22 Apr 2021
Posted in Business Fundamentals
Kirkland & Ellis top M&A legal adviser in consumer sector for Q1 2021, finds GlobalData
Kirkland & Ellis has emerged as the top legal adviser for mergers and acquisitions (M&A) by both value and volume in the consumer sector for Q1 2021, having advised on 13 deals worth US$13.2bn. A total of 926 M&A deals were announced during Q1 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and Consumer M&A Report Legal Adviser League Tables Q1 2021’, deal value increased by 37.2% from US$78bn in Q1 2020 to US$107bn in Q1 2021.
Ravi Tokala, Lead Analyst at GlobalData, comments: “Kirkland & Ellis, being the only adviser to advise on more than 10 deals and surpass the US$10bn mark, emerged as the clear winner. The firm managed to advise on three billion-dollar deals (deals worth greater than or equal to US$1bn), among 11 such deals recorded in the consumer sector during Q1 2021.”
Blake Cassels & Graydon occupied the second position by value with six deals worth US$9.7bn followed by Simpson Thacher & Bartlett with three deals worth US$8.6bn and Fried Frank Harris Shriver & Jacobson with five deals worth US$7.6bn.
Allen & Overy occupied the second position by volume with 10 deals worth US$154mn followed by Gibson Dunn & Crutcher with seven deals worth US$3.9bn and Weil Gotshal & Manges with seven deals worth US$1.1bn.