GlobalData has released latest Legal and Financial Adviser League Tables, in terms of total value and volume of merger and acquisition (M&A) deals they advised on in Europe during Q1-Q3 2023.
Financial Advisers
Rothschild & Co top M&A financial adviser in Europe during Q1-Q3 2023
Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in European region during the first three quarters (Q1-Q3) of 2023 by value as well as volume, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Financial Deals Database reveals that Rothschild & Co achieved this leading position by advising on 155 deals worth $49.1 billion during Q1-Q3 2023.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was among the only two firms that managed to advise on more than 100 deals during Q1-Q3 2023. However, the firm occupying the second position by volume was far behind Rothschild & Co.
“Apart from leading the table in terms of volume, Rothschild & Co. also managed to advise on some of the big-ticket deals, which helped it occupy the top position by value as well. Rothschild & Co. advised on 17 billion-dollar deals* during Q1-Q3 2023.”
Barclays occupied the second position in terms of value, by advising on $35 billion worth of deals, followed by Goldman Sachs with $34 billion, Morgan Stanley with $32.5 billion and HSBC with $26.3 billion.
Meanwhile, KPMG occupied the second position in terms of volume with 103 deals, followed by PwC with 93 deals, Ernst & Young with 82 deals and Clearwater International with 64 deals.
*Deals valued more than or equal to $1 billion.
Legal Advisers
Allen & Overy top M&A legal adviser in Europe during Q1-Q3 2023
Allen & Overy was the top mergers and acquisitions (M&A) legal adviser in European region during the first three quarters (Q1-Q3) of 2023 by value as well as volume, according to the latest Legal Advisers League Table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Financial Deals Database reveals that Allen & Overy achieved this leading position by advising on 87 deals worth $37.6 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “All the top 10 advisers by volume registered decline in the total number of deals advised during Q1-Q3 2023 compared to Q1-Q3 2022. However, despite experiencing decline, Allen & Overy saw its ranking by volume jump from third position during Q1-Q3 2022 to the top position in Q1-Q3 2023.
“Similarly, Allen & Overy also witnessed declined in total deal value but saw its ranking by value improving from fourth position in Q1-Q3 2022 to the top position in Q1-Q3 2023.”
Wachtell, Lipton, Rosen & Katz occupied the second position in terms of value, by advising on $18.4 billion worth of deals, followed by Hengeler Mueller with $17.5 billion, Matheson with $10.4 billion, and Gide Loyrette Nouel with $9.7 billion.
Meanwhile, Cuatrecasas occupied the second position in terms of volume with 56 deals, followed by Hogan Lovells with 30 deals, Osborne Clarke with 28 deals, and Jones Day with 26 deals.