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 power sector during Q1-Q3 2024. See the rankings and findings below.
Financial Advisers
JP Morgan and Rothschild & Co top M&A financial advisers in power sector during Q1-Q3 2024
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the power sector during Q1-Q3 2024 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 JP Morgan achieved the top position in terms of value by advising on $13.7 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 19 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Both JP Morgan and Rothschild & Co registered improvement in terms of deal value and volume as well as their rankings by these metrics during Q1-Q3 2024 compared to Q1-Q3 2023. While JP Morgan went ahead from occupying the seventh position by value during Q1-Q3 2023 to top the chart by this metric during Q1-Q3 2024, Rothschild & Co’s ranking by value improved from second to the top position during the same period.
“Apart from leading by volume, Rothschild & Co also occupied the fourth position by value during Q1-Q3 2024. Meanwhile, JP Morgan, apart from leading value, also occupied the 10th position by volume.”
Citi occupied the second position in terms of value, by advising on $11.9 billion worth of deals, followed by Goldman Sachs with $11.7 billion, Rothschild & Co with $11.3 billion and Lazard with $11.3 billion.
Meanwhile, Lazard occupied the second position in terms of volume with 16 deals, followed by PwC with 10 deals, Barclays with nine deals and Deloitte with nine deals.
Legal Advisers
Latham & Watkins top M&A legal adviser in power sector during Q1-Q3 2024
Latham & Watkins was the top mergers and acquisitions (M&A) legal adviser in the power sector during Q1-Q3 2024 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 Latham & Watkins achieved this leading position by advising on 23 deals worth $19.6 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Latham & Watkins was significantly ahead of its peers in terms of value but faced tough competition in terms of deal volume. During Q1-Q3 2024, Latham & Watkins advised on seven billion-dollar deals*. The involvement in these big-ticket deals helped Latham & Watkins register a massive jump in terms of value.”
Skadden, Arps, Slate, Meagher & Flom occupied the second position in terms of value, by advising on $12.2 billion worth of deals, followed by Vinson & Elkins with $12.1 billion, Kirkland & Ellis with $11.1 billion and Clifford Chance with $9.2 billion.
Meanwhile, Kirkland & Ellis occupied the second position in terms of volume with 22 deals, followed by CMS with 21 deals, Vinson & Elkins with 17 deals and White & Case with 17 deals.
* ≥ $1 billion
