Kirkland & Ellis’s transactions included Ferrero’s move successful July to bargain US cereals business WK Kellogg.
2 February, 2026
Credit: calimedia/Shutterstock.com
The 2 rule firms Latham & Watkins and Kirkland & Ellis topped nan ineligible advisor charts for world M&A successful 2025, information shows.
According to deals information compiled by GlobalData – Just Food‘s genitor – Latham & Watkins worked connected deals weighted astatine $740.4bn past year.
In nan food-and-beverage market, nan transactions included Coca-Cola HBC’s move successful October to buy a mostly liking successful Coca-Cola Beverages Africa.
Free Sample
Download sample pages of selected reports
Explore a action of study samples we person handpicked for you. Get a preview of nan insights inside. Download your free transcript today.
Kirkland & Ellis, meanwhile, provided ineligible counsel connected 537 deals successful 2025, topping convention array erstwhile measuring nan measurement of transactions.
The patient advised connected deals including Ferrero’s statement successful July to acquire US-based meal cereals business WK Kellogg for $3.1bn.
“Of nan 526 deals advised by Latham & Watkins during 2025, 108 were billion-dollar deals that besides included 17 mega deals weighted astatine aliases much than $10bn. The engagement successful these big-ticket deals helped Latham & Watkins apical nan array by worth successful 2025,” GlobalData lead expert Aurojyoti Bose said.
“Kirkland & Ellis was nan apical advisor successful 2024 by measurement and managed to clasp its activity position successful 2025 arsenic good but faced adjacent title from Latham & Watkins. Both nan rule firms were nan only 2 advisers pinch much than 500 deals during 2025. While Kirkland & Ellis led pinch 537 deals, Latham & Watkins followed intimately to inhabit nan 2nd spot pinch 526 deals.”
Credit: GlobalDataThe rankings show Wachtell, Lipton, Rosen & Katz classed 2nd erstwhile measuring nan worth of transactions, advisory connected deals worthy $711bn.
Kirkland & Ellis was third, offering proposal connected $633.5bn worthy of deals.
Skadden, Arps, Slate, Meagher & Flom and Sullivan & Cromwell completed nan apical 5 by value, moving connected transactions worthy $627.5bn and $490.3bn respectively.
In position of woody volume, Latham & Watkins took nan 2nd spot pinch 526 deals, followed by CMS successful nan 3rd spot pinch engagement successful 348 transactions.
DLA Piper and White & Case rounded retired nan apical 5 by volume, advising connected 316 and 290 deals respectively.
GlobalData’s league tables are based connected nan real-time search of thousands of sources including institution websites and advisory patient websites. A dedicated squad of analysts monitors each these sources to stitchery in-depth specifications for each deal, including advisor names.
To guarantee further robustness to nan data, nan institution besides seeks submissions of deals from starring advisers.
Unlock up to 35% savings connected GlobalData reports
Use nan codification astatine checkout successful nan study store
Valid connected each reports priced $995 and above. Cannot beryllium mixed pinch different offers.
Still deciding what will activity champion for your business?
Ask our experts for help.
Enquire earlier buying
2 days ago
English (US) ·
Indonesian (ID) ·