UBS and PwC were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first half (H1) of 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised.
Based on its Financial Deals Database, the leading data and analytics company has revealed that UBS achieved its leading position in terms of value by advising on $15.1 billion worth of deals. Meanwhile, PwC led in terms of volume by advising on a total of three deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “UBS saw its ranking by value improve from 14th position in H1 2022 to the top position in H1 2023. It was the clear winner by value, outpacing its peers by a significant margin by this metric. UBS was the only firm to surpass the $10 billion mark in total deal value in H1 2023, while other advisers were not able to reach at least $1 billion in total deal value.
“Meanwhile, PwC, which was the top adviser by volume in H1 2022, managed to retain its leadership position by this metric in H1 2023.”
An analysis of GlobalData’s Financial Deals Database reveals that Rothschild & Co occupied the second position in terms of value, by advising on $651 million worth of deals, followed by EF Hutton Financial Corp. with $225 million, Nomura with $166 million and Lazard with $149 million.
Meanwhile, Stifel/KBW occupied the second position in terms of volume with three deals, followed by Rothschild & Co with two deals, EF Hutton Financial Corp. with two deals, and Yunxiu Capital with two deals.
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 of deals from leading advisers.