GlobalData reveals top M&A financial and legal advisers in metals for Q1 2025
by David Fleschen

GlobalData has released its latest league tables identifying the leading financial and legal advisers involved in mergers and acquisitions (M&A) within the global metals and mining sector for the first quarter of 2025. The rankings are based on both the total deal value and the number of transactions advised on, according to GlobalData’s comprehensive Deals Database.
Financial advisers: Euroz Hartleys and SP Angel lead Q1 rankings
Euroz Hartleys ranked as the top financial adviser by deal value, advising on transactions worth a total of $1.5 billion. Meanwhile, SP Angel Corporate Finance led by volume, advising on three separate deals in the sector.
“SP Angel made a significant jump in the rankings, moving from 26th position in Q1 2024 to first in Q1 2025 by volume,” said Aurojyoti Bose, Lead Analyst at GlobalData. “Euroz Hartleys, which did not feature in the top 10 in the same quarter last year, secured its leading position by advising on the $1.5 billion Ramelius-Spartan transaction.”
Euroz Hartleys also ranked second by volume, advising on two deals. Other advisers with similar deal counts included Argonaut PCF, Canaccord Genuity Group, and LXG Capital SAC.
In terms of value, Sternship Advisers secured the second position, also advising on $1.5 billion worth of transactions. Barclays and JP Morgan jointly followed, each advising on deals valued at $831 million.
Legal advisers: Clayton UTZ, King & Wood Mallesons top by value; Steinepreis Paganin leads by volume
Among legal advisers, Steinepreis Paganin led the field in terms of transaction volume, advising on three deals during the first quarter. Clayton UTZ and King & Wood Mallesons jointly held the top position by deal value, each advising on a single transaction valued at $5.3 billion.
“Although both Clayton UTZ and King & Wood Mallesons advised on only one deal each, the size of the transaction was enough to place them at the top of the value rankings,” said Bose. “In contrast, Steinepreis Paganin saw notable improvement in volume, rising from 33rd position in Q1 2024 to first in Q1 2025.”
Herbert Smith Freehills ranked third by value, advising on deals worth $2.3 billion, followed by Allion Partners at $1.5 billion and Johnson Winter & Slattery at $831 million.
In terms of deal volume, Fasken Martineau DuMoulin followed Steinepreis Paganin with three deals. Herbert Smith Freehills and Allion Partners each advised on two deals during the quarter.
Source: GlobalData, Photo: Fotolia