GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in Europe for Q1 2021 in its report, Global and Europe M&A Report Financial Adviser League Tables Q1 2021.

According to GlobalData’s M&A report, a total of 2,760 M&A deals were announced in the region during Q1 2021. The deal value grew by 6.1% from $230bn in Q1 2020 to $244bn in Q1 2021 in the region.

Top Adviser by Value and Volume

Citi and Rothschild & Co emerged as the top mergers and acquisitions (M&A) financial advisers in Europe for Q1 2021 in terms of value and volume, respectively.

Citi advised on 14 deals valued at $59.5bn, which was the highest value among all the advisers. Rothschild & Co led in volume terms having advised on 48 deals worth $11.3bn.

GlobalData lead analyst Aurojyoti Bose said: “Rothschild & Co held the top spot in terms of deal volume but lagged behind many of its peers in terms of deal value. Surprisingly, it also did not feature among the top 10 advisors by value.

“Meanwhile, Citi, which advised on much lesser number of deals and did not even feature among the top 10 advisors by volume, managed to top the list by value due to the involvement in big ticket deals. The firm advised on seven billion-dollar deals (deals worth greater than or equal to $1bn), which also included two megadeals valued more than $10bn.”

JP Morgan took the second position in terms of value with 29 deals worth $52.4bn followed by Morgan Stanley with 14 deals valued at $50.2bn and Goldman Sachs with 23 deals worth $41.7bn.

PwC occupied the second spot in terms of volume with 44 deals worth $12.1bn followed by KPMG with 43 deals worth $8.5bn and Ernst & Young with 43 deals worth $2.4bn.

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