In the dynamic landscape of mergers and acquisitions (M&A) advisory services, Goldman Sachs and UBS have emerged as frontrunners in South America for the year 2024. According to the latest league tables from GlobalData, a leading data and analytics firm, these two financial giants have distinguished themselves through their remarkable performance. Goldman Sachs topped the rankings by deal value, while UBS led by volume. The competitive edge displayed by these institutions underscores the evolving nature of financial advisory services in the region.
Goldman Sachs Dominates by Value; UBS Leads by Volume
In the vibrant and competitive world of South American M&A transactions, Goldman Sachs secured its position at the top based on deal value, advising on transactions worth an impressive $12.7 billion. Meanwhile, UBS showcased its strength in deal volume, managing a total of 12 deals throughout the year. This achievement marks UBS as the only adviser with double-digit deal volume in 2024. Additionally, UBS held the second position by value, with advisory on deals totaling $4.1 billion.
GlobalData lead analyst Aurojyoti Bose highlighted that both firms maintained their leadership positions from previous years. Goldman Sachs retained its top spot by value for two consecutive years, being the sole adviser to surpass $10 billion in total deal value. On the other hand, UBS not only led by volume but also ranked second by value. JP Morgan followed closely behind UBS in terms of value, with deals amounting to $2.1 billion.
Rothschild & Co and Bank of America each advised on deals valued at $1.9 billion, with Rothschild & Co securing the second position in deal volume with eight deals. Goldman Sachs followed with six deals, JP Morgan with four, and Morgan Stanley with three. These achievements reflect the robust competition among top-tier financial advisers in the South American market.
The league tables compiled by GlobalData are based on real-time tracking of various reliable sources, including company websites and advisory firm websites. A dedicated team of analysts meticulously monitors these sources to gather comprehensive details for each deal, ensuring the accuracy and reliability of the data.
From a journalist's perspective, this trend highlights the growing importance of strategic financial advisory in South America's economic landscape. The success of Goldman Sachs and UBS demonstrates the critical role of expertise and adaptability in navigating complex M&A transactions. For readers, it serves as a testament to the resilience and innovation of these financial institutions in a rapidly changing global economy.