The top 20 dealmakers of 2020, ranked

Citigroup; JPMorgan; Morgan Stanley; Qatalyst Partners; Skye Gould/InsiderMeet the top dealmakers of 2020.

Dealmaking got off to a rough start in 2020, with mergers and acquisitions temporarily going over a cliff in the springtime as the world was met with a series of lockdowns and harsh restrictions to confront the spread of the coronavirus.

But by late summer and into the autumn, activity roared back, albeit with some notable differences — such as virtual meetings in lieu of in-person management presentations, and limited celebratory fanfare for completed deals.

In spite of a stormy start for M&A, top dealmakers at firms like Goldman Sachs and Morgan Stanley still managed to deliver a series of marquee deals like S&P Global’s $US44 billion all-stock planned acquisition of data firm IHS Markit, chipmaker Nvidia’s $US40 billion acquisition of SoftBank-owned British competitor Arm Holdings, and Salesforce’s $US27 billion acquisition of Slack.

Ultimately, 2020’s M&A volumes were down just 5% compared to the year before.

To take a closer look at the people behind the numbers, Insider has partnered with MergerLinks, a financial intelligence platform that tracks deals and individual bankers, to present our second-annual edition of “The Rainmakers,” a league-table ranking of the top-20 M&A bankers based on the size of the deals they orchestrated in North America last year.

So who was the top rainmaker when it came to M&A in 2020?

While Goldman Sachs had the most representation with four bankers cracking the top-20, the No. 1 spot went to Anthony Armstrong, Morgan Stanley’s global head of technology M&A. Armstrong, who joined Morgan Stanley in 2015 after a long run at Credit Suisse, landed several megadeals in 2020, including a role advising chipmaker Nvidia on its $US40 billion cash-and-stock acquisition of Arm Holdings, the the SoftBank-backed semiconductor giant.

Click here to see the full list of the 20 top North American dealmakers for 2020

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