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TrendsInvestors
LLYC has reaffirmed its leadership in the M&A market by ranking among the top 10 most active communications firms globally, according to the ranking compiled by Mergermarket based on data from the first half of 2025.
The firm is the only Spanish consultancy to make it into the global TOP 10 during this period, holding the 8th position by the number of transactions advised. In terms of the combined value of these deals, LLYC ranks 12th. This leadership among Spanish-origin companies is also reflected in the European rankings, where LLYC holds 11th position by volume and 19th by value.
During this period, LLYC participated in 66 transactions, with a total value of $36.9 billion, consolidating its activity across all markets where it operates thanks to its integrated approach and capacity to manage complex deals with special attention to regulations and local sensitivities.
Among the most significant transactions advised by LLYC in recent months are Thoma Bravo’s acquisition of Digital Aviation Solutions (Boeing) for $10.55 billion, Clearlake Capital Group’s purchase of Dun & Bradstreet for $7.7 billion, the sale of UK-based TSB by Banco Sabadell for £2.65 billion, Neinor’s takeover bid for Aedas Homes for €1.07 billion, the acquisition of the Mare Nostrum Resort by Spring Hotels Group for €430 million, Minor International’s delisting bid for Minor Hotels Europe & Americas (MHEA) for €117.3 million, and Ardian’s acquisition of an additional 10% stake in Heathrow Airport.
“In an environment marked by increasingly complex and prolonged M&A processes, LLYC has shown how strategic communication can turn a transaction into a story of trust that resonates with investors, regulators, and employees. Our approach not only maximizes the financial value of the asset but also builds a cohesive narrative that accelerates decision-making, mitigates risks, and strengthens the transaction’s credibility,” said Luis Guerricagoitia, Partner and Senior Director of Financial Communication at LLYC.
“Macroeconomic uncertainty has been escalating throughout the first half of the year, globally impacting the conditions necessary to drive corporate transactions. In this context, investors are becoming more selective. That’s why it’s essential to help companies position themselves in the market early enough to gain knowledge and recognition among key decision-makers for a potential deal. This means understanding stakeholders and providing clients with insights that help them respond to their motivations,” added Valvanera Lecha, Director of Financial Communication at LLYC.
International Leadership of FGS Global, LLYC’s Partner
It is also worth highlighting the leadership of FGS Global, LLYC’s international communications partner, with whom it collaborates on large-scale cross-border M&A projects. According to official Mergermarket data, FGS Global closed the first half of 2025 as the number 1 firm worldwide, both by volume and value of transactions, with 233 deals totaling $359.101 billion.
The Deal Rankings
The rankings from the specialized publication The Deal have also been recently published, in which LLYC achieved strong global positions. The firm ranks 4th globally in the Private Equity category.
