Barclays and JP Morgan were the top mergers and acquisitions (M&A) financial advisers in the technology, media, and telecom sector during the first quarter (Q1) of 2025 by value and volume, respectively, according to the latest financial advisers league table by GlobalData, which ranks financial advisers by the value and volume of M&A deals on which they advised.
Based on its Deals Database, the leading data and analytics company has revealed that Barclays achieved its leading position in terms of value by advising on $44.1 billion worth of deals. Meanwhile, JP Morgan led in terms of volume by advising on a total of 17 deals.
Aurojyoti Bose, Lead Analyst at GlobalData, comments: “JP Morgan registered growth in the total number of deals advised by it during Q1 2025 compared to Q1 2024, and consequently its ranking by volume also improved from fourth to the top position. Of the deals advised by JP Morgan during Q1 2025, nine were billion-dollar deals*, which helped it occupy the third position by value as well during Q1 2025.
“Meanwhile, Barclays, despite involvement in a relatively much lesser number of deals, managed to top the chart by value in Q1 2025. Involvement in the $32 billion Google-Wiz M&A deal played a pivotal role for Barclays in securing the top position.”
An analysis of GlobalData’s Deals Database reveals that Goldman Sachs occupied the second position in terms of value, by advising on $38.6 billion worth of deals, followed by JP Morgan with $31.7 billion, Morgan Stanley with $21.6 billion, and Bank of America with $16.5 billion.
Meanwhile, Houlihan Lokey occupied the second position in terms of volume with 16 deals, followed by Goldman Sachs with 14 deals, Canaccord Genuity Group with 11 deals, and Raymond James Financial with 11 deals.
