Top 10 Financial Advisors in Consumer Industry in the World in 2021 by Deal Volume
Rothschild & Co SCA, Houlihan Lokey Inc, KPMG International Coop, PricewaterhouseCoopers International Ltd, and The Goldman Sachs Group Inc are among the top 5 financial advisors in the consumer industry in 2021 by deal volume. In terms of the geographic split, 6 out of 10 of the world’s top 10 financial advisors in the consumer industry are headquartered in North America, and the remaining 4 are based in Europe. They employed a total of 1,245,721 people in 2021. The Hornbach Holding-Hornbach Baumarkt deal was one of the major deals in the consumer sector in 2021. Deutsche Bank acted as a financial advisor to HORNBACH Holding, while Gleiss Lutz acted as legal counsel to HORNBACH Holding. Hornbach Holding AG & Co. KGaA (formerly Hornbach Holding AG), a Germany-based holding company of the Hornbach Group, entered into an agreement to acquire shares of HORNBACH Baumarkt AG, a Germany-based operator of Do-it-yourself (DIY) stores and home centers, at a price of EUR47.50 per share in cash, representing an equity value of $1.696 billion and an enterprise value of $1.984 billion. Central Group-Selfridges deal was another major deal in the consumer sector in 2021. Citi served as the financial advisor to Central Group, while Credit Suisse was appointed to help the Wittington Investments sell Selfridges. Central Group Co Ltd, a Thailand-based family-owned conglomerate holding company that is involved in merchandising, real estate, retailing, hospitality, and restaurants, and SIGNA HOLDING GMBH, a construction company, has acquired Selfridges & Co, a UK-based chain of departmental stores, from Wittington Investments for $5,321 million. The deal was completed in Q4 2021. The Ames Companies-Hunter Fan deal was another major deal in the consumer sector in 2021. Dechert LLP served as the legal counsel to Griffon, while Raymond James served as the financial advisor to Hunter Fan. The AMES Companies Inc, a subsidiary of Griffon Corporation, has acquired Hunter Fan Company, a manufacturer of residential ceiling, commercial, and industrial fans, from MidOcean Partners, a middle market private equity firm, for $845 million. The deal was completed in Q1 2022.