21 Jul 2021
Posted in Business Fundamentals
Goldman Sachs and Rothschild & Co were top M&A financial advisers by value and volume in consumer sector for H1 2021, finds GlobalData
Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the consumer sector for H1 2021 by value and volume, respectively. Goldman Sachs advised on 18 deals worth US$24.1bn, which was the highest value among all the advisers. Meanwhile, Rothschild & Co led in volume terms having advised on 31 deals worth US$12.4bn. A total of 1,889 M&A deals were announced in the sector during H1 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and Consumer M&A Report Financial Adviser League Tables H1 2021’, deal value for the sector increased by 106.6% from US$106bn in H1 2020 to US$219bn in H1 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was the only firm that managed to advise on more than 30 deals during H1 2021. However, it lagged behind its peers in terms of value and had to settle for the seventh position in the list of top ten advisors by value.
“Meanwhile, Goldman Sachs was among the only two advisors (the other being JP Morgan) that managed to surpass US$20bn. While Goldman Sachs advised on six billion-dollar deals valued more than or equal to US$1bn, Rothschild & Co advised on three such deals.”
JP Morgan occupied the second position in terms of value with 14 deals worth US$23.2bn, followed by Morgan Stanley with 15 deals worth US$18.5bn, Citi with eight deals worth US$15.4bn and Bank of America with eleven deals worth US$14.9bn.
PwC occupied the second position in terms of volume with 29 deals worth US$6bn, followed by Houlihan Lokey in third position with 19 deals worth US$1.9bn. Goldman Sachs occupied the fourth position in terms of volume, followed by KPMG with 18 deals worth US$1.8bn.