GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 financial advisers in consumer sector by value and volume for 2020 in its report, ‘Global and Consumer M&A Report Financial Adviser League Tables 2020’.
According to GlobalData’s M&A report, a total of 3,405 M&A deals were announced in the consumer sector during 2020, marking a 33.2% decline over the 5,099 deals announced during 2019. Deal value increased by 33.3% from $399bn in 2019 to $266bn in 2020.
Top Advisers by Value and Volume
Goldman Sachs advised on 37 deals worth $37.3bn – the highest value among all the advisers. Meanwhile, PwC led in volume terms having advised on 39 deals worth $3.4bn.
GlobalData lead analayst Aurojyoti Bose said: “Goldman Sachs was the only adviser to surpass the US$30bn mark by value during the Covid-19 hit 2020. The firm’s involvement in high value transactions played a pivotal role as it managed to advise on 10 deals worth more than or equal to $1bn and also secured second position in terms of volume.
“PwC, on the other hand, despite leading in terms of volume, failed to secure a ranking among the top 10 advisers by value. The firm managed to advise on only a single deal that was worth more than or equal to $1bn.”
Morgan Stanley occupied second position in GlobalData’s ranking of financial advisers for M&As in the global consumer sector by value with 23 deals worth a total $27.1bn, followed by JP Morgan with 17 deals worth $21.6bn and Citi with 12 deals worth $17.3bn.
Houlihan Lokey occupied the third position by volume with 35 deals worth $5.7bn, followed by Rothschild & Co with 34 deals worth $10.2bn.
GlobalData’s 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 adviser submission forms on GlobalData’s website