Kirkland & Ellis has emerged as the top legal adviser for mergers and acquisitions (M&A) by both value and volume in technology, media & telecom (TMT) sector for Q1 2021, having advised on 86 deals worth USD55.6 billion.
A total of 3,009 M&A deals were announced in the sector during Q1 2021, according to GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Global and Technology, Media & Telecom M&A Report Legal Adviser League Tables Q1 2021’, deal value for the sector increased by 88 per cent from USD175 billion in Q1 2020 to USD329 billion in Q1 2021.
Latham & Watkins occupied the second position by value with 50 deals worth USD49 billion followed by Skadden, Arps, Slate, Meagher & Flom with 27 deals worth USD42.1 billion and Paul Weiss Rifkind Wharton & Garrison with 25 deals worth USD37.5 billion.
Latham & Watkins also occupied the second position by volume followed by Willkie Farr & Gallagher with 35 deals worth USD15.1 billion and DLA Piper with 33 deals worth USD5.2 billion.
Reae more at Private Equity Wire
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