LONDON—Brunswick Group, FD and Finsbury top the league table of European public relations advisors on mergers and acquisitions during the first quarter, according to mergermarket rankings published this week, although the quarter was the worst in six years by both value and volume of deals.
Brunswick was number one in terms of value, working on 21 deals worth $66 billion, coming in ahead of FD (14 deals worth $16 billion) and Finsbury (12 deals worth $47 billion), with Maitland, Italy’s Barabino & Partners, and Citigate all tied with 10 deals each.
Brunswick also led the rankings in terms of value of deals handled, ahead of Finsbury and U.S. consultancy Kekst & Company (three deals worth $47 billion).
Finsbury led the U.K. league tables by both volume and value (10 deals worth $27 billion), with FD and Maitland in second and third spots by value, and Brunswick and FD in second and third by volume.
Hering Schuppener led the German rankings by both value and volume; Image Sept led the French rankings by volume, working on seven deals ahead of Citigate (four deals); while Barabino & Partners led the Italian rankings by volume (nine deals).
The first quarter of 2009 saw a total of 657 deals valued at $108 billion, a decrease of 64 percent by value and 58 percent by volume from the first quarter of 2008. Activity in Europe was down 32 percent from the previous quarter.