Goldman Sachs and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the power sector for H1 2022 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData.
Based on its Financial Deals Database, the leading data and analytics company has revealed that Goldman Sachs achieved its leading position by value by advising on $13.3 billion worth of deals. Meanwhile, Rothschild & Co led by volume by advising on a total of 15 deals.
According to GlobalData's report, 'Global and Power M&A Report Financial Adviser League Tables H1 2022', a total of 671 M&A deals worth $163.9 billion were announced in the power sector during H1 2022.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: "Rothschild & Co led by volume but lagged in terms of value and settled for the eighth position by this metric. Meanwhile, Goldman Sachs advised on fewer but big-ticket deals, which helped it to secure the top position by value. Four of the six deals advised by Goldman Sachs were billion-dollar deals (≥ $1 billion) while Rothschild & Co advised on two such deals."
An analysis of GlobalData's Financial Deals Database reveals that JP Morgan occupied the second position by value, by advising on $10.6 billion worth of deals, followed by Nomura with $7.6 billion, Evercore with $7.3 billion and Bank of America with $6.9 billion.
Meanwhile, Lazard occupied the second position in terms of volume with 11 deals, followed by Ernst & Young with 11 deals, JP Morgan with 10 deals and KPMG with seven deals.