05/09/2018 – News / Finance / Consumer Industry / Goldman Sachs / US

Goldman Sachs tops ranking of global M&A financial advisers in Consumer Industries

Goldman Sachs has emerged as the top financial adviser for the consumer industry in the latest mergers and acquisitions (M&A) league table for Q2 2018, compiled by data analytics company GlobalData.

 

The American investment bank held an edge over other advisers – both in terms of value and volume – with US$37.3bn and 19 deals respectively, for the quarter. In terms of value, Morgan Stanley closely followed with nine deals worth US$35.6bn.

 

According to GlobalData, which uses its tracking of all merger and acquisition, private equity/venture capital and asset transaction activity globally to compile the league table, Evercore Partner finished third in the league table, with five deals carrying a total value of US$18.8bn.

Goldman Sachs has emerged as the top financial adviser for the consumer industry in the latest mergers and acquisitions (M&A) league table for Q2 2018, compiled by data analytics company GlobalData.

 

The American investment bank held an edge over other advisers – both in terms of value and volume – with US$37.3bn and 19 deals respectively, for the quarter. In terms of value, Morgan Stanley closely followed with nine deals worth US$35.6bn.

 

According to GlobalData, which uses its tracking of all merger and acquisition, private equity/venture capital and asset transaction activity globally to compile the league table, Evercore Partner finished third in the league table, with five deals carrying a total value of US$18.8bn.

Goldman Sachs has emerged as the top financial adviser for the consumer industry in the latest mergers and acquisitions (M&A) league table for Q2 2018, compiled by data analytics company GlobalData.

 

The American investment bank held an edge over other advisers – both in terms of value and volume – with US$37.3bn and 19 deals respectively, for the quarter. In terms of value, Morgan Stanley closely followed with nine deals worth US$35.6bn.

 

According to GlobalData, which uses its tracking of all merger and acquisition, private equity/venture capital and asset transaction activity globally to compile the league table, Evercore Partner finished third in the league table, with five deals carrying a total value of US$18.8bn.

All the six firms that advised on the industry’s biggest high-value deal for the quarter – American packaged foods giant Conagra Brands’ acquisition of US meat and poultry processor Pinnacle Foods for US$10.9bn – made it into the top 10 list, with five of them capturing the first half of the table.

 

“Despite advising on all the three top deals of the industry in the quarter, Morgan Stanley couldn’t make it to the top, as Goldman Sachs grabbed a higher number of small ticket transactions alongside the top deals,” noted Prakhar Baghmar, Financial Deals Analyst at GlobalData.

 

The total global consumer deals market has experienced a quantum leap in value year-on-year, but only a marginal rise in volumes. Deal value shot up by a massive 151.33 per cent to US$122.4bn in Q2 2018 compared to US$48.7bn in Q2 2017. Meanwhile, volumes only edged up from 676 to 695 year-on-year.

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