Deal type · November 2026
Leveraged & acquisition finance: deal monitor
Dated leveraged & acquisition finance deals over the last 12 months: how many, which practices staffed them, which industries they served and which firms advised.
The last 12 months: November 2025 to October 2026
- 776
- Dated deals, 12 monthsNovember 2025 to October 2026
- +18.8%
- Year on yearSettled 12-month windows
- $1,400m
- Median disclosed value
- 327
- Distinct clients
What the data show
Sartori & Partners data count 776 dated deals of this type from November 2025 to October 2026. On settled windows the deal count went from 653 to 776, up 18.8% year on year. The deal market as a whole moved +10.6% over the same windows.
By practice, Banking & Finance is involved in 91.9% of these deals and Corporate & M&A in 4.6%. By client industry, Financial Sponsors is involved in 23.8% of these deals and Banks & Financial Institutions in 11.3%.
Deal value was disclosed on 30.5% of them; where disclosed, the median was $1,400 million. 327 distinct clients appear across the window.
First among advising firms is Latham & Watkins, with deals in the 101-150 band.
For a firm building in leveraged & acquisition finance, deal flow is the demand signal: a practice that wins this work needs the partners to staff it.
Firms by rank and band
Each firm appears as a rank and a band, never an exact count, and only with at least 10 moves in the window.
| Rank | Firm | Deals (band) |
|---|---|---|
| 1 | Latham & Watkins | 101-150 |
| 2 | Cahill Gordon & Reindel | 61-100 |
| 3 | Milbank | 41-60 |
| 4 | White & Case | 21-40 |
| 5 | Kirkland & Ellis | 21-40 |
| 6 | Goodwin Procter | 21-40 |
| 7 | Hogan Lovells Cadwalader | 21-40 |
| 8 | Davis Polk & Wardwell | 21-40 |
| 9 | A&O Shearman | 21-40 |
| 10 | Paul Hastings | 21-40 |
Related monitors and reports
Client industries
- Banks & Financial Institutions
- Financial Sponsors
- Technology & Software
- Pharma & Biotech
- Asset Management & Funds
- Real Estate
- Power & Renewables
- Consumer Goods & Retail
- Food, Beverage & Agriculture
- Healthcare Providers & Payors
- Oil & Gas
- Industrial Manufacturing
- Media & Entertainment
- Utilities, Water & Waste
- Government & Public Sector
- Automotive
- Insurance
- Electronics & Semiconductors
- Medical Devices
- Mining & Metals
- Individuals & Consumers
- Hospitality & Leisure
- Aerospace & Defence
- Infrastructure
- Construction & Engineering
- Professional Services
- Fintech & Payments
- Telecommunications
- Transportation & Logistics
- Chemicals
- Sports
- Nonprofits & Charities
- Aviation
- Digital Assets & Crypto
- Education
Other deal types
Up one level
Hiring in this market
Edition November 2026. Window: November 2025 to October 2026. Source: Sartori & Partners, from public law-firm announcements, firm websites and professional profiles, checked monthly. Methodology. Spot an error? [email protected].
For law firm leaders
Planning a partner hire in this market?
We run retained partner searches using the same data behind this page.