Source: GlobalData
Goldman Sachs and Houlihan Lokey top M&A financial advisers in technology, media and telecom sector during Q1-Q3 2024, reveals GlobalData
Posted in Business Fundamentals
Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the technology, media and telecom sector during the first three quarters (Q1-Q3) of 2024 by value and volume, respectively, according to according to the latest Financial Advisers League Table, which ranks legal advisers by the value and volume of mergers and acquisition (M&A) deals on which they advised, by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database reveals that Goldman Sachs achieved the leading position in terms of value by advising on $88 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 59 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs registered an improvement in the total value of deals advised by it and the ranking by value during Q1-Q3 2024 compared to Q1-Q3 2023. During Q1-Q3 2024, Goldman Sachs advised on 23 billion-dollar deals*, that also included two mega deals valued for than $10 billion.
“Involvement in these big-ticket deals helped it register improvement in terms of value as well as its ranking by this metric. Moreover, Goldman Sachs, apart from leading by value, also held the second position by volume during Q1-Q3 2024.
“Meanwhile, Houlihan Lokey was the top adviser by volume during Q1-Q3 2023 and also managed to retain its leadership position by this metric during Q1-Q3 2024 as well.”
Evercore occupied the second position in terms of value by advising on $83.7 billion worth of deals, followed by Qatalyst Partners with $64.8 billion, Morgan Stanley with $63.4 billion, and JP Morgan with $58.6 billion.
Meanwhile, Goldman Sachs occupied the second position in terms of volume with 45 deals, followed by Rothschild & Co with 44 deals, Evercore with 40 deals, and Raymond James Financial with 35 deals.
*Valued more than or equal to $1 billion