EY’s transactions unit was named Europe’s Accountancy Firm of the Year by Mergermarket, an independent mergers and acquisitions intelligence and data provider.

This was the fifth time in six years that EY Transaction Advisory Services (TAS) earned the honour, which is the most prestigious in the deal industry. EY previously won the top award in 2014, 2013, 2012 and 2010.

EY TAS is represented across 38 countries in Europe, including Malta, by around 5,500 professionals spread across more than 100 cities.

Ronald Attard, Country Managing Partner, EY Malta says: “It is a privilege to be part of the EY success story. This top ranking is a testament to the significant contribution that EY is making to Europe in this buoyant phase of the global economy. In Malta, we know we are giving a small but solid contribution to EY’s global success while also reaping the rewards of working in such an integrated environment, benefiting both our clients and the professionals that join the EY team.”

The ceremony in London saw EY TAS recognised for leading major mergers and acquisitions (M&A) in Europe and being the prominent deal advisor from strategy to execution. In the year under review, TAS advised on 544 announced deals. EY also ranked first in Mergermarket’s league tables for both volume and deal value for accountancy work on transactions.

Andrea Guerzoni, EY’s TAS Leader for Europe, Middle East, India and Africa (EMEIA), says:

“At a time when deal activity in Europe is showing signs of a sustained recovery, this is recognition of the best-in-class advice we give each and every day to our clients in Europe.

Our ongoing investments in innovative technologies, leading industry knowledge and strategic and operational capabilities enable us to advise our clients on a wide range of capital and transaction-related business issues – from strategy to execution. Five awards in six years is an amazing achievement; we are honoured to remain the accountancy firm of choice for M&A advice in Europe.”

The award was accepted by Demet Özdemir, EY Turkey TAS partner in Istanbul.

Pip McCrostie, EY Global Vice Chair – Transaction Advisory Services, says:

 

“Sector convergence, driven by technology and changing customer preferences, is driving the direction of the deal market around the world. These awards are a testament of how – year after year – we have been able to respond to the changing market by expanding our service offerings and delivering exceptional client service to our clients.”