Private Equity

PE Fund Investments

Allegro tops League Table for Transaction Advisors to M&A deals for Q1'22

 

Allegro Advisors topped the Venture Intelligence League Table for Transaction Advisor to M&A Deals for Q1 2022. Allegro advised 2 deals worth $3.3 Billion. PJT Partners ($3.3 Billion across 1 deal) and Citi ($2.2 Billion across 2 deals) took the second and third spots respectively. Axis Capital and Credit Suisse ($1.625 Billion across 1 deal) took the fourth spot and Arpwood Capital ($1.623 Billion across 1 deal) completed the top five. Among the largest deals in Q1 2022, Allegro Advisors and PJT Partners acted as the advisors to the $3.3 Billion acquisition of Viatris' biosimilars business by Biocon Biologics (a subsidiary of publicly listed Biocon). Axis Capital, Citi, and Credit Suisse acted as the advisors to Axis Bank's $1.6 Billion acquisition of Citibank's consumer business in India. Citi and JM Financial advised the $593 million acquisition of IDFC Asset Management Company by a consortium comprising Bandhan Financial Holdings Limited and private equity investors GIC and ChrysCapital. 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.