The world of private equity (PE) and mergers and acquisitions (M&A) in India has witnessed a remarkable year in 2023, with substantial deals and strategic transactions taking centre stage. To shed light on the firms that have played pivotal roles in shaping the landscape, the Venture Intelligence League Tables have revealed their list of the “Top 20 Advisors in PE” for the year. This exclusive initiative meticulously tracks transactions involving India-based companies, emphasizing the value of PE and M&A transactions advised by transaction advisory firms. In this article, we will explore the top 20 advisors in India’s dynamic PE sector, showcasing the firms significantly impacted during the calendar year 2023.
1- Allegro Advisors:
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- Number of Deals: 4
- Amount ($M): 2,463
Allegro Advisors secured the top spot in the Venture Intelligence League Tables for PE advisors, with four impressive deals totalling a remarkable $2,463 million transaction value.
2 – Avendus:
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- Number of Deals: 17
- Amount ($M): 2,248
Avendus comes in at a solid second place, having advised on a remarkable 17 deals with a combined value of $2,248 million.
3- Jefferies & Co.:
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- Number of Deals: 1
- Amount ($M): 1,104
Jefferies & Co. clinched the third spot, with one notable deal amounting to a substantial $1,104 million.
4- Ernst & Young:
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- Number of Deals: 12
- Amount ($M): 1,057
Ernst & Young takes fourth place, participating in 12 deals and contributing to a total transaction value of $1,057 million.
5- ICICI Securities:
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- Number of Deals: 8
- Amount ($M): 509
ICICI Securities earned the fifth position with eight deals amounting to $509 million, underlining their significant role in the PE sector.
6- JP Morgan:
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- Number of Deals: 2
- Amount ($M): 500
JP Morgan secured sixth place with two significant deals, cumulatively worth $500 million, showcasing their prowess in the PE advisory realm.
7- Veda Corporate Advisors:
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- Number of Deals: 11
- Amount ($M): 487
Veda Corporate Advisors takes the seventh position, advising on 11 deals and contributing to a transaction value of $487 million.
8- PwC:
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- Number of Deals: 5
- Amount ($M): 305
PwC is in eighth place, participating in five deals with a combined value of $305 million, highlighting its strong presence in the PE advisory sector.
9- Morgan Stanley:
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- Number of Deals: 1
- Amount ($M): 250
Morgan Stanley secures the ninth position with one deal valued at $250 million, emphasizing their impact on the Indian PE landscape.
10- Aeka Advisors:
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- Number of Deals: 3
- Amount ($M): 228
Aeka Advisors round out the top ten advisors in PE, participating in three deals with a combined value of $228 million.
11- Ambit:
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- Number of Deals: 6
- Amount ($M): 204
12- Investec:
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- Number of Deals: 4
- Amount ($M): 157
13- o3 Capital:
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- Number of Deals: 5
- Amount ($M): 153
14- IndigoEdge:
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- Number of Deals: 7
- Amount ($M): 149
15- Unitus Capital:
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- Number of Deals: 13
- Amount ($M): 127
16- Rothschild:
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- Number of Deals: 1
- Amount ($M): 120
17- Upwisery:
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- Number of Deals: 10
- Amount ($M): 97
18- Nomura:
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- Number of Deals: 1
- Amount ($M): 90
19- JM Financial:
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- Number of Deals: 1
- Amount ($M): 90
20- Deloitte:
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- Number of Deals: 1
- Amount ($M): 90
21- Dexter Capital:
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- Number of Deals: 10
- Amount ($M): 87
22- Lincoln International:
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- Number of Deals: 1
- Amount ($M): 75
The Venture Intelligence League Tables for 2023 have unveiled the top 20 advisors in India’s thriving PE and M&A landscape, reflecting a year of remarkable deals and transactions. These advisory firms have played crucial roles in shaping the future of Indian businesses and the financial sector. Their expertise and strategic insights have contributed to the growth and development of companies, making India a hub for innovative investments and strategic partnerships. The success of these top advisors highlights their commitment to excellence and their role in driving India’s economic growth through private equity and mergers and acquisitions.
