GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 financial advisers in retail sector by value and volume for 2021 in its report, ‘Global and Retail M&A Report Legal Adviser League Tables 2021’.
According to GlobalData’s M&A report, a total of 2,047 merger and acquisition (M&A) deals were announced in the sector during 2021, while deal value for the sector increased by 33.9% from $162.2bn in 2020 to $217.2bn in 2021.
Top advisers by value and volume
Goldman Sachs and Pwc emerged as the top M&A financial advisers in the retail sector for 2021 by value and volume, respectively.
Goldman Sachs advised on 19 deals worth $39bn, while PwC advised on 23 deals worth $3.5bn.
GlobalData lead analyst Aurojyoti Bose said: “PwC held the top spot in terms of deal volume but lagged behind many of its peers in terms of deal value due to its involvement in low-value transactions. The firm was unable to secure a ranking among the top 10 financial advisers by value. PwC advised on only one billion-dollar deal (valued more than or equal to $1 billion) during 2021.
“Meanwhile, Goldman Sachs advised on three billion-dollar deals that also included one mega deal valued more than $10 billion. This helped the firm to secure the top spot by value.”
Jefferies took the second position in terms of value, with 15 deals worth $30.2bn, followed by Rothschild & Co, with 21 deals worth $29.3bn, JP Morgan, with 20 deals worth $27.7bn and Shore Capital Group, with three deals worth $26.4bn.
Rothschild & Co secured the second spot in terms of volume, followed by JP Morgan and Goldman Sachs. KPMG got the fifth place in the volume table, with 18 deals worth $829m.
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.