Chairman's Letter

Hello friends,

Business leaders know better than most that markets move in cycles, and that uncertainty rarely arrives from just one direction. Economic pressure, inflation, gas prices and geopolitical instability shape decision making across industries, affecting everything from cost structures and hiring plans to capital strategy, expansion plans, and new projects. While Texas remains one of the most business-friendly environments in the country, companies here are not insulated from broader economic and global forces.

Even so, there are reasons for measured optimism in our home city.

Houston was recently recognized as the top city for manufacturing, generating nearly $127 billion in 2024, a reminder that the region’s economic strength continues to expand well beyond its historic energy roots. This data point is significant because a more diversified business base tends to spur growth, investment, partnerships, and transactions, while also making legal and operational scenarios more complex.

Houston also led Texas in new business formations, another encouraging signal. New business activity often creates downstream demand for the kinds of strategic decisions that shape a company’s future: entity formation, ownership structure, employment matters, regulatory compliance, contracts, real estate, and preparation for growth ventures. For business leaders and general counsel alike, it is a reminder that even in uncertain times, favorable circumstances emerge for companies that are positioned to act thoughtfully.

We are also pleased to share that four BoyarMiller transactions have been named finalists for the ACG Houston Chapter Deal of the Year Awards, a reflection of the strength of our M&A practice and the trust our clients place in us. The finalists include:

Consumer Deal of the Year

• The acquisition of Ludy Home Improvement Group, LLC by Mosaic Service Partners Buyer, LLC, a portfolio company of Alpine Investors
• The acquisition of Optimal Wireless by Sun Com Mobile

Distribution Deal of the Year

• The acquisition of Moffitt Holdings, LLC by Main Street Capital Corporation
• The acquisition of National Sealants & Lubricants, LLC by Bron Tapes

We are also excited to welcome two new attorneys to BoyarMiller. Caleb Wood joins our Real Estate group as an Associate, and Lindsey Yasso joins the Corporate M&A group as Of Counsel. We are glad to have them on board and look forward to the value they will bring to our clients and our firm.

In a market that shifts, our commitment remains constant: to provide collaborative, strategic counsel that helps businesses navigate challenges, manage risk, recognize opportunity, and move forward with confidence. When the time is right to discuss the next chapter of your company’s growth, we welcome the conversation.

Warm regards,