Goldman Sachs & Co. LLC and Skadden Arps Slate Meagher & Flom LLP were the investment bank and law firm that handled the largest volume of merger and acquisition deals through the first half of 2017, Bloomberg data show.
Goldman was involved in 151 deals worth over $318 billion, approximately 20.7 percent of market share. The brokerage ranked second in the first quarter of 2017 and first overall last year.
Skadden took on 108 deals worth more than $170 billion, representing 11.1 percent of the market share of global, announced deals. The law firm ranked second in the first quarter and fifth overall last year.
Davis Polk & Wardwell LLP, Cleary Gottlieb Steen & Hamilton LLP, Kirkland & Ellis LLP, and Sullivan & Cromwell LLP completed the list of top five law firms by volume. Each eclipsed $118 billion in deal volume.
Jones Day led the overall deal count, as it did in all of 2016, with 223, and Kirkland & Ellis LLP held the second spot with 192 deals.
On the financial side, Citigroup Inc. was second in deal volume with more than $262 billion over 114 deals. Morgan Stanley, which held the top spot in the first quarter of 2017, dropped to third place with slightly more than $235 billion.
Goldman and Rothschild & Co. were the top two by deal count with 151 and 149, respectively.
Most of the largest banks have experienced a dip in market share over 2016 levels.