Despite seeing a rising star leave and a former top rainmaker opt to join a rival Am Law 100 firm, Cravath, Swaine & Moore’s storied M&A practice is on a hot streak of late with a series of key transactional roles, including one this week for longtime private equity client Lindsay Goldberg.
Cravath corporate partners Richard Hall—who earlier this year became the head of the firm’s European M&A group—and Andrew Thompson have taken the lead advising New York–based Lindsay Goldberg and portfolio company Continental Energy Systems on its $950 million sale of the New Mexico Gas Company to Tampa-based TECO Energy, advised by a team of lawyers from Skadden, Arps, Slate, Meagher & Flom and New Mexico’s Cuddy & McCarthy. Thompson also led a Cravath team representing Lindsay Goldberg portfolio company PAE on its $175 million acquisition of an applied technology division owned by Computer Sciences Corp.
