Also advising on this deal were Abernathy MacGregor Group, which has subsequently moved up from fifth place in the value table at year end 2007 to be the number two during the first quarter, having advised on 28 deals worth a total of $16.3 billion.
An unfamiliar name on both lists was Cubitt Jacobs & Prosek, which advised on the tenth largest transaction of the quarter, First Reserve’s $2.3 billion bid for CHC Helicopter Corporation, ranking seventh in the value rankings and eighth in the volume rankings.
M&A deal values and volumes are considerably down in North America in the first quarter of 2008 compared to the last quarter of 07 and compared to the same period last year. M&A in the region for Q1 2008 stands at 910 deals worth a total of $146.4 billion, down 39 percent by value from last quarter, and 63 percent from the same period last year.
Financial services in