Skip to main content

EY tops League Table for Transaction Advisors to Private Equity deals in 2018

Avendus, JP Morgan claim the No.2 & No.3 slots; PwC claims top spot including other advisory services

EY topped the Venture Intelligence League Table for Transaction Advisor to Private Equity Transactions in 2018. EY advised PE deals worth $4.9 Billion (across 17 qualifying deals) during the period. Avendus ($2.9 Billion across 18 deals) and JP Morgan ($2.2 Billion across 2 deals) took the second and third spot. Barclays ($2 Billion across 3 deals) and KPMG ($1.7 Billion across 7 deals) completed the top five in 2018.

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.

EY advised deals during the year include Macquarie's $1.5 Billion investment in NHAI Toll-Operate-Transfer (TOT) Bundle and Blackstone's investment in Indiabulls' commercial assets in Mumbai. Avendus advised deals include the Naspers-led $1 Billion round in food delivery company Swiggy and Temasek's $250 million investment in IT Services firm UST Global. JP Morgan advised deals include the $1.2 Billion infusion by Abu Dhabi Investment Authority and TPG in UPL Limited and SoftBank's $1 Billion investment in Oyo Rooms.

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


By Deal Volume

Unitus Capital topped the tables in terms of deal volume with 26 deals during the year followed by Avendus. EY took the third place advising 17 deals. Creedcap Asia (with 14 deals) and IndigoEdge (with 13 deals) occupied the fourth and fifth place respectively.

Including Due Diligence, Tax & Other Advisory Services

Inclusive of its roles in due diligence and related advisory activities, PwC topped the tables advising deals with a value tag of $24.6 Billion (across a total of 82 qualifying deals) during 2018. EY followed closely advising deals worth $24.2 Billion. Deloitte took the third spot with $3.3 Billion (across 39 qualifying deals). KPMG ($3.2 Billion) and Avendus took the the fourth and fifth spots respectively.

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

To showcase your firms' transactions in the League Tables, mail Vanathi at

Images for Top Rankings



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.

Popular posts from this blog

VC Interview: Shailendra Singh of Sequoia Capital India

In a recent interview to Venture Intelligence, Shailendra Singh discussed some of the firm’s newer investments in the early stage segment including in the online payments space, the progress at a few existing portfolio companies and the active role the firm is playing in helping its portfolio companies scale and succeed in India and globally. Prior to joining the firm in 2006, Singh was a strategy consultant at Bain & Company in New York and before that, an entrepreneur in the digital media industry.

Venture Intelligence: How does Sequoia go about identifying potential early stage investments in India? Is there anything different you are doing today than, say, a couple of years back?

Shailendra Singh: There is a lot more focus on technology investing and early stage investing. In general, as you might remember a few years ago, we were doing primarily growth investing but in the past 18-odd months, we have had a very strong focus on early stage and that’s continuing. In terms of how…

PE investments in 2018 crosses $33-B to set new all-time high

Big Ticket investments in consumer apps Swiggy & Byju’s dominates year-end activity, even as investments in Core Sectors slow down
Private Equity (PE) investments in India rose to their highest ever figure of $33.1 billion in 2018 (across 720 transactions), according to data from Venture Intelligence (http://www.ventureintelligence.com), a research service focused on private company financials, transactions and their valuations. While PE investments have already surpassed the previous high - $24.3 Billion across 734 deals in 2017 - in the first nine months of 2018, the mega investments in Consumer Internet & Mobile startups such as Swiggy and Byjus towards the year-end, helped the 2018 total vault by 36% year-on-year. (Note: These figures include Venture Capital investments, but exclude PE investments in Real Estate.) The year witnessed 81 PE investments worth $100 million or more (accounting for 77% of the total investment value during the period), compared to 47 such transac…

KPMG Tops League Table for Financial Advisor to Private Equity Transactions in H1 2018

The transaction advisory unit of KPMG claimed the top position in the Venture Intelligence League Table for Transaction Advisor to Private Equity deals in the first half of 2018, advising deals worth $1.7 Billion. KPMG acted as the financial advisor to NHAI in the $1.5 Billion investment by Macquarie to operate 9 highway projects under the toll-operate-transfer (TOT) model. Ernst &  Young (which advised the $730 million asset sale by Indiabulls Real Estate to Blackstone) and Kotak (which advised the Vishal Megamart - Partners Group deal) accounted for the second and third spots 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.
Arpwood Capital (which advised the $760 million investment by Temasek in the $2.1 Billion Schneider Electric buyout of L&;T Electrical and Automation business) …