GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial and legal advisers by value and volume in retail sector for H1 2022.
A total of 963 merger and acquisition (M&A) deals worth $40.9bn were announced in the sector during H1 2022.
Top financial advisers by value and volume
According to GlobalData’s ‘Global and Retail M&A Report Financial Adviser League Tables H1 2022’, JP Morgan and Rothschild & Co were the top M&A financial advisers in the retail sector for H1 2022 by value and volume, respectively.
JP Morgan advised on $1.5bn worth of deals, while Rothschild & Co advised on a total of 12 deals.
GlobalData lead analyst Aurojyoti Bose said: “Rothschild & Co was the only firm to advise on double-digit deal volume. However, it lagged in terms of value and settled for the 10th position by this metric. The average size of deals advised by Rothschild & Co was $66.8 million, whereas it stood at $294.2 million for JP Morgan. Resultantly, JP Morgan, despite advising on fewer deals compared to Rothschild & Co, managed to top by value.”
According to the financial deals database of GlobalData, the other high rankers by value included Jefferies that took the second position by advising on $1.3bn worth of deals, followed by Stifel/KBW with $1.1bn, Cantor Fitzgerald with $1.1bn, Stephens with $1.1bn and Wells Fargo with $1.1bn.
In terms of volume, JP Morgan occupied the second place with five deals, followed by Houlihan Lokey with five deals, Liberum Capital with four deals and Jefferies with three deals.
Top legal advisers by value and volume
White & Case advised on $1.7bn worth of deals, while Kirkland & Ellis advised on a total of nine deals, according to GlobalData’s ‘Global and Retail M&A Report Legal Adviser League Tables H1 2022’.
Bose said: “Kirkland & Ellis, apart from leading by volume, also gave strong competition for the top position by value. However, it fell short of just $68m to occupy the top position by value and settled for the third position by this metric. Meanwhile, White & Case led by value but could not secure a ranking among the top 10 by volume.”
According to the financial deals database, the other high rankers by value included Wachtell, Lipton, Rosen & Katz that occupied the second position by advising on $1.6bn worth of deals, followed by Kirkland & Ellis with $1.6bn, Davis Polk & Wardwell with $1.3bn, and Gibson, Dunn & Crutcher with $1.3bn.
In terms of volume, CMS secured the second position with nine deals, followed by AZB & Partners with seven deals, Jones Day with six deals, and Paul, Weiss, Rifkind, Wharton & Garrison with six deals.
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.