Andersons to acquire Harvestone Low Carbon Partners
$915M
Who bought whom, at what price, on whose advice.
U.S. M&A, IPOs and the banks behind them, read from SEC filings. A free terminal for deal flow, precedent comps, league tables and the IPO pipeline, updated several times a day, with each deal linked to its source filing. No account needed.
Data as of Nov 7, 2026 · 17:01 ET
Highlights
$954.80B
Announced M&A value
Jan 1 – Nov 7, 2026 · YoY +56.8%
What Castle has read in SEC filings, not a market total: announced deals involving U.S.-listed companies, where a filing states the value or the price and shares to calculate it.
Deals tracked
2,610
Public and private targets · coverage from Dec 2020
Top advisor · 2026 YTD
Goldman Sachs
53 deals credited in filings Castle has read · $471.0B
IPOs filed
79
Companies in registration, not yet priced
The plate
72 months of announced M&A
One turn runs clockwise from December 2020 at the top to November 2026. Each spoke is a month: its length is the value announced, on a root scale, and its bands are the sectors, from Tech at the core to Industrials at the tip.
The largest month: Feb 2026 · $195B. The outer ring is the 2026 YTD league table, by value. Move across the plate to read a month.Tap the plate to read a month.
VolumeIn the terminal
| Date | Acquirer | Target | Deal value | Premium |
|---|---|---|---|---|
| Nov 5 | Willdan Group | Mantis Innovation | $285M | — |
| Nov 4 | Andersons | Harvestone Low Carbon Partners | $915M | — |
| Nov 2 | Marvell Technology | Lumentum Holdings | $115.00B | 23.9% |
| Nov 2 | Kewaunee Scientific | Nycom | $55M | — |
| Oct 29 | DoorDash | Instacart | $17.00B | 26.0% |
| Oct 29 | Thrive Holdings | ADT | $15.30B | 45.6% |
| Target | Deal value | EV / Adj. EBITDA | EV / Revenue | Premium |
|---|---|---|---|---|
| CCC Intelligent Solutions Holdings | $6.10B | 16.0x | 5.5x | 44.0% |
| PTC | $23.70B | 15.6x | 8.0x | 42.3% |
| Electronic Arts | $55.00B | 22.1x | 7.4x | 25.0% |
| Dayforce | $12.30B | 24.1x | 6.6x | 32.0% |
| Sapiens International | $2.29B | 18.5x | 4.2x | 64.0% |
| 75th percentile | $8.62B | 21.7x | 7.8x | 48.3% |
| Median | $5.66B | 17.6x | 6.1x | 33.0% |
| 25th percentile | $1.91B | 15.7x | 5.4x | 24.3% |
As on Precedents: deal value is the enterprise value where it's known, else the headline value, and each statistic counts the deals that state it. Adj. EBITDA is operating income + D&A + impairment, restructuring, deal costs and stock compensation, less any large gain on a sale, last twelve months, from the target's filings. Calculated by Castle, so it can differ from a bank's adjusted figure.
| Rank | Advisor | Deals advised | Deal value |
|---|---|---|---|
| 1 | Goldman Sachs | 53 | $471.0B |
| 2 | JPMorgan | 49 | $469.4B |
| 3 | Evercore | 26 | $321.8B |
| 4 | Citigroup | 22 | $312.7B |
| 5 | BofA Securities | 28 | $262.1B |
| 6 | Morgan Stanley | 45 | $255.2B |
| Company | Stage | Date | Expected raise | Lead bookrunner |
|---|---|---|---|---|
| Guitar Group | Filed | Nov 5 | — | Univest Securities |
| Bambusa Therapeutics | Trading | Oct 29 | $169M | BofA Securities |
| Aspen Neuroscience | Trading | Oct 29 | $141M | Leerink Partners |
| KAT Construction Services | Filed | Oct 29 | $20M | — |
| LIS Technologies | Filed | Oct 26 | $19M | Northland Capital Markets |
- Median break fee
- 3.1%
- Median reverse fee
- 4.8%
- With a go-shop
- 10%
- No financing condition
- 99%
| Deal value | Deals | Break fee | Reverse fee |
|---|---|---|---|
| Under $500M | 310 | 3.6% | 4.3% |
| $500M – $2B | 244 | 3.0% | 5.0% |
| $2B – $10B | 326 | 2.9% | 4.8% |
| $10B+ | 101 | 2.9% | 4.8% |
Each figure counts the deals where it's stated.
Also in the terminal: Volume Timelines Activism Multiples Deal Books World Economies What-if Data Coverage
Notes on the data
Blank is better than wrong.
- Read. Several times a day, Castle searches SEC EDGAR for new deal press releases, merger 8-Ks, merger proxies, tender offers and IPO prospectuses.
- Extract. Rule-based parsers read the parties, price, premium, value, advisors and deal terms. No AI model writes the numbers: a term that isn't clearly stated is left blank, and values and multiples are calculated only from stated figures (offer price × shares, reported financials).
- Check. Every update ends with a data-quality audit, and each deal links to its source filing. Data Coverage shows how complete each field is.
Coverage is partial: Castle tracks announced deals involving U.S.-listed companies, and SPACs, OTC shells and resales are out of scope. Sources: SEC EDGAR, plus IMF, BIS, FRED and BEA for macro data, and historical share prices from Yahoo Finance. About the data
Marvell Technology to acquire Lumentum HoldingsAnnounced November 2, 2026
- Deal value
- $115.00B
- Offer price
- $1,132.00
- Premium
- 23.9%
- Payment
- All stock
- EV / Adj. EBITDA
- —
- EV / Revenue
- 38.2x
- Target's advisors
- Citigroup, Evercore
- Acquirer's advisors
- Qatalyst, JPMorgan, Goldman Sachs
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