Cleary Gottlieb Steen & Hamilton and White & Case were the top M&A legal advisers in the automotive sector in Q1-Q3 2023, according to GlobalData’s ranking of leading M&A advisers.
Cleary Gottlieb Steen & Hamilton topped the charts when measuring the value of deals, advising on $2bn worth of deals during the period, while White & Case advised on the most transactions with a total of five deals.
“White & Case witnessed growth in the number of deals advised by it during Q1-Q3 2023 compared to Q1-Q3 2022. It’s ranking by volume also improved from 19th place in Q1-Q3 2022 to the top position in Q1-Q3 2023,” said GlobalData lead analyst Aurojyoti Bose.
“Similarly, Cleary Gottlieb Steen & Hamilton also registered a massive jump in the total value of deals advised by it, and resultantly, its ranking by value also improved significantly in Q1-Q3 2023 compared to Q1-Q3 2022.”
An analysis of GlobalData’s Financial Deals Database reveals that Sullivan & Cromwell came second in terms of value, by advising on $1.3bn worth of deals, followed by Gleiss Lutz and Galicia Abogados with $1.1bn each, and Clifford Chance with $700m.
Runners-up when measured by number of transactions were Kirkland & Ellis and Jones Day with four deals each, followed by Advokatfirman Vinge, CMS and Latham & Watkins with three deals each.
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.
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 formBy 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.