Bank of America and Rothschild & Co were top M&A financial advisers by value and volume in automotive sector for 2021, finds GlobalData

Bank of America and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector for 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database. The leading data and analytics company notes that Bank of America advised on eight deals worth $16.4 billion, which was the highest value among all advisers tracked. Meanwhile, Rothschild & Co led in volume terms, having advised on 11 deals worth $9.6 billion. A total of 915 M&A deals were announced in the sector during 2021.

According to GlobalData’s report, ‘Global and Automotive M&A Report Financial Adviser League Tables 2021’, deal value for the automotive sector increased by 108.1% from $40.5 billion in 2020 to $84.3 billion in 2021.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: Rothschild & Co was the only firm that managed to advise on more than 10 deals during 2021, winning it the top spot by volume. It also occupied fourth position by deal value.

“Similarly, not only was Bank of America the only firm to surpass $15 billion in deal value, it also occupied third position by volume. Interestingly, the top five positions (by both value and volume) saw the same names: Rothschild & Co, JP Morgan, Bank of America, Goldman Sachs and Lazard.”

JP Morgan occupied the second position in terms of value, with 10 deals worth $12.3 billion; followed by Goldman Sachs, with eight deals worth $11.2 billion. Rothschild & Co occupied fourth position by value, with 11 deals worth $9.6 billion; followed by Lazard, with six deals worth $7.7 billion.

JP Morgan occupied the second position in terms of volume, followed by Bank of America, Goldman Sachs and Lazard.

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