Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the consumer sector in 2023 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 Deals Database, the leading data and analytics company reveals that Goldman Sachs achieved its leading position in terms of value by advising on $11.6 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of 25 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Interestingly, both Goldman Sachs and Rothschild & Co were also the top advisers by value and volume, respectively in 2022 and despite registering a decline, they managed to retain their leadership positions in 2023 as well.

“Apart from leading by value in 2023, Goldman Sachs also occupied the 10^th position by volume. Similarly, Rothschild & Co, apart from leading by volume, also featured in the top 10 list by value, occupying the fifth position.”

An analysis of GlobalData’s Deals Database reveals that Morgan Stanley occupied the second position in terms of value, by advising on $11.1 billion worth of deals, followed by Bank of America with $10.6 billion, Evercore with $8.4 billion, and Rothschild & Co with $8.1 billion.

Meanwhile, KPMG occupied the second position in terms of volume with 19 deals, followed by PwC with 15 deals, Houlihan Lokey with 14 deals, and UBS with 10 deals.