Ernst & Young tops 2011 European M&A league tables
London, 18 January 2012: This week the 2011 mergermarket European M&A league tables confirmed Ernst & Young as the number one provider of accountancy advice on M&A transactions across Europe during 2011.
In a year that saw M&A activity fluctuate significantly, Ernst & Young advised on 297 M&A transactions across Europe, with an aggregated value of almost $68billion; representing 28% volume and 39% value of all M&A deals with named accountancy advisers.
Joachim Spill, Ernst & Young’s Transaction Advisory Services leader for Europe, Middle East, India and Africa (EMEIA) comments: “While many organizations are yet to chart a course through the choppy waters in Europe, some of our clients are looking to take advantage of current instability to drive growth. Overall, we have seen a significant increase in transaction activity over recent months and have won substantial market share despite on-going volatility.”
Dave Murray, Ernst & Young’s Transaction Advisory Services markets leader for EMEIA adds: “We have seen a change in the mind-set of organizations contemplating transactions during 2011. Clients are increasingly keen to look across their entire Capital Agenda when evaluating transactions. Many are now thinking about synergies and risk at the outset of a deal, rather than just during the valuation and diligence phases.”
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Notes to editors
2011 Mergermarket European League Table
League table data provided by mergermarket based on data as at 11 January 2012 for the calendar year 2011.
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How organizations manage their capital agenda today will define their competitive position tomorrow. We work with our clients to help them make better and more informed decisions about how they strategically manage capital and transactions in a changing world. Whether you're preserving, optimizing, raising or investing capital, Ernst & Young's Transaction Advisory Services bring together a unique combination of skills, insight and experience to deliver tailored advice attuned to your needs – helping you drive competitive advantage and increased shareholder returns through improved decision making across all aspects of your capital agenda.
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Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.
This news release has been issued by EYGM Limited, a member of the global Ernst & Young organization that also does not provide any services to clients.