Hogan Lovells and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the construction sector during the first half (H1) of 2023 by value and volume, respectively, according to the latest legal advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that Hogan Lovells achieved its leading position in terms of value by advising on $28.4 billion worth of deals. Meanwhile, Kirkland & Ellis led in terms of volume by advising on a total of 11 deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Hogan Lovells registered 9.2% growth in total value of deals in H1 2023 compared to 2022. Hogan Lovells went ahead from occupying the 10th position by value in H1 2022 to top the chart by this metric in H1 2023. It was also among the only two advisers with more than $25 billion in total deal value in H1 2023. Meanwhile, Kirkland & Ellis was among the only two advisers with double-digit deal volume in H1 2023.”

CMS occupied the second position in terms of volume with 11 deals, followed by White & Case with eight deals, AZB & Partners with eight deals, and Paul, Weiss, Rifkind, Wharton & Garrison with six deals.

Meanwhile, Quinn Emanuel Urquhart & SullivanLLP occupied the second position in terms of value, by advising on $27 billion worth of deals, followed by  Latham & Watkins with $18.5 billion, Cravath Swaine & Moore with $17.2 billion, and Morrison & Foerster with $16.4 billion.

Financial Advisers

JP Morgan, PwC top M&A financial advisers by value, volume in construction sector in H1 2023

JP Morgan and PwC were the top mergers and acquisitions (M&A) financial advisers in the construction sector during the first half (H1) of 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, a leading data and analytics company.

An analysis of GlobalData’s Financial Deals Database reveals that JP Morgan achieved its leading position in terms of value by advising on $33.4 billion worth of deals. Meanwhile, PwC led in terms of volume by advising on a total of nine deals.

Aurojyoti Bose, Lead Analyst at GlobalData, comments: “JP Morgan was the top adviser in value in H1 2022 and was also able to retain its leadership position by this metric in H1 2023. Moreover, JP Morgan left behind its peers by a significant margin in terms of value as it was the only adviser to surpass $30 billion in total deal value during H1 2023. The firm advised on four billion-dollar deals* in, which also included two mega deals valued more than $10 billion.

“Meanwhile, PwC witnessed its ranking by volume improve from fifth position in H1 2022 to the top position by this metric in H1 2023.”

Citi occupied the second position in terms of value, by advising on $19.3 billion worth of deals, followed by Wells Fargo with $18.2 billion, Bank of America with $16.4 billion and Goldman Sachs with $16.2 billion.

Meanwhile, Rothschild & Co occupied the second position in terms of volume with eight deals, followed by JP