Simpson Thacher & Bartlett and Kirkland & Ellis were the top mergers and acquisitions (M&A) legal advisers in the consumer sector for 2021 by value and volume, respectively, according to GlobalData. The leading data and analytics company notes that Simpson Thacher & Bartlett advised on 20 deals worth $38.5 billion, while Kirkland & Ellis advised on 83 deals worth $25.6 billion. A total 4,064 M&A deals were announced in the sector during year 2021, according to GlobalData, a leading data and analytics company.
According to GlobalData’s report, ‘Global and Consumer M&A Report Legal Adviser League Tables 2021’, deal value for the consumer sector increased by 38.8% from $270.8 billion during 2020 to $376 billion in during 2021.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Kirkland & Ellis was the only firm to advise on more than 70 deals during 2021, thereby outpacing its peers by a large margin in terms of volume. Of these deals, seven were valued more than or equal to $1 billion—helping the firm secure the third spot by value.
“Due to its involvement in a higher number of big-ticket deals, Simpson Thacher & Bartlett managed to top the list by value. Simpson Thacher & Bartlett advised on 12 deals valued more than or equal to $1 billion.”
