Goldman Sachs Leads way in M&A Deals, Affordable Care Act Dilemma Doesn't Faze Healthcare Sector
Healthcare deal volume fell 11% and
"The first half of 2017 saw good M&A volume, though down from a very active 2016. Private equity is on pace for its best year in a decade, and activity remains surprisingly strong in healthcare given the uncertainty around the future of the Affordable Care Act, though the market has been tougher for REIT M&A," said
The Deal compiled its exclusive ranking by analyzing its database, which covers top investment banks, law firms, PR advisers, proxy solicitors and Delaware law firms that are engaged in mergers and acquisitions. Data collected captures advisers to target/seller and acquirer/bidder companies involving transactions announced between January 1 and June 30, 2017.
- Among investment banks, Goldman, Sachs & Co. came in first with 51 deals. Citigroup Inc. was second with 46 deals.
JPMorgan Securities LLCwas third, with 43 deals.
- Among law firms, Kirkland & Ellis LLP was the top counsel to companies, with 59 deals. Skadden, Arps, Slate, Meagher & Flom LLP was second with 49 deals. Latham & Watkins LLP ranked third with 47 deals.
- Among Delaware firms, Richards, Layton & Finger PA came in first with 24 deals.
Morris, Nichols, Arsht & Tunnell LLP was second with 10 deals. Potter Anderson & Corroon LLP ranked third with nine.
- Among PR firms, Joele Frank, Wilkinson Brimmer Katcher was first with 52 transactions.
Sard Verbinnen& Co. recorded 36 transactions. Kekstand Co. ranked third with 21 transactions.
- Among proxy solicitors, Innisfree M&A Inc. was involved in 25 deals. D.F. King & Co. and MacKenzie Partners Inc. tied for second with 18 deals each.
Okapi Partners LLCcame in third with 10 deals.
About The Deal's M&A League Tables
Rankings include the names of lead M&A and/or corporate partners at law firms that represented principals and investment advisers. Only deals involving a change of control at a target company with a market value of $100 million or more are included, and only when a key party involved is a U.S. company. Unless the target is a recognized stand-alone operating business, rankings will not include asset sales, unit sales, sales of subsidiaries, spin-offs or joint ventures. Deals with undisclosed transactions values are not eligible. The Deal's M&A League Tables, which come out each quarter, are cumulative across the year.
About The Deal
The Deal (www.thedeal.com) provides actionable, intraday coverage of mergers, acquisitions and all other changes in corporate control to institutional investors, private equity, hedge funds and the firms that serve them. The Deal is a business unit of
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