GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank the advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the construction sector during Q1-Q3 2024. See the rankings and findings below.
Financial Advisers
Lazard top M&A financial adviser in construction sector during Q1-Q3 2024
Lazard was the top mergers and acquisitions (M&A) financial adviser in the construction sector during Q1-Q3 2024 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Lazard achieved the top position by advising on 14 deals of worth $14.1 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Lazard witnessed a year-on-year (YoY) improvement in both deal volume and value during Q1-Q3 2024, but the growth was more pronounced in terms of value. It registered a more than three-fold jump in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023. Lazard advised on five billion-dollar deals* during Q1-Q3 2024. The involvement in these big-ticket deals helped it register a massive jump in terms of value.”
Morgan Stanley occupied the second position in terms of value, by advising on $13.3 billion worth of deals, followed by Barclays with $11.5 billion, UBS with $11.4 billion and Moelis & Company with $7.6 billion.
Meanwhile, Rothschild & Co occupied the second position in terms of volume with 12 deals, followed by Clearwater International with 12 deals, KPMG with 12 deals and Barclays with 11 deals.
* ≥ $1 billion
Legal Advisers
Allen & Overy and Kirkland & Ellis top M&A legal advisers in construction sector during Q1-Q3 2024
Allen & Overy and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during Q1-Q3 2024 by value and volume, respectively according to the latest legal advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Allen & Overy achieved the top position in terms of value by advising on $10.3 billion worth of deals. Meanwhile, Kirkland & Ellis led in terms of volume by advising on a total of 28 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis was the top adviser by volume during Q1-Q3 2023 and managed to retain its leadership position by this metric during Q1-Q3 2024 as well. Meanwhile, Allen & Overy witnessed its ranking by value improve significantly from the 60th position during Q1-Q3 2023 to the top position during Q1-Q3 2024 as there was a massive year-on-year (YoY) jump in the total value of deals advised by it.
“The involvement in the $8.3 billion for acquisition of 60% Stake in Zhuhai Wanda Commercial Management by a consortium of investors played a pivotal role for Allen & Overy in registering a massive jump in terms of value and in securing the top spot by this metric.”
Paul, Weiss, Rifkind, Wharton & Garrison occupied the second position in terms of value, by advising on $9.8 billion worth of deals, followed by Simpson Thacher & Bartlett with $9.2 billion, Davis Polk & Wardwell with $7.4 billion and Cravath Swaine & Moore with $7.1 billion.
Meanwhile, CMS occupied the second position in terms of volume with 20 deals, followed by White & Case with 12 deals, Allen & Overy with 11 deals and Latham & Watkins with 11 deals.
