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

Houlihan Lokey Inc, Rothschild & Co SCA, The Goldman Sachs Group Inc, Morgan Stanley, and PricewaterhouseCoopers International Ltd are among the top 5 financial advisors in the world in 2021 by deal volume. In terms of the geographic split, 6 out of 10 of the world’s top 10 financial advisors in the world are headquartered in North America, whereas the remaining 4 are based in Europe. They employed a total of 1,318,795 people in 2021. The Houlihan Lokey-GCA deal was one of the major deals in the world in 2021. Daiwa Securities Co., Ltd served as financial advisor to Houlihan Lokey, while Mitsubishi UFJ Morgan Stanley Securities and Plutus Consulting served as the exclusive financial advisor to GCA Corporation in the Houlihan Lokey-GCA deal. Houlihan Lokey Inc, a US-based investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services, has acquired GCA Corporation, a Japanese company that provides investment banking services, for consideration of approximately JPY65 billion in cash. The deal was completed in Q4 2021. The Biscuit International-Continental Bakeries deal was another major deal in the world in 2021. Houlihan Lokey served as financial advisor to Biscuit International, while Rothschild & Co served as financial advisor to Continental Bakeries in the Biscuit International-Continental Bakeries deal. Biscuit International SAS, a France-based biscuit manufacturer, has acquired Continental Bakeries BV, a Netherlands-based manufacturer and supplier of bakery products, from its majority shareholders Goldman Sachs Asset Management. The deal was completed in Q1 2021.  The Titan Trust Bank-Union Bank of Nigeria deal was another major deal in the world in 2021. Rothschild & Cie served as financial advisor to Union Bank of Nigeria Plc, while Citigroup Global Markets Limited served as the exclusive financial advisor to Titan Trust Bank Limited in the Titan Trust Bank Limited-Union Bank of Nigeria Plc deal. Titan Trust Bank Limited, a national commercial bank, has acquired an 89.39% stake in Union Bank of Nigeria, PLC, a provider of commercial banking services, from Union Global Partners Limited, Atlas Mara Limited, and other shareholders. The deal was completed in Q2 2021.