Arthur Cox tops M&A table as market remains ‘resilient’ in face of Covid-19
Arthur Cox has advised on 33 deals worth €1.7 billion in the year to date, more than any other Irish law firm by volume or value.
The latest Experian M&A Review reports that deal-making in Ireland has “proved resilient in the face of the Covid-19 pandemic” with 325 deals over the year to date, a decline of less than four per cent on the 337 transactions over the same period in 2019.
The total value of deals in the year to date is €8.1 billion, more than €60 billion under the total for Q1-Q3 2019, but last year’s figures were “somewhat skewed by the blockbuster Abbvie/Allergan combination”, the report said.
The most prolific legal advisers after Arthur Cox were Flynn O’Driscoll with 31 transactions; Matheson with 22; McCann FitzGerald with 15; LK Shields LLP with 13; ByrneWallace with 12; William Fry with 10; Eversheds Sutherland with nine; A&L Goodbody with eight; and Philip Lee with eight.
In terms of value, Matheson made second place with deals worth €689 million, followed by ByrneWallace with €512m; Kirkland & Ellis with €451m; A&L Goodbody with €417m; Goodwin with €380m; Stikeman Elliott with €378m; Sullivan & Cromwell with €353m; Shearman & Sterling with €353m; Fasken with €353m; McCarthy Tetrault with €353m; and McMillan with €353m.