November, 2025
As of Q3 2025, the median transaction value in Infrastructure was $60 million. As of Q3 2025, strategic buyers accounted for 82% of transactions.
Select recent notable publicly announced M&A transactions:
– Phillips 66 closed its acquisition of WRB Refining for $1.3 billion in September 2025.
– Black Hills Corporation announced its acquisition of NorthWestern Energy Group for $6.9 billion in August 2025.
– Western Midstream Partners closed its acquisition of Aris Water Solutions for $2.7 billion in August 2025.
– MPLX closed its acquisition of Northwind Midstream Partners for $2.4 billion in July 2025.
– CRH closed its acquisition of Eco Material Technologies for $2.1 billion in July 2025.
Securities offered through Peakstone Securities, LLC member FINRA/SIPC. All investments involve market risks, including the loss of principal. Past performance does not guarantee future results. Information on this website is not intended to be a recommendation or specific investment advice. Securities or companies mentioned are for illustrative purposes only and are not a recommendation to buy or sell. Investment decisions should be made based on an individual’s objectives and risk tolerance. Information on this website is intended for US residents only and does not constitute an offer to buy or sell securities in any jurisdiction to whom it is not lawful to make such an offer. Peakstone Securities, LLC is registered as a broker-dealer in the following states: Click here to see licensed states. The information provided does not constitute an offer to buy or sell in any jurisdiction to whom it is not lawful to make such an offer.
Download Report
