Citi and Houlihan Lokey lead consumer M&A rankings for 2024

Citi and Houlihan Lokey emerged as the leading financial advisers in the consumer sector in 2024, based on an analysis of deal data obtained from the database of GlobalData, parent company of Just Food. Citi, in particular, stood out at the forefront by securing the top spot in terms of the value of transactions facilitated throughout the year. On the other hand, Houlihan Lokey distinguished itself by advising on the highest number of transactions within the consumer sector.

Cumulatively, Citi was involved in consumer sector deals amounting to an impressive $39.36 billion, a significant indicator of its strong presence and influence in this particular market. Meanwhile, Houlihan Lokey was entrusted as an adviser for a total of 29 transactions, solidifying its position as a key player in this sector. Aurojyoti Bose, an esteemed lead analyst at GlobalData, shed light on the competitive landscape, revealing that Citi faced stiff competition from Goldman Sachs in terms of transaction value. Despite the intense rivalry, Citi managed to clinch the top ranking by value, showcasing its expertise and proficiency in executing high-value deals.

Houlihan Lokey, on the other hand, displayed remarkable growth in the number of deals it advised on in 2024 as compared to the previous year. This surge in deal volume resulted in a favorable shift in its ranking by volume, propelling it from the second position in 2023 to the coveted top position in 2024. The strategic prowess and operational agility demonstrated by Houlihan Lokey enabled it to outpace its competitors and establish itself as a frontrunner in terms of deal volume within the consumer sector.

In terms of deal value, Goldman Sachs clinched the second position by advising on transactions totaling $39.1 billion, a testament to its robust performance and extensive dealings within the consumer sector. The competitive landscape in the consumer sector remained dynamic and fiercely contested, with key players vying for supremacy and market dominance through strategic deal-making and advisory services.

The intricacies of the consumer sector mergers and acquisitions landscape highlighted the importance of strategic partnerships and advisory services provided by industry leaders like Citi, Houlihan Lokey, and Goldman Sachs. These top financial advisers played a pivotal role in facilitating high-value transactions and driving growth within the consumer sector, underscoring the significance of their expertise and insights in navigating the complexities of mergers and acquisitions. As the market continues to evolve and witness unprecedented shifts, the role of top financial advisers in shaping the trajectory of the consumer sector remains crucial and indispensable.