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2027 Edition
  • Banking and finance
    29 firms ranked
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  • Capital markets : Debt
    18 firms ranked
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  • Capital markets : Equity
    14 firms ranked
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  • Capital markets : Structured finance and securitisation
    9 firms ranked
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  • Financial services regulatory
    21 firms ranked
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  • M&A
    40 firms ranked
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  • Project development
    15 firms ranked
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AKD
AKD has established a strong position in the Belgian market through its work on M&A, private equity, financing and strategic corporate transactions. The firm is particularly active in sectors such as technology, life sciences, industrials and innovation-driven businesses, where clients value its ability to combine transactional expertise with commercial and sector-specific insight.

The practice regularly advises corporates, investors, private equity houses and financial institutions on acquisitions, investments, financings and business transformations. Its client base reflects a diverse mix of strategic and financial investors, with recent mandates involving Thomas Gruppe, Gardiner Bros, Jaga, Wasserman, ING Belgium, Morgan Stanley, KBC Bank, Mentha Capital, PMV and Varadero Capital. This broad client roster demonstrates the firm's continued activity across mid-market and cross-border transactions involving both domestic and international stakeholders.

AKD is particularly recognised for its work at the intersection of corporate transactions, technology, innovation and growth sectors. The team advises clients throughout the full lifecycle of a transaction, from structuring and due diligence through to negotiation, financing and post-closing integration. Its multidisciplinary approach enables the firm to support clients on complex matters requiring corporate, financing and regulatory expertise.

Clients value the firm's practical and commercially focused approach to transactions. Feedback highlights the team's responsiveness, ability to work effectively under tight timelines and strong execution capabilities on cross-border matters. The practice is also recognised for its professionalism, integrity and commitment to delivering clear and solution-oriented advice, particularly when acting alongside international counsel on complex transactions.

Key clients

Thomas Gruppe; Gardiner Bros; Jaga; Wasserman; ING Belgium; Morgan Stanley; KBC Bank; Mentha Capital; PMV; Varadero Capital, L.P.

Testimonials

“Strong responsiveness and ability to meet tight deadlines.” (Cross-border finance)

“Commercially focused and solution-oriented.” (Cross-border finance)

“High integrity and professionalism.” (Corporate / M&A)

“Strong legal knowledge and a passionate, committed team.” (Corporate / M&A)

“Consistently strong client service.” (Corporate / M&A)
Monard Law has established a strong position in the Belgian market through its work across M&A, banking and finance, project finance and infrastructure-related matters. The firm regularly advises corporates, investors, financial institutions and public-sector stakeholders on strategic transactions, acquisitions, financing arrangements and development projects, combining transactional expertise with a pragmatic and commercially focused approach.

The practice is particularly active in mid-market M&A and financing transactions, where clients value the team's ability to manage complex transactions while maintaining a strong focus on commercial objectives. The firm also continues to advise on infrastructure and development matters, acting for lenders, sponsors and project participants on financing structures and long-term investment projects.

Monard Law's client base reflects its broad presence across financial services, private capital and corporate transactions. Recent mandates have involved major financial institutions and investors, including BNP Paribas Fortis, ING Belgium, Bank Nagelmackers, Keytrade Bank and Banque Internationale à Luxembourg (BIL). The firm continues to support both domestic and international clients on acquisitions, investments, financing transactions and strategic business initiatives.

Clients value the firm's responsiveness, sector knowledge and practical approach to legal advice. The team is recognised for combining strong technical capabilities with a business-oriented mindset, enabling it to deliver effective solutions across a wide range of financing and corporate transactions.

Key clients

BNP Paribas Fortis; ING Belgium; Bank Nagelmackers; Keytrade Bank; Banque Internationale à Luxembourg (BIL).
Van Olmen & Wynant has established a strong position in the Belgian market through its work across corporate law, M&A, private equity and venture capital transactions. The firm is particularly active in mid-market acquisitions, investments and growth-stage transactions, regularly advising founders, investors, financial institutions and corporate groups on strategic corporate matters.

The practice is recognised for its high volume of transactional work and its ability to support clients throughout the full lifecycle of an investment or acquisition. The team regularly advises on share acquisitions, disposals, venture capital investments, shareholder arrangements, corporate restructurings and governance matters, combining technical expertise with a practical and commercially focused approach.

Recent work reflects the breadth of the firm's client base, which includes ING Belgium, Soda Data, Bizzcontrol, Aldea Group and CIC Capital Belgium. These mandates highlight the firm's continued activity across financial services, technology, software, private capital and growth-company transactions. The practice has developed particular strength in supporting innovative and fast-growing businesses, as well as investors pursuing strategic acquisitions and expansion opportunities.

Clients value the firm's responsiveness, accessibility and business-minded approach to transactions. Feedback highlights the team's strong private equity and venture capital expertise, commercial awareness and ability to provide clear, pragmatic solutions to complex issues. The practice is also recognised for its strategic thinking, negotiation capabilities and close understanding of clients' commercial objectives, with partner involvement frequently cited as a key strength.

Key clients

ING Belgium; Soda Data; Bizzcontrol; Aldea Group; CIC Capital Belgium.

Selected client feedback

“Strong private equity and venture capital expertise.” (Private equity)

“Commercial and pragmatic advice with a strong understanding of client needs.” (M&A)

“Responsive lawyers with strong strategic thinking.” (Private equity)

“Ability to explain complex issues clearly and provide practical solutions.” (Corporate / M&A)

“Strong documentation, negotiation support and transaction execution.” (Private equity)

“Highly knowledgeable, commercially aware and client-focused.” (M&A)
190 results190 results
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Deal Highlights
327 results327 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Liberty Global Belgium Holding BV - M&A
2023-03-21
A&O Shearman - Belgium
Belgium
M&A
Daniel Litowitz, George Casey, Simon Burrows, Yiting Du
Liberty Global Belgium Holding BV
Buyer
Telenet Group Holding NV - M&A
2023-03-21
Freshfields
Belgium
M&A
Anastasia Screve, Deborah Janssens, Joachim De Vos, Nikolaas Van Robbroeck, Sahra Benrabah, Sebastian Fain, Sigrid Ververken
Telenet Group Holding NV
Target
Cary Group Holding AB - M&A
2023-05-25
White & Case
Belgium
M&A
Antoine Cleret, Christophe Goossens, Philippe Hendrickx, Rodrigo Gubbins, Thierry Bosly, Thomas Glauden
Cary Group Holding AB
Buyer
Axon Enterprise Inc. - M&A
2023-07-14
Morgan Lewis & Bockius
Belgium
M&A
Aaron Suh
Axon Enterprise Inc.
Buyer
Gestrim Belgium - M&A
2023-06-01
Liedekerke
Belgium
M&A
Damien Conem, Emma Delaude, Joelle Thambwe
Gestrim Belgium
Target
Citya Immobilier group - M&A
2023-06-01
Scotto Partners
Belgium
M&A
Clement Carol, Coralie Oger
Citya Immobilier group
Buyer
Groupe RG - M&A
2023-07-04
McDermott Will & Schulte
Belgium
M&A
Gregoire Andrieux
Groupe RG
Buyer
Tilray Brands Inc. - M&A
2023-08-09
Greenberg Traurig
Belgium
M&A
Ali Ahmed, Brian Singer, Hans Biebl, Joseph Herz
Tilray Brands Inc.
Buyer
Anheuser-Busch InBev SA/NV - M&A
2023-08-09
Spencer Fane
Belgium
M&A
Elizabeth Felker, Orren \ Adams
Anheuser-Busch InBev SA/NV
Seller
AAC Technologies - M&A
2023-08-11
Freshfields
Belgium
M&A
Anne Zwolsman, Bert Spijkervet, Brunhilde Van Den Haute, Charles Ramsey, Cindy Kwong, Claire Langlois, Diana Baum, Eelco van der Stok, Fabian Zopfchen, Frank Schaer, Frederic Elens, Grace Huang, Hadrien Berlanger, Jan Jeram, Kilian Seidel, Koen Vanlaer, Lars Meyer, Laura Fruhauf, Lauren Willen, Merit Olthoff, Meytal McCoy, Michael Broeders, Nabeel Yousef, Nigel Gleeson, Nina Bayerl, Ninette Dodoo, Nino De Lathauwer, Noah Lipkowitz, Philipp Simon, Rafique Bachour, River He, Saloua Ouchan, Satya Polet, Sophie Sperlich, Stan Lemmen, Stephan Reemts, Theodora Milos, Tim Elkerbout, Uwe Salaschek, Wenting Ge, Xiaopeng Lai, Xin Liu, Zach Truscott
AAC Technologies
Buyer
Sweco AB - M&A
2023-01-10
White & Case
Belgium
M&A
Carlo Meert, Daphne Emvalomenos, Elien Claeys, Jeremie Jourdan, Nick Hallemeesch, Thierry Bosly, William De Catell
Sweco AB
Buyer
Cold Care Group - M&A
2023-08-31
DLA Piper
Belgium
M&A
Daphne Bens, Erwin Simons, Gilles Leyssen, Jasper van Adrichem, Laurien van der Ham, Pieter Vermeulen, Stefan Spaans
Cold Care Group
Buyer
Orange Belgium SA - M&A
2023-03-30
Latham & Watkins
Belgium
M&A
Axelle Aubry, Jacques-Philippe Gunther, John Wileur, Julien Morize, Laure Maes
Orange Belgium SA
Buyer
Villeroy & Boch - M&A
2023-09-18
Freshfields
Belgium
M&A
Alexander Brauer, Alexander Pospisil, Alexander Schwahn, Boris Dzida, Bruno Gebhardi, Carolin Langlitz, Christina Hinterschweiger, Christoph Seibt, Flavia Lang, Friedrich von der Heydt, Hannes Butz, Jean Mohamed, Jens-Ole Steiner, Johannes Schiele, Julia Kant, Juliane Ziebarth, Mario Huther, Marius Gorski, Marlen Vesper-Gräske, Martin Klusmann, Michael Josenhans, Pavel Bend, Severin Pretzel, Stephen Hewes, Tobias Dressler, Tobias Franz, Valentin Muller, Xinyi Qiu
Villeroy & Boch
Buyer
TPG Real Estate Partners - M&A
2023-10-17
Freshfields
Belgium
M&A
TPG Real Estate Partners
Buyer
Kereis SAS - M&A
2023-06-29
CMS
Belgium
M&A
Arnaud Van Oekel, Barbara Marissens, Benoît Vandervelde, Candice Kunkera, Elisa Le Grelle, Florence Berchem, Lola Verelst, Oceane De Ridder, Sophie Berg, Thomas Dubuisson
Kereis SAS
Buyer
Nanocyl SA - M&A
2023-10-11
CMS
Belgium
M&A
Arnaud Van Oekel, Candice Kunkera, Charles-Antoine du Bus
Nanocyl SA
Target
Howden Group Holdings Ltd. - M&A
2023-10-24
CMS
Belgium
M&A
Virginie Fremat
Howden Group Holdings Ltd.
Buyer
Cie de Saint-Gobain SA - M&A
2023-09-26
Willkie Farr & Gallagher
Belgium
M&A
Claire McDaid, Fabrice Veverka, Faustine Viala, Jean-Quentin de Cuyper, Rahul Saha
Cie de Saint-Gobain SA
Buyer
Graphius Group - M&A
2023-05-02
Baker McKenzie
Belgium
M&A
Davinia Martens
Graphius Group
Buyer
16
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By Firm
72 results72 results
Firm Name Jurisdiction Total Deals Deals (Last 12 Months)
A&O Shearman
Belgium
18
0
A&O Shearman - Belgium
EU Competition
2
0
AKD
Belgium
8
0
Allens
1
0
Arendt & Medernach
Luxembourg
1
0
Argo
Belgium
1
0
August Debouzy
EU Competition
1
0
Ayache
France
1
0
Baker & Hostetler
1
0
Baker McKenzie
Belgium
37
0
Cleary Gottlieb Steen & Hamilton
Belgium
4
0
Clifford Chance
Belgium
2
0
CMS
15
0
Cresco
Belgium
20
0
Cuatrecasas
1
0
Davies Ward Phillips & Vineberg
1
0
Dechert
Belgium
1
0
Delaby & Dorison
France
1
0
Dentons
Belgium
1
0
DLA Piper
EU Competition
14
0
1
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4
The 2027 edition recognises 3,524 practices across 24 jurisdictions, with France, Germany and the UK driving much of the growth following the introduction of new tables
M&A
Sullivan & Cromwell hired a four-partner PE M&A team, while Orrick, Willkie and K&L Gates added senior talent across finance, infrastructure and corporate practices
M&A
Clemens York discusses how expanding EU regulatory regimes are reshaping transaction execution, from data preparation and deal documentation to cross-practice matter staffing
The move gives the US firm a four-partner antitrust team across Brussels and London, adding senior firepower in two key European competition hubs
Tom Schoors will combine the new EU chair role with his post as Belgium managing partner, helping global clients to tap into the firm’s EU expertise across 16 offices
The finalists for the 28th annual Europe awards have been revealed, with the winners to be announced in London on June 11
M&A
HSF Kramer appoints M&A trio in New York, while Vinson & Elkins opens its Brussels office and Morgan Lewis elects new chair
New hires were made across the antitrust, M&A, corporate and finance practices in Brussels, London, Charlotte, Washington DC, New York and San Diego
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