M&A International Inc. member IBI Corporate Finance ranked as No. 1 financial advisor in Ireland by mergermarket

December 2009. M&A International Inc. member IBI Corporate Finance has been ranked as the No. 1 financial advisor in Ireland in the annual review of international mergers and acquisitions activity by specialist M&A publisher, mergermarket.  This is the fifth successive year that IBI has been ranked No. 1.

IBI topped the league table for the number of transactions on which it advised with a total of 10 qualifying deals in 2009.  It also advised on the highest value of deals in the Irish market with a cumulative deal value of US$1,168m for 2009. The company was also ranked top in 2008, 2007, 2006 and 2005.

Further consolidation expected in 2010

Commenting on the announcement, Roisin Brennan, IBI Executive Chairman, said: "We are delighted that the leading position of IBI Corporate Finance in the Irish corporate finance market has been reinforced by these statistics.  While economic and financial conditions remained difficult, M&A activity amongst Irish corporates continued in 2009 and reflected a mix of companies in pursuit of international expansion, disposing of non-core or under-performing operations and general distress M&A.  We expect to see further consolidation in 2010 in the face of ongoing challenging economic conditions with a cohort of ambitious Irish companies continuing to implement successful growth strategies."

About mergermarket

mergermarket covers corporate finance activity in Europe, North America, Latin America and the Asia-Pacific region.  mergermarket generates proprietary intelligence and delivers it, together with daily aggregated content, on its www.mergermarket.com platform.

About IBI Corporate Finance

IBI Corporate Finance is Ireland's leading corporate finance advisor, providing expert, independent advice. It acts for public, private and semi-state companies covering a wide spectrum of domestic and international transactions.

IBI Corporate Finance is a wholly-owned subsidiary of the Bank of Ireland Group and is the exclusive Irish member of M&A International Inc. www.ibicorporatefinance.ie

 

About M&A International Inc.

M&A International Inc. offers the unparalleled resources of over 600 professionals in 45 M&A advisory and investment banking firms operating in 42 countries. All our members are closely linked in a global alliance to advise clients on acquisitions, divestitures, funding and joint ventures. In 2008, our members closed 258 transactions worth $16.9 billion. www.mergers.net

For further information, please contact:

M&A International Inc.
Christopher Scales, Executive Director, +34 678 549 330, cps@mergers.net
Melanie Berthelot-Verhaeghe, Head of Marketing, +34 646 740 259, melanie.berthelot@mergers.net