Simpson Thacher & Bartlett is the top mergers and acquisitions (M&A) legal adviser based on deal value in Q1 2020, having advised on two deals worth US$6.40bn, according to GlobalData, a leading data and analytics company.
GlobalData, which tracks all M&A, private equity/venture capital and asset transaction activity around the world, confirmed that Simpson Thacher & Bartlett was followed by Allen & Overy with three deals worth US$5.14bn and Sidley Austin with five deals worth US$4.51bn.
Aurojyoti Bose, Financial Deals Analyst at GlobalData, says: "Simpson Thacher & Bartlett was the leading legal adviser in the power sector, in terms of value, but lagged behind its peers in volume terms. Lee & Li and Clifford Chance also achieved high deal values but saw less volume."
Simpson Thacher & Bartlett finished at 13th position in the recently released global league table of top 20 M&A legal advisers by GlobalData. In this ranking, Skadden Arps Slate Meagher & Flom topped the global rankings chart, followed by Latham & Watkins.
Watson Farley & Williams was the top M&A legal adviser for the power sector based on deal volume in Q1 2020. The UK law firm advised on six deals worth US$3bn. Sidley Austin occupied second position with five deals worth $4.51bn, followed by Linklaters with five transactions worth $3.25bn.
Bose continues: "Watson Farley & Williams, Sidney Austin and Linklaters were also among the top ten advisors by deal value in Q1, however, four of the top ten firms by volume failed to find a place in the list of top ten advisors by value due to involvement in relatively low-value deals."
The total deal value in the power sector plunged by 28.38% from US$59.5bn in Q1 2019 to US$42.6bn in Q1 2020. The sector saw 511 deals in Q1 2020, a decrease of 24.74% from 679 deals in Q1 2019.
ENDS
For more information
To gain access to our latest press releases: GlobalData Media Centre
Analysts available for comment. Please contact the GlobalData Press Office:
EMEA & Americas: +44 (0)207 832 4399
Asia-Pacific: +91 40 6616 6809
Email: pr@globaldata.com
For expert analysis on developments in your industry, please connect with us on:
GlobalData | LinkedIn | Twitter
Notes to Editors
- Quotes are provided by Aurojyoti Bose, Financial Deals Analyst at GlobalData
- The information is based on GlobalData Power IC and Financial Deals Database
- This press release was written using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GlobalData's team of industry experts
Methodology for League Tables
GlobalData league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness to the data, the company also seeks submissions from leading advisors, through an adviser submission forms on GlobalData, which allows both legal and financial advisers to submit their deal details.
About GlobalData
4,000 of the world's largest companies, including over 70% of FTSE 100 and 60% of Fortune 100 companies, make more timely and better business decisions thanks to GlobalData's unique data, expert analysis and innovative solutions, all in one platform. GlobalData's mission is to help our clients decode the future to be more successful and innovative across a range of industries, including the healthcare, consumer, retail, financial, technology and professional services sectors.
.
GLOBALDATA PLC 
