Global Mid-Cap M&A Market Share Insights
Global Market-Leading Advisor Across Industries
Business Services
Houlihan Lokey
Rothschild & Co
Lincoln International
Clearwater International
32
46
Consumer, Food, & Retail²
63
Houlihan Lokey
Rothschild & Co
Lazard
32
Financial Services 1,2
50
Houlihan Lokey
41
48
Rothschild & Co
32
Goldman Sachs & Co
29
31
Goldman Sachs & Co
25
UBS
27
UBS
23
Morgan Stanley
26
Goldman Sachs & Co
27
Healthcare
Houlihan Lokey
Jefferies LLC
31
Rothschild & Co
31
Centerview Partners LLC
30
Goldman Sachs & Co
30
Industrials²
34
Houlihan Lokey
Rothschild & Co
Technology
62
Houlihan Lokey
58
Rothschild & Co
76
JP Morgan
68
45
Goldman Sachs & Co
63
ICBC
49
Lincoln International
Source: LSEG (formerly Refinitiv). Excludes accounting firms and brokers.
Note: Advisory rankings based on total number of Global M&A transactions completed in CY 2023.
1. Excludes depositories.
2. Transactions under $1 billion in total deal value.
Lazard
42
Morgan Stanley
59
89
Houlihan Lokey 10View entire presentation