Hello to the Spanish IB community,
I recently came across this league table from Mergermarket, supposedly the M&A Iberia.
As I'm new to this industry, any thoughts? Personally I'm surprised by PwC, looks like a huge deal value, and by Barclays, since I've seen them higher in other league tables.
| +228 | Just One More Year | 19 | 1h |
| +180 | Piper Sandler in talks to acquire PWP | 75 | 16h |
| +124 | UBS Appears to be Exploring Sale | 19 | 3d |
| +90 | Paradise Is Paradise | 8 | 1d |
| +80 | Drunk VP. How to manage? | 27 | 2d |
| +39 | How do I take my foot off the gas? (AN1) | 4 | 2d |
| +38 | Lazard US Views 2026/2027 | 13 | 2d |
| +26 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 9 | 11h |
| +22 | Mandated 9:00am Arrival? | 6 | 4d |
| +21 | Prestige Upgrade: Incoming Piper Sandler Intern (PWP Merger) | 4 | 5d |
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You should look at the average value. PwC is 2nd due to the sheer volume they do.
That's true, but still impressive $200m avg deal value. Above Arcano and Alantra.
Ignore the Big4 as they will always have a lot of small deals propping them up. JP 1st, Citi 2nd & BNP 3rd is the 'real' ranking. Surprised by Lazard as well as Jamieson, as I haven't seen them named as big players at all (maybe Lazard but in the sense that it is a well known global brand). Barclays seems lower than I would expect IMO.
Then in terms of local boutiques its as expected, AZ on top. I would have expected Arcano to be towards the end if B4 wasn't there, but truth is that the loss of Bluebull & Jefferies must have hurt them a lot. Alantra not appearing is normal, as it really is smaller than people think (but with great branding & international expansion I must admit)
Thanks for your reply!
Why would you exclude Lazard? Its avg deal value is comparable to its peers.
Not exclude as much as surprised they rank this high. Usually I remember them lower, however they have been in Spain for 20+ years and have a team of around 15, so it could certainly be the case.
Jamieson is a management advisory firm, they advise management on their package in LBOs. Pretty well known in Europe and have a Spanish partner. I think they shouldn’t really be on this league table as their advice is not pure m&a.
Where's Real Madrid?
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