GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 legal advisers in consumer sector by value and volume for H1 2021 in its report, ‘Global and Consumer M&A Report Legal Adviser League Tables H1 2021’.
According to GlobalData’s M&A report, a total of 1,889 M&A deals were announced in the sector during H1 2021, while deal value for the sector increased by 106.6% from $106bn in H1 2020 to $219bn in H1 2021.
Top advisers by value and volume
Simpson Thacher & Bartlett and Kirkland & Ellis emerged as the top mergers and acquisitions (M&A) legal advisers in the consumer sector for H1 2021 by value and volume, respectively.
Simpson Thacher & Bartlett advised on nine deals valued at $24.8bn, which was the highest value among all the advisers. Meanwhile, Kirkland & Ellis led in volume terms having advised on 31 deals worth $14.4bn.
GlobalData lead analyst Aurojyoti Bose said: “Kirkland & Ellis was the only firm to advise on more than 30 deals. Additionally, it managed to advise on some of the high-value transactions, which helped it to secure the third position by value as well.
“On the other hand, although Simpson Thacher & Bartlett led by value, it was not able to obtain a position in the list of top ten advisers by volume. Interestingly, the majority of the top ten advisors by value showcased single-digit deal volume.”
Blake Cassels & Graydon took the second position in terms of value with eight deals worth $14.6bn. It was followed by Kirkland & Ellis. Allens got the fourth position in terms of volume with two deals worth $14.2bn, followed by Davis Polk & Wardwell with nine deals worth US$9.8bn.
Allen & Overy secured the second position in terms of volume with 22 deals worth $1bn. It was followed by Jones Day with 20 deals worth $1.3bn, Latham & Watkins with 19 deals worth $7.5bn and Paul Weiss Rifkind Wharton & Garrison with 18 deals worth $9.1bn.
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.