Top 10 Financial Advisors in the Business and Consumer Services Industry in the World in 2021 by Deal Value

The Goldman Sachs Group Inc, Morgan Stanley, Citigroup Inc, Bank of America Corp, and Evercore Inc are among the top 5 financial advisors in the business and consumer services industry in 2021 by deal value. In terms of the geographic split, 8 out of 10 of the world’s top 10 financial advisors in the business and consumer services industry are headquartered in North America and whereas the remaining 2 are based in Europe. They employed a total of 936,427 people in 2021. The Mutua Madrilena-El Corte Ingles SA deal was one of the major deals in the business and consumer services sector in 2021. Deloitte LLP served as financial advisor to El Corte Ingles SA, while GarriguesInc served as exclusive legal advisor to Grupo Mutua Madrilena in the Mutua Madrilena-El Corte Ingles SA deal. Mutua Madrilena, an insurance company, has acquired an 8% stake in El Corte Ingles S.A., a department store group, from treasury shares, for EUR555 million ($643.95 million). The deal was completed in Q4 2021. The Edgewell Personal Care Co-Billie deal was another major deal in the business and consumer services sector in 2021. Goldman Sachs & Co. LLC served as financial advisor to Billie Inc, while Wachtell, Lipton, Rosen & Katz served as the exclusive legal advisor to Edgewell Personal Care Co for the Edgewell Personal Care Co-Billie deal. Edgewell Personal Care Company, a consumer products company, has acquired Billie Inc, a female body care company committed to serving women’s beauty and grooming needs, for a consideration of $310 million. The transaction was financed with a combination of cash on hand and revolver capacity. The deal was completed in Q4 2021.