S&C Leads Global M&A Financial Advisory Rankings for First Half of 2022

July 19, 2022

S&C's M&A Financial Advisory Practice led all law firms in global financial advisory M&A transactions in the first half of 2022, advising on $248 billion of announced deals. Since 2017, S&C has counseled financial advisers on more than 250 M&A transactions totaling $1.3 trillion in deal value.
The Firm advised Barclays, BofA Securities, Duff & Phelps, Evercore, Goldman Sachs, Houlihan Lokey, J.P. Morgan, Lazard and Rothschild in their capacity as financial advisers in, among others, the following announced M&A matters during the first half of  2022:

  • VMware in its $61 billion pending acquisition by Broadcom
  • HDFC Limited in its $60 billion pending merger with HDFC Bank
  • Firmenich in its pending business combination with DSM, reflecting a market capitalization for DSM of €25.3 billion
  • 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 pending acquisition by an investor group led by Permira and Hellman & Friedman
  • Mindtree in its $7.5 billion pending combination with Larsen & Toubro Infotech 
  • PotlatchDeltic in its pending combination with CatchMark Timber Trust to create a company with a total enterprise value of more than $5 billion
  • ManTech International in its $4.2 billion pending acquisition by funds managed by Carlyle
  • Bungie in its $3.6 billion acquisition by Sony Interactive Entertainment
  • HP Inc. in its $3.3 billion pending acquisition of Poly
  • Chardan NexTech Acquisition 2 Corp. in its $500 million pending combination with Dragonfly Energy that will result in Dragonfly becoming a publicly listed company
  • Spirit Airlines in the Spirit board's evaluation of the updated proposal from JetBlue Airways to acquire Spirit
S&C partners involved in these matters include Stephen Kotran, Keith Pagnani, Alison Ressler, George Sampas, John Savva, Melissa Sawyer and York Schnorbus.