Goldman Sachs has dominated the latest M&A league table of the top ten financial advisers for the retail sector based on deal value in FY2018, compiled b leading data and analytics company GlobalData.
The American bank advised on 19 deals worth a total of $44.3bn. It worked on the second highest number of transactions during the year, including the year’s biggest deal in the retail sector, Walmart’s $16bn stake acquisition in Flipkart.
Morgan Stanley and Barclays worked on deals worth $28.5bn and $25.9bn respectively to rank second and third.
In 2018, the retail sector saw growth in the value and volume of deals compared with the previous year. The total value increased by 8.93% from $134.4bn in 2017 to $146.4bn in 2018. Volume also increased by 12.93% from 1,555 in 2017 to 1,756 in 2018.
Goldman Sachs, which was ranked top retail M&A financial adviser, also finished top of the global league table of top 20 M&A financial advisers released by GlobalData recently. Morgan Stanley was placed third in the global league table, while Barclays came in sixth place.
US-based law firm Kirkland & Ellis emerged as the lead player in the list of top ten legal advisers, both in terms of deal value and deal volume. It advised on 23 deals worth a combined $29.4bn, including the sector’s top transaction, Walmart’s acquisition of 77% stake in Flipkart for $16bn. With the exception of fifth-ranked Slaughter and May, all advisers in the list were associated with this high-profile deal.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataGibson Dunn & Crutcher ranked second in terms of deal value, clocking in $26.1bn from just four deals. In the global league table of top 20 legal advisers, Kirkland & Ellis was ranked 12th while Gibson Dunn & Crutcher finished in 17th place.
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources. A dedicated team of analysts monitors these sources to gather in-depth information on each deal, including adviser names.
The company also accepts adviser submissions through forms on the GlobalData website, which allow legal and financial advisers to submit details of their deals.