Iberian Market - Annual 2016

January 2017
Iberian Market - Annual 2016
Pages: 51
Format: .PDF

SPAIN
In 2016, the Spanish transactional market registered 2,023 mergers and acquisitions with an aggregate value of EUR 111bn, entailing an increase of 1.86% in the number of transactions and of 10.16% in their value.

 In sectorial terms, the most prominent sector in 2016 was real estate, with 514 transactions. A distant second was technology, with 195, Internet, with 160, and financial and insurance, with 157.

The period between 1 October and 31 December 2016 registered 551 transactions with an aggregate value of EUR 24.23bn, entailing a 0.36% increase in the number of transactions compared to 4Q15 and an 8.11% decrease in their value.

PORTUGAL
Portugal's merger and acquisition market registered 300 transactions in 2016, according to Transactional Track Record's annual report in partnership with Intralinks. 123 operations had their values disclosed and sum approximately € 12 billion, a reduction of 34% compared to the previous year. The real estate was the most dynamic subsector for the second consecutive year.

Since 2010, US-based companies were the most interested and active bidder in Portugal's market, although in 2016, Spain had stood out in the negotiations. The attractive businesses for foreign investors were in Technology and Real Estate segment.

The highlight deal of 4Q16 was the completion of the acquisition of the Ascendi Group's privately owned companies by the private equity firm Ardian for € 600 million.


In collaboration with: INTRALINKS

 

Urbaser - Company dedicated to the provision of environmental services.

Financial Advisors

Legal Advisors

Ascendi PT - Company dedicated to the management and administration of road infrastructure.

Ascendi PT II - Company that operates in the road infrastructure sector.

Financial Advisors

Legal Advisors

- Annual Ranking 2016 -
Spain
Mergers and Adquisitions - Spain
Financial Advisors
By total value of transactions
Ranking
2016
Financial Advisor Total value
(EURm)
 
1 BNP Paribas 15.056,70
 
2 Morgan Stanley 8.250,58
 
3 Banco Santander 7.103,53
 
4 Goldman Sachs 6.615,58
 
5 BBVA 6.366,23
 
6 AZ Capital 4.443,12
 
7 Citigroup 4.290,84
 
8 HSBC 2.233,00
 
9 Lazard 1.670,61
 
10 Bank of America 1.478,00
 
By No. of transactions
Ranking 2016 Financial Advisor No. of Transactions
 
1 BBVA 20
 
2 Banco Santander 16
 
3 Eurohold 11
 
4 BNP Paribas 10
 
5 Arcano 8
 
6 ONEtoONE Corporate Finance 8
 
7 Alantra 7
 
8 Montalbán Atlas Capital 7
 
9 PKF ATTEST 7
 
10 AZ Capital 6
Mergers and Adquisitions - CONSULTANTS
Global
By No. of transactions
Ranking
2016
CONSULTANT Total value
(EURm)
 
1 Deloitte 21.307,75
 
2 PwC 13.614,82
 
3 KPMG 8.077,88
 
4 EY 3.334,30
 
5 Grant Thornton 3,00
 
6 BDO -
 
By total value of transactions
Ranking 2016 CONSULTANT No. of Transactions
 
1 PwC 115
 
2 Deloitte 64
 
3 EY 48
 
4 KPMG 44
 
5 Grant Thornton 4
 
6 BDO 2
 
Financial Advisor
By total value of transactions
Ranking
2016
CONSULTANT
Total value
(EURm)
 
1 Deloitte 19.992,75
 
2 PwC 13.614,82
 
3 KPMG 1.915,88
 
4 EY 1.157,50
 
5 Grant Thornton 3,00
 
6 BDO -
 
By No. of transactions
Ranking 2016 CONSULTANT No. of Transactions
 
1 PwC 115
 
2 Deloitte 61
 
3 EY 40
 
4 KPMG 39
 
5 Grant Thornton 3
 
6 BDO 2
 
Due diligence
By total value of transactions
Ranking
2016
CONSULTANT
Total value
(EURm)

 
1 PwC 10.815,42
 
2 KPMG 6.162,00
 
3 Deloitte 3.759,50
 
4 EY 3.115,16
 
5 Grant Thornton -
 
By No. of transactions
Ranking 2016 CONSULTANT No. of Transactions
 
1 PwC 48
 
2 EY 32
 
3 Deloitte 20
 
4 KPMG 7
 
5 Grant Thornton 1
 
Legal Advisor
By total value of transactions
Ranking
2016
Legal Advisor
Total value
(EURm)
 
1 Deloitte Abogados 8.295,71
 
2 PwC Tax & Legal 6.281,76
 
3 KPMG Abogados 1.094,72
 
2 EY Abogados 124,00
 
By No. of transactions
Ranking 2016 Legal Advisor No. of Transactions
 
1 PwC Tax & Legal 69
 
2 Deloitte Abogados 33
 
3 KPMG Abogados 13
 
4 EY Abogados 2
Mergers and Acquisitions - Spain
Legal Advisors
By total value of transactions
Ranking 2016 Legal Advisor Total Value (EURm)
 
1 Uría Menéndez 17.885,52
 
2 Allen & Overy

 

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