Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region for 2022 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised.

Based on its Financial Deals Database, the leading data and analytics company has revealed that Goldman Sachs achieved its leading position in terms of value by advising on $619.2 billion worth of deals. Meanwhile, Houlihan Lokey led in volume terms by advising on a total of 183 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Houlihan Lokey, despite experiencing a significant drop in deals volume in 2022 compared to the previous year, managed to improve its ranking by this metric. Meanwhile, Goldman Sachs, which occupied the top position by value in 2021, also managed to retain the position in 2022 despite suffering a decline. Moreover, it was a clear winner by this metric as it was the only firm with more than $600 billion in total deal value.

“Involvement in 18 mega deals*, of which two were valued more than $50 billion, played a pivotal role for Goldman Sachs in securing the top position by value. Meanwhile, apart from leading by value, Goldman Sachs also managed to occupy the second position by volume.”

An analysis of GlobalData’s Financial Deals Database reveals that JP Morgan occupied the third position in terms of volume with 145 deals; followed by Stifel/KBW with 125 deals; and Raymond James Financial with 125 deals.

JP Morgan occupied the second position in terms of value, by advising on $400.3 billion worth of deals; followed by Morgan Stanley with $324.5 billion; Citi with $300.2 billion; and Bank of America with $267.5 billion.

* Valued more than or equal to $10 billion.