Our investment banking model is based on delivering trusted, independent and integrated advice to our corporate clients. This advisory proposition draws on our deep expertise across our chosen sectors, our specialist technical advisory capability and our access to diverse, global capital pools delivered through our capital markets platform.
This integrated model has supported our ability to give differentiated, high quality advice to our clients, drawing on both (1) the powerful intelligence drawn from across our corporate client base into boardroom confidence, the operating outlook, and decision-making in that context; and (2) the insights across public company shareholders and their assessments of corporate actions across a range of sectors, sizes and structures.
In a period of unprecedented uncertainty and volatility, we are therefore able to draw on not only the deep transaction experience of our team, but also an informed view of live trends and themes, while other firms have sought to apply historically established rules of thumb that are often less relevant in the current environment.
In building a diversified investment banking business, we have continued to expand our Advisory service offering in order to provide holistic strategic and financial advice to boards throughout the company lifecycle from pre-IPO to listed market exit as they consider growth opportunities and how to optimise their capital structure.
Our M&A function has been core to the successful execution of this diversification strategy, providing a critical underpin to our investment banking business during the prolonged period of suppressed ECM activity. Our trusted relationships with clients have become evident during recent UK takeover activity with significant market share gains achieved by value and volume.
Our M&A practice now typically competes with, and operates alongside, our global peers in delivering front-line financial advice to clients on the buy and sell-side of transactions. From 31 March 2024 to end June 2025, the firm has advised on completed or binding transactions representing just under £9 billion in aggregate deal value with an average deal size of £868 million.
