DLA Piper Named Transaction Advisor of the Year in Hungarian M&A Market
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DLA Piper was ranked first among legal and financial advisors in Mergermarket’s annual rankings, released at the beginning of the year. According to the summary, prepared by one of the leading publishers in the mergers and acquisitions market, DLA Piper Hungary was involved in the most successful transactions in Hungary in 2022 among legal advisors and DLA Piper Business Advisory among financial advisors.
DLA Piper Hungary regularly tops charts for legal advisers, with several top rankings in recent years: the firm says its transactional law team was also ranked first in domestic transaction volume among law firms in Hungary by Mergermarket for 2005-2022.
According to the latest report, DLA Piper’s international network of lawyers advised on the most transactions globally for 13 consecutive years, totaling 1,131 transactions last year. In Europe, the firm assisted on 642 successful M&A deals, making it the 10th year in a row that the firm has been ranked number one in Europe in terms of the number of transactions.
“Despite the economic difficulties, the international and domestic M&A market remained buoyant in 2022. As an integrated legal, financial advisory and tax services firm, DLA Piper Hungary continues to strive to support clients with high quality and efficiency: our top rankings in the Mergermarket rankings confirm that we are on the right track in this respect,” said András Posztl, managing partner of DLA Piper Hungary.
Integrated Approach
“In addition to the high rankings, we are particularly proud that, in a significant number of transactions where DLA Piper was named in the Mergermarket rankings, both the legal and financial advisor were DLA Piper, which also demonstrates the value of an integrated approach,” added Áron Kovaloczy, managing director of DLA Piper Business Advisory Kft.
Mergermarket’s annual report aggregates global M&A activity and analyses and ranks the advisors involved in the transactions.
DLA Piper Hungary has provided legal advice to domestic and foreign clients since 1988, including a wide range of multinational corporations, emerging technology start-ups, government and other public sector organizations. It was named Law Firm of the Year in Hungary in 2016, 2017, and 2020 in the Chambers Europe Awards.
Hungarian subsidiary DLA Piper Business Advisory Kft. provides a full range of integrated services, primarily in M&A advisory, financing advisory, litigation and regulatory advice, as well as in several other areas. DLA Piper Business Advisory Kft. was ranked by Mergermarket as the number one financial advisor in terms of domestic transaction volume in 2019 and 2022.
This article was first published in the Budapest Business Journal print issue of June 2, 2023.
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