Firm News May 20, 2026
Troutman Pepper Locke Delivers Double-Digit Gains in Q1 2026 US Private Equity and Venture Capital League Tables
NEW YORK – Troutman Pepper Locke achieved double-digit gains across Q1 2026 league table rankings, earning multiple top 15 and 25 positions from PitchBook, LSEG, and The Deal. These results underscore the firm’s strong momentum and continued outperformance in the private equity and venture capital markets after completing its first year as a combined firm.
PitchBook’s first quarter Global League Tables again ranked the firm among the most active U.S. private equity and venture capital counsel, highlighted by significant climbs in health care private equity, where the firm rose to No. 8 from No. 19, and in health care devices and supplies venture capital, where it rose to No. 6 from No. 16. The firm also secured new top 25 rankings in B2B, consumer, and other high-growth sectors.
“Our first quarter results show how quickly our combined platform has gained traction,” said Paul Mahoney, leader of Troutman Pepper Locke’s Private Equity and Investment Funds Practice. “Significant jumps in our private equity and venture capital rankings across New England, the West Coast, key health care verticals, and several high-growth sectors, together with multiple new top 25 placements, reflect the confidence that sponsors, portfolio companies, and growth-stage businesses have placed in our team.”
PitchBook | Q1 2026 Global League Tables
Private Equity Deals
Geography
#23 Most Active in U.S.
U.S. Regions
#13 Most Active on West Coast
#25 Most Active in the Southeast
#24 Most Active in the Mid-Atlantic
#7 Most Active in New England
#10 Most Active in Mountain and Midwest
Sector
#21 Most Active in B2B
#8 Most Active in Health Care
Representing
#20 Most Active in U.S. – Companies
#21 Most Active in U.S. – Investors
Venture Capital
Geography
#25 Most Active in U.S.
Regions
#8 Most Active in Great Lakes
#25 Most Active in West Coast
#15 Most Active in New England
Sector
#17 Most Active in Consumer Goods & Services
#24 Most Active in Commercial Products & Services
#16 Most Active in Health Care Devices & Supplies
#21 Most Active in Pharma & Biotech
Representing
#21 Most Active in U.S. – Companies
#25 Most Active in U.S. – Investors
M&A
#23 Most active in U.S. – Investors
The Deal | Q1 2026 Private Equity League Tables
#34 Private Equity Law Firm
LSEG | Q1 Global PE & VC Legal Advisory Review
Advisors to firm: Venture Capital Rounds Based on Number of Rounds
#23 Ranked Firm
Advisors to Company: Venture Capital Rounds Based on Number of Rounds
#15 Ranked Firm
Advisors to Company: LBO & Related Rounds Based on Number of Rounds
#13 Ranked Firm
Advisors to Company: All Private Equity Stages: Based on Number of Rounds
#14 Ranked Firm
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s Private Equity and Investment Funds Group regularly handles middle market transactions for private equity clients alongside strategic deals for Fortune 100 corporations. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling. The firm has a strong focus in the private equity and private fund services space, advising clients on matters including fund formation, growth equity investments, leveraged buyouts, recapitalizations, and exit transactions.
Troutman Pepper Locke
Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.
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