Shardul Amarchand Mangaldas (SAM) topped the Venture Intelligence League Table for Legal Advisors to M&A Transactions in Jan - Sep 2019 advising deals worth $13.9 Billion (across 35 qualifying deals). AZB & Partners ($11.3 Billion across 41 deals) and Cyril Amarchand Mangaldas (CAM) ($11.0 Billion across 30 deals) took the second and third spot respectively. L&L Partners ($9.2 Billion across 21 deals) and Khaitan & Co. ($8.0 Billion across 65 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.
SAM and AZB advised the GRUH Finance - Bandhan Bank merger and Brookfield's buyout of Pipeline Infrastructure from Reliance Industries. L&L Partners and SAM advised Bhushan Power and Steel takeover by JSW Steel. CAM, JSA and L&L Partners acted as legal advisors to the acquisition of Rural Electrification Corporation by Power Finance Corporation.
Among the largest deals in the latest quarter, CAM advised L&T IndInfravit Trust’s acquisition of Sadbhav Infrastructure’s assets. Khaitan & Co. and SAM advised Kalpataru Power in selling 3 transmission projects to CLP India. JSA advised the divestment by IndiaBulls of the remaining 50% stake in its commercial properties to Blackstone.
Among foreign firms, Chicago-based Baker McKenzie came on top advising 2 deals worth $1.9 Billion. New York-based Simpson Thacher & Bartlett came second advising 4 deals worth $1.6 Billion and Boston-based Goodwin Procter came third advising 3 deals worth $731 million.
The full league table can be viewed online at https://www.ventureintelligence.com/leagues.php
By Deal Volume
Khaitan & Co. topped the tables in terms of deal volume advising 65 deals, followed by AZB with 41 deals. SAM came in third place with 35 deals. CAM (30 deals) and J Sagar Associates (27 deals) took the fourth and fifth place respectively.
Among foreign firms, Simpson Thacher & Bartlett topped the table in terms of deal volume advising 4 deals during the period followed by Goodwin Procter in second place advising 3 deals. Baker McKenzie and Crawford Bayley shared the third spot advising 2 deals each.
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.