Centerview Partners and Houlihan Lokey emerged as the top mergers and acquisitions (M&A) financial advisers by value and volume for Q1 2023 in the latest Financial Advisers League Table by GlobalData, which ranks financial advisers by the respective value and number of M&A deals on which they advised.

Based on its Financial Deals Database, the leading data and analytics company reveals that Centerview Partners achieved its leading position in the deal value rankings by advising on $76 billion worth of deals. Meanwhile, Houlihan Lokey led by volume, advising on a total of 52 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Most of the advisers experienced a fall in deal value as well as volume in Q1 2023 as global deal activity remained subdued during the quarter. However, Centerview Partners emerged as an exception to this trend and registered growth in deal value despite a decline in deals volume. In fact, Centerview Partners registered around four-fold jump in deal value, as all the deals advised by it were billion-dollar deals*, which also included two mega deals valued more than $10 billion. Involvement in these big-ticket deals helped it top the chart by value.

“Meanwhile, Houlihan Lokey was among the only three advisers who managed to advise on more than 50 deals during Q1 2023. Although it managed to top the list by volume, it faced close competition from Rothschild & Co and PwC.”

An analysis of GlobalData’s Financial Deals Database reveals that Rothschild & Co occupied the second position in terms of volume by advising on 51 deals, followed by PwC with 51 deals, KPMG with 40 deals, and Goldman Sachs with 36 deals.

Goldman Sachs also occupied the second position in terms of value by advising on $70 billion worth of deals, followed by Guggenheim Partners with $59 billion, Bank of America with $52 billion, and JP Morgan with $44 billion.

*Deals valued more than or equal to $1 billion