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KPMG tops League Table for Transaction Advisors to M&A deals in Q1 2020

Advising deals worth $918 million, KPMG topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals for the quarter ending March 2020. Arpwood Capital took the second place with $770 million followed by Ernst & Young with $571 million. RBSA Advisors ($530 million) and Ambit Corporate Finance ($297 million) 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.

KPMG advised the takeover of distressed RattanIndia Power by a consortium of investors for $568 million. Arpwood Capital advised Nuvoco Vistas’ $770 million acquisition of Emami Cement. Ernst & Young advised Zomato's acquisition of Uber Eats. RBSA Advisors advised NTPC’s acquisition of NEEPCO and Ambit Corporate Finance advised Siemens acquisition of C&S Electric.

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 3 deals. EY was followed by Ambit Corporate Finance, KPMG, SA Global Advisors, Transaction Square, Singhi Advisors, and Candle Partners in second place with 2 deals each.

Including Other Advisory Services

Inclusive of its roles in due diligence and related advisory activities, RBSA Advisors topped the tables with $5.3 Billion (across 9 qualifying deals). Deloitte took the second place with $966 million (across 3 deals). KPMG followed closely with $918 million (across 2 deals). This was followed by Arpwood ($770 million) and Transaction Square ($723 million across 5 deals) in fourth and fifth place respectively.

With 9 deals, RBSA also stood first by deal volume. Transaction Square came in second advising 5 deals, followed by BDO India in third place with 4 deals.


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

To showcase your firms' transactions in the 2020 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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