M&A top 10 global financial advisers by deal value

JP Morgan leads GlobalData’s top 10 global M&A financial adviser league table in ICT sector for Q1 2019

M&A top 10 global financial advisers by deal value. Source: shutterstock.com

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.

With technology becoming a key differentiator for businesses, the ICT sector is witnessing a surge in the amount of strategic investments. The growth trend is clearly visible in the sector’s deal value and volume in Q1 2019 as compared with the same quarter last year. JP Morgan and Bank of America Merrill Lynch advised on more than $50 billion deals in the sector, hinting business opportunities the sector holds for advisors
Prakhar Baghmar, Financial Deals Analyst at GlobalData

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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