이 기사는 2022년 04월 05일 08시05분 thebell에 표출된 기사입니다

Morgan Stanley and Deloitte Anjin came first and second on South Korea's mergers and acquisitions (M&A) advisor league table in the first quarter of this year.

Top 10 investment banks of the league table compiled by the bell advised on South Korean deals totaling 24 trillion won ($19.7 billion) in the first three months of 2022. Of the total, Morgan Stanley advised on three big deals totaling 4.78 trillion won, remaining the top M&A advisor in the country.

Morgan Stanley advised MBK Partners on the sale of Accordia Next Golf. North Asia-focused private equity firm MBK Partners acquired Accordia Golf in January 2017 and two years later bought Next Golf Management, formerly Orix Golf Management, in February 2019.

MBK Partners signed an agreement to sell Accordia Next Golf to SoftBank’s Fortress Investment Group at the end of last year in a landmark deal worth about 4.3 trillion won.

Deloitte Anjin took second spot with five deals worth 3.75 trillion won, accounting for 13.13% of the total. Deloitte Anjin was the sole advisor for IMM Private Equity’s acquisition of Hanssem for approximately 1.5 trillion won. The buyout firm and strategic partner Lotte Shopping bought about 30% of the country’s kitchen and interior furniture goods manufacturer from sellers including founder Cho Chang-gul and his seven specially affiliated entities in 2021.

Other deals Deloitte Anjin advised on included Hanwha Solutions’ 1 trillion won acquisition of RES France and 700 billion won sale of Alpensia Resort.

Samjong KPMG ranked third, advising on eight deals with a combined value of 3.56 trillion won. It advised on DTR Automotive on its takeover of Doosan Machine Tools in a 2.09 trillion won cash deal. It also led deals including SkyLake Equity Partners’ 560.3 billion won sale of TmaxSoft and GS Engineering & Construction and Glenwood Credit’s 290 billion won acquisition of S&I Engineering & Construction.

Samil PwC came in a close fourth, advising on 26 deals totaling 3.55 trillion won. It mostly led small and mid-sized deals, including a sale of Hanssem and an acquisition of Alpensia Resort.

Bank of America Merrill Lynch took fifth spot with only two deals totaling 3.13 trillion won. It advised a seller on 2 trillion won sale of Doosan Machine Tools and KDB Investment’s 2 trillion won sale of Daewoo Engineering & Construction to Jungheung.

JP Morgan was ranked number six, advising on deals totaling 1.24 trillion won. KB Securities, Deutsche Bank, Korea Development Bank and Mirae Asset Securities were other banks included in the top 10 M&A advisors in the first quarter’s league table compiled by the bell. (Reporting by Ha-na Suh)