Knowledge Partners


 Basiz Fund Service    Economic Laws Practice    Avalon Consulting  

 Spark Capital    Tatva Legal   

July 25, 2016

StanChart tops Transaction Advisor League Tables for M&A deals in H1 2016



Standard Chartered Bank topped the Venture Intelligence League Tables for Transaction Advisor to M&A transactions for H1 2016 advising M&A deals worth $2,844 million (across 2 qualifying deals) followed by Barclays and JM Financial ($1,370 million across one deal each) and Axis Capital ($922 million across four deals).

Standard Chartered Bank advised M&A deals during the year were the $2,380 million acquisition of Jaiprakash Associates’ cement plants by UltraTech Cement and the $464 million acquisition of Tata Communication Data Centres by Singapore Technologies Telemedia. Barclays and JM Financial advised the $1,370 million acquisition of Welspun Renewable Energy by Tata Power. Axis Capital advised M&A deals in H1 2016 were the $706 million acquisition Reliance infra’s cement subsidiary by Birla Corporation and the $140 million buyout of NBFC firm AU Housing Finance by Kedaara Capital and Partners Group.

Inclusive of its roles in related advisory activities (Due Diligence, Fairness Opinion), JM Financial topped the League Tables for Transaction Advisor for M&A in H1 2016, advising two deals with a value tag of $3,750 million. JM Financial was followed by Ernst & Young (14 deals worth $3,454 million). M&A deals advised by E&Y during the period included the $85 million acquisition of Western UP Tollway by I Squared Capital.

KPMG topped the table in terms of deal volume advising 5 deals worth $352 million (including the $300 million investment by Tenaga Nasional Berhad in a portfolio assets operated by GMR Energy) . Inclusive of its role in due diligence and related advisory activities, KPMG advised 7 deals with a value tag of $2,174 million. KPMG was followed by Axis Capital and E&Y both sharing the second place, in terms quantum of deals advised.

New Entrants to the Venture Intelligence M&A table for Legal Advisors during H1 2016 include BDA Partners, The RainMaker Group and Acumen Financial Consultancy.

The full league tables can be viewed online at http://www.ventureintelligence.com/leagues.php

Venture Intelligence is India's longest serving provider of data and analysis on Private Company Financials, Transactions (private equity, venture capital and M&A) & their Valuations in India.