JPMorgan and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the technology, media and telecom sector during the first quarter (Q1) of 2026 by value and volume, respectively according to the latest financial advisers league table by GlobalData, a leading intelligence and productivity platform.

An analysis of GlobalData’s Financial Deals Database reveals that JPMorgan achieved the leading position in terms of value by advising on $24.7 billion worth of deals. Meanwhile, Houlihan Lokey led in terms of volume by advising on a total of 19 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Houlihan Lokey was the top adviser by volume in Q1 2025 and managed to retain its leadership position by this metric in Q1 2026 as well, despite registering a year-on-year (YoY) drop in the total number of deals advised.

“Meanwhile, JPMorgan also registered a decline in the total value of deals advised but experienced an improvement in its ranking by value. It went ahead from occupying the fourth position by value in Q1 2025 to top the chart by this metric in Q1 2026. Apart from leading by value, it also held the third position by volume during Q1 2026.”

Morgan Stanley occupied the second position in terms of value, by advising on $22.9 billion worth of deals, followed by Goldman Sachs with $18 billion, Centerview Partners with $13.4 billion and Mediobanca with $12.5 billion.

Meanwhile, Evercore occupied the second position in terms of volume with 13 deals, followed by JPMorgan with 12 deals, Morgan Stanley with 11 deals and Stifel/KBW with eight deals.