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 Q1–Q3 2020 in its report, ‘Global and Retail M&A Report Financial Adviser League Tables Q1-Q3 2020

According to GlobalData’s M&A report, a total of 889 M&A deals were announced in the retail sector during the period. There was a 58.6% decrease over the 2,146 deals that were announced during Q1–Q3 2019. Deal value also witnessed a year-on-year decrease of 67.3% from $189bn to $62bn.

Goldman Sachs tops by value

As per GlobalData’s ranking, Goldman Sachs achieved top position both in terms of value having advised on eight deals worth $21bn. This was the highest value among all the advisers.

JP Morgan occupied the second position by value with five deals worth $15.6bn, followed by Barclays and HSBC with three deals each worth $12.6bn and $11.5bn, respectively.

Goldman Sachs leads by volume

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.

Company Profile – free sample

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 GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Goldman Sachs took the top position in the volume category too with eight deals worth $21bn. Bank of America occupied the second position in terms of volume with eight deals worth $10.4bn, followed by Ernst & Young with eight deals worth $4.1bn and UBS with seven deals worth $11.3bn.

GlobalData lead analyst Aurojyoti Bose said: “Deal activity remained subdued during the Covid-19 hit 2020 with none of the advisers including Goldman Sachs able to report double digit deal volume. However, it managed to advise on some of the big-ticket deals and was the only adviser to surpass $20bn mark during these challenging times.

“Goldman Sachs advised on three billion-dollar deals (greater than or equal to $1bn), out of which there was one megadeal (>$10bn).”

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