JP Morgan was the leading financial adviser globally for mergers and acquisitions (M&A) in Q1-Q3 2019 in the construction sector, according to GlobalData.
The investment bank left behind its counterparts Morgan Stanley, Rothschild & Co and Citi to lead the table with 19 deals worth $25.4bn.
JP Morgan took the top spot in GlobalData’s recently released global league table of top 20 M&A financial advisers.
Morgan Stanley occupied the second position with 12 transactions worth $25.3bn, followed by Rothschild & Co with 22 transactions worth $14.5bn.
GlobalData has published a top ten league table of financial advisers ranked according to the value of announced M&A deals globally. If the value remains the same for multiple advisers, deal volume is given weighting.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe construction sector saw a decline in the value of deals in Q1-Q3 2019 when compared with Q1-Q3 2018. The overall deal value plunged by 54.63% from US$ 324.87bn in Q1-Q3 2018 to US$147.38bn in Q1-Q3 2019. However, deal volume increased by 7.94% from 1,876 to 2,025.
GlobalData financial deals analyst Ravi Tokala says: “M&A activities in the construction sector continue to trend downward in Q1-Q3 2019 and almost all the top advisers by value advised less than 15 deals, except Rothschild & Co and JP Morgan, which managed to work on 22 and 19 deals, respectively. The absence of mega deals and less than 35 deals crossing $1bn value led to a major drop in overall deal value in the construction sector.”
Singapore-based Allen & Gledhill topped the list of top ten legal advisers by value with four deals worth $9.3bn. However, the company did not figure in the global league table of top 20 M&A legal advisers.
Clifford Chance, which stood at the second position with 12 deals worth $8.4bn in the sector table, was ranked 17th in the global league table.
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.