Greenhill ranked top mining M&A financial adviser by value in Q1 2023 – report

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Greenhill & Co. and Canaccord Genuity Group were the top mergers and acquisitions (M&A) financial advisers in the metals & mining sector during the first quarter (Q1) of 2023 by value and volume, respectively, according to the latest financial advisers league table by GlobalData.

An analysis of GlobalData’s financial deals database reveals that Greenhill & Co. achieved the top position in terms of value by advising on $3.4 billion worth of deals. Meanwhile, Canaccord Genuity Group led in volume terms by advising on a total of six deals.

“Greenhill & Co., though advised on only deal, was the only company that managed to surpass $1 billion mark in total deal value in Q1 2023. It also occupied the seventh position by volume,” said Aurojyoti Bose, lead analyst at GlobalData.

“Meanwhile, Canaccord Genuity Group registered improvement in deals volume, which helped in improving its ranking from 33 in Q1 2022 to the top position in Q1 2023. It also occupied the ninth position by value.”

Lazard and Mediobanca jointly occupied the second position by value with each advising on $900 million worth of deals, followed by Cormark Securities with $874 million and BMO Capital Markets with $839 million.

Meanwhile, Haywood Securities occupied the second position in terms of volume with three deals, followed by Cormark Securities with two deals, BMO Capital Markets with two deals and Red Cloud Securities Inc with two deals.