Rothschild & Co Dominates the Automotive M&A Sector in 2023

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Rothschild & Co, the big shot in the automotive sector, dominated the mergers and acquisitions (M&A) scene during the first three quarters of 2023, according to GlobalData. They were the go-to financial adviser for M&A deals, both in terms of value and volume. GlobalData’s financial advisers league table ranked Rothschild & Co at the top, based on their involvement in three deals worth a whopping $650.8 million.

Aurojyoti Bose, the Lead Analyst at GlobalData, noted that although Rothschild & Co experienced a decline in deals compared to the previous year, they still managed to maintain the highest average deal value among the top 10 advisers.

GlobalData’s analysis of their Financial Deals Database revealed that EF Hutton Financial Corp. secured the second position in terms of value, advising on deals worth $225 million. Scotia Capital Inc and TD Securities jointly held the third position, with each advising on deals worth $167.8 million.

In terms of volume, Houlihan Lokey, Stifel/KBW, Lincoln International, and EF Hutton Financial Corp. were the key players, with each of them involved in multiple deals.

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