Kirkland & Ellis has ended Freshfields Bruckhaus Deringer’s five-year run at the top of Europe’s M&A advisor league table rankings amid a strong showing by U.S. firms in the region.

Kirkland advised on 162 deals worth a total value of $224.2 billion in 2019, edging ahead of Freshfields, which advised on 181 worth $221.6 billion, according to data from Mergermarket.