Tulchan has been advising GE on the £5.7bn takeover of Amersham that was completed this month. But the agency still came behind Amersham adviser Brunswick, which kept its grip on the top spot for the third month running.
Financial Dynamics was the biggest mover in the April table, up to fourth position from seventh in March. FD is Amersham’s retained adviser and also advised GE Real Estate on its £273.1m acquisition of Benchmark Group from shareholders Friends Provident and GuocoLand.
Irish private equity group Quinlan Private’s £750m bid for the Savoy Group brought two new entries to the Deal Watch top ten for April. Owen Blicksilver PR advised Colony Capital, one of Savoy’s major shareholders, while Fleishman-Hillard Saunders took equal ninth position after advising Quinlan on relations with the Irish media.
Powerscourt handled international PR for Quinlan while retained adviser to Savoy’s other major shareholder, the Blackstone Group, was Bell Pottinger Corporate & Financial (PRWeek, 9 April).
Zephyr head of research Ed Mountifield said there had been a huge increase in the value of deals closed in the past three months, standing at £39bn compared to just £14.8bn in the same period last year.