BDO Deal Advisory scores top positions in industry league tables

Based on exceptional performance in 2023, BDO has been announced as the No.1 Financial Advisor Globally(1) in the Factset league tables 2023(2), placed second in the MergerMarket Global Financial Due Diligence provider rankings(3) and been named by Pitchbook(4) as the Most active M&A Advisor and the Most active Advisor & Accountant(5) globally.



Despite a significant global downturn in merger and acquisition volumes during 2023, BDO’s Deal Advisory teams across the organisation’s global footprint successfully completed 1,744 deals during the year, of which 31% were private equity and 21% were cross border.
Jay Duke, Global Head of Advisory at BDO said, “2023 was a challenging year for M&A, but our international teams continued to deliver exceptional client service and secure top positions in industry league tables.  These results are a testament to their efforts and our ongoing commitment to provide global solutions and add value to the businesses that we serve.”

- BDO's International M&A team works very closely together. It comes as no surprise that the work of BDO's Corporate Finance Team globally is recognised and rewarded. Such results are something to be proud of. Our Polish Transaction Advisory Services team participates in cross-border transactions handled by BDO, and we also support significant transactions and projects on the Polish market. So we have made our small contribution to this success. I would like to thank each and every member of our team for their commitment and the projects they have completed which have contributed to this success. It is also worth mentioning that probably two of the three largest M&A transactions on the Polish market in 2023 involved our audit clients. The Kulczyk Investment Group sold Autostrady Wielkopolskie for PLN 3 billion (both entities are audited by BDO), and the multinational Entain acquired our client, the listed STS Group, for PLN 3.9 billion. In 2023, there were 284 transactions in Poland worth €7.45 billion*. Poland is the leading M&A market in Central and Eastern Europe, which opens up opportunities for further development in this area - comments Tomasz Reiter, Partner, Member of BDO's Management Board.

Partnering with clients in sectors including TMT, Manufacturing & Engineering, Financial Services, Healthcare, and Professional and Business services, BDO’s national and international cross-service teams provide clients with a one-stop solution for accounting, taxation, and strategic issues within the deal advisory space.  With over 2,500 corporate finance experts in 120 countries, BDO’s deal advisory team offers a suite of complimentary services to clients including due diligence provision in commercial, ESG, IT and Tax areas, value creation and post-merger integration services, cyber security, and restructuring - alongside traditional corporate finance.


 

* Source: CMS Emerging Europe M&A 2023/24 Report