E&Y, AZB, Amarchand Mangaldas Top H1’12 League Tables

July 19, 2012 - PRLog -- Ernst & Young, which advised a total of 26 transactions, topped the Venture Intelligence India League Tables as the Most Active Transaction Advisor (for both Private Equity and M&A deals) in the six months ended June 2012. AZB & Partners topped the Most Active Legal Advisor Table for Private Equity transactions and Amarchand & Mangaldas topped as the Most Active Legal Advisor for M&A transactions in the same period.

The Venture Intelligence League Tables, the first such initiative exclusively tracking transactions involving India-based companies, are based on volume of PE and M&A transactions advised by Transaction and Legal Advisory firms.

Private Equity Deals

Ernst & Young advised 15 PE deals during the period, including 3i’s investment in Supreme Infrastructure India's road projects and IDFC PE’s investment in Star Agri Warehousing and Collateral Management. Other transaction advisors who advised a significant number of PE deals during the six months ended June 12 include Kotak Mahindra Capital Company and Unitus Capital (with 4 deals each), and o3 Capital and Avendus (with 3 deals each).

Among legal advisors, AZB advised 16 deals during the period including GIC’s investment in Vasan Healthcare and the investment by Warburg Pincus in Future Capital Holdings. Other legal advisors who advised a significant number of PE transactions during the period include Amarchand & Mangaldas with 12 deals and ALMT Legal and K Law with 10 deals each. Trilegal advised 9 deals, while Narasappa, Doraswamy & Raja, Nishith Desai Associates and Tatva Legal advised 7 deals each.

M&A deals

Ernst & Young advised 11 M&A deals during H1’12 including Panasonic Corp's acquisition of Firepro Systems and the Satyam Computer-Tech Mahindra merger. Other transaction advisors who had advised a significant number of M&A deals during the six months ended June 12 include Deloitte (8 deals), BMR Advisors (6 deals) and Avendus (4 deals).

Among legal advisors, Amarchand & Mangaldas advised 15 deals during the period, including Piramal Healthcare’s acquisition of Decision Resources Group and L&T Finance’s acquisition of Fidelity’s Mutual Fund business in India. Other legal advisors who advised a significant number of M&A transactions during the six months ended June ‘12 include Khaitan & Co. (11), AZB & Partners and Rajani Associates (10 deals each) and DSK Legal with 6 deals.

The full league tables can be viewed online at http://ventureintelligence.in/league.htm