NEW YORK: Sard Verbinnen & Co. has had by far the best first half of the year among North American M&A PR advisors, according to new rankings from the financial intelligence service mergermarket.
Sard tallied 54 deals worth a combined $210.1 billion in the first half. The next firm in value was Kekst & Company, which handled 63 deals worth $159.1 billion. Brunswick Group, at $154.4 billion, and Joele Frank Wilkinson Brimmer Katcher, at $110 billion, were the only other firms to top the $100 billion mark in the first half. They were followed in the value chart by Abernathy MacGregor, FD, and Owen Blicksilver PR.
Kekst's 63 deals gave them the lead in volume for the first half, narrowly edging out Abernathy MacGregor's 62 deals. Sard, Brunswick, and Joele Frank rounded out the top five in volume.
Big movers in the first half included Sloane & Company, which jumped from 99th place in value at the end of 2006 to 12th in the first half of 2007, with $26.3 billion in total deals. Smithfield Consultants jumped from 45th place at last year end to eighth place today, advising on $63.9 billion in first half transactions.
North American deal volume in the first half was comparable to volume in the first half of 2006. But value of the deals has risen sharply, topping $1 trillion already this year. The second quarter alone saw well over $600 billion in transactions.