UBS and Lazard were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first half (H1) of 2024 by value and volume, respectively, according to the latest Financial Advisers League Table by GlobalData, a leading data and analytics company.
An analysis of GlobalData’s Deals Database has revealed that UBS achieved its leading position in terms of value by advising on $690.2 million worth of deals. Meanwhile, Lazard led in terms of volume by advising on a total of four deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Lazard registered an improvement in deals volume as well as its ranking by this metric in H1 2024 compared to H1 2023. Its ranking by volume improved from seventh position in H1 2023 to the top position in H1 2024. Interestingly, in the volume ranking table, Lazard is followed by UBS, which also held the top position by value.”
Houlihan Lokey occupied the second position in terms of value, by advising on $405.1 million worth of deals, followed by Robert W. Baird & Co. with $405.1 million, whereas Citi and Morgan Stanley jointly occupied the fourth position with each of them on a deal worth $394.2 million.
Meanwhile, UBS occupied the second position in terms of volume with three deals, followed by Houlihan Lokey with two deals, Goldman Sachs with two deals, and Deloitte with two deals.
“UBS and Lazard top M&A financial advisers in automotive sector in H1 2024, reveals GlobalData” was originally created and published by Just Auto, a GlobalData owned brand.
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