Private Equity

PE Fund Investments

Allegro Advisors tops League Table for Transaction Advisors to M&A deals for H1'22

 

Allegro Advisors topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals for the six months ending June 2022. Allegro Advisors advised 4 deals worth $3.35 Billion. Citi ($2.2 Billion across 3 deals) and Arpwood Capital ($1.9 Billion across 2 deals) took the second and third spots respectively. Axis Capital ($1.67 Billion across 3 deals) took the fourth spot and Credit Suisse ($1.62 Billion across 1 deal) completed the top five. The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on the value of PE and M&A transactions advised by Financial and Legal Advisory firms. Among the largest M&A deals in H1 2022, Standard Chartered Bank, Ernst & Young and PwC acted as the advisors to the $1.55 Billion acquisition of PE firm Actis' renewable energy platform, Sprng Energy, by Shell Overseas Investments. Ambit advised the $1.2 Billion acquisition of Brookfield Asset Management's five operational road projects by Indinfravit Trust. Ernst & Young advised the $775 million purchase of six toll road projects from Welspun Enterprises by Actis. By Deal Volume Ernst & Young topped the table in terms of deal volume with 11 deals. It was followed by Avendus, JM Financial, Edelweiss Financial Services, KPMG and PwC who advised 5 deals each. Allegro Advisors took the third spot with 4 deals.