A&L Goodbody LLP (ALG) was the leading legal advisor on more Irish M&A transactions than any other law firm in 2022 for the second year running, according to international intelligence publication Mergermarket.
ALG acted on 43 M&A transactions based on Mergermarket reporting criteria of a transaction value of US$5m or more. Notable deals included acting for:
Sumitomo Mitsui Financial Group on its €6.4bn acquisition of aviation finance group Goshawk Management Ltd
Hibernia REIT on its €1.1bn acquisition by Brookfield Asset Management
Ulster Bank on the acquisition of its tracker mortgage book by AIB for €432m as part of its overall role as lead counsel for Natwest on its disposal of Ulster Bank's Irish operations
ABC Fitness Solutions LLC, a Thoma Bravo portfolio company, on their acquisition of Zappy Limited t/a Glofox
Commenting on the Mergermarket rankings, Richard Grey, Head of M&A at ALG, said: "M&A activity in Ireland slowed last year following a bumper year in 2021. This is mainly due to uncertain global market conditions leading to some investors slowing portfolio growth together with the increased cost of debt impacting on the level of highly leveraged transactions. However, we still saw healthy levels of private equity activity together with an increased focus on public to private transactions during the year. We increased our market share in the Irish legal M&A sector working on some of Ireland's biggest deals and using our breadth of experience to provide clients with the highest quality advice."
Read Mergermarket's Global & Regional M&A Report for 2022 here.