DealZone

Keeping score: JPMorgan leads the mid-market

August 11, 2009

Thomson Reuters data for July show the so-called “mid-market”, of deals below $500 million, has come off slightly compared to the month before, and steeply compared to the same month a year ago.

Year-to-date, JPMorgan is the busiest bank by dollar value of deals, displacing Credit Suisse, which falls from 1st to 6th. Freshfields overtakes Clifford Chance as the busiest legal outfit. A few highlights from the report:

“Global Mid-Market deal activity for July at US$40.8bn from 2,940 deals, down 6% from US$43.3bn from 3,284 deals in June. Down 42% compared to US$70.2bn from 3,627 deals in July 2008

“EMEA Mid-Market M&A activity for July at US$10.6bn (26% of total global mid-market activity), down 8.5% from June’s US$11.6bn, but down 54% compared to July 2008.

“JP Morgan topped the European Mid-Market M&A rankings, up from second position for the same period in 2008.

“Freshfields Bruckhaus Deringer ranked top legal adviser with 5.2% market share, up from second position for same period 2008″

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