Top 10 Financial Advisors in Technology Industry in the World in 2021 by Deal Value

The Goldman Sachs Group Inc, Morgan Stanley, Bank of America Corp, J.P. Morgan Securities LLC, and Barclays Plc are among the top 5 financial advisors in the technology industry in 2021 by deal value. In terms of the geographic split, 9 out of 10 of the world’s top 10 financial advisors in the technology industry are headquartered in North America, whereas the remaining 1 is based in Europe. They employed a total of 700,960 people in 2021. Fortive-Provation Software was one of the major deals in the technology sector in 2021. Credit Suisse and William Blair served as financial advisors to Provation Software, while Jefferies served as the exclusive financial advisor to Clearlake Capital Group in the Fortive Corp-Provation Software Inc deal. Fortive Corporation, an industrial technology company that designs, develops, manufactures, and markets professional and engineered products, has completed its acquisition of Provation Software Inc, a provider of healthcare software and SaaS solutions for clinical productivity, care coordination, quality reporting, and billing, from Clearlake Capital Group LP, a private equity firm, for consideration of $1.425 billion. The deal was completed in Q4 2021. The Azerion Group-Azerion Holding was another major deal in the technology sector in 2021. ABN AMRO Bank N.V served as financial advisor to EFIC1, while N.M. Rothschild & Sons Limited served as financial advisor to Azerion in the Azerion Group NV-Azerion Holding BV deal. European FinTech IPO Company 1 B.V. (EFIC1), a special purpose acquisition company (SPAC), has acquired 100% of the issued and outstanding share capital of Azerion Holding B.V., a digital entertainment, and media company. The transaction is expected to generate up to EUR405 million in gross total cash proceeds of which only a net EUR20 million is expected to flow to Azerion’s existing shareholders. The deal was completed in Q1 2022.