Leading data and analytics company GlobalData has announced its league tables for the top ten financial advisers by value and volume in the consumer sector for 2022.
Goldman Sachs and Rothschild & Co emerged as the sector’s top financial advisers for mergers and acquisitions (M&As) in the period by value and volume, respectively.
The former company advised on $61.5bn worth of deals, while the latter advised on a total of 36 deals.
GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs outpaced its peers by a significant margin in terms of value and was the only firm to surpass $50bn in total deal value in 2022.
“It has advised on 12 billion-dollar deals, including one mega deal valued more than $10bn.
“Rothschild & Co, although managed to lead by volume, faced stiff competition from KPMG, which fell short of just one deal to occupy the top spot by this metric.”
According to GlobalData’s financial deals database, other high rankers by value included Morgan Stanley, which advised on $23.8bn worth of deals.
This was followed by Bank of America with $23.6bn, Citi with $19.2bn and Deutsche Bank with $17.1bn.
In terms of volume, KPMG occupied the second position with 35 deals, followed by Houlihan Lokey with 33 deals, Goldman Sachs with 29 and PwC with 26.
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 increase the reliability of the data, the company also seeks submissions from leading advisers through adviser submission forms on its website.