Financial Advisor Ranking Q1 2024 – Europe

J.P. Morgan places first, while Lazard, J.P. and Goldman overtake the common mid-market leaders in deal activity

Financial advisory ranking by value Financial advisory ranking by number of deals

Ranking Ranking Value ($m) Value ($m) Ranking Ranking Deal count Deal count
Advisor Advisor2)
Q1 2024 Q1 2023 Q1 2024 Q1 20231) Q1 2024 Q1 2023 Q1 2024 Q1 20231)

1 3 64,018 29,435 = 1 1 59 66

2 8 46,854 19,927 2 6 41 27

3 2 44,970 32,396 3 8 35 19

4 1 42,091 40,208 4 10 32 24

= 5 5 35,061 27,359 = 5 5 30 25

= 6 6 33,963 24,947 6 2 29 40

7 14 26,521 11,070 7 4 28 42

8 10 24,775 19,508 8 18 25 18

9 18 21,820 6,201 9 3 24 35

10 7 21,704 21,666 10 12 22 29

Comment(s): Pure
Comment(s): 1) M&Afrom
Figures deals
Q1(IPOs,
2023minority investments,
are based on the M&A etc. were Q1
Rankings excluded) that were
2023; figures mayannounced in 2023
differ from the M&A were included
Rankings 2024 due to new accurate information; 2) Auditing firms excluded (e.g. PwC, EY, KPMG & Deloitte)
2
Source(s): Mergermarket
Source(s): Mergermarket as
asofof31/03/2024
31/12/2023
Financial Advisor Ranking Q1 2024 – Germany
According to deal value, Lazard places first, while Sonntag CF leads the German M&A market in deal activity

Financial advisory ranking by value Financial advisory ranking by number of deals

Ranking Ranking Value ($m) Value ($m) Ranking Ranking Deal count Deal count
Advisor Advisor2)
Q1 2024 Q1 2023 Q1 2024 Q1 20232) Q1 2024 Q1 2023 Q1 2024 Q1 20232)

1 12 7,670 2,935 = 1 1 10 9

= 2 2 6,896 16,175 2 18 6 3

3 10 4,808 3,072 3 2 6 8

4 n.a. 4,610 n.a.3) 4 3 6 8

5 1 4,306 17,504 5 16 5 4

6 n.a. 3,889 n.a.3) 6 52 5 1

7 32 2,379 314 7 22 5 3

8 6 2,170 11,931 8 77 5 1

9 18 1,373 1,190 9 38 4 2

10 4 1,221 14,687 10 91 4 1

Comment(s):
Comment(s): 1)Pure M&Afrom
Figures deals
Q1(IPOs,
2023minority
are basedinvestments,
on the M&A etc. were Q1
Rankings excluded) that were
2023; figures mayannounced in 2023
differ from the M&A were included
Rankings 2024 due to new accurate information; 2) Auditing firms excluded (e.g. PwC, EY, KPMG & Deloitte);
2
3) The termMergermarket
Source(s): “n.a." indicatesas
that
of the advisors had no reported deals in Germany in Q1 2023; 4) The ranking excludes advisory on minority share sales (hence, e.g., Wells Fargo Securities & Truist Securities)
31/12/2023
Source(s): Mergermarket as of 31/03/2024