Merger and acquisition in retail sector. GlobalData has announced the latest Legal and Financial Adviser League Tables, based on the total value and volume of merger and acquisition (M&A) deals they advised on in retail sector in H1 2023.
Legal Advisers
Freshfields Bruckhaus Deringer, CMS top M&A legal advisers by value, volume in retail sector in H1 2023, reveals GlobalData
Freshfields Bruckhaus Deringer and CMS were the top mergers and acquisitions (M&A) legal advisers in the retail sector during the first half (H1) of 2023 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Financial Deals Database reveals that Freshfields Bruckhaus Deringer achieved its leading position in terms of value by advising on $4.6 billion worth of deals. Meanwhile, CMS led in terms of volume by advising on a total of 10 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “CMS was the only adviser with double-digit deal volume in H1 2023. Moreover, it went ahead from occupying the second position by volume in H1 2022 to top the chart by this metric in H1 2023.
“Meanwhile, Freshfields Bruckhaus Deringer also saw a significant jump in its ranking by value from 57th position in H1 2022 to the top position in H1 2023. It also registered a substantial jump in the total value of deals advised by it in H1 2023 compared to H1 2022.”
Akin Gump Strauss Hauer & Feld, Cleary Gottlieb Steen & Hamilton and Simpson Thacher & Bartlett jointly occupied the second position in terms of value by advising on $4 billion worth of deals each.
Meanwhile, Kirkland & Ellis occupied the second position in terms of volume with seven deals, followed by Baker McKenzie with seven deals, Fasken Martineau DuMoulin with six deals, and White & Case with four deals.
Financial Advisers
Jefferies, Rothschild & Co top M&A financial advisers by value, volume in retail sector in H1 2023, reveals GlobalData
Jefferies and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the retail 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 Jefferies achieved its leading position in terms of value by advising on $5.3 billion worth of deals. Meanwhile, Rothschild & Co led in terms of volume by advising on a total of seven deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Jefferies was the top adviser by value in H1 2022 and was able to retain its leadership position by this metric in H1 2023 as well. It also registered a four-fold jump by value in H1 2023 compared to H1 2022.
Similarly, Rothschild & Co was the top adviser by volume in H1 2022 and was able to retain its leadership position by this metric in H1 2023 as well. However, had to see a decline in deals volume in H1 2023 compared to H1 2022.”
Goldman Sachs occupied the second position in terms of value, by advising on $4.6 billion worth of deals, followed by JP Morgan with $4.2 billion, Barclays with $4 billion and RBC Capital Markets with $2.1 billion.
Meanwhile, Performance Brokerage Services occupied the second position in terms of volume by advising on seven deals, followed by Ernst & Young with five deals, Jefferies with four deals and KPMG with four deals.
Methodology for League Tables
GlobalData league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness to the data, the company also seeks submissions from leading advisers, through an adviser submission forms on GlobalData, which allows both legal and financial advisers to submit their deal details.
For league tables, we have considered M&A including asset transactions, venture capital and private equity deals where advisors were involved.
About GlobalData. 4,000 of the world’s largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData’s unique data, expert analysis and innovative solutions, all in one platform. GlobalData’s mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.