Despite the challenging international M&A market environment in 2025, BDO—one of the world’s leading professional services firms—has once again maintained its global leadership in financial advisory for M&A transactions by number of deals, ahead of EY (2nd), PwC (3rd) and KPMG (4th), according to the FactSet ranking, the multinational company specializing in financial information. In addition, BDO holds the second position worldwide, according to the prestigious Mergermarket ranking, among Financial Due Diligence advisors.
The number of transactions advised by BDO has increased by 5% compared to the previous year, with 40% of these deals carried out by Private Equity firms and 25% corresponding to cross-border transactions.
Eduardo Pérez, Partner and Head of Deal Advisory at BDO in Spain, commented: “Reaffirming our position in leading international rankings, in a year full of major challenges, demonstrates the strength and consistency of the work we have been delivering for years. For 2026, we anticipate a significant recovery in the M&A market, for which our team is fully prepared, providing insight, rigor and added value in every transaction for our clients.”
BDO is one of the world’s leading global professional services organizations, offering Audit & Assurance, Advisory, Tax & Legal, and BSO (Outsourcing) services. The global BDO network has 1,800 offices in 166 countries and 119,611 professionals.
About BDO
BDO in Spain currently has more than 1,600 professionals working across its offices in A Coruña, Alicante, Barcelona, Bilbao, Madrid, Málaga, Sevilla, Las Palmas de Gran Canaria, Pamplona, Santander, Valencia, Valladolid, Vigo, and Zaragoza.
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