GlobalData’s latest league table reveals that UBS and PwC emerged as the leading financial advisers for mergers and acquisitions (M&A) in the power sector from the first to the third quarters (Q1 to Q3) of 2023 by value and volume respectively.

According to the data and analytics company’s Financial Deals Database, UBS advised on $17.1bn worth of deals during the period to occupy the top rank by value.

Goldman Sachs advised on deals valued at $11.3bn, taking the second spot.

Bank of America secured third place, advising on $9.5bn of deals. It was followed by Barclays, which offered advice on $8.7bn worth of deals, and Citi, which advised on $8.5bn worth of deals.

PwC topped the list in terms of volume, after advising on 14 deals.

KPMG advised on 12 deals to gain second place 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.

Next came Rothschild & Co with 11 deals, Ernst & Young with 11 deals and UBS with eight.

GlobalData lead analyst Aurojyoti Bose stated: “PwC registered growth in the number of deals advised by it during Q1 to Q3 2023 compared with Q1 to Q3 2022. Its ranking by volume also improved from 11 in Q1 to Q3 2022 to the top position in Q1 to Q3 2023.

“Meanwhile, although UBS was among the only two advisers that managed to surpass $10bn in total deal value during Q1 to Q3 2023, it was much ahead of the adviser occupying the second position by value. Its involvement in the $15bn deal to acquire Toshiba by TBJH was pivotal for UBS in securing the top spot by value during Q1 to Q3 2023.”

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory company 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 of the data, the company also seeks deal submissions from leading advisers.