JP Morgan tops GlobalData’s ranking of financial advisers in healthcare M&As

GlobalData Healthcare 8 August 2018 (Last Updated August 8th, 2018 13:54)

JP Morgan led the pack of the top 20 global financial advisers for the healthcare industry in the latest M&A league table for Q2 2018, compiled by leading data analytics companyGlobalData.

JP Morgan tops GlobalData’s ranking of financial advisers in healthcare M&As

JP Morgan led the pack of the top 20 global financial advisers for the healthcare industry in the latest M&A league table for Q2 2018, compiled by leading data analytics company GlobalData.

Driven by the $80bn Takeda-Shire deal, the biggest transaction in the quarter for any sector, the bank topped the league table in terms of both value and volume, with $99.2bn and 11 deals, respectively. The same deal helped Goldman Sachs, Citi, Morgan Stanely and Evercoreto complete the top five slots.

According to GlobalData, which uses its tracking of all mergers and acquisitions, private equity, venture capital and asset transaction activity around the world to compile the league table, JP Morgan was ranked third in its global league table of financial advisers released recently.

Global Healthcare deals market Q2 2018

The overall global Healthcare deals market has seen a more than double jump in value from $70.3bn in Q2 2017 to $166.6bn in Q2 2018, but slipped marginally in volumes by 9% from 923 to 840 respectively during the quarters in review.

All announced deals count towards the league table total complied by GlobalData.

A few financial advisers such as Dyal Co, Goetzpartners, PJT Partners made it to the top 20 list, despite featuring in just one deal each during Q2 2018.

Sullivan tops legal advisers ranking

US law firm Sullivan & Cromwell grabbed the top rank in the healthcare league table of top 20 legal advisers for the second quarter of 2018. The company also came first in the global league table of top 20 legal advisers released by GlobalData recently.

Even though Sullivan and Davis Polk were involved in four deals each during the reporting period, Sullivan edged past Davis Polk to lead the table riding on the back of deals involving Novartis and Bayer.

In terms of volumes, Latham & Watkins, Kirkland & Ellis and Cooley stood in top three ranks with 11, nine and eight deals, respectively. These three firms were ranked 3rd, 11th and 13th respectively in value terms.

GlobalData Financial Deals Analyst Prakhar Baghmar said: “Q2 2018 has been an eventful period for global healthcare deal activity, with about a 137% jump in deal value as compared with Q2 2017. At US$80bn, the Takeda-Shire deal accounted for close to half of the total healthcare deal value in the quarter and also played a key role in deciding the top rankings for both league tables.”

GlobalData is the parent company of the Verdict Network, which includes Pharmaceutical Technology and Verdict Medical Devices.