04.01.2018 — Berenberg named Best Mid-Market Equity House at IFR Awards
• €8.6 billion issue volume
• 51 transactions accompanied
• Again No. 1 in German-language ECM
Hamburg/London. Berenberg has continued to grow its standing in European Equity Capital Markets (ECM) and has been named the best “EMEA Mid-Market Equity House” by renowned industry publication International Financing Review (IFR) of the Thomson-Reuters Group.
“Having conquered its home market of Germany, Berenberg is rapidly building in the UK and elsewhere in Europe. In five years it has established itself as a leading ECM house that does things differently, making it IFR’s inaugural EMEA Mid-Market Equity House.” These are the grounds provided by the jury for awarding the distinction.
For the fourth year in a row Berenberg worked on more IPOs, capital raises, and placings in the German-speaking world than any other competitor (see table).
Berenberg has also now successfully expanded into other countries. In particular, it made significant progress in its UK ECM business, with 17 transactions last year. Berenberg completed a total of 51 ECM transactions in 2017 (2016: 21) worth €8.6 billion.
Hendrik Riehmer, Managing Partner at Berenberg, said: “In addition to continuing to be market leader in German-speaking countries, we have developed into a Europe-wide ECM institution in recent years. We now have a strong profile internationally as well, helping companies to raise capital to fund growth.”
Bastian Schiedat, Global Head of Equity Capital Markets at Berenberg, added: “In 2017, we completed the very successful IPO of battery manufacturer Varta as the sole global coordinator, were part of the largest German IPO with Delivery Hero and assisted in the IPOs of companies including Aumann, Hello Fresh and Zur Rose (Doc Morris).”
Zahl Federführende Bank
20 Credit Suisse
18 J.P. Morgan
16 Deutsche Bank
12 Morgan Stanley
11 Goldman Sachs