GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the metals & mining sector during 2023. See the rankings and findings below.
Financial Advisers
BMO Capital Markets and Canaccord Genuity Group top M&A financial advisers in metals & mining sector during 2023
BMO Capital Markets and Canaccord Genuity Group were the top mergers and acquisitions (M&A) financial advisers in the metals & mining sector in 2023 by value and volume, respectively 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 BMO Capital Markets achieved its leading position in terms of value by advising on $27.4 billion worth of deals. Meanwhile, Canaccord Genuity Group led in terms of volume by advising on a total of 15 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Canaccord Genuity Group registered significant growth in the volume of deals advised and ranking by this metric in 2023 compared to the previous year. In fact, it was the only adviser to hit the double-digit deal volume in 2023.
“Meanwhile, BMO Capital Markets was the top adviser by value in 2022 and managed to retain its leadership position in 2023 as well. The total value of deals advised by it jumped by more than double-fold in 2023 compared to 2022. Apart from leading by value, BMO Capital Markets also occupied the second position by volume during the year.”
BMO Capital Markets occupied the second position in terms of volume with nine deals, followed by Allenby Capital with nine deals, Macquarie with seven deals and Rothschild & Co with six deals.
Meanwhile, Goldman Sachs occupied the second position in terms of value, by advising on $25 billion worth of deals, followed by Bank of America with $22.6 billion, Barclays with $21.8 billion and Lazard with $20.3 billion.
Legal Advisers
McCarthy Tetrault top M&A legal adviser in metals & mining sector in 2023
McCarthy Tetrault was the top mergers and acquisitions (M&A) legal adviser in the metals & mining sector in 2023 by both value and volume, 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 McCarthy Tetrault achieved this leading position by advising on 25 deals worth $33.6 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “McCarthy Tetrault registered a significant improvement in terms of deals volume as well as value and resultantly there was a notable improvement in its rankings by these metrics in 2023 compared to 2022. It went ahead from occupying the ninth position by value in 2022 to top the chart in 2023 while its ranking in terms of deals volume jumped from fourth position in 2022 to the top position in 2023.”
Blake Cassels & Graydon occupied the second position in terms of value, by advising on $25.4 billion worth of deals, followed by Paul, Weiss, Rifkind, Wharton & Garrison with $24.6 billion, Stikeman Elliott with $24.2 billion and White & Case with $24.2 billion.
Meanwhile, Cassels Brock & Blackwell occupied the second position in terms of volume with 22 deals, followed by Fasken Martineau DuMoulin with 22 deals, Blake Cassels & Graydon with 13 deals and Allens with eight deals.
