NEW YORK, July 16, 2015 /PRNewswire/ -- The Deal announced the results of its rankings of the top firms involved in mergers and acquisitions (M&A) for the first half of 2015 for deal assignments of $100 million or more that involved a U.S. company. The Deal reported that the first and second quarters of 2015 have set records due to eager buyers, confident executives and favorable credit markets in all sectors, including the healthcare, TMT and energy markets.
"M&A in the first half was very strong, particularly in the U.S., where it reached unprecedented heights, resulting in more than $1 trillion worth of transactions mostly driven by strategic buyers' desire to grow revenues," said Tatjana Kulkarni, reporter for auctions at The Deal. "Healthcare and then TMT were really the star sectors, but overall there was plenty of activity. And going into the next half of 2015, deal-makers don't expect this activity to slow down."
League Table highlights:
- Kirkland & Ellis LLP and Skadden, Arps, Slate, Meagher & Flom LLP tied as the top law firm with 45 deals each; Latham & Watkins LLP ranked second with 35; Wachtell, Lipton, Rosen & Katz was third with 34; and Jones Day with 26 deals ranked fourth.
- Top law firms representing investment advisers included White & Case LLP, ranked first, with 29 deals; Sullivan & Cromwell LLP ranked second with 17 deals; and Fried, Frank, Harris, Shriver & Jacobson LLP ranked third with 16 deals. Davis Polk & Wardwell LLP and Simpson Thacher & Bartlett LLP both ranked fourth with 11 deals each.
- Top Delaware law firms included Richards, Layton & Finger PA, ranked first, with 33 deals; Morris, Nichols, Arsht & Tunell LLP with 26 deals ranked second; and Potter Anderson & Corroon LLP ranked third with 9 deals.
- Top investment advisers included Goldman, Sachs & Co., ranked first, with 62 deals; JPMorgan Chase & Co. with 55 deals ranked second; Morgan Stanley ranked third with 48 deals; Bank of America Merrill Lynch, ranked fourth, had 44 deals; and Barclays Capital was fifth with 39 deals.
- Top proxy solicitors/information agents included Innisfree M&A Inc., ranked first, with 24 deals, Georgeson Inc. with 22 deals was second, D.F. King & Co. with 11 deals ranked third, Okapi Partners LLC was fourth with 10 deals, and MacKenzie Partners Inc. with 3 deals ranked fifth.
- The top public relations firms were Joele, Frank, Wilkinson Brimmer Katcher, ranked first, with 58 deals; Sard Verbinnen & Co. with 33 was second; Kekst and Co., ranked third, with 19 deals; and Abernathy MacGregor Group Inc. with 11 was fourth. Brunswick Group LLP and Owen Blicksilver Public Relations Inc. both were ranked fifth with nine deals each.
The full report is available online.
About The Deal's M&A League Tables
Rankings include the names of lead M&A and/or corporate partners at law firms that represented the principals and investment advisers. Only deals involving a change of control of a target company with a market value of $100 million or more are included, and only when a key party involved is a U.S. company. Unless the target is a recognized stand-alone operating business, rankings will not include asset sales, unit sales, sales of subsidiaries, spin-offs or joint ventures. Deals with undisclosed transactions values are not eligible. The Deal's M&A League Tables, which come out each quarter, are cumulative across the year.
About The Deal
The Deal is a media and relationship capital company providing over 100,000 users with business opportunities sourced from proprietary deal news and a relationship discovery tool. Law firms, investment banks, private equity and hedge funds use The Deal's insight and analysis about potential and announced transactions to find their next deal and BoardEx's service and database for building relationships. The Deal has offices in New York, London, Washington, D.C., Petaluma, CA and Chennai, India. For more information, visit www.thedeal.com.
Contact: Aedin Moloney, TheStreet, Inc., Aedin.Moloney at thestreet.com
SOURCE TheStreet, Inc.