Morgan Stanley and Rothschild & Co were the top mergers and acquisition (M&A) financial advisers in Europe for Q1-Q3 2021 by value and volume, respectively, according to GlobalData’s Financial Deals Database.
The data and analytics company notes that Morgan Stanley advised on 54 deals worth USD232.9 billion, which was the highest value among all the advisers, while Rothschild & Co led in terms of volume – having advised on 230 deals worth USD168.3 billion. A total of 8,590 M&A deals were announced in the region during Q1-Q3 2021.
According to GlobalData’s report, ‘Global and Europe M&A Report Financial Adviser League Tables Q1-Q3 2021’, deal value for the region increased by 70.8 per cent from USD466 billion during Q1-Q3 2020 to USD796 billion in Q1-Q3 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the only company to advise on more than 200 deals. It also registered a 72.9 per cent year-on-year (YoY) volume growth. Despite this healthy growth, the company failed to secure a position among the top three financial advisers in terms of value and had to settle for fourth place instead.
“GlobalData’s study shows that companies that advise on high-value transactions such as billion-dollar deals (valued more than or equal to USD1 billion) and mega deals (valued more than or equal to USD10 billion) are most likely to secure the top spots by value. For instance, Morgan Stanley secured the top spot by value due to its involvement in 35 billion-dollar deals, which also included six mega deals. Similarly, Goldman Sachs, which occupied the second spot by value, advised on 48 billion-dollar deals, out of which four were mega deals.”
