1. Goldman Sachs and Lazard top the financial advisers in the power sector for M&A deals in terms of deal value and volume respectively.
2. Goldman Sachs advised on transactions worth $6.3bn, securing the top position in deal value.
3. Lazard led in deal volume with eight transactions and secured the second spot in deal value with $3.4bn worth of deals.
Goldman Sachs and Lazard have been identified as the top financial advisers in the power sector’s mergers and acquisitions (M&A) landscape for the first quarter of 2024. Goldman Sachs led in deal value, advising transactions worth $6.3bn, while Lazard led in deal volume with eight transactions. Despite a drop in total deal value, Goldman Sachs retained its top position from the previous year. Lazard improved its ranking by deal volume compared to the previous year, moving from sixth to first position in Q1 2024.
HSBC followed closely behind in deal value, advising on transactions worth $3.2bn. Citi, Mizuho Financial Group, and Santander Group shared the fourth position in terms of deal value. In terms of deal volume, Rothschild & Co was the runner-up, matching KPMG’s volume. Guggenheim Partners and Goldman Sachs completed four and three deals in terms of volume, respectively.
GlobalData’s league tables are based on real-time tracking of company and advisory firm websites, with a dedicated team monitoring sources for detailed information on each deal. The company also seeks deal submissions from leading advisers to ensure robustness of the data. This provides valuable insights for businesses looking to stay ahead in the competitive landscape of M&A deals in the power sector.