RBC Capital Markets placed first in Thomson Reuters ranking of top investment banking firms in the cable, telecom, broadcast and data infrastructure space, logging 13 transactions in 2012.
RBC tied with Barclay’s, which also completed 13 deals in the space last year.
In 2012, RBC served as sell-side M&A adviser in Oak Hill Capital Partners' and GI Partners' acquisition of Wave Broadband (Waller Capital served as co-adviser to Wave) ; Charter Communications’ sale of its Beaufort, S.C. cable system to Hargray ; Discovery Communications’ acquisition of Revision3 ; and Northland Communications’ sale of its Sandersville, Ga. System to Charter. The investment banker also served as joint book runner on Cequel Communications’ $500 million senior notes offering; Time Warner Cable’s $1.25 billion offering of senior unsecured notes; NBC Universal’s $2 billion senior notes offering; and Cablevision Systems’ $750 million senior notes offering.
Rounding out the top 10 were Moelis & Co. (11 deals), UBS (10 deals), JP Morgan (10 deals), Morgan Stanley (9 deals), Bank of America Merrill Lynch (9 deals), Deutsche Bank (8 deals), Goldman Sachs (8 deals and Evercore Partners and Duff & Phelps, each with 7 deals for the year.
RBC also ranked No. 1 in the number of transactions completed between 2000 and 2012 with 475 deals.