JP Morgan and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region during the first quarter (Q1) of 2024 by value and volume, respectively according to the latest financial advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Deals Database reveals that JP Morgan achieved its leading position in terms of value by advising on $135.9 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 33 deals.                             

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Houlihan Lokey was the top adviser by volume during Q1 2023 and managed to retain its leadership position by this metric in Q1 2024 as well.

“Meanwhile, JP Morgan experienced a significant jump in the total value of deals advised by it during Q1 2024 compared to Q1 2023. Resultantly, there was a jump in its ranking by value and it went ahead from occupying the fifth position in Q1 2023 to top the chart by this metric in Q1 2024. During the quarter, JP Morgan advised on 22 billion-dollar deals*, which also included five mega deals valued more than $10 billion. These big-ticket deals helped JP Morgan to register growth in terms of value and occupy the top position by this metric.”

Evercore occupied the second position in terms of value, by advising on $100.7 billion worth of deals, followed by Goldman Sachs with $88.9 billion, Citi with $88.6 billion and Morgan Stanley with $74.5 billion.

Meanwhile, JP Morgan occupied the second position in terms of volume with 30 deals, followed by Jefferies with 28 deals, Stifel/KBW with 27 deals and Goldman Sachs with 23 deals.

*Deals valued ≥ $1 billion.