Deloitte's Corporate Finance practices recognized by Mergermarket as the most active M&A advisor in the world
According to Elizabeth Lim, Research Editor, Americas at Mergermarket, “With so many market-moving factors fluctuating throughout the year, mergers and acquisitions have understandably had headwinds in late 2018. Intensifying trade tensions, political instability, and increased regulatory scrutiny lowered the number of deals struck over the year, though deal values remained relatively high. These deals reached US$3.53 trillion worth of activity, ranking 2018 as the third-largest year on Mergermarket record by value, with the average deal size increasing to the second-highest total value on record with US$384.8 million.”
Despite an overall global decline in the level of M&A activity, Deloitte advised on 468 transactions that closed in 2018, which was up 20 percent from 2017. Additionally, over 50 percent were cross-border, reinforcing a marketplace reputation for global scale and comprehensive M&A advisory offerings.
“Deloitte's global Corporate Finance practices are honored to receive this accolade. We have heavily invested in our people and offerings over the past few years, and we are increasingly integrated with Deloitte’s end-to-end M&A offerings across the world,” says Phil Colaço, Deloitte Global Corporate Finance leader and CEO of Deloitte Corporate Finance LLC. “This investment has started to pay dividends with a growing share of cross-border transactions and deep collaborations with our colleagues focused on delivering superior services and deep sector expertise as clients navigate an increasingly complex business landscape.”
“Combine that with market trends towards a more global M&A marketplace, and record amounts of capital, and we’re seeing tremendous opportunity in the middle market,” says Phil.
“We are proud to be part of the leading global corporate finance practices and extending the global services to the Middle East. The global M&A trends are firmly recognised in the Middle East where we continue to see cross border transactions drive mid-market M&A,” says Robin Butteriss, Partner and Head of Deloitte Corporate Finance Advisory in the Middle East.
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About Deloitte & Touche (M.E.):
Deloitte & Touche (M.E.) (DME) is a licensed member firm of Deloitte Touche Tohmatsu Limited (DTTL) and is a leading professional services firm established in the Middle East region with uninterrupted presence since 1926. DME’s presence in the Middle East region is established through its affiliated independent legal entities which are licensed to operate and to provide services under the applicable laws and regulations of the relevant country. DME’s affiliates and related entities cannot oblige each other and/or DME, and when providing services, each affiliate and related entity engages directly and independently with its own clients and shall only be liable for its own acts or omissions and not those of any other affiliate.
DME provides audit and assurance, tax, consulting, financial advisory and risk advisory services through 25 offices in 14 countries with more than 3,300 partners, directors and staff. It has also received numerous awards in the last few years which include, Middle East Best Continuity and Resilience provider (2016), World Tax Awards (2017), Best Advisory and Consultancy Firm (2016), the Middle East Training & Development Excellence Award by the Institute of Chartered Accountants in England and Wales (ICAEW), as well as the best CSR integrated organization.