Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in Europe during the first three quarters (Q1-Q3) 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 top position in terms of value by advising on $67.4 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 114 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the top adviser by volume in Q1-Q3 2023 and managed to retain its position by this metric during Q1-Q3 2024 as well. Interestingly, despite witnessing a year-on-year decline in the number of deals advised by it, Rothschild & Co was the only adviser to hit triple-digit deal volume during Q1-Q3 2024.
“Meanwhile, Goldman Sachs registered improvement in the total value of deals advised by it during Q1-Q3 2024 compared to Q1-Q3 2023 due to its involvement in big-ticket deals. Resultantly, its ranking by value improved from second position during Q1-Q3 2023 to the top position during Q1-Q3 2024. Goldman Sachs advised on 21 billion-dollar deals* during Q1-Q3 2024.”
Morgan Stanley occupied the second position in terms of value, by advising on $45.6 billion worth of deals, followed by Lazard with $40.4 billion, Barclays with $38.1 billion and Deutsche Bank with $31.8 billion.
Meanwhile, PwC occupied the second position in terms of volume with 91 deals, followed by Clearwater International with 78 deals, Ernst & Young with 77 deals and KPMG with 73 deals.
* ≥ $1 billion
