Big Five crack mid-market deals
PricewaterhouseCoopers has knocked rival KPMG off the top slot in the latest corporate finance league tables, racking up £2.3bn of deals last year.
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.