The advisory boutique run by City rainmakers Michael and Yoël Zaoui has continued its strong start to the year by winning a sole advisory mandate on a multibillion-dollar takeover in the Netherlands.

The brothers' firm, Zaoui & Co, has emerged as sole financial adviser to GO Scale Capital, an investment fund backed by GSR Ventures and Oak Investment Partners, on its $2.9 billion deal to buy a majority stake in Dutch electronics major Philips' lighting business, which was announced on Tuesday.