Source: GlobalData
Goldman Sachs and Houlihan Lokey top M&A financial advisers by value and volume during Q1-Q3 2024, finds GlobalData
Posted in Business Fundamentals
Goldman Sachs and Houlihan Lokey have emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume globally during Q1-Q3 2024, according to the latest Financial Advisers League Table, which ranks financial advisers by the value and volume of M&A deals on which they advised, by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database has revealed that Goldman Sachs achieved its leading position in the deal value rankings by advising on $308.8 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 198 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs was the top adviser by value during Q1-Q3 2023 and managed to retain its leadership position by this metric during Q1-Q3 2024 as well. It registered 14.2% growth in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023.
“In fact, Goldman Sachs was the only adviser to surpass $300 billion in total deal value during the review period. It is also worth noting that about half of the deals advised by it during Q1-Q3 2024 were billion-dollar deals*. The company advised on 67 billion-dollar deals during Q1-Q3 2024 that also included six mega deals valued more than $10 billion.
“Meanwhile, Houlihan Lokey registered improvement in the total number of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023 and was just shy of hitting the 200 deals volume mark. It went ahead from occupying the second position by volume during Q1-Q3 2023 to top the chart by this metric during Q1-Q3 2024.”
JP Morgan occupied the second position in terms of value by advising on $293.3 billion worth of deals, followed by Morgan Stanley with $243.1 billion, Citi with $191.7 billion, and Evercore with $187.8 billion.
Meanwhile, Rothschild & Co occupied the second position in terms of volume by advising on 163 deals, followed by Goldman Sachs with 139 deals, JP Morgan with 121 deals, and UBS with 119 deals.
*Deals valued more than or equal to $1 billion