ALMT Legal and Desai & Diwanji topped the Venture Intelligence League Tables as the Most Active Legal Advisors for Private Equity and M&A deals respectively in 2009. Ernst & Young topped the League Tables as the Most Active Transaction Advisor (PE and M&A combined) for the year.
For PE deals, Ernst & Young was tied with boutique investment banks MAPE and o3 Capital for the first position (with 5 deals each). On the M&A front, E&Y, which topped with 7 deals, was followed by MAPE (6 deals) and Kotak and Avendus Capital (with 5 deals each). Among Legal Advisors for PE transactions, ALMT (with 21 transactions to its credit for the year), was followed by AZB & Partners (12) and Khaitan & Co. (10). In the League Table for Legal Advisors for M&A transactions, Desai & Diwanji (with 17 transactions), was followed by AZB & Partners and Khaitan & Co. (with 15 deals each).
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on volume of PE and M&A transactions advised by Transaction and Legal Advisory firms during the calendar year. The detailed version of the League Tables can be viewed online on the Venture Intelligence web site at http://ventureintelligence.in/league.htm
“Given the extraordinarily tough environment for deal making in 2009, advisory firms that made it to the League Tables for the year can be credited for their deep client relationships and market awareness,” said Arun Natarajan, CEO of Venture Intelligence. Going forward, Venture Intelligence plans to update its League Tables each quarter, he added.