GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in South & Central America for 2020 in its report, Global and South Central America M&A Review & Financial Adviser League tables 2020’.
According to GlobalData’s M&A report, a total 997 M&A deals were announced in the region during 2020, marking a 22.2% decrease over the 1,282 deals announced in 2019. The deal value decreased by 30.3% from $99bn in 2019 to $69bn in 2020.
Top Advisers by Value and Volume
Goldman Sachs and Itau Unibanco were the top mergers and acquisitions (M&A) financial advisers in South & Central America for 2020 by value and volume, respectively. Goldman Sachs advised on ten deals worth $9.6bn, which was the highest among all advisers. Meanwhile, Itau Unibanco led in volume terms having advised on 12 deals worth $7.1bn.
GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs and Itau Unibanco were among the only three advisors (the other being BR Partners) to touch double-digit deal volume during 2020 and occupied the top spots by volume. Moreover, there was also close competition for the top spot by value – as all these three firms managed to advise on some billion-dollar deals valued more than or equal to $1bn.
“While Itau Unibanco and BR Partners advised on three billion-dollar deals, Goldman Sachs was able to advise on four such deals, which helped it snatch the top spot by value.”
Bank of America occupied the fourth position in GlobalData’s ranking of financial advisers for M&As in South & Central America by value and volume with eight deals worth $6.4bn.
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.