Coming second overall in the Zephus Corporate Finance mid-market financial advisers league table, PwC worked on 67 deals in 2001, though KPMG completed almost a third more, scoring 95 deals at a value of £2.2bn.
The two firms were only beaten by Credit Suisse First Boston, whose deal-value topped £2.7bn. UBS Warburg, Schroder Salomon Smith Barney and Goldman Sachs trailed behind the two big five firms.
The annual survey clearly shows the in-roads made by the big five corporate finance arms into the mid-market arena of deals worth £150m or less.
But none of the accountancy firms were able to break into the overall top 10 of financial advisers, which was topped by Merrill Lynch, completing £94bn of deals in 2001.
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Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel