Morgan Stanley and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the consumer sector during the first half (H1) of 2023 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 Financial Deals Database reveals that Morgan Stanley achieved its leading position in terms of value by advising on $10.2 billion worth of deals. Meanwhile, Rothschild & Co led by volume by advising on a total of 14 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Morgan Stanley achieved the leading position by value and was the only firm to touch the $10 billion mark in total deal value in H1 2023. It also improved its ranking by value from third position in H1 2022 to the top position in H1 2023.

“Similarly, Rothschild & Co, which led by volume, went ahead from occupying the second position by volume in H1 2022 to top the chart in H1 2023. Moreover, it also occupied the fourth position by value.”

Moelis & Company occupied the second position by value, by advising on $8.5 billion worth of deals, followed by Goldman Sachs with $8.2 billion, Rothschild & Co with $5.9 billion and Bank of America with $4.8 billion.

Meanwhile, Houlihan Lokey occupied the second position in terms of volume with 10 deals, followed by Moelis & Company with nine deals, Ernst & Young with nine deals and Clearwater International with nine deals.