Houlihan Lokey was the top mergers and acquisitions (M&A) financial adviser in the automotive sector during 2024 by both value and volume, according to the latest league table from GlobalData, the parent company of Just Auto.

An analysis of GlobalData’s Deals Database has revealed that Houlihan Lokey achieved the leading position by advising on four deals worth $2.1bn.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

In terms of value, Evercore occupied the second position by advising on $1.9bn worth of deals, followed by Citi with $1.7bn, UBS with $1.6bn and Lazard with $1.3bn.

Meanwhile, UBS occupied the second position in terms of volume with four deals, followed by Lazard with four deals, Deloitte with four deals and Stifel/KBW with four deals.

GlobalData lead analyst Aurojyoti Bose said: “Houlihan Lokey registered improvement in the total number of deals advised by it as well as total deal value in 2024 compared to the previous year.

“Resultantly, it went ahead from occupying the 15th position by value in 2023 to top the chart by this metric in 2024.

“Similarly, its ranking by volume also improved from the fifth position in 2023 to the top position in 2024.”

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.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact