Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the consumer sector during the first three quarters (Q1-Q3) of 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 Financial Deals Database, the leading data and analytics company reveals that Goldman Sachs achieved the leading position in terms of value by advising on $21 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: “Rothschild & Co was the only adviser with more than 20 deals during Q1-Q3 2023. Apart from leading by volume, it also occupied the ninth position by value.

“Meanwhile, Goldman Sachs, which was the top adviser by value during Q1-Q3 2022, managed to retain its leadership position by this metric during Q1-Q3 2023 as well. In fact, it was the only adviser to surpass $20 billion in total deal value during Q1-Q3 2023. Apart from leading by value, it also occupied the seventh position by volume.”

Evercore occupied the second position in terms of value, by advising on $14.2 billion worth of deals, followed by Bank of America with $10.8 billion, Morgan Stanley with $10.4 billion, and Citi with $10.2 billion.

Meanwhile, KPMG occupied the second position in terms of volume with 14 deals, followed by Houlihan Lokey with 12 deals, PwC with 12 deals, and Ernst & Young with 11 deals.