How it works - M&A League Tables

This section is for League Table entries only. 

The Process - League Tables 

Step 1: Submit your data by 25 October 2025 

Our Digital Infrastructure M&A Advisory League Tables are compiled using our comprehensive Deal Data which includes a powerful mix of aggregated and proprietary M&A data points.

There is no cost to submit your deals to us, but to ensure we capture your deals, please submit your data no later than our deadline of October 2025 (exact date coming soon).

You can use our simple upload tool here or contact our Research Team at researchteam@tmtfinance.com 

We are looking for data for all M&A deals announced between January 1, 2025 and December 31, 2025 and over $50m deal value 

Step 2: Data analysis 

Our research team then analyses submissions and the extensive data available on the TMT Finance platform.  

If transactions have undisclosed values we will use our own proprietary data if we have it - otherwise the deal will count for Volume only (not Value) 

Our league tables capture the role of an adviser mandated on any side of the deal (bidder, target or seller) 

Full criteria can be found below.  

Step 3: Shortlists announced from November 2025 

As soon as the data analysis is complete, the TMT Finance Awards shortlists are publicly announced. Only firms that appear on the shortlist are eligible to enter TMT Finance Awards and are presented in alphabetical order only. The winners will be presented on the night of the awards.  

For all adviser shortlists, this is for deals announced between 1 September 2024 and 31 August 2025 (excluding lapsed or cancelled) with a deal value of more than USD 50m 

For Digital Infra M&A adviser shortlists, this takes into account where the dominant subsectors are: Datacentres, Fibre, Cable and Broadband; Towers and Small Cells; Satellite 

In case of the ranking sharing or border line, TMT Finance team applies additional judgment based on size of the deals, type of targets, type of transactions, complexity of the deals, timetables of the deals, variety of subsectors, variety of countries within the region, number of other advisors involved in the deals.