Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in Europe in H1 2023, according to GlobalData’s latest league table.

The leading data and analytics company ranks advisers by the value and volume of M&A deals on which they advised.

According to its financial deals database, Rothschild & Co achieved its leading position in Europe, in terms of both deal volume and value, by advising on 102 deals worth $36.1bn in H1 2023.

“Rothschild & Co was the clear winner by both volume and value. This was the only firm in the region that managed to advise on more than 100 deals during H1 2023. It was also among the only two firms with total deal value surpassing $30bn,” said GlobalData lead analyst Aurojyoti Bose. “However, it was far ahead from the firm occupying the second position by value. Rothschild & Co advised on 12 deals valued more than $1bn.”

Goldman Sachs occupied the second position in terms of value, by advising on $30.8bn worth of deals, followed by HSBC with $23.7bn, Morgan Stanley with $21.7bn and Moelis & Company with $21.1bn.

Runners-up in terms of volume were PwC with 80 deals, followed by KPMG with 74 deals, Ernst & Young with 63 deals, and Clearwater International with 54 deals.

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.