S&C's M&A Financial Advisory Practice has continued its strong performance as counsel to financial advisers in global M&A transactions, advising on announced deals totaling $43 billion in the first quarter of this year. S&C was the top-ranked counsel to financial advisers in global M&A transactions for 2020, advising on deals totaling $264 billion, representing a 30 percent market share. As a leading law firm for global M&A transactions, S&C has advised financial advisers on more than 250 M&A transactions totaling $1.1 trillion in deal value since 2016.
 
S&C advised a broad range of leading financial advisers, including Barclays, Evercore, Goldman Sachs, Greenhill & Co., Guggenheim Securities, Morgan Stanley, Perella Weinberg Partners, Rothschild and UBS in, among others, the following M&A matters:

• Apollo Global in its $11 billion pending merger with Athene
• FLIR Systems in its $8 billion pending acquisition by Teledyne Technologies
• Jazz Pharmaceuticals in its $7.2 billion pending acquisition of GW Pharmaceuticals
• Acacia Communications in its $4.5 billion acquisition by Cisco
• McAfee in its $4 billion pending sale of its Enterprise business to a consortium led by Symphony Technology Group 
• Hygo Energy Transition, a 50-50 joint venture between Golar LNG and Stonepeak Infrastructure Fund II Cayman (G) Ltd., in its $3.1 billion pending acquisition by New Fortress Energy
• Allianz in its €2.5 billion pending purchase of the life and non-life insurance operations, as well as pension and asset management business from Aviva Group, and pending acquisitions of a majority stake in Aviva's life and non-life bancassurance joint ventures with Santander, setting Allianz to become the fifth largest insurer in Poland 
• Annaly Capital Management in its $2.3 billion pending sale of its Commercial Real Estate business to Slate Asset Management
• Glu Mobile in its $2.1 billion pending acquisition by Electronic Arts
• NextGen Acquisition Corp., a publicly traded SPAC, in its pending business combination with Xos Inc., which will result in Xos becoming a publicly listed company with a $2 billion equity value, and the $220 million PIPE in connection with the merger