Source: GlobalData
Rothschild & Co top M&A financial adviser in Middle East & Africa during Q1-Q3 2024, finds GlobalData
Posted in Business Fundamentals
Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in the Middle East & African region during the first three quarters (Q1-Q3) of 2024 by both value and volume, 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 Rothschild & Co achieved this leading position by advising on eight deals worth $4.2 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was also the top adviser by volume during Q1-Q3 2023 and retained its leadership position by this metric during Q1-Q3 2024 as well. Meanwhile, its ranking by value improved significantly, as there was a more than three-fold increase in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023. As a result, Rothschild & Co went ahead from occupying the ninth position by value during Q1-Q3 2023 to top the chart by this metric during Q1-Q3 2024.”
HSBC occupied the second position in terms of value, by advising on $2.3 billion worth of deals, followed by Fort Capital Investment with $1.6 billion at the third position, whereas Citi and KPMG jointly occupied the fourth position, with each of them advising on $1.4 billion worth of deals.
Meanwhile, HSBC occupied the second position in terms of volume with seven deals, followed by Rand Merchant Bank with seven deals, Deloitte with seven deals, and Clairfield International with six deals.