S&C’s M&A Financial Advisory Practice led all law firms in global financial advisory M&A transactions in 2022, advising on nearly $309 billion of announced deals. Since 2017, S&C has counseled financial advisers on more than 300 M&A transactions totaling more than $1.3 trillion in deal value.
The Firm advised Barclays, BofA Securities, Centerview Partners, Duff & Phelps, Evercore, Goldman Sachs, Guggenheim Securities, Houlihan Lokey, J.P. Morgan, Lazard Frères, Morgan Stanley and Rothschild in their capacity as financial advisers in announced M&A matters during 2022. These matters include advising :
- VMware in its $61 billion pending acquisition by Broadcom
- HDFC Limited in its $60 billion pending merger with HDFC Bank
- Twitter in its $44 billion acquisition by an entity wholly owned by Elon Musk
- Firmenich in its pending business combination agreement with DSM to establish the leading creation and innovation partner in nutrition, beauty and well-being, reflecting a market capitalization for DSM of €25.3 billion
- A consortium of funds led by Global Infrastructure Partners and KKR in a public tender offer for the outstanding freefloat of c. 18.3% and a strategic co-control partnership with Vodafone for Vodafone’s c. 81.7% stake in Vantage Towers
- Emerson in its $14 billion pending sale of a majority stake in its Climate Technologies business to private equity funds managed by Blackstone
- Zynga in its $12.7 billion acquisition by Take-Two Interactive
- Anaplan in its $10.7 billion acquisition by Thoma Bravo
- Zendesk in its $10.2 billion acquisition by an investor group led by Permira and Hellman & Friedman
- Spirit Airlines in its $7.6 billion pending merger with JetBlue Airways
- Mindtree in connection with its and LTI’s, both independently listed IT services companies under the Larsen & Toubro Group, $7.5 billion combination
- Pfizer in its $5.4 billion acquisition of Global Blood Therapeutics
- Mandiant in its $5.4 billion acquisition by Google
- Vivint Smart Home in its $5.2 billion pending acquisition by NRG Energy
- Altra Industrial Motion Corp. in its $5 billion pending acquisition by Regal Rexnord
S&C partners involved in M&A financial adviser matters in 2022 included Stephen Kotran, Frank Aquila, Carsten Berrar, Max Birke, Matt Goodman, Matt Hurd, Eric Krautheimer, Keith Pagnani, Alison Ressler, George Sampas, Melissa Sawyer, John Savva, York Schnorbus and Konstantin Technau.