NEW YORK (February 11, 2008) — McDermott Will & Emery has been ranked among the top 25 law firms in the 2007 PIPE Market Investor Counsel League Table by Number of Transactions by PlacementTracker, published by Sagient Research Systems.
Sagient Research, a leading publisher of independent research for the financial services and institutional investment communities, also reported that the PIPE market enjoyed its fourth consecutive record year in 2007, with $83.59 billion raised in 1,434 transactions. This total exceeded the 2006 total of $29.35 billion by 185 percent.
McDermott's PIPE League Table ranking comes only weeks after M&A and private equity league tables for the fourth quarter of 2007 ranked McDermott as a leading law firm in those markets as well. Both Bloomberg and Mergermarket placed the Firm the top 20 for Global Private Equity Announced Deals and U.S. Announced Deals, and Thomson Financial ranked the Firm in the top 15 for legal advisers in North American Buyouts and U.S. Target Deals Announced.
McDermott has one of the world's leading private equity practices. Our private equity partners have been helping large cap, middle market and small cap private equity clients since the mid-1980s. We advise private equity clients, including buyout funds, venture capital firms, hedge funds, real estate funds and other alternative investment vehicles, doing business principally in the U.S., European and Asian markets. Lawyers based in our U.S. and European offices have played a leading role in hundreds of private equity transactions, for both public and private companies, ranging in size from less than $100 million to more than $45 billion.
McDermott's M&A Practice Group represents a wide spectrum of publicly and privately held businesses from Global 50 companies to venture backed start ups, as well as private equity funds and investment banks. As a globally integrated team, the Firm's lawyers manage complex transactions with components in multiple jurisdictions throughout the world. With more than 150 lawyers practicing on one integrated platform, McDermott's M&A Practice is recognized worldwide, placing in the Top 20 in several deal tables in 2006 and 2007.
PlacementTracker’s League Tables are available online at: http://www.sagientresearch.com/pt/leaguetables.cfm.