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Ambit Corporate tops League Table for Transaction Advisors to M&A deals in Q1 2019

Ambit Corporate Finance topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals in Q1'19. Ambit advised M&A deals worth $2.4 Billion (across 4 qualifying deals) during the period. Deloitte ($2.1 Billion across 4 deals) and RBSA Advisors ($1.3 Billion across 2 deals) took the second and third spot. JM Financial (which advised Brookfield's $577 million acquisition of assets from Hotel Leelaventure) and KPMG ($554 million across 3 deals) completed the top five.


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.

The largest deal advised by Ambit was Brookfield's $1.9 Billion buyout of Pipeline Infrastructure from Reliance Industries. It also advised Cube Highways' (a road platform owned by I Squared Capital and IFC) $520 million acquisition of Delhi-Agra Toll Road from Reliance Infrastructure (part of Reliance ADAG).

Deloitte acted as advisor to Power Finance Corporation's merger with Rural Electrification Corporation and Lactalis' acquisition of Prabhat Dairy's milk processing business for $238 million.


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

By Deal Volume

Ambit and Deloitte shared the top spot on tables in terms of deal volume with 4 deals each. EY and KPMG shared the second place advising 3 deals each. RBSA Advisors, DCS Advisory (earlier Signal Hill) and Equirus Capital occupied the third place with 2 deals each.


Including Due Diligence, Tax & Other Advisory Services

Inclusive of its roles in due diligence and related advisory activities, RBSA Advisors topped the tables advising deals with a value tag of $3.4 Billion (across 3 qualifying deals). Deloitte took the second place advising 8 deals worth $2.8 Billion. Ambit stood third followed by SBI Caps (2 deals worth $2.2 Billion) in fourth place. BDO India (4 deals worth $1.8 Billion) completed the top five.


By deal volume, Deloitte stood first with 8 deals. Four firms - Ambit, BDO India, KPMG and EY -shared the second place with 4 deals each.


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

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.

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