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H/Advisors Abernathy handles TPG as the alternative asset management firm acquires AT&T’s 70 percent stake in DIRECTV for $7.6B.
TPG, which already owns a 30 percent stake in DIRECTV, also is the parent company of Dish TV and Sling.
Acquiring the remaining stake of DIRECTV, positions TPG as the dominate player in providing non-cable and broadband services to consumers.
“DIRECTV has a 30-year legacy of innovating for consumers while providing greater value and better service than incumbent providers, and we are thrilled to extend our highly successful partnership together,” said Joe Flynn, partner at TPG.
TPG expects the deal to close by the second half of next year.
H/Advisors Abernathy CEO Tom Johnson and managing director for M&As/activism Dan Scorpio represent TPG, which has $229B in assets under management.
Havas owns H/Advisors Abernathy.
Throughline Global Advisors represents Principal Mineral as it acquires Conductive Group, manufacturer of advanced materials for the aerospace, telecommunications and electronics sectors.
Trump Media & Technology Group posted a $238M Q2 loss on $1.7M in revenues. That performance compares to a $20M loss and $883K revenues in the 2025 comparable quarter.
The Brand Amp represents Archer Aviation as it acquires Boeing’s $200M flying-taxi operation in return for a 20 percent stake in the Silicon Valley startup.
Amsterdam’s CFF Communications handles Accell Group as Europe’s No 1 e-bike and No. 2 bicycle maker declares insolvency after failing to find a buyer.
Randy Sinclair, who rose to lead investor relations at Chevron during an 11-year run, will move to Northrop Grumman on Aug. 10 as VP-IR.
