JP Morgan leads GlobalData’s top 10 global M&A financial adviser league table in ICT sector for Q1 2019
JP Morgan held the top rank in the latest global mergers and acquisitions (M&A) league table of the top 10 financial advisers for the information and communication technology (ICT) sector based on a deal value in the first quarter 2019, according to GlobalData.
The New York-based financial institution took the top spot with a deal value of $71.2 billion for advising on 14 deals.
According to GlobalData, which tracks all M&A, private equity/venture capital and asset transaction activity around the world to compile the league table, Bank of America Merrill Lynch finished at a distant second position with nine deals worth $50.6 billion and Evercore Partners at third position with 10 deals worth a total of $43.4 billion.
The ICT sector witnessed a surge of 34.8% in deal value from $128.8 billion in Q1 2018 to $173.7 billion in Q1 2019. Deal volume also increased by 38.1% from 3,070 in Q1 2018 to 4,241 in Q1 2019.
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