MID-MARKET M &A M&A REVIEW

Transcription

1 MIDMARKET MARKET M&A REVIEW LEGAL ADVISORS First Half 0

2 First Half 0 Mergers & Acquisitions MidMarket M&A Legal Review Table of Contents Worldwide MidMarket M&A Deals Intelligence Worldwide MidMarket Rankings (MML0) US Target MidMarket Rankings (MML0) Latin America Involvement MidMarket Rankings (MML) European Involvement MidMarket Rankings (MML0) UK Involvement MidMarket Rankings (MML0) French Involvement MidMarket Rankings (MML0) German Involvement MidMarket Rankings (MML0) Italian Involvement MidMarket Rankings (MML0) Spanish Involvement MidMarket Rankings (MML0) Nordic Involvement MidMarket Rankings (MML0) Benelux Involvement MidMarket Rankings (MML) Eastern Europe Involvement MidMarket Rankings (MML) Hochinma Involvement MidMarket Rankings (MML) Hong Kong Involvement MidMarket Rankings (MML) Australia/New Zealand Involvement MidMarket Rankings (MML) Singapore Involvement MidMarket Rankings (MML) Japanese Involvement MidMarket Rankings (MML) Chinese Involvement MidMarket Rankings (MML0) Indian Involvement MidMarket Rankings (MML) 0 Ranking Criteria Summary

3 M&A Rankings For SmallCap Deals Valued Up To USm Are Also Available First Half 0 DEALS VALUED UP TO US0 MILLION MIDMARKET M&A LEGAL REVIEW MidMarket Deals Intelligence Worldwide announced MidMarket M&A deals valued up to 0 million (including undisclosed value deals) totaled US$. billion in the first half of 0 a.% decrease from the first half of 0. Worldwide MidMarket M&A up to US0m by Rank Value Range,000 The Americas region (by target domicile) led the market, with US$. billion of announced deal activity, respresenting a % market share, up.% yearonyear. The European region (by target domicile) led the market in number of deals announced, with, deals for the first half, or.% of the, deals announced worldwide. The Real Estate sector comprised 0.% of announced value, followed by and, representing.% and.% of the total market, respectively. 0 $ $0,000,000,000,000 captured the largest share of worldwide deal count, advising on midmarket M&A deals in the first half of 0. White & Case led the value rankings, with a total of $. billion of Rank Value. Announced MidMarket M&A by Target Nation Up To US0m Jan Jun 0 //0 /0/0 //0 /0/0 % Region/Nation Rank Value US$m # of Deals Rank Value US$m # of Deals Rank Value Worldwide,.,,0.,.0 Americas,.,0,.0,. United States of America,0.,,.,. Canada,0.,.. Brazil,,.. Mexico,., 0. Peru,. 0,00.. Chile,.,0.. Guatemala.0 Europe,., 0,0.,0. United Kingdom,0.,0,.,. Germany,.,. 0. France,.,.. Russian Federation,.,.,. Spain,. 0,.. Sweden,.,.. Italy,.,.. Turkey,0.,.. Norway,0., Poland,0.,.. Netherlands,.0,..0 Africa/Middle East/Central Asia,,.. Israel,. 0,.. South Africa,.,0.. AsiaPacific (ex Central Asia),.,00,0., 0. China,0.,00,.,. Australia,.,. 0. South Korea,.,.. Hong Kong,.,.. India,.,.. Singapore,.,.. Malaysia,.,.. New Zealand Indonesia,0.,0. 0.,0... Japan,.,.,0.,000,000 US0 00m US$0 00m US 0m US 0m Worldwide MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.% Real Estate.% 0.%.%.0%.%.%.%.%.0% Government and Agencies.%

4 First Half 0 MidMarket M&A Up To US0m Worldwide MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 Worldwide MidMarket M&A up to US0m by Target Nation Region Jan Jun 0 per Advisor 0 0 # of Rank 0 YoY Rank Legal Advisor Value US$m Rank Val Chg (%),0.. $0 $ 0 0 DLA Piper LLP,.. Allen & Overy 0,.. Kirkland & Ellis, Baker & McKenzie 0,.. Clifford Chance,.,.0. 0 CMS,.. Latham & Watkins 0,.0. White & Case LLP,.. Freshfields Bruckhaus Deringer,.. 0 Hogan Lovells,.. Gowling Lafleur Henderson LLP,0..0 Nagashima Ohno & Tsunematsu *,0.. 0 Herbert Smith Freehills *,0.. Blake Cassels & Graydon *,.. Skadden,. 0. Stikeman Elliott *,.. 0 Mori Hamada & Matsumoto,0.. King & Wood Mallesons 0,..0 Wilson Sonsini Goodrich & Rosati * *,.. Weil Gotshal & Manges *,.. Africa/Middle East Americas AsiaPacific Europe Japan Dorsey & Whitney LLP,0.. Shearman & Sterling LLP * * 0,. 0. Morgan Lewis & Bockius * 0,.. Mayer Brown LLP *,0..0 Bryan Cave LLP * 0*. 0. Nishimura & Asahi,.. Ashurst *,. 0. $0,000 Osler Hoskin & Harcourt LLP * *,0.. Q Volume (US$b) Kim & Chang *,0.. $0, Simpson Thacher & Bartlett 0*,.,,,00 AZB & Partners * *.. Number of Deals Davis Polk & Wardwell * *,. 0.,,000 Norton Rose *,.., Vinson & Elkins LLP *,0. 0.,,,0 Eversheds * * 0..0,, Dechert * 0 0..,00 Minter Ellison * * 0,. 0. Olswang * * 0..,,000 Fenwick & West LLP 0*,. 0. Paul Hastings * *..,00 Gibson Dunn & Crutcher *,.. Amarchand Mangaldas * *,..0 Schoenherr Attorney's at Law * *..,000 Ropes & Gray * *,.. Advokatfirman Vinge * * Squire Sanders LLP *.. $ 00 Gide Loyrette Nouel * *.. Akin, Gump, Strauss, Hauer & Feld * *,.. 0,,0, *tie Worldwide Cross Border Volume up to 0m Jan Jun 0

5 First Half 0 MidMarket M&A Up To US0m US Target MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 US MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank 0 YoY Rank Value US$m Rank Val Chg (%),.. Kirkland & Ellis,.0. DLA Piper LLP 0,0.. Latham & Watkins,.. Wilson Sonsini Goodrich & Rosati Bryan Cave LLP 0,.... Skadden * *,.. Morgan Lewis & Bockius * 0,.. Dorsey & Whitney LLP.0. Vinson & Elkins LLP *,.. Weil Gotshal & Manges * *,0.. Fenwick & West LLP * 0.. Akin, Gump, Strauss, Hauer & Feld * *,.. Goodwin Procter LLP *.. Cooley LLP * *..0 Hogan Lovells * 0,. Ropes & Gray * *,0. 0. White & Case LLP * *,..0 Shearman & Sterling LLP * 0*,.. Foley & Lardner * * * Andrews Kurth LLP *,. 0.0 Simpson Thacher & Bartlett *,.. Davis Polk & Wardwell * 0*,.. Fried Frank Harris Shriver & Jacobson * *,.. Paul Hastings * *.0. Gibson Dunn & Crutcher *,.. O'Melveny & Myers *,. 0. Greenberg Traurig *,..0 Dechert * 0*.. Sullivan & Cromwell * *,.. Mayer Brown LLP * *,.0.0 Troutman Sanders LLP * *,.. Wachtell Lipton Rosen & Katz * *,.. Bingham McCutchen LLP * *.. Morrison & Foerster * *. 0. King & Spalding *.. Cravath, Swaine & Moore * *,.. Sidley Austin LLP * Winston & Strawn * *.0 *. McDermott Will & Emery * * K&L Gates *.. Orrick Herrington & Sutcliffe LLP * * 0 *. Covington & Burling * *,.. Norton Rose Fulbright *,0.. Proskauer Rose LLP * *. 0. Paul, Weiss * *..0 Arnold & Porter * * 0.. WilmerHale * 0.. Bracewell & Giuliani * *,.. Debevoise & Plimpton *.0. Baker & Hostetler LLP * *. Baker & McKenzie *. Blake Cassels & Graydon * *. Choate, Hall & Stewart LLP * *.0 *,,0.. $ US MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.%.% US0 00m US$0 00m US 0m US 0m.%.%.% Real Estate.%.%.%.%.%.% Government and Agencies,000,00,000,00,000 00

6 First Half 0 MidMarket M&A Up To US0m Latin America Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Latin American MidMarket M&A up to US0m by Rank Value Range per Advisor 0 Rank 0 Rank # of Deals Rank Value US$m 0 Rank YoY Rank Val Chg (%) Mattos Filho Veiga Filho Marrey Jr,00..0 Tozzini Freire Teixeira e Silva * *.0 0 Machado Meyer Sendacz & Opice * 0.. Pinheiro Neto Advogados Barbosa Mussnich & Aragao *.... Veirano Advogados * * * Stocche Forbes Advogados. Gowling Lafleur Henderson LLP * *.0 0. Souza, Cescon, Barrieu & Flesch Advog * *.. Pinheiro Guimaraes * 0.. White & Case LLP * *. Azevedo Sette Avogados *..0 Lefosse Advogados *.. Baker & McKenzie *.. Davis Polk & Wardwell * * Xavier Braganca Advogados * *.. Latham & Watkins * * 0 * Rubio Leguia Normand and Asociados *. Sullivan & Cromwell * *. *. Cleary Gottlieb Steen & Hamilton * *.. Torys *. Covington & Burling * * 0. * * * * Shearman & Sterling LLP * *. 0. DLA Piper LLP *. * Advokatfirmaet Thommessen AS *. * Fried Frank Harris Shriver & Jacobson * *.. Skadden * *. 0*. Kirkland & Ellis *.0 * Allen & Overy *. 0,.. $ 00 $ 00 $ $ 00 $ 00 $ $ 00 $ 0 $ US0 00m US$0 00m US 0m US 0m Latin American MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.%.%.%.%.%.%.%.0% Real Estate.%.%.0%

7 First Half 0 MidMarket M&A Up To US0m European Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 European MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Allen & Overy,.,.. CMS,.,.. Clifford Chance,.0,.. DLA Piper LLP,.,.,., ,.,.. Freshfields Bruckhaus Deringer,.,..0 Baker & McKenzie,0.,. 0. White & Case LLP,.,.. Hogan Lovells,.,.. Herbert Smith Freehills * 0,0.,0.. Eversheds 0... Olswang *... Schoenherr Attorney's at Law *. 0.. Advokatfirman Vinge * Mayer Brown LLP,.,00.. Cuatrecasas Goncalves Pereira * *,.,0.. Advokatfirmaet Thommessen AS * *,. 0.. Gide Loyrette Nouel * *... Wikborg Rein & Co 0* *.. 0. Fidal 0* *..0. Latham & Watkins 0*,0.,0.. Squire Sanders LLP *..0. Kirkland & Ellis * *,.,.. Ashurst * 0... Hannes Snellman * * 0... Mannheimer Swartling Advokatbyra * * Lamartine Conseil * *... Advokatfirman Delphi * *...0 Uria Menendez 0* *,.,0.. Chiomenti Studio Legal 0* *... Weil Gotshal & Manges 0* *,0.,0. 0. Houthoff Buruma * *... P+P Pollath + Partners * *...0 De Brauw Blackstone Westbroek * * Skadden * * Gateley LLP 0* * Loyens & Loeff * *,0... Slaughter & May * *,0.,.. Landwell * *. 0.. Dechert * * Luther Rechtsanwaltsgesellschaft mbh * * Cleary Gottlieb Steen & Hamilton * *,.,.. DWF * *... NCTM * *.. 0. Paul Hastings * *... Advokatfirmaet Wiersholm AS * *... Amarchand Mangaldas * *... Garrigues * *.0..0 Travers Smith * *... LAWIN * *..0 *. Noerr LLP * *... Norton Rose * *.. Gomez Acebo & Pombo * *..,, 0,0.,0..,000,000,000,000,000,000 $ US0 00m US$0 00m US 0m US 0m European MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.% Real Estate.0%.%.%.0%.%.%.%.%.%.%

8 First Half 0 MidMarket M&A Up To US0m UK Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 UK MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m GBP mil Rank Val Chg (%) Allen & Overy DLA Piper LLP * *,.,.,0., Hogan Lovells * 0*,.,.. Eversheds * 0... Clifford Chance,.0,.. Freshfields Bruckhaus Deringer *,0..0. *,... Olswang CMS 0 0., Gateley LLP * Herbert Smith Freehills, DWF *... Slaughter & May * *,.,.. Ashurst *.. 0. Mayer Brown LLP * *... White & Case LLP * *... Travers Smith * 0*... Squire Sanders LLP *... Kirkland & Ellis 0 *... Addleshaw Goddard * Baker & McKenzie Nabarro * *.0.. Norton Rose * *.. 0. Dorsey & Whitney LLP * Berwin Leighton Paisner * 0*... Dechert * 0*.0.. Pinsent Masons * *..0 Edward Nathan Sonnenbergs Inc * *.. 0. A&L Goodbody * *... Minter Ellison * *... Latham & Watkins * Weil Gotshal & Manges * 0*.. Pannone & Partners *.. * SJ Berwin * * 0... Cleary Gottlieb Steen & Hamilton *... Houthoff Buruma * * Shearman & Sterling LLP * * * Osborne Clarke * *..0. Maclay Murray & Spens * * * King & Spalding * *..0. Osler Hoskin & Harcourt LLP * *...0 Simpson Thacher & Bartlett * * Dundas & Wilson * * Kromann Reumert * * * AZB & Partners * * Davis Polk & Wardwell * *... Mannheimer Swartling Advokatbyra * *..0. Advokatfirman Delphi * *.. 0. Taylor Wessing LLP * *... Allens * * Bryan Cave LLP * * 0.. Morgan Lewis & Bockius * 0* 0. Gilbert + Tobin * * 0..,0,.,0..,00 $, $ 00 $ 00 $ 00 US0 00m US$0 00m US 0m US 0m UK MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.% Real Estate.%.%.%.0%.%.%.%.%.%.% *tie

9 First Half 0 MidMarket M&A Up To US0m French Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 French MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%)..0. Fidal..0. CMS Lamartine Conseil * * * *.... *.. Gide Loyrette Nouel * * 0... Landwell * *. 0.. *.0.. Clifford Chance * *... Allen & Overy * 0... Mayer Brown LLP * *..0. Ernst & Young Societe d'avocats SELAS * *.. Freshfields Bruckhaus Deringer * *...0 White & Case LLP * *,. 0.. DLA Piper LLP * *.. 0. Dechert * *... Paul Hastings * *... Baker & McKenzie * * De Pardieu Brocas Maffei *...0 SJ Berwin * * * Cleary Gottlieb Steen & Hamilton * *... Delsol & Associes * *.. *. Arsene Taxand * *... LAMY LEXEL Avocats Associes * *.. Hogan Lovells * *... Jeantet & Associes * * * Bredin Prat *... Hyde Puylagarde Mahieu Libaud * * * PDGB Societe d'avocats * * Veil Jourde * *... Ashurst * * 0. *. Cuatrecasas Goncalves Pereira * *... Brunswick societe d'avocats * *..0 * Hermetet Thomas * *.. *. STC Partners SELARL * *... Latham & Watkins * *,0... Herbert Smith Freehills * *.0.. Darrois Villey Maillot Brochier * *... Racine * *..0 Fuchs Cohana Reboul & Beroard * * CGR Legal SELARL *.0.,0,.0,.. $ $ $ $ $ $ $ French MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.% US0 00m US$0 00m US 0m US 0m.%.%.% Real Estate.% 0.%.% %.%.%

10 First Half 0 MidMarket M&A Up To US0m German Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 German MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank Rank Rank Deals US$m Euro mil Rank Val Chg (%) CMS...0 Clifford Chance... Freshfields Bruckhaus Deringer * * 0 0, Luther Rechtsanwaltsgesellschaft mbh * P+P Pollath + Partners *...0 Allen & Overy White & Case LLP * * Hengeler Mueller *,0.. Noerr LLP * *. 0.. Baker & McKenzie * *... Heuking Kuehn Lueer Wojtek * 0... Hogan Lovells * * * Gleiss Lutz * * DLA Piper LLP *..0. Kirkland & Ellis * 0* * Schoenherr Attorney's at Law 0* * Osborne Clarke * * * GSK Stockmann + Kollegen * *..0. Advokatfirman Vinge * *.. Gowling Lafleur Henderson LLP *..0 Houthoff Buruma *..0 Wikborg Rein & Co *. 0. Esche Schuemann Commichau * * * GORG Rechtsanwalte * * 0 * Ashurst * *... Norton Rose * * * Blake Cassels & Graydon * * 0.. *. Olswang * 0* * Willkie Farr & Gallagher * *.. 0. Cleary Gottlieb Steen & Hamilton * *..0. Loyens & Loeff * * * Gomez Acebo & Pombo * * * Binder Groesswang *.. SJ Berwin * *..0 Roedl und Partner * * * Mannheimer Swartling Advokatbyra * 0* 0.. BEITEN BURKHARDT * * * NCTM * * Cuatrecasas Goncalves Pereira * *.. Skadden * * * LAWIN * * Havel Holasek & Partners sro * * * Bryan Cave LLP * * King & Wood Mallesons * 0* 0... Advokatfirmaet Wiersholm AS * * * Wilson Sonsini Goodrich & Rosati * * Milbank Tweed Hadley & McCloy * 0* 0 * Dentons *..0. Bar & Karrer * * King & Spalding * * Latham & Watkins * *.. Weil Gotshal & Manges * 0* 0 * Chiomenti Studio Legal * *,.,.0. $ 00 $ $ 00 $ 00 $ 00 $ 0 US0 00m US$0 00m US 0m US 0m German MidMarket M&A up to US0m by Target Industry Jan Jun 0 0 Real Estate.%.%.%.%.%.%.%.%.%

11 First Half 0 MidMarket M&A Up To US0m Italian Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 Italian MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Chiomenti Studio Legal... Clifford Chance *...0 NCTM *... d'urso Gatti e Associati * 0.. Gianni Origoni Grippo Cappelli & Partne *... CMS * 0.. Freshfields Bruckhaus Deringer * *... Bonelli Erede e Pappalardo *..0. Hogan Lovells * *. 0. * Allen & Overy DLA Piper LLP * * * * * * Latham & Watkins * * * * * Studio Pedersoli e Associati * * * Ashurst * * * Legance Studio Legale Associato * * * Gattai Minoli & Partners * * La Torre Morgese Cesaro Rio * * Cleary Gottlieb Steen & Hamilton * *...0 * * Gomez Acebo & Pombo *..0 * Landwell * * Shearman & Sterling LLP * * * Labruna Mazziotti Segni *.. Veil Jourde * * Ernst & Young Societe d'avocats SELAS * * Norton Rose * * * JP Karsenty & Associes SELARL * * EY Societe d'avocats * * Noerr LLP * 0..0 Olswang * * Orrick Herrington & Sutcliffe LLP * * *,.,0.. $ $ $ $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m Italian MidMarket M&A up to US0m by Target Industry.%.%.%.% Jan Jun 0 0.% Real Estate.%.%

12 First Half 0 MidMarket M&A Up To US0m Spanish Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 Spanish MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Cuatrecasas Goncalves Pereira,...0 Uria Menendez,.,.. Gomez Acebo & Pombo... Garrigues... DLA Piper LLP... Clifford Chance *... Khaitan & Co *.. * Amarchand Mangaldas * *.. * Herbert Smith Freehills * * * * *.. 0. Baker & McKenzie *... Hogan Lovells * * 0... Sullivan & Cromwell *. Latham & Watkins * * Covington & Burling *.. CMS * *.. Osborne Clarke * *..0 Perez Llorca * *... Olswang * 0* Ramon & Cajal Abogados * *.. Torys *.. KPMG * * 0* Freshfields Bruckhaus Deringer * *... Loyens & Loeff * 0* Simmons & Simmons * 0* Bingham McCutchen LLP * 0* J Sagar Associates *.. Ashurst * * 0* Davis Polk & Wardwell * * 0... Mayer Brown LLP *.0.0 PAGBAM *. 0 Gramond & Associes * 0* Gianni Origoni Grippo Cappelli & Partne * 0* Souza, Cescon, Barrieu & Flesch Advog * 0* Lobo & de Rizzo Advogados * 0* Deloitte * *.. 0. Stocche Forbes Advogados * 0* Squire Sanders LLP * 0* La Torre Morgese Cesaro Rio * 0* Allen & Overy *.0.. Pannone & Partners *..0 0,.,.. *tie $ $ $ $ $ $ $ $ $ Spanish MidMarket M&A up to US0m by Target Industry.0% US0 00m US$0 00m US 0m US 0m.%.%.%.%.%.% 0.% Real Estate Jan Jun 0 0.%.%

13 First Half 0 MidMarket M&A Up To US0m Nordic Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 Nordic MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Advokatfirman Vinge Wikborg Rein & Co Advokatfirmaet Thommessen AS * * * 0., Hannes Snellman Mannheimer Swartling Advokatbyra 0... Advokatfirman Delphi...0 Advokatfirmaet Wiersholm AS *... Baker & McKenzie *... Gorrissen & Federspiel *... Selmer * *... Gernandt & Danielsson... Kromann Reumert * *... White & Case LLP * *..0. LAWIN *..0 *. Advokatfirmaet Schjodt ANS *.0. Dittmar & Indrenius * * 0..0 CMS * *... Advokatfirman Cederquist * * 0... Allen & Overy * *..0.0 Freshfields Bruckhaus Deringer 0* * * * DLA Piper LLP 0* * 0.. Raidla Lejins & Norcous 0* * 0..0 *. Clifford Chance * *.. Accura Advokataktieselskab * *... Hamilton Advokatbyra Stockholm Holdin *..0 Hogan Lovells * *..0 MAQS Law Firm Advokatbyra AB * 0.. Advokatfirman SBB Partners AB * * * Bird & Bird *.. *. Attorneys At Law Borenius Ltd * Kirkland & Ellis * * 0. * Latham & Watkins * *.0..0 Greenberg Traurig *.. Advokatfirman Lindahl * * 0.. *. Castren & Snellman * * * Herbert Smith Freehills * * * Hengeler Mueller * * * * *.0. * De Brauw Blackstone Westbroek * *.. * Schoenherr Attorney's at Law * * * Krogerus Attorneys Ltd *... Bruun & Hjejle I/S * * 0.. * 0. DLA Nordic KB *.0.0 Gleiss Lutz *.0.0 * Morrison & Foerster *.. * Paul, Weiss * * Weil Gotshal & Manges *.0. O'Melveny & Myers * * Waselius and Wist LLP * *,0,.,.. $ $ $ $ $ $ $ Nordic MidMarket M&A up to US0m by Target Industry.%.% US0 00m US$0 00m US 0m US 0m.% Real Estate.%.%.%.%.%.%.0% Jan Jun 0 0

14 First Half 0 MidMarket M&A Up To US0m Benelux Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Benelux MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Allen & Overy.. 0. DLA Piper LLP *... Houthoff Buruma *... De Brauw Blackstone Westbroek * *..0. *... Loyens & Loeff * *,0... Clifford Chance * *... Freshfields Bruckhaus Deringer * *.. Baker & McKenzie * CMS * *.. Stibbe * *,0. 0. * * Hogan Lovells *... Schoenherr Attorney's at Law * 0* 0.. * White & Case LLP * *, Simmons & Simmons *.. Paul Hastings * * 0* NautaDutilh *. 0.. Shearman & Sterling LLP * * 0* Lexence NV * 0* Herbert Smith Freehills * * 0* Blake Cassels & Graydon * * 0* Chiomenti Studio Legal * 0* 0* Cleary Gottlieb Steen & Hamilton * *. 0.. Hengeler Mueller * 0*..0. Ashurst * * 0. *. AKD Prinsen Van Wijmen * 0* 0* Allens * *.. Orrick Herrington & Sutcliffe LLP * 0*. * Latham & Watkins * *..0. Macfarlanes * 0* Gowling Lafleur Henderson LLP * 0*. 0. Dechert *.0. * AZB & Partners * *.. *. Anderson Mori & Tomotsune *.. Mayer Brown LLP * * 0 0* De Pardieu Brocas Maffei * * 0 0 Sayenko Kharenko LLC * 0*. Legance Studio Legale Associato * 0* De Breij Evers Boon BV * * 0 0* SORAINEN *..0 Bryan Cave LLP * * 0.. Wragge & Co *. * Davis Polk & Wardwell * 0* 0... Squire Sanders LLP * 0* 0* Norton Rose * * 0.. La Torre Morgese Cesaro Rio * 0* Gibson Dunn & Crutcher * 0* Machado Meyer Sendacz & Opice * 0* 0* King & Spalding * 0* 0* Kirkland & Ellis * 0*. Eversheds * * 0* Lazard Freres & Co LLC *.0 Weil Gotshal & Manges * 0*. 0. Willkie Farr & Gallagher * * ,.,.. $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m Benelux MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.%.%.% Real Estate.%.%.%.%.%.%.0%

15 First Half 0 MidMarket M&A Up To US0m Eastern Europe Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Eastern European MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Euro mil Rank Val Chg (%) Schoenherr Attorney's at Law *...0 Baker & McKenzie * *... Allen & Overy *.. 0. Clifford Chance * * CMS * LAWIN * *..0 *. SORAINEN * *..0. White & Case LLP * *... Raidla Lejins & Norcous * *..0 *. Havel Holasek & Partners sro * 0* * *... Herbert Smith Freehills * *... Freshfields Bruckhaus Deringer * * 0* Hogan Lovells * *... Skadden Weil Gotshal & Manges * * * * Gide Loyrette Nouel * *.. DLA Piper LLP * 0... *.. Sayenko Kharenko LLC * *.. Squire Sanders LLP * * 0.. Greenberg Traurig * *...0 Addleshaw Goddard *. 0. Trilegal *.0. YukselKarkinKucuk Attorney Partners * 0* Shin & Kim *.0. Amarchand Mangaldas *.. Dentons *.. *. Eversheds * * 0 0* Olswang * * 0*,0,.,.. $,00,00 $,00 $,00,000 $ 00 $ $ 00 US0 00m US$0 00m US 0m US 0m Eastern European MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.%.%.%.%.% Real Estate.%.%.%.%

16 First Half 0 MidMarket M&A Up To US0m Hochinma Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Hochinma MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) AZB & Partners. 0. Amarchand Mangaldas,.. Khaitan & Co..0 Jia Yuan Law Offices.. King & Wood Mallesons * * 0,.. Baker & McKenzie * *,0.. DLA Piper LLP * *,0.. Zhong Lun Law Firm * * 0.. Han Kun Law Offices. Jun He Law Offices AllBright Law Offices * * * 0* * * WongPartnership LLP * *.. Fangda Partners *.. Shearman & Sterling LLP * 0,..0 Mayer Brown LLP * * 0.. Jurisino Law Group * 0. J Sagar Associates * *..0 Clifford Chance * *.. Freshfields Bruckhaus Deringer * *.. Davis Polk & Wardwell * *.. Dacheng Law Offices * *. 0. Kirkland & Ellis * *,.. * *.. Skadden * *.0. Hualian Law Firm * * Herbert Smith Freehills * *.. Grandway Law Offices * *.. PH Bathiya & Associates * * * Allen & Overy * *.0. Rajah & Tann LLP * *.. Allen & Gledhill * * 0. Broad & Ken Partners *. 0 Drew & Napier * *.. White & Case LLP * * 0,0. Slaughter & May * * 0.. Ashurst *.. Stamford Law Corp * *..0 Kim & Chang * * 0.. Norton Rose * *.. Hogan Lovells * *.. Simpson Thacher & Bartlett * * * Orrick Herrington & Sutcliffe LLP * *..0 Minter Ellison * * 0.. JunZeJun Law Offices * *.. Tian Yin Law Firm *. Jincheng Tongda & Neal Law Firm * 0. Trilegal * *.0.0 Grandall Law Firm * *. 0. Gibson Dunn & Crutcher * * Ropes & Gray * * Blake Cassels & Graydon *., 0,.. *tie $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m Hochinma MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.0%.0%.%.0%.%.%.0% Real Estate.0%.%.%.%,000,00,00,00,00,

17 First Half 0 MidMarket M&A Up To US0m Hong Kong Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Hong Kong MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) King & Wood Mallesons *,.. Kirkland & Ellis *,.. Mayer Brown LLP *.. Jun He Law Offices * * * Allen & Gledhill * * 0 0. Baker & McKenzie * * 0.. Clifford Chance WongPartnership LLP * * *.... Norton Rose * *.. Slaughter & May * *.. Fangda Partners * * Han Kun Law Offices *. * Kim & Chang * *.. Allen & Overy * *.0. Orrick Herrington & Sutcliffe LLP *. Stamford Law Corp Stikeman Elliott * * * 0... Bae Kim & Lee * *. 0. Freshfields Bruckhaus Deringer * *.. *. Ashurst * *.. Davis Polk & Wardwell * * 0.. DLA Piper LLP * *.. Asian Pacific International Business Law *. * Rahmat Lim & Partners * * Clayton Utz *. Gibson Dunn & Crutcher * * Lee and Li *. * Shin & Kim *.0 Simpson Thacher & Bartlett * * Akin, Gump, Strauss, Hauer & Feld *. Minter Ellison * *.,0.. $ $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m * Hong Kong MidMarket M&A up to US0m by Target Industry Jan June 0 0.%.% Real Estate.% 0.%.%.% %.%.%.%.%

18 First Half 0 MidMarket M&A Up To US0m Australia/New Zealand Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Australia/New Zealand MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) King & Wood Mallesons * 0,0.. Herbert Smith Freehills,.. Minter Ellison *,.. Clayton Utz Allens 0.,... Baker & McKenzie *,.. Ashurst.. Norton Rose *. 0. DLA Piper LLP *.. Chapman Tripp *.. Gilbert + Tobin * * 0.. HopgoodGanim * * 0..0 Allen & Overy *. *. Johnson Winter & Slattery. *. McCullough Robertson *.. Steinepreis Paganin *. Clifford Chance * *.. Stikeman Elliott * *.. Kim & Chang * 0. K&L Gates * *.. WongPartnership LLP * * 0.. Simpson Grierson * * 0.. Corrs Chambers Westgarth *. 0. Allen & Gledhill * *.. Skadden * *.. Edward Nathan Sonnenbergs Inc * *.0 Bell Gully *. *. Olswang *. Blake Cassels & Graydon * * 0. *.,0.. $ $ $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m. Australia/New Zealand MidMarket M&A up to US0m by Target Industry.%.%.% Real Estate.%.% Jan Jun 0 0.%.%.%.%.%.%

19 First Half 0 MidMarket M&A Up To US0m Singapore Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Singapore MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) WongPartnership LLP,0.. Allen & Gledhill,0.. Shook Lin & Bok LLP. 0. Rajah & Tann LLP 0.. Baker & McKenzie *.. * * 0. Stamford Law Corp * *. 0. Herbert Smith Freehills * *.. Mori Hamada & Matsumoto *. King & Wood Mallesons * *.. Drew & Napier * *. 0. Nagashima Ohno & Tsunematsu * 0. Clifford Chance *. White & Case LLP *. * *.. AZB & Partners * *.. Legance Studio Legale Associato * * SORAINEN * * YukselKarkinKucuk Attorney Partners * * William Fry * * Khaitan & Co * * Johnson Winter & Slattery *. Olswang * * Allen & Overy * *.. Amarchand Mangaldas * * 0..,.. $ $ $ $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m Singapore MidMarket M&A up to US0m by Target Industry Jan Jun %.%.%.% Real Estate.%.%.%.%.%.%.%

20 First Half 0 MidMarket M&A Up To US0m Japanese Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Japanese MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) Nagashima Ohno & Tsunematsu,0.. Mori Hamada & Matsumoto,0.. Nishimura & Asahi Anderson Mori & Tomotsune,.,.. 0. Baker & McKenzie Morrison & Foerster TMI Associates * Skadden * * 0. White & Case LLP * *.0. Allen & Overy * * Shearman & Sterling LLP * *.. OhEbashi LPC & Partners * * 0.. *.0 0. City Yuwa Partners * * 0.. Kim & Chang * *.. HibiyaNakata *. Rajah & Tann LLP * 0 Clifford Chance * *.. Bae Kim & Lee * * 0.. Freshfields Bruckhaus Deringer * *. *. Sato Sogo Law Office * * 0.. Shiraishi Atsusi Horitsu Jimusho *. Khaitan & Co * *. *.0 Simpson Thacher & Bartlett * * 0.. Ropes & Gray *. 0* Slaughter & May * *. 00. Bingham McCutchen LLP * * 0.. Ozawa & Akiyama *. CMS * * Ashurst * *.. Pinheiro Neto Advogados * *. *. Allen & Gledhill * *..0 Yoon & Yang *. Kitahama Partners * * 0.. Nakamura, Tsunoda & Matsumoto * *.. Daiichi Law Office PC *. Cooley LLP * *.0. Soewito Suhardiman EddyMurthy Kardo *. Harashima Horitsu Jimusho *. Norton Rose Fulbright * * 0.. Wilson Sonsini Goodrich & Rosati * * Lee & Ko *. 0*.,,0.. $ $ $ $ $ $ $ $ $ US0 00m US$0 00m US 0m US 0m Japanese MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.0% Real Estate.%.%.%.%.%.%.%.%

21 First Half 0 MidMarket M&A Up To US0m Chinese Involvement MidMarket Rankings (MML0) MML0 Undisclosed Values & Values up to US0m Jan Jun 0 Chinese MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) Jia Yuan Law Offices.. Zhong Lun Law Firm * 0.. Jun He Law Offices * *..0 AllBright Law Offices * *.. Han Kun Law Offices *..0 King & Wood Mallesons * *.. Fangda Partners.. WongPartnership LLP.. Jurisino Law Group 0.. Shearman & Sterling LLP * *.. Dacheng Law Offices * *.. Hualian Law Firm * * Grandway Law Offices * *.. Kirkland & Ellis * 0*,.. Mayer Brown LLP * * 0.. Broad & Ken Partners *.. Skadden * *.0 Slaughter & May *. 0. Freshfields Bruckhaus Deringer * *.. Orrick Herrington & Sutcliffe LLP * 0*. Hogan Lovells * *.. Clifford Chance * *. Tian Yin Law Firm *. Davis Polk & Wardwell * * 0..0 JunZeJun Law Offices * 0*.. * * * Jincheng Tongda & Neal Law Firm * 0..0 Grandall Law Firm * *.. Ropes & Gray * * 0.. Baker & McKenzie * * Allen & Overy * * * Jingtian & Gongcheng * 0.. LLinks Law Offices * 0* 0. Kim & Chang * 0* 0.. Ashurst * *.. Gold Sun law Firm *. 0 0 Jiangsu Yangtze River Delta Law Firm *.0 Herbert Smith Freehills * * * Gibson Dunn & Crutcher * 0. 0 Minter Ellison * *.. Shook Lin & Bok LLP * *. 0 Simpson Thacher & Bartlett * 0* 0 * White & Case LLP * *.., 0,.. $ $ $ $ $ Chinese MidMarket M&A up to US0m by Target Industry Jan Jun 0 0.%.%.% US0 00m US$0 00m US 0m US 0m.%.% Real Estate.%.%.%,00, %.0%.%

22 First Half 0 MidMarket M&A Up To US0m Indian Involvement MidMarket Rankings (MML) MML Undisclosed Values & Values up to US0m Jan Jun 0 Indian MidMarket M&A up to US0m by Rank Value Range per Advisor 0 0 # of Rank Value 0 YoY Rank US$m Rank Val Chg (%) $ 0 AZB & Partners..0 Amarchand Mangaldas,.. $ 00 Khaitan & Co.. 0 DLA Piper LLP *,0. $ J Sagar Associates.. 00 PH Bathiya & Associates * Davis Polk & Wardwell.0 0. $ 0 Freshfields Bruckhaus Deringer * * * * *..0 * * $ 00 Trilegal *.0. White & Case LLP * *. * $ Rajah & Tann LLP * *. 0 Shearman & Sterling LLP * * 0.. $ Herbert Smith Freehills * * Blake Cassels & Graydon *. * 0. Allen & Overy * * Nagashima Ohno & Tsunematsu * * Heuking Kuehn Lueer Wojtek * * Houthoff Buruma * * Torys *. 0*. Udwadia Udeshi & Berjis *.. US0 00m US$0 00m US 0m US 0m Thompson Hine LLP * * Ashurst * * Goodmans * * 0. 0*. Burstall Winger LLP *. 0* Cleary Gottlieb Steen & Hamilton *. Indian MidMarket M&A up to US0m by Target Industry Jan Jun 0 0 Orsay Paris & Lyon *..0 Anderson Mori & Tomotsune * *. * Rajani & Associates * * 0. * Economic Laws Practice *. *..%.% De Brauw Blackstone Westbroek * *.% Mayer Brown LLP * * 0 *.% NCTM * *.% Dacheng Law Offices * Tatva Legal * * Andrews Kurth LLP *. *.% Holland & Hart *. Milbank Tweed Hadley & McCloy *. * Gibson Dunn & Crutcher * * * HopgoodGanim * * 0. * Gagrat & Company *. * Stibbe * * Desai & Diwanji *..% Crawford Bayley & Co * * 0 * Edward Nathan Sonnenbergs Inc *. Real Estate King & Spalding * * Simpson Thacher & Bartlett * * 0 *.% Steinepreis Paganin * 0. *,...%.% 0

23 First Half 0 MidMarket M&A Up To US0m Ranking Criteria Summary If you would like to participate in the submission process, receive quarterly press releases, or have questions about league table criteria please contact: Americas Michael Rawlings Tel: + michael.rawlings@thomsonreuters.com Europe, Middle East & Africa Redina Doda Tel: + (0) 0 redina.doda@thomsonreuters.com AsiaPacific Kelvin Bian Tel: + kelvin.bian@thomsonreuters.com Japan Akemi Mamiya Tel: + akemi.mamiya@thomsonreuters.com Announced league tables include all deals that were announced between January, 0 and June 0, 0 and of which Thomson Reuters was made aware. All current data and previous year's data is as of :00pm EDT on July, 0. League tables include rank eligible mergers, acquisitions, repurchases, spinoffs, selftenders, minority stake purchases and debt restructurings. A tender/merger transaction is considered to be effective at the time of consummation of the merger or the date on which it is declared wholly unconditional. Deals with undisclosed dollar values are rank eligible but with no corresponding Rank Value. NonUS dollar denominated transactions are converted to the US dollar equivalent at the time of announcement of terms. Financial and legal advisors receive full credit for each deal on which they provide financial or legal advisory services, unless they represent minority sellers or advise on only a portion of the transaction or Thomson Reuters has not been made aware of their participation in that transaction. For pending transactions, advisors to targets of multiple bids receive credit for the transaction agreed to or, in the absence of an agreement, the value of the highest offer. Any Involvement league tables include deals where the target, acquiror, or either ultimate parent are domiciled (nation of headquarters) in the specified region or nation. League tables, commentary, and charts citing announced activity are based on Rank Date and include intended, pending, partially complete, completed, pending regulatory, and unconditional transactions. Rank Date is defined as the earliest public announcement of when a value can be applied to a transaction. While Thomson Reuters has used reasonable endeavors to ensure that the information provided in this document is accurate and up to date as at the time of issue, neither Thomson Reuters nor its third party content providers shall be liable for any errors, inaccuracies or delays in the information, nor for any actions taken in reliance thereon, nor does it endorse any views or opinions of any third party content provider. Thomson Reuters disclaims all warranties, express or implied, as to the accuracy or completeness of any of the content provided, or as to the fitness of the content for any purpose to the extent permitted by law. The content herein is not appropriate for the purposes of making a decision to carry out a transaction or trade and does not provide any form of advice (investment, tax, legal) amounting to investment advice, nor make any recommendations or solicitations regarding particular financial instruments, investments or products, including the buying or selling of securities. Thomson Reuters has not undertaken any liability or obligation relating to the purchase or sale of securities for or by any person in connection with this document. 0 Thomson Reuters. All rights reserved. Thomson Reuters and the Thomson Reuters logo are registered trademarks and trademarks of Thomson Reuters and its affiliated companies. Any third party name or mark herein belongs to the relevant third party.

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