20 Oct 2021
Posted in Business Fundamentals
JP Morgan and Rothschild & Co were the top M&A financial advisers by value and volume in South & Central America for Q1-Q3 2021, finds GlobalData
JP Morgan and Rothschild & Co were the top mergers and acquisition (M&A) financial advisers in South & Central America for Q1-Q3 2021 by value and volume, respectively. JP Morgan advised on eight deals worth US$13bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on ten deals worth US$2.9bn. A total of 782 M&A deals were announced in the region during Q1-Q3 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and South & Central America M&A Report Financial Adviser League Tables Q1-Q3 2021’, deal value for the region increased by 106.8% from US$44bn during Q1-Q3 2020 to US$91bn during Q1-Q3 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “There was close competition for the top position both in terms of value and volume. However, Rothschild & Co managed to score a double-digit deal volume and JP Morgan managed to cross deal value of US$12bn.
“Meanwhile, JP Morgan also edged past Rothschild & Co in terms of value due to its involvement in billion-dollar deals (valued more than or equal to US$1bn). While JP Morgan managed to advise on three billion-dollar deals, Rothschild & Co advised on one such deal.”
Itau Unibanco occupied the second position in terms of value with five deals worth US$10.7bn, followed by BTG Pactual with three deals worth US$10.5bn, Citi with three deals worth US$10.2bn and XP Investimentos with two deals worth US$9.2bn.
Clairfield International occupied the second position in terms of volume with nine deals worth US$174m, followed by JP Morgan. Lazard ranked fourth by volume with seven deals worth US$4.5bn, followed by Itau Unibanco.