Goldman Sachs has topped the latest mergers and acquisitions (M&A) league table of the top ten financial advisers in the financial services sector in the first three quarters (Q1-Q3) of 2019, according to GlobalData.
The US-based multinational investment bank secured the top spot with 33 deals worth $178.6bn.
It figured in the first position in the GlobalData’s global league table of top 20 M&A financial advisers for Q1-Q3 2019.
GlobalData has published a top ten league table of financial advisers ranked according to the value of announced M&A deals globally. If value remains the same for multiple advisers, deal volume is given weightage.
Morgan Stanley and RBC Capital Markets came in second and third positions, advising on deals worth a total of $124.4bn and $101.1bn, respectively.
Ravi Tokala, Financial Deals Analyst at GlobalData, says: “Despite recording six megadeals (>$10bn) and 42 big-ticket deals (>$1bn), the financial services sector witnessed a nominal increase of 1% in year-on-year overall deal value in Q1-Q3 2019. However, the top three financial advisers were able to cross the $100bn deal value mark and the top legal adviser Fried, Frank, Harris, Shriver & Jacobson missed it by $6.5bn.”
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe financial services sector saw an increase of 1.01% in deal value from $319.80bn in Q1-Q3 2018 to $323.02bn in Q1-Q3 2019. Deal volume grew by 36.79% from 2,533 to 3,465.
US-based Fried, Frank, Harris, Shriver & Jacobson led the top ten legal advisers table for Q1-Q3 2019 with a value of $93.5bn through 11 deals. Wachtell, Lipton, Rosen & Katz stood at second place with $88.5bn through 16 deals. In the global league table of top 20 M&A legal advisers, Fried, Frank, Harris, Shriver & Jacobson was ranked nine. The global league table was led by Wachtell, Lipton, Rosen & Katz.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website