2022 M&A League Tables (Pictured)
A lot of people seem to be asking
Global and US
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US below

A lot of people seem to be asking
Global and US
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US below

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Great, thanks!
But is there another list that covers the top 50, as opposed to just the top 25?
What does the “AD1” mean? I would’ve thought BofA would outrank Citi…
Yeah well it doesn't
Citi has always had a greater international presence. US only shows BofA ahead which is expected.
Allen & Co. moving from 22 in 2021 to 9 in 2022 is wild. Would be interested to understand the dynamics there.
Activision lol. Its not that deep.
figma?
They have like 30 MDs and 10 juniors. Bank has very heavy hitting MDs that are super connected.
Where is LionTree ?
yes I am confused...
Evercore moved down market to pump out smaller ticket deals
Moelis living up to its rep
AllenCo folks getting paid
Guggenheim, no where to be found
where are LionTree and Raine? Also surprised to not see PWP in North America
I don' thinkt Raine has ever been a place focused on being a top US advisor. They do a lot of growth financing and M&A deals with long-term clients of the big shots there although I think the Chelsea deal was led by one of their homegrown partners.
LionTree wasn’t on many big deals this year — think the largest they did was the Take Two x Zynga deal which was ~$12bn if I remember correctly
Gugg and PWP -- are they close to top 25? Does anyone have top 50 list?
Gugg was like a top 5 investment bank according to sophomores on this forum a little while ago
Guggenheim was #35 for US announced M&A based on Bloomberg. Right below the banking powerhouses of HSBC at 34 and PwC at 33.
Perella was #21
Wow. Thanks for that info.
Roths on both global and U.S. top 15
Dealogic Global M&A Here:
Dealogic Global IBK Revenue here:
Citi down bad
I don’t get it. I would have thought CS should not be in top 10 anymore but they are essentially intact or unchanged?
Broadcom, Albertsons carrying hard here
What happened to Nomura for USA? Also, why is Mizuho and TD so high now?
Is this a troll post? Can you read?
Nomura, TD and MIZ all suck.
TD and MIZ are low 20s…what do you mean so high?
Imagine coming 20th in something and being proud of it.
For a bank like TD, that’s a huge improvement from having a basically nonexistent US platforms a few years ago
Kinda wild how Nomura got bested by Mizuho and TD
Ah no wonder MS pays donuts
Where the fuck is HL? Thought they made a ton of deals and amazes me they are not even in the bottom of the volume list
This is M&A bud
they won't be listed here. they are a ~150-250m TEV sell side volume machine. #1 every year in volume, but the deals are tiny. they will never crack top 20 in M&A league tables (by deal value) so long as they continue to focus on this strategy. Notice how HW, Blair, Baird, Lincoln etc all brand name MM banks are no where to be found.
Notice how all the top MM and "inbetweener" banks with balance sheets are all on the list (Jefferies, BNP, RBC, BMO, TD, even Mizuho). This is the power of leveraged finance and the staple financing package. They will get full M&A credit even if they aren't the lead M&A advisor, but put out a 100% committed staple. This is less so much Jefferies and RBC as they actually lead sell-side M&A and is a core piece of their respective business models, but the point is to highlight the important of LevFin capabilities for these firms. No sponsor in the US is giving Mizuho sell-side credit without them providing some kind of a juicy staple to anchor the valuation.
PJT growing pretty fast esp. in the US
lets go barclays breaking top 5 status. need my bonus to reflect this
most likely won't, didn't you hear about bonus this Summer?
yes it was shit but can a brother dream on wso
ahahahaha fly eagle fly!!!
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