IBI top corporate finance adviser

IBI Corporate Finance was yesterday named as Ireland’s leading corporate finance adviser by leading European market research agency, Mergermarket, who found IBI advised on more corporate mergers and acquisitions than any other adviser in the Irish market.

IBI advised on eight major deals worth a total of €435 million during the year, beating Davy Corporate Finance into second. AIB, KPMG, PricewaterhouseCoopers and Ernst & Young also featured.

In terms of transaction value, however, German investment banking giant Deutsche came out in front by advising on deals worth more than €1.7 billion.

IBI, which is a subsidiary of Bank of Ireland, was also ranked number one in 2003 and topped a separate Bloomberg survey in 2002.

IBI Corporate Finance chief executive Peter Crowley said the firm had a long track record of involvement in the major transactions taking place in Ireland. The firm acted on behalf of public and private companies as well as semi-states.