GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 fi advisers in power sector by value and volume for Q1-Q3 2021 in its report, ‘Global and Power M&A Report Financial Adviser League Tables Q1-Q3 2021’.
According to GlobalData’s M&A report, a total of 1,737 merger and acquisition (M&A) deals were announced in the sector during Q1-Q3 2021, while deal value for the sector increased by 79.4% from $170bn during Q1-Q3 2020 to $305bn in during Q1-Q3 2021.
Top advisers by value and volume
Goldman Sachs is the top financial adviser for M&A by both value and volume in the power sector for Q1-Q3 2021. It advised on 23 deals valued $67.6bn
GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs was the clear winner in terms of value, as it was the only adviser to surpass the $60bn mark on the back of its involvement in 11 deals valued more than or equal to $1bn. Its activity also included three mega deals, valued more than $10bn. Goldman Sachs also led by volume but faced tough competition from peers such as Rothschild & Co, Barclays and Citi.”
Rothschild & Co took the second position in the volume chart. It was followed by Barclays, with 22 deals valued at $32.4bn; Citi with 20 deals worth $32.5bn; and Ernst & Young with 18 deals worth $545m.
JP Morgan secured the second spot in the value table, with 14 deals worth $59.9bn. It was followed by Bank of America, with ten deals worth $40.6bn, Morgan Stanley with 14 deals worth $36.3bn, and Rothschild & Co with 22 deals worth $34.6bn.
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.