Goldman Sachs has emerged as the top mergers and acquisitions (M&A) financial adviser in the technology, media, and telecom (TMT) sector for H1 2022 by both value and volume, according to the latest Financial Advisers League Table by GlobalData. Based on its Financial Deals Database, the leading data and analytics company notes that Goldman Sachs achieved this leading position by advising on 52 deals worth $302 billion.

According to GlobalData’s report, ‘Global and Technology, Media & Telecom M&A Report Financial Adviser League Tables H1 2022’, a total of 5,864 M&A deals worth $603.3 billion were announced in the sector during H1 2022.  

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Goldman Sachs faced some competition in terms of deal volume, but no other advisor came close when it came to deal value. The firm managed to advise on nine mega deals*, which included two deals valued more than $50 billion. As a result, Goldman Sachs emerged as the only adviser with more than $300 billion in total deal value.”

Analysis of GlobalData’s Financial Deals Database reveals that JP Morgan occupied the second position by value, by advising on $173.2 billion worth of deals; followed by Morgan Stanley, with $171.6 billion; Barclays, with $140 billion; and Bank of America, with $135.5 billion.

Meanwhile, Houlihan Lokey occupied the second position in terms of volume, with 52 deals; followed by PwC, with 37 deals; JP Morgan, with 36 deals; and Ernst & Young, with 36 deals.

* Valued more than or equal to $10 billion.