J.P. Morgan and Houlihan Lokey led the mergers and acquisitions (M&A) financial advisory rankings in the consumer sector for the first half (H1) of 2025, in terms of value and volume, respectively, according to the latest financial advisers league table by leading data and analytics company GlobalData.
J.P. Morgan topped by deal value, with $7.2bn in advised deals.
In the value-based rankings, Citi secured the second place with $4.5bn in advised deals.
It was followed by Centerview Partners at $2.7bn, Goldman Sachs at $2.5bn, and Barclays at $2.3bn.
Meanwhile, Houlihan Lokey led by deal volume with advisory on ten transactions.
Rothschild & Co, PwC, and Spayne Lindsay & Co. each advised on nine deals. Deloitte and KPMG tied for fifth, each handling eight deals.
GlobalData lead analyst Aurojyoti Bose said: “Both J.P. Morgan and Houlihan Lokey were the top advisers by value and volume, respectively, in H1 2024, and managed to retain their respective leadership positions by these metrics in H1 2025 as well.
“Despite registering a year-on-year decline in the total number of deals advised by it, Houlihan Lokey was the only adviser to hit double-digit deal volume during H1 2025.
“Meanwhile, J.P. Morgan experienced around 10% growth in the total value of deals advised by it during H1 2025 compared to H1 2024. Apart from leading by value, JP Morgan also held the seventh position by volume during H1 2025.”
GlobalData’s league tables are based on the real-time tracking of thousands of company websites, advisory business 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 of the data, the company also seeks submissions of deals from leading advisers.
