KPMG tops the league for mergers and acquisitions
KPMG Corporate Finance has topped the league table of financial advisors for the volume of its global and European mergers and acquisitions transactions in 1999.
According to the Thomson Financial Securities Data league table KPMG has also been ranked the number one advisor after completing 241 deals in the UK last year.
Global and European transactions amounted to 516 in 1999 compared to 423 in 1998.
John Griffiths-Jones, European head of corporate finance, said: ‘We believe that the current buoyancy in the European M and A market will continue through 2000. KPMG Corporate Finance will continue to grow its mid-market advisory businesses with corporates, private companies and private equity houses, all seeking to participate in the on-going wave of pan-European consolidation.’
The value of global deals advised upon by KPMG topped $23.5bn, 120% up on 1998. Europe accounts for the majority of KPMG work with 362 deals valued at $17.4bn.