GlobalData, a leading data and analytics company, has revealed its global league tables for top 10 financial advisers in construction sector by value and volume for Q1-Q3 2021 in its report, ‘Global and Construction M&A Report Financial Adviser League Tables Q1-Q3 2021’.
According to GlobalData’s M&A report, a total of 3,001 merger and acquisition (M&A) deals were announced in the sector during Q1-Q3 2021, while deal value for the sector increased by 135.6% from $180bn during Q1-Q3 2020 to $424bn during Q1-Q3 2021.
Top advisers by value and volume
JP Morgan and Rothschild & Co emerged as the top M&A financial advisers in the sector for Q1-Q3 2021 by value and volume, respectively.
JP Morgan advised on 27 deals worth $114.2bn, while Rothschild & Co advised on 34 deals worth $22.7bn.
GlobalData lead analyst Aurojyoti Bose said: “Rothschild & Co was the only firm that managed to advise on more than 30 deals during Q1-Q3 2021. However, it lagged behind in terms of value due to its involvement in low-value transactions and did not even feature among the top ten by value.
“In contrast, JP Morgan, apart from leading by value, also managed to occupy the second position by volume. It was also the only firm to cross the $100bn mark, thereby outpacing its peers by a great margin in terms of value. JP Morgan advised on 15 billion-dollar deals (valued more than or equal to $1bn), of which three were mega deals valued more than $10bn. Meanwhile, Rothschild & Co advised on seven billion-dollar deals.”
Morgan Stanley took the second spot in terms of value with 17 deals worth $89.7bn. It was followed by Goldman Sachs with 21 deals worth $85.9bn, Bank of America with 12 deals worth $66.2bn and Citi with 16 deals worth $52.7bn.
JP Morgan got the second position in the volume chart. It was followed by Goldman Sachs. KPMG took the fourth position by volume with 19 deals worth $3.5bn, followed by PwC with 19 deals worth $2bn.
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.