Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in the power sector in 2023 by both value and volume, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Deals Database reveals that Rothschild & Co achieved this leading position by advising on 22 deals worth $16 billion.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the top adviser by volume in 2022 and managed to retain its leadership position by this metric in 2023 as well despite a decline in the number of deals advised. However, it registered a jump in deal value and improvement in its ranking by value in 2023 compared to 2022. Rothschild & Co went ahead from occupying the sixth position by value in 2022 to top the chart in 2023. Involvement in two billion-dollar deals* including a mega deal valued more than $10 billion was pivotal for it in leading the chart by value.”

Goldman Sachs occupied the second position in terms of value, by advising on $11.7 billion worth of deals, followed by Barclays with $10.7 billion, Lazard with $9.6 billion and Bank of America with $9.5 billion.

Meanwhile, KPMG occupied the second position in terms of volume with 21 deals, followed by Ernst & Young with 16 deals, PwC with 16 deals and JP Morgan with 13 deals.