17 Jan 2022
Posted in Business Fundamentals
JP Morgan and Rothschild & Co top M&A financial advisers by value and volume in Middle East & Africa for 2021, finds GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the Middle East & Africa for 2021 by value and volume, respectively. JP Morgan advised on 13 deals worth $49.1 billion, the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms with 24 deals worth $7.1 billion. A total of 1,108 M&A deals were announced in the region during 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and Middle East & Africa M&A Report Financial Adviser League Tables 2021’, deal value for the region increased by 31% from $81.6 billion in 2020 to $106.9 billion in 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “JP Morgan and Rothschild & Co were clear winners as both companies outpaced their peers by a great margin. JP Morgan was the only firm to advise on deals worth just shy of $50 billion while Rothschild & Co was the only firm to advise on more than 20 deals during 2021.
“Interestingly, Rothschild & Co also managed to secure the fifth position by value, while JP Morgan occupied the second position by volume.”
Goldman Sachs occupied the second position in terms of value, with five deals worth $21.4 billion, followed by Moelis & Company, with five deals worth $14.6 billion, and HSBC, with nine deals worth $11.3 billion. Rothschild & Co occupied the fifth position by value.
JP Morgan occupied the second position in terms of volume, followed by Deloitte, with 10 deals worth $152 million. HSBC occupied the fourth position by volume, followed by Citi, with nine deals worth $7 billion.