Mergermarket names top European M&A advisers of 2018

London, United Kingdom, 7th December 2018Mergermarket, leading provider of M&A data and intelligence, announced the winners of the 2018 European M&A Awards last night at a gala dinner at Banqueting House in London. The judging panel named 42 winners in financial and legal advisory from the region. The rigorous judging process included an analysis of Mergermarket’s market-leading league tables followed by a shortlist announcement and scrutiny by a panel of expert judges.

 

 

John West, Managing Editor EMEA at Mergermarket and member of the judging panel commented on the 2018 European M&A landscape: Brexit is just one of a series of geopolitical obstacles that have made 2018 a challenging year for dealmakers: North Korean tensions; the ongoing war of words between President Trump and China over trade; the tense situation in Ukraine; the election of an untested populist coalition in Italy and its confrontation with the European Commission; and the beginning of the end of the Merkel era. 

 

 

It is a testament to European dealmaking expertise that as the landscape has become significantly more volatile, M&A values and volumes have kept pace with a record 2017. European M&A is on course to hit its highest annual value since the crisis spurred by a robust H1, which saw Shire and Sky announce their takeovers by Takeda (valued at £58.90bn) and Comcast (valued at £36.91bn), respectively. In line with global trends, the second half of 2018 has been comparatively subdued as increasing protectionism and political headwinds continue to plague dealmakers.”

 

 

M&A advisers:

In both France and the Benelux region, Lazard won financial adviser of the year for its work on AkzoNobel’s sale of its Speciality Chemicals business and the challenging acquisition of Gemalto by Thales.

 

 

Allen & Overy picked up the mid-market legal adviser award recognising its achievement of the highest deal value (£10bn) and volume (64 deals) of the year in the category.

 

 

Private equity:

EY took home the prize for private equity financial adviser of 2018 having worked tirelessly with Clayton, Dubilier & Rice, LLC on its 40% acquisition of Belron International Limited.

 

Latham & Watkins was awarded private equity legal adviser courtesy of its continuing to deepen its relationship with many leading European private equity firms, advising eight of the market’s top ten most active firms, including The Carlyle Group, Kohlberg Kravis Roberts & Co, Blackstone and Warburg Pincus.

 

 

Deal of the Year:

In an audience vote on the evening, the acquisition of Sky by Comcast was crowned the European M&A Deal of the Year. The US cable giant Comcast outbid Rupert Murdoch’s Fox in a rare blind auction process for British broadcaster Sky in October of this year. Comcast had separately entered a bid war over the summer with Walt Disney Company for the majority of assets for Fox, but Disney prevailed reaching a $71.3bn deal that includes Fox’s 39% stake in Sky. In July, Fox raised its offer for Sky to £24.5bn then was trumped by Comcast’s £26bn offer for the UK company.

 

 

Winners: 

European M&A Financial Adviser of the Year – Goldman Sachs

European Mid-Market M&A Financial Adviser of the Year – Rothschild

European Private Equity Financial Adviser of the Year – EY

Accountancy Firm of the Year – EY

European M&A Legal Adviser of the Year – Linklaters

European Mid-Market M&A Legal Adviser of the Year – Allen & Overy

European Private Equity Legal Adviser of the Year – Latham & Watkins

 

M&A Financial Advisory Country Awards:

Austria M&A Financial Adviser of the Year - Deloitte

Baltics M&A Financial Adviser of the Year - Porta Finance & Rothschild

Benelux M&A Financial Adviser of the Year - Lazard

Central & Eastern Europe M&A Financial Adviser of the Year - BNP Paribas

Denmark M&A Financial Adviser of the Year - Nordea

Finland M&A Financial Adviser of the Year - MCF Corporate Finance

France M&A Financial Adviser of the Year - Lazard

Germany M&A Financial Adviser of the Year - Lincoln International

Ireland M&A Financial Adviser of the Year - IBI Corporate Finance

Israel M&A Financial Adviser of the Year - Bank of America Merrill Lynch

Italy M&A Financial Adviser of the Year - Mediobanca

Norway M&A Financial Adviser of the Year - Pareto Securities

Spain M&A Financial Adviser of the Year - Societe Generale

Sweden M&A Legal Adviser of the Year - Deutsche Bank

Switzerland M&A Financial Adviser of the Year - Bank of America Merrill Lynch

Turkey M&A Financial Adviser of the Year - Citi  

United Kingdom M&A Financial Adviser of the Year - PwC

 

Legal Advisory Country Awards:

Austria M&A Legal Adviser of the Year - Schoenherr

Baltics M&A Legal Adviser of the Year - Ellex

Benelux M&A Legal Adviser of the Year - Stibbe

Central & Eastern Europe M&A Legal Adviser of the Year - CMS

Denmark M&A Legal Adviser of the Year - Clifford Chance

Finland M&A Legal Adviser of the Year - Dittmar & Indrenius

France M&A Legal Adviser of the Year - Clifford Chance

Germany M&A Legal Adviser of the Year - CMS

Ireland M&A Legal Adviser of the Year - Arthur Cox

Israel M&A Legal Adviser of the Year - Naschitz Brandes Amir & Co

Italy M&A Legal Adviser of the Year - Gianni, Origoni, Grippo Cappelli & Partners

Norway M&A Legal Adviser of the Year - BAHR

Spain M&A Legal Adviser of the Year - Garrigues

Sweden M&A Legal Adviser of the Year - Vinge

Switzerland M&A Legal Adviser of the Year - Baer & Karrer

Turkey M&A Legal Adviser of the Year - Paksoy Attorneys at Law

United Kingdom M&A Legal Adviser of the Year - Freshfields Bruckhaus Deringer