Baker Tilly International has once again ranked among the world's leading M&A advisers, placing 7th globally by deal count in the mid-market segment in the latest LSEG (formerly Refinitiv) league tables for the first half of 2026.
The network also ranked 5th globally in small-cap M&A, underlining its continued strength in supporting mid-market and small-cap transactions worldwide.
Regionally, the network achieved top 10 rankings for mid-market M&A across Benelux, China, Europe, France, Germany and Hong Kong, China, India and Malaysia (Hochinma), and for small-cap M&A in Australia/New Zealand, Benelux, Canada, China, Europe, France, Germany, Hochinma and Hong Kong.
Commenting on the latest rankings, Harsh Maheshwari, global advisory services leader at Baker Tilly International, said: "Our position among the world's leading M&A advisers reflects the strength, expertise and collaboration of teams across the Baker Tilly network.
"As businesses become more selective and strategic about acquisitions, they need advisers who combine deep local insight with global reach. That is exactly what our network delivers, helping clients cut through complexity, seize opportunities and execute deals with confidence."
Worldwide mid-market M&A ranking for H1 2026
| Rank | Financial advisor | Deal count |
| 1 | PwC | 270 |
| 2 | Houlihan Lokey | 235 |
| 3 | Rothschild & Co | 166 |
| 4 | K3 Capital Group Ltd | 145 |
| 5 | EY | 130 |
| 6 | Deloitte | 120 |
| 7 | Baker Tilly International | 111 |
| 8 | Jeffries LLC | 111 |
| 9 | Morgan Stanley | 107 |
| 10 | Goldman Sachs | 106 |
Source: LSEG Deals Intelligence
Worldwide small-cap M&A ranking for H1 2026
| Rank | Financial advisor | Deal count |
| 1 | PwC | 243 |
| 2 | Houlihan Lokey | 217 |
| 3 | K3 Capital Group Ltd | 145 |
| 4 | Rothschild & Co | 130 |
| 5 | Baker Tilly International | 108 |
| 6 | EY | 106 |
| 7 | M&A Capital Partners | 102 |
| 8 | Deloitte | 101 |
| 9 | Jeffries LLC | 82 |
| 10 | IMAP | 80 |
Source: LSEG Deals Intelligence