Financial adviser, JP Morgan has been rated top in the top 10 global Merger & Acquisition financial adviser league table in the
According to GlobalData, a data analytics company, the rating was done based on deal value in the first half of 2019, disclosing that the New York-based financial institution took the top spot with a deal value of US$130.0bn for advising on 33 deals.
Bank of America Merrill Lynch finished in second position with 25 deals worth US$90. 3bn and Goldman Sachs at third position with 34 deals worth US$83.1bn.
“JP Morgan and Simpson Thacher & Bartlett emerged as the top financial and legal advisers, respectively in the ICT sector, mainly driven by their involvement in two out of three top big ticket deals – Fiserv’s acquisition of First Data and Digital Colony Partners and EQT Infrastructure’s acquisition of Zayo Group,” said Prakhar Baghmar, Financial Deals Analyst at GlobalData.
Global ICT deals market in H1 2019
The ICT sector witnessed a decline of 7.7% in deal value from US$394.6bn in H1 2018 to US$364.3bn in H1 2019. Deal volume, however, increased by 32.7% from 7,023 to 9,322.
JP Morgan, which topped the ICT deals league table, was ranked second in the recently released global league table of top 20 M&A financial advisers by GlobalData.
Bank of America Merrill Lynch, which stood at second place in the ICT deals league table, ranked sixth in the global list.