27 Oct 2021
Posted in Retail
Jefferies and Rothschild & Co were top M&A financial advisers by value and volume in retail sector for Q1-Q3 2021
Jefferies and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector for Q1-Q3 2021 by value and volume, respectively. Jefferies advised on 14 deals worth $31.1bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on 18 deals worth $27.9bn. A total of 1,433 M&A deals were announced in the sector during Q1-Q3 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and Retail M&A Report Financial Adviser League Tables Q1-Q3 2021’, deal value for the sector increased by 80% from $95bn during Q1-Q3 2020 to $171bn during Q1-Q3 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Both Jefferies and Rothschild & Co managed to advise on a number of billion-dollar deals, while also showcasing double-digit deal volume during Q1-Q3 2021. Jefferies advised on four billion-dollar deals (valued more than or equal to $1bn), while Rothschild & Co advised on two such deals.
“Apart from leading by value, Jefferies also managed to occupy the fifth position by volume. Similarly, Rothschild & Co also managed to occupy the third position by value, while leading by volume.”
Goldman Sachs occupied the second position in terms of value with 15 deals worth $29.3bn, followed by Rothschild & Co. Shore Capital Group and Huntsworth jointly occupied the fourth position by value with two deals each worth US$26.4bn.
PwC occupied the second position in terms of volume with 18 deals worth US$3.4bn, followed by JP Morgan with 16 deals worth US$24.8bn. Goldman Sachs occupied the fourth position by volume, followed by Jefferies.