Goldman Sachs and Rothschild & Co were the top M&A financial advisers in the consumer sector in Q1-Q3 2023, according to GlobalData’s ranking of leading M&A advisers.

Goldman Sachs topped the charts when measuring the value of deals, advising on $21bn worth of deals during the period, while Rothschild advised on the most transactions with a total of 25 deals.

“Rothschild & Co was the only adviser with more than 20 deals during Q1-Q3 2023. Apart from leading by volume, it also occupied the ninth position by value,” said GlobalData lead analyst Aurojyoti Bose.

“Meanwhile, Goldman Sachs, which was the top adviser by value during Q1-Q3 2022, managed to retain its leadership position by this metric during Q1-Q3 2023 as well. In fact, it was the only adviser to surpass $20bn in total deal value during Q1-Q3 2023. Apart from leading by value, it also occupied the seventh position by volume.”

Evercore came second in terms of value by advising on $14.2bn worth of deals, followed by Bank of America with $10.8bn, Morgan Stanley with $10.4bn, and Citi with $10.2bn.

KPMG was second when looking at the number of transactions by advising on 14 deals, followed by Houlihan Lokey with 12 deals, PwC with 12 deals, and Ernst & Young with 11 deals.

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By GlobalData

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.

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