Law firm Veat, 2024 First Half M&A League Table TOP5

Law firm Veat achieved remarkable results in the 2024 first half M&A market. According to Bloomberg and The Bell, among others, Law firm Veat secured a spot within the TOP5 in the 2024 first half M&A market, achieving outstanding results in the league table. Recording stable results in Bloomberg and The Bell's league tables, the firm solidified its position in the domestic M&A market.

Bloomberg and The Bell League Table Performance

• Bloomberg League Table

According to the Bloomberg league table released on July 2, Law firm Veat ranked 5th in the 2024 first half Korean M&A market based on the number of deals. With a total of 1,419 deals and US$37 billion (approximately KRW 51.4 trillion) in transaction value occurring in the Korean M&A market, Law firm Veat climbed into the top 5 by number of deals, demonstrating excellent capabilities as an M&A boutique.

• The Bell / DealSite League Table

Law firm Veat also stood out in The Bell’s league table (over KRW 50 billion) and DealSite. The firm ranked 18th in The Bell league table based on completed deals and 14th based on announced deals, and achieved 12th place in the DealSite league table, demonstrating its important role in the domestic M&A market.

• M&A Market Overview and Outlook

The Korean M&A market in the first half of 2024 showed a slight increase in the number of deals compared to the first half of last year, but the transaction size decreased somewhat. In particular, the transaction size in the second quarter rose by over 70% compared to the first quarter, showing a recovery, but it is still premature to discuss a full recovery of the entire market. Bloomberg analyzed, “Companies struggling to secure funding are expected to come up for sale through restructuring in the second half.” This suggests the possibility of a recovery in the M&A market, which has been stagnant since the COVID-19 pandemic.

• Law firm Veat’s Role and Performance

Law firm Veat has achieved results within the top 10 in the domestic M&A market, leveraging its strengths as an M&A boutique. Notably, among the ‘top 10’ by number of deals, five were M&A boutiques, and Law firm Veat has excelled in this area by providing competitive legal services.

Law firm Veat’s performance this time serves as an opportunity to re-demonstrate its expertise and capabilities in the M&A market. Going forward, Law firm Veat will continue to provide its clients with the best possible legal services and strengthen its leadership in the M&A market.

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Law firm Veat