logo
Bank of America leads M&A financial adviser rankings for construction in Q1 2025

Bank of America leads M&A financial adviser rankings for construction in Q1 2025

Yahoo22-04-2025

Bank of America has led the financial advisers rankings for construction sector mergers and acquisitions (M&A) in the first quarter (Q1) of 2025, both in terms of value and volume, according to the latest league table published by data and analytics company GlobalData.
An analysis of GlobalData's Deals Database found Bank of America leading with advisory on four deals totalling $12.1bn.
Goldman Sachs secured the second spot by value through advisory on deals valued at $12bn. It was followed by Lazard and JP Morgan at $11.5bn each, and Jefferies at $8.8bn.
GlobalData lead analyst Aurojyoti Bose said: 'There was a year-on-year (YOY) improvement in the total volume and value of deals advised by Bank of America during Q1 2025. Resultantly, it went ahead from occupying the 31st position by volume in Q1 2024 to top the chart by this metric in Q1 2025. Bank of America's ranking by value also jumped from 14th to the top position during this period.'
Generational Group ranked second in terms of volume, having advised on four deals. It was followed closely by Goldman Sachs, Lazard, and Morgan Stanley at three deals each.
GlobalData's league tables are based on the real-time tracking of thousands of company websites, advisory firm websites and other reliable sources available on the secondary domain. A dedicated team of analysts monitors all these sources to gather in-depth details for each deal, including adviser names.
To ensure further robustness to the data, the company also seeks submissions of deals from leading advisers.
"Bank of America leads M&A financial adviser rankings for construction in Q1 2025" was originally created and published by World Construction Network, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tesla Has a Leg Up on Self-Driving Car Competitors, Says Goldman Sachs Ahead of Robotaxi Launch
Tesla Has a Leg Up on Self-Driving Car Competitors, Says Goldman Sachs Ahead of Robotaxi Launch

Yahoo

time44 minutes ago

  • Yahoo

Tesla Has a Leg Up on Self-Driving Car Competitors, Says Goldman Sachs Ahead of Robotaxi Launch

Tesla shares rose on Tuesday in anticipation of the launch of the EV maker's robotaxi service in Austin, Texas, later this week. Tesla has two potential advantages in the autonomous vehicle market, according to Goldman Sachs analysts: low hardware costs and the ability to scale quickly with AI-powered self-driving software. Goldman joined other Wall Street firms on Tuesday in questioning the viability of CEO Elon Musk's ambitious targets for the robotaxi investors on Tuesday were putting last week's feud between CEO Elon Musk and President Trump in the rearview mirror and looking ahead to what they hope will be the EV maker's next growth driver. Tesla (TSLA) shares surged Tuesday, rising nearly 6% for their third straight day of big gains, in anticipation of the launch of its robotaxi service in Austin, Texas. The company expects to operate 10 to 20 vehicles starting this week, and grow the fleet in the coming months. Goldman Sachs analysts in a note on Tuesday said the EV maker could have two advantages in the AV market. First, the scale of its existing business and certain design choices—Tesla uses custom silicon and does not use lidar or radar to navigate—could make its vehicles significantly less expensive than the competition. Second, its 'end to end AI training approach' could facilitate faster scaling by creating an adaptable software that uses reasoning, not programming, to understand new environments. Tesla has set aggressive scaling targets for its AV business. The company plans to enter markets beyond Austin before the end of the year, and CEO Elon Musk expects to have 'hundreds of thousands' of AVs on the road by the end of next year. Tesla expects operating costs at scale to be about 40 cents per mile. Goldman Sachs has more modest expectations. The firm estimates the average AV's depreciation, insurance, and remote operator costs currently total about $1.34 per mile, and they don't expect those costs to decrease to 40 cents until about 2040. They also expect Tesla will have about 2,500 robotaxis in service by the end of 2027. Goldman is not alone in thinking Tesla's targets are unrealistic. Baird downgraded Tesla stock on Monday, citing 'lofty expectations' as a primary reason. 'We believe Musk's comments regarding the robotaxi ramp rate are a bit too optimistic, and we believe this excitement has been priced into shares,' wrote research analyst Ben Kallo. A lot is riding on the success of Tesla's robotaxi service. Musk has been insisting for more than a year that Tesla's core business is AI and robotics, not cars. The company began production of its Dojo Supercomputer in 2023, and in 2024 began prioritizing its robotaxi service over the development of a low-cost, human-driven EV model. Anticipation of the robotaxi rollout has buoyed Tesla's share price ever since despite mounting troubles. Sales slumped in the first quarter amid increased competition and a consumer backlash to Musk's work with the Trump administration. The stock lost more than half of its value between hitting an all-time high in December and early April when stocks nosedived after Trump unveiled steep tariffs on most of the world's goods. Shares rebounded in late April and May after Musk promised to spend less time in Washington. But the stock took another hit earlier this month when Musk and the president sparred online over the impact the tax bill working its way through Congress could have on America's fiscal deficit. The public spat jeopardized Musk's amiable relationship with the president, which was a key reason many Tesla investors looked past weak sales and an uncertain outlook. Gene Munster and Brian Baker of Deepwater Research said in a note last week they do not anticipate Musk's feud with Trump will derail Tesla's AV leadership. The White House, they said, "has little to gain in standing in front of autonomy" considering the race between the U.S. and China to be the global leader in artificial intelligence. "The bottom line, [we] expect cooler heads to prevail and the Federal Government will continue to support the growth of these services." Read the original article on Investopedia

Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States

Business Wire

time4 hours ago

  • Business Wire

Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States

SAN FRANCISCO--(BUSINESS WIRE)--At a ribbon-cutting event in San Francisco, Visa, Street Soccer USA (SSUSA) and Bank of America announced today an initiative to expand access to soccer across the United States. Harnessing the unifying power of soccer, the companies will provide open park space in six cities to bring people together, foster youth development, and strengthen community ties through sport and purpose-driven programming. 'This movement is about scale, sustainability, and impact,' said Lawrence Cann, Co-Founder and President of Street Soccer USA. 'Alongside our partners, we are making a significant pass toward building a national network of parks that deliver real value—on and off the field. These are spaces where young people can grow, communities can connect, and every victory, big or small, can lead to meaningful change.' Visa Street Soccer Parks, the first of which opened today in San Francisco, are intentionally designed to be vibrant centers for community engagement, offering more than just a space for soccer. Each park will feature two professional-grade Bank of America fields, providing facilities with lighting for evening activities, digital scoreboards, learning centers and seating areas for spectators and special events. Park locations and projected opening: San Francisco – Opened June 2025 Denver – August 2025 Kansas City – September 2025 New York City – October 2025 Nashville – November 2025 Atlanta – Winter 2025 As momentum builds ahead of one of the biggest landmark years for soccer in U.S. history, these parks will provide a local platform for community connection, growth, and opportunity – into 2026 and beyond. 'Through this partnership, we're creating more than soccer parks—we're building platforms for progress,' said Kim Lawrence, President, North America, Visa. 'Each park represents a step toward stronger, more connected communities. By combining the power of sports with access to education and opportunity, we're helping individuals and families move forward—one goal, one lesson, and one connection at a time.' 'Sports bring communities together, and over the next few years, the entire world will come together for soccer in North America,' said David Tyrie, President, Marketing, Digital and Specialized Consumer Client Solutions at Bank of America. 'These fields will provide high-quality spaces where the lessons of soccer – teamwork, goal-setting, preparation and determination – come to life for the next generation.' Each park will serve as a local hub for sport, learning, and engagement, offering year-round activities that include youth and adult leagues, after-school academic support, job readiness training, and more. Collectively, the parks represent more than a place to play—they're a growing network of opportunity, built to connect communities and unite them through the game that brings the world together. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at About Street Soccer USA Street Soccer USA is a national non-profit organization dedicated to addressing social issues through soccer-based programs, providing underserved communities with pathways to achieve their potential. With a focus on accessible soccer programming and park development, SSUSA fosters safe, community-driven environments that empower individuals and strengthen neighborhoods. Through long standing relationships with municipal and state partners, thousands of donors, and key foundation, brands and pro soccer partners like Adam R. Scripps Foundation, UNIQLO, Borussia Dortmund, Serie A among others, SSUSA has grown to serve tens of thousands of youth and families each year across 16 cities, nationally, and growing. About Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States
Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States

Yahoo

time4 hours ago

  • Yahoo

Visa, Street Soccer USA and Bank of America Join Forces to Expand Access to Soccer in Communities Across the United States

SAN FRANCISCO, June 10, 2025--(BUSINESS WIRE)--At a ribbon-cutting event in San Francisco, Visa, Street Soccer USA (SSUSA) and Bank of America announced today an initiative to expand access to soccer across the United States. Harnessing the unifying power of soccer, the companies will provide open park space in six cities to bring people together, foster youth development, and strengthen community ties through sport and purpose-driven programming. "This movement is about scale, sustainability, and impact," said Lawrence Cann, Co-Founder and President of Street Soccer USA. "Alongside our partners, we are making a significant pass toward building a national network of parks that deliver real value—on and off the field. These are spaces where young people can grow, communities can connect, and every victory, big or small, can lead to meaningful change." Visa Street Soccer Parks, the first of which opened today in San Francisco, are intentionally designed to be vibrant centers for community engagement, offering more than just a space for soccer. Each park will feature two professional-grade Bank of America fields, providing facilities with lighting for evening activities, digital scoreboards, learning centers and seating areas for spectators and special events. Park locations and projected opening: San Francisco – Opened June 2025 Denver – August 2025 Kansas City – September 2025 New York City – October 2025 Nashville – November 2025 Atlanta – Winter 2025 As momentum builds ahead of one of the biggest landmark years for soccer in U.S. history, these parks will provide a local platform for community connection, growth, and opportunity – into 2026 and beyond. "Through this partnership, we're creating more than soccer parks—we're building platforms for progress," said Kim Lawrence, President, North America, Visa. "Each park represents a step toward stronger, more connected communities. By combining the power of sports with access to education and opportunity, we're helping individuals and families move forward—one goal, one lesson, and one connection at a time." "Sports bring communities together, and over the next few years, the entire world will come together for soccer in North America," said David Tyrie, President, Marketing, Digital and Specialized Consumer Client Solutions at Bank of America. "These fields will provide high-quality spaces where the lessons of soccer – teamwork, goal-setting, preparation and determination – come to life for the next generation." Each park will serve as a local hub for sport, learning, and engagement, offering year-round activities that include youth and adult leagues, after-school academic support, job readiness training, and more. Collectively, the parks represent more than a place to play—they're a growing network of opportunity, built to connect communities and unite them through the game that brings the world together. About Visa Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at About Street Soccer USA Street Soccer USA is a national non-profit organization dedicated to addressing social issues through soccer-based programs, providing underserved communities with pathways to achieve their potential. With a focus on accessible soccer programming and park development, SSUSA fosters safe, community-driven environments that empower individuals and strengthen neighborhoods. Through long standing relationships with municipal and state partners, thousands of donors, and key foundation, brands and pro soccer partners like Adam R. Scripps Foundation, UNIQLO, Borussia Dortmund, Serie A among others, SSUSA has grown to serve tens of thousands of youth and families each year across 16 cities, nationally, and growing. About Bank of America Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC). View source version on Contacts VisaDerek Wallsdewalls@ 202-316-1754

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store