2021 | Investment Banking

  • Senior Appointments in Healthcare, FIG, Industrials, Technology and Real Estate

  • c.190 Deals Advised

  • #3 Independent advisor to PE houses in Europe and #4 Independent advisor in Europe

The investment banking market has demonstrated a great momentum through the last two years. In an operating environment in which uncertainty abounds, global M&A volumes topped $5tn for the first time, according to Refinitiv, up 64% from 2020.

The acceleration of technology adoption, as well as other innovative capabilities motivated by the pandemic, has resulted in strategic acquisitions from companies seeking a distinctive competitive advantage. This context reaffirms the need for independent advisory services aligned with the interests of clients and investors that deliver the right solutions across economic cycles.

In answer to the multiple variables shaped by the post-pandemic scenario, Alantra specialises in advising on unique and complex transactions.

Some of the noteworthy transactions we successfully closed this year included advising ARYZTA on the sale of its North American and Latam operations to Lindsay Goldberg and Grupo Bimbo, advising Foster + Partners on its strategic partnership with Hennick & Company, advising Equistone and the management team on the sale of Oikos to Goldman Sachs, advising Aspyr Media on its sale to Embracer Group for up to $450m, advising Provalliance’s shareholders on the sale of a majority stake to Core Equity Holdings, and advising the shareholders of global beauty business Pangaea on its investment from Inflexion.

These transactions exemplify the Investment Banking team’s ability to advise intricate and global deals, offering flexible, independent, and professional solutions. Our approach enabled us to reach one of the top positions in Mergermarket’s latest league tables, ranking as the #3 independent advisor to Private Equity Houses in Europe, and the #4 to Independent Advisor in Europe by the number of deals advised.

Europe league table by deal count1

1Mergermarket league table (by volume) of financial advising on announced transactions across Europe in 2021. The ranking includes only independent advisory firms.

Europe Buyouts league table by deal count2

2Mergermarket league table (by volume) of financial advising on announced transactions across the globe in 2021. The ranking includes only independent advisory firms.

Sectors best able to respond to a changed landscape, such as technology and healthcare, have become unstoppable market trendsetters during 2021 and have been key drivers for M&A activity across all regions.

Within Alantra, Technology was the leading sector representing 27% of our total investment banking activity this year. Deal activity in this sector arose in Technology-Enabled Services, Software and SaaS, Internet & Digital Media, and FinTech, amongst others.

The Healthcare & Pharma sector also found plenty of opportunities to invest and grow, as private equity and corporate capital drove great demand across the sector. The Healthcare & Pharma sector represented 9% of Alantra’s deal activity, with Nursing Homes deals, Hospitals and Clinics, and Biotech and Life Sciences performing strongly, amongst others.

2021 Sector Coverage

In 2021, the firm branched out into new sectors while reinforcing existing ones by bringing on a US health team, an Iberian FIG team, making Industrials and Technology hires in Germany, incorporating a UK software team, adding a Real Estate and Hospitality team in France, and a Debt Advisory team in Italy. This resulted in the hiring of 30 senior professionals.

With market activity expected to continue in 2022, Alantra is in great shape to continue delivering expert advice and solutions to clients and investors to achieve their goals.

Highlighted Transactions