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BMO Capital Markets ranked top mining M&A adviser of 2021 – report

Financial District, Toronto. Credit: Wikimedia Commons

BMO Capital Markets was the top mergers and acquisitions (M&A) financial adviser in the metals & mining sector for 2021, according to London-based data analytics and consulting firm GlobalData.

Out of the 1,502 M&A deals that were announced in the sector during 2021, BMO Capital Market advised on 19 deals with a total value of $20.5 billion, GlobalData’s latest report shows (see table below).

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According to GlobalData’s estimates, total deal value for the metals & mining sector increased by 81.4% over the past calendar year, from $61.3 billion in 2020 to $111.2 billion in 2021.

“There was no competition for BMO Capital Markets in securing the top spot, both in terms of deal value and volume. MO Capital Markets was the only advisor to surpass the $20 billion mark, while the number of deals advised by the firm was a little shy of touching the 20 mark,” said Aurojyoti Bose, lead analyst at GlobalData.

Trinity Watthana Public Company occupies the second position in terms of value, with eight deals worth $12.7 billion, followed by CIBC Capital Markets (six deals worth $12.7 billion), TD Securities (four deals worth $11.8 billion) and Bank of America (two deals worth $11.4 billion).

Canaccord Genuity Group occupies the second position in terms of volume, with 10 deals worth $4 billion, followed by Trinity Watthana Public, RBC Capital Markets (eight deals worth $6.8 billion) and Haywood Securities (eight deals worth $314 million).