On May 5, 2025, Mergers & Acquisitions named 13 transactions to its 2025 Middle-Market Deals of the Year list. The deals were noted for “their innovation and the obstacles they successfully navigated.” Two deals led by Wilson Sonsini were named among the winners: Recursion Pharmaceuticals' acquisition of Exscientia and Stripe's acquisition of Bridge Network.

Biotech company Recursion's $688 million acquisition of Exscientia was named Middle-Market Deal of the Year in the Biotechnology Sector. Wilson Sonsini represented Recursion in the transaction.

Financial infrastructure platform Stripe's $1.1 billion acquisition of fintech start-up Bridge Network marked a significant entry in the cryptocurrency sector for the payment platform, landing the transaction a spot on the list as Middle-Market Deal of the Year in the Financial Technology Sector. Wilson Sonsini advised Stripe on the transaction.

Additionally, medical device company Silk Road Medical’s $1.26 billion acquisition by Boston Scientific was among the 15 deals that received honorable mention. Wilson Sonsini represented Silk Road Medical in the transaction.

For more information, please see our client highlights on the Recursion, Stripe, and Silk Road Medical transactions.

To view the complete list of 13 winners and 15 honorable mentions, please visit the Mergers & Acquisitions site.