Source: GlobalData
JP Morgan and Rothschild & Co top M&A financial advisers in retail sector during Q1-Q3 2024, reveals GlobalData
Posted in Business Fundamentals
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail 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 leading position in terms of value by advising on $4.7 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 10 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the top adviser by volume during Q1-Q3 2023 and despite witnessing a YoY decline in number of deals advised, it managed to retain the leadership position by this metric during Q1-Q3 2024. Apart from leading by volume, Rothschild & Co was also featured at fifth position in terms of value.
“Meanwhile, JP Morgan witnessed YoY improvement in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023. Resultantly, its ranking by value improved from sixth position during Q1-Q3 2023 to the top position during Q1-Q3 2024. Apart from leading by value, JP Morgan also occupied the sixth position by volume during the review period.”
Solomon Partners occupied the second position in terms of value, by advising on $3.8 billion worth of deals, followed by Bank of America with $3.3 billion, Lazard with $3.2 billion and Rothschild & Co with $2.8 billion.
Meanwhile, Performance Brokerage Services occupied the second position in terms of volume with 10 deals, followed by PwC with nine deals, Houlihan Lokey with eight deals and KPMG with seven deals.