CAM, SAM take no.2 and no.3 slots; AZB tops by deal volume followed by KCO
AZB & Partners topped the Venture Intelligence League Tables for Legal Advisors to M&A deals in Q1 2018 advising M&A deals worth $11.6 billion (across 17 deals) followed by Cyril Amarchand Mangaldas ($9.4 billion across 10 deals) and Shardul Amarchand Mangaldas ($8.5 billion across 12 deals). Trilegal ($3 billion across 5 deals) and Khaitan & Co. ($2.2 billion across 16 deals) came in at fourth and fifth respectively.
The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on value of PE and M&A transactions advised by Transaction and Legal Advisory firms.
AZB topped the tables by deal volume with 17 deals, followed by Khaitan & Co. with 16 deals at second place. SAM took the third spot with 12 deals.
The top three firms acted as legal advisors to the HPCL - ONGC merger. AZB and CAM also served as advisors to the Fortis and Manipal Hospitals merger.