Top 10 M&A financial and legal advisers in retail for H1 2022 revealed

A total of 963 M&A deals worth $40.9bn were announced in the sector during H1 2022.

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.

White & Case and Kirkland & Ellis were the top M&A legal advisers in the sector for H1 2022 by value and volume, respectively.

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.