JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the construction sector for Q1-Q3 2022 by deal value and deal 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 has revealed that JP Morgan achieved its leading position by value by advising on $123.7 billion worth of deals. Meanwhile, Rothschild & Co led by volume by advising on a total of 26 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: Despite experiencing an 18.8% year-on-year decline in deals volume during Q1-Q3 2022, Rothschild & Co was the only firm that advised on more than 20 deals. Similarly, JP Morgan, which led by value, also suffered a 35.7% decline in deal volume but registered an 8.5% growth in total deal value—suggesting that the firm was involved in several big-ticket deals* during Q1-Q3 2022. JP Morgan managed to advise on 13 billion-dollar deals*, some of which were ‘mega deals’ valued more than $10 billion.”

Analysis of GlobalData’s Financial Deals Database reveals that Goldman Sachs occupied the second position by value, by advising on $117.1 billion worth of deals; followed by Citi, with $93.8 billion; Bank of America, with $80 billion; and Morgan Stanley, with $55.5 billion. Meanwhile, JP Morgan occupied the second position in terms of volume with 18 deals; followed by PwC, with 17 deals; Goldman Sachs, with 16 deals; and Clearwater International, with 15 deals.

According to GlobalData’s report, ‘Global and Construction M&A Report Financial Adviser League Tables Q1-Q3 2022’, a total of 3,203 M&A deals worth $310.2 billion were announced in the sector during Q1-Q3 2022.

* Valued more than or equal to $1 billion.