JP Morgan and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the power sector for the first half of 2024 by value and volume respectively, according to GlobalData’s latest league table.
JP Morgan secured the top spot in deal value, while Rothschild & Co led in deal volume, according to the deals database of GlobalData, the parent of Power Technology.
JP Morgan advised on deals worth $10.4bn, closely followed by Goldman Sachs, which advised on $10bn worth of transactions.
Rothschild & Co advised on deals totalling $8.9bn, with Barclays and Citi in the top five with $7bn and $6.5bn in completed advised deals respectively.
On the volume front, Rothschild & Co advised on 12 deals, outperforming Lazard, which took second place with 11.
Deloitte followed with eight deals. PwC and KPMG shared fourth position, with each advising on six transactions.
GlobalData lead analyst Aurojyoti Bose said: “JP Morgan was among the only two advisers to surpass $10bn in total deal value during H1 2024.
“It faced tough competition from Goldman Sachs for the top position by value. While JP Morgan managed to lead the table, Goldman Sachs missed the top position by a whisker.
“Rothschild & Co and Lazard were the only two advisers with double-digit deal volume during H1 2024. Apart from leading by volume, Rothschild & Co also occupied the third position by value during the review period.”
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 of the data, the company also seeks deal submissions from leading advisers.
