm14a.htm) |
| CARGO Therapeutics, Inc. | TD Cowen — advising the target | $202M — computed | $4.3M | — | [SC 14D9 Jul 2025](https://www.sec.gov/Archives/edgar/data/1966494/000119312525163464/d78481dsc14d9.htm) |
| Star Equity Holdings, Inc. — acquired by Hudson | OOberon — advising the special_committee | — | $425K | $150K | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/707388/000119312525162759/d71154ddefm14a.htm) |
| Enzo Biochem Inc. | BBroadOak — advising the special_committee | $36.7M — computed | $1.75M | — | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/316253/000121390025066233/ea0248117-02.htm) |
| Txnm Energy Inc. — acquired by Blackstone Infrastructure | Wells Fargo Securities — advising the target | $6.45B — computed | $42.5M | — | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1108426/000114036125026615/ny20050483x2_defm14a.htm) |
| Sigmatron International Inc. — acquired by Transom | SSilvermark — advising the target | — | $37K | — | [SC 14D9 Jul 2025](https://www.sec.gov/Archives/edgar/data/915358/000114036125025786/ny20051943x1_sc14d9a.htm) |
| GMS Inc. — acquired by The Home Depot | Jefferies — advising the target | $4.19B — computed | $47M | — | [SC 14D9 Jul 2025](https://www.sec.gov/Archives/edgar/data/1600438/000110465925067594/tm2520752-1_sc14d9.htm) |
| Heliogen, Inc. — acquired by Zeo Energy | PPep — advising the target | — | $650K | $150K | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1840292/000121390025063331/ea0248654-01.htm) |
| Turnstone Biologics Corp. | LPLeerink Partners — advising the target | $7.87M — computed | $2M | $1M | [SC 14D9 Jul 2025](https://www.sec.gov/Archives/edgar/data/1764974/000119312525157832/d58418dsc14d9.htm) |
| Foot Locker, Inc. — acquired by DICK'S Sporting Goods | Evercore — advising the target | $2.29B — computed | $40M | $1M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/850209/000114036125025531/ny20050977x1_defm14a.htm) |
| Streamline Health Solutions Inc. | CBCain Brothers — advising the target_board | $23.3M — computed | $1.75M | $750K | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1008586/000143774925022490/strm20250707_defm14a.htm) |
| NV5 Global, Inc. — acquired by Acuren Corporation | RWRobert W. Baird — advising the target | — | — | $1.5M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1532961/000162828025033825/nv5andacurenjointproxy-def.htm) |
| Charter Communications, Inc. /MO/ — acquired by Cox Communications (Cox Enterprises) | Citi — advising the target | — | $52.5M | $8M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1091667/000114036125024665/ny20049200x2_defm14a.htm) |
| Charter Communications, Inc. /MO/ — acquired by Cox Communications (Cox Enterprises) | LLionTree — advising the target | — | $45M | $8M | [DEFM14A Jul 2025](https://www.sec.gov/Archives/edgar/data/1091667/000114036125024665/ny20049200x2_defm14a.htm) |
| Sage Therapeutics, Inc. — acquired by Supernus Pharmaceuticals | Goldman Sachs — advising the target_board | $452M — computed | $14.7M | — | [SC 14D9 Jul 2025](https://www.sec.gov/Archives/edgar/data/1597553/000119312525155020/d63256dsc14d9.htm) |
| Vigil Neuroscience, Inc. — acquired by Sanofi | CPCenterview Partners — advising the target | $93.3M — computed | $14.3M | $1M | [DEFM14A Jun 2025](https://www.sec.gov/Archives/edgar/data/1827087/000119312525151902/d928340ddefm14a.htm) |
| Verve Therapeutics, Inc. — acquired by Eli Lilly and Company | CPCenterview Partners — advising the target_board | $267M — computed | $22.5M | $2M | [SC 14D9 Jun 2025](https://www.sec.gov/Archives/edgar/data/1840574/000119312525146127/d917975dsc14d9.htm) |
| Verve Therapeutics, Inc. — acquired by Eli Lilly and Company | Guggenheim Securities — advising the target | $267M — computed | $11.2M | — | [SC 14D9 Jun 2025](https://www.sec.gov/Archives/edgar/data/1840574/000119312525146127/d917975dsc14d9.htm) |
| Piedmont Lithium Inc. — acquired by Sayona Mining Limited | J.P. Morgan — advising the target | — | $8M | $3M | [DEFM14A Jun 2025](https://www.sec.gov/Archives/edgar/data/1728205/000114036125023211/ny20038857x7_defm14a.htm) |
| Colombier Acquisition Corp. II — acquired by GrabAGun | Roth Capital Partners — advising the target | — | $1M | — | [DEFM14A Jun 2025](https://www.sec.gov/Archives/edgar/data/1995413/000121390025056297/ea0233554-09.htm) |
| Colombier Acquisition Corp. II — acquired by GrabAGun | BBtig — advising the target | — | $1.5M | — | [DEFM14A Jun 2025](https://www.sec.gov/Archives/edgar/data/1995413/000121390025056297/ea0233554-09.htm) |

Showing the first 300 rows. Use the search box to narrow the list.

Coverage: public-company targets only, because private deals do not file fee disclosures. For private sales under $150M, the calculator uses [advisor survey data](https://dealcostindex.com/diligence-insurance.html#sell_side_fee) instead. 57 extracted fee statements failed automated quote verification and are excluded.

Deal Cost Index. Data: CC BY 4.0.