Rothschild & Co was the top mergers and acquisitions (M&A) financial adviser in the retail sector during the first half (H1) of 2024 by both value and volume, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised.
An analysis of GlobalData’s Deals Database reveals that Rothschild & Co achieved the leading position by advising on eight deals of worth $2.8 billion.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Rothschild & Co was also the top adviser by volume in H1 2023. Meanwhile, its ranking in terms of value improved from fifth position in H1 2023 to the top position in H1 2024. Rothschild & Co registered 13.9% growth in the total value of deals advised during H1 2024 compared to H1 2023.”
JP Morgan occupied the second position in terms of value, by advising on $1.9 billion worth of deals, followed by Jefferies with $1.3 billion, PwC with $1.2 billion and Solomon Partners with $1.2 billion.
Meanwhile, UBS occupied the second position in terms of volume with six deals, followed by Performance Brokerage Services with six deals, PwC with five deals and Kerrigan Advisors with five deals.
Kerrigan Advisors ranked 5th overall, which took into account first half 2024 deal volume, but did not include deal value given confidentiality purposes.
Kerrigan Advisors is the leading sell-side advisor and thought partner to auto dealers nationwide. Since its founding in 2014, the firm has led the industry with the sale of over 280 dealerships representing $9 billion in client proceeds, including the third largest transaction in auto retail history – the sale of Jim Koons Automotive Companies to Asbury Automotive Group. The firm advises the industry’s leading dealership groups, enhancing value through the lifecycle of growing, operating and, when the time is right, selling their businesses. Led by a team of veteran industry experts with backgrounds in investment banking, private equity, accounting, finance and real estate, Kerrigan Advisors does not take listings, rather they develop a customized sales approach for each client to achieve their personal and financial goals. In addition to the firm’s sell-side advisory services, Kerrigan Advisors also provides a suite of consulting and investor services including growth strategy, market valuation assessments, capital allocation, transactional due diligence, open point proposals, operational improvement and real estate due diligence.
Kerrigan Advisors monitors conditions in the buy/sell market and publishes an in-depth analysis each quarter in The Blue Sky Report®, which includes Kerrigan Advisors’ signature blue sky charts, multiples, and analysis for each franchise in the luxury and non-luxury segments. To download a preview of the report, click here. The firm also releases monthly The Kerrigan Index™ composed of the seven publicly traded auto retail companies with operations focused on the US market. The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail. To access The Kerrigan Index™, click here. To read the 2023 Kerrigan Dealer Survey, click here. To read the 2024 Kerrigan OEM Survey, click here. Kerrigan Advisors also is the co-author of NADA’s Guide to Buying and Selling a Dealership.
Contact us to learn more about Kerrigan Advisors’ sell-side services.
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