Top 10 Financial Advisors in Automotive Industry in the World in 2021 by Deal Volume

Rothschild & Co SCA, Citigroup Inc, Cowen Inc, Guggenheim Partners LLC, KPMG International Coop are among the top 5 financial advisors in the automotive industry in 2022 by deal volume. The L Catterton Management - Intoxalock deal was one of the major deals in the Automotive sector in 2022. Rothschild & Co acted as a financial advisor to Intoxalock. L Catterton Management Ltd, a financial services company which is engaged in providing investment management, and private equity services for the small and middle market companies, has acquired Consumer Safety Technology, LLC (doing business as Intoxalock), a provider of ignition interlock devices that are installed in vehicles to prevent ignition by intoxicated drivers, for consideration of USD935 million. The deal was completed in Q4 2022. The Nikola- Romeo Power deal was was another major deal in the Automotive sector in 2022. Citigroup Global Markets Holdings Inc (CGMHI), a subsidiary of Citigroup Inc, acted as the sole financial advisor to Nikola, while Morgan Stanley & Co. LLC acted as the only financial advisor to Romeo on the transaction. Nikola, a company engaged in zero-emissions transportation and energy infrastructure solutions, will acquire Romeo, an energy technology leader delivering advanced electrification solutions for complex commercial vehicle applications, for a total purchase price of $144 million.