Goldman Sachs and Houlihan Lokey were the top M&A financial advisers in the North America region for Q1–Q3 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 gained its leading position by advising on $497.9 billion worth of deals during Q1–Q3 2022. Meanwhile, Houlihan Lokey led by advising on a total of 142 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs was the only adviser to surpass $400 billion in total deal value but fell shy of hitting the $500 billion mark. The firm advised on 54 billion-dollar deals*, including 14 deals valued more than $10 billion—of which two were valued more than $50 billion.

“Moreover, Goldman Sachs was among a small number of firms that managed to advise on more than 100 deals during Q1–Q3 2022. As a result, it also occupied second position by deal volume in GlobalData’s league table. Meanwhile, Houlihan Lokey did not feature in the top 10 list by deal value—despite leading by volume—due to its involvement in relatively low-value transactions.”

Analysis of GlobalData’s Financial Deals Database reveals that JP Morgan occupied the second position by deal value, having advised on $336.5 billion worth of deals; followed by Morgan Stanley, with $288.1 billion; Bank of America with $260.4 billion; and Citi, with $235.2 billion.

Meanwhile, JP Morgan occupied the third position in terms of deal volume, with 109 deals; followed by Jefferies, with 104 deals; and Raymond James Financial, with 96 deals.

According to GlobalData’s report, ‘Global & North America M&A Review & Financial Adviser League tables’, a total of 11,306 M&A deals worth $1.1 trillion were announced in the North America region during Q1–Q3 2022.

* Valued more than or equal to $1 billion.