DLA Piper Tops Global M&A Legal Advisor League Table
DLA Piper is ranked first in the global M&A legal advisor by deal volume league tables produced by Mergermarket for H1 2010. The international legal practice advised on a total of 138 deals during this period, an increase of 35 per cent from its third position in H2 2009 with 102 deals, despite persistent challenging market conditions.
Juan Picon, EMEA Group Head of Corporate at DLA Piper, said: "While market activity levels are still subdued, our corporate practice has proved to be very resilient over the past six months with the volume of deals continuing to rise. The strength of our global team and our international presence has attracted major clients and since January we have acted on an increasing number of large private equity deals.
"The turbulent economic climate has been a catalyst for clients to take a fresh look at which firms are best placed to provide quality and cost effective legal advice. DLA Piper has benefitted from this re-ordering of the status quo and will continue to do so in the emerging new global economy."
"DLA Piper's full-range of corporate M&A and supporting services, including global post-merger integration, have enabled us to act as counsel global counsel on a large number of complex transactions," added Jonathan Klein, Chair of DLA Piper's US M&A Practice.
"Our platform offers significant advantages to clients with transactions that involve multiple jurisdictions. The mergermarket results are yet another testament to our talented team of M&A attorneys."
Recently, DLA Piper has advised on key transactions across the world including KKR's acquisition of Pets at Home for £955m (UK); Pfizer's divesture of a material portion of Pfizer's and Wyeth's animal health business to Boerhinger Ingelheim Vetmedica, Inc. (US); and Qingdao Haier Co, Ltd. on its acquisition of a 31.93% stake in Haier Electronics Group Company Limited for HK$1,941,345,330 (China).
DLA Piper also ranked number one by deal volume in the China and US M&A legal advisor rankings. In the Asia Pacific region the total volume of M&A transactions DLA Piper advised on rose by 90 per cent compared to the same time period last year.