JP Morgan and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the North American region during the first half (H1) 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 has revealed that JP Morgan achieved its leading position in terms of value by advising on $209.5 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 81 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Houlihan Lokey was the top adviser by volume in H1 2023 and managed to retain its leadership position by this metric in H1 2024 as well despite a year-on-year (YoY) drop in the total number of deals advised by it.

“Meanwhile, JP Morgan, apart from leading by value, also occupied the third position by volume in H1 2024. It registered a significant jump in the total value of deals advised by it during H1 2024 compared to H1 2023 due to its involvement in several high-value transactions. In fact, JP Morgan was the only firm to surpass $200 billion in total deal value during H1 2024. During the review period, it advised on 37 billion-dollar deals*, which also included seven mega deals valued at more than $10 billion.”

Goldman Sachs occupied the second position in terms of value, by advising on $149.8 billion worth of deals, followed by Evercore with $144.6 billion, Morgan Stanley with $137.8 billion, and Citi with $108.5 billion.

Meanwhile, Jefferies occupied the second position in terms of volume with 58 deals, followed by JP Morgan with 57 deals, Goldman Sachs with 53 deals, and Evercore with 51 deals.

*Deals valued ≥ $1 billion