Goldman Sachs and Houlihan Lokey were the top mergers and acquisitions (M&A) financial advisers in the global automotive sector for 2020 by value and volume, respectively.
Goldman Sachs advised on six deals worth $12.4bn, which was the highest among all advisers. Meanwhile, Houlihan Lokey led in terms of volume, having advised on eight deals worth $218m. A total of 722 M&A deals were announced in the sector during 2020, marking a 1.5% increase over the 711 deals announced in 2019, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report,‘Global and Automotive M&A Report Financial Adviser League Tables 2020’, deal value decreased by 42.1% from $69bn in 2019 to $40bn in 2020.
Aurojyoti Bose, Lead Analyst at GlobalData, said: “Goldman Sachs was the only adviser that surpassed the $10bn mark during the COVID-19-hit 2020, and, interestingly, most of its peers failed to even touch $5bn in deal value. In fact, Houlihan Lokey, despite leading by volume, failed to reach the $1bn mark and resultantly did not find a place among the top ten advisers by value.
“Meanwhile, Goldman Sachs managed to advise on four billion-dollar deals worth greater than or equal to $1bn. It also occupied the third position in terms of volume.”
Bank of America occupied the second position in GlobalData’s ranking of financial advisers for M&As in the global automotive sector by value with four deals worth $7.1bn, followed by Rothschild & Co with five deals worth $3.9bn and PJT Partners with two deals worth $3.7bn.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataKPMG occupied the second position by volume with seven deals worth $97m followed by Goldman Sachs.
Note: GlobalData’s league table rankings is based on deal value. If value remains same for multiple advisers, deal volume is given weightage.
Note: GlobalData’s league table rankings is based on deal value. If value remains same for multiple advisers, deal volume is given weightage.