Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Europe during the first half (H1) of 2024 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 Goldman Sachs achieved the leading position in terms of value by advising on $44.1 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 88 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs registered a notable jump in the total value of deals advised during H1 2024 compared to H1 2023 and resultantly there was also an improvement in its ranking by value. Involvement in 13 billion-dollar deals* during H1 2024 helped Goldman Sachs register improvement in value and occupy the top spot.

“Rothschild & Co was the top adviser by volume in H1 2023 and managed to retain its leadership position in H1 2024 as well, despite registering a year-on-year (YoY) decline in the number of deals advised by it. Apart from leading by volume, Rothschild & Co also occupied fifth position by value during H1 2024.”

Morgan Stanley occupied the second position in terms of value, by advising on $31.7 billion worth of deals, followed by Lazard with $30 billion, UBS with $27.1 billion and Rothschild & Co with $24.7 billion.

Meanwhile, PwC occupied the second position in terms of volume with 57 deals, followed by Lazard with 47 deals, Ernst & Young with 46 deals and KPMG with 46 deals.

*Deals valued ≥ $1 billion