NEW YORK: Brunswick Group led the way in North American M&A value in the first quarter, advising on 25 deals valued at $148.9 billion.
And, according to first quarter league tables released by financial intelligence firm mergermarket, Kekst & Company ranked second in value, with 26 deals in the quarter worth $47.6 billion. Joele Frank and Citigate Sard Verbinnen both broke $40 billion also.
Kekst, Sard, Brunswick, and Financial Dynamics were the top four firms by volume in the quarter. Each tallied more than 20 deals.
Much of Brunswick's huge lead in the quarter is attributable to the agency's work on the $67 billion acquisition of BellSouth by AT&T last month.
Total North American deal value was $323.4 billion, up 22% from the first quarter of 2005, and virtually equal to the mammoth fourth quarter of last year.
Abernathy MacGregor, usually a highly ranked M&A firm, had a slow quarter, with nine deals totaling just $1.58 billion, putting them well behind fellow AMO international affiliates Maitland and Hering Schuppener Consulting.