Arpwood Capital topped the Venture Intelligence League Table for Financial Advisors to M&A Deals for Jan - Sep 2019, advising M&A deals worth $4.1 Billion (across 5 qualifying deals). Ambit Corporate Finance ($3.4 Billion across 5 deals) and Deloitte ($2.9 Billion across 9 deals) took the second and third spot respectively. Ernst & Young ($2.8 Billion across 10 deals) and KPMG ($2.2 Billion across 8 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 Arpwood Capital was the merger between GRUH Finance and Bandhan Bank worth $3 Billion. Ambit Corporate Finance advised Brookfield's $1.9 Billion buyout of Pipeline Infrastructure from Reliance Industries. Deloitte advised the acquisition of Rural Electrification Corporation by Power Finance Corporation.
Among the largest deals in the latest quarter, Ambit Corporate Finance, Morgan Stanley and Deloitte (Due Diligence) advised L&T IndInfravit Trust’s acquisition of Sadbhav Infrastructure’s assets. Alvarez & Marsal, JM Financial and Arpwood Capital advised Japan's Orix Corporation acquisition of IL&FS' seven wind energy projects. Ernst & Young advised Kalpataru Power in selling 3 transmission projects to CLP India.
The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php.
By Deal Volume
Ernst & Young topped the table in terms of deal volume with 10 deals. Deloitte took the second spot advising 9 deals. KPMG occupied the third spot with 8 deals followed by Singhi Advisors with 7 deals in fourth place. Ambit Corporate Finance, Arpwood, RBSA Advisors, Avendus and Transaction Square shared the fifth spot with 5 deals each.
Including Due Diligence, Tax & Other Advisory Services
Inclusive of its roles in due diligence and related advisory activities, RBSA Advisors topped the table with value of $6.9 Billion (across 14 qualifying deals). Deloitte took the second place with $6 Billion (across 22 deals). Arpwood Capital stood third with $4.1 Billion (across 5 deals). This was followed by BDO India ($3.9 Billion across 15 deals) and Ambit Corporate Finance ($3.4 Billion across 5 deals) in fourth and fifth place respectively.
By deal volume, Deloitte stood first with 22 deals. BDO India came second advising 15 deals followed by RBSA Advisors in third with 14 deals. Transaction Square (12 deals) and Ernst & Young (11 deals) completed the top five.
The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php
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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.