SBI Caps, Kotak take no.2 and no.3 slots; EY tops inclusive of due diligence services
Citi topped the Venture Intelligence League Tables for Transaction Advisor to M&A deals in Q1 2018 advising M&A deals worth $6.1 billion (across two deals) followed by SBI Caps ($5.7 billion across one deal) and Kotak ($2.6 billion across two deals). Standard Chartered Bank ($2.2 billion across 2 deals) and Allegro Advisors ($1.9 billion across 3 deals) came in at fourth and fifth respectively.
Ernst & Young and KPMG topped the tables by deal volume advising 4 deals, followed by Allegro Advisors with 3 deals.
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.
Inclusive of its roles in due diligence and related advisory activities, Ernst & Young topped the League Table advising 9 M&A deals worth $8.9 billion.
Top Deals
Citi and SBI Caps advised the HPCL - ONGC merger. Allegro Advisors, Goldman Sachs, Kotak and Standard Chartered Bank advised the Fortis - Manipal Hospitals merger.
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.