Barclays and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail sector during 2023 by value and volume, respectively according to the latest financial advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Deals Database reveals that Barclays achieved its leading position in terms of value by advising on $14.6 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 19 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Barclays saw a massive jump in the total value of deals advised by it in 2023 compared to the previous year. It was the only financial adviser to surpass $10 billion in total deal value during 2023. Apart from leading by value, Barclays also occupied the 10^th position by volume during the year.

“Meanwhile, the number of deals advised by Rothschild & Co mostly remained at the same level and it fell short of just one deal to touch 20 deals volume mark in 2023. Apart from leading by volume, Rothschild & Co also occupied the fourth position by value.”

Goldman Sachs occupied the second position in terms of value, by advising on $9.5 billion worth of deals, followed by Morgan Stanley with $8.7 billion, Rothschild & Co with $7.1 billion and Jefferies with $7 billion.

Meanwhile, Lazard occupied the second position in terms of volume with 10 deals, followed by Houlihan Lokey with 10 deals, Goldman Sachs with nine deals and Jefferies with nine deals.