JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the Middle East & Africa region for Q1-Q3 2022 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 has revealed that JP Morgan achieved its leading position by value by advising on $13.6 billion worth of deals. Meanwhile, Rothschild & Co occupied the top position by volume by advising on a total of 13 deals.

According to GlobalData’s report, ‘Global and Middle East and Africa M&A Report Financial Adviser League Tables Q1-Q3 2022’, a total of 906 M&A deals worth $85.7 billion were announced in the region during Q1-Q3 2022.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the only firm with double-digit deal volume during Q1-Q3 2022 but lagged in terms of value and did not feature among the top 10 by value. The average size of deals advised by the firm stood at $86.1 million.

“In contrast, JP Morgan, which advised on around half the number of deals advised by Rothschild & Co, registered an average deal size of $1.9 billion. The firm advised on two billion-dollar deals, both valued at more than $5 billion. JP Morgan’s involvement in such big-ticket deals helped it occupy the top position by value.”

An analysis of GlobalData’s Financial Deals Database reveals that Citi occupied the second position by value, by advising on $11.8 billion worth of deals, followed by Centerview Partners, with $7.4 billion, Bank of America, with $7.2 billion, and Goldman Sachs, with $6.9 billion.

Meanwhile, Deloitte occupied the second position in terms of volume with eight deals, followed by JP Morgan, with seven deals, Goldman Sachs, with six deals, and Stifel/KBW, with five deals.