GlobalData, a leading data and analytics company, has revealed its league tables for top 10 financial advisers by value and volume in metals & mining sector for Q1 2021 in its report, ‘Global and Metal & Mining M&A Report Financial Adviser League tables Q1 2021’.

According to GlobalData’s M&A report, a total of 374 mergers and acquisitions (M&A) deals were announced in the sector during Q1 2021, while deal value for the sector increased by 8.3% from $12bn in Q1 2020 to $13bn in Q1 2021.

Top Advisers by Value and Volume

TD Securities was the top M&A financial adviser in the metals & mining sector for Q1 2021 by volume, while Goldman Sachs and Perella Weinberg Partners jointly held the top position by value.

Both Goldman Sachs and Perella Weinberg Partners advised on one deal each worth $1.7bn, which was the highest value among all the advisers.

Meanwhile, TD Securities led in volume terms having advised on three deals worth $1.2bn.

GlobalData lead analyst Aurojyoti Bose said: “Goldman Sachs, Perella Weinberg Partners and TD Securities were the only three advisors to cross the $1bn mark in total value. While Goldman Sachs and Perella Weinberg Partners managed to advise on billion-dollar deal and went ahead to lead by value, TD Securities, though not able to advise on any billion-dollar deal, managed to occupy the next position by value apart from leading by volume.”

TD Securities also occupied the third position in terms of value followed by JP Morgan with one deal worth $809m, BMO Capital Markets with two deals worth $614m and CIBC Capital Markets with two deals worth $535m.

Canaccord Genuity Group occupied the second position by volume with three deals worth $459m. BMO Capital Markets and CIBC Capital Markets occupied the third and fourth position by volume, respectively.

GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.

To ensure further robustness to the data, the company also seeks submissions from leading advisers, through adviser submission forms on GlobalData’s website.