Verdant Capital 14th in DealMakers Africa league table
Verdant Capital achieved a top 15 ranking in the M&A league tables for Africa in 2015 published by DealMakers following their annual awards dinner in Johannesburg last week. The firm was one of a handful of specialist advisory firms, or boutiques, that finished in the top end of the rankings, and Verdant Capital finished above a number of large global and South African banking groups.
This outcome in the Africa league tables is consistent with themes in US and Western European markets, where “pure advisory” businesses have been winning market share from the commercial banking / broker-dealer groups, and now account for about a third of M&A volumes. This trend has been driven by regulatory change, as well as by growing recognition by clients, investors and other market professionals that there are limited synergies between the different product offerings in larger firms.