Lazard named top M&A financial adviser in power sector for 2024
In 2024, Lazard emerged as the leading financial adviser for mergers and acquisitions (M&A) in the power sector, both in terms of value and volume, as per the latest financial advisers league table by GlobalData, a renowned data and analytics company.
According to an analysis of GlobalData’s deals database, Lazard secured the top position by advising on 23 deals with a total value of $22.8 billion. The company saw significant improvement in the number of deals and total deal value in 2024 compared to the previous year, moving from the ninth position by volume in 2023 to the top spot in 2024. Similarly, Lazard’s ranking by value also saw an improvement from third place in 2023 to the leading position in 2024.
The second position in terms of value was claimed by UBS, with deals totaling $14.3 billion, followed by JP Morgan with $13.7 billion, Goldman Sachs with $12.2 billion, and Citi with $11.5 billion. Rothschild & Co secured the second spot in terms of volume with 19 deals, followed by PwC with 14 deals, and Barclays and KPMG each with 13 deals.
GlobalData’s league tables are formulated based on the real-time tracking of various company websites, advisory firm websites, and other reliable sources available on the secondary domain. Analysts meticulously monitor these sources to gather comprehensive details for each deal, including the names of advisers involved.
These insights from GlobalData’s league tables provide valuable information about the competitive landscape in the power sector when it comes to mergers and acquisitions. Companies can gain a deeper understanding of their competitors and make informed decisions by accessing comprehensive company profiles powered by GlobalData. By leveraging these profiles, businesses can save time on research and gain a competitive edge in the market.
In conclusion, Lazard’s strong performance in 2024 as the top financial adviser for M&A in the power sector, both by value and volume, underscores its expertise and strategic positioning in the industry. The competencies showcased by leading firms like Lazard, UBS, JP Morgan, and others highlight the dynamic nature of the sector and the pivotal role played by financial advisers in facilitating successful deals.
